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Investments

1

Portfolio Exits

1

About Riverbank Technologies

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Latest Riverbank Technologies News

Mumzworld Closes Fifth Funding Round

Feb 20, 2018

The amount of the deal was not disclosed. The round was led by Wamda and Swicorp, with participation from Tamer Group, Precinct Capital, WSB Holding, Riverbank Technologies and Saned. The company intends to use the funds to expand in in Saudi Arabia and North Africa. Founded in October 2011 by Ataya and Leena Khalil, Mumzworld is an online shopping site for mother, baby and child products servicing the UAE (Dubai, Abudhabi, Sharjah), Saudi Arabia ( Riyadh, Jeddah, Khobar/DMM), Qatar (Doha), Kuwait, Bahrain, Oman, Jordan (Amman), Lebanon and shipping all over the world. The company has a catalog of 200,000 products via partnerships with 2,700 retailers, distributers, manufacturers and brands. FinSMEs

Riverbank Technologies Investments

1 Investments

Riverbank Technologies has made 1 investments. Their latest investment was in Mumzworld as part of their Series B on February 2, 2018.

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Riverbank Technologies Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

2/7/2018

Series B

Mumzworld

Yes

2

Date

2/7/2018

Round

Series B

Company

Mumzworld

Amount

New?

Yes

Co-Investors

Sources

2

Riverbank Technologies Portfolio Exits

1 Portfolio Exit

Riverbank Technologies has 1 portfolio exit. Their latest portfolio exit was Mumzworld on June 28, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

6/28/2021

Corporate Majority

11

Date

6/28/2021

Exit

Corporate Majority

Companies

Valuation

Acquirer

Sources

11

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