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 Saudi Arabia

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.

Moyasar

Seed Round in 2024
Moyasar operates as an online payment gateway that provides electronic payment solutions. It develops a payment platform to accept and track transactions and offers payment infrastructure designed to help clients grow their networks, with a dashboard to manage accounts and transactions. The service enables e-commerce businesses to accept payments anytime and anywhere, backed by strong security and privacy protections.

Sabbar

Funding Round in 2021
Sabbar Ltd., headquartered in Saudi Arabia, operates an on-demand staffing platform focused on blue-collar jobs within the retail, hospitality, and entertainment sectors across MENA. The company's core business is connecting businesses with highly qualified, vetted professionals for casual staff hiring during peak hours or high seasons. Sabbar streamlines the recruitment process by handling interviews, training, placement, shift scheduling, worker payments, and other administrative tasks, thereby reducing associated costs for its clients.

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.

Lendo

Series A in 2021
Lendo is an alternative lending marketplace that helps digitally finance small and medium-sized enterprises (SMEs) in Saudi Arabia. Lendo was granted the first Crowdlending (debt financing) licensed in Saudi Arabia, and received the Excellence in Finance Leaders Award from FiNext Awards. Lendo’s products and solutions make everyday business activities easier, more secure, and more efficient for both investors and borrowers alike.

Foodics

Series B in 2021
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.

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.

Sabbar

Seed Round in 2019
Sabbar Ltd., headquartered in Saudi Arabia, operates an on-demand staffing platform focused on blue-collar jobs within the retail, hospitality, and entertainment sectors across MENA. The company's core business is connecting businesses with highly qualified, vetted professionals for casual staff hiring during peak hours or high seasons. Sabbar streamlines the recruitment process by handling interviews, training, placement, shift scheduling, worker payments, and other administrative tasks, thereby reducing associated costs for its clients.

Lendo

Seed Round in 2019
Lendo is an alternative lending marketplace that helps digitally finance small and medium-sized enterprises (SMEs) in Saudi Arabia. Lendo was granted the first Crowdlending (debt financing) licensed in Saudi Arabia, and received the Excellence in Finance Leaders Award from FiNext Awards. Lendo’s products and solutions make everyday business activities easier, more secure, and more efficient for both investors and borrowers alike.

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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