The venture capital (VC) company AngelSpark, situated in the United Arab Emirates, has invested in Plain Tiger, a B2B marketplace that is changing the way the hospitality industry procures goods.
Hotels can save time and money and lessen their environmental effect by connecting with eco-friendly suppliers through Plain Tiger. Suppliers can connect with some of the top hotel chains in the Middle East, and hotels can source from over 300 suppliers at the same cost as doing business directly with Plain Tiger.
Co-founder and Director Alexandra Polson commented on the occasion, saying: “AngelSpark is a community of seasoned executives who’ve enjoyed success in their fields, and Oliver Baillie and I are excited for them to join our journey. Through the process, we’ve been so impressed by their conviction and shared vision for what we can achieve with Plain Tiger. We are delighted to give them an allocation in our $1.5 million Seed funding round that we will use to further develop our B2B marketplace technology, expand into KSA and accelerate more hotels’ pathway to net zero procurement.”
Abeer Nicola Nijmeh, AngelSpark’s internal sponsor in this investment “We’re incredibly excited to formalise this investment from the commitment we made at the AngelSpark’s Women’s Day themed startup pitch event. We’re excited by Plain Tiger’s vision to support hotels with their sustainability commitments and believe Plain Tiger has the right team and traction to deliver outsized impact and growth. We can’t wait to support them in making a real difference!”
