MMrsool operates an on-demand delivery marketplace in Saudi Arabia that connects customers with couriers. Users describe the service they need in a chat, and available couriers bid their price to fulfill the request, after which the user picks a courier to complete the job. This bid-based, chat-driven model creates a scalable, person-to-person marketplace that spreads across cities and users. The goal is to grow a large, self-regulating network that efficiently matches buyers with couriers through simple chat interactions.
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Company Size
1,001-5,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Riyadh, Saudi Arabia
Founded
2015
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Nomo Financial, a leading Saudi investment firm, has acquired a majority stake in Mrsool, a platform specializing in on-demand delivery services. This acquisition aims to bolster Nomo Financial's presence in the Saudi financial market and enhance the spread of tech and logistics services in the region. The move is a step towards listing Mrsool on the Saudi stock exchange.
NOMW Capital, a leading Saudi investment firm, has announced the acquisition of a majority stake in MRSOOL, a prominent on-demand delivery platform.
NOMU Financial Fund has acquired a strategic stake in Mrsool, reflecting investor confidence in the company's future. This acquisition is a pivotal step towards Mrsool's listing on the Saudi main financial market, enhancing its presence in the tech and logistics sector. The new board, led by Prince Nawaf bin Saad, discussed strategic directions, including AI technology expansion and the launch of "Mrsool Direct" to improve user experience and operational efficiency.
In another significant development, Bookme has signed an agreement with Mrsool, a prominent Saudi delivery platform that boasts a customer-base of over 8 million and operates in Saudi Arabia and Egypt.
Endeavor Catalyst is the rules-based, co-investment fund of Endeavor, set up to invest exclusively in Endeavor Entrepreneur-led companies and to sustain Endeavor’s long-term operations in a mission-aligned way.
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Industries
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Riyadh, Saudi Arabia
Founded
2015
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs