Vision Ventures

Vision Ventures is an early-stage venture capital firm based in Dammam, Saudi Arabia, founded by a team of experienced entrepreneurs. The firm focuses on investing in innovative startups at the Seed and Series A stages across various sectors. With a combined experience of over 90 years, the team offers extensive knowledge in launching and growing companies, providing hands-on support in areas such as marketing, sales, product development, financial planning, and growth strategy. Vision Ventures aims to help startups succeed in a competitive landscape while fostering a collaborative environment that emphasizes entrepreneurial spirit.

Kais Al-Essa

Founding Partner and CEO

Past deals in Riyadh

Lola Do

Pre Seed Round in 2025
Lola Do Inc. is a tech-driven FoodTech company elevating the gifting industry and bringing it into the digital age through customization and innovation. The company has rapidly expanded across the GCC, launching in Riyadh, Saudi Arabia.

VUZ

Series B in 2022
VUZ is a leading immersive social application that allows users to stream and engage with XR and Metaverse digital experiences featuring a high level of realism. The platform connects the physical and virtual worlds, offering the largest premium library of exclusive immersive content, with over 20,000 hours covering entertainment, sports, and various creator segments. VUZ aims to foster global connections by providing authentic immersive experiences, thereby overcoming travel, time, and access constraints for billions of users worldwide. Established in 2017, the company operates offices in Los Angeles, Dubai, and Riyadh, and its application supports live streaming of virtual sports, talk shows, music, and events, enhancing user engagement through immersive technologies.

Gathern

Series A in 2022
Gathern operates a vacation rental marketplace based in Riyadh, Saudi Arabia, founded in 2016. The platform enables users to easily book a diverse range of accommodations, including villas, chalets, apartments, farms, caravans, desert cottages, and campsites. Gathern allows property owners to list their rentals directly without the need for a rental license, providing a hassle-free way for hosts to monetize their properties. The service caters to travelers and adventure seekers looking for convenient and varied lodging options.

Syarah

Series B in 2021
Syarah Ltd. operates an online marketplace for buying and selling both new and used cars, based in Riyadh, Saudi Arabia. Founded in 2015, the company aims to streamline the vehicle purchasing process for individuals and businesses by providing a user-friendly platform where customers can easily browse various car listings, access daily updates on prices and specifications, and directly contact sellers without intermediaries. In addition to facilitating car sales, Syarah offers financing solutions, allowing customers to purchase vehicles in installments through partnerships with banks and financing companies in the region. The company's commitment is to deliver quality services that meet and exceed customer expectations.

Gathern

Series A in 2021
Gathern operates a vacation rental marketplace based in Riyadh, Saudi Arabia, founded in 2016. The platform enables users to easily book a diverse range of accommodations, including villas, chalets, apartments, farms, caravans, desert cottages, and campsites. Gathern allows property owners to list their rentals directly without the need for a rental license, providing a hassle-free way for hosts to monetize their properties. The service caters to travelers and adventure seekers looking for convenient and varied lodging options.

VUZ

Series A in 2021
VUZ is a leading immersive social application that allows users to stream and engage with XR and Metaverse digital experiences featuring a high level of realism. The platform connects the physical and virtual worlds, offering the largest premium library of exclusive immersive content, with over 20,000 hours covering entertainment, sports, and various creator segments. VUZ aims to foster global connections by providing authentic immersive experiences, thereby overcoming travel, time, and access constraints for billions of users worldwide. Established in 2017, the company operates offices in Los Angeles, Dubai, and Riyadh, and its application supports live streaming of virtual sports, talk shows, music, and events, enhancing user engagement through immersive technologies.

