- Saudi Arabia-based productivity platform DataLexing, has raised $3 million in a Seed round led by Sadu Capital, with participation from Impact46 and other, unnamed investors.
- Founded in 2018 by Rayan Alfaheid and Abdulelah Alganas, DataLexing helps organisations and individuals acquire data without relying on technical personnel, by bringing insights, apps, notifications, forms, and sheets together in one place.
- The funding will be used to expand its GCC-wide operations and leverage DataLexing’s development.
The advanced All-in-One Data-Driven Productivity Platform DataLexing has raised $3 million in a Seed Round led by Sadu Capital, with participation from Impact46 and other investors. The objective of the funding is to expand its GCC-wide operations and extend the Research & Development of DataLexing.
Founded in 2018 by Rayan Alfaheid and Dr Abdulelah Alganas, DataLexing is an All-in-One Data-Driven productivity platform that brings Insights, Apps, Notifications, Forms, and Sheets together in one place. DataLexing platform helps organizations and individuals get the right data at the right time without relying on technical personnel.
To simplify getting the right data at the right time, the users start from prebuilt productivity templates and correlate them with current business apps to have a single source of truth. As a result, more than 1,000 questions get asked per day using the DataLexing platform without needing a data expert. In addition, opening a dialogue with your data provides an unparalleled experience, unlike waiting weeks to get the answers from the data analyst.
Salem Washeely, Managing Director at Sadu Capital, commented on the investment: "The link between data and centralized reporting usually goes through different applications, platforms, data engineers, and multiple integrations. That wastes business users' time and effort to produce a report on time and even with questionable accuracy. However, DataLexing managed to bridge the gap that clients locally and globally require to cut through this hustle. We are proud to invest in this incredible team geared to solve this massive global pain."
Rayan Alfaheid, the CEO & Co-Founder of DataLexing, commented, "At DataLexing, our mission is to empower everyone to get the right data at the right time by themself. I'm very proud to see our platform positively impacting 10 countries and more than 50 organizations, varying from startups to government agencies, at an early stage in DataLexing life."
Dr Abdulelah Alganas, the CTO & Co-Founder of DataLexing, commented, "Being a Startup brought us closer to our clients, where we walked miles in their shoes. That infused customer-centricity into the fabric of DataLexing. A customer-centric approach is the cornerstone of our development framework where the user is at the heart of technology."