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Bayzat
company
About
Bayzat is a technology SaaS company that provides insurance, payroll, and human resources solutions for businesses.
- Dubai,Dubai,United Arab Emirates
- 251 - 500
- http://www.bayzat.com
Details
- Last Funding Type
- Series C
- Last Funding Money Raised
- $25M
- Industries
- Employee Benefits,Human Resources,Insurance,InsurTech,SaaS
- Founded date
- Jan 1, 2013
- Number Of Employee
- 251 - 500
- Operating Status
- Active
- Legal Name
- Bayzat LLC
Bayzat is a technology SaaS company that provides insurance, payroll, and human resources software solutions for businesses. It helps companies provide their employees with a better experience by automating and enhancing their insurance, payroll, and HR administration. As of today, Bayzat is helping to provide world-class employee experiences to 80,000+ employees.The company was founded in 2011 and is based in Dubai, UAE.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
7
$52.60M د.إ3.67M
Bayzat has raised a total of
$52.60M د.إ3.67M
in funding over 2 rounds. Their latest funding was raised on
Dec 23, 2022 from a Series C round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Dec 23, 2022 | Series C | $25M | 3 |
DisruptAD
|
— | Detail |
| Aug 11, 2022 | Series Unknown | — | 1 |
Mohammed Bin Rashid Innovation Fund (MBRIF)
|
— | Detail |
| Oct 21, 2019 | Series B | $16M | 5 |
Mubadala Capital Ventures
Point72 Ventures
|
— | Detail |
| Dec 5, 2017 | Series A | $5M | 3 |
Silicon Badia
|
— | Detail |
| May 24, 2017 | Series A | $3M | — | — | — | Detail |
Investments
Number of Investments
Number of Lead Investments
3
0
Bayzat has made 3 investments. Their most recent investment was on
Dec 22, 2021, when Arcade raised $15M.
|
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
|---|---|---|---|---|
|
Dec 22, 2021
Arcade
|
Series A | $15M | Blockchain | — |
|
Nov 16, 2021
Velocity
|
Series A | $20M | Credit | — |
|
Feb 2, 2021
Compass Mining
|
Series Unknown | $1.70M | Bitcoin | — |
Investors
Number of Lead Investors
Number of Investors
7
16
Bayzat is funded by 16 investors.
DisruptAD
and Mohammed Bin Rashid Innovation Fund (MBRIF)
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
DisruptAD
|
Yes | Series C |
|
Mohammed Bin Rashid Innovation Fund (MBRIF)
|
Yes | Series Unknown |
|
Mubadala Capital Ventures
|
Yes | Series B |
|
Point72 Ventures
|
Yes | Series B |
|
Silicon Badia
|
Yes | Series A |
ADQ
|
— | Series C |
Ischyros New York
|
— | Series C |
Bossanova Investimentos
|
— | Series B |
Endeavor Catalyst
|
— | Series B |
Tech Invest Com
|
— | Series B |
Employee Profiles
Number of Employee Profiles
5
Bayzat has 5 current employee profiles, including
Board member Amir Farha
Board member
Executive
Executive
Executive
Executive
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