Mnzil منزل

Mnzil (منزل, Arabic for "home") is a Riyadh-based proptech that lets companies outsource the housing, transportation, and catering of their blue-collar staff. Instead of every employer improvising labor camps on the side, Mnzil operates furnished, serviced, ISO-certified accommodation at scale - complete with kitchens, security, and housekeeping - and wraps transport and meals around it.

The founders, Abdulmajeed Al-Babtain and Abdulrahman Al-Shaya, spotted a gap hiding in plain sight. Housing workers was everyone's problem and no one's specialty. Employers did it badly because it wasn't their core business. Mnzil made it its only business, and within about a year had grown to more than 60 facilities across 13-plus cities.

That focus attracted an unusual endorsement. In November 2025, Founders Fund - the Silicon Valley firm co-founded by Peter Thiel - led Mnzil's $11.7 million Series A. It was the fund's first-ever lead investment in the Kingdom, a signal that worker welfare had become a serious, investable category rather than a compliance checkbox.

The client roster tells its own story. Amazon, Nestlé, SIXT, the Riyadh Metro, SMASCO, EFSIM, and Barq have all handed the same operational headache to the same young company. When names like those converge on one vendor, a market is forming in real time.

Tech-enabled, not just brick-and-mortar. Where traditional operators manage buildings, Mnzil runs a platform - inventory, matching, and worker services coordinated through software rather than spreadsheets and phone calls.

Bundled welfare. Competitors typically sell one thing: a bed, or transport, or catering. Mnzil sells the stack, so a client solves housing, movement, meals, and even wage access through one vendor.

Standards as a selling point. ISO certification and regulated safety standards turn "dignity" into a procurement-grade feature that large enterprises like Amazon and Nestlé can sign off on.

Multi-model supply. Running subleasing, building, and a marketplace at once lets Mnzil scale supply faster than any single-model competitor when demand spikes in a new city.

Abdulmajeed Al-Babtain serves as Founder and CEO, setting the company's direction across supply, enterprise sales, and its expansion into worker services. Abdulrahman Al-Shaya is co-founder. Together they built Mnzil around a single insight: in a labor market where migrant workers make up roughly four of every five workers, the party best positioned to house them well is a specialist, not the employer.

Mnzil's expertise is operational as much as technological. Running 60-plus facilities across more than a dozen cities means mastering local property sourcing, safety and ISO standards, catering logistics, and transport scheduling - then coordinating all of it through software so a client can manage its workforce welfare from one place.

That operational depth is what lets Mnzil promise both lower cost and higher quality at the same time. It is also what makes the business hard to copy: a marketplace listing is easy to clone, but a network of standards-compliant buildings, staff, and vendor relationships across a country is not.

Registered as Mnzil Holding Co. Cayman L.L.C, the company pairs a Gulf operating footprint with a structure built for institutional investors - a setup that helped bring a fund like Founders Fund to the table for its first Saudi lead deal.