HomeSaudi ArabiaSaudi-Based Rekaz Raises $5 Million in Seed Funding Round

Saudi-Based Rekaz Raises $5 Million in Seed Funding Round

Saudi-Based Rekaz Raises $5 Million in Seed Funding Round

Rekaz, a Saudi-based software platform that helps service businesses run more efficiently, has raised $5 million in seed funding to grow its product and expand across the region. The funding round was led by COTU Ventures, with support from Impact46, Shorooq, Numrah Capital, and several angel investors.

Rekaz offers a comprehensive software solution for service-based businesses, including gyms, salons, and mobile service providers. It helps manage everything from booking and subscriptions to payments and customer records—all in one place.

The platform removes the need for manual work and messy systems. It also lets businesses create their own branded websites and apps, making it easier to grow and manage online bookings.

More than 7,000 businesses have used Rekaz so far, handling over 1 million bookings and subscriptions through the platform.

This shows that Rekaz is popular with both small, single-location businesses and larger companies with multiple branches.

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“Our mission is to service SMBs what Shopify did for e-commerce,” said Abdulrahman Alomran, CEO and co-founder of Rekaz. “Most service businesses are still operating through scattered tools, spreadsheets, and manual work. We’re building the infrastructure they’ve been missing.”

Rekaz uses a custom-built system along with AI tools and a setup process that adjusts to each type of business. This makes it easy for businesses to get started quickly and run more smoothly, with fewer hassles and fewer steps.

“Rekaz is solving a massive and overlooked problem,” said Amir Farha, General Partner at COTU Ventures. “Service businesses are the economic backbone of the region, and they’ve been left behind by traditional software. Abdulrahman and Abdulaziz are building the right platform at the right time.”

“We’ve designed Rekaz to be flexible, intelligent, and deeply aligned with how service businesses actually work,” added Abdulaziz Alkharashi, CTO and co-founder.

“Rekaz is a game-changer for the service economy in MENA — bringing digitization, operational efficiency, and data-driven growth to thousands of businesses that have historically been left behind,” said Yousef Albabtain, Partner at Shorooq. “We believe Rekaz has the potential to become the foundational layer for service-based SMBs across the region.”

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