Impact46

Impact 46 is a venture capital firm established in 2019 and based in Riyadh, Saudi Arabia. The company specializes in alternative investment opportunities, catering to a diverse clientele that includes local and international institutions, family groups, endowments, and high net worth individuals. By providing innovative investment products and advisory services, Impact 46 aims to identify and leverage unique investment prospects within the Saudi Arabian market.

Reema Almahfouz

Community Associate

Abdulaziz Alotaibi

Investment associate

Basmah Alsinaidi

Partner, Vice Chairman and Director and Head of Asset Management

Past deals in Africa and Middle East

Spoilz

Seed Round in 2025
Spoilz is a mobile gaming studio and publisher based in Riyadh, Saudi Arabia, dedicated to redefining the mobile gaming experience. The company specializes in developing humorous adventure games tailored for mobile devices and personal computers, with a particular emphasis on integrating elements of Saudi identity. By focusing on local culture and preferences, Spoilz aims to create engaging and enjoyable gaming experiences for users, allowing them to connect with the content on a personal level.

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.

almatar

Venture Round in 2023
almatar is a new Saudi OTA. Providing travel services, information, and resources about travelling anywhere around the world. Through almatar you can make hotel reservations, book flights, get detailed accurate information about hundreds of destinations worldwide. Moreover, you can get tips and hacks about the place you are about to visit. And because we praise our Arabic Culture; Our services and programs are designed exclusively for families and individuals. Providing delightful trips to our Saudi Citizens with full respect to our precious culture. Aiming to empower and benefit them. Doing the best we can to provide them with the finest of all.

DataLexing

Seed Round in 2022
DataLexing is a data analytics software solutions provider based in Riyadh, Saudi Arabia, founded in 2018. The company offers a user-friendly platform designed for non-technical users, enabling them to analyze and present insights through various charts and AI models. Its innovative drag-and-drop analytics tool, combined with prebuilt templates, significantly reduces the time required to generate insights, transforming months of dashboard development into a matter of hours without the need for code modifications. This efficiency allows organizations to launch data products more quickly and cost-effectively, making DataLexing a valuable partner for businesses seeking to enhance their data analytics capabilities.

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.

ZenHR

Venture Round in 2022
ZenHR is a cloud-based human resources management system based in Amman, Jordan, with additional locations in Dubai and Riyadh. Founded in 2016, the company specializes in providing HR software solutions tailored for the Middle East and North Africa region. ZenHR's platform includes a comprehensive suite of features such as onboarding and offboarding, employee self-service, attendance and time tracking, payroll, and performance evaluation. The software is designed to comply with local labor laws, social insurance, tax regulations, and expat requirements, making it suitable for a wide range of clients from small and medium enterprises to larger organizations. By automating processes like salary calculations and offering user-friendly interfaces, ZenHR aims to enhance the overall HR experience for both departments and employees, facilitating a seamless transition from the hiring phase to retirement.

Homzmart

Venture Round in 2022
Homzmart Ltd. is an e-commerce platform based in Cairo, Egypt, that specializes in selling home furniture, décor, lighting, and various home supplies. Founded in 2019, the company facilitates connections between homeowners and home professionals, allowing users to browse an extensive selection of products while accessing reviews, expert advice, and articles on home improvement. Homzmart aims to create a community-driven environment that enhances the shopping experience for home-related needs, offering a diverse range of quality products at competitive prices. Through its platform, the company seeks to simplify the process of home furnishing and improvement for its customers.

Postpay

Series A in 2022
Postpay is a fintech company established in 2019 by Tariq Sheikh in Dubai, United Arab Emirates, specializing in buy now, pay later services. The company offers a platform that allows customers to divide their payments into three equal, interest-free installments, enhancing the flexibility and convenience of their purchasing experience. By partnering with a wide range of merchants, Postpay enables consumers to manage their financial commitments more effectively, without incurring additional fees or hidden charges. The platform supports both online and offline transactions, facilitating structured payments for various products and services.

Nana

Venture Round in 2022
Nana is an online grocery platform based in Saudi Arabia that specializes in providing doorstep deliveries of a diverse range of products. The platform offers an extensive selection of groceries, fruits, vegetables, cosmetics, electronics, bakery items, and flowers, allowing consumers to conveniently purchase items online. By focusing on home delivery, Nana aims to simplify the shopping experience for its users, making it easier for them to access essential goods from the comfort of their homes.

