Riyadh - Sharikat Mubasher: Playbook, the leading career growth platform for women professionals, acquired Women Spark, a distinguished collective of women angel investors, in a move to empower women in the global investing world, the company revealed in a press release.
This acquisition positions Playbook as the largest network of female angel investors in the region, introducing a new model for empowering women to become influential global investors.
The integration of Women Spark into Playbook represents a significant initiative to launch two bespoke programs for female founders and angel investors.
The acquisition targets creating an unparalleled fusion of talents and resources, fostering innovation, and paving the way for women's career trajectories and entrepreneurial growth.
Playbook will enhance the existing masterclass library by engaging Saudi industry experts as masters, ensuring a localized wealth of knowledge. It will also introduce innovative products dedicated to empowering angel investors and supporting female founders in scaling their businesses.
Deemah AlYahya, Founder of Women Spark, stated that the acquisition deal will bring manifold benefits to the company, enhancing the knowledge and know-how of our founders and investors.
“This partnership will also facilitate the expansion of our network, create opportunities for mentorship, and enhance the diversity of women globally—from China and Singapore to the US and Canada,” AlYahya added.
For her part, Wafa Al Obaidat, CEO of Playbook, commented: “The acquisition of Women Spark will unlock the leadership and financial potential of women globally. The power of deploying strategic investment in female-led ventures will shape the dynamics of global economies and we’re proud to be paving the way for it.”
Playbook is an award-winning global professional network and edtech platform for women in business.
Meanwhile, Women Spark is an innovative early-stage women angel investor network dedicated to fostering a more equitable economy. It contributes to the digital economy's expansion by supporting emerging startups and establishing direct connections with capital sources for accelerated growth.
