Saudi Tygo raises $1.8 million Seed round

Tygo, a Saudi platform for reselling and marketing telecommunication services, announced it had raised SAR6.8 millions in its Seed round. The fundraising was led by Jawla investments, with participation from BIM Ventures and managed by the Investors’ Mine angel network.

Tygo platform will make it easier for users to choose from the wide variety of products and services offered directly by the authorized telecom companies. This is due in part to the growth of telecommunications firms, the diversity of their markets, and the desire of the sector to be more effective in the communication and information technology sector. A number of agreements with telecom companies will increase the platform’s client base.

Tygo is the only platform to make it easier for customers to select the right telecommunications provider. The platform displays all licensed company options at one location. This allows them to easily compare options and pick the one that suits them best. Customers can also find out about all the offers and services in the telecommunications or digital product markets. The platform also provides simple and secure payment options.

The platform’s capabilities extend beyond users. Service providers will have the ability to manage their products using a single dashboard. They can share their products via social media and offer technical support, allowing them and their customers to enhance their services.

Abdullah Dhafer (CEO and co-founder) stated that the platform is designed to enhance the customer experience and the service provider experience. In Riyadh, in 2021, the platform created a unified digital reference which provides solutions to telecommunications users in order to improve service delivery and provide a full digital experience.

Moreover, the platform allows consumers to complete the selection process based on a thorough comparison & filtering of available telecommunications options in the market based on user preferences, simple activation options via e-sims or sim chips based on the customer’s preferences and multiple payment management options for both the service provider and the consumer.

This round will support the development of the platform as well as the ability to reach local and international telecom companies in the near-term.

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