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.
Spare is an Open Banking Platform provider and provides the infrastructure that connects the banks, the customer and the third parties that want access to the data and allows the customer to securely share their data Spare is licensed by the Central Bank of Bahrain as an Account Information Service Provider & Payment Initiation Service Provider (AISP/PISP). Spare is also part of the Central Bank of Kuwait Fintech Regulatory Sandbox and permitted by KSA's SAMA Fintech regulatory sandbox.
Nearpay
Series A in 2023
Nearpay is a fintech startup based in Saudi Arabia, dedicated to simplifying payment processes for merchants. The company develops financial payment software that provides convenient payment solutions through smartphones, allowing merchants to accept contactless payments without requiring credit or debit cards. This innovation particularly benefits small store owners, shipping representatives, and food delivery partners by enabling them to collect payments easily and efficiently. Nearpay's mission is to create a secure and accessible payment infrastructure that enhances the overall transaction experience for various businesses.
Munjz
Series A in 2023
Munjz LLC is a mobile application-based company founded in 2017 and headquartered in Dammam, Saudi Arabia. It connects customers with licensed handymen for a variety of household services, including plumbing, electrical work, air-conditioning, cleaning, furniture assembly, and home appliance maintenance. The app serves as an online marketplace for these services, allowing users to access both individual maintenance tasks and comprehensive annual packages for their homes and facilities. By pre-screening professionals, Munjz ensures that clients receive reliable and efficient service for their property management needs.
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.
Bayzat
Venture Round in 2022
Bayzat LLC operates an online platform in the United Arab Emirates that allows users to compare and purchase health insurance policies. Established in 2013 and headquartered in Dubai, the company also provides a suite of services including Bayzat Benefits, which enables users to track their insurance policies, view benefits and exclusions, and access information about covered networks and nearby hospitals. In addition to health insurance, Bayzat offers car insurance services and human resource software solutions that help businesses manage employee records, track time off, and administer health benefits. By streamlining the insurance and payroll processes, Bayzat aims to enhance the overall employee experience for over 80,000 individuals, particularly focusing on small and medium-sized enterprises.
Foodics
Series C in 2022
Foodics is a company that specializes in cloud-based restaurant management systems, primarily utilizing iPads for its operations. Founded in 2014 and headquartered in AlKhobar, Saudi Arabia, Foodics provides a comprehensive suite of tools designed for the restaurant industry, including point-of-sale transactions, inventory management, employee scheduling, and customer loyalty programs. Its solutions also feature management dashboards and kitchen displays, along with various add-on iOS applications. Serving thousands of clients across the Middle East, Foodics aims to enhance revenue and customer relationships for restaurants, food trucks, cafes, and fast-food chains. The platform supports operations in both English and Arabic, catering to a diverse clientele. With a focus on user-friendly technology, Foodics has facilitated over a billion orders, emphasizing its commitment to simplifying restaurant management.
Munjz
Seed Round in 2022
Munjz LLC is a mobile application-based company founded in 2017 and headquartered in Dammam, Saudi Arabia. It connects customers with licensed handymen for a variety of household services, including plumbing, electrical work, air-conditioning, cleaning, furniture assembly, and home appliance maintenance. The app serves as an online marketplace for these services, allowing users to access both individual maintenance tasks and comprehensive annual packages for their homes and facilities. By pre-screening professionals, Munjz ensures that clients receive reliable and efficient service for their property management needs.
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.
Nearpay
Seed Round in 2022
Nearpay is a fintech startup based in Saudi Arabia, dedicated to simplifying payment processes for merchants. The company develops financial payment software that provides convenient payment solutions through smartphones, allowing merchants to accept contactless payments without requiring credit or debit cards. This innovation particularly benefits small store owners, shipping representatives, and food delivery partners by enabling them to collect payments easily and efficiently. Nearpay's mission is to create a secure and accessible payment infrastructure that enhances the overall transaction experience for various businesses.
Brimore
Series A in 2022
Brimore is a social commerce platform that connects emerging brand owners with a network of individual distributors, enabling them to market and sell their products via social media. The platform facilitates a parallel distribution channel, allowing small local manufacturers to reach consumers directly through freelance sales agents. By leveraging data analytics, Brimore provides nationwide coverage across all twenty-seven governorates, enhancing the visibility and accessibility of emerging brands in the market. This approach supports local businesses by expanding their sales reach and fostering a community-driven sales model.
