Vision Ventures

Vision Ventures is an early stage venture capital firm founded by experienced entrepreneurs. The firm invests in innovative startups at the Seed and Series A stages across a wide range of verticals. It provides hands-on support to portfolio companies in marketing, sales, product and service development, financial planning and management, expansion and growth strategy, and related areas, helping founders turn ideas into successful ventures. The team combines extensive startup experience with a track record of guiding companies toward success and rapid growth, drawing on multinational and multicultural perspectives from work in multiple markets. Vision Ventures aims to collaborate with entrepreneurs to address early-stage challenges and accelerate value creation for portfolio companies and their stakeholders.

Kais Al-Essa

Founding Partner and CEO

Past deals in Saudi Arabia

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.

Spare

Seed Round in 2023
Spare is a micro-savings application that offers tools for account information and payment initiation, aimed at enhancing financial product development. By leveraging open banking technology, Spare enables access to transaction data and personal account information, such as account names and balances, from various financial institutions. This functionality allows developers to create customized checkout experiences, facilitating improved financial management for users.

Nearpay

Series A in 2023
Based in Saudi Arabia, Nearpay is a fintech company dedicated to simplifying merchant payments. They develop innovative payment infrastructure solutions tailored for banks, payment providers, and SaaS startups.

Munjz

Series A in 2023
Founded in 2017, Munjz operates a mobile application that connects licensed professionals with customers seeking various home services such as plumbing, electrical work, appliance repair, cleaning, and furniture assembly. It also offers maintenance packages for homes and facilities.

VUZ

Series B in 2022
VUZ is a developer of an immersive video platform and social app for XR and Metaverse experiences. It streams 360-degree video, live events, and interactive entertainment across VR, AR, and other devices, enabling users to access immersive content from anywhere. It offers a large library of content (over 20,000 hours) spanning entertainment, creators, and sports, and features such as gyroscope-based navigation and social sharing to enhance realism and interactivity. It aims to connect people by removing travel, time, and access constraints. Founded in 2017, the company operates with offices in Los Angeles, Dubai, and Riyadh.

Foodics

Series C in 2022
Foodics is a cloud-based restaurant management platform that runs on an iPad, offering point-of-sale transactions, inventory management, employee scheduling, loyalty programs, e-commerce, and a management dashboard. The system integrates an iPad kitchen display, menu management, notifications, call center, and inventory and supply chain capabilities to provide a holistic view of operations. Founded in 2014 and headquartered in AlKhobar, Saudi Arabia, Foodics serves restaurants, food trucks, cafes, and quick-service chains in the Middle East, with thousands of customers and real-time operational insights. The platform supports English and Arabic, offers various add-on apps, and aims to streamline sales, logistics, and customer relationships to help clients increase revenues and enhance dining experiences.

Munjz

Seed Round in 2022
Founded in 2017, Munjz operates a mobile application that connects licensed professionals with customers seeking various home services such as plumbing, electrical work, appliance repair, cleaning, and furniture assembly. It also offers maintenance packages for homes and facilities.

Gathern

Series A in 2022
Founded in 2016, Gathern is a Saudi Arabian-based company operating a platform that facilitates bookings of chalets and villas for travelers. It connects guests with various vacation rentals and enables hosts to monetize their properties hassle-free.

Nearpay

Seed Round in 2022
Based in Saudi Arabia, Nearpay is a fintech company dedicated to simplifying merchant payments. They develop innovative payment infrastructure solutions tailored for banks, payment providers, and SaaS startups.

Munjz

Seed Round in 2021
Founded in 2017, Munjz operates a mobile application that connects licensed professionals with customers seeking various home services such as plumbing, electrical work, appliance repair, cleaning, and furniture assembly. It also offers maintenance packages for homes and facilities.

Raqamyah Platform

Seed Round in 2021
Raqamyah is a regulated peer-to-peer (P2P) financing platform based in Riyadh, Saudi Arabia, operating under the supervision of the Saudi Arabian Monetary Authority (SAMA). The company focuses on providing financial solutions to small and medium enterprises (SMEs) by connecting them directly with individual financiers. Through its innovative technology, Raqamyah offers a variety of financing options, including working capital, inventory financing, point-of-sale financing, and purchase order financing. This approach enables SMEs to access fast and affordable funding, supporting their growth and development in a competitive market.