Tamara

Pre Seed Round in 2020
Tamara is a prominent shopping and payments platform based in Riyadh, Saudi Arabia, and serves the GCC region. Founded by Abdulmajeed Alsukhan and his partners, the company aims to transform the shopping, payment, and banking experience for consumers. With a workforce of over 350 employees, Tamara has established a significant presence, operating offices in the UAE, Egypt, Germany, and Vietnam. Since its inception in September 2020, Tamara has raised approximately $366 million in both equity and debt from notable investors, including Sanabil Investments and Goldman Sachs. The platform boasts around 6 million customers and partners with more than 15,000 merchants, featuring a mix of global and regional brands as well as local small and medium enterprises. Tamara empowers merchants by providing flexible payment options through its application programming interfaces, allowing clients to increase sales by offering installment payment plans.

VUZ

Series A in 2020
VUZ is a leading immersive social application that allows users to stream and engage with XR and Metaverse digital experiences featuring a high level of realism. The platform connects the physical and virtual worlds, offering the largest premium library of exclusive immersive content, with over 20,000 hours covering entertainment, sports, and various creator segments. VUZ aims to foster global connections by providing authentic immersive experiences, thereby overcoming travel, time, and access constraints for billions of users worldwide. Established in 2017, the company operates offices in Los Angeles, Dubai, and Riyadh, and its application supports live streaming of virtual sports, talk shows, music, and events, enhancing user engagement through immersive technologies.

The Chefz

Seed Round in 2020
The Chefz operates as a gourmet food and sweets delivery platform. The Chefz allows users to order food and sweets from ‘top elite restaurants, bakeries, and chocolate stores’ in Riyadh, using its mobile app (available for both Android and iOS).

Gathern

Seed Round in 2019
Gathern operates a vacation rental marketplace based in Riyadh, Saudi Arabia, founded in 2016. The platform enables users to easily book a diverse range of accommodations, including villas, chalets, apartments, farms, caravans, desert cottages, and campsites. Gathern allows property owners to list their rentals directly without the need for a rental license, providing a hassle-free way for hosts to monetize their properties. The service caters to travelers and adventure seekers looking for convenient and varied lodging options.

Dhad

Venture Round in 2019
Dhad is a publishing company based in Riyadh, Saudi Arabia, specializing in the production and distribution of audiobooks in standard Arabic for both adults and children. Founded in 2014, the company offers a diverse range of fiction and non-fiction titles accessible through its mobile app and website, making it convenient for users to listen to content on various devices. Dhad's platform also includes translations of books from different languages into Arabic, covering categories such as literature, poetry, science, and Islamic fiction. By providing an extensive selection of audiobooks, Dhad aims to enhance the accessibility of literature for Arabic-speaking audiences.

Gathern

Seed Round in 2018
Gathern operates a vacation rental marketplace based in Riyadh, Saudi Arabia, founded in 2016. The platform enables users to easily book a diverse range of accommodations, including villas, chalets, apartments, farms, caravans, desert cottages, and campsites. Gathern allows property owners to list their rentals directly without the need for a rental license, providing a hassle-free way for hosts to monetize their properties. The service caters to travelers and adventure seekers looking for convenient and varied lodging options.

Syarah

Series A in 2018
Syarah Ltd. operates an online marketplace for buying and selling both new and used cars, based in Riyadh, Saudi Arabia. Founded in 2015, the company aims to streamline the vehicle purchasing process for individuals and businesses by providing a user-friendly platform where customers can easily browse various car listings, access daily updates on prices and specifications, and directly contact sellers without intermediaries. In addition to facilitating car sales, Syarah offers financing solutions, allowing customers to purchase vehicles in installments through partnerships with banks and financing companies in the region. The company's commitment is to deliver quality services that meet and exceed customer expectations.

Dhad

Seed Round in 2018
Dhad is a publishing company based in Riyadh, Saudi Arabia, specializing in the production and distribution of audiobooks in standard Arabic for both adults and children. Founded in 2014, the company offers a diverse range of fiction and non-fiction titles accessible through its mobile app and website, making it convenient for users to listen to content on various devices. Dhad's platform also includes translations of books from different languages into Arabic, covering categories such as literature, poetry, science, and Islamic fiction. By providing an extensive selection of audiobooks, Dhad aims to enhance the accessibility of literature for Arabic-speaking audiences.
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