
Rekaz raises $5mln to do for Service businesses what Shopify did for e-commerce
Rekaz offers an end-to-end system for service-based businesses such as gyms, salons, and mobile providers. From scheduling and subscriptions to payments and client management, Rekaz replaces fragmented workflows and manual coordination with a streamlined, intelligent platform. Businesses can also launch their own branded booking websites and mobile apps to grow online.
Over 7,000 businesses have used Rekaz to process more than 1 million appointments and subscriptions, showing strong traction among single-location operators and growing multi-branch businesses.
'Our mission is to do for service SMBs what Shopify did for e-commerce,' said Abdulrahman Alomran, CEO and co-founder of Rekaz. 'Most service businesses are still operating through scattered tools, spreadsheets, and manual work. We're building the infrastructure they've been missing.'
Rekaz combines a purpose-built internal system with AI-powered insights and personalized onboarding flows that adapt to each business type. This approach allows merchants to get started quickly and run more efficiently, with less friction and fewer moving parts.
'Rekaz is solving a massive and overlooked problem,' said Amir Farha, General Partner at COTU Ventures. 'Service businesses are the economic backbone of the region, and they've been left behind by traditional software. Abdulrahman and Abdulaziz are building the right platform at the right time.'
'We've designed Rekaz to be flexible, intelligent, and deeply aligned with how service businesses actually work,' added Abdulaziz Alkharashi, CTO and co-founder.
'Rekaz is a game-changer for the service economy in MENA — bringing digitization, operational efficiency, and data-driven growth to thousands of businesses that have historically been left behind,' said Yousef Albabtain, Partner at Shorooq. 'We believe Rekaz has the potential to become the foundational layer for service-based SMBs across the region.'
The company will use the funding to deepen product development, enhance AI capabilities, and grow its presence across the GCC and wider markets.
About Rekaz
Rekaz is a Saudi-based software company building the all-in-one operating system for service-based businesses. Designed for industries like wellness, beauty, fitness, and home services, Rekaz enables businesses to manage bookings, payments, subscriptions, client engagement, and online storefronts through a single integrated platform. Rekaz empowers SMBs to grow both internally and externally with ease and confidence. Learn more at [rekaz.com].
About COTU Ventures
COTU Ventures is a seed-stage venture capital firm on a mission to transform the culture of venture capital in the Middle East. COTU stands for Champions Of The Underdog, and the firm prides itself on backing extraordinary founders at the loneliest, earliest stages of their journeys. With a deep belief in founder potential, COTU leads with trust, speed, and meaningful partnership. The firm typically invests from pre-seed to seed with deep focus on product-market fit, and provides strategic support in fundraising, product, and hiring. COTU only partners with companies where it can offer serious conviction and long-term value.
Learn more at [cotu.vc].
About Shorooq
Shorooq is a multi-dimensional investment firm backing the most innovative technology companies across the MENA region and beyond. Founded in 2017, the firm has built deep sectoral expertise in fintech, platforms, software, and deep tech, and has backed category leaders such as Pure Harvest, Tamara, Sarwa, Lean Technologies, TruKKer, and Mozn.
Shorooq is committed to building long-term, founder-first partnerships with a local presence across the UAE, Saudi Arabia, Egypt, and Korea. The firm believes in driving structural transformation in underserved sectors through deep collaboration and conviction.
Learn more at [shorooq.com].
