HalalBooking has closed its small Series A round, with a post-money valuation of $52.5 million USD.
After attracting significant interest from dozens of individual investors, $2.5 million was raised from a group of 4 investors, led by Azar Gurbanov, a co-founder of New York-based wellness e-commerce website FSAstore.com.
Elnur Seyidli, CEO of HalalBooking said: “We plan to open a larger $20-25 million Series B round at a higher valuation at the end of 2020 and hope to achieve our $1 billion unicorn goal by 2024.”
