Munjz, an app for home maintenance services, raises Pre-Series A funding round
Munjz, Saudi Arabia’s mobile application for home services, founded by CEO, Abdullah Aldaij, has raised a Pre-Series A funding round. The amount of this investment was not disclosed. The funding round was led by Vision Ventures, with participation from Seedstars and MRK Holding. This investment news comes almost one year after they raised a Seed round in September of 2019.
Established in Saudi Arabia in 2017, Munjz provides different kinds of home and facility services through their mobile application to provide smart, reliable, and convenient solutions for their users through skilled and pre-scanned technicians and handymen. This can include anything from air-conditioning installation to cleaning and electrical services.
Munjz is currently operating in 13 cities in Saudi Arabia and is looking to use the new funding to expand in the region, develop the team and offer broader maintenance services in the areas where it operates
“With this plan and approach, we strive to reduce the number of bulk labour and to increase the number of Saudi technicians. Munjz will train and helping them how to deal with this huge market in order to achieve a clear and attainable source of income as a freelancer", Abdullah Aldaij, CEO and Founder stated.
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The ongoing crisis has placed the Healthcare sector under a microscope unlike ever before. Learn all about the industry’s funding and investment trends in our 2019 MENA Healthcare Venture Investment Report.