Tech Company Financing Transactions
Metafare Funding Round
Metafare, based in Riyadh, secured $1 million from Harmonic and private investors.
Transaction Overview
Company Name
Announced On
5/11/2026
Transaction Type
Venture Equity
Amount
$1,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to support its expansion across Saudi Arabia, development of its AI-driven personalisation technologies, and growth of its health content library, with plans to gradually enter wider Gulf markets.
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
3213 Takhassusi Branch Road, Al Mohammadiyyah, 7993
Riyadh, 12364
Saudi Arabia
Riyadh, 12364
Saudi Arabia
Phone
Website
Email Address
Overview
Our Mission: To help people move toward the outcomes they want for their health and wellness. Wherever someone begins, and whatever goal they pursue, Metafare supports the journey through experiences that are personalized, convenient, and engaging. By reducing friction and creating environments people want to return to, we help transform goals into sustainable routines.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Ibrahim Almaghlouth
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