COLABS is thrilled to announce two major milestones:
- $2M Pre-Series A Funding Round ๐
Led by Shorooq Partners with Waad Investment, weโve closed a $2M pre-Series A round! Congratulations to Omar Shah, Ali Shah, and the team for making this possible. - International Expansion to Saudi Arabia ๐
After building an impressive network across 10+ locations in Pakistan, COLABS is expanding into Saudi Arabia! Big thanks to Shane Shin (ุดูู ุดู) ์ ๊ทผ, Omer Zabit, and Yaser Saeed Alghamdi for guiding us in this next phase.
Our Journey: Building Pakistanโs Leading Coworking Community ๐
The past 5 years have been a whirlwind since returning to Pakistan and taking on the challenge of turning an old towel factory into Pakistanโs largest and most vibrant coworking space network. We launched right before COVID hit, navigating market volatility, currency depreciation ๐ธ, and political instabilityโbut COLABS emerged stronger than ever:
- 10+ Locations across cities ๐ข
- 5000+ Members from 300+ companies ๐
- $5M Total Funding raised ๐ฐ
- 250+ Partners & 1000+ Events hosted ๐ฅ
- 5x Revenue Growth & profitability ๐
- 300+ Team Members dedicated to growth ๐คผ
Why Saudi Arabia? ๐ธ๐ฆ
Saudi Arabia, under Vision 2030, is transforming into a global hub for innovation. With a rapidly growing, ambitious young population, Saudi Arabia offers untapped opportunities for flexible coworking spaces and community hubs. COLABS is the ideal fit to support this transformation, bringing our unique platform that blends coworking, community, and culture.
Whatโs Next? Join Us in Shaping MENAโs Future ๐
Our purpose remains to support startups, innovation, and creativity through our spaces and programs, from COLABS Talks to Creative Collective. Weโre ready to support entrepreneurs in the MENA region, building on the success weโve created in Pakistan.
Shoutouts and Thanks ๐
A huge thank you to our new and existing investors and advisors: Aatif Awan, Ali Mukhtar, Faisal Aftab, Rakan AlRashed, Zubair Naeem Paracha, Abbas Yousafzai, Mubariz Siddiqui, and Kabeer Hussain.
Get Involved! ๐
Want to be part of the journey? Connect with Omar Shah at omar@colabs.pk to discuss partnerships, memberships, and growth opportunities.
