The Middle East’s 50 Most-Funded Startups
Investors: Vostok, Beco Capital, MSA, Autotech, Blustone, Endeavor Catalyst, Oman Tech Fund, Arzan VC, Sawari Ventures , Michael Lahyani, DiGAME, Silicon Badia, Raed Ventures, Dash Ventures, Esther Dyson, Emilian Popa, Onsi sawaris and africa legal network
Digital provider of insurance and HR solutions
Bayzat provides automated human resource services for businesses, including payroll, employee benefits, and insurance benefits. In October 2019, it announced a Series B funding round of $16 million led by Point72 Ventures and Mubadala. The company has raised a total of $31 million to date, with plans to invest the proceeds into technology and customer experience. Last year, the company released additional features including free payroll processing, EarlyPay, Attendance, and Doctor Bookings.