KSA-Based Garage Raises $260K in First Funding Round

KSA-Based Garage Raises 0K in First Funding Round

Garage, a soon to be launched startup in the field of express vehicle service and headquartered in Khobar, Saudi Arabia, has announced the closure of its first investment round, in which it raised approximately 1M Saudi Riyals ($260K) from angel investors. The capital will contribute to the completion of building the company’s platform and operating the ground operations.

Garage aspires to digitize the vehicle service sector in line with the 2030 Saudi Vision to contribute to digital transformation and help to create job opportunities for graduates of the professional and technical sectors. It also aims to facilitate and develop express vehicle service by integrating it into an advanced and easy-to-use application that enables vehicle owners to ensure the quality of service provided and schedule it in a timely manner to them through certified garage partners.

Garage plans to launch its services in Dammam, Dhahran, and Khobar and will expand the scope of its operations to include the rest of the Kingdom’s regions during 2021.

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