Tarek Fouad
Chief Marketing Officer, Shorooq
Email: tfouad@shorooq.com
Shorooq Press: press@shorooq.com
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Channel Post MEA
22 minutes ago
- Channel Post MEA
DXC Delivers AI-powered Life Insurance Projections With Assure Illustrations Launch
DXC Technology has announced the launch of DXC Assure Illustrations, a next-generation, AI-powered SaaS solution that transforms how life insurers generate and deliver policy illustrations. Now globally available, Assure Illustrations brings a smarter, faster, and more engaging experience to life insurance projections, modernizing a critical part of the customer journey. Insurers today face growing pressure to deliver personalized, compliant policy illustrations while reducing operational costs and unlocking value from legacy infrastructure. DXC Assure Illustrations empowers insurers to meet these demands head-on, delivering fast, accurate, and customized projections across advisor, contact center, and digital self-service channels. By eliminating fragmented tools and improving accessibility, the solution enhances both agent productivity and customer satisfaction. 'At DXC, we're focused on modernizing insurance operations through AI and automation to deliver seamless, intelligent experiences,' said Ray August, President of Insurance Software and Business Process Services at DXC. 'With Assure Illustrations, we're helping insurers accelerate digital transformation and elevate customer engagement. By simplifying complex processes and enabling smarter, more personalized planning, we're setting a new standard for how the industry connects with policyholders.' Built on DXC's Assure Architecture and pre-integrated with DXC's life insurance systems Assure Illustrations is designed for speed and scalability. Key features include: AI-Enabled Policy Projections: Natural language-guided assistance helps customers model 'what-if' scenarios and solve variables such as future premiums, cash values, or benefit amounts. Frictionless Experience: A consistent, mobile-optimized interface ensures intuitive use across roles and devices. Speed to Value: Pre-built integrations with DXC's life systems eliminate costly third-party work and accelerate production time. Smarter Scenario Planning: Built-in goal-seeking tools enable quick modeling of complex financial scenarios, from adjusting premium schedules to forecasting long-term benefits. With over 40 years of industry expertise, DXC is the trusted partner of choice for 21 of the top 25 insurers. As the leading provider of core insurance systems, DXC continues to innovate—helping insurers reduce complexity and costs across more than 1 billion policies processed on DXC software. To learn more, visit website.


Zawya
22 minutes ago
- Zawya
Aliph appoints Hanadi Al Ali as Managing Director
Riyadh, KSA: Aliph Group ('Aliph'), a leading GCC private equity player announces the appointment of Hanadi Al Ali as Managing Director. Hanadi brings over 25 years of experience in investments, wealth management, and financial services and will lead Aliph's business development efforts in the Kingdom. Prior to joining Aliph, Hanadi was Vice President of Placement and Advisory at Malaz Capital, a Riyadh-headquartered independent investment management company. Earlier in her career, she held roles at international asset manager, Arcapita, and at financial services company Al Rajhi Capital. Aliph has previously welcomed investments from leading KSA asset managers such as Jada Fund of Funds (a PIF company) and Saudi Venture Capital. Hanadi's arrival, and the opening of the Group's affiliate office in Riyadh, reiterates Aliph's commitment to the Kingdom, driving growth by investing in businesses and generating value through active management. Huda Al-Lawati, Founder and CEO of Aliph, commented: 'We are delighted to welcome Hanadi to Aliph. Her experience and knowledge of Saudi Arabia's fast-growing business environment will be invaluable to Aliph.' Hanadi Al Ali said: 'I am truly honoured to join this outstanding fund manager. Aliph is highly distinguished by its reputation, unique and dynamic business model, global outlook, deep regional presence, and unwavering commitment to excellence. 'This is an exciting new chapter in my professional journey, and I am proud to become part of a team that not only drives strategic growth but also prioritises integrity, innovation, and long-term value creation. 'I look forward to contributing to Aliph's mission and to working closely with colleagues, clients, and partners to fulfil the expectations of all stakeholders.' Hanadi's appointment follows a period of growth and operational expansion for Aliph. Aliph appointed private capital veteran Gaurav Wadhwa as Managing Director in late-2024, and closed a 25% acquisition of GCC lifestyle product supplier, SANIPEX GROUP, in November 2024. Further information Thoburns Ben Rothschild aliph@ +44 7564 584 439


Zawya
22 minutes ago
- Zawya
UAE: Apex Investment records higher profits at $19.48mln in H1-25
Abu Dhabi – Apex Investment Company logged net profits after tax amounting to AED 71.59 million in the first half (H1) of 2025, compared to AED 23.01 million in H1-24. The ADX-listed firm posted revenues worth AED 399.86 million as of 30 June 2025, an annual plunge from AED 425.23 million, according to the financial results. Basic earnings per share (EPS) grew to AED 0.020 in H1-25 from AED 0.006 during the same period in 2024. Financials for Q2 In the second quarter (Q2) of 2025, the company's net profits hiked to AED 97.19 million from AED 18.74 million a year earlier, while the revenues shrank to AED 203.45 million from AED 229.91 million. The basic EPS stood at AED 0.027 in the three-month period that ended on 30 June 2025, up from AED 0.005 in Q2-24. As of 31 March 2025, Apex Investment turned to net losses valued at AED 25.59 million, against net profits worth AED 4.27 million in Q1-24. All Rights Reserved - Mubasher Info © 2005 - 2025 Provided by SyndiGate Media Inc. (