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Jordan's OpenSooq Raises $24M Series B Led by Saudi Jordanian Investment Fund

Amman-based mobile classifieds marketplace OpenSooq has raised $24 million in a round led by the Saudi Jordanian Investment Fund. Existing investors FJ Labs and iMENA Group also participated. OpenSooq operates across 19 MENA countries and plans to hire 400 more people in

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OpenSooq runs a mobile-first classifieds marketplace used by more than 65 million consumers and businesses across 19 countries in the Middle East and North Africa, including Jordan, Saudi Arabia, Oman, Kuwait, Iraq, Egypt and Libya. The $24 million round was led by the Saudi Jordanian Investment Fund, with existing investors FJ Labs and iMENA Group participating.