Revie raised $2.5 M Seed funding from Sanabil Venture Studio
Stryber, the tech-enabled platform Revie, is pleased to announce the successful completion of a $2.5 million seed funding round led by Sanabil Venture Studio. Revie is revolutionizing home and commercial renovation in Saudi Arabia.
Revie has reached a major milestone with this investment, which will help the company further its goal of providing businesses, investors, and homeowners with an innovative end-to-end renovation solution. The money will go toward increasing customer satisfaction, developing technology, and expanding operations.
Through a carefully selected network of designers and contractors, Revie’s platform offers clients a smooth experience from design and planning to execution, streamlining the typically difficult renovation process.
“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.
Key issues in the renovation market, such as uncertainty about costs, delays, and difficulties with quality control, are addressed by Revie’s creative strategy. The business intends to do the following with the recently obtained funding:
Invest in technology to improve customer satisfaction and expedite procedures.
Construct a scalable base to facilitate sustained expansion.
The investment from Sanabil Venture Studio demonstrates their dedication to supporting creative startups in Saudi Arabia. This collaboration is in line with Vision 2030’s objective of encouraging technology-driven solutions and entrepreneurship in the area.