Hala Ventures

Hala Ventures is a venture capital firm established in 2018 and located in Al-Khobar, Kingdom of Saudi Arabia. The firm focuses on empowering startups in the Gulf Cooperation Council (GCC) region, particularly those in their early-growth stages. Hala Ventures specializes in investing in technology startups, aiming to foster innovation and support the development of emerging businesses in the tech sector. Through its investments, the firm contributes to the growth of the regional startup ecosystem, providing the necessary resources and guidance for entrepreneurs to succeed.

Ali Abussaud

Co-Founder and Managing Partner

Hussain Almarhoon

Co-Founder and Managing Partner

39 past transactions

Rize

Series A in 2025
Rize is a PropTech platform transforming rental payments for both residential and commercial properties. With its “Rent Now, Pay Later” service, Rize allows tenants to split their annual rent into manageable installments, which benefits both renters, who can better manage their rental budgets, and landlords, who can reach a larger consumer base and receive their yearly rental payment in advance. By enhancing affordability and flexibility, Rize inherently boosts occupancy rates across the rental market.

Quantum Platform

Seed Round in 2024
Quantum Platform is a business-to-business product platform that specializes in providing data-driven sampling solutions. The company utilizes intelligent e-process integration to offer targeted sampling services, specifically designed to engage active online shoppers based on defined criteria, thereby driving conversion rates. Quantum collaborates with global fast-moving consumer goods companies and a range of exclusive online businesses, ensuring that samples are delivered directly to the target audience's doorstep. In addition to its core sampling solutions, the company also develops specialized targeted market research and product testing campaigns, leveraging intelligent matching, feedback, and analytics to help enterprises improve their business outcomes and profitability.

Rize

Seed Round in 2024
Rize is a PropTech platform transforming rental payments for both residential and commercial properties. With its “Rent Now, Pay Later” service, Rize allows tenants to split their annual rent into manageable installments, which benefits both renters, who can better manage their rental budgets, and landlords, who can reach a larger consumer base and receive their yearly rental payment in advance. By enhancing affordability and flexibility, Rize inherently boosts occupancy rates across the rental market.

SuperCommerce

Seed Round in 2024
SuperCommerce is a technology company that provides a low-code enterprise ecommerce platform. It targets software houses and developers, enabling them to build advanced ecommerce solutions using artificial intelligence and machine learning. The platform supports multi-vendor models and automates order splitting among vendors, streamlining the development process for tech teams.

Nearpay

Series A in 2023
Nearpay is a fintech startup based in Saudi Arabia, dedicated to simplifying and securing payment processes for merchants. The company develops innovative payment infrastructure solutions tailored for banks, payment providers, and SaaS startups. Nearpay's software includes a point-of-sale application that allows merchants to accept contactless payments via smartphones, eliminating the necessity for credit or debit cards. This technology is designed to empower small store owners, shipping representatives, and food delivery partners to collect payments effortlessly, enhancing the overall customer experience. Through its commitment to making payments more accessible, Nearpay is actively shaping the future of financial transactions.

Omniful

Seed Round in 2023
Omniful is a developer of an omnichannel retail technology platform aimed at improving order fulfillment and operational efficiency for retailers of all sizes. The platform integrates various functionalities, including order management, warehouse management, inventory management, supply chain logistics, fleet management, and shipping automation. It enables retailers to ship online orders directly from physical stores, thereby enhancing speed and accuracy in fulfilling customer demands. Additionally, Omniful provides tools and software that assist brick-and-mortar retailers in optimizing their processes, automating tasks, and streamlining operations. This comprehensive approach allows retailers to boost productivity and ensure timely delivery of goods to consumers, ultimately enhancing the overall shopping experience.

Krave Mart

Seed Round in 2023
Krave Mart is a quick-commerce startup focused on delivering groceries and other products to customers within a remarkably short time frame of ten minutes. The company operates an online delivery platform that utilizes advanced technology to ensure efficient service. By providing a wide range of groceries, everyday essentials, and consumer durables, Krave Mart aims to meet the growing demand for rapid delivery solutions while maintaining affordability for its customers. Through its innovative approach, the company seeks to enhance the shopping experience by making essential products readily accessible.

intella

Seed Round in 2023
Intella is a provider of visibility and insights that specializes in delivering real-time intelligence to businesses. The company has developed a cloud-based platform that offers on-demand consumer insights and facilitates the creation of surveys. Utilizing a proprietary algorithm, Intella extracts key findings from various market research methods, including surveys and focus groups. The platform also features analytical tools for real-time response analysis and data visualization, allowing clients to effectively engage with hard-to-reach consumer profiles. Through these capabilities, Intella enables businesses to monitor their brand equity and enhance their overall brand performance.

