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 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 is a fintech startup based in Saudi Arabia, dedicated to simplifying and securing payment processes for merchants. The company develops innovative payment infrastructure solutions tailored for banks, payment providers, and SaaS startups. Nearpay's software includes a point-of-sale application that allows merchants to accept contactless payments via smartphones, eliminating the necessity for credit or debit cards. This technology is designed to empower small store owners, shipping representatives, and food delivery partners to collect payments effortlessly, enhancing the overall customer experience. Through its commitment to making payments more accessible, Nearpay is actively shaping the future of financial transactions.
Munjz LLC operates a mobile application that connects customers with licensed handymen for various household services, including plumbing, electrical work, air-conditioning maintenance, cleaning, and furniture assembly. Founded in 2017 and based in Dammam, Saudi Arabia, Munjz offers a proptech solution that provides pre-screened professionals and integrated maintenance services for homes, facilities, and businesses. The platform also features an online marketplace that allows clients to access maintenance services and annual service packages tailored to their needs. This comprehensive approach aims to facilitate the management of household services effectively for all users.
VUZ is a prominent immersive social application that specializes in delivering XR and Metaverse digital experiences, enhancing the realism of virtual interactions. Launched in 2017, the company operates from offices in Los Angeles, Dubai, and Riyadh. VUZ offers the world's largest premium library of exclusive immersive content, featuring over 20,000 hours of material that spans entertainment, creators, and sports, along with XR, VR, and AR experiences accessible from virtually anywhere. The platform's primary goal is to foster connections among users by providing authentic immersive experiences, effectively eliminating barriers related to travel, time, and access for billions globally. By streaming live events such as sports, talk shows, and music, VUZ enables users to engage with these experiences in a uniquely immersive manner, leveraging advanced technologies for an enriched social interaction.
Foodics is a technology company based in AlKhobar, Saudi Arabia, founded in 2014. It specializes in developing a cloud-based restaurant management system designed for iPads, catering to the needs of restaurants, food trucks, cafes, and fast-food chains across the Middle East. The platform offers comprehensive solutions including point-of-sale transactions, inventory management, employee scheduling, loyalty programs, e-commerce integration, and real-time operational oversight through a user-friendly dashboard. Foodics aims to enhance revenue generation and customer relationships for its clients by providing high-tech, easy-to-use tools that streamline restaurant operations.
Munjz LLC operates a mobile application that connects customers with licensed handymen for various household services, including plumbing, electrical work, air-conditioning maintenance, cleaning, and furniture assembly. Founded in 2017 and based in Dammam, Saudi Arabia, Munjz offers a proptech solution that provides pre-screened professionals and integrated maintenance services for homes, facilities, and businesses. The platform also features an online marketplace that allows clients to access maintenance services and annual service packages tailored to their needs. This comprehensive approach aims to facilitate the management of household services effectively for all users.
Gathern is a vacation rental marketplace based in Riyadh, Saudi Arabia, founded in 2016. The platform provides users with the ability to easily book a diverse range of accommodations, including chalets, villas, apartments, farms, caravans, desert cottages, and campsites. It caters to travelers and adventure seekers looking for unique lodging options while also enabling property owners to monetize their assets without the complexities of obtaining a rental license. Gathern's user-friendly website and application facilitate direct interactions between guests and hosts, streamlining the booking process and enhancing the overall travel experience.
Nearpay
Seed Round in 2022
Nearpay is a fintech startup based in Saudi Arabia, dedicated to simplifying and securing payment processes for merchants. The company develops innovative payment infrastructure solutions tailored for banks, payment providers, and SaaS startups. Nearpay's software includes a point-of-sale application that allows merchants to accept contactless payments via smartphones, eliminating the necessity for credit or debit cards. This technology is designed to empower small store owners, shipping representatives, and food delivery partners to collect payments effortlessly, enhancing the overall customer experience. Through its commitment to making payments more accessible, Nearpay is actively shaping the future of financial transactions.
Munjz LLC operates a mobile application that connects customers with licensed handymen for various household services, including plumbing, electrical work, air-conditioning maintenance, cleaning, and furniture assembly. Founded in 2017 and based in Dammam, Saudi Arabia, Munjz offers a proptech solution that provides pre-screened professionals and integrated maintenance services for homes, facilities, and businesses. The platform also features an online marketplace that allows clients to access maintenance services and annual service packages tailored to their needs. This comprehensive approach aims to facilitate the management of household services effectively for all users.
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 Ltd., established in 2015 and headquartered in Riyadh, Saudi Arabia, operates an online marketplace dedicated to the sale of new and used cars. The company facilitates easy and quick vehicle purchases for both businesses and individuals by providing a platform where users can browse listings, view daily updates on prices and specifications, and directly contact stakeholders without intermediaries. Additionally, Syarah offers car financing options, partnering with various banks and financial institutions to help customers purchase vehicles in installments across Saudi Arabia and the broader region. The company aims to deliver high-quality services that surpass customer expectations.
