Challet booking platform Gathern raises SEED round

Funding 2 years ago - Sun, Dec 2, 2018, 10:00 AM

Challet booking platform Gathern raises SEED round
Author: MAGNiTT

Press Release


Gathern, one of the fastest growing companies in Saudi Arabia, has closed its seed round investment with undisclosed value by a group of international and local investors including Inspire Venture, 500 Startups American Fund , Vision VC Fund, Aquilaria Capital Management Fund and Deyarat Trading Company, with participation of Mr. Abdulla Al Rumaih, Co-Founder of Flyin, Mr. Abdulrahman Al-Janini, Fund and Investment Manager, and Mr. Nayef Al-Athel.

The application and website of Gathern for chalets booking was established in 2016 and it is considered now as one of the best applications in KSA for chalets and camps booking in terms of prices, options and ease of use. The application and the website is distinctive in allowing the booking of more than 30,000 nights in Saudi Arabia in more than 8 cities with immediate confirmation of reservation and providing more than 6 ways of payments and with 24 hours customer service.

The application and website of Gathern is the most sophisticated and the best for hundreds of thousands of chalets, resorts and camps available in KSA. The owner of these properties can easily open an account and lease directly to customers, in addition website allows direct and integrated link with all booking services and payment can be done by push-button! The application and website provide accurate measurement tools and detailed reports on the performance of each chalet. The company also provides professional photographers to photo- shoot the properties for those already registered in the application for free.

Latifa Altamimi, co-founder of Gathern, explained that the success of this intestment comes by the grace of Allah and by the excellent performance of the company and the strong growth over the past two years, which reinforced the company's position as the leading developer of chalets booking systems through the internet. This investment shall enhance the company's capabilities and expand its customer's base.

Finally, the application and Gathern's website came in the "Top 100 Arab Emerging Projects" in Arab Youth Projects market in Dubai.

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