Rize - About the company
Rize is a series A company based in Riyadh (Saudi Arabia), founded in 2020 by Ibrahim Balilah. It operates as an App-based marketplace for searching home rentals. Rize has raised $38.1M in funding from investors like Raed Ventures, Seedra Ventures and RZM Investment.
Company Details
App-based marketplace for searching home rentals. The platform allows the tenants to find their rental space through 3D virtual tours. It also facilitates the tenants to obtain a home with payments in short or long-term contracts. Landlords can register their properties on the platform. Their app is available for both Android and iOS devices.
- Website
- rize.sa
- Email ID
- *****@rize.sa
- Phone Number
- +966 **********
Key Metrics
Founded Year
2020
Location
Riyadh, Saudi Arabia
Stage
Series A
Total Funding
$38.1M in 5 rounds
Latest Funding Round
Investors
Ranked
1st among 2 active competitors
Employee Count
97 as on Sep 30, 2026
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Rize's funding and investors
Rize has raised a total funding of $38.1M over 5 rounds. Its first funding round was on Feb 16, 2023. Its latest funding round was a Venture Debt round on Jan 19, 2025 for $*****. 1 investor participated in its latest round. Rize has 10 institutional investors.
Here is the list of recent funding rounds of Rize:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 19, 2025 | 7396018 | Venture Debt | 8510082 | 3095998 | 2060855 | 3405159 |
Jan 19, 2025 | 8196025 | Series A | 5057234 | 7893468 | 4285291 | |
Feb 07, 2024 | 8744997 | Conventional Debt | 2669116 | 9087522 | 4438712 |
View details of Rize's funding rounds and investors
Rize's founders and board of directors
Founder? Claim ProfileThe founders of Rize is Ibrahim Balilah.
Here are the details of Rize's key team members:
- Ibrahim Balilah: Co-Founder & CEO of Rize.
View details of Rize's Founder profiles and Board Members
Rize's employee count trend
Rize has 97 employees as of Sep 26. Here is Rize's employee count trend over the years:
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Rize's Competitors and alternates
Top competitors of Rize include Domuso. Here is the list of Top 10 competitors of Rize, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Rize 2020, Riyadh (Saudi Arabia), Series A | App-based marketplace for searching home rentals | $38.1M | 56/100 | |
2nd | Domuso 2014, Santa Monica (United States), Series A | Payment solutions for property managers | $5.8M | 42/100 |
Looking for more details on Rize's competitors? Click here to see the top ones
Rize's Investments and acquisitions
Rize has made no investments or acquisitions yet.
Reports related to Rize
Here is the latest report on Rize's sector:
News related to Rize
•
Vietnam's Techcoop secures $70M series A with equity and debt fundingTechNode•Feb 27, 2025•Techcoop, TNB Aura, Ascend Vietnam Ventures, BlueOrchard and 4 others
•
Watheeq Capital Announces Partial Exit of One of Its Investment Funds from RizeentARABI•Jan 20, 2025•Rize, Watheeq
•
Rize Closes Series A Investment Round of (USD 35 million) SAR 132 MillionentARABI•Jan 19, 2025•Rize, Raed Ventures, Seedra Ventures, Joa Capital and 7 others
•
Saudi’s Rize closes $2.9M in seed round. 2 other stories and a triviaThe Paradise News•Feb 07, 2024•Rize, Seedra Ventures, HALA Ventures, Joa Capital and 5 others
•
Saudi Arabia-based proptech company Rize closes pre-seed roundAIM Group•Feb 16, 2023•Rize, Seedra Ventures, MAGNiTT
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