Ogram Secures Funding to Expand in Saudi Arabia
The round was led by Oraseya Capital, the venture capital arm of Dubai Integrated Economic Zones Authority (DIEZ).
UAE-based HRtech Ogram Ogram has closed its latest funding round to support its expansion into Saudi Arabia. The round was led by Oraseya Capital, the venture capital arm of Dubai Integrated Economic Zones Authority (DIEZ). This is Oraseya's second investment in Ogram. Other investors include Aditum Investment Management and Everywhere VC.
Ogram has provided three million flexible work hours to its community, with fulfillment rates in the UAE and Greece exceeding 90%.
Ogram's hiring model helps businesses in various industries save costs, especially in sectors with cyclical or seasonal demand, while allowing workers to control their schedules. As Ogram prepares to enter the KSA market, it projects over 150% year-on-year (YoY) growth in man-hours for 2024.
Founded in 2017 by Karim Kouatly and Shafiq Khartabil, Ogram is also preparing for its series B funding round and potential M&A activities during the fourth quarter (Q4) of 2024.