Abu Dhabi's Rizek raise $10 million Arrangement A to extend its home administrations stage to Saudi and Egypt

Abu Dhabi's Rizek raise $10 million Arrangement A to extend its home administrations stage to Saudi and Egypt 


Abu Dhabi-based home administrations stage Rizek has brought $10 million up in an Arrangement A round, it reported a week ago. The speculation came from Pinnacle Ventures, ADQ, and family workplaces from UAE and Saudi. Rizek had brought $3.5 million up in a seed round not exactly a year prior. With this most recent financing round, Rizek has now raised a sum of $15 million to date. 



Dispatched in 2020, the startup considers itself the super-application for on-request home administrations – and as it should be. It offers several administrations in eight fundamental classifications – including cleaning, excellence and wellbeing, medical care, men's prepping, support, business and plan, auto, and packers and movers. 


Rizek right now offers these administrations to clients at their homes through an organization of checked and prepared specialist co-ops. Moreover, the stage additionally offers an at-home Coronavirus PCR testing administration. It professes to have helped the public authority gather in excess of 100,000 swabs for testing in the course of the most recent couple of months. 


Presently accessible in Abu Dhabi, Dubai, and Sharjah, and Ajman, Rizek plans to utilize the furthest down the line assets to extend to Saudi and Egypt also. Since its dispatch, it professes to have developed its incomes by 800% and client base by 700%. 


Rizek's fellow benefactor and Chief Abdallah Abu-Sheik, talking about their initial achievement, said, "There are many assistance based economies in the locale, yet what we've done another way is guarantee our cycles are streamlined and reliably exceptional. At Rizek, we have persistently pushed the envelope of advancement by introducing a comprehensive stage that puts the force of decision in the clients' hands. Our main goal is to be the all inclusive resource for all administrations across the locale, permitting the two providers and customers to expand on their qualities and advantages." 

Dexter Rengaw

Experienced Founder with a demonstrated history of working in the media production industry. Skilled in Entrepreneurship, Start-up Consulting, Investment Valuation, Seed Capital, and Board of Directors. Strong business development professional with a Postgraduate Diploma focused in International Business from the University of Cambridge. linkedin

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