Kaso

Seed Round in 2023
Kaso is a technology-driven company that operates a platform designed to connect restaurants with suppliers for efficient stock management. Its platform facilitates order processing and enhances communication between restaurants and suppliers, allowing for streamlined management of inventory needs. By providing centralized communication, Kaso enables restaurant owners to organize, place, review, and approve orders with ease. This approach not only simplifies the ordering process but also helps restaurant operators save time and reduce costs associated with supply management.

D360 Bank

Venture Round in 2023
D360 Bank is a digital bank that operates primarily through its mobile application. It offers a range of financial services, including secure and user-friendly banking solutions, to its customers.

El-Dokan

Pre Seed Round in 2022
El-Dokan is an information technology consulting company that specializes in developing enterprise eCommerce software tailored for large and growing retail stores in the MENA region. The company focuses on optimizing operations and enhancing sales conversion for its clients by providing end-to-end software development and web application solutions. By streamlining eCommerce processes, El-Dokan allows retail businesses to concentrate on their core activities, ultimately improving their overall efficiency and effectiveness in the competitive online marketplace.

CreditFins

Venture Round in 2022
CreditFins is a pioneering FinTech platform based in Egypt, dedicated to alleviating financial stress through an innovative debt management solution. The company provides a subscription-based service that helps clients pay off their credit card debt more efficiently and affordably. With a proprietary scoring system and plans to incorporate machine learning, CreditFins aims to deliver customized financial services that enhance users' financial well-being. The platform is designed to empower clients by providing them with the tools and information necessary for better financial decision-making, ultimately fostering a more informed and connected customer base.

Subsbase

Seed Round in 2022
SubsBase is a cloud-based subscription and billing platform designed to assist subscription-based businesses in managing their operations, analytics, and billing processes. The platform offers an intuitive and user-friendly interface that streamlines payment, subscription, and invoice management. By providing customizable solutions for recurring revenue and subscription offerings, SubsBase allows businesses to tailor their plans, pricing, and billing cycles to meet specific requirements. The automation features of the platform enhance efficiency by reducing the overhead associated with subscriber lifecycle management, enabling companies to focus on their core products and services while saving time and resources.

Torod

Seed Round in 2022
Torod is a company that specializes in providing an API aggregator platform designed to streamline shipping and post-order management for e-commerce store owners. Their platform allows users to select the most suitable shipping service based on various factors such as price, insurance, destination, and item value with a simple setup process. By integrating multiple shipping options into a single interface, Torod helps merchants manage their supply chains more efficiently, enabling them to ship products, track orders, and handle returns all from one screen.

intella

Seed Round in 2022
Intella is a provider of visibility and insights that specializes in delivering real-time intelligence to businesses. The company has developed a cloud-based platform that offers on-demand consumer insights and facilitates the creation of surveys. Utilizing a proprietary algorithm, Intella extracts key findings from various market research methods, including surveys and focus groups. The platform also features analytical tools for real-time response analysis and data visualization, allowing clients to effectively engage with hard-to-reach consumer profiles. Through these capabilities, Intella enables businesses to monitor their brand equity and enhance their overall brand performance.

Nearpay

Seed Round in 2022
Nearpay is a fintech startup based in Saudi Arabia, dedicated to simplifying and securing payment processes for merchants. The company develops innovative payment infrastructure solutions tailored for banks, payment providers, and SaaS startups. Nearpay's software includes a point-of-sale application that allows merchants to accept contactless payments via smartphones, eliminating the necessity for credit or debit cards. This technology is designed to empower small store owners, shipping representatives, and food delivery partners to collect payments effortlessly, enhancing the overall customer experience. Through its commitment to making payments more accessible, Nearpay is actively shaping the future of financial transactions.

