Sabbar Company Profile

Background

Sabbar is a Saudi-based technology startup founded in 2019, specializing in on-demand staffing solutions for the retail, hospitality, and entertainment sectors across the MENA region. The company aims to streamline the recruitment process by connecting businesses with pre-qualified, blue-collar workers during peak hours or high seasons. By leveraging technology, Sabbar addresses the challenges of high employee turnover rates and administrative burdens associated with traditional hiring methods.

Key Strategic Focus

Sabbar's strategic focus centers on providing flexible staffing solutions that enable businesses to efficiently hire casual staff during peak periods. The company specializes in the retail, hospitality, and entertainment industries, offering services that include:

On-Demand Staffing: Connecting businesses with a roster of pre-qualified professionals for temporary roles.

Administrative Streamlining: Managing the end-to-end hiring process, including sourcing, vetting, training, placement, scheduling, and payments, thereby reducing operational costs for clients.

Technology Integration: Utilizing a proprietary engine that builds user and role profiles, leveraging geospatial analytics to match workers with job opportunities near them.

Financials and Funding

Since its inception, Sabbar has secured multiple funding rounds to support its growth and technological advancements:

December 2019: Raised $1.5 million in a seed round led by Dubai-based Venture Souq, with participation from 500 Startups, Derayah VC, and Super Angels from Saudi Arabia. The funds were allocated to enhance the platform's matching algorithm, operations automation, and scheduling management.

July 2021: Secured $4 million in a pre-Series A round led by STV, with participation from Derayah VC and SEEDRA Venture. This investment aimed to expand Sabbar's gig economy platform and support regional growth.

December 2022: Obtained an additional $1.5 million through a convertible note investment from Nour Nouf for Knowledge, further bolstering its financial position.

Pipeline Development

Sabbar's development pipeline focuses on:

Platform Enhancement: Continuous improvement of the matching algorithm and operational processes to ensure efficient and accurate staffing solutions.

Geographical Expansion: Extending services to additional cities within the MENA region to meet the growing demand for flexible staffing solutions.

Service Diversification: Broadening the range of industries served, including sectors such as tourism, restaurants, cafes, and entertainment, to provide comprehensive staffing solutions.

Technological Platform and Innovation

Sabbar distinguishes itself through several technological innovations:

Proprietary Matching Engine: Develops user and role profiles, utilizing geospatial analytics to match workers with nearby job opportunities effectively.

AI Integration: Employs artificial intelligence to streamline the recruitment process, including conducting initial candidate screenings and interviews, thereby reducing time-to-hire.

Comprehensive Platform: Offers a user-friendly interface for both employers and job seekers, facilitating seamless job postings, applications, and communications.

Leadership Team

Sabbar's leadership comprises experienced professionals committed to driving the company's mission:

Mohamed T. Ibrahim: Founder & CEO, with a background in technology and entrepreneurship, leading the strategic direction and growth of Sabbar.

Abdul Rahman Al-Mudaiheem: Co-Founder, Business Development & Partnerships, responsible for expanding Sabbar's market presence and forging strategic alliances.

Afnan Sherbeeni: Co-Founder, Product & Growth, focusing on product development and scaling Sabbar's services to meet market demands.

Market Insights and Dynamics

The MENA region's staffing industry is experiencing significant growth, driven by high employee turnover rates in sectors like retail and hospitality. The gig economy is projected to reach a valuation of nearly $2.7 trillion by 2025, indicating substantial opportunities for on-demand staffing solutions.

Competitor Analysis

Key competitors in the MENA on-demand staffing market include:

Marn: A staffing and recruiting firm based in Riyadh, offering flexible staffing solutions across various industries.

SHIFTAT: A human resources services company providing on-demand staffing and recruitment services in the region.

Zid: A technology company specializing in e-commerce solutions, including staffing and logistics support for online retailers.

These competitors offer similar services but may differ in technological integration, market focus, and service offerings.

Strategic Collaborations and Partnerships

Sabbar has established strategic partnerships to enhance its service offerings:

Ministry of Human Resources and Social Development: Approved service provider, ensuring compliance with national employment standards and regulations.

Derayah VC: Investor supporting Sabbar's growth and technological advancements.

Operational Insights

Sabbar's operational strategy focuses on:

Efficiency: Streamlining the hiring process to reduce time-to-hire and administrative costs for businesses.

Quality Assurance: Ensuring a high standard of service by thoroughly vetting and training workers before placement.

Scalability: Developing a platform capable of scaling to meet the demands of various industries and regions within the MENA area.

Strategic Opportunities and Future Directions

Looking ahead, Sabbar aims to:

Expand Geographically: Enter new markets within the MENA region to capitalize on the growing demand for flexible staffing solutions.

Diversify Services: Introduce additional services such as training and development programs for workers to enhance their skills and employability.

Enhance Technological Capabilities: Invest in advanced technologies like machine learning and data analytics to further optimize the matching process and improve service delivery.