Derayah Ventures

Derayah Ventures is a venture capital investment firm established in 2019 and based in Riyadh, Saudi Arabia. The firm focuses on making minority investments in early-stage startups, specifically during their seed and Series A funding rounds. Derayah Ventures targets high-growth startups across various sectors, including software, artificial intelligence, e-commerce, fintech, SaaS, and the Internet of Things, primarily in the Middle East and North Africa region. By concentrating on innovative companies in these dynamic industries, Derayah Ventures aims to support and accelerate the growth of promising entrepreneurial ventures in the area.

Faris AlRashed

Founder and Chairman

Past deals in Riyadh

Syarah

Series C in 2024
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.

Sary

Series B in 2021
Sary is a digital business-to-business marketplace based in Riyadh, Saudi Arabia, that connects small and medium-sized enterprises with merchant wholesalers of fast-moving consumer goods (FMCG). Founded in 2018 by Mohammed Aldossary and Khaled AlSiari, Sary aims to streamline the supply chain in the wholesale industry, allowing businesses to efficiently procure inventory. Its mobile and web application offers a range of FMCG products, including beverages, oils, and snacks, facilitating orders from small quantities to truckloads with rapid delivery options, often within 24 hours. Sary serves a diverse clientele, including mini-market chains, hotels, restaurants, and convenience shops, and has expanded its operations to 12 major cities, catering to over 40,000 customers and partnering with more than 1,700 brands and wholesalers. The platform provides users with immediate price quotations and product comparisons, enabling them to manage their expenses effectively as their businesses grow.

Sary

Series A in 2020
Sary is a digital business-to-business marketplace based in Riyadh, Saudi Arabia, that connects small and medium-sized enterprises with merchant wholesalers of fast-moving consumer goods (FMCG). Founded in 2018 by Mohammed Aldossary and Khaled AlSiari, Sary aims to streamline the supply chain in the wholesale industry, allowing businesses to efficiently procure inventory. Its mobile and web application offers a range of FMCG products, including beverages, oils, and snacks, facilitating orders from small quantities to truckloads with rapid delivery options, often within 24 hours. Sary serves a diverse clientele, including mini-market chains, hotels, restaurants, and convenience shops, and has expanded its operations to 12 major cities, catering to over 40,000 customers and partnering with more than 1,700 brands and wholesalers. The platform provides users with immediate price quotations and product comparisons, enabling them to manage their expenses effectively as their businesses grow.

Speero

Seed Round in 2020
Speero operates an online marketplace for buying new and used automotive spare parts. Founded in 2017, it offers specialized support for queries, quotations, and information.

Speero

Pre Seed Round in 2019
Speero operates an online marketplace for buying new and used automotive spare parts. Founded in 2017, it offers specialized support for queries, quotations, and information.
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