Syrian proptech and mobility startup AlMkhtar has closed a $100,000 seed funding round led by angel investors Rani Abu-Shaar and Abdulah Al-Shamma, alongside a group of additional angel investors. The funding will support the company's expansion across Damascus and its suburbs.
Founded in 2020 by Ayham Ksayer, AlMkhtar operates a digital marketplace connecting buyers and sellers, as well as landlords and tenants, across the real estate and automotive sectors through B2B, B2C and C2C business models.
The fresh capital will be used to enhance the platform's product, launch new features to improve the user experience, grow its customer base, and onboard more dealerships, rental companies and real estate developers.
Press release:
Syrian startup AlMkhtar, a digital marketplace specialising in real estate and automotive services, has closed a $100,000 seed funding round led by angel investors Rani Abu-Shaar and Abdulah Al-Shamma, with participation from several additional angel investors, according to Riyada+.
