Top 50 SaaS VC (Venture Capital) Funds in Saudi Arabia in October 2023
Top 50 SaaS VC (Venture Capital) Funds in Saudi Arabia in October 2023
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Wa’ed Ventures is the venture capital arm of Saudi Aramco Entrepreneurship Center (Wa’ed), established by Saudi Aramco with the vision of igniting the spirit of entrepreneurship in the Kingdom of Saudi Arabia. Wa’ed has deployed a suite of programs over the years to assist entrepreneurs in establishing, enhancing, or expanding their ventures. Theseprograms comprise development and financial support including business incubation, coaching and training to guide and nurture entrepreneurs along different business stages, seed funding, non-collateral loans, venture capital (equity/debt) investment, and business development. These programs support the development of small- and medium-sized enterprises (SMEs) capable of localizing industries and diversifying the Kingdom’s economy. Wa’ed also collaborates and engages with key players in order to create an effective entrepreneurship ecosystem.Wa’ed aspires to provide leadership in promoting entrepreneurship to support economic growth, diversification, and social development in Saudi Arabia, in alignment with the Kingdom’s strategic thrust into moving towards a knowledge-based economy. The organization aims to turn innovative ideas into successful projects, create and support sustainable SMEs, and develop entrepreneurs into successful business owners.Wa’ed Ventures aims to fuel the growth of high potential companies, thereby promoting economic development in Saudi Arabia with job creation for Saudi nationals, technological improvement, knowledge transfer, economic diversification, and economic growth within the Kingdom. The firm focuses on seed, early, and growth-stage businesses across a diverse range of sectors including information and communication technology (ICT), energy, manufacturing, healthcare, and services – from mobile application platforms and technologies to industrial equipment manufacturing to advanced software solutions.
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- Information Technology, Software, Intelligent Systems
- Series A, Seed, Funding Round
- Saudi Arabia, India, Luxembourg
Portfolio highlights
- ELEVATUS — Hire the world's best talent with our award-winning recruitment software, Elevatus. Recruit a talented workforce that will help your company succeed and grow.
- OQ TECHNOLOGY — OQ Technology's Satellite 5G IoT - The world's first global satellite 5G operator, that can collect data from more than 1000 sensors, and so providing cellular coverage for assets and machines anywherer in the world.
- MANAFA Capital — MANAFA is an online marketplace for investing equity into innovative, early-stage companies. It provides sophisticated investors free access to direct investment opportunities, diligence tools and industry data insights for an asset class that was previously very difficult to access. For entrepreneurs, MANAFA offers an efficient way to access anetwork of sophisticated investors as well as leading partners.
We partner with exceptional founders building breakthrough companies and creating scalable impact in MENA region
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- E-Commerce, Software, Financial Services
- Seed, Series A, Pre-Seed
- Saudi Arabia, United Arab Emirates, Egypt
Portfolio highlights
- Mozn — Confidently screen customers, monitor transactions and assess risk with powerful AI and seamless automation.
- Sylndr — Sylndr is an automotive focused e-commerce marketplace bringing innovation to the used-cars market, where customers can reliably and transparently sell and buy used cars. The company is aiming to build trust in the used-car market by becoming the go-to place for customers seeking to sell and buy their cars, through an extensive range ofhigh-quality used vehicles accessible across a diverse set of financing solutions.
- Wafeq وافق — Send invoices or purchase orders, manage your inventory and your payroll, and get over 30 reports to manage your company, all in one software.
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Show more...Investment focus
- E-Commerce, Financial Services, Predictive Analytics
- Seed, Series A, Funding Round
- Saudi Arabia, United Arab Emirates, Oman
Portfolio highlights
- Zid زد — Zid is an e-commerce in a box - solution that any retailer can use to start their eRetail. Zid helps them to build their own eStores (with their own name and identity) and integrates them with the supply chain players to enable them to manage and with ease. The company aims to enable the retail sector to enter the world of electronic retail in aneasy and professional.Zid was founded in 2017 and based in Riyadh, Ar Riyad, Saudi Arabia.
- DataLexing — DataLexing is an All-in-One Data-Driven productivity platform that brings Insights, Apps, Notifications, Forms, and Sheets together in one place.
- Al Matar Group — Al Matar Group provides individuals and businesses with technical travel solutions.
A group of young entrepreneurs to connect young people with ideas.
Show more...Investment focus
- E-Commerce, Information Technology, Marketplace
- Seed, Pre-Seed, Series A
- Saudi Arabia, United Arab Emirates, Egypt
Portfolio highlights
- AlGooru — AlGooru is a tutoring network marketplace that connects students with qualified tutors on a mobile app. Our mobile app uberizes the tutoring market. Students can find reliable tutors, and tutors can manage their sessions/price their own rates.
- Letswork — Work, meet and connect from the best coworking spaces, cafes and hotels across the UAE and Bahrain. Buy a membership, book meeting rooms or rent an office via the Letswork app.
- Otida — Otida is an app that acts as a nutritionist, a fitness coach and physician, among other roles, for patients with diabetes who struggle while navigating through their day-to-day lives.
Vision Ventures (VV) is an early stage venture capital firm founded by experienced entrepreneurs. Its slogan is:"By Entrepreneurs for Entrepreneurs". We invest in innovative startups in the Seed and Series A across a wide range of verticals. We help startups realize their dreams and make a difference in a noisy world. We are an energeticteam that has a wealth of experience in starting companies and steering them to success and hyper growth. Our combined experience spans over 90 years in multiple countries which gives us extensive experience in multi-national, multi-cultural teams. We provide startups with hands on assistance and guidance on marketing, sales, product/service development, financial planning and management, expansion & growth strategy, and more.
Show more...Investment focus
- E-Commerce, Software, Information Technology
- Seed, Series A, Funding Round
- Saudi Arabia, United Arab Emirates, Egypt
Portfolio highlights
- Haseel — The new concept to meet your needs of vegetables and fruits selects you the best crops and the best prices in a way that is consistent with your digital age.
- Nearpay — Focus On Building Deep Technology To Create Innovations
- RedBox — Don't wait for drivers to deliver your packages! Instead, use RedBox lockers to ship your packages and collect them at your convenient time. No human contact!
SEEDRA Ventures invests in companies from the very first stages of inception to Series-A and beyond, providing financing and hands-on development support.
