Faith Capital invests in Justmop
Kuwait-based venture capital (VC) fund Faith Capital has announced a round of investment in Justmop, the UAE-based on-demand cleaning services platform.
Earlier this year Faith Capital invested $8 million in Kuwait-based laundry app JustClean and the fund is hoping this latest investment will create synergies between the two startups.
“We’re pleased to confirm our investment in Justmop, because we believe in this space and its capacity to grow,” said Faith Capital and JustClean’s chief executive officer Mohammed Jaffar. “We believe equally in the company’s synergies with JustClean and together we share a commitment to bring advancement in an industry that has historically been run without technology.”
Justmop is currently operational across 11 cities in the GCC and allows users to schedule weekly, bi-weekly or one-off cleaning appointments.
“We believe this partnership will enable us to achieve our vision of creating the go-to platform for anything related to home services. With this investment, we can enter an era where we sharply focus on the disruption of the conventional home cleaning space.”