FlyAkeed

FlyAkeed is a smart travel booking tool for corporates, founded in 2017 in Saudi Arabia. The company's slogan "We simplify and personalize your business travel experience" succinctly captures their mission. FlyAkeed aims to streamline business travel management processes, solving last-minute availability issues and providing a seamless booking experience that complies with company policies, allowing employees to book in less than a minute. The platform offers transparency through real-time reports, enabling stakeholders to track expenses and aiding the accounting team in instant reconciliation and maintaining a high compliance level. The last funding round saw an investment of SAR57.00M in a Series A round on 22 August 2023, with participation from notable investors including AlRajhi Partners, Artal Capital, Elm, and Sanabil. The product efficiently addresses several pain points for businesses, including reducing time wasted by employees, increasing compliance, enhancing visibility of travel expenses, and achieving cost efficiency. Through their automation tools, FlyAkeed not only saves on travel costs but also enhances the overall employee experience and environment. This innovative approach positions FlyAkeed as a promising venture in the Enterprise Software and SaaS industries, attracting interest and investment from prominent players in the field.