Tuesday, July 2, 2024
HomeSaudi Arabia SaudiArabia-Based Sweply Secures $2 Million In Seed Round Funding

[FUNDING NEWS] SaudiArabia-Based Sweply Secures $2 Million In Seed Round Funding

Saudi ad tech startup Sweeply earned $2 million in a seed fundraising round led by Salla and Sanabil 500 Global.

Saudi ad tech startup Sweeply earned $2 million in a seed fundraising round led by Salla and Sanabil 500 Global.

The business optimises ad placements, boosts engagement, and maximises conversions across digital channels by utilising AI and machine learning. With the financing, Sweeply hopes to grow its workforce, quicken the pace of new product development, and fortify its position in the Arab and international markets.

Read also – Israel Based Startup Fetcherr Secures $90 Million In Series B Round Funding

Sanabil 500 Global and Salla have contributed to the $2 million Seed investment round that Saudi Arabia’s Sweeply, an advertising solutions startup, has closed.

“We are delighted to have the support of Sanabil 500 Global and Salla at this crucial stage of our journey,” said Wael Hassan, co-founder and CEO of Sweeply. “Their investment reflects confidence in our vision to revolutionize ad technology with data-driven innovative solutions that deliver tangible results for both advertisers and publishers.”

Read also – UAE-Based Comfi Raises $5 Million In Debt Funding

The company leverages AI and machine learning to optimize ad placements, enhance engagement, and maximize conversions across digital channels. It plans to use the investment to expand its team, accelerate product development, and strengthen its position in the Arab and global markets.

Saudi Arabia’s advertising solutions company, Sweeply, has closed a $2 million Seed funding round, with contributions from Sanabil 500 Global and Salla.

About Sweply

Sweply uses artificial intelligence to help businesses improve their social media presence. Many features and tools on the platform facilitate content creation, management, optimisation, and digital campaign launch for businesses.

- Advertisement -
RELATED ARTICLES
- Advertisment -

Most Popular