DAAL
DAAL is a venture capital firm based in Al Khobar, Saudi Arabia, focused on growth capital and emerging investments in the information technology sector. Established in 2017, DAAL targets companies in areas such as software as a service, internet of things, artificial intelligence, fintech, and big data. The firm aims to connect promising IT opportunities globally with experienced investors from Saudi Arabia, facilitating the entry of innovative companies into the Gulf Cooperation Council region. By offering mentorship and business development insights, DAAL supports the growth of emerging companies, particularly those looking to expand into the Middle Eastern market. The firm is committed to fostering investment in the technology landscape and creating valuable opportunities for its investors.
Top Stages
https://crunchbase.com/organization/***
https://linkedin.com/company/***
Past deals in Gulf Cooperation Council
Ogram
Series A in 2022
Ogram operates a staffing platform that connects temporary workers with on-demand jobs across sectors including F&B, hospitality, retail, e-commerce and logistics. Based in Dubai, it addresses on-site manpower needs by offering a human-cloud solution that facilitates staff placement, scheduling, coordination and replacement. The platform provides tailored service lines to fit each client’s occasion, budget and staffing requirements, enabling quick and efficient fill of temporary or long-term positions while improving access to reliable staff and reducing onboarding time.
Caramella
Seed Round in 2019
Caramella is a Saudi Arabian company that develops an online platform for publishing social media content. It offers over 80 templates to create stylish, easy-to-use blog posts on various topics.
Caramella
Convertible Note in 2019
Caramella is a Saudi Arabian company that develops an online platform for publishing social media content. It offers over 80 templates to create stylish, easy-to-use blog posts on various topics.
Paymes
Seed Round in 2019
Paymes is a fintech startup focused on delivering innovative payment solutions tailored for social commerce. It operates in Turkey, Azerbaijan, and the GCC region, aiming to simplify the e-commerce experience for sellers. The platform enables merchants to accept payments seamlessly through popular messaging apps like Facebook Messenger and WhatsApp, as well as via web browsers without requiring additional applications. Paymes also offers a range of payment collection solutions, including a corporate collection panel, QR code payments, and mobile point-of-sale functionality. Additionally, it provides e-commerce solutions such as an open API and ready-to-use plugins for platforms like Opencart and WooCommerce. By leveraging artificial intelligence and ensuring a user-friendly interface, Paymes facilitates global payments and enhances the online selling process, making it accessible for users with varying levels of financial literacy.
Paymes
Seed Round in 2018
Paymes is a fintech startup focused on delivering innovative payment solutions tailored for social commerce. It operates in Turkey, Azerbaijan, and the GCC region, aiming to simplify the e-commerce experience for sellers. The platform enables merchants to accept payments seamlessly through popular messaging apps like Facebook Messenger and WhatsApp, as well as via web browsers without requiring additional applications. Paymes also offers a range of payment collection solutions, including a corporate collection panel, QR code payments, and mobile point-of-sale functionality. Additionally, it provides e-commerce solutions such as an open API and ready-to-use plugins for platforms like Opencart and WooCommerce. By leveraging artificial intelligence and ensuring a user-friendly interface, Paymes facilitates global payments and enhances the online selling process, making it accessible for users with varying levels of financial literacy.
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