Sarwa

Series B in 2021
Sarwa Digital Wealth Limited is a privately owned investment advisory that simplifies the investment process through the use of advanced technology. The company has developed an automated investment management platform aimed at facilitating long-term financial growth for its clients. By integrating proven investment strategies with innovative technology, Sarwa reduces costs associated with investing while educating users on personal finance and investment principles. This approach allows customers to make diversified investments, ultimately enhancing their potential for better returns. Sarwa's commitment to making investing accessible and affordable positions it as a notable player in the financial advisory sector.

Omniful

Seed Round in 2021
Omniful is a developer of an omnichannel retail technology platform aimed at improving order fulfillment and operational efficiency for retailers of all sizes. The platform integrates various functionalities, including order management, warehouse management, inventory management, supply chain logistics, fleet management, and shipping automation. It enables retailers to ship online orders directly from physical stores, thereby enhancing speed and accuracy in fulfilling customer demands. Additionally, Omniful provides tools and software that assist brick-and-mortar retailers in optimizing their processes, automating tasks, and streamlining operations. This comprehensive approach allows retailers to boost productivity and ensure timely delivery of goods to consumers, ultimately enhancing the overall shopping experience.

VUZ

Series A in 2021
VUZ is a prominent immersive social application that specializes in delivering XR and Metaverse digital experiences, enhancing the realism of virtual interactions. Launched in 2017, the company operates from offices in Los Angeles, Dubai, and Riyadh. VUZ offers the world's largest premium library of exclusive immersive content, featuring over 20,000 hours of material that spans entertainment, creators, and sports, along with XR, VR, and AR experiences accessible from virtually anywhere. The platform's primary goal is to foster connections among users by providing authentic immersive experiences, effectively eliminating barriers related to travel, time, and access for billions globally. By streaming live events such as sports, talk shows, and music, VUZ enables users to engage with these experiences in a uniquely immersive manner, leveraging advanced technologies for an enriched social interaction.

Buseet

Convertible Note in 2021
Buseet Corporation is a shared mobility startup based in Cairo, Egypt, that specializes in developing an online platform for booking bus rides. Founded in 2016, the platform allows users to easily select their pickup and drop-off points, pay with a credit card, and access information about their driver and bus. Buseet focuses on improving the daily commute for families by offering a one-step booking service that utilizes saved locations and provides options for nearby stations. The platform also features fixed routes and times for air-conditioned buses, along with personalized customer support, enabling users to efficiently plan their daily transportation needs.

Bondai

Seed Round in 2020
Bondai, Inc. is a company based in San Mateo, California, that specializes in developing a travel application designed for group trip planning. The app facilitates collaboration among friends and family by allowing users to create groups, select destinations, and invite others to participate in holiday arrangements. It enhances the travel experience by providing tools for exploring accommodations, comparing flights, and managing trip details efficiently. Through its platform, Bondai aims to streamline the booking process, offering users access to better deals and options, thereby improving their overall travel planning experience.

Tamara

Pre Seed Round in 2020
Tamara is a prominent shopping and payments platform based in Riyadh, Saudi Arabia, and serves the GCC region. Founded in September 2020 by Abdulmajeed Alsukhan and his partners, the company aims to revolutionize shopping, payment, and banking experiences. With a workforce of over 350 employees, Tamara operates additional offices in the UAE, Egypt, Germany, and Vietnam. The platform empowers merchants by providing flexible payment solutions, including installment options, through its application programming interfaces and plugins. This functionality enhances customer experiences and boosts sales for merchants. Tamara has established a robust customer base of 6 million and collaborates with over 15,000 partner merchants, which include both leading global brands and local small and medium enterprises. The company has successfully raised significant funding, highlighting its strong market presence and growth potential.

VUZ

Series A in 2020
VUZ is a prominent immersive social application that specializes in delivering XR and Metaverse digital experiences, enhancing the realism of virtual interactions. Launched in 2017, the company operates from offices in Los Angeles, Dubai, and Riyadh. VUZ offers the world's largest premium library of exclusive immersive content, featuring over 20,000 hours of material that spans entertainment, creators, and sports, along with XR, VR, and AR experiences accessible from virtually anywhere. The platform's primary goal is to foster connections among users by providing authentic immersive experiences, effectively eliminating barriers related to travel, time, and access for billions globally. By streaming live events such as sports, talk shows, and music, VUZ enables users to engage with these experiences in a uniquely immersive manner, leveraging advanced technologies for an enriched social interaction.

