Unipal Secures Pre-Series A Funding to Expand in Saudi Arabia

Since launching, Unipal has gained 98% penetration among Bahrain’s student population.

Abbas Aziz By Abbas Aziz
3 Min Read

Unipal is Revolutionizing Student Benefits Across the GCC

Bahrain-based edtech startup Unipal has successfully raised its Pre-Series A investment round to accelerate expansion in Saudi Arabia. While the investment amount remains undisclosed, the round was led by Plus VC with participation from:

  • Al Jazira Capital
  • RZM Investments
  • Falak Angels
  • Doha Tech Angels
  • Other angel investors

Founded in 2020 by Ali Alalawi and Ali Al Shaer, the company connects university students with exclusive discounts and offers through its innovative platform.

Rapid Growth & Saudi Expansion Plans

Since launching, Unipal has gained 98% penetration among Bahrain’s student population. After expanding to Riyadh, the platform rapidly grew to 250,000 users and 700 partnered brands in under a year.

Now, with fresh funding, the EdTech is about to expand further across Saudi Arabia, officially launching in:

  • Jeddah
  • Madinah
  • Dammam
  • Khobar

Additionally, Unipal is developing an enhanced app with personalized algorithms to create a Netflix-like experience for students.

What Makes Unipal Unique?

  • A student-first approach – providing tailored discounts and benefits
  • AI-driven recommendations – matching students with relevant deals
  • A valuable brand-student connection – helping businesses engage with Gen Z consumers

What Investors Are Saying

💬 Ali Alalawi, Co-founder of Unipal:
“This investment is a major step toward becoming the number one youth platform in the region. We’re thrilled to have strategic investors who believe in Unipal’s potential.”

💬 Hasan Haider, Managing Partner at Plus VC:
“Unipal is redefining how brands connect with the youth. Their rapid growth and impact make them an outstanding investment opportunity.”

💬 Adwa Aldakheel, CEO of Falak Investment Hub:
“Unipal is more than just a discount platform—it’s a bridge between brands and influential youth.”

💬 Rawan AlRasheed, Head of Impact Lab at Al Jazira Capital:
“We believe Unipal will drive financial accessibility and empower future generations through fintech innovation.”

The Future of Student Benefits in the GCC

With student spending power increasing, the Bahraini education startup is well-positioned to lead the youth engagement market in the GCC. By expanding into Saudi Arabia and launching an AI-powered experience, Unipal is set to revolutionize how students access financial perks, boosting affordability and financial inclusion.

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