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.
Noon Academy
Series B in 2023
Noon Academy operates an online learning platform that focuses on enhancing educational experiences for students in the Middle East. Founded in 2013 and headquartered in Riyadh, Saudi Arabia, with offices in Cairo, Egypt, and Bengaluru, India, the platform has successfully taught 12 million students. It offers a blend of free educational content and tutoring services, allowing students to study collaboratively in groups, compete with peers, and request on-demand tutoring. The platform is designed to prepare students for various examinations, including general aptitude and achievement tests. Additionally, Noon Academy supports teachers by enabling them to build followings and earn income based on their performance and student feedback. By integrating elements of peer-to-peer learning and advanced technology, Noon Academy aims to provide equitable access to high-quality education for every student.
Tabby Inc. is a financial technology company based in the United Arab Emirates that offers payment solutions for online purchases. It operates a platform that provides customers in the UAE and Saudi Arabia with a buy now, pay later option, allowing them to make payments for their purchases either in a single deferred payment or through multiple installments. This service aims to enhance financial flexibility, enabling consumers to manage their spending more effectively while ensuring safe payment transactions. Through its innovative approach, Tabby seeks to reshape the relationship individuals have with their finances, promoting a more accessible shopping experience.
Zid is an e-commerce in a box - solution that any retailer can use to start their eRetail. Zid helps them to build their own eStores (with their own name and identity) and integrates them with the supply chain players to enable them to manage and with ease. The company aims to enable the retail sector to enter the world of electronic retail in an easy and professional. Zid was founded in 2017 and based in Riyadh, Ar Riyad, Saudi Arabia.
ZenHR
Venture Round in 2022
ZenHR is a cloud-based human resources management system based in Amman, Jordan, with additional offices in Dubai and Riyadh. Founded in 2016, the company focuses on the Middle East and North Africa, providing a comprehensive suite of HR solutions tailored to local labor laws, expat regulations, and tax requirements. ZenHR's software includes features such as onboarding and offboarding, attendance and time tracking, payroll, performance evaluation, and employee self-service tools. By streamlining HR processes, ZenHR aims to enhance the experience for both HR departments and employees, facilitating a seamless transition from recruitment to retirement. The platform serves a range of clients, from small and medium-sized enterprises to larger organizations, positioning itself as a leader in the B2B HR SaaS market in the region.
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.
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.
Sary is a digital B2B marketplace based in Riyadh, Saudi Arabia, that connects small businesses with merchant wholesalers of fast-moving consumer goods (FMCG). Launched in 2018, the platform allows small and medium-sized enterprises, including mini-market chains, hotels, restaurants, and convenience shops, to efficiently procure a wide range of products such as milk, tea, coffee, water, soft drinks, juices, oils, and chocolates. Sary's user-friendly mobile and web application enables customers to place orders for wholesale items, ranging from small boxes to large truckloads, with delivery options available as quickly as 24 hours. The company has expanded its services to 12 major cities and has served over 40,000 customers while collaborating with more than 1,700 brands and wholesalers. Sary aims to streamline the supply chain in the wholesale industry, providing businesses with immediate price quotations, product comparisons, and insights to help manage costs effectively.
MRSOOL is an on-demand delivery platform based in Riyadh, Saudi Arabia, founded in 2015. The company enables users to order products from any store within its operational cities, facilitating the transportation of goods directly to consumers' doorsteps. MRSOOL has experienced significant growth, processing over 1 billion Riyals and serving more than 10 million users by early 2019. It pioneered a unique customer-to-customer network in the region, allowing users to describe their delivery needs through a chat-based interface. This innovative model empowers couriers to bid for delivery jobs, creating a scalable and self-regulating system that enhances user experience and operational efficiency.
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.
Vezeeta is a digital healthcare platform based in Heliopolis, Egypt, that connects patients with healthcare providers across the Middle East and Africa, including Egypt, Saudi Arabia, Jordan, and Lebanon. Founded in 2011, the platform allows patients to search, compare, book, and review doctors, leveraging more than 200,000 verified reviews to enhance the decision-making process. Vezeeta offers a user-friendly experience, enabling patients to schedule appointments for in-clinic, virtual, or at-home consultations in as little as one minute. In addition to patient services, the company provides innovative software solutions for healthcare providers, facilitating clinic management and improving overall healthcare experiences. With features like live scheduling, automated appointment reminders, and comprehensive information on healthcare providers, Vezeeta aims to empower patients and enhance access to quality healthcare in the region.
