Wuilt secures $535,000 funding to expand in Saudi Arabia

• Wuilt’s all-in-one Arabic SaaS platform offers a range of features to fit businesses of all sizes and across all industries and takes the hassle out of web designing and saves time
• Startup serves more than 30,000 users in Egypt and Saudi Arabia.

Dubai: A software-as-a-service website builder – Wuilt – has raised a Seed funding round of $535,000 to expand in its footprints in the Kingdom of Saudi Arabia, which comprises nearly 30 per cent of its customer base.

The investment round included the participation of DAAL VC, angel investors in MENA, and follow-on funding from Flat6Labs Cairo.

Since its launch in 2019, Wuilt has been working to provide new and existing customers and businesses across the Middle East and North Africa (MENA) region with easy-to-use and affordable options for launching and scaling their digital presence especially in the field of Arabic e-commerce.

“We came across many friends and businesses struggle to get a professional website designed to their style and design especially in Arabic. This highly motivated us as a team to bridge this gap by providing a solution and hence Wuilt was created and launched,” Ahmed Rostom, CEO and Co-Founder of Wuilt, said.  

Bridging the gap

Today, he said that Wuilt’s all-in-one Arabic platform offers a range of features to fit businesses of all sizes and across all industries and takes the hassle out of web designing and saving time.

The company currently serves more than 30,000 users in Egypt and Saudi Arabia.

With the emergence and continuous spread of the pandemic, many businesses were forced to shift their operations online in order to stay active. Some of them had to either pay huge amounts to web development agencies or had to collaborate with freelancers who may or may have not been up to the task.

 “We are delighted to have leading investors believe in our business model and provide the necessary advice and support to progress our growth potentials. We look forward to working closely with them and successfully achieve our short-term and long-term objectives,” Rostom said.

Moreover, he said that they have witnessed a spike in the number of users and have seen a continuous increase in the number of users intending to shift their operations online since the onset of Covid-19.

Sees huge market opportunities

“Our strategy is to provide the best solutions for all businesses in any sector, particularly, extending our platform to entrepreneurs, solopreneurs and small businesses,” he said.

Marie-Therese Fam, Managing Partner of Flat6Labs Cairo, said that the promising traction to date, the huge market opportunity in the MENA region, and the amazing team behind Wuilt, were true assurances for them to increase their exposure to Wuilt in their second round.

Abdulrahman Alqahtani, CEO of DAAL VC, said that Innovative startups equipped with the right team who are focused on excelling in their journey are part of the qualities we at DAAL look for in their investments.

“The market that Wuilt is serving is considered to be the future of most of our regional economies. With robust solutions and scalable technology, we believe Wuilt will become a great success story in the near future,” he said.