Show more...Investment focus
- Predictive Analytics, FinTech, Financial Services
- Seed, Series A, Pre-Seed
- Saudi Arabia, Egypt, United States
Portfolio highlights
- Kaso — Elkaso is the leading Order and Procurement Management Tool for Restaurants and Suppliers in the Middle East.
- Gameball — Gameball is a one-stop platform to market your products and keep your customers engaged, leading to boosted conversion and increased RoI with a data-driven success strategy.
- Agel — Agel aim at reshaping the traditional financial services business model, operational model and customer experience to unlock a unique finance avenue for (“MSMEs”), with a core preposition of availing industry-agnostic merchandise credit limit for Merchants within Agel network in a manner that is Digital, Cashless and Sharia compliant, aligning withthe UN Global (“SDG”) goals, and Egypt’s 2030 plan towards financial inclusion and sustainability.our goals are: - Empowering MSMEs growth, - Accelerating Financial Inclusion, - Eradicating Informal Economy, - Raising Financial literacy
STV is a $500M technology venture capital fund headquartered in Riyadh, Saudi Arabia
Show more...Investment focus
- E-Commerce, Predictive Analytics, Financial Services
- Series A, Seed, Series B
- Saudi Arabia, United Arab Emirates, United States
Portfolio highlights
- qlub — Qlub is the fastest, most secure form of digital menu & contactless payment for customers at restaurants, clubs & lounges.
- Tabby — With Tabby, you can split your purchases into 4 interest-free payments at your favourite stores. Download the Tabby app to get started.
- Floward — Send fresh flowers and a variety of gifts online with Floward. Browse through our numerous products and get same-day flowers delivery
SVC has backed 31 VC and PE Funds and 5 Angel Groups that supported 525 Startups and SMEs via $1.6 Billion AUM INVESTMENTS 1.
Show more...Investment focus
- E-Commerce, Predictive Analytics, Software
- Seed, Series A, Series B
- Saudi Arabia, Germany, United States
Portfolio highlights
- BARQ — BARQ is the first bullet delivery PaaS in the middle east, leading the e-commerce industry to achieve a 30 min. delivery time.
- BALLURH — A SaaS platform that provides predictive analytics with smart recommendations for Retailers to enhance decision-making, increase revenue and improve customer satisfaction.
- Lawazem | لوازم — It is the first B2B marketplace that is especially made to solve that problem. Lawazem consolidates all your operational purchases and spending in one place, whether it is groceries, stationary, cleaning materials, office accessories, or else.We go beyond to make your work environment even better, by providing gift and flower deliveries to youremployees and clients, arrange for internal events, and prepare for your guest and internal meetings through our hospitality partners.Finally, we even help in becoming your concierge for your international purchases, online purchases that require Credit Cards, and help you improve your sourcing process.Lawazem is here to help you anytime and every time.
Shorooq Partnersis the leading tech investor in the region, inspired by the best entrepreneurs, investors and practices from around the world.
Show more...Investment focus
- Financial Services, E-Commerce, FinTech
- Seed, Series A, Pre-Seed
- United Arab Emirates, Pakistan, United States
Portfolio highlights
- Dtonic — Efficient Spatio-Temporal Big Data Processing across Smart-X Industries
- The Food Lab — The Food Lab is a cloud kitchen platform but describes itself as an infrastructure company for restaurants in Egypt — about 400,000 in number — in the food & beverage (F&B) space. The company provides a full suite of end-to-end services, including cloud kitchen (kitchen as a service) and procurement.
- Retailo Technologies — Retailo is an online regional B2B marketplace platform that serves small and medium-sized retail businesses, including kiryana and baqala stores, in the MENAP region. We are using technology to digitize and streamline the retail sector to make it more efficient.
The Saudi Arabian Oil Company (Saudi Aramco) is the state-owned oil company of the Kingdom of Saudi Arabia. It ranks first among oil companies worldwide in terms of crude oil production and exports, and natural gas liquids (NGL) exports, and is among the leading producers of natural gas. It is also known as refiners and are moving furtherdownstream into chemicals production.The company was founded in 1930 and is headquartered in Dhahran, Saudi Arabia.
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- Energy, Oil and Gas, Information Technology
- Seed, Series A, Series B
- Saudi Arabia, United States, China
Portfolio highlights
- TipRanks — TipRanks stock market research and analysis, lets you see the track record and measured performance of any analyst or blogger, so you know who to trust!
- Rongsheng Petrochemical — Rongsheng Petrochemical produces, markets, and sells petrochemicals, chemical fibers, and other related products in China and internationally. It offers synthetic fibers and films, including fiber and film grade polyester chips, bottle grade polyester chips, polyester pre-oriented yarns, draw textured yarns, fully drawn yarns, and PET films;synthetic raw materials, such as purified terephthalic acids, ethylene oxides, triethylene glycol, diethylene glycol, ethylene glycol, and P-xylene; and synthetic resins comprising ethylene-vinyl acetate copolymers, high density polyethylene, low-density polyethylene, and polypropylene. Rongsheng Petrochemical also provides olefins consisting of butene-1, hexene-1, butadiene, propylene, and ethylene; aromatics and phenols, including cumene, acetone, phenol, styrene, ethylbenzene, xylene, mixed aromatics, methylbenzene, and purified petroleum benzine; and acrylonitrile and special chemical products, such as dimethyl carbonate, methyl methacrylate, polycarbonate, bisphenol A, acetonitrile, and acrylonitrile. Moreover, it offers intermediate and chemical raw materials comprising iso-butane, n-butane, petroleum cokes, liquid argons, liquid ammonia, methanol, liquid petroleum gas, isooctane, methyl tert-butyl ether, industrial hexane, pentane foamer, industrial aromatic hydrocarbons, high-flash aromatic naphthas, ethylene bottom oils, splitting decomposition C9 and C5, and sulphur; and oil products, such as jet fuels, diesel, and gasoline. Rongsheng Chemical Fiber Group that began operation in 1995 became Rongsheng Petrochemical in September 2007. It has its headquarters in Hangzhou in China as a subsidiary of Zhejiang Rongsheng Holding Group.
- Geely-Renault Powertrain Co. — Geely-Renault Powertrain Co. develop and supply hybrid and internal combustion engines (ICE). It's a joint venture between Geely and Renault.
VentureSouq operates a large co-investment platform with a global investment portfolio.
