Saudi Arabian water solutions app, Moya secures $2 million in seed round

Funding News

Moya App is a Saudi Arabia-based water solution hub, has secured a $2 million seed single funding round from MLM Investment company.

Launched in 2019 by Abdulrhman Almustafa, Abdullah Alshuaibi and Ahmed Alkadi, the Moya-app is the first and largest hub focusing on delivering drinking water to customers of Saudi Arabia. Moya started as a marketplace but later added some of their vehicles and warehouses to enhance the customer experience.

Abdulrhman Almustafa, CEO of Moya app said he is proud of the Moya-app team and thanked Mulem for believing in the company’s vision of reshaping the water market with a higher quality experience. Abdulrhman said the market is changing rapidly day by day, and being adaptable to this movement is mandatory, and this is what has been witnessed in Moya-app itself as the company starts as a marketplace. Today, Moya has many products to serve customers including all drinking solutions such as drinking water, filters, water coolers, water tanks, milk, juice, and more.

The investment will be utilised to support the expansion plans in Saudi Arabia and investing in the technical infrastructure to add more services.

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