Syarah

Series B in 2021
Founded in 2015, Syarah operates an online marketplace for buying and selling new and used cars. Based in Riyadh, Saudi Arabia, the company streamlines car purchases by connecting buyers directly with sellers, offering daily updated listings and facilitating financing options through various banks.

Gathern

Series A in 2021
Founded in 2016, Gathern is a Saudi Arabian-based company operating a platform that facilitates bookings of chalets and villas for travelers. It connects guests with various vacation rentals and enables hosts to monetize their properties hassle-free.

Marn.io

Seed Round in 2021
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 hire hourly 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

Gathern

Series A in 2021
Founded in 2016, Gathern is a Saudi Arabian-based company operating a platform that facilitates bookings of chalets and villas for travelers. It connects guests with various vacation rentals and enables hosts to monetize their properties hassle-free.

VUZ

Series A in 2021
VUZ is a developer of an immersive video platform and social app for XR and Metaverse experiences. It streams 360-degree video, live events, and interactive entertainment across VR, AR, and other devices, enabling users to access immersive content from anywhere. It offers a large library of content (over 20,000 hours) spanning entertainment, creators, and sports, and features such as gyroscope-based navigation and social sharing to enhance realism and interactivity. It aims to connect people by removing travel, time, and access constraints. Founded in 2017, the company operates with offices in Los Angeles, Dubai, and Riyadh.

Raqamyah Platform

Seed Round in 2021
Raqamyah is a regulated peer-to-peer (P2P) financing platform based in Riyadh, Saudi Arabia, operating under the supervision of the Saudi Arabian Monetary Authority (SAMA). The company focuses on providing financial solutions to small and medium enterprises (SMEs) by connecting them directly with individual financiers. Through its innovative technology, Raqamyah offers a variety of financing options, including working capital, inventory financing, point-of-sale financing, and purchase order financing. This approach enables SMEs to access fast and affordable funding, supporting their growth and development in a competitive market.

Salla

Series A in 2020
Salla is a Saudi-based e-commerce platform enabling users to establish their online stores in Arabic. It offers custom branding, inventory management via web or app, and tools such as automatic invoices, customer database, discounts, and more.

Salla

Seed Round in 2020
Salla is a Saudi-based e-commerce platform enabling users to establish their online stores in Arabic. It offers custom branding, inventory management via web or app, and tools such as automatic invoices, customer database, discounts, and more.

Munjz

Seed Round in 2020
Founded in 2017, Munjz operates a mobile application that connects licensed professionals with customers seeking various home services such as plumbing, electrical work, appliance repair, cleaning, and furniture assembly. It also offers maintenance packages for homes and facilities.

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 in September 2020 by Abdulmajeed Alsukhan and his partners, the company aims to revolutionize shopping, payment, and banking experiences. With a workforce of over 350 employees, Tamara operates additional offices in the UAE, Egypt, Germany, and Vietnam. The platform empowers merchants by providing flexible payment solutions, including installment options, through its application programming interfaces and plugins. This functionality enhances customer experiences and boosts sales for merchants. Tamara has established a robust customer base of 6 million and collaborates with over 15,000 partner merchants, which include both leading global brands and local small and medium enterprises. The company has successfully raised significant funding, highlighting its strong market presence and growth potential.

VUZ

Series A in 2020
VUZ is a developer of an immersive video platform and social app for XR and Metaverse experiences. It streams 360-degree video, live events, and interactive entertainment across VR, AR, and other devices, enabling users to access immersive content from anywhere. It offers a large library of content (over 20,000 hours) spanning entertainment, creators, and sports, and features such as gyroscope-based navigation and social sharing to enhance realism and interactivity. It aims to connect people by removing travel, time, and access constraints. Founded in 2017, the company operates with offices in Los Angeles, Dubai, and Riyadh.

The Chefz

Seed Round in 2020
The Chefz is a gourmet food and sweets delivery platform in Riyadh. It operates a mobile app that lets customers order from elite restaurants, bakeries, and chocolate stores and have meals and desserts delivered to their doorstep. The platform connects food providers and restaurant operators, supporting diverse cuisine options, real-time order tracking, and flexible payment methods. The service focuses on delivering high-quality, curated offerings through a user-friendly app.

Gathern

Seed Round in 2019
Founded in 2016, Gathern is a Saudi Arabian-based company operating a platform that facilitates bookings of chalets and villas for travelers. It connects guests with various vacation rentals and enables hosts to monetize their properties hassle-free.

