ORO raises pre-Seed investment from Nama Ventures
- Riyadh-based B2B auto repair maintenance startup ORO has raised an undisclosed pre-Seed funding round from Nama Ventures.
- Founded by Abdullah Almuribh, Qutaibah Essa and Ziad Almotlaq, ORO offers on-demand auto repair and maintenance services via its team of local mechanics. It offers a wide range of services such as heavy equipment oil change and engine inspection.
ORO, a Saudi based tech startup in the automotive maintenance space announces that it has raised an undisclosed amount in a pre-seed funding round by Nama Ventures.
Automobiles are machines, and like all machines, they need routine maintenance. As a vehicle owner, you are responsible for ensuring it gets the attention it needs to remain in perfect working condition. Oil change, and filter change are a few things that need constant attention, but usually, people don't have the time or the energy to handle it. ORO is here to help. ORO provides routine automobile maintenance to customers no matter where you are in Riyadh. Our automobile maintenance experts come equipped with the best tools, car supplies, and mobile vans to serve you whenever you need us. We also have a user-friendly app where you can schedule routine maintenance of your automobile.
ORO was founded by Abdullah Almuribh, Eng. Ziad Almotlaq, and Qutaibah Essa for businesses residing in the city of Riyadh. ORO has well-equipped mobile vans, skilled technicians, and a powerful app available on IOS and Android for scheduling routine maintenance online. As a gamechanger in the automobile maintenance industry, The company prides itself on leveraging innovative methods to swiftly and efficiently meet its business customer’s needs. ORO always strives to provide excellent service every time because their customer's satisfaction is their top priority.
”Fortunately, I am armed with an enthusiastic team to make ORO the most trusted automobile maintenance service provider in Saudi Arabia by providing quality services that meet customers' needs efficiently and effectively” says Abdullah. “ I’ve been wanting to address this problem for a long time now, but now that we have the right team members, each focused on their area of expertise, we have a great shot at succeeding at ORO”
“When we met with Abdullah and Ziyad, we were really taken aback by how much detail they know about the space they are solving for, after all Abdullah’s family business was in the same space ORO is trying to disrupt, and when he joined hands with Ziyad in operations and Qutaibah in tech, we saw the ideal team that can disrupt the car maintenance space, starting with one oil change at a time” Said Mohammed Alzubi, founder and managing partner at Nama Ventures. “ The pain of having your car serviced for a routine oil change is something I live with on a regular basis, is the oil being used genuine? Are the filters of the right quality? Will I have time after work to go change the oil? etc.. These are the questions that ORO addresses, they come straight to your place of business and service your oil change in a very seamless manner. We are beyond thrilled to back this amazing Saudi tech startup.
ORO is an automobile maintenance company for businesses residing in Riyadh. We have well-equipped mobile vans, skilled technicians, and a powerful app available on IOS and Android for scheduling routine maintenance online.
Nama Ventures: is an early stage venture capital fund focused on fuling tech innovation in MENA. We pride ourself on being technology founders funding technology founder. We believe our technical knowledge, entrepreneurial journey, and our investment track record is a testament to the value add we bring to seed stage technology investing. We look forward to partnering with amazing MENA startups on their next tech entrepreneurial journey.