Matic Receives Venture Capital Funding from Middle East Venture Partners

maticMatic, a Dubai, UAE-based online marketplace for cleaning services, received an investment from venture capital firm Middle East Venture Partners (MEVP).

The amount of the deal was not disclosed.

The company intends to use the funds to continue its regional expansion.

Led by Mohamed Samad, CEO, Matic gives consumers access to multiple cleaning service providers with the benefits of various payment methods, scheduling tools, and reporting on service quality to maintain high standards across the platform.
Founded in 2015, the company currently operates in the UAE, Qatar, and KSA holding a network of more than 2,000 cleaners and 250 drivers operating on its platform.
To date, Matic has fulfilled over one million housekeeping hours to over 200,000 homes.

FinSMEs

26/10/2016

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