Amman, Jordan-based mobile CRM platform Repzo on Tuesday raised $750K in a Series A round led by Jabbar Internet Group in which Arzan VC, Adam Tech Ventures, Shorooq Partners with a few angel investors.
As reported by Magnitt, The startup is currently operational in seven countries and planning to deploy the recent funding to expand into the MENA market and opening offices in KSA, UAE and Egypt. And also enhance its platform’s live tracking features, AI capabilities and Image Recognition technologies. As quoted by Hassan Atmeh, the CEO of Repzo
“It took a great effort from the team to achieve this milestone and we are working to grow Repzo into the “Salesforce” of the Middle East”
Founded in 2017 by Jordan-based entrepreneurs Hassan Atmeh, Moutaz Atmeh and Ayman Atmeh. The idea of building an advanced CRM triggered Hassan while he was trying to solve the problems of his family business which was specialized in manufacturing and distributing cosmetic products. The platform is adopted by companies working in FMCG and Pharmaceutical sectors and available for iOS and Android devices enabling employers to track activities of their employees and monitor their performance.
The platform also comes loaded with a number of other features such as notes taking, photo capture and filling predefined forms and sending purchase orders.
Other statements enclosing the funding round
“Repzo has shown excellent growth since inception and is clearly poised to become the leading provider of Mobile CRMs in the region. We are looking forward to working with our new investment partners to help the team at Repzo fulfill its vision”
– Hussam Khoury, President, Jabbar Internet Group
“We invest in mission-driven teams that demonstrate strong founder-market fit, as well as the complementary skills that will enable them to go the distance and carry the burden. We are all about people and Repzo ticks all the boxes. We are excited to start helping in their growth and expansion across MENA.”
– Laith Zreiqat, partner at Arzan
“It is such an exciting moment for us to invest in another software company, as “software as a business” model is finally starting to pick-up in the region. Shorooq has no doubt that this is the next big wave after platform, delivery, fintech sectors to lead the Middle East. We are joining this journey to help Repzo become the leading software for field force management and will scale it globally. Most software out there are built for white collar & desk folks while most employees don’t work behind their desks. We would like to solve for this arbitrage with Repzo, who already has hundreds of loyal blue-chip customers with 95% retention rate”
– Shane Shin, Founding Managing Partner, Shorooq VC.
ⓘ Image Source: Magnitt