Rewaa

Rewaa provides an omnichannel inventory management system and point-of-sale (POS) solution that integrates with various marketplaces and retail services, enabling retailers to manage stock, sales, and accounting from a single platform. This system automates operational processes, reduces manual entry errors, and offers real-time reporting, helping retailers optimize inventory control and minimize operational costs.

Traction 10/10

HQ unknown

Founded 2018475

Data & Analytics
Commerce & Shopping
Enterprise Software
Software Only

Updated 5 months ago

Funding

Raised to date

$27.8MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.

across 2 rounds

AAAS+5

$27M · Series A

Announced Aug 2023

Disclosed cumulative: $27.8M

2/2

RoundDateAmountValuationInvestors

Founders

2 founders

Abdulrahman Alomran

CEO

Mohammed Alqasir

CEO

Product

Problem

Many retailers face challenges in efficiently managing their inventory, sales, and accounting processes across multiple channels. Manual data entry leads to errors, and a lack of real-time visibility into stock levels results in inefficiencies and increased operational costs.

Solution

Rewaa offers a comprehensive, omnichannel platform that streamlines retail operations by integrating inventory management, point-of-sale (POS) functionality, and accounting into a single system. The platform automates key processes such as stock management, sales tracking, and financial reporting, reducing manual effort and minimizing errors. By providing real-time data and analytics, Rewaa enables retailers to optimize inventory levels, track sales performance, and make informed business decisions. The system also supports the creation and management of promotions and discounts, as well as integration with e-commerce platforms and payment gateways.

Target Audience

Rewaa is designed for retail businesses of all sizes that require an integrated solution for managing their inventory, sales, and accounting processes across multiple channels.

Features

Centralized dashboard for managing inventory, sales, and accounting data
Point-of-sale (POS) system with customizable user permissions and offline functionality
Automated accounting module that integrates sales and expense data
Inventory management features including stock tracking, purchase order creation, and stock transfer management
Promotion and discount management tools
Integration with e-commerce platforms for online sales management
Mobile application for monitoring sales and inventory levels on the go
Payment gateway integration for seamless transaction processing
Real-time sales and inventory reports with customizable filters
Compatibility with Zakat, Tax and Customs Authority (ZATCA) regulations