Brimore
Series A in 2022
Brimore is a social commerce platform that connects emerging brand owners with a network of individual distributors, enabling them to market and sell their products via social media. The platform facilitates a parallel distribution channel, allowing small local manufacturers to reach consumers directly through freelance sales agents. By leveraging data analytics, Brimore provides nationwide coverage across all twenty-seven governorates, enhancing the visibility and accessibility of emerging brands in the market. This approach supports local businesses by expanding their sales reach and fostering a community-driven sales model.
Munjz
Seed Round in 2021
Munjz LLC is a mobile application-based company founded in 2017 and headquartered in Dammam, Saudi Arabia. It connects customers with licensed handymen for a variety of household services, including plumbing, electrical work, air-conditioning, cleaning, furniture assembly, and home appliance maintenance. The app serves as an online marketplace for these services, allowing users to access both individual maintenance tasks and comprehensive annual packages for their homes and facilities. By pre-screening professionals, Munjz ensures that clients receive reliable and efficient service for their property management needs.
hello world kids
Seed Round in 2021
Hello World Kids is an educational organization based in Jordan that focuses on teaching coding and programming skills to children aged six to twelve. Founded in 2015, the company provides a comprehensive online learning platform designed for students in junior 1 to level 6. It offers training programs for public and private schools, as well as for parents and teachers. The platform emphasizes native coding skills, enabling children to develop not only their programming abilities but also their creativity and entrepreneurial spirit. Through its curriculum, Hello World Kids aims to empower the next generation with essential tech skills.
Tamatem
Series B in 2021
Tamatem Inc. is a mobile gaming studio and publishing company based in Amman, Jordan, with an additional office in Mountain View, California. Founded in 2013, Tamatem specializes in developing and localizing mobile games for Arabic-speaking smartphone users. The company collaborates with international studios to adapt games, ensuring they resonate culturally and linguistically with the Arabic audience. Tamatem's portfolio includes various genres, such as racing, RPG-MMO, strategy, puzzle, and trivia games. With a focus on user acquisition, distribution, and monetization, Tamatem has successfully published 40 games that have garnered over 50 million downloads. The company is recognized for its expertise in making games relevant to the regional market, enhancing their potential for success.
MUNCH:ON
Series A in 2021
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 its restaurant 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
Raqamyah Platform
Seed Round in 2021
Raqamyah is a regulated peer to peer (P2P) financing platform by Saudi Arabian Monetary Authority (SAMA). As a Fintech company, Raqamyah uses innovative technology to directly connect small businesses seeking fast, affordable finance with financers who can help fund their growth.
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.
Rain
Series A in 2021
Rain is a regulated cryptocurrency exchange based in Manama, Bahrain, that was founded in 2017. It operates a digital currency trading platform specifically designed to facilitate secure and compliant transactions in the Middle East. The platform allows clients to buy, sell, and store digital currencies while adhering to regulatory standards. By functioning within a regulatory sandbox, Rain aims to provide a safe environment for digital transactions, enhancing trust and security for its users.
POSRocket
Venture Round in 2021
POSRocket, founded in 2016 and based in Amman, Jordan, offers a cloud-based point-of-sale (POS) system designed to replace traditional cash registers. The platform is user-friendly and caters to a diverse range of businesses, including restaurants, boutique shops, coffee shops, bakeries, salons, spas, and dry cleaners. POSRocket's solution helps clients manage and grow their operations by optimizing manpower resources, regulating inventory, and generating various sales reports. This technology allows business owners to monitor their operations in real-time from any device, enabling smarter decision-making and enhanced operational efficiency.
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
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.
Raqamyah Platform
Seed Round in 2021
Raqamyah is a regulated peer to peer (P2P) financing platform by Saudi Arabian Monetary Authority (SAMA). As a Fintech company, Raqamyah uses innovative technology to directly connect small businesses seeking fast, affordable finance with financers who can help fund their growth.
Buseet
Convertible Note in 2021
Buseet Corporation is a shared mobility startup based in Cairo, Egypt, founded in 2016. The company operates an online bus platform that simplifies the process of booking bus rides for daily commuters. Users can select their pickup and drop-off points, utilize saved locations for convenience, and pay via credit card. Buseet's platform offers the option to find nearby stations and provides personalized recommendations to help users optimize their travel plans. The service features air-conditioned buses with fixed routes and times, ensuring a comfortable commuting experience. Additionally, Buseet offers customer support to assist users in planning their daily commutes efficiently.
