Rizek, super-app startup, raises $10m in Series A funding

Rizek, super-app startup, raises $10m in Series A funding 

By: Abu Dhabi SME Hub
News

The platform offers a wide range of home services including cleaning, beauty, maintenance, automotive and tutoring.

Abu Dhabi-based on-demand home services startup Rizek, has raised a $10 million Series A funding round.

Founded by Abdullah Abu Sheikh and Ahmed Marzui in 2019, Rizek connects service professionals directly with customers. The platform offers a wide range of home services including cleaning, beauty, maintenance, automotive, and tutoring. The app was hailed as the world's first app to enable at-home COVID-19 vaccination bookings.

In June 2020, the company raised $3.5 million in a seed round from Abu Dhabi Investment Office (ADIO), e-tech investments, Rozana Investments, and a number of other stakeholders, becoming one of the largest-ever seed rounds raised by a regional start-up, thereby solidifying the trust of investors with its growth trajectory.

Abdallah Abu-Sheikh, CEO and co-founder of Rizek, said: “There are many service-based economies in the region, but what we’ve done differently is ensure our processes are optimized and consistently up to date. Our mission is to be the one-stop-shop for all services across the region, allowing both suppliers and consumers to maximize on their values and benefits.”

Ahmed Mazrui, co-founder of Rizek, said: “It is humbling to watch what first started as an idea on paper prosper into the revolutionary service provider it is today. Rizek is the result of boundless passion and a nurturing environment for entrepreneurs presented to us by the UAE. This round of funding consolidates the emphasis of our platform as a product with a noteworthy impact on the e-commerce and service sector, and we look forward to further expanding upon its influence and success.”

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