UAE-based traveltech Seeru closed an undisclosed pre-seed funding round led by US-based Nabtah Ventures, according to a company statement. Although no exact figure was disclosed, “the amount falls within the typical range for pre-seed rounds, typically in the six-figure range,” co-founder and CEO Abd Elmohaimen Mansi told Enterprise UAE.
Where the money is going:Seeru plans to use the funding to improve its product development and technology, as well as support recruitment efforts, marketing initiatives, global expansion plans, Mansi said.
Global expansion strategy: “Our strategy for expanding our global presence revolves around two key products aimed at different segments,” Mansi told us. “Firstly, our B2C product targets any traveler in the MENA region and beyond, providing them with a straightforward flight booking process. Secondly, our B2B product is geared towards companies and travel agencies in the region, offering direct access to extensive flight content for their employees and senior management,” he added.
Future expansion initiatives include introducing a specialized Umrah platform in 3Q 2024 and unveiling a distinctive travel marketplace catering to explorers in 4Q 2024.
About Seeru: Co-founded by Mansi and Abdullah Mancy, Dubai-based Seeru seeks to streamline travel planning. With a diverse team spanning four countries, the company serves various sectors including individual travelers, organizations, travel agencies, and meta-search companies.