Elm

Elm specializes in delivering a diverse array of ready-made and customized digital solutions tailored to meet the specific needs and aspirations of its clients. The company serves a broad customer base through various subscription packages designed to address different business requirements. Elm's offerings include consulting, data analysis, and technical solutions, with a significant focus on digital business, business process outsourcing, and professional services. The majority of Elm's revenue is generated from the digital business segment, reflecting its commitment to providing innovative and effective solutions to its customers.

Jehad Baker

Director - International Business

20 past transactions

THIQAH

Acquisition in 2025
THIQAH is an information technology company that delivers a range of services to both government and private sector clients. The company specializes in E-Services, Professional Services, and Data Services, aiming to assist organizations in overcoming technological challenges. Its offerings include solutions for data management, business and customer management, connectivity platforms, marketing, human resources, financial management, and legal services. By providing these comprehensive services, THIQAH supports its clients in accelerating business growth and navigating the complexities of the modern technological landscape.

Reachware

Seed Round in 2024
Reachware is a technology company that specializes in cloud integration platforms. Its core business involves developing and providing a service that enables different systems and data to connect and work together seamlessly, creating a unified business ecosystem. Reachware's platform facilitates cross-system collaboration, streamlines workflows through a centralized data hub, and automates repetitive tasks, thereby boosting efficiency and innovation among businesses that use it.

Syarah

Series C in 2024
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.

Youverify

Seed Round in 2024
Youverify Inc. is a technology company founded in 2017 and based in Lewes, Delaware, specializing in identity verification solutions. The company's flagship product, Youverify, enables businesses and individuals to confirm user identities and physical addresses through advanced AI technology. It verifies identity documents by comparing them with facial biometrics and cross-checks this information against over 300 local and global databases. Youverify also collaborates with more than 20,000 field verification officers across Sub-Saharan Africa, ensuring physical address verification within 48 hours. By providing a single API for identity and address verification, Youverify addresses the challenges in Africa's digital landscape, offering a secure platform for background screening that includes identity fraud detection, encrypted data privacy, and risk assessment capabilities.

Klaim

Seed Round in 2023
Klaim is a healthcare FinTech company focused on enhancing cash flow for healthcare providers through innovative payment solutions. By purchasing outstanding medical claims, Klaim provides immediate cash to healthcare providers, enabling them to manage expenses, prioritize patient care, and reduce administrative burdens. The company's advanced claims reimbursement platform leverages artificial intelligence to streamline medical billing processes and predict cash flows, thereby minimizing revenue losses caused by delayed or rejected payments from insurance companies. Through its efficient technology and streamlined approach, Klaim empowers healthcare providers with instant working capital, allowing them to navigate financial challenges more effectively.

FlyAkeed

Series A in 2023
FlyAkeed is a digital platform that aims to enhance corporate travel experiences through comprehensive automation. It functions as an online travel agency, travel management company, and expense management solution, catering to the needs of businesses and their employees. The platform provides real-time solutions for various aspects of travel, including searching, booking, approvals, ticketing, and invoicing, all while incorporating automatic corporate discounts. This enables multiple departments, such as Travel Management, Finance, and HR, to optimize cost efficiency. Additionally, FlyAkeed allows employees to access the same streamlined services and corporate benefits for their personal travel, thereby creating a versatile travel management ecosystem.

Telgani

Series A in 2023
Telgani is a car rental company founded in 2018 and based in Riyadh, Saudi Arabia. It offers an online portal and mobile application that allows customers to easily and quickly rent their preferred vehicles at competitive prices. The platform enables users to select their desired car and travel location while providing options to compare and book from nearby rental providers. This streamlined approach facilitates a convenient car rental experience for users.

525K Global Solutions

Seed Round in 2023
525K Global Solutions Inc. is a technology company dedicated to enhancing the efficiency of product delivery for sellers and e-commerce platforms. The company develops a logistics management platform that offers real-time insights and user-friendly tools, enabling intelligent booking and inventory management across multiple locations. By integrating with retail and web engines, 525K facilitates the rapid delivery of products, with a goal of achieving delivery times as short as one minute. The company's focus encompasses various aspects of e-commerce, including warehousing, fulfillment, last mile delivery, and global supply chain management, aiming to revolutionize the speed and effectiveness of product distribution on a global scale.