Shroo7

Seed Round in 2019
Shroo7 is an educational technology company based in Saudi Arabia, founded in 2016. It specializes in developing an online learning platform that offers a range of educational tools and resources. The platform provides students with access to on-demand video courses and recorded lectures across various subjects, catering specifically to Arabic-speaking audiences. By focusing on quality and safety, Shroo7 aims to enhance productivity and knowledge acquisition among learners, positioning itself as a valuable resource in the realm of online education.

Mntrni

Seed Round in 2019
Mntrni operates a mobile mentoring platform that connects users to vetted experts across fields such as business, scientific research, and quality of life. The platform enables live audio and video sessions, along with tools for booking, reminders, online meetings, and appointment confirmations. Available on Android and iOS, it serves individuals, businesses, and young people seeking guidance, advice, and skill development. Founded in 2017 and based in Jeddah, Saudi Arabia, Mntrni aims to facilitate mentorship and knowledge sharing through scalable, remote interactions.

Munjz

Seed Round in 2019
Founded in 2017, Munjz operates a mobile application that connects licensed professionals with customers seeking various home services such as plumbing, electrical work, appliance repair, cleaning, and furniture assembly. It also offers maintenance packages for homes and facilities.

Caramella

Seed Round in 2019
Caramella is a Saudi Arabian company that develops an online platform for publishing social media content. It offers over 80 templates to create stylish, easy-to-use blog posts on various topics.

Dhad

Venture Round in 2019
Dhad is an audio publishing house based in Riyadh, Saudi Arabia, founded by Manar Saud Alomayri in 2014. The company specializes in producing and publishing a wide range of fiction and non-fiction audiobooks in standard Arabic for both adults and children. Dhad's platform allows users to access these titles through its mobile apps and website, making it convenient for listeners to enjoy Arabic content on any device from anywhere.

Salla

Seed Round in 2019
Salla is a Saudi-based e-commerce platform enabling users to establish their online stores in Arabic. It offers custom branding, inventory management via web or app, and tools such as automatic invoices, customer database, discounts, and more.

Shroo7

Seed Round in 2019
Shroo7 is an educational technology company based in Saudi Arabia, founded in 2016. It specializes in developing an online learning platform that offers a range of educational tools and resources. The platform provides students with access to on-demand video courses and recorded lectures across various subjects, catering specifically to Arabic-speaking audiences. By focusing on quality and safety, Shroo7 aims to enhance productivity and knowledge acquisition among learners, positioning itself as a valuable resource in the realm of online education.

Gathern

Seed Round in 2018
Founded in 2016, Gathern is a Saudi Arabian-based company operating a platform that facilitates bookings of chalets and villas for travelers. It connects guests with various vacation rentals and enables hosts to monetize their properties hassle-free.

Salla

Seed Round in 2018
Salla is a Saudi-based e-commerce platform enabling users to establish their online stores in Arabic. It offers custom branding, inventory management via web or app, and tools such as automatic invoices, customer database, discounts, and more.

Syarah

Series A in 2018
Founded in 2015, Syarah operates an online marketplace for buying and selling new and used cars. Based in Riyadh, Saudi Arabia, the company streamlines car purchases by connecting buyers directly with sellers, offering daily updated listings and facilitating financing options through various banks.

Caramella

Pre Seed Round in 2018
Caramella is a Saudi Arabian company that develops an online platform for publishing social media content. It offers over 80 templates to create stylish, easy-to-use blog posts on various topics.

MENAbytes

Pre Seed Round in 2018
MENAbytes is an online media publication based in Saudi Arabia, established in 2017, that focuses on technology and startups within the Middle East and North Africa. The platform aims to represent and connect the regional startup community by providing comprehensive coverage of the latest developments, trends, and funding deals in the sector. Operating as a subsidiary of Riseup LLC since 2019, MENAbytes delivers exclusive reports and insights, facilitating greater awareness and engagement among entrepreneurs, investors, and stakeholders in the MENA startup ecosystem.

Dhad

Seed Round in 2018
Dhad is an audio publishing house based in Riyadh, Saudi Arabia, founded by Manar Saud Alomayri in 2014. The company specializes in producing and publishing a wide range of fiction and non-fiction audiobooks in standard Arabic for both adults and children. Dhad's platform allows users to access these titles through its mobile apps and website, making it convenient for listeners to enjoy Arabic content on any device from anywhere.
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