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

General Partner

Hussain Almarhoon

Co-Founder and Managing Partner

Hussain Almarhoon

General Partner

Past deals in Jordan

paymennt.com

Seed Round in 2019
Paymennt is a mobile-first payments platform that facilitates online and in-person transactions, as well as payments through links. It primarily serves micro and small businesses, emphasizing simplicity and efficiency in its payment solutions. Originally founded as PointCheckout Holding Company Ltd in 2017, the company is headquartered in Dubai, United Arab Emirates, with an additional office in Amman, Jordan. It specializes in providing an online payment gateway that allows users to redeem and spend loyalty points and miles.

paymennt.com

Seed Round in 2019
Paymennt is a mobile-first payments platform that facilitates online and in-person transactions, as well as payments through links. It primarily serves micro and small businesses, emphasizing simplicity and efficiency in its payment solutions. Originally founded as PointCheckout Holding Company Ltd in 2017, the company is headquartered in Dubai, United Arab Emirates, with an additional office in Amman, Jordan. It specializes in providing an online payment gateway that allows users to redeem and spend loyalty points and miles.

paymennt.com

Seed Round in 2018
Paymennt is a mobile-first payments platform that facilitates online and in-person transactions, as well as payments through links. It primarily serves micro and small businesses, emphasizing simplicity and efficiency in its payment solutions. Originally founded as PointCheckout Holding Company Ltd in 2017, the company is headquartered in Dubai, United Arab Emirates, with an additional office in Amman, Jordan. It specializes in providing an online payment gateway that allows users to redeem and spend loyalty points and miles.

POSRocket

Venture Round in 2018
POSRocket, founded in 2016 and based in Amman, Jordan, offers a cloud-based point-of-sale (POS) system designed to replace traditional cash registers. The platform is user-friendly and caters to a diverse range of businesses, including restaurants, boutique shops, coffee shops, bakeries, salons, spas, and dry cleaners. POSRocket's solution helps clients manage and grow their operations by optimizing manpower resources, regulating inventory, and generating various sales reports. This technology allows business owners to monitor their operations in real-time from any device, enabling smarter decision-making and enhanced operational efficiency.
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