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- FinTech, Financial Services, Software
- Seed, Series A, Series B
- United States, United Arab Emirates, Saudi Arabia
Portfolio highlights
- D3 — D3 - DNS Domains for Web3
- Silkhaus — A seamless, sophisticated experience you can rely on. Choose from the wide variety of furnished Boutique Flats and apartments for short and long-term stays from Silkhaus.
- Metriport — Metriport helps digital health companies access and manage patient health and medical data, through an open-source and universal API.
Arzan Venture Capital (Arzan VC) is a Kuwait-born VC firm that has been investing in startups with a MENA angle since 2014, making it one of the earliest VC firms in the region. Arzan VC's portfolio includes 30+ startups. The firm invests in young, fast-growing and innovative tech teams and it remains committed to building long-lastingrelationships with the region’s most talented entrepreneurs at an early stage.
Show more...Investment focus
- Software, E-Commerce, SaaS
- Seed, Series A, Series B
- United Arab Emirates, Egypt, Saudi Arabia
Portfolio highlights
- Zid زد — Zid is an e-commerce in a box - solution that any retailer can use to start their eRetail. Zid helps them to build their own eStores (with their own name and identity) and integrates them with the supply chain players to enable them to manage and with ease. The company aims to enable the retail sector to enter the world of electronic retail in aneasy and professional.Zid was founded in 2017 and based in Riyadh, Ar Riyad, Saudi Arabia.
- Gameball — Gameball is a one-stop platform to market your products and keep your customers engaged, leading to boosted conversion and increased RoI with a data-driven success strategy.
- Money Fellows — MoneyFellows digitizes the ROSCA model, enabling group lending and savings.
Riyad TAQNIA Fund (RTF) is a venture capital fund investing in early stage technology companies around the globe. The fund is interested in post-revenue Seed through Series-B opportunities. RTF was founded by Riyad Capital Co. and TAQNIA and is backed by leading Saudi institutional investors.
Show more...Investment focus
- Information Technology, Artificial Intelligence, Internet
- Series A, Seed, Series B
- Saudi Arabia, United Arab Emirates, Jordan
Portfolio highlights
- Haseel — The new concept to meet your needs of vegetables and fruits selects you the best crops and the best prices in a way that is consistent with your digital age.
- TruKKer — TRUKKER is one of the leading names of logistics & transportation companies in UAE, KSA, Egypt & across the GCC. We offer logistics & transport & truck rental services in the MENA Region. Call us on +971 600-524642.
- Eureka — Discover Eureka AI our App measurement tools and how we help you grow in the Digital economy
Derayah Venture Capital is a Venture Capital Fund That Invests in High Growth Startups across the MENA region.
Show more...Investment focus
- Predictive Analytics, Financial Services, FinTech
- Seed, Series A, Series B
- Saudi Arabia, United Arab Emirates
Portfolio highlights
- Eat App — Powerful restaurant reservation and guest management system. Flexible enough to use at both small and large restaurants. Sign up today. It's free!
- Dawul — Dawul is a platform that allows investors to share details of the financial status of their portfolios with other investors.
- Sanad Cash — faster reconciliation and books closing
Khwarizmi Ventures is a venture capital firm that seeks investments in startups with a passion for algorithms. It seeks to help create their vision, as they embark on a journey together that aligns their goals to improve quality of life using technology powered by algorithms.Ever since its launch in 2018, it has seed funded startups, assistedfounders, and scaled up several companies.
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- E-Commerce, Software, FinTech
- Seed, Series A, Pre-Seed
- Saudi Arabia, Egypt, United Arab Emirates
Portfolio highlights
- erad — erad provides growth capital to online businesses. Connect your analytics and receive funding offers, for non-dilutive capital within 48 hours
- Baytonia — Baytonia is an E-commerce marketplace that is dedicated to customer happiness and consistently provides exceptional value in the form of distinctive and high-quality homeware collections.
- Dastgyr Technologies — Making trade and capital seamless and reliable
Nama Ventures is a seed stage venture capital fund focused on fueling innovation in the MENA region, particularly in Saudi Arabia. ama Ventures is built upon the fundamental idea of enabling entrepreneurs to succeed. And as founders of Nama, we are thrilled to finally have the platform to implement this idea. Our hope is that entrepreneurs willingto partner with us will see and feel our value-add approach to investing.
Show more...Investment focus
- E-Commerce, Information Technology, Marketplace
- Pre-Seed, Seed, Funding Round
- Saudi Arabia, Egypt, United Arab Emirates
Portfolio highlights
- Cargoz — Cargoz is a logistics startup that connects SMEs looking for warehousing space with warehousing companies who has extra capacity, like Airbnb but for commercial warehousing & storage.
- Muqbis — As the word Muqbis means, our main job is to connect talented hands and home based businesses to their targeted customers and support them to grow their businesses hassle free. On the other hand Muqbis opens a wide market to support customers find “the made with love home products and services” they look for and compare varieties, prices and findnearby providers. In Muqbis we believe that world is changing, life patterns are changing and for sure work styles are changing and we are here for it.
- Messenger — Messenger is a one-stop logistics platform that finances and aggregates end-to-end logistics and supply chain operations in order to assist businesses and logistics asset owners in achieving an efficient supply chain framework.
We build successful and sustainable enterprises from the ground up by capitalizing on our expertise, resources and network.We carefully select, validate and launch bold ideas that are then turned into full-fledged spun-off businesses. While every successful venture is different, there is one thing, that connects all of them – right timing.Timeis the key and the most important resource for every enterprise. That’s why we designed our own venture building process that allows fast delivery. We use our own expertise and vast network of resources to create business plans, develop the products, launch them on the market, and grow them. - Generate our own VenturesWe build startups that solve problems through an inhouse continuous, dynamic and selective ideation process. We secure financing to make sure our ventures can grow without barriers.- Build Ventures With PartnersWith our robust ecosystem we partner up with external entrepreneurs and other companies that have amazing ideas we can help them develop into successful and sustainable businesses.
Show more...Investment focus
- Apps, Mobile Apps, Industrial Automation
- Seed, Pre-Seed
- Saudi Arabia
Portfolio highlights
- Tygo — Tygo is the telecommunications services and marketing platform.
