INVE raises $300,000 from Outliers VC to scale eventtech platform across GCC
Saudi Arabia-based eventtech startup INVE has raised $300,000 in a Pre-Seed funding round from Outliers VC, which previously served as the company's first paid business design partner. Founded in 2024 by Abdulrahman Alabdulkarim, INVE operates a digital event management platform for individuals and businesses, offering personalised invitations, RSVP management, guest profiles, branded…
Saudi eventtech startup INVE has secured $300,000 in pre-seed funding from venture capital firm Outliers VC to expand its digital event management platform across the Gulf Cooperation Council (GCC) region. Founded in 2024 by 23-year-old Abdulrahman Alabdulkarim, INVE offers a user-friendly platform for individuals and businesses, enabling them to manage invitations, RSVPs, guest profiles, and branded event pages.
The company's consumer platform has successfully supported over 250 events in more than 60 cities and towns across Saudi Arabia and the GCC, sending more than 35,000 invitations with an impressive 88% RSVP response rate. INVE's business platform, launched in August 2026, is targeted at companies that view events as integral to their brand, encompassing technology firms, venture capital entities, and financial services businesses.
With the newly acquired funding, INVE plans to bolster its team, enhance its brand presence, and bolster customer acquisition as it works towards scaling its platforms across Saudi Arabia, the GCC, and subsequently extending into North Africa, other African markets, and Europe.
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