Riyadh - Sharikat Mubasher: Plain Tiger, a business-to-business (B2B) marketplace headquartered in UAE, raised funding from the UAE-based VC firm AngelSpark, as part of its $1.5 million seed round.
In a statement, Plain Tiger said it will dedicate the funding to expand its operations in Saudi Arabia and speed up more hotel’s pathways to net zero procurement
Plain Tiger connects hotels with eco-friendly suppliers, saving them time and money and reducing their environmental impact. It enables hotels to source from over 300 suppliers at the same price while providing suppliers access to some of the leading hotel groups in the Middle East.
Alexandra Polson, Co-founder of Plain Tiger, said: “AngelSpark is a community of seasoned executives who've enjoyed success in their fields, and Oliver Baillie and I are excited for them to join our journey. Through the process, we've been so impressed by their conviction and shared vision for what we can achieve with Plain Tiger.”
She noted that Plain Tiger will use the funding to develop its B2B marketplace technology as well.
For her part, Abeer Nicola Nijmeh, AngelSpark’s internal sponsor in this investment, commented: “We’re excited by Plain Tiger's vision to support hotels with their sustainability commitments and believe Plain Tiger has the right team and traction to deliver outsized impact and growth. We can't wait to support them in making a real difference."
