BAYZAT - About the company
BAYZAT is a series C company based in Dubai (United Arab Emirates), founded in 2012 by Brian Habibi, Tarek Bayaa and Talal Bayaa. It operates as a Provider of hr administration, payroll management, employee benefits, and health insurances solutions. BAYZAT has raised $60M in funding from investors like BECO Capital, Silicon Badia and Precinct Partners. The company has 3286 active competitors, including 227 funded and 290 that have exited. Its top competitors include companies like Workday, Turtlemint and Kronos.
Company Details
Provider of hr administration, payroll management, employee benefits, and health insurances solutions. It offers solutions to automate the payroll and also provides companies to compare, buy and use their health insurance and also helps in process of health insurance claims.
- Website
- www.bayzat.com/
- Email ID
- *****@bayzat.com
- Phone Number
- +971 **********
Key Metrics
Founded Year
2012
Location
Dubai, United Arab Emirates
Stage
Series C
Total Funding
$60M in 7 rounds
Latest Funding Round
Investors
Ranked
63rd among 3286 active competitors
Employee Count
330 as on Aug 31, 2026
Investment & Acquisitions
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BAYZAT's funding and investors
BAYZAT has raised a total funding of $60M over 7 rounds. Its first funding round was on Jun 28, 2015. Its latest funding round was a Series C round on Dec 22, 2022 for $*****. 2 investors participated in its latest round. BAYZAT has 21 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of BAYZAT:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 22, 2022 | 3645748 | Series C | 6750886 | 1612141 | 9141848 | 1460677 |
Aug 11, 2022 | 2444675 | Conventional Debt | 4231155 | 2573915 | 2695357 | |
Oct 21, 2019 | 4289590 | Series B | 2407659 | 9309549 |
View details of BAYZAT's funding rounds and investors
BAYZAT's founders and board of directors
Founder? Claim ProfileThe founders of BAYZAT are Brian Habibi, Tarek Bayaa and Talal Bayaa. Talal Bayaa is the CEO of BAYZAT.
Here are the details of BAYZAT's key team members:
- Brian Habibi: Co-Founder & CMO of BAYZAT. Contact Info: 1 email address
- Tarek Bayaa: Co-Founder & CCO of BAYZAT. Contact Info: 1 email address
- Talal Bayaa: Co-Founder & CEO of BAYZAT. Contact Info: 1 email address and 1 phone number
View details of BAYZAT's Founder profiles and Board Members
BAYZAT's employee count trend
BAYZAT has 330 employees as of Aug 26. Here is BAYZAT's employee count trend over the years:
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BAYZAT's Competitors and alternates
Top competitors of BAYZAT include Workday, Turtlemint and Kronos. Here is the list of Top 10 competitors of BAYZAT, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Workday 2005, Pleasanton (United States), Public | Developer of cloud software for human resources finance and operations | $352M | 88/100 | |
2nd | Turtlemint 2015, Mumbai (India), Public | Provider of platform for comparing and purchasing insurance, loans, and funds | $220M | 82/100 | |
3rd | Kronos 1977, Lowell (United States), Acquired | Provider of HCM software solutions for enterprises | $855M | 81/100 | |
4th | Deel 2019, San Francisco (United States), Series E | Provider of human resources and international payroll compliance software tools | $986M | 79/100 | |
5th | Provider of cloud based human resource management system and payroll software. | $47.4M | 79/100 | ||
6th | Provider of business management software for human resources and finance | $369M | 78/100 | ||
7th | PeopleStrong 2005, Gurugram (India), Acquired | Provider of human capital management platform offering integrated HR solutions | $30.7M | 78/100 | |
8th | Remote 2019, Amsterdam (Netherlands), Series C | Provider of employment infrastructure for payroll compliance and contractor management | $506M | 77/100 | |
9th | Developer of human capital management software providing HR and talent solutions | $30M | 77/100 | ||
10th | Policybazaar 2008, Gurugram (India), Late Stage | Online marketplace for purchasing various types of insurance policies | - | 76/100 | |
63rd | BAYZAT 2012, Dubai (United Arab Emirates), Series C | Provider of hr administration, payroll management, employee benefits, and health insurances solutions | $60M | 59/100 |
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BAYZAT's Investments and acquisitions
BAYZAT has acquired Arya Insurance Brokerage. BAYZAT has not made any investments as of now.Reports related to BAYZAT
Here is the latest report on BAYZAT's sector:
News related to BAYZAT
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Bayzat raises $25 million Series C roundIKIGAI ENABLERS•Dec 23, 2022•DisruptAD, BAYZAT, Mubadala, Point72 Ventures and 3 others
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Bayzat receives funding support from MBRIF’s guarantee scheme to fuel expansion plansZawya•Aug 11, 2022•BAYZAT, MBRIF
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Bayzat Launches New Solution to Enable UAE Businesses to Digitalise and Streamline Performance ManagementTahawulTech.com•Mar 09, 2022•BAYZAT
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Bayzat raises $16m in Series B fundingKhaleej Times•Oct 19, 2021•BAYZAT, Point72 Ventures, Mubadala, Elm Street Ventures and 2 others
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Bayzat Platform Upgrades Enable UAE Businesses Enhance Operational Efficiencies and Elevate Employee ExperiencesTahawulTech.com•Oct 11, 2021•BAYZAT
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Telehealth company Health at Hand partners with work life platform BayzatHealth at Hand•May 12, 2020•Health at Hand, BAYZAT
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Bayzat, the Abu Dhabi-Based Tech Startup, Raises $16M in Series B FundingBusiness Wire•Oct 21, 2019•BAYZAT, Tech Invest Com, Endeavor, Greyhound Capital and 4 others
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