UAE-based B2B marketplace Plain Tige has secured investment from AngelSpark in a $1.5 million Seed round. The new investment aims to expand into Saudi Arabia and accelerate hotels’ transition to net-zero procurement.
Plain Tiger offers a platform that connects hotels with eco-friendly suppliers, facilitating procurement that saves both time and money while reducing environmental impact.
Through Plain Tiger, hotels gain access to over 300 suppliers at the same prices they would get by working directly. This allows suppliers to connect with leading hotel groups across the Middle East, promoting sustainability in the hospitality industry.
Alexandra Polson, co-founder and Director of Plain Tiger, brimmed with excitement as she spoke about the recent investment. She emphasized the alignment of AngelSpark’s experienced executive team with Plain Tiger’s vision.
Alexandra, alongside Oliver Baillie, expressed their thrill in welcoming AngelSpark aboard their journey. Their conviction and shared vision impressed them, prompting Plain Tiger’s decision to allocate a portion of their Seed funding round to AngelSpark.
This infusion of capital will aid in further developing their B2B marketplace technology, expanding into the KSA market, and assisting more hotels in achieving net-zero procurement.
Abeer Nicola Nijmeh, AngelSpark’s internal sponsor for the investment, echoed Alexandra’s enthusiasm. She recalled the commitment made during AngelSpark’s Women’s Day-themed startup pitch event and emphasized Plain Tiger’s sustainability vision in the hospitality sector.
Nijmeh expressed immense excitement in formalising the investment, citing Plain Tiger’s dedication to supporting hotels with sustainability goals as a perfect alignment with AngelSpark’s values.
She conveyed belief in Plain Tiger’s team and market traction, expressing eagerness to support them in making a significant impact.
