# Abdulmajeed Al-Babtain

> Abdulmajeed Al-Babtain, also known publicly as Majeed Albabtain, is the founder and CEO of Mnzil, a Saudi workforce housing and services company co-founded in 2024 with Abdulrahman Al-Shaya. Mnzil combines accommodation, transport and catering and raised an $11.7 million Series A led by Founders Fund in November 2025.

- **Role:** Founder & CEO at Mnzil | منزل
- **Organizations:** Mnzil | منزل
- **Known for:** Co-founded and leads Mnzil, which reported over 60 buildings across more than 13 Saudi cities at its November 2025 funding announcement., Mnzil secured Founders Fund’s first lead investment in Saudi Arabia., Publicly reported 41x year-on-year growth, a 42% gross margin, profitability and eight figures of booked revenue; these are founder-reported company figures.

## Career timeline

- **2024** — Co-founded Mnzil with Abdulrahman Al-Shaya.
- **2025-10** — Listed in the FII9 programme as founder and CEO of Manzil for a session on worker housing; programme listing does not establish attendance.
- **2025-11** — Mnzil announced an $11.7 million Series A led by Founders Fund, with COTU Ventures participating.
- **2026-10** — Mnzil, TDG and Capital Partners announced a workforce housing fund targeting SAR 1 billion and capacity for up to 50,000 workers.

## Achievements

- Co-founded and leads Mnzil, which reported over 60 buildings across more than 13 Saudi cities at its November 2025 funding announcement.
- Mnzil secured Founders Fund’s first lead investment in Saudi Arabia.
- Publicly reported 41x year-on-year growth, a 42% gross margin, profitability and eight figures of booked revenue; these are founder-reported company figures.

## Latest updates

- **2026-10** — Mnzil became the announced strategic partner and exclusive operator of a new fund with TDG and Capital Partners; development expected in Q4 2026.
- **2026-05** — In a public post, discussed internal systems and the operational consequences of growth.

## Links

- LinkedIn: https://www.linkedin.com/in/majeedab
- Twitter/X: https://x.com/MajeedSucks

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Profile page: https://yespress.io/abdulmajeed-al-babtain
Published by YesPress — https://yespress.io
Last updated: 2026-10-20