Bayzat have just closed $16M in funding – thank you!

Bayzat 16M Funding

Last Updated on September 7, 2022 by user

We are incredibly proud to announce this week that we have just closed our Series B funding round at Bayzat. 

Bayzat has always been a customer-first business, intent on creating incredible employee experiences and using cutting edge technology to eliminate spreadsheets from the world of HR. From this new investment, you will start to see many strategic changes coming to the platform, including:

  1. Continued innovation in the employee benefits ecosystem: 

In the last year, we released a number of additional features to enhance your experience with Bayzat including free payroll processingEarlyPay, Attendance and Doctor Bookings. This new funding will enable us to roll out even more innovative platform updates in 2020 and beyond. 

2. Optimised insurance products: 

We are committed to bringing you the best health insurance experience in the market, at the best price. We have prioritised optimising the insurance buying process and speeding up timelines, including instant policy placement and real-time additions and deletions. 

3. Best-in-class technology:

Underpinning all of our products is technology to enable seamless experiences for customers. We have been refining our technology in the last few years and are committed to continuing to make improvements to optimise our platform. 

Above all, we want to thank you, our customers and supporters for being with us on this journey. We wouldn’t be here without your support and we are more inspired than ever to put this funding to work for you. 

We are excited to continue pursuing our mission to make a world-class employee experience accessible to every company in the UAE.