Bayzat

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

Highlights

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