- Conix.ai — CONIX.AI is an AI platform (SaaS) created to offer fully complete solutions for the architectural designing of residential and commercial properties. The cloud-based SaaS platform is accessible from anywhere worldwide and can provide detailed 2D plans, 3D plans, Facades, working drawings (electricity & water), utility data, sustainabilityadvice and more for construction planning.By accessing CONIX.AI, real estate companies will have at their fingertips in few minutes different iterations of architectural designs for their new construction projects previously impossible to attain without significant investments into architectural firms and wouldn't be delivered in less than 4-6 weeks. This level of visualisation will allow companies a time-conscious suite of tools that can allow them to build faster, build smarter, build greener!https://youtu.be/bskgguh3U-A
- AtarCloud — AtarCloud is a mobile app featuring financial management, leasing, service management, HOA and user management, and marketing. In addition to providing a multi-platform, multi-interface system, the company assists all stakeholders in an intuitive manner by providing a multi-platform, multi-interface system that caters to the needs of allstakeholders involved in the property sector.
We back global-minded, growth-stage and technology-focused founders in emerging markets and the world.
Show more...Investment focus
- Health Care, FinTech, Financial Services
- Series A, Seed, Series B
- United Arab Emirates, Egypt, United States
Portfolio highlights
- Hakbah — Hakbah is a Fintech startup focusing on an alternative financial saving. Hakbah is modernizing financial saving via its intelligent platform by offering a comprehensive one-stop-shop solution for Savings Groups to initiate, manage, join, and pay directly within the mobile app.
- Yodawy — Yodawy is an online pharmacy and insurtech startup that allows customers to order pharmaceuticals and cosmetics via a mobile app and have those delivered through a network of 500+ pharmacies across Egypt. Insurance and copayment benefits are automatically applied with four major insurance carriers onboarded thus far and more in the pipeline.
- Helium Health — Helium Health empowers healthcare providers in Africa with digital tools, financing solutions, and data partnerships. Learn more about our innovative solutions.
Backing outlier founders in MENA & the US at the earliest stages
Show more...Investment focus
- E-Commerce, Information Technology, Predictive Analytics
- Seed, Series A, Pre-Seed
- Egypt, Saudi Arabia, United States
Portfolio highlights
- Kenzz — Kenzz is an e-commerce platform bringing shopping to the mass market in Egypt and MENA.
- FlapKap — FlapKap is a company revolutionizing e-commerce and SaaS growth in the MEA region.
- Amwal Tech — The fastest and most secure way to accept payments online
Wamda Capital is the MENA region's leading venture capital firm investing in exceptional entrepreneurs building the region's most promising high growth technology businesses. We invest both at the growth and seed stages with the aim of taking portfolio companies through successive rounds of financing through to exit.
Show more...Investment focus
- E-Commerce, Internet, Financial Services
- Seed, Series A, Series B
- United Arab Emirates, Jordan, Turkey
Portfolio highlights
- BitOasis — BitOasis is MENA's leading platform that allows you to securely buy, sell and trade crypto assets like Bitcoin, Ether, XRP and Bitcoin Cash at the best rates. Currently available in UAE, KSA, Bahrain, Kuwait, Oman, Jordan, Egypt and Morocco.
- Believe — Believe Pte Ltd. is a global, Singapore-based FMCG conglomerate that provides market-ready solutions for customers by listening to their needs and designing products that suit their culture and life choices. From breakthrough personal care essentials to beauty products surpassing global standards, our worldwide team of experts use cutting-edgetechnology, scientifically proven methodologies and ancient knowledge to gift our customers
- Wafeq وافق — Send invoices or purchase orders, manage your inventory and your payroll, and get over 30 reports to manage your company, all in one software.
Sukna ventures is a venture studio and fund based in Saudi Arabia.
Show more...Investment focus
- Information Technology, Financial Services, SaaS
- Seed, Series A, Funding Round
- Saudi Arabia, United Arab Emirates, United States
Portfolio highlights
- Dawul — Dawul is a platform that allows investors to share details of the financial status of their portfolios with other investors.
- Mozn — Confidently screen customers, monitor transactions and assess risk with powerful AI and seamless automation.
- Marn.io — Marn is an hourly work solutions platform connecting Saudi businesses with thousands of Saudi job seekers in Retail, hospitality, F&B, and Hajj industries. As one of the first Saudi on-demand hourly staffing platform, Marn has had the trust of hundreds of well-known brands and hundred thousands of job seekers. Marn enables businesses to hirehourly staff to manage customers during peak hours and high seasons. All employees are fully vetted through interviews and tests that are prerequisites for joining the platform. Brands using Marn for recruiting save time and effort by letting our technology manage interviews, training, placement, shift scheduling, worker payments, performance reports, and task evaluation. Marn offers other services such as mystery shopper for hotels and retail, and sports events management.Learn more at Marn.io
Saudi technology investment company established in 2005. We invest in growth stage tech startups in Saudi Arabia & Middle East North Africa (MENA) region
Show more...Investment focus
- E-Commerce, Software, Predictive Analytics
- Series A, Funding Round, Seed
- United Arab Emirates, Saudi Arabia, Jordan
Portfolio highlights
- MBUZZ — MBUZZ servers, storage devices, and software are deployed by clients to digitally transform their services. To ensure that their customers' critical applications run constantly, perform properly, and grow with business needs, they offer a range of hardware, software, analytics, and services.
- Merit Incentives — Merit Incentives provides gifts, rewards, and engagement strategies using innovative technologies in the MENA region.
- Retailo Technologies — Retailo is an online regional B2B marketplace platform that serves small and medium-sized retail businesses, including kiryana and baqala stores, in the MENAP region. We are using technology to digitize and streamline the retail sector to make it more efficient.
Elm
Show more...Investment focus
- E-Commerce, Internet, SMS
- Series A, Seed, Series B
- Saudi Arabia
Portfolio highlights
- Zid زد — Zid is an e-commerce in a box - solution that any retailer can use to start their eRetail. Zid helps them to build their own eStores (with their own name and identity) and integrates them with the supply chain players to enable them to manage and with ease. The company aims to enable the retail sector to enter the world of electronic retail in aneasy and professional.Zid was founded in 2017 and based in Riyadh, Ar Riyad, Saudi Arabia.
