Riyadh – Sharikat Mubasher: Saudi-based startup Bouk announced raising $400,000 in a pre-seed funding round, closed just days after the company’s official launch.

According to a LinkedIn post by Muhannad Albadrani, the CEO, the swift closure signals growing investor confidence in the startup’s business model.

Bouk offers a monthly subscription that provides users with exclusive discounts and benefits at participating cafés across the Kingdom. The idea, Albadrani explained, was born from a common pain point: having no cash on hand during spontaneous coffee runs. Bouk aims to deliver a smarter, more economical alternative to daily payments.

The platform also supports small and medium-sized coffee shops by building a loyal subscriber base, in line with Vision 2030’s goals to boost digital transformation and entrepreneurship in the service and retail sectors.

Albadrani said the new funds will be used to improve the app’s technology, expand its partner café network, and roll out new features for users. He also hinted at upcoming strategic partnerships and plans to grow Bouk’s footprint in other Saudi cities.