Riyadh - Sharikat Mubasher: Regards, the Saudi-based gift experience platform, successfully closed a $1.5 million seed funding round led by Core Vision Investments.

This investment will fuel Regards' plans to upgrade the platform and enhance Core Vision’s operations, consolidating its commitment to excellence, the company's statement revealed.

Founded in 2021 by Yasser Aljumaiah, Sultan Binjuma, and Saad Almazroua, Regards adopts a unique and innovative approach to gifting, with a rapidly growing user base and a proven track record of success. It targets revolutionizing how people connect through meaningful experiences.

Faisal Al-Abdulsalam, CEO of Core Vision, affirmed the company’s dedication to supporting the future with innovative solutions and thinking outside traditional frameworks.

He added that Core Vision Investments targets providing investment opportunities and supporting startups.

Meanwhile, Aljumaiah stated that the opportunities in the gift experience market are immense and Regards sees a tremendous opportunity in Saudi Arabia.

“Our desire is to foster closeness between people through more personal and unforgettable experiences, celebrating our culture in a unique way,” Aljumaiah clarified.

For his part, Binjumah said: “This investment allows us to expand these experiences and continue building a platform that celebrates the values and spirit of our homeland.”

Moreover, Almazroua noted that Regards embraces the rich tradition of gifting and transforms it into something modern and impactful, with experiences that connect people on a deeper level.