Bayzat raises $25 million in Series C Round led by DisruptAD

Bayzat, the regions leading employee benefits platform, has successfully closed a Series C funding round, raising $25 million. Over the past three years, the company has recorded more than 100 per cent annual growth and has grown its workforce to almost 350 employees across the UAE, Saudi Arabia and the wider region.From the pivot to hybrid work and the globalisation of the talent pool, to the influx of millennials and Gen Z professionals into the workforce, Bayzat now sees its value proposition being more relevant than ever. Furthermore, our focus on hyper-localisation sets us apart as one of the only providers in the market with an offering that is finely tuned to the regulations, requirements and nuances of the region. Funding innovative platforms helps grow the local start-up community and accelerate the pace at which companies can expand globally from the UAEs capital. Ultimately, we act as a long-term partner to the founding teams of tech driven companies and deploy capital in start-ups at all stages with the highest potential.