Tech Company Financing Transactions
Mnzil Funding Round
On 11/28/2025, Mnzil raised $11.7 million in Series A financing from Founders Fund and COTU Ventures.
Transaction Overview
Company Name
Announced On
11/28/2025
Transaction Type
Venture Equity
Amount
$11,700,000
Round
Series A
Investors
Founders Fund (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand operations including the development of a 22,000-sqm site to build six new workforce-housing buildings, in partnership with local landowners.
Company Information
Company Status
Private & Independent
Industry
Real Estate
Mailing Address
Saud Ibn Faisal Street, Building Number 775
Riyadh, 13515
Saudi Arabia
Riyadh, 13515
Saudi Arabia
Phone
Website
Email Address
Not Recorded
Overview
Mnzil is the leading co-living and transportation platform for blue-collar workers in Saudi Arabia, offering tech-powered, affordable, and dignified housing options at scale. Through our hybrid model -- subleasing, building, and a C2B marketplace -- we help companies house and move their workers without operational headaches, while unlocking income for landlords and real estate owners.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Abdulmajeed Al-Babtain
Founder
Abdulrahman Al-Shaya
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Our team works diligently to report on every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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