Gathern raises SAR 270 mn in series b ro...
Summary
Gathern raised SAR 270 million in a Series B round led by Sanabil Investments, with participation from several other investors. The Saudi alternative hospitality platform says the deal values it at more than SAR 1 billion as it prepares for a future listing. The company has built a large user base and a sizable network of hospitality units across Saudi Arabia. It plans to use the new capital to expand regionally, strengthen its technology stack with AI-driven capabilities, improve the user experience, and grow its host network.
Funding
Amount
$72.0M
Total raised
Date
August 20, 2025
Announcement date
Investors
Nuwa Capital, Public Investment Fund, STV Capital, Pinnacle Capital, Endeavor
Lead investors
Company
gathern.com
Funded company
Classifications
industries
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applications
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AskAI Classifications
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