FanZ Raises $1.5 Million in Pre-Seed Investment Round
In the 15 months since its launch, FanZ has managed to gain 2 million users.
Saudi-based football fan engagement app FanZ announced the closing of a pre-seed investment round amounting to SAR 5.6 million ($1.49 million), with the participation of a group of Saudi national team stars, including Salem Al-Dosari and Firas Al-Braikan, along with 500 Global and Le Augure, in addition to several angel investors.[1]
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Established in 2022 by Khaled Al-Khudair and Amer Al-Amer, FanZ provides interactive experiences for users related to local and international football leagues through predictions and fantasy competitions, and it also works on the feature of investing in player cards. In addition to providing the dates and results of matches and tournaments, their events, and statistics related to them.
In the 15 months since its launch, FanZ has managed to gain 2 million users.