Kitopi is a Kitchen as a Service (KaaS) platform that facilitates the establishment of delivery-only restaurant locations by offering managed kitchen infrastructure and software solutions. Founded in 2018 by Mohamad Ballout, Saman Darkan, Bader Ataya, and Andy Arenas, Kitopi operates a network of over 60 cloud kitchens across the United Arab Emirates, Saudi Arabia, Kuwait, and Bahrain. The company enables restaurateurs to minimize capital expenditure and streamline operations by providing essential services such as management, call assistance, delivery management, trained staff, and specialized technology. Although Kitopi expanded into the United States in 2019, it exited the market following the onset of the pandemic.
Property Finder
Private Equity Round in 2018
Property Finder is a leading property portal operating in the Middle East and North Africa (MENA) region, founded in 2005 by Michael Lahyani. Initially launched as a print magazine, the company transitioned to a digital platform and has expanded its services across several countries, including the UAE, Qatar, Bahrain, Saudi Arabia, and Egypt. Property Finder facilitates over 14 million monthly visits, connecting home seekers with real estate brokers and developers through its web and app platform. The company offers a wide range of real estate listings, allowing users to search for properties to buy, sell, lease, or rent. It is recognized for its innovative approach in the proptech sector, having introduced features such as Verified Listings, an AI-driven subscription model called PF Flex, and Data Guru, a tool providing market insights for informed decision-making. Property Finder is also known for its commitment to industry collaboration, hosting events to share market knowledge and best practices among real estate professionals.
Souqalmal
Series B in 2017
Souqalmal.com is the leading financial comparison site in the Middle East with operations in Saudi Arabia, Bahrain and the UAE. The company has empowers customers to make decisions on their best deal on credit cards, mortgages, personal loans and insurance products. The company has raised 3 rounds of fundraise and over USD 12M to date. Shareholders include major comparison site GoCompare from the UK, Hummingbird Ventures, Riyadh Taqnia Fund, 500 Start up amongst others. Multiple awards from the Best Online Business of the Year by Gulf Capital to The UAE start up of the Year by Forbes, the company has thrived and grown its insurance business 7X in 3 years.
Vezeeta is a digital healthcare platform based in Heliopolis, Egypt, that connects patients with healthcare providers across the Middle East and Africa, including Egypt, Saudi Arabia, Jordan, and Lebanon. Founded in 2011, the platform allows patients to search, compare, book, and review doctors, leveraging more than 200,000 verified reviews to enhance the decision-making process. Vezeeta offers a user-friendly experience, enabling patients to schedule appointments for in-clinic, virtual, or at-home consultations in as little as one minute. In addition to patient services, the company provides innovative software solutions for healthcare providers, facilitating clinic management and improving overall healthcare experiences. With features like live scheduling, automated appointment reminders, and comprehensive information on healthcare providers, Vezeeta aims to empower patients and enhance access to quality healthcare in the region.
UTURN Entertainment
Series B in 2016
UTURN Entertainment operates an Arabic entertainment network that produces diverse video content tailored for Arabic speakers worldwide. Founded in 2010 and based in Jeddah, Saudi Arabia, UTURN focuses on creating engaging multimedia in various genres, including entertainment, vlogging, gaming, children's content, and lifestyle. The company aims to promote Arabic culture globally, offering its content through platforms such as the UTURN application and YouTube. By providing edgy, local, and interactive content, UTURN seeks to connect with users in a meaningful way while maintaining a professional standard.
Yemeksepeti
Series B in 2012
Yemeksepeti is Turkey's leading online food ordering platform, allowing users to conveniently order meals from a wide selection of restaurants. Operating in 58 provinces, the company collaborates with nearly 8,000 restaurants to provide fast delivery services, typically within 30 to 45 minutes. The platform gives customers direct access to a variety of dining options, ensuring a seamless ordering experience. Yemeksepeti has also expanded its reach to the Middle East through its global brand Foodonclick.com, serving customers in the UAE, Oman, Qatar, Saudi Arabia, Lebanon, and Greece.