- Cura — Cura Healthcare is a Saudi leading telehealth provider that provides digital health and telemedicine software and services. The company has developed state-of-the-art technologies to empower health communications, changing the way patients and doctors interact, diagnose, prescribe, give second opinions, manage chronic diseases, and provide primaryhealth care and well-being therapy sessions. For more information: https://cura.healthcare/en/
- Syarah — Syarah is an online cars marketplaces.
Technology VC that empowers GCC’s startups in their early-growth stages.
Show more...Investment focus
- FinTech, Software, Predictive Analytics
- Seed, Series A, Pre-Seed
- United Arab Emirates, Saudi Arabia, Egypt
Portfolio highlights
- Torod — Torod is an API aggregator that enables E-store owners to select the best shipper based on price, insurance, destination, and item value, with a single click set-up.
- Kaso — Elkaso is the leading Order and Procurement Management Tool for Restaurants and Suppliers in the Middle East.
- El-Dokan — El-Dokan is the first enterprise eCommerce software designed for large and growing retail stores in MENA to help them optimize their operations and improve their sales conversion.
SVCIC is uniquely positioned to lead the development of the nascent venture capitalindustry in Saudi Arabia by providing unmatched levels of support for fundamentally strong small-to-medium enterprises (SMEs) that lack the necessary resources for growth and expansion.
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- E-Commerce, Internet, Predictive Analytics
- Seed, Series A, Series B
- Saudi Arabia, Tunisia
Portfolio highlights
- Pi Flow — Pi Flow operates as an accounting services provider. Pi Flow is a dedicated Virtual accounting team that offers bookkeeping services and strives to enhance the quality of our client's books.
- DokkanAfkar — DokkanAfkar.com was created by a group of passionate guys who love and appreciate creativity, design and ideas. It was created to enable customers to buy cool unique products with ideas that are fun, unusual and unique. Our products have a focus on fun, uniqueness, defiantly clever, and entertaining products.
- Nana — Nana is an online grocery platform that provides doorstep deliveries of groceries and other home essentials. The company's platform offers a wide assortment of groceries, fruits, and vegetables, cosmetics, electronics, bakery items, and flowers that enables consumers to purchase products online and get them delivered to their homes.Nana wasestablished in 2016 and is headquartered in Riyadh, Ar Riyad, Saudi Arabia.
Wealth Well is an investment and wealth management firm that manages assets across real estate, private equity, and venture capital. The Riyadh, Riyadh-based firm was founded in 2015.
Show more...Investment focus
- FinTech, Financial Services, Predictive Analytics
- Seed
- Saudi Arabia, United Arab Emirates
Portfolio highlights
- Tamara — Tamara is a fintech startup that offers a buy now, pay later platform that enables customers to pay on an installment basis, helping merchants to grow their sales. It specializes in the fields of financial services, fintech, and mobile apps.In 2020, Abdulmajeed Alsukhan, Turki Bin Zarah, and Abdulmohsen Albabtain co-established the company inRiyadh, Ar Riyad, Saudi Arabia.
- RemotePass — RemotePass makes it easy to hire, onboard & pay your global team in full compliance, giving you everything you need to support them
- Mala'a Technologies — Make better financial decisions with Malaa. Manage your financials, track your expenses, take a loan or invest your money all from one app. Connect you bank accounts and start today
Class 5 Global is a venture fund investing in the next generation of emerging market entrepreneurs.
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- FinTech, Financial Services, Finance
- Seed, Pre-Seed, Series A
- United States, Singapore, United Arab Emirates
Portfolio highlights
- SoBanHang — SoBanHang helps small and micro businesses build online stores, reach more customers and manage cashflow effortlessly on smartphones
- Prota Games — Prota Games is the most popular eSports learning platform of Brazil with League of Legends and Fortnite Classes
- Field Materials, Inc. — Increase Margins and Cut Costs with Digital Procurement
Elm offer a wide range of ready-made and customized digital solutions in many areas. The company provides products that are seemingly tailored to customers' needs and aspirations.
Show more...Investment focus
- Retail, Internet, Software
- Seed, Series B
- Saudi Arabia
Portfolio highlights
- Zid زد — Zid is an e-commerce in a box - solution that any retailer can use to start their eRetail. Zid helps them to build their own eStores (with their own name and identity) and integrates them with the supply chain players to enable them to manage and with ease. The company aims to enable the retail sector to enter the world of electronic retail in aneasy and professional.Zid was founded in 2017 and based in Riyadh, Ar Riyad, Saudi Arabia.
- Carefer — Carefer is a cloud-based management software that provides automated operations to increase fleet maintenance efficiency.
- FlyAkeed — FlyAkeed is combining multiple definitions into one: "Online Travel Agency", "Travel Management Company", and “Expense Management Solution”. It offers comprehensive travel services and innovative solutions for corporates and their employees to help them achieve the ultimate booking experience when traveling for work.
Derayah Financial is a financial services firm that has built and operates the first mutual fund supermarket in Saudi Arabia.
Show more...Investment focus
- Marketplace, Information Technology, Food and Beverage
- Seed, Series A, Pre-Seed
- Saudi Arabia, United Arab Emirates
Portfolio highlights
- Eat App — Powerful restaurant reservation and guest management system. Flexible enough to use at both small and large restaurants. Sign up today. It's free!
- Sary — Sary is a B2B marketplace for wholesale, groceries, stores, offices, cafes, restaurants, and hotels in Saudi Arabia and Egypt. Shop for your business from a wide range of suppliers and distributors in one place. Get the best wholesale market prices, various items, great sales deals, offers, and discounts, fast delivery, order tracking, online payment, and cash on delivery with one click
- Speero — Speero is an automotive spare part market place.
BECO Capital provides growth capital and hands-on operational support for early-stage technology companies. It is a technology-focused venture capital that supports entrepreneurs and financial sectors to raise funds.The company helps small companies with growth capital and hands-on operational mentorship in their early stage of development. Itwas founded in 2012 and is based in Dubai, United Arab Emirates.BECO Capital was founded on February 1, 2014, by Dany Farha and Amir Farha, and it is headquartered in Dubai.
Show more...Investment focus
- E-Commerce, Financial Services, Information Technology
- Seed, Series A, Series B
- United Arab Emirates, United States, Egypt
Portfolio highlights
- MaxAB — The Region's Leading Retailer Super App At MaxAB, we change how the supply chain works through our B2B food & grocery e-commerce platform At MaxAB, we change how the supply chain works through our B2B food
- Kemet Trading — Kemet Trading provides institutional-grade infrastructure for digital asset derivatives trading; optimizing access to liquidity, data, trade execution and post-trade workflows.
