Wamda, the Middle East region's leading startup ecosystem enabler, has participated in Ureed.com’s seed funding round along with Anova Investments and Nour Al Hassan.
Founded by Nour Al Hassan in 2017, Ureed.com is an online marketplace where employers & freelance experts connect quickly and effortlessly. The platform helps employers tap into a global network of vetted freelancers from all professional backgrounds that can be hired on demand.
The investment will be used to fuel the company’s expansion across multiple markets and its new hires in technology, growth, and business development departments. Part of its growth strategy also includes its acquisition of Nabbesh’s business operations.
Nabbesh, founded in 2012, is a freelance marketplace that provides tech solutions for freelancers to work remotely or on-site with employers. Nabbesh’s assets, including both freelancers and contracts, will be automatically integrated into Ureed.com’s brand and will operate under its name. All Nabbesh freelancers will be pre-vetted before they can join Ureed.com and start working with active employers on the marketplace. This acquisition will help accelerate Ureed.com’s expansion plans across new verticals and into new markets in the GCC and North Africa.
“This is a very exciting time for Ureed.com. As we’re dealing with Covid-19 and working post the crisis, we are learning so many lessons, notably that there’s no better time than now for freelance work to become easier, better and more accessible in the region and beyond,” said Marwan Abdelaziz, CEO at Ureed.com.
“In this time of exponential change, people of skills want a platform to enable them to utilise their talent and find avenues to become innovative and productive in times of uncertainty...and that’s where we see Ureed.com interfering to help them out” added Rakan Al Hassan, COO at Ureed.com.