# Al Safa Real Estate Development

> Al Safa Real Estate Development is a VC fund in Dhaka backing Hospitality and Online Portals. See 2 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Dhaka, Bangladesh
- Total investments: 2
- Last investment: Apr 2022
- Lead investor: 0%
- Last updated: Aug 2026

Al Safa Real Estate Development is a VC fund in Dhaka focused on Hospitality and Online Portals. Al Safa Real Estate Development

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Hospitality | 1 | 50% |
| Online Portals | 1 | 50% |
| Customer Service | 1 | 50% |

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 1 | 50% |
| Convertible Note | 1 | 50% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Gathern | Gathern is a booking platform of private villas, chalets, rest houses, camps, resorts, farms and other places suitable for gatherings. |  | Convertible Note | Apr 06, 2022 |  |
| Gathern | Gathern is a booking platform of private villas, chalets, rest houses, camps, resorts, farms and other places suitable for gatherings. | $4.4M | Series A | Mar 22, 2022 |  |

2 of 2 investments shown.

## Co-investors
- [Al Ajlan Riviera](https://shizune.co/investors/profile/al-ajlan-riviera) — VC Fund, 2 deals together
- [Al Majdia Residence](https://shizune.co/investors/profile/al-majdia-residence) — VC Fund, 2 deals together
- [Shurafa Real Estate Development](https://shizune.co/investors/profile/shurafa-real-estate-development) — VC Fund, 2 deals together
- [STV](https://shizune.co/investors/profile/stv-2) — VC Fund, 2 deals together
- [Vision Ventures](https://shizune.co/investors/profile/vision-ventures-2) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

## FAQ

### What does Al Safa Real Estate Development invest in?

Al Safa Real Estate Development invests primarily in Hospitality, Online Portals and Customer Service startups, most often at Series A and Convertible Note stage. Most of the 2 investments tracked by Shizune back companies in Saudi Arabia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Al Safa Real Estate Development last invest?

The most recent investment recorded for Al Safa Real Estate Development closed in Apr 2022. Shizune tracks 2 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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