- Pine Street Labs — A non-custodial API for managing wallets. Built for enterprises.
Venture Capital Company based in Riyadh, Saudi Arabia that Invests in Seed & Early-Growth stage companies
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- Information Technology, Internet, Wearables
- Seed, Convertible Note
- Saudi Arabia, United Arab Emirates
Portfolio highlights
- Salla — Salla a Saudi-based e-commerce platform that allows users to set up their e-commerce store in Arabic and sell their products and services to customers. In addition, users can set up their own branded store (with their own domain name) by selecting a design of their liking available on Salla. The owners of the e-commerce stores can then manage theirinventory by using Salla’s website or app. Salla provides different types of reports and tools that help store owners with automatic invoices, integration, Instagram, customer database, the ability to block customers, pin favorite products, have offers and discounts, and more.
- Gathern — Gathern is a booking platform of private villas, chalets, rest houses, camps, resorts, farms and other places suitable for gatherings.
- WakeCap Technologies — WakeCap Technologies RTLS is an IoT-based enterprise solution designed to support the digitization process of work sites, Construction, Oil and Gas, Industrial, Manufacture.
Butterfly Ventures is a seed-stage focused VC in the Nordics, investing in deep tech, hardware, and hardware interfacing software. The company prefers to get involved with companies early on; 80% of Butterfly Ventures portfolio companies don't have any revenue at the time of their entry. Butterfly Ventures was founded in 2012 and ever sincethen it has been one of the most active early stage VCs in the region. The company has offices in Oulu, Helsinki and Stockholm.
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- Health Care, Software, Information Technology
- Seed, Funding Round, Pre-Seed
- Finland, Sweden, Norway
Portfolio highlights
- Reactional Music — GESTRUMENT is the revolutionary gesture based instrument.
- EmbeDL — Efficient Deep Learning for Embedded Systems
- Retein — Aquammodate is a greentech company that produces highly pure water at minimum energy cost.
AgFunder invests in impactful companies that can positively transform the world's food system. Founded in 2013, AgFunder manages a portfolio of over 50 companies across four funds from offices in Silicon Valley and Singapore. Through its media platform AFN, it has built a global ecosystem of over 90,000 subscribers.
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- Agriculture, AgTech, Biotechnology
- Seed, Series A, Series B
- United States, United Kingdom, India
Portfolio highlights
- Azaneo — Azaneo develops lightning-fast electric weeding technology. Using only electrons - herbicide free.
- Atinary — Atinary is an end-to-end AI, machine learning, robotics, and cloud computing technology platform for digitizing R&D operations.
- Nium — Nium is creating nanotechnology that has a patent application, significantly reducing temperature, pressure, and overall emissions to produce cleaner, cooler, and greener ammonia. They formed carbon 13 for the climate emergency.
MEVP is a Middle East-focused venture capital firm that invests in the early and growth stages of innovative tech companies run by talented entrepreneurs in the Middle East with a focus on the GCC and Levant countries. With a team of 20 VC professionals across offices in Dubai, Beirut, Bahrain, Abu Dhabi, and Riyadh, MEVP manages 5 regional funds with more than USD 260 million in Assets Under Management. MEVP is the largest and most established VC firm in the region, with clear cross border investment appetite.
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- E-Commerce, Software, SaaS
- Series A, Seed, Series B
- United Arab Emirates, Lebanon, United States
Portfolio highlights
- invygo — Invygo is MENA's first & largest car subscription service creating accessible mobility options through an all-inclusive monthly subscription, all in a seamless app-based experience.For consumers: we provide them access to passenger cars without any financial burdens through a customizable month-to-month subscription through a mobile appFor Dealers: through our technology, they get access to a new business model that helps them generate revenue and reduce their depreciation and operational cost The company was founded in 2018 by Eslam Hussein and Pulkit Ganjoo in Dubai, UAE.
- Yodawy — Yodawy is an online pharmacy and insurtech startup that allows customers to order pharmaceuticals and cosmetics via a mobile app and have those delivered through a network of 500+ pharmacies across Egypt. Insurance and copayment benefits are automatically applied with four major insurance carriers onboarded thus far and more in the pipeline.
- Money Fellows — MoneyFellows digitizes the ROSCA model, enabling group lending and savings.
Investing in privately owned, profitable, high growth, medium sized UK companies.
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- B2B, Retail, Software
- Seed, Series A, Private Equity
- Saudi Arabia, United States
Portfolio highlights
- Retailo Technologies — Retailo is an online regional B2B marketplace platform that serves small and medium-sized retail businesses, including kiryana and baqala stores, in the MENAP region. We are using technology to digitize and streamline the retail sector to make it more efficient.
- Complete Business Solutions — Complete Business Solutions provides affordable business solutions for accounting, payroll, human resource, and personnel needs.
Abunayyan Holding are turnkey partners who provide integrated solutions in water, power and energy applications in Saudi Arabia, the Middle East and Africa.
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- Information Technology, Internet, Food and Beverage
- Series A, Seed
- Saudi Arabia, United Arab Emirates
Portfolio highlights
- Saee — At saee we delivering smiles through fulfilling online orders. Also integrate with saee.sa and deliver your shipments and track the couriers.
- Lucidya — Lucidya is a tool for social media analytics powered by artificial intelligence and big data solution. lucidya have many uses like market research, benchmarking, crisis management , product development ..etc
- MUNCH:ON — MUNCH:ON is a food tech startup that has cracked the subscription space in the UAE & KSA, focusing on offering meals from the best restaurants at a significant discount and with free delivery. The company has invested heavily in its scheduling, bundling and order prediction software which has enabled it to achieve massive cost savings for itsrestaurant partners that they then pass on to their users, often offering up to a 55% discount vs. restaurants' regular price. Whether it's employees ordering from their company's curated menu or users ordering for their families at home, the platform takes the usual hassle and cost out of food delivery in a financially (and environmentally) sustainable manner for all stakeholders
Endeavor Catalyst is the rules-based, co-investment fund of Endeavor, set up to invest exclusively in Endeavor Entrepreneur-led companies and to sustain Endeavor’s long-term operations in a mission-aligned way. Launched in 2012, Endeavor Catalyst has ~$500M+ AUM across four funds and has made 260+ investments to date in 35+ different markets. TodayThe Endeavor Catalyst portfolio has 53 companies valued at $1B+. Investments include Globant (NYSE:GLOB), Rappi, and Creditas in Latin America; Yemeksepeti.com and Careem in MENA; and Bukalapak and Carro in Indonesia.
