Ibtikar Fund backs Nabeeh with undisclosed investment
Founded in Palestine in 2021 by Saber Samara and Fawaz Samara, Nabeeh is an online platform that allows users to book housekeeping, cleaning services, maintenance, repairs, and renovation services.
With this funding round, Nabeeh aims to double its user base, expand its B2B client portfolio, and introduce new features to its platform.
Press release:
Ibtikar Fund is excited to announce its investment in Nabeeh, a game-changing PropTech startup revolutionising maintenance and cleaning services for property owners, real estate operators, and multi-branch businesses through cutting-edge technology and on-demand innovation. This investment underscores Ibtikar Fund's strategy of supporting innovative and scalable startups that address real market needs and deliver strong returns.
'Nabeeh's impressive growth trajectory and its ability to penetrate key markets like Saudi Arabia reflect its potential to become a dominant player in the maintenance and facility management space,' said Reem Qawasmi, venture partner at Ibtikar Fund. 'We are confident that our investment will help Nabeeh achieve its ambitious goals and deliver significant value to customers and investors alike.'
'Property owners and businesses often struggle with unreliable maintenance and cleaning providers and a lack of transparency. Nabeeh bridges this gap by offering seamless, tech-enabled solutions that prioritise quality, speed, and trust,' said Fawaz Samara, Co-Founder and CEO of Nabeeh. 'As we continue to grow and expand in the Saudi market, this phase enables us to cater to the unique needs of real estate rental platforms, property operators, and multi-branch businesses. Our commitment remains focused on enhancing our platform, delivering innovative on-demand solutions, and providing top-quality services that align with the dynamic demands of our clients.'
Nabeeh: Leading the Future of Maintenance ServicesNabeeh is a cutting-edge PropTech platform revolutionising maintenance and cleaning services for property owners, real estate operators, home appliance companies, and multi-branch businesses. By leveraging innovative technology, Nabeeh simplifies maintenance management, ensuring efficiency, quality, and customer satisfaction.
Key Offerings:
For Real Estate Operators: Streamlined maintenance management with preventive and reactive solutions, analytics, and real-time reporting.
For Multi-Branch Businesses: Centralised management of maintenance requests across branches with scalable and flexible solutions.
For Home Appliance Companies: Efficient handling of warranty-related maintenance and repairs for end customers.
For Service Providers: A dedicated app to manage bookings, communication, and payments with ease.
Nabeeh: Proven Success and Market Leadership
Nabeeh was founded by Fawaz Samara (CEO) and Saber Samara (COO), both seasoned professionals with extensive experience in facility management and real estate operations. Together, they have built a platform that combines advanced technology with deep industry expertise, offering innovative solutions that meet the needs of property owners, businesses, and service providers alike.
Since its launch in 2021, Nabeeh has maintained 300% year-on-year growth in user base and a 95% client satisfaction rate. The company now operates in six major cities across Saudi Arabia, with over 20,000 app downloads by property owners, dozens of B2B clients, and partnerships with hundreds of service providers.
With this funding round, Nabeeh aims to double its user base, expand its B2B client portfolio, and introduce new features to its platform, including predictive maintenance capabilities. These advancements are set to solidify Nabeeh's position as a leader in the PropTech sector and a driving force in the transformation of the region's booming real estate sector.
This milestone marks a crucial step in Nabeeh's mission to redefine maintenance and facility management, focusing on delivering unmatched quality, efficiency, and innovation to its clients and partners.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Jordan News
a day ago
- Jordan News
Hazelnut prices soar after frost hits major producer Türkiye
اضافة اعلان Wholesale hazelnut prices in Türkiye have surged this harvest season due to frost damage, the world's leading producer, where the crop yields are expected to shrink this April, a cold snap, unseen in years, affected a variety of domestically produced crops, pushing hazelnut prices higher even before the harvest Minister Ibrahim Yumaklı called it one of the worst agricultural frosts in the country's history. Experts have attributed it to climate change, which they claim is increasing the frequency of extreme weather events, as the underlying to the Amsterdam-based commodity data platform Vesper BV, a metric ton of Turkish hazelnuts now costs around 9,400 euros ($10,900), an increase of roughly 34% since the start of the year, Vesper told Deutche Presse-Agentur (dpa). Daily Sabah
Wamda
a day ago
- Wamda
UAE's Coraly.ai raises $2 million pre-seed to accelerate Saudi expansion
UAE-based proptech (formerly Coralytics) has raised $2 million in a pre-seed round led by Salica Oryx Fund, with participation from EQ2 Ventures and other angel investors. Founded in 2022 by Fouad Bekkar, offers an AI-powered growth platform for real estate professionals, providing lead enrichment, automated campaigns, and performance insights to help agents acquire more customers. the funding will accelerate product development, expand AI capabilities, and support commercial rollout in Saudi Arabia, pilot programmes in France and the United States, and strengthen presence in the UAE. Press release: (formerly Coralytics), the proptech company transforming how real estate professionals generate and convert leads across the MENA region and beyond, today announced the closing of a $2 million pre-seed funding round. The round was led by Salica Oryx Fund, a MENA-focused early-stage investment vehicle based in Abu Dhabi Global Market (ADGM) and managed by Salica Investments, with participation from EQ2 Ventures as well as a group of strategic angel investors. 