DUBAI: Dubai-based startup Seez has secured $5 million in its latest funding round.
Founded in 2016, the automotive startup offers a platform for car listings, as well as artificial intelligence and data tools for car buyers.
Using it's platform, people can buy cars from official dealers and individual resellers.
“Seez is growing faster than expected so more capital will help us deal with our rapid growth as we continue our European expansion,” Seez co-founder and chief executive officer, tarek Kibrit, said in a statement.
The lastest funding comes as Seez aims to take advantage of the $3 trillion car industry, which it said “remains largely offline.”
“Now we are moving towards a more comprehensive solution for both car buyers and dealers. As the world continues to change rapidly we need to keep evolving our offerings,” Kibrit.
