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Dubai-based Lokalee Secures $5.6 Mn Pre Series A Funding led by Crown Private Fund

Dubai-based Lokalee, an AI-powered content platform for hotels and holiday homes has secures USD 5.6 million in pre-series A funding Led by Crown Private Fund, the USD 5.6 million investment also featured contributions from three other strategic investors with hotel and technology background.

Dubai-based Lokalee, an AI-powered content platform for hotels and holiday homes has secures USD 5.6 million in pre-series A funding Led by Crown Private Fund, the USD 5.6 million investment also featured contributions from three other strategic investors with hotel and technology background.

Read also – UAE-based Maalexi Closes $3 Mn Pre-Series A Funding led by Global Ventures

The injection of capital combined with Lokalee’s growth will further fuel the company’s accelerated product development efforts as well as its expansion into European markets.

Read also – Saudi Arabia-based Nawel Secures $1 Mn Pre-Seed Funding led by NOMD Holding

“We are very pleased with the investor confidence in Lokalee, validating the potential of our platform across the global hospitality industry. With this new source of funding, we are determined to accelerate our ambitious expansion to optimize the digitization of the guest journey for our customers,” said Samir Abi Frem, CEO of Advanced Digital Technology and Lokalee.

Read also – Saudi Arabia-based Clinicy Raises Series A Funding led by Middle East Venture Partners

About Lokalee

Founded in 2019 by Samir Abi Frem, Lokalee is a travel content platform designed for hotels that provides everything the property and the city has to offer for their guests at their fingertips. Lokalee is a B2B AI-powered content platform specifically developed for hotels and holiday homes, designed to enhance guest interactions, simplify operations, and increase potential revenue.

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The customizable white-label App allows your guests to browse and book everything your property and the destination has to offer, sourced by our Lokal Curators and supported by our global partners.

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