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- E-Commerce, Software, Information Technology
- Series B, Series A, Series C
- United States, Brazil, Mexico
Portfolio highlights
- Sami — Sami is a Brazil-based health plan startup that provides a technology-based solution intended to be used in the healthcare sector. The company focuses on making health care simpler, more efficient, and friendlier by using simplified solutions, thus, providing patients with reduced costs for their medical care needs. Their mission is to transformBrazilian health into something simple, easy, reliable, and accessible, which helps each person to be their best version.Founded by Vitor Asseituno and Luiz Guilherme Berardo in 2018 and is based in São Paulo, Brazil.
- Thunes — Pay the World
- InvGate — InvGate is the solution to build a modern service desk and empower IT with total visibility of your IT estate.
RZM Investments manages the shares of various companies that are in the field of health, education, hospitality, and tourism.
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- EdTech, Education, Communities
- Seed
- Saudi Arabia
Portfolio highlights
- Bonat — Bonat is a customer engagement solution that provides advanced tools to help in managing businesses.
- Wadaie — Wadaie is a fintech startup helps customers to earn returns on Shariah-compliant time deposits without opening new accounts at other banks.
- AlGooru — AlGooru is a tutoring network marketplace that connects students with qualified tutors on a mobile app. Our mobile app uberizes the tutoring market. Students can find reliable tutors, and tutors can manage their sessions/price their own rates.
100 Ventures is an investment firm and its invests in pre-seed and seed startups companies.
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- B2C, SaaS, Beauty
- Seed
- Saudi Arabia, Pakistan
Portfolio highlights
- AlGooru — AlGooru is a tutoring network marketplace that connects students with qualified tutors on a mobile app. Our mobile app uberizes the tutoring market. Students can find reliable tutors, and tutors can manage their sessions/price their own rates.
- Glamera — Glamera B2B2C: SaaS platform to power beauty salons, spa, Gym and barber shops, to optimize sales, booking, marketing, inventory and HR. Glamera White Label: Every service provider can create his own website, to help his customer in pre-booking his services. Glamera B2C: Mobile application for end user to book beauty and wellness appointment.
- MyTM — MYTM is a fintech company and provides mass transit e-ticketing, branchless banking, microfinance services (loan lead generation through agent network), and financial services.
otf Jasoor Ventures is an early stage VC fund that invests in tech and tech-enabled startups in the MENA region
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- Logistics, B2B, FinTech
- Seed, Series A, Series B
- United Arab Emirates, Saudi Arabia, Oman
Portfolio highlights
- BARQ — BARQ is the first bullet delivery PaaS in the middle east, leading the e-commerce industry to achieve a 30 min. delivery time.
- ELEVATUS — Hire the world's best talent with our award-winning recruitment software, Elevatus. Recruit a talented workforce that will help your company succeed and grow.
- Dastgyr Technologies — Making trade and capital seamless and reliable
A radical investment platform reshaping the relationship between founders and capital.
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- E-Commerce, Financial Services, FinTech
- Seed, Pre-Seed, Series B
- United Arab Emirates, Egypt, Saudi Arabia
Portfolio highlights
- Calo — Analyze your nutritional needs and subscribe to a convenient meal plan that's designed for you in under 2 minutes.
- Bundle Kitchen — Bundle Kitchen App for Members Exclusive to the Campaign, Take Advantage of Benefits and Place an Order. Please submit.
- Mascotte Health — Supercharge your practice with a strong operational team and state-of-the-art technology.
MSA Capital is a global venture capital and private equity firm that invests in technology-enabled companies from seed to growth stage. The firm manages capital from the world's top sovereign wealth funds, international asset managers, pension funds, university endowments, fund of funds, and family offices, as well as China's leading neweconomy entrepreneurs.
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- E-Commerce, Financial Services, Biotechnology
- Series A, Seed, Series B
- China, United States, Egypt
Portfolio highlights
- Shenji Changhua — Shenji Changhua is a biotechnology company focusing on neurological diseases such as ALS.
- Yanming Biology — Pyrotech pharmaceuticals is a biotechnology company that focuses om development for drugs for the treatment of inflammation and tumors.
- Life Biosciences — Lingfu Bio is a service provider of the whole industry chain of experimental animals and animal models.
Flat6Labs is the MENA region’s leading seed and early stage venture capital firm, currently running the most renowned startup programs in the region. Annually, Flat6Labs invests in more than 100 innovative and technology-driven startups enabling thousands of passionate entrepreneurs to achieve their daring ambitions and ultimately becoming theirinstitutional co-founders. Flat6Labs manages a number of seed funds with a total AUM in excess of $85M. More than 25 leading institutions have invested into the Flat6Labs managed funds; believing in the asset class and Flat6Labs’ proven track record as the market leader.. Flat6Labs provides a wide range of investment ticket sizes ranging from $50K to $500k, supporting startups through their early journeys from Pre-Seed all the way to Pre-Series A stages. Alongside to the investments, Flat6Labs’ exceptional startup programs, executed to cater specifically for the needs of the innovative entrepreneurs, helps them accelerate their growth by providing them with a plethora of support services and connecting them to unparalleled opportunities with an expansive network comprising hundreds of business mentors, investors and corporates. Launched and headquartered in Cairo since 2011, Flat6Labs has multiple offices across the region; with ongoing plans to expand into other emerging markets.
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- Software, E-Commerce, Apps
- Seed, Pre-Seed, Funding Round
- Egypt, United Arab Emirates, Saudi Arabia
Portfolio highlights
- Midient — We help restaurants collect, analyze, and act on their customer data to increase customer satisfaction and increase revenue.
- Growdash — Growdash is a business intelligence and analytics tool built specifically for restaurants to support profitable growth strategic decisions across online sales channels.
