FlyAkeed

FlyAkeed

Corporate travel and expense management SaaS

Overview

FlyAkeed provides a SaaS platform for corporate travel and expense management in the GCC. It combines an online travel agency, a travel management system, and an expense tool to let employees book flights and other travel services while following company policies. The platform works by letting employees initiate bookings through the system, which enforces policy compliance, and by offering real-time expense reporting and cost center tracking for finance teams. This makes travel administration easier for both employees and managers, including handling last-minute availability. The company differentiates itself by offering an integrated B2B2C solution that covers booking, policy-driven enforcement, and expense management in one system specifically tailored for the GCC market, rather than relying on separate tools. FlyAkeed’s goal is to help GCC businesses control travel expenditures and simplify travel processes, enabling efficient spend management and scalable growth as it expands.

About FlyAkeed

Simplify's Rating
Why FlyAkeed is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

Company Size

201-500

Company Stage

Series A

Total Funding

$15.2M

Headquarters

Saudi Arabia

Founded

2015

Get referred to FlyAkeed

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • June 2026 corporate expansion efforts keep enterprise demand visibly active.
  • ZentrumHub's hotel API partnership improves inventory and booking experience across the region.
  • Sanabil and Elm backing validates FlyAkeed's sovereign-enterprise positioning and fundraising access.

What critics are saying

  • SAP Concur, Navan, TravelPerk, and Rydoo commoditize travel-expense workflows.
  • AkeedAI stayed in selective pilots through 2025, signaling weak product-market pull.
  • Heavy Saudi and PIF concentration leaves FlyAkeed vulnerable to single-country budget shocks.

What makes FlyAkeed unique

  • FlyAkeed unifies booking, policy approvals, and expense control for GCC enterprises.
  • May 2025, AkeedAI launched as an agentic assistant with selective enterprise pilots.
  • February 2026 MoUs with PIF, Cruise Saudi, and Al-Ula Club deepen distribution.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$15.2M

Meets

Industry Average

Funded Over

1 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Meet Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$15.2M
FlyAkeed
$30M
Kalshi

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

1%

2 year growth

0%
PhocusWire
Apr 18th, 2025
Phocuswire'S Weekly Travel Tech News Briefs:

Here's our roundup of the people, product and partner news from the global travel industry this week.FLYR, EnnismoreFLYR announced that Ennismore has been using FLYR Hospitality with intent to improve its commercial operations across 100 properties for the last six months. The platform provides artificial intelligence (AI)-powered forecasting, real-time analytics and a standardized tech stack to improve revenue management, sales and marketing. Ennismore has gained better visibility, improved forecasting and tailored dashboards, the companies said. FLYR’s integration with partners like STR and Lighthouse also offers a comprehensive view of market trends.“Making decisions based on the latest data is critical to our business,” said Dan Gordon, executive vice president of revenue management and business intelligence at Ennismore. “With FLYR Hospitality, we’ve unlocked the ability to democratize data with precise accuracy across our portfolio, improving forecasting and creating tailored dashboards that serve both our brand-specific and enterprise-wide needs.”ZentrumHub, FlyAkeedTravel technology provider ZentrumHub, a PhocusWire Hot 25 Travel Startup for 2025, has partnered with FlyAkeed, a Saudi Arabia-based online travel agency, to integrate its hotel application programming interface into FlyAkeed’s platform. The collaboration means to streamline hotel bookings and improve the customer experience for business travelers across Saudi Arabia and the Middle East

UAE Digital News
Apr 16th, 2025
ZentrumHub Partners with FlyAkeed to Enhance Travel Booking Experience in the Middle East

ZentrumHub partners with FlyAkeed to enhance travel booking experience in the Middle East.

Arab News
Aug 27th, 2023
Saudi travel startup FlyAkeed raises $15.2m in Series A round

FlyAkeed, a Riyadh-based travel and expense management solutions provider, has successfully raised $15.2 million in a Series A funding round co-led by Sanabil Investments, a wholly owned company by the Public Investment Fund, and Elm, a Saudi integrated digital solutions provider.

Recently Posted Jobs

Sign up to get curated job recommendations

There are no jobs for FlyAkeed right now.

Find jobs on Simplify and start your career today

We update FlyAkeed's jobs every few hours, so check again soon! Browse all jobs →