Bubbl Raises $350,000 in Pre-Seed Funding, Eyes Global Expansion
Riyadh, Saudi Arabia – Bubbl, the fast-growing social networking platform, has secured $350,000 in a Pre-Seed funding round led by prominent angel investor Abdullah Al-Dosari. The app, founded by Aya Al-Hammoud and launched in March 2024, has quickly become a sensation, amassing over 60,000 daily active users within months of its debut.
Rising Through the Ranks
Bubbl has earned recognition as one of the top communication applications on the Apple App Store, even clinching the top spot on the Saudi App Store charts. The app’s innovative approach to social networking has resonated strongly with local audiences, with approximately 80% of its active users based in Saudi Arabia.
Investor Confidence
Commenting on the funding, Abdullah Al-Dosari expressed confidence in Bubbl’s potential to compete in a space historically dominated by global platforms. “Bubbl represents the innovation and determination of local tech talent. It is proof that Saudi-made applications can lead and thrive in the international tech arena,” Al-Dosari remarked.
Ambitious Growth Plans
With this new funding, Bubbl aims to scale its user base to 1 million daily active users. The investment will be channeled into strengthening the platform’s foothold in Saudi Arabia and fueling its expansion into regional and international markets.
Key Insights
- User Demographics: Approximately 98% of Bubbl’s active users access the platform via iPhones, reflecting its appeal to tech-savvy audiences.
- Marketing Reach: Bubbl’s campaigns have reached over 10 million people across social media, showcasing its impactful promotional strategies.
Bubbl’s rapid rise and innovative edge position it as a leading contender in the social networking landscape, paving the way for Saudi Arabia to establish itself as a hub for groundbreaking tech applications.