Ogram Secures $3M Non-Dilutive Funding
Deal News | Jan 22, 2025 | Aim Group
Ogram, a Dubai-based rectech company specializing in workforce-as-a-service solutions, has successfully secured $3 million in non-dilutive funding from Tenami Capital, another Dubai-based firm. This investment will help Ogram enhance its platform, which is designed to help companies find and manage high-quality workers. Ogram's approach leverages technology to streamline the hiring process, providing companies with efficient access to a flexible workforce. This funding round demonstrates the confidence of local investors in Ogram's business model and technological capabilities.
Sectors
- Rectech
- Investment
Geography
- Dubai – Both Ogram and Tenami Capital are based in Dubai, making it a focal point for this investment news.
Industry
- Rectech – Ogram operates in the recruitment technology industry, providing digital platforms for workforce management.
- Investment – The article discusses investment activity by Tenami Capital in Ogram, highlighting financial backing in the sector.
Financials
- USD 3 million – The amount of non-dilutive investment raised by Ogram from Tenami Capital.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Ogram | Target company | Company | A Dubai-based rectech company providing workforce-as-a-service solutions. |
| Tenami Capital | Investor | Company | A Dubai-based investment firm that provided non-dilutive capital to Ogram. |