FundedIQ
Sports

Armah Sports: Funding, Investors & Team (Sep 2026)

Armah Sports will deliver the new generation of fitness clubs in Saudi market, a fully integrated "Smart Club" through two brands: OPTIMO (High-end) and B_FIT (Premium).

armahsports.com LinkedIn Riyadh, Saudi Arabia 251-500 employees
Fitness Sports B2B
Total raised
$77.2M
Rounds
2
Latest
Undisclosed round
May 2026

Armah Sports has raised $77.2M across 2 funding rounds on record, the most recent an undisclosed round of $29.3M announced in May 2026.

That round is above the $1.6M median round size for Sports companies tracked on FundedIQ over the last two years.

Armah Sports Company Profile and Key Stats

Total funding raised
$77.2M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$29.3M in May 2026
Employees
251-500
reported band
Headquarters
Riyadh, Saudi Arabia

Latest funding round on record: May 2026.

Armah Sports Funding Rounds

Date
Round
Amount
Undisclosed round
$29.3M
Undisclosed round
$47.9M

Armah Sports raised $47.9M in an undisclosed round announced in Nov 2024.

1.5 years later, an undisclosed round of $29.3M was announced in May 2026.

Armah Sports Founders and Leadership Team

Name
Role
Contact
Abdulmalik Al Hagbani
Founder
Locked
Fahad Alhagbani
Founder
Locked

Contact details for the Armah Sports team: 1 of 2 have an email address on file, 1 has a LinkedIn profile.

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Armah Sports Funding Compared to Other Sports Startups

Segment
Companies
Median round
111
$1.6M
237
$4.3M

Armah Sports' latest round of $29.3M is above the median round in Sports. Medians cover the last 24 months of disclosed rounds.

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Armah Sports Funding FAQs

What does Armah Sports do?

Armah Sports will deliver the new generation of fitness clubs in Saudi market, a fully integrated "Smart Club" through two brands: OPTIMO (High-end) and B_FIT (Premium).

How much funding has Armah Sports raised?

Armah Sports has raised $77.2M across 2 rounds on record. The most recent is an undisclosed round of $29.3M announced in May 2026.

When did Armah Sports last raise funding?

Armah Sports' most recent funding round on record is an undisclosed round of $29.3M, announced in May 2026.

Who founded Armah Sports?

FundedIQ lists Abdulmalik Al Hagbani (Founder), Fahad Alhagbani (Founder) at Armah Sports.

Where is Armah Sports headquartered?

Armah Sports is based in Riyadh, Ar Riyad, Saudi Arabia.

How many employees does Armah Sports have?

Armah Sports is in the 251-500 employee band.

How does Armah Sports' funding compare to other Sports startups?

Armah Sports' latest round of $29.3M is above the $1.6M median round size for Sports companies on FundedIQ across 111 tracked companies over the last two years.

About FundedIQ's Armah Sports Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Armah Sports is left off this page rather than filled in.

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