'Real estate agents globally are underserved by fragmented, outdated sales tools. Through our mission is to simplify growth with AI that just works,' said Fouad Bekkar, Founder and CEO of 'This funding gives us the firepower to further accelerate product innovation and expand into key growth markets. Our vision is to make high-impact technology radically accessible for agents everywhere, starting with the GCC and expanding globally.' The investment will be used to accelerate product development, including expanding the engineering team and deepening its AI capabilities. will also consolidate its market leadership in the UAE, establish operations in Saudi Arabia, and initiate pilot programmes in France and the United States to explore early market opportunities. Further, the funding will support the buildout of commercial infrastructure and go-to-market capacities to drive long-term growth. 'Salica Oryx Fund is delighted to be an early supporter and investor in It represents a significant advancement in real estate marketing technology, offering an AI-powered platform that fundamentally transforms how properties are marketed and presented online,' said Ivo Detelinov, General Partner of Salica Oryx Fund. Patrick Thiriet, CEO of EQ2 Ventures, added, 'AI is about to leapfrog productivity across many industries where professionals still use ill-adapted legacy software products to run their business. The property market is one of those verticals, with real estate agents spending too much time on non-productive tasks. Fouad and the team combine their deep knowledge of evolving AI capabilities with a strong understanding of those challenges, and we at EQ2 are looking forward to helping them crack what is a global opportunity.' expansion strategy is anchored by strong regional momentum and new market entry points. The recent rebrand from Coralytics to reflects this broader global vision and reinforces the company's position as a modern, AI-first platform designed to simplify growth for real estate professionals worldwide. In the GCC, the company has already reinforced its leadership in the UAE and will launch Saudi Arabian operations later this year. In Europe, recently signed a go-to-market partnership with SNPI, France's largest professional real estate union, representing over 14,800 agencies. In North America, has secured its first MLS partner in the United States, with initial pilots scheduled to commence in the coming months.
Al Bawaba
a day ago
- Al Bawaba
Intersec Saudi Arabia to be held under the patronage of HRH Prince Abdulaziz bin Saud bin Naif bin Abdulaziz Al Saud, Minister of Interior and in association with the General Directorate of Civil Defense
Intersec Saudi Arabia, the Kingdom's premier platform for security, safety and fire protection industries, will be held under the patronage of His Royal Highness Prince Abdulaziz bin Saud bin Naif bin Abdulaziz Al Saud, Minister of Interior, and in association with the General Directorate of Civil Defense. Organised by 1st Arabia and licensed by Messe Frankfurt, Intersec Saudi Arabia will return to the Riyadh International Convention and Exhibition Centre (RICEC) from 29 September to 1 October. This year marks the largest edition of the event to date, showcasing over 370 exhibitors, with more than 27,000 visitors expected to specifically on the needs of the Saudi market, Intersec Saudi Arabia brings together global innovators, government leaders and industry pioneers to strengthen national resilience, enabling future growth and Al Barmawi, CEO and Founder of 1st Arabia Trade Shows & Conferences, said: 'Now in its seventh edition, Intersec Saudi Arabia provides a vital platform for giga project leaders, critical infrastructure buyers and private sector decision makers to meet, build trusted partnerships and drive progress across the safety, security and fire protection industries.'Intersec Saudi now also features CPD-certified content highly anticipated Future Security Summit, Powered by ASIS International Dhahran Chapter, returns, bringing together global experts as they explore the critical trends shaping the future of public safety and national in partnership with ASIS International Dhahran Chapter, the summit will cover a variety of topics, from AI-driven surveillance and predictive policing to mega-event protection and critical infrastructure security. The summit will also offer in-depth insights into the challenges and solutions shaping the future of the security landscape in the Kingdom and S. Alshemaly, Chairman of ASIS International Dhahran Chapter, said: 'As national development in Saudi Arabia accelerates, public and private sectors are scaling up their investments in advanced surveillance, cyber defence, and critical infrastructure protection. The Future Security Summit at Intersec Saudi Arabia offers a timely platform to explore the technologies, partnerships and policies reshaping the regional security industry.'Also returning is the Fire Protection and Technology Summit, which will explore the future of fire and emergency response with international leaders at the forefront of smart city firefighting to high-rise rescue, HAZMAT response, and regional disaster collaboration, this summit equips fire safety professionals to tackle the unique challenges of Saudi Arabia's evolving urban environments. Key themes discussed at the summit include Talent Investment: Building Human Capital in Fire Protection and Safety at Scale: Safeguarding GIGA developments during large-scale events in the Sedik, Exhibition Director, Intersec Saudi Arabia, Messe Frankfurt Middle East, said: 'With giga-projects such as NEOM, Red Sea Global, North Pole Riyadh and Qiddiya, Intersec Saudi Arabia offers access to one of the world's fastest-growing markets.'During the event, exhibitors have the opportunity to engage with over 27,000 buyers looking for solutions that address key fire, safety and security challenges while our content theatres deliver the latest market insights and best practices.' Intersec Saudi Arabia is organised by 1st Arabia, licensed by Messe Frankfurt.