Salla
Series A in 2020
Salla is a Saudi-based e-commerce platform that enables users to create their own online stores in Arabic, allowing them to sell products and services directly to customers. Users can personalize their stores by choosing from various design templates and establishing a branded domain name. The platform offers comprehensive inventory management and marketing tools, along with features such as automatic invoicing, customer database management, and promotional capabilities like discounts and offers. Additionally, Salla provides detailed reports that help store owners analyze performance metrics and optimize their operations. This functionality allows e-commerce merchants to manage their businesses efficiently without incurring fees or commissions.
Cartlow
Seed Round in 2020
Cartlow is an online marketplace based in Dubai, United Arab Emirates, that specializes in the buying and selling of refurbished, open-box, and certified goods. Founded in 2019, the platform caters to both individual users and businesses by offering a wide range of products, including apparel, electronics, home appliances, and cosmetics. Cartlow focuses on creating a circular economy by implementing advanced reverse logistics management and buyback programs, ensuring that used products are inspected, tested, and certified before resale. This approach not only promotes sustainable practices but also allows customers to access affordable, quality products while enabling sellers to find suitable deals for their used items.
POSRocket
Series B in 2020
POSRocket, founded in 2016 and based in Amman, Jordan, offers a cloud-based point-of-sale (POS) system designed to replace traditional cash registers. The platform is user-friendly and caters to a diverse range of businesses, including restaurants, boutique shops, coffee shops, bakeries, salons, spas, and dry cleaners. POSRocket's solution helps clients manage and grow their operations by optimizing manpower resources, regulating inventory, and generating various sales reports. This technology allows business owners to monitor their operations in real-time from any device, enabling smarter decision-making and enhanced operational efficiency.
Salla
Seed Round in 2020
Salla is a Saudi-based e-commerce platform that enables users to create their own online stores in Arabic, allowing them to sell products and services directly to customers. Users can personalize their stores by choosing from various design templates and establishing a branded domain name. The platform offers comprehensive inventory management and marketing tools, along with features such as automatic invoicing, customer database management, and promotional capabilities like discounts and offers. Additionally, Salla provides detailed reports that help store owners analyze performance metrics and optimize their operations. This functionality allows e-commerce merchants to manage their businesses efficiently without incurring fees or commissions.
Chefaa
Series A in 2020
Chefaa is a Cairo-based company founded in 2017 that operates a smart medicine application designed to streamline the process of ordering medications from local pharmacies. This GPS-enabled platform not only allows users to order medicine online but also provides features such as medication reminders, enhancing patient adherence to treatment plans. By leveraging artificial intelligence and a data-driven approach, Chefaa aims to improve the management of chronic illnesses while facilitating better accessibility and affordability for patients. The company focuses on connecting patients with pharmacies across Egypt, ensuring a comprehensive and patient-centric approach to pharmacy needs, thereby minimizing waiting times and effort involved in obtaining medications.
Munjz
Seed Round in 2020
Munjz LLC is a mobile application-based company founded in 2017 and headquartered in Dammam, Saudi Arabia. It connects customers with licensed handymen for a variety of household services, including plumbing, electrical work, air-conditioning, cleaning, furniture assembly, and home appliance maintenance. The app serves as an online marketplace for these services, allowing users to access both individual maintenance tasks and comprehensive annual packages for their homes and facilities. By pre-screening professionals, Munjz ensures that clients receive reliable and efficient service for their property management needs.
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.
QiDZ
Seed Round in 2019
QiDZ LLC is a mobile application company based in Dubai, United Arab Emirates, founded in 2017. The platform connects parents with entertainment, education, and after-school vendors, allowing them to discover a variety of fun and educational activities for children. Users can plan and book these activities and services online instantly, making it easier for families to find engaging experiences. The application serves as a one-stop destination for activities catering to children of all ages, while also enabling vendors to promote their offerings to a targeted audience of parents.
Cartlow
Seed Round in 2019
Cartlow is an online marketplace based in Dubai, United Arab Emirates, that specializes in the buying and selling of refurbished, open-box, and certified goods. Founded in 2019, the platform caters to both individual users and businesses by offering a wide range of products, including apparel, electronics, home appliances, and cosmetics. Cartlow focuses on creating a circular economy by implementing advanced reverse logistics management and buyback programs, ensuring that used products are inspected, tested, and certified before resale. This approach not only promotes sustainable practices but also allows customers to access affordable, quality products while enabling sellers to find suitable deals for their used items.
