Riyadh– Sharikat Mubasher: Ogram, a leader in flexible staffing solutions announced the successful closure of its latest KSA expansion round, led by Oraseya Capital, the venture capital arm of Dubai Integrated Economic Zones Authority (DIEZ).

This marks Oraseya’s second investment in Ogram, solidifying their confidence in the company’s vision and growth potential in the Kingdom. The round featured other key investors including Aditum Investment Management and Everywhere VC, according to a press release by the company.

Commenting on this, Shafiq Khartabil, Co-founder & CEO of Ogram said: “We are excited to secure this expansion round with such esteemed investors, which reflects the strong demand we are witnessing in the retail and hospitality sectors. The funding will not only fuel our expansion into KSA but also drive us towards achieving profitability this year."

Julien Plouzeau, Senior Partner at Oraseya Capital added:  “The on-demand staffing market is rapidly evolving, and Ogram is at the forefront of this transformation. We have been particularly impressed by their ability to provide a much-needed solution and implement it at scale for enterprise customers. Ogram’s achievements in the UAE and Greece give us great confidence in their potential to replicate this growth in the KSA market. We are excited to support their ongoing expansion and market leadership, aligning with Oraseya’s commitment to invest in innovative startups offering promising solutions.”

Looking forward, Ogram is getting ready for its Series B and potential M&A activities in Q4. The staffing platform’s primary focus remains on expanding its geographic footprint and sustaining its growth and profitability trajectory.

This funding milestone reinforces Ogram’s mission to enhance the lives of workers by making flexible work the way businesses staff their operations, and vision to pioneer ‘the new workforce’ across the globe, fast.