Gathern is a vacation rental marketplace based in Riyadh, Saudi Arabia, founded in 2016. The platform provides users with the ability to easily book a diverse range of accommodations, including chalets, villas, apartments, farms, caravans, desert cottages, and campsites. It caters to travelers and adventure seekers looking for unique lodging options while also enabling property owners to monetize their assets without the complexities of obtaining a rental license. Gathern's user-friendly website and application facilitate direct interactions between guests and hosts, streamlining the booking process and enhancing the overall travel experience.
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 is a vacation rental marketplace based in Riyadh, Saudi Arabia, founded in 2016. The platform provides users with the ability to easily book a diverse range of accommodations, including chalets, villas, apartments, farms, caravans, desert cottages, and campsites. It caters to travelers and adventure seekers looking for unique lodging options while also enabling property owners to monetize their assets without the complexities of obtaining a rental license. Gathern's user-friendly website and application facilitate direct interactions between guests and hosts, streamlining the booking process and enhancing the overall travel experience.
VUZ is a prominent immersive social application that specializes in delivering XR and Metaverse digital experiences, enhancing the realism of virtual interactions. Launched in 2017, the company operates from offices in Los Angeles, Dubai, and Riyadh. VUZ offers the world's largest premium library of exclusive immersive content, featuring over 20,000 hours of material that spans entertainment, creators, and sports, along with XR, VR, and AR experiences accessible from virtually anywhere. The platform's primary goal is to foster connections among users by providing authentic immersive experiences, effectively eliminating barriers related to travel, time, and access for billions globally. By streaming live events such as sports, talk shows, and music, VUZ enables users to engage with these experiences in a uniquely immersive manner, leveraging advanced technologies for an enriched social interaction.
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 is a Saudi-based e-commerce platform that empowers users to establish their own online stores in Arabic, facilitating the sale of products and services directly to customers. The platform allows users to create branded stores with personalized domain names and design options. Store owners can effectively manage their inventory through Salla’s website or mobile application. Additionally, Salla offers a variety of features, including marketing tools, automated invoicing, and performance reports, which aid merchants in enhancing their sales and customer engagement. Users benefit from capabilities such as customer database management, the ability to block customers, and options for promotions and discounts, all without incurring fees or commissions.
Salla is a Saudi-based e-commerce platform that empowers users to establish their own online stores in Arabic, facilitating the sale of products and services directly to customers. The platform allows users to create branded stores with personalized domain names and design options. Store owners can effectively manage their inventory through Salla’s website or mobile application. Additionally, Salla offers a variety of features, including marketing tools, automated invoicing, and performance reports, which aid merchants in enhancing their sales and customer engagement. Users benefit from capabilities such as customer database management, the ability to block customers, and options for promotions and discounts, all without incurring fees or commissions.
Munjz LLC operates a mobile application that connects customers with licensed handymen for various household services, including plumbing, electrical work, air-conditioning maintenance, cleaning, and furniture assembly. Founded in 2017 and based in Dammam, Saudi Arabia, Munjz offers a proptech solution that provides pre-screened professionals and integrated maintenance services for homes, facilities, and businesses. The platform also features an online marketplace that allows clients to access maintenance services and annual service packages tailored to their needs. This comprehensive approach aims to facilitate the management of household services effectively for all users.
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 is a prominent immersive social application that specializes in delivering XR and Metaverse digital experiences, enhancing the realism of virtual interactions. Launched in 2017, the company operates from offices in Los Angeles, Dubai, and Riyadh. VUZ offers the world's largest premium library of exclusive immersive content, featuring over 20,000 hours of material that spans entertainment, creators, and sports, along with XR, VR, and AR experiences accessible from virtually anywhere. The platform's primary goal is to foster connections among users by providing authentic immersive experiences, effectively eliminating barriers related to travel, time, and access for billions globally. By streaming live events such as sports, talk shows, and music, VUZ enables users to engage with these experiences in a uniquely immersive manner, leveraging advanced technologies for an enriched social interaction.
The Chefz
Seed Round in 2020
The Chefz is a gourmet food and sweets delivery platform based in Riyadh that connects users with top elite restaurants, bakeries, and chocolate stores. Through its mobile application, available on both Android and iOS, customers can conveniently order a diverse range of meals and desserts. The platform not only facilitates instant order tracking but also offers flexible payment options, ensuring a seamless experience from selection to delivery. By focusing on high-quality food providers, The Chefz aims to elevate the culinary experience for its users, bringing gourmet offerings directly to their doorsteps.
