The Saudi startup Boook, an innovative monthly subscription application for exclusive benefits at coffee shops, has successfully closed its first pre-seed investment round just days after its official launch. The rapid closure of the round reflects strong investor confidence in the platform’s unique business model.
A New Model for Coffee Shop Loyalty
Boook is a monthly subscription app that provides users with exclusive benefits and discounts at a network of coffee shops across Saudi Arabia. The platform aims to offer a smarter, more economical experience compared to daily payments. The idea for the app, according to co-founder and CEO Mohannad Al-Badrani, came from the real-world need to solve the simple but recurring problem of not having cash on hand for an immediate purchase.
Supporting the Local Coffee Scene
The platform is designed not only to benefit consumers but also to support small and medium-sized coffee shops. By building a stable base of subscribers, Boook helps these businesses enhance customer loyalty and increase their sales. This model aligns with the goals of Saudi Vision 2030, which supports digital transformation and entrepreneurship in the retail and service sectors.
About Boook
Founded by Mohannad Al-Badrani, Boook is a Saudi technology company that provides a subscription-based platform for coffee shop benefits and discounts. Its mission is to create a win-win ecosystem for both coffee lovers and local cafes.
Looking Ahead
The new funding will be fully allocated to developing the platform’s technology, expanding its network of partner coffee shops, and introducing new benefits for users in the coming months. The company has also indicated its intention to enter into strategic partnerships and expand its services to several new cities across the Kingdom.
Source: Jawlah
