Jordanian Online Bookstore, Faylasof, Secures $500,000 In Pre-Series A Round From Saudi VC

Jordan’s online bookstore, Faylasof, has just successfully raised $500,000 in a pre-series A funding round from Saudi Arabia's Wise Ventures. The startup plans to use the investment to create new tools to help digitising the relations between authors, publishers and customers.

Founded by Mohammad Zatara in 2015, the company aims to provide readers with a wide variety of books, in a highly technical and professional way. Faylasof also offers more than one million Arabic and English books, in different genres including art, personal development, fiction and history -- shipping to over 72 countries.