- Agel — Agel aim at reshaping the traditional financial services business model, operational model and customer experience to unlock a unique finance avenue for (“MSMEs”), with a core preposition of availing industry-agnostic merchandise credit limit for Merchants within Agel network in a manner that is Digital, Cashless and Sharia compliant, aligning withthe UN Global (“SDG”) goals, and Egypt’s 2030 plan towards financial inclusion and sustainability.our goals are: - Empowering MSMEs growth, - Accelerating Financial Inclusion, - Eradicating Informal Economy, - Raising Financial literacy
Plus VC is regulated by ADGM Financial Services Regulatory Authority for the provision of Managing a Collective Investment Fund.
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- Information Technology, SaaS, Payments
- Seed, Pre-Seed
- Egypt, Saudi Arabia
Portfolio highlights
- Growdash — Growdash is a business intelligence and analytics tool built specifically for restaurants to support profitable growth strategic decisions across online sales channels.
- Wellx — Turn your health into currency. At Wellx, we're focused on making you healthier. Insurance helps us make it happen.
- Barakah — Barakah is a food delivery startup based in Saudi Arabia.
Dahran Trading Group (DTG) A leading Group of Companies in KSA and UAE Get In Touch Welcome to Dahran trading group Where We Build Your Visions Dahran Trading Group is a diversified investment holding company ,It utilizes its resources to invest in sectors ranging contracting , Real Estate and maintenance to FMCG and Sports
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- FinTech, Predictive Analytics
- Seed
- Saudi Arabia
Portfolio highlights
- Mthmr — Mthmr makes saving seamless, by enabling rounding-up transactions, recurring and direct deposits, as well as cashback from our partner retailers, which is automatically added to your savings account. Mthmr offers its users with a powerful spend analysis tool to keep them on top of their financials, along with many more features.
Riyad Bank SJSC is a Saudi Arabia-based bank that provides banking and investment services. The Bank offers its services through four segments: the Retail segment covers deposit, credit and investment products for individuals and small to medium sized businesses; the Investment banking and brokerage segment provides investment management servicesand asset management activities related to dealing, managing, arranging, advising and custody of securities; the Corporate segment handles corporate customers’ current accounts and deposits, and provides loans, overdrafts and other credit facilities and derivative, the Treasury and Investments segment provides money market trading and treasury services, as well as the management of the Bank’s investment portfolios. The Bank also provides Islamic banking products to its customers.
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- Banking, FinTech, Lending
- Series A
- Saudi Arabia
Portfolio highlights
- Forus Financial — Invest in Debt and Alternative Assets.
MENA's first Proptech VC fund, based in the Kingdom of Saudi Arabi.
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- Information Services
- Pre-Seed
- Saudi Arabia
Portfolio highlights
- Darent — Vacation Rentals, Cabins, Beach Houses, Unique Homes & Experiences
Jahez is a Saudi company that facilitates an online food delivery platform to unite stakeholders from restaurants, logistic fleet, and customers to deliver meal orders into Jahez Mobile Application. Jahez emerged to design and develop in-house software, the best-integrated solution with advanced features & functions since 2014 to matchcustomers' expectations of a perfect experience. The company launched its services in the market of Saudi Arabia in September 2016. Jahez has utilized state-of-the-art technology to embed the big data techniques with data platforms and use all artificial intelligence tools, machine learning solutions too. The ongoing information technology and network infrastructure rapid development & integration make the Jahez application more reliable to customers' trust to place orders. Automate share location, personal data access, pay online with credit or debit trusty cards, and more to be appreciated quickly. Thus, merchants or restaurants share the same enthusiasm of being part of the platform to connect their customers' desires of food types and enjoy offline dine-in service at home or office among friends and family. Meanwhile, the fleet of drivers is linked with the service to dispatch orders from each restaurant allocated kitchen on the map to the customer doorstep with the most convenient way and time.
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- E-Commerce, Grocery, Delivery
- Seed, Funding Round
- Saudi Arabia, Bahrain
Portfolio highlights
- Bonat — Bonat is a customer engagement solution that provides advanced tools to help in managing businesses.
- Nana — Nana is an online grocery platform that provides doorstep deliveries of groceries and other home essentials. The company's platform offers a wide assortment of groceries, fruits, and vegetables, cosmetics, electronics, bakery items, and flowers that enables consumers to purchase products online and get them delivered to their homes.Nana wasestablished in 2016 and is headquartered in Riyadh, Ar Riyad, Saudi Arabia.
- Parcel — The BEST delivery service in BAHRAIN! You do not need to hire a driver, register with Parcel Delivery the fastest delivery service in Bahrain for free, and pay only when you deliver! Start Delivery What is Parcel Delivery Parcel Delivery is the fastest delivery service in Bahrain, Register now to deliver to your end.
MetLife Foundation is committed to expanding opportunities for low- and moderate-income people around the world.MetLife Foundation partner with nonprofit organizations and social enterprises to create financial health solutions and build stronger communities, while engaging MetLife employee volunteers to help drive impact.
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- Financial Services, FinTech, Finance
- Seed, Grant, Pre-Seed
- United Arab Emirates, Mexico, Turkey
Portfolio highlights
- Chari — Chari is an e-commerce and fintech app for traditional retailers in French-Speaking Africa allowing them to order any consumer goods they sell and get delivered for free in less than 24 hours. Chari is also a financial services provider for these retailers, offering them microloans
- Ecomm-App — Ecomm-App is an online platform that helps online merchants to manage their inventory in real-time and invoice in seconds.
- Fellow Pay — The faster, easier and fairer way to get your invoices paid and speed up your payment cycle. For B2B SMEs with long payment cycles across all industries.
Re-Imagining The Future: 100+ years of experience in investments to lead the next wave of tech ventures in Saudi Arabia
Show more...Investment focus
- Apps, Asset Management, Artificial Intelligence
- Seed, Series A, Series B
- Saudi Arabia, United Arab Emirates, Bahrain
Portfolio highlights
- Bonat — Bonat is a customer engagement solution that provides advanced tools to help in managing businesses.
- ZenHR — ZenHR is a transformative HR experience localized to reflect GOSI, WPS, social security, and tax laws in KSA, Egypt, Jordan, Iraq, UAE, and MENA.
- The Cloud — theCloud Delivering happiness through food Achieve your full potential in the virtual restaurant industry with reduced cost, maximized marketing and state-of-the-art point of sale system technology. How it Works Get Started why choose us? The secret ingredient for growing your business Open a virtual restaurant in as short as a month Get cooking in weeks,
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