Investments

Saudi home maintenance services marketplace Ajeer raises $533,000 in seed funding

Ajeer, a Riyadh-based home services marketplace has raised ~$533,000 (2 million Saudi Riyal) in seed funding, the startup told MENAbytes yesterday. The investment came from two angel investors, one of which is an Ajeer customer.

Founded in 2016 by Faisal Alzahrani, Turki Alarjani, Abdulaziz Al-Taleb, Ajeer offers more than 30 home maintenance services by connecting handymen with customers through its mobile apps. The services include plumbing, electrical work, AC maintenance and repair, and cleaning.

Ajeer currently claims to have over 3,000 handymen on their platform, which it says the number for any home services platform in Middle East & North Africa.

“We have this thing called Ajeer 30x30x30. So we connect the customer with a provider within 30 seconds, deliver the service in 30 minutes, and offer 30 days of warranty for all jobs so if the customer is not happy, we will send a technician again within 30 days for free,” said Faisal Alzahrani, speaking to MENAbytes.

Ajeer that currently has these services available in two-three cities of the Kingdom including Riyadh where its headquartered plans to expand their operations to 10 cities across the Kingdom and take the number of home maintenance services to 50 with this latest investment.

“Our plan is to continue adding more services and eventually dominate the whole maintenance market in GCC,” noted Faisal.

Sharing their story on Twitter, Faisal said that they had reached out to over 50 VCs across the region and received response from three only. Eventually those three as well declined to invest. All the three founders were initially working part-time but now have a a team of 22 full-time employees working with them from its office in Riyadh.

Ajeer is a graduate of Badir, 9/10ths Accelerator and KAUST accelerator.

Earlier this year, B8ak, another Saudi home maintenance services startup had raised $2 million in seed funding.

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