Revie, the tech-enabled platform revolutionising home and commercial renovation in Saudi Arabia, is proud to announce the successful closure of a $2.5 million seed funding round led by Sanabil Venture Studio by Stryber.
This investment marks a significant milestone for Revie, enabling the company to accelerate its mission of delivering an innovative, end-to-end renovation solution for homeowners, investors, and businesses. The funding will be allocated toward scaling operations, enhancing technology, and improving customer experience.
Revie’s platform simplifies the traditionally complex renovation process by offering customers a seamless experience from design and planning to execution through a curated network of contractors and designers.
“This investment underscores the confidence in Revie’s vision to redefine the renovation industry,” said Ibrahim Abu Khadra, founder and CEO of Revie. “With Sanabil Venture Studio’s support, we are positioned to scale rapidly while maintaining our commitment to delivering quality, efficiency, and transparency to our customers.”
“Revie is setting a new standard in the renovation industry by tackling complexities with innovative, tech-driven solutions. At Sanabil Venture Studio, we are excited to support their journey to revolutionise this space and contribute to the development of a more efficient and customer-focused market in the Kingdom,” said Rayan Aebi, CEO of Sanabil Venture Studio by Stryber and Chairman of the Board of Revie.
Revie’s innovative approach addresses key pain points in the renovation market, including cost uncertainties, delays, and quality control challenges. With the newly secured funding, the company plans to:
- Invest in technology to streamline processes and enhance the customer experience.
- Build a scalable foundation to support long-term growth.
Sanabil Venture Studio’s investment is a testament to their commitment to fostering innovative startups in Saudi Arabia. This partnership aligns with Vision 2030’s goal of promoting entrepreneurship and technology-driven solutions in the region.