Ogram Secures $3M Investment from Tenami Capital to Expand in Saudi Arabia
Ogram is an on-demand staffing marketplace linking businesses with qualified gig workers for temporary or long-term roles in hospitality, retail, warehousing, and logistics.
Ogram, a leader in flexible staffing solutions in the Middle East, has raised $3 million in non-dilutive growth capital from Tenami Capital, marking a significant step in its mission to transform workforce management and meet the growing demand for on-demand staffing in the region. This investment positions Ogram for rapid growth, particularly in Saudi Arabia’s booming retail and hospitality sectors.
The partnership will help Ogram strengthen its working capital, allowing the company to roll out an early payout program for its workforce—known as Ogrammers—giving them greater financial stability and control over their pay cycles.
Accelerating Expansion in Saudi Arabia
Saudi Arabia is a key market for Ogram’s next phase of growth. With a thriving retail and hospitality industry, the region presents a unique opportunity for on-demand and flexible staffing solutions. The new funding will help Ogram meet the growing demand for short-term and temporary staff while improving the overall experience for both businesses and workers.
“We are excited to partner with Tenami Capital, a forward-thinking financial partner that shares our vision for transforming workforce flexibility,” said Shafiq Khartabil, Co-founder and CEO of Ogram.
“This funding will allow us to deepen our impact in Saudi Arabia and beyond, ensuring both our clients and Ogrammers experience the very best in workforce solutions.”
Empowering Ogrammers with Financial Flexibility
A major focus of this capital injection is Ogram’s early payout program, which aims to provide financial stability for Ogrammers while enhancing worker satisfaction and retention. By enabling faster payouts, Ogram ensures that its workforce remains motivated, engaged, and ready to meet the needs of its growing client base.
“This is more than just financial backing; it’s an investment in the success and well-being of our Ogrammers,” said Balsam Danhach, CFO of Ogram.
“By strengthening working capital, we can support their financial needs while ensuring higher retention and exceptional service for our clients.”
Tenami Capital’s Vision for Growth
This investment marks Tenami Capital’s fourth funding announcement since its launch in 2021, reflecting the growing demand for non-dilutive capital in the Gulf region. Natasha Hannoun, Managing Partner at Tenami Capital, highlighted the strategic importance of this partnership:
“We are delighted to partner with Ogram as it continues to transform the staffing industry. Ogram represents the type of innovative, high-growth company that Tenami Capital is committed to supporting as we help businesses scale and succeed across our region.”
Preparing for 2025 and Beyond
With this new funding, Ogram is well-positioned for continued success in 2025 and beyond. The company plans to expand its geographic reach and further its mission to deliver flexible staffing solutions that meet the evolving needs of businesses and workers.
By combining technology-driven efficiency with worker-centric innovations, Ogram is redefining the future of work in the Gulf region. As the demand for on-demand staffing continues to rise, Ogram is not only scaling its business but also empowering a new generation of workers to thrive in an increasingly flexible economy.
For Ogram, this isn’t just an investment in growth—it’s an investment in the future of workforce management.
Read more on Wamda
Listen to Philip Johnston with Scott Hartley on the Venture Everywhere podcast: Data Centers in Space. Now on Apple & Spotify and check out to all our past episodes here!