Gathern
Seed Round in 2019
Gathern is a vacation rental marketplace based in Riyadh, Saudi Arabia, founded in 2016. The platform provides users with the ability to easily book a diverse range of accommodations, including chalets, villas, apartments, farms, caravans, desert cottages, and campsites. It caters to travelers and adventure seekers looking for unique lodging options while also enabling property owners to monetize their assets without the complexities of obtaining a rental license. Gathern's user-friendly website and application facilitate direct interactions between guests and hosts, streamlining the booking process and enhancing the overall travel experience.
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 is a mobile application founded in 2017, based in Jeddah, Saudi Arabia, that facilitates remote connections between individuals and specialists across various fields. The application offers mentoring services targeted at individuals, businesses, and young people, available on both Android and iOS platforms. Mntrni's platform focuses on providing a technical space for users to communicate with reliable experts, enabling them to receive guidance and advice for personal and professional development. Additionally, the app includes features such as date reminder appointment booking, online meeting capabilities, and appointment confirmation notifications, aiming to enhance the user experience and streamline access to valuable consultancy services.
Munjz LLC operates a mobile application that connects customers with licensed handymen for various household services, including plumbing, electrical work, air-conditioning maintenance, cleaning, and furniture assembly. Founded in 2017 and based in Dammam, Saudi Arabia, Munjz offers a proptech solution that provides pre-screened professionals and integrated maintenance services for homes, facilities, and businesses. The platform also features an online marketplace that allows clients to access maintenance services and annual service packages tailored to their needs. This comprehensive approach aims to facilitate the management of household services effectively for all users.
Caramella
Seed Round in 2019
Caramella is a Saudi Arabian startup that has developed an innovative online platform for publishing social media content and blogging. The platform allows users to create and share articles and posts with ease, featuring over 80 templates that cater to various styles and topics. Caramella's offerings encompass a wide range of subjects, including products, technology, healthcare, marketing, and travel, providing readers with access to informative content and the latest news. The company's focus on user-friendly design and powerful features positions it as a modern solution for content creators looking to engage audiences effectively.
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 is a Saudi-based e-commerce platform that empowers users to establish their own online stores in Arabic, facilitating the sale of products and services directly to customers. The platform allows users to create branded stores with personalized domain names and design options. Store owners can effectively manage their inventory through Salla’s website or mobile application. Additionally, Salla offers a variety of features, including marketing tools, automated invoicing, and performance reports, which aid merchants in enhancing their sales and customer engagement. Users benefit from capabilities such as customer database management, the ability to block customers, and options for promotions and discounts, all without incurring fees or commissions.
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
Gathern is a vacation rental marketplace based in Riyadh, Saudi Arabia, founded in 2016. The platform provides users with the ability to easily book a diverse range of accommodations, including chalets, villas, apartments, farms, caravans, desert cottages, and campsites. It caters to travelers and adventure seekers looking for unique lodging options while also enabling property owners to monetize their assets without the complexities of obtaining a rental license. Gathern's user-friendly website and application facilitate direct interactions between guests and hosts, streamlining the booking process and enhancing the overall travel experience.
Salla is a Saudi-based e-commerce platform that empowers users to establish their own online stores in Arabic, facilitating the sale of products and services directly to customers. The platform allows users to create branded stores with personalized domain names and design options. Store owners can effectively manage their inventory through Salla’s website or mobile application. Additionally, Salla offers a variety of features, including marketing tools, automated invoicing, and performance reports, which aid merchants in enhancing their sales and customer engagement. Users benefit from capabilities such as customer database management, the ability to block customers, and options for promotions and discounts, all without incurring fees or commissions.
Syarah Ltd., established in 2015 and headquartered in Riyadh, Saudi Arabia, operates an online marketplace dedicated to the sale of new and used cars. The company facilitates easy and quick vehicle purchases for both businesses and individuals by providing a platform where users can browse listings, view daily updates on prices and specifications, and directly contact stakeholders without intermediaries. Additionally, Syarah offers car financing options, partnering with various banks and financial institutions to help customers purchase vehicles in installments across Saudi Arabia and the broader region. The company aims to deliver high-quality services that surpass customer expectations.
Caramella
Pre Seed Round in 2018
Caramella is a Saudi Arabian startup that has developed an innovative online platform for publishing social media content and blogging. The platform allows users to create and share articles and posts with ease, featuring over 80 templates that cater to various styles and topics. Caramella's offerings encompass a wide range of subjects, including products, technology, healthcare, marketing, and travel, providing readers with access to informative content and the latest news. The company's focus on user-friendly design and powerful features positions it as a modern solution for content creators looking to engage audiences effectively.
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 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.