Eventtus

Venture Round in 2020
Eventtus is a comprehensive event management platform that streamlines the organization and execution of events for both organizers and attendees. It allows event organizers to quickly input event details, create a dedicated web page, sell tickets, and develop a customized mobile app that enhances the attendee experience. This app provides users with easy access to event schedules, speaker information, and interactive features such as live polls and networking opportunities. Attendees can engage with sessions and speakers, initiate conversations, and exchange contact information directly through the app. By offering tools for event planning, content management, and real-time engagement, Eventtus helps organizers maximize networking opportunities, gather insights, and improve the overall success of their events.

Sarwa

Series A in 2020
Sarwa Digital Wealth Limited is a privately owned investment advisory that simplifies the investment process through the use of advanced technology. The company has developed an automated investment management platform aimed at facilitating long-term financial growth for its clients. By integrating proven investment strategies with innovative technology, Sarwa reduces costs associated with investing while educating users on personal finance and investment principles. This approach allows customers to make diversified investments, ultimately enhancing their potential for better returns. Sarwa's commitment to making investing accessible and affordable positions it as a notable player in the financial advisory sector.

paymennt.com

Seed Round in 2019
Paymennt is a mobile-first payments platform designed to facilitate online and in-person transactions for businesses, particularly micro and small enterprises. Founded in 2017 and headquartered in Dubai, United Arab Emirates, with an additional office in Amman, Jordan, the company specializes in providing a simple and efficient payment solution. Paymennt enables users to accept payments through various methods, including payment links, thereby streamlining the payment process and enhancing the overall customer experience. The company also focuses on integrating loyalty and reward points into its payment systems, allowing users to redeem and spend their points seamlessly.

paymennt.com

Seed Round in 2019
Paymennt is a mobile-first payments platform designed to facilitate online and in-person transactions for businesses, particularly micro and small enterprises. Founded in 2017 and headquartered in Dubai, United Arab Emirates, with an additional office in Amman, Jordan, the company specializes in providing a simple and efficient payment solution. Paymennt enables users to accept payments through various methods, including payment links, thereby streamlining the payment process and enhancing the overall customer experience. The company also focuses on integrating loyalty and reward points into its payment systems, allowing users to redeem and spend their points seamlessly.

paymennt.com

Seed Round in 2018
Paymennt is a mobile-first payments platform designed to facilitate online and in-person transactions for businesses, particularly micro and small enterprises. Founded in 2017 and headquartered in Dubai, United Arab Emirates, with an additional office in Amman, Jordan, the company specializes in providing a simple and efficient payment solution. Paymennt enables users to accept payments through various methods, including payment links, thereby streamlining the payment process and enhancing the overall customer experience. The company also focuses on integrating loyalty and reward points into its payment systems, allowing users to redeem and spend their points seamlessly.

Buseet

Seed Round in 2018
Buseet Corporation is a shared mobility startup based in Cairo, Egypt, that specializes in developing an online platform for booking bus rides. Founded in 2016, the platform allows users to easily select their pickup and drop-off points, pay with a credit card, and access information about their driver and bus. Buseet focuses on improving the daily commute for families by offering a one-step booking service that utilizes saved locations and provides options for nearby stations. The platform also features fixed routes and times for air-conditioned buses, along with personalized customer support, enabling users to efficiently plan their daily transportation needs.

Sarwa

Seed Round in 2018
Sarwa Digital Wealth Limited is a privately owned investment advisory that simplifies the investment process through the use of advanced technology. The company has developed an automated investment management platform aimed at facilitating long-term financial growth for its clients. By integrating proven investment strategies with innovative technology, Sarwa reduces costs associated with investing while educating users on personal finance and investment principles. This approach allows customers to make diversified investments, ultimately enhancing their potential for better returns. Sarwa's commitment to making investing accessible and affordable positions it as a notable player in the financial advisory sector.