Rasan Technology

Venture Round in 2021
Rasan Technology is a FinTech company based in Riyadh, Saudi Arabia, established in 2015. It focuses on the Insurance and Banking Technology sectors within the Gulf Region, offering innovative solutions that enhance financial transactions for individuals and businesses. Rasan has developed pioneering brands such as Tameeni and Awal Mazad, which include services like an insurance aggregator and online auto auctions. The company operates through several segments, including Tameeni-Motors, Tameeni-Health, Leasing, and R Solutions, with the Tameeni Motors segment generating the majority of its revenue by providing a digital platform that connects vehicle owners with motor insurers. Rasan's mission is rooted in its commitment to help others and improve societal well-being, while facilitating the protection of assets against unforeseen risks.

Telgani

Seed Round in 2021
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.

Raqamyah Platform

Seed Round in 2021
Raqamyah is a regulated peer-to-peer (P2P) financing platform based in Riyadh, Saudi Arabia, operating under the supervision of the Saudi Arabian Monetary Authority (SAMA). The company focuses on providing financial solutions to small and medium enterprises (SMEs) by connecting them directly with individual financiers. Through its innovative technology, Raqamyah offers a variety of financing options, including working capital, inventory financing, point-of-sale financing, and purchase order financing. This approach enables SMEs to access fast and affordable funding, supporting their growth and development in a competitive market.

Elmenus

Series C in 2021
Elmenus is a food discovery platform based in Cairo, Egypt, founded in 2011. The company serves over 1 million monthly users by providing a comprehensive application that helps people identify nearby restaurants and explore popular dishes as rated by fellow users. Elmenus combines a social and visual experience, allowing users to browse digitized restaurant menus and engage with a community of food enthusiasts who share photos, reviews, and ratings. The company also maintains offices in several Egyptian cities, including Alexandria, El Mansoura, Sharm El Sheikh, Hurghada, El Gouna, El Ain El Sokhna, Ras Sudr, and North Coast. Through its platform, Elmenus aims to facilitate an enjoyable and personalized food discovery experience for its users.

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.

Speero

Seed Round in 2021
Speero is an online marketplace based in Riyadh, Saudi Arabia, that specializes in the sale of new and used automotive spare parts. Founded in 2017, the platform allows users to order parts through its website and mobile applications. It features a specialized team that assists with queries, quotations, and information regarding spare parts. Speero integrates directly with repair shops, insurance companies, and other businesses, enabling users to compare price quotes from various suppliers. This functionality helps car owners acquire automotive parts at lower costs while also providing clients the opportunity to reduce expenses, improve efficiency, and minimize the risk of fraud within their operations.

Nejree

Series A in 2021
Nejree is an online platform and mobile application based in Riyadh, Saudi Arabia, specializing in the sale of sneakers from various brands. Founded in 2018, it is recognized as the first online specialized sneaker destination in the region. The company offers an extensive selection of products, including popular athletic brands such as Adidas, Nike, and Puma, as well as luxury labels like Fendi, D&G, Gucci, and Balenciaga. Nejree utilizes a try now, buy later model, which allows customers to try on products before making a purchase, eliminating upfront payment and enhancing the shopping experience.

Homzmart

Series A in 2021
Homzmart Ltd. is an e-commerce platform based in Cairo, Egypt, that specializes in selling home furniture, décor, lighting, and various home supplies. Founded in 2019, the company facilitates connections between homeowners and home professionals, allowing users to browse an extensive selection of products while accessing reviews, expert advice, and articles on home improvement. Homzmart aims to create a community-driven environment that enhances the shopping experience for home-related needs, offering a diverse range of quality products at competitive prices. Through its platform, the company seeks to simplify the process of home furnishing and improvement for its customers.

Lendo

Series A in 2021
Lendo is an alternative lending marketplace that helps digitally finance small and medium-sized enterprises (SMEs) in Saudi Arabia. Lendo was granted the first Crowdlending (debt financing) licensed in Saudi Arabia, and received the Excellence in Finance Leaders Award from FiNext Awards. Lendo’s products and solutions make everyday business activities easier, more secure, and more efficient for both investors and borrowers alike.

Raqamyah Platform

Seed Round in 2021
Raqamyah is a regulated peer-to-peer (P2P) financing platform based in Riyadh, Saudi Arabia, operating under the supervision of the Saudi Arabian Monetary Authority (SAMA). The company focuses on providing financial solutions to small and medium enterprises (SMEs) by connecting them directly with individual financiers. Through its innovative technology, Raqamyah offers a variety of financing options, including working capital, inventory financing, point-of-sale financing, and purchase order financing. This approach enables SMEs to access fast and affordable funding, supporting their growth and development in a competitive market.