POSRocket
Series A in 2019
POSRocket, founded in 2016 and based in Amman, Jordan, offers a cloud-based point-of-sale (POS) system designed to replace traditional cash registers. The platform is user-friendly and caters to a diverse range of businesses, including restaurants, boutique shops, coffee shops, bakeries, salons, spas, and dry cleaners. POSRocket's solution helps clients manage and grow their operations by optimizing manpower resources, regulating inventory, and generating various sales reports. This technology allows business owners to monitor their operations in real-time from any device, enabling smarter decision-making and enhanced operational efficiency.
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.
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 variety of educational tools and resources. The platform provides access to a collection of on-demand video courses and recorded lectures across various subjects, all tailored for Arabic-speaking students. By focusing on delivering high-quality educational content, Shroo7 aims to enhance learning experiences and support knowledge advancement for its users.
Mntrni
Seed Round in 2019
Mntrni is a mobile application based in Jeddah, Saudi Arabia, that connects users with experts and specialists across various fields. Founded in 2017, the platform offers mentoring services tailored for individuals, businesses, and young professionals. It facilitates communication through features such as appointment booking, online meetings, and appointment confirmations. By providing a technical platform, Mntrni enables startup entrepreneurs to access reliable guidance and consultation, enhancing their business efficiency and growth potential. The application is available on both Android and iOS platforms, making its services accessible to a wide audience.
Munjz
Seed Round in 2019
Munjz LLC is a mobile application-based company founded in 2017 and headquartered in Dammam, Saudi Arabia. It connects customers with licensed handymen for a variety of household services, including plumbing, electrical work, air-conditioning, cleaning, furniture assembly, and home appliance maintenance. The app serves as an online marketplace for these services, allowing users to access both individual maintenance tasks and comprehensive annual packages for their homes and facilities. By pre-screening professionals, Munjz ensures that clients receive reliable and efficient service for their property management needs.
Shezlong
Seed Round in 2019
Shezlong is an online mental health platform based in Cairo, Egypt, and is recognized as the first and largest online psychotherapy service in the Arab world. Founded in 2016, Shezlong connects users with over 350 licensed therapists, facilitating private and convenient access to professional counseling in Arabic. The platform serves a diverse clientele, reaching over 100,000 users across 85 countries, primarily targeting Arabic-speaking individuals in the MENA region. Users can access a range of services, including informative blogs, psychometric tests to assess their mental state, and personalized therapist recommendations. Shezlong allows clients to book sessions and communicate with therapists through video, ensuring confidentiality and privacy. By empowering therapists and providing comprehensive mental wellness resources, Shezlong aims to be an integral part of its users' daily routines, promoting better mental health and well-being.
Taskty.com
Seed Round in 2019
Taskty.com is an online marketplace based in Egypt that connects users with individuals and service agencies to fulfill various short-term tasks for both home and business. Founded in 2012, the platform offers a diverse range of services, including translation, copywriting, graphic design, event photography, house maintenance, and private nursing. Additionally, Taskty provides access to a variety of household services, such as housekeeping, pest control, plumbing, carpentry, and electrical work, allowing customers to select providers based on their specific needs and budget.
Caramella
Seed Round in 2019
Caramella is a Saudi Arabian startup that has developed an online platform for publishing social media content and blogging. The platform is designed to be user-friendly and powerful, allowing users to create visually appealing articles and posts quickly, using over 80 customizable templates. Caramella focuses on a diverse range of topics, including products, technology, healthcare, marketing, and travel, providing readers with informative articles and blogs that keep them updated on the latest news and trends.
Rain
Seed Round in 2019
Rain is a regulated cryptocurrency exchange based in Manama, Bahrain, that was founded in 2017. It operates a digital currency trading platform specifically designed to facilitate secure and compliant transactions in the Middle East. The platform allows clients to buy, sell, and store digital currencies while adhering to regulatory standards. By functioning within a regulatory sandbox, Rain aims to provide a safe environment for digital transactions, enhancing trust and security for its users.
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.
Salla
Seed Round in 2019
Salla is a Saudi-based e-commerce platform that enables users to create their own online stores in Arabic, allowing them to sell products and services directly to customers. Users can personalize their stores by choosing from various design templates and establishing a branded domain name. The platform offers comprehensive inventory management and marketing tools, along with features such as automatic invoicing, customer database management, and promotional capabilities like discounts and offers. Additionally, Salla provides detailed reports that help store owners analyze performance metrics and optimize their operations. This functionality allows e-commerce merchants to manage their businesses efficiently without incurring fees or commissions.