Enhance Ventures

Series A in 2018
Enhance Ventures is a venture builder based in Dubai, United Arab Emirates, established in 2016. It specializes in developing online businesses that provide life-enhancing products and services primarily in the Middle East, North Africa, Pakistan, and Turkey (MENAPT) region. The firm has a notable portfolio, which includes joi, the leading online gifting platform in the Middle East. Enhance Ventures is backed by a diverse group of investors, including prominent venture capital funds and angel investors from the Middle East, Europe, and the United States, reflecting its commitment to fostering innovation and entrepreneurship in the finance and commerce sectors.

POSRocket

Venture Round in 2018
POSRocket is a company based in Amman, Jordan, founded in 2016, that specializes in manufacturing cloud-based point-of-sale systems. By replacing traditional cash registers, POSRocket offers merchants an intuitive and user-friendly platform tailored for various sectors, including restaurants, boutique shops, coffee shops, bakeries, salons, spas, and dry cleaners. The system enables business owners to efficiently manage their operations, optimize manpower resources, regulate inventory, and generate comprehensive sales reports. It allows real-time monitoring and management from any device, empowering merchants to enhance their business operations and improve overall efficiency.

Lamsa

Series A in 2018
Lamsa World is a digital platform based in Abu Dhabi, United Arab Emirates, designed for Arab-speaking toddlers and preschoolers. The company provides an interactive application that offers a variety of edutainment products, including e-books, games, videos, and music. Lamsa focuses on creating an engaging learning environment for children aged 1 to 8 years, delivering content that fosters creativity and imagination. The platform regularly updates its offerings to ensure a diverse range of educational and entertaining materials, which cater to the developmental needs of young learners. Through its innovative approach, Lamsa aims to enhance the educational experience while making learning enjoyable for children.

Bevy

Series A in 2018
Bevy Labs, Inc. offers a comprehensive enterprise-grade platform designed for managing and scaling virtual events and community programs. Founded in 2017 and based in Palo Alto, California, Bevy provides a web-based software solution that enables organizations to efficiently plan, promote, and execute various types of virtual conferences and community events. The platform includes tools for automated communications, video hosting, and integration with existing marketing and CRM systems, along with advanced analytics and data security features. Bevy serves a diverse clientele, including enterprises, universities, and community organizations, empowering them to foster local brand advocacy and build thriving global communities through effective event management.

Telfaz11

Series A in 2018
Telfaz11 is a media production company based in Riyadh, Saudi Arabia, founded in 2011. It operates an Arabic multi-channel network that focuses on talent management, comedy, entertainment, and content creation. The company specializes in producing and distributing engaging online content, partnering with video platforms to deliver captivating series and films that resonate with local audiences while maintaining universal appeal. Telfaz11 influences social trends and provides opportunities for brands to promote themselves through its creative entertainment offerings, ensuring a blend of entertainment and brand promotion within its network.

MAGNiTT

Seed Round in 2018
Magnitt, Inc. is a Dubai-based platform founded in 2014 that connects investors, mentors, and startups in the Middle East and North Africa (MENA) region. It operates a comprehensive database featuring over 5,500 startups and more than 200 investors, facilitating networking and collaboration among various stakeholders in the entrepreneurial ecosystem. The platform provides valuable investment-related information and analytical insights, assisting startups in securing funding and talent while enabling investors and corporates to make informed decisions. Magnitt serves as a vital resource for emerging companies and investors looking to engage in the MENA market.

Democrance

Seed Round in 2017
Democrance is an insurance technology company founded in 2015 and based in Dubai, United Arab Emirates. It specializes in developing software that allows insurers and insurance brokers to distribute, service, and administer a range of insurance products, including micro-insurance, in the Middle East and Northern Africa. The company's platform aims to democratize access to insurance by providing affordable life and health insurance options to underinsured and uninsured populations in emerging markets. Through its innovative technology, Democrance enables individuals to purchase insurance via mobile phones, enhancing accessibility for low-income families and addressing the needs of underserved communities.

DailyMealz

DailyMealz is a food delivery platform based in Riyadh, Saudi Arabia, founded in 2017. The company focuses on promoting healthy eating by connecting customers with the best healthy food restaurants in Saudi Arabia and Kuwait. Through its innovative platform, DailyMealz offers subscription services that allow users to order nutritious meals for a week or a month, ensuring they receive a variety of healthy options made from local ingredients. With a team of skilled inventors and professional drivers, DailyMealz simplifies the process of enjoying healthy meals every day, delivering them directly to customers' doorsteps.
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