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Rizek raises USD 10 million in Series A funding

Rizek, the UAE-based super app for on-demand home services has raised a $10M Series A funding round, led by Peak Investments and ADQ, with participation from a number of family offices from the UAE and Saudi Arabia. The latest venture capital funding brings Rizek’s total financing to more than $15M.

Abu Dhabi-based Rizek, which was founded in 2019 and went live last year, connects users to service professionals from a wide range of industries. Boosting the regional gig economy, it aims to increase job opportunities for part-time workers, allowing them to earn service-based income through the platform.

A super app is an ecosystem of many apps that are either built together or bundled through third-party integrations. They usually work with freelancers and SME service providers to improve their skills and help them land more opportunities.

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