Carefer

Seed Round in 2023
Carefer Fleet is a provider of cloud-based fleet maintenance management software designed to streamline fleet operations for businesses. The platform offers a centralized control panel that simplifies the management of maintenance requests, allowing users to receive quotes from a network of workshops and parts suppliers, facilitate payments, and schedule vehicle transportation. By automating these processes, Carefer aims to enhance the effectiveness of fleet maintenance, reduce operational complexity, and lower maintenance costs. The software consolidates various functions into a single, user-friendly solution, helping clients improve efficiency and ensure high-quality service delivery.

Zid زد

Series B in 2022
Zid is a cloud-based multi-channel commerce platform tailored for small and medium-sized businesses in Saudi Arabia. Founded in 2017 and headquartered in Riyadh, Zid enables merchants to create their own branded eStores while integrating with various supply chain players. The platform offers a comprehensive suite of tools that allow users to manage products and inventory, process orders and payments, ship products, and build customer relationships. It also provides analytics and reporting features, facilitating data-driven decision-making, and offers access to financing options. Zid's mission is to simplify the entry of retailers into electronic commerce, making it accessible and professional for businesses in the region.

Cura كيورا

Series A in 2021
Cura is a telemedicine company that connects patients with licensed doctors through its platform, allowing users in Saudi Arabia to access teleconsultations across approximately 200 medical specialties. Since its launch in 2016, Cura has enhanced its services to enable users to receive diagnoses based on international standards and obtain e-prescriptions for themselves or their family members. The platform facilitates consultations through various media, including pictures, videos, and audio recordings, ensuring that patients can follow up on their healthcare needs without the constraints of time or distance. Users can also pay for services using their health insurance, further streamlining the process of accessing medical care.

Syarah

Series B in 2021
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.

HealthifyMe

Series C in 2021
HealthifyMe is a fitness application that supports users in achieving their health and weight loss objectives through digital platforms, including computers and smartphones. Launched in 2012 and based in Bangalore, India, the application allows users to track calories, nutrition, and fitness activities while monitoring their weight and overall health. It also enables users to set personalized health goals and access expert advice from nutritionists and fitness trainers. The platform features an artificial intelligence-powered fitness coach that uses automated analytics to help users manage their dietary intake and receive tailored online fitness consultations. Through its comprehensive tools and expert guidance, HealthifyMe aims to enhance individual wellness and promote healthier lifestyles.

Zid زد

Series A in 2021
Zid is a cloud-based multi-channel commerce platform tailored for small and medium-sized businesses in Saudi Arabia. Founded in 2017 and headquartered in Riyadh, Zid enables merchants to create their own branded eStores while integrating with various supply chain players. The platform offers a comprehensive suite of tools that allow users to manage products and inventory, process orders and payments, ship products, and build customer relationships. It also provides analytics and reporting features, facilitating data-driven decision-making, and offers access to financing options. Zid's mission is to simplify the entry of retailers into electronic commerce, making it accessible and professional for businesses in the region.

Foodics

Series B in 2021
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.

Tabadul

Acquisition in 2020
Tabadul is a technology developer specializing in digital solutions for the logistics industry. The company focuses on creating innovative programs, systems, and applications that enhance operational performance and transparency. By providing e-transaction solutions and communication tools, Tabadul facilitates the exchange of data between the Customs Authority and various private and public entities involved in the export and import sectors. Its offerings aim to improve efficiency in logistics operations and redefine the concept of electronic exchange in the industry.

Zid زد

Seed Round in 2019
Zid is a cloud-based multi-channel commerce platform tailored for small and medium-sized businesses in Saudi Arabia. Founded in 2017 and headquartered in Riyadh, Zid enables merchants to create their own branded eStores while integrating with various supply chain players. The platform offers a comprehensive suite of tools that allow users to manage products and inventory, process orders and payments, ship products, and build customer relationships. It also provides analytics and reporting features, facilitating data-driven decision-making, and offers access to financing options. Zid's mission is to simplify the entry of retailers into electronic commerce, making it accessible and professional for businesses in the region.

Syarah

Series A in 2019
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.

Unifonic

Series A in 2018
Unifonic Inc. is a cloud-based communication solutions provider founded in 2006 and headquartered in San Francisco, California. The company specializes in developing an omnichannel customer engagement platform that facilitates seamless interactions between organizations and their customers. Unifonic offers a suite of services including SMS, voice, phone number verification, and real-time roaming detection, enabling businesses to optimize their communication strategies without the burden of maintaining expensive infrastructure. The company serves a diverse clientele in the MENA region, including notable names such as Haier, Aramex, Easy Taxi, Careem, Medgulf, and Arabia Insurance. By delivering an affordable and multilingual communication solution, Unifonic empowers organizations to enhance customer experiences and streamline engagements across various touchpoints.

Syarah

Series A in 2018
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.
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