InvoiceQ Secures $1.2 Million Pre-Series A Funding to Boost Regional Growth
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Jordan-based SaaS company InvoiceQ has raised $1.2 million in a pre-Series A funding round with support from local investors, including Oasis 500, Orange VC, Flat6Labs, Natej Soft, and several angel investors. The investment was finalized with legal assistance from Kassim Legal, a boutique law firm specializing in startups.
Founded in 2020 by Muhannad Tobal, Fadi Al-Jabali, Amer Ayyad, and Mohammad Baseet, InvoiceQ operates in Jordan and Saudi Arabia, offering tailored e-invoicing solutions that streamline invoice management.
The newly secured funds will support InvoiceQ’s regional expansion plans, targeting Oman, Egypt, UAE, and the broader GCC market. CEO Muhannad Tobal highlighted the company's achievements, noting over 50 million invoices issued to date, and emphasized plans to capitalize on the growing demand for digital invoicing solutions in the MENA region.
For more information, visit InvoiceQ's website.
Source: Entrepreneur
InvoiceQ
InvoiceQ, founded in 2020, is an electronic invoicing system that eliminates the need to submit paper invoices. The system has been qualified by ZATCA in Saudi Arabia and ISTD in Jordan. It integrates with various payment gateways and reflects real-time changes. With InvoiceQ, organizations are able to avoid data loss and complex integration processes usually encountered when integrating with other systems. InvoiceQ is constantly evolving, which makes it the ideal choice for any business.
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