- Startup: Ads.
- Founding date: 2021.
- Country: Saudi Arabia.
- Investors: Sanabil 500 Global, Salla.
Saudi-based ads solutions startup, Sweply, has announced the raising of $2 Million in a seed round with participation from Sanabil 500 Global and Salla.
On this occasion, Wael Hassan, co-founder and CEO of Sweply, said: “We are pleased with the support of Sanabil 500 Global and Salla Company at this important stage of our journey. Their investment underscores confidence in our vision to revolutionize the ad tech sector with innovative data-driven solutions that deliver tangible results for advertisers and publishers alike.
Ibrahim Muttahar, co-founder and CPO said: “The company is looking forward to improving and developing marketing in the digital ads sector and has been able to launch ads for about 17,000 advertisers in many sectors in MENA markets”.
Founded in 2021, Sweply develops AI and machine learning algorithms to improve ads localization and enhance advertisers’ results. The company previously signed a partnership with Salla last March. The investment will be used to expand its team and accelerate product development.