MUNCH:ON
Series A in 2019
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 its restaurant 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
Rain
Seed Round in 2019
Rain is a regulated cryptocurrency exchange based in Manama, Bahrain, that was founded in 2017. It operates a digital currency trading platform specifically designed to facilitate secure and compliant transactions in the Middle East. The platform allows clients to buy, sell, and store digital currencies while adhering to regulatory standards. By functioning within a regulatory sandbox, Rain aims to provide a safe environment for digital transactions, enhancing trust and security for its users.
Buseet
Seed Round in 2019
Buseet Corporation is a shared mobility startup based in Cairo, Egypt, founded in 2016. The company operates an online bus platform that simplifies the process of booking bus rides for daily commuters. Users can select their pickup and drop-off points, utilize saved locations for convenience, and pay via credit card. Buseet's platform offers the option to find nearby stations and provides personalized recommendations to help users optimize their travel plans. The service features air-conditioned buses with fixed routes and times, ensuring a comfortable commuting experience. Additionally, Buseet offers customer support to assist users in planning their daily commutes efficiently.
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 variety of educational tools and resources. The platform provides access to a collection of on-demand video courses and recorded lectures across various subjects, all tailored for Arabic-speaking students. By focusing on delivering high-quality educational content, Shroo7 aims to enhance learning experiences and support knowledge advancement for its users.
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.
Buseet
Seed Round in 2018
Buseet Corporation is a shared mobility startup based in Cairo, Egypt, founded in 2016. The company operates an online bus platform that simplifies the process of booking bus rides for daily commuters. Users can select their pickup and drop-off points, utilize saved locations for convenience, and pay via credit card. Buseet's platform offers the option to find nearby stations and provides personalized recommendations to help users optimize their travel plans. The service features air-conditioned buses with fixed routes and times, ensuring a comfortable commuting experience. Additionally, Buseet offers customer support to assist users in planning their daily commutes efficiently.
Salla
Seed Round in 2018
Salla is a Saudi-based e-commerce platform that enables users to create their own online stores in Arabic, allowing them to sell products and services directly to customers. Users can personalize their stores by choosing from various design templates and establishing a branded domain name. The platform offers comprehensive inventory management and marketing tools, along with features such as automatic invoicing, customer database management, and promotional capabilities like discounts and offers. Additionally, Salla provides detailed reports that help store owners analyze performance metrics and optimize their operations. This functionality allows e-commerce merchants to manage their businesses efficiently without incurring fees or commissions.
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.
Caramella
Pre Seed Round in 2018
Caramella is a Saudi Arabian startup that has developed an online platform for publishing social media content and blogging. The platform is designed to be user-friendly and powerful, allowing users to create visually appealing articles and posts quickly, using over 80 customizable templates. Caramella focuses on a diverse range of topics, including products, technology, healthcare, marketing, and travel, providing readers with informative articles and blogs that keep them updated on the latest news and trends.
Tamatem
Series A in 2018
Tamatem Inc. is a mobile gaming studio and publishing company based in Amman, Jordan, with an additional office in Mountain View, California. Founded in 2013, Tamatem specializes in developing and localizing mobile games for Arabic-speaking smartphone users. The company collaborates with international studios to adapt games, ensuring they resonate culturally and linguistically with the Arabic audience. Tamatem's portfolio includes various genres, such as racing, RPG-MMO, strategy, puzzle, and trivia games. With a focus on user acquisition, distribution, and monetization, Tamatem has successfully published 40 games that have garnered over 50 million downloads. The company is recognized for its expertise in making games relevant to the regional market, enhancing their potential for success.
MENAbytes
Pre Seed Round in 2018
MENAbytes is an online media publication based in Saudi Arabia, founded in 2017. It focuses on covering technology and startups within the Middle East and North Africa (MENA) region. The platform aims to represent and connect the local startup community by providing exclusive reports on funding deals and other relevant developments in the tech ecosystem. MENAbytes operates as a subsidiary of Riseup LLC, enhancing its capacity to serve the interests of entrepreneurs and investors in the region.
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.
Bayzat
Series A in 2017
Bayzat LLC operates an online platform in the United Arab Emirates that allows users to compare and purchase health insurance policies. Established in 2013 and headquartered in Dubai, the company also provides a suite of services including Bayzat Benefits, which enables users to track their insurance policies, view benefits and exclusions, and access information about covered networks and nearby hospitals. In addition to health insurance, Bayzat offers car insurance services and human resource software solutions that help businesses manage employee records, track time off, and administer health benefits. By streamlining the insurance and payroll processes, Bayzat aims to enhance the overall employee experience for over 80,000 individuals, particularly focusing on small and medium-sized enterprises.
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