We Got Funded: UAE Startup Justmop Closes Series A Funding And Gets Set For Expansion
Summary
“With this round, we want to deliver a better customer experience in our current markets, focus on expanding to 10 cities across GCC, and adding different verticals to our platform beyond cleaning services,” says Ali Cagatay Ozcan, co-founder and CEO, Justmop. Finally, yet importantly, we are planning to expand the team with beautiful minds who will break limits, and come up with next generation innovation ideas, execute them to make people’s lives easier. We had to do something on our own.” Driven by the founders’ own frustrations with finding a reliable house help in the UAE, they realized that the market was not transparent about pricing, availability and quality, besides the herculean efforts that went into discovering help. The Justmop team have achieved remarkable growth over the last 1.5 years and with the latest financing round on track of having a presence in around 10 cities till end of 2018, thus cementing its leading position in the market.” On-demand businesses, both globally and in the MENA region, have a large market, which is only getting larger. According to Harvard Business Review, the on-demand economy is attracting “more than 22.4 million consumers annually and $57.6 billion in spending.” Operating in such a fiercely competitive space, Justmop counts two focus areas as its differentiators- technology and execution.