Middle East, Neighborhood app, Hayi closes $325K Seed round

Hayi, the UAE’s neighborhood app, has raised $325,000 in its most recent investment round. Hayi is a hyperlocal social network that connects all neighbors, local businesses, and community administrators to create stronger and more connected communities in the UAE.

The community-based firm is dedicated to developing a secure and unique platform that can enable communities to connect both online and off. “Now, more than ever, residents want to connect with each other. A stronger and more connected community can provide a slew of benefits to a person’s day-to-day existence, as well as address a slew of difficulties that have exploded in the last two years as a result of the pandemic.” – Chris Darnell, Hayi’s CEO.

To become the largest hyperlocal social network in the MENA region, the business wants to use its recent funding to speed its growth across the country before trying to make strategic admissions into other new markets. “The funding round will enable us to further develop the product for all end-users and create an exclusive space for them to communicate without being distracted by noise from outside their group,” says the founder. – Rene Morgan, COO, added.

Hayi intends to collaborate with all Community Management and Property Development firms across the region as part of its freemium strategy and has witnessed a surge in interest from these firms in using the free app to better communicate with their people and build a stronger and more connected community.

The start-focus up’s on local and hyperlocal communities is appropriate, since the necessity of bringing communities together both online and offline has been underlined in recent months. Hayi joins a growing list of successful start-ups that have benefited from in5’s ecosystem, which is meant to assist entrepreneurs in turning their ideas into financially viable businesses. Success stories like Hayi’s help to cement Dubai’s status as a top talent and entrepreneur destination.” Dubai Media City’s MD, Majed Alsuwaidi.

Image Source: #Hayi