Amman, Jordan – February 18th, 2020 – Endeavor announced today that Abdallah Faza and Kais Hassan, Founders of arabot have been selected as Endeavor Entrepreneurs at the 93rd International Selection Panel (ISP) in Riyadh, Saudi Arabia. The 93rd ISP welcomed 23 entrepreneurs from 11 markets who have joined Endeavor's network from all over the world. To date, the New York-based organisation has supported 2,039 entrepreneurs leading 1,272 companies in 35+ markets around the world.
The ISP is the culmination of a rigorous multi-step selection process to identify high-impact entrepreneurs who demonstrate the potential to leverage Endeavor’s resources and mentorship to create large-scale wealth and jobs, and are committed to reinvesting their time and money in their local entrepreneurship ecosystems to help others take off.
“Endeavor’s selection process is designed to identify entrepreneurs who have the potential to make a big impact locally and globally, not only by scaling their businesses but also by reinvesting their success. The Riyadh ISP drew extraordinarily talented founders from around the world, and we’re thrilled to welcome 23 new Endeavor Entrepreneurs!” said Endeavor Co-founder and CEO Linda Rottenberg.
At the Riyadh ISP, panellists from around the world interviewed candidates about their businesses and high-impact potential. After the selection process, Endeavor provides entrepreneurs with customized services, including introductions to world-class talent and investment opportunities and an access to an unparalleled global network of business leaders, entrepreneurs and investors.
“Driving innovation through intelligent automation capabilities is key for enterprises looking to grow in a competitive marketplace,” said Abdallah Faza, Co-founder and CEO of arabot. “It’s an incredible achievement to join the global Endeavor network. In fact, our selection serves as a testament to arabot’s enormous potential to scale up and enter new markets. By utilizing Endeavor’s global network of business leaders, entrepreneurs and investors, we’ll be able to drive long-term economic growth and build strong entrepreneurship ecosystems in growth markets.” arabot is the second Endeavor entrepreneur led company selected into Endeavor from the region, joining Eon Dental (Qais Sabri and Yousef Nassar), SAAL Invest (Luay Torky and Suhail Torky), Al Hatab Bakery (Moath Aldajan and Ammar Aldajan), and Ekar (Vilhelm Hedberg).
“It’s a great honour to be selected into the global Endeavor network,” said Kais Hassan, Co-Founder of arabot. “arabot joins a network of high-impact entrepreneurs from across the globe who have created 3 million jobs, generated $20 billion in revenue in 2018, and helped build sustainable growth models in their home countries. Our efforts to revolutionize the corporate digital transformation journey by allowing enterprises to be more agile and cost effective using advanced conversational AI technologies, while empowering the human workforce to focus on driving the business forward have clearly paid off. We’ve made significant progress in the Middle Eastern market where we’ve positioned ourselves as a regional provider of chatbot technologies and being part of the global Endeavour network will enable us to expand our focus to new markets.”
Founded in 2016, arabot is a high-tech company that specializes in cutting-edge conversational AI chatbots and text understanding technologies that help businesses communicate and engage with customers in an efficient, effective and intelligent way across a wide range of different websites, applications and social media platforms.
Headquartered in New York City, Endeavor is leading the global movement to catalyze long-term economic growth by selecting, mentoring, and accelerating the best high-impact entrepreneurs around the world. To date, Endeavor has screened more than 40,000 entrepreneurs and selected over a thousand individuals leading more than 650 high-impact companies in the 22 markets where it operates. To learn more about the companies and entrepreneurs selected in Riyadh, please visit Endeavor