Halalbooking raises $5m investment to expand footprint 

UK-based Muslim travel agency Halalbooking has raised $5 million from Dutch investment firm Capital Mills to expand its global footprint. 

The non-dilutive investment deal comprises $3 million received at the end of September, and the residual over the coming year. 

The funds will help accelerate the company’s global growth and scale its technology, the company said in a statement. 

Halalbooking recorded $28.8 million in third quarter sales, up 25% year-on-year. It achieved a gross booking volume of $70 million year-to-date, as of September-end. 

“Over the next few months, we will accelerate our growth rate to prepare for a larger $20-30 million institutional equity round we are targeting in 2026” said CEO Elnur Seyidli.

“Our goal is to make halal-friendly travel accessible for all, and with the support of Capital Mills, we are ready to drive innovation and reach even more customers across key markets in Europe, the Middle East, and beyond.”

Established in 2014, Halalbooking has facilitated bookings across more than 16,000 hotels in over 100 countries over the past year. It reported $75 million in annual sales last year. 

The company raised $2.5 million in Series B round, at a company valuation of $102 million.