Palestine's SaaS startup Gamiphy raises $1.5 million in pre-series A round

Gamiphy, a Palestine-based and US-headquartered software-as-as-service (SaaS) platform has raised $1.5 million in its pre-Series A round led by Al Muhallab VC, based in Kuwait.

  • The fund will help the firm expand its services in Brazil, and Latin America, and register its presence in the US market.
  • Founded in 2017, Gamiphy is a platform helping businesses convert and retain customers through gaming strategies and personalized online and offline experiences.
  • Innovative Startups and SMEs Fund (ISSF) based in Jordan, the Bank of Palestine, and a group of angel investors participated in the round.