Revent Secures $900,000 Pre-seed Funding
Revent will use the money to expand its footprint in the UAE and Saudi Arabia.
UAE-based electronics marketplace Revent has secured $900,000 in pre-seed funding round led by Techstars and a consortium of angel investors from e-commerce and SaaS industries.[1]
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Revent will use the money to expand its footprint in the UAE and Saudi Arabia.
Along with expanding the clientele in Saudi Arabia, the cash will be utilized to develop a self-service platform for enterprises where they can control their devices, settle bills, and submit help requests for AI-powered IT desk support.
Revent, a company founded in 2022 by Dhananjay Choubey and Baldeep Singh, provides pre-owned devices to SMEs in the UAE and KSA on a monthly subscription basis.