Syarah

Convertible Note in 2020
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.

Jahez International Company

Series A in 2020
Jahez International Company is a Saudi-based online food delivery service founded in 2016 and headquartered in Riyadh. The company operates a mobile application that connects customers with local restaurants, facilitating meal orders and providing real-time tracking services. Jahez has developed in-house software that integrates advanced technology, including artificial intelligence and machine learning, to enhance user experience and ensure reliable service. The platform allows customers to easily access restaurant options based on their location, place orders, and pay online using various payment methods. Additionally, Jahez coordinates with a fleet of drivers to efficiently deliver meals from restaurants to customers' doorsteps. By leveraging cutting-edge technology and a user-friendly interface, Jahez aims to meet the diverse dining preferences of its users while fostering strong partnerships with local restaurants.

Telgani

Seed Round in 2020
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.

Nana

Series B in 2020
Nana is an online grocery platform based in Saudi Arabia that specializes in providing doorstep deliveries of a diverse range of products. The platform offers an extensive selection of groceries, fruits, vegetables, cosmetics, electronics, bakery items, and flowers, allowing consumers to conveniently purchase items online. By focusing on home delivery, Nana aims to simplify the shopping experience for its users, making it easier for them to access essential goods from the comfort of their homes.

Speero

Seed Round in 2020
Speero is an online marketplace based in Riyadh, Saudi Arabia, that specializes in the sale of new and used automotive spare parts. Founded in 2017, the platform allows users to order parts through its website and mobile applications. It features a specialized team that assists with queries, quotations, and information regarding spare parts. Speero integrates directly with repair shops, insurance companies, and other businesses, enabling users to compare price quotes from various suppliers. This functionality helps car owners acquire automotive parts at lower costs while also providing clients the opportunity to reduce expenses, improve efficiency, and minimize the risk of fraud within their operations.

The Chefz

Seed Round in 2020
The Chefz is a gourmet food and sweets delivery platform based in Riyadh that connects users with top elite restaurants, bakeries, and chocolate stores. Through its mobile application, available on both Android and iOS, customers can conveniently order a diverse range of meals and desserts. The platform not only facilitates instant order tracking but also offers flexible payment options, ensuring a seamless experience from selection to delivery. By focusing on high-quality food providers, The Chefz aims to elevate the culinary experience for its users, bringing gourmet offerings directly to their doorsteps.

Raqamyah Platform

Seed Round in 2020
Raqamyah is a regulated peer-to-peer (P2P) financing platform based in Riyadh, Saudi Arabia, operating under the supervision of the Saudi Arabian Monetary Authority (SAMA). The company focuses on providing financial solutions to small and medium enterprises (SMEs) by connecting them directly with individual financiers. Through its innovative technology, Raqamyah offers a variety of financing options, including working capital, inventory financing, point-of-sale financing, and purchase order financing. This approach enables SMEs to access fast and affordable funding, supporting their growth and development in a competitive market.

Lendo

Seed Round in 2019
Lendo is an alternative lending marketplace that helps digitally finance small and medium-sized enterprises (SMEs) in Saudi Arabia. Lendo was granted the first Crowdlending (debt financing) licensed in Saudi Arabia, and received the Excellence in Finance Leaders Award from FiNext Awards. Lendo’s products and solutions make everyday business activities easier, more secure, and more efficient for both investors and borrowers alike.

Speero

Pre Seed Round in 2019
Speero is an online marketplace based in Riyadh, Saudi Arabia, that specializes in the sale of new and used automotive spare parts. Founded in 2017, the platform allows users to order parts through its website and mobile applications. It features a specialized team that assists with queries, quotations, and information regarding spare parts. Speero integrates directly with repair shops, insurance companies, and other businesses, enabling users to compare price quotes from various suppliers. This functionality helps car owners acquire automotive parts at lower costs while also providing clients the opportunity to reduce expenses, improve efficiency, and minimize the risk of fraud within their operations.

Nana

Series A in 2019
Nana is an online grocery platform based in Saudi Arabia that specializes in providing doorstep deliveries of a diverse range of products. The platform offers an extensive selection of groceries, fruits, vegetables, cosmetics, electronics, bakery items, and flowers, allowing consumers to conveniently purchase items online. By focusing on home delivery, Nana aims to simplify the shopping experience for its users, making it easier for them to access essential goods from the comfort of their homes.
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