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SaaS Β· Founded 2020

Penny AI

πŸ‡ΈπŸ‡¦ Riyadhpenny.co

B2B procurement and source-to-pay platform with a construction-focused marketplace.

Founders
Iyad Aldalooj, Majid Aldalooj, Mohamad Ibrahim, Hemadri Seelamsetty
Total known funding
$6.3M
Rounds
3
Investors
11

Funding timeline

$1.4M
Seed
Sep 2020
$5.0M
Seed
Jan 2022
Undisclosed
Other
Apr 2024

Funding history

Saudi investors

International investors