Venture Capital

Jordan’s CarSeer Secures Six-Figure Investment for GCC Expansion

Read more at www.cairoscene.com

Jordanian vehicle history reporting platform, CarSeer, has announced that it has raised a six-figure seed investment from Arzan Venture Capital, which it plans to use to fuel expansion efforts in the Gulf region.

Founded in 2015 by Hashim Hasan and Amjad Al-Zabin, the platform provides assistance in the assessment of used cars with the goal of protecting the public, insurance firms and financial institutions alike from misleading information. Additionally, CarSeer is the first ever to issue bilingual vehicle history reports in English and Arabic.

CarSeer has used trusted sources such as automotive agencies, government departments and insurance firms to build an extensive vehicle history database consisting of millions of records. Each issued report is certified by Jordan Customs and Emirates Authority For Standardisation & Metrology, both of which accept CarSeer reports as a basis for assessing the suitability of vehicles for road use in each country based on data coming from USA, Europe, Japan and South Korea as well as local sources.

Read more at www.cairoscene.com

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