The following is a press release announcing Seed Financing investment from NY based investor.
Brate announced today that it has secured $400,000 in capital for its Seed Financing round to continue to drive growth and dominate the Middle East and North African region.
Brate helps users find products and services near them by adding location to search results. Once users find what they’re looking for, they can either connect with businesses online using call-to-action buttons such as “Shop now”, or choose to visit the nearest offline store selling those products using map directions.
Over the last year, Brate has seen triple digit growth of over 200% with 1,000,000 users in 2015. Building on this momentum, Brate will use the additional financing to grow its user-base in current markets, continue regional expansion, introduce all-new consumer platforms designed by European firm, launch Brate for Businesses across 15 markets, and invest in growing the team and creating strategic partnership.