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 Alomran

Founder, CEO, Managing Director and Asset Management Manager

Abdulaziz Alotaibi

Investment associate

Basmah Alsinaidi

Partner, Vice Chairman and Director and Head of Asset Management

Past deals in Saudi Arabia

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 specifically for non-technical users, allowing them to analyze and present insights through various charts and AI models. Its drag-and-drop analytics tool, combined with prebuilt templates, significantly reduces the time required to derive insights, enabling organizations to expedite the development of data products. By streamlining the process of creating dashboards without the need for coding, DataLexing helps businesses achieve faster results at a lower cost.

Zid زد

Series B in 2022
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.

Nana

Venture Round in 2022
Nana is an online grocery platform based in Saudi Arabia that specializes in delivering groceries and home essentials directly to consumers' doorsteps. The platform features a diverse selection of products, including groceries, fresh fruits and vegetables, cosmetics, electronics, bakery items, and flowers. By enabling consumers to shop digitally, Nana streamlines the grocery shopping experience and ensures that a wide variety of items can be conveniently purchased and delivered to their homes.

Rasan Technology

Venture Round in 2021
Rasan is a FinTech company founded in 2015 and based in Riyadh, Saudi Arabia, focusing on the Insurance and Banking Technology sectors in the Gulf Region. The company develops innovative solutions aimed at simplifying financial transactions for both individuals and businesses. Rasan is known for its pioneering brands, including "Tameeni," which provides a digital platform for vehicle owners to access motor insurance, and "Awal Mazad," an online auto auction service. Its offerings also encompass online leasing insurance services and various insurance aggregator solutions. Rasan's commitment to enhancing society and helping individuals secure their assets from unforeseen risks underpins its operational philosophy and product development.

Telgani

Seed Round in 2021
Telgani is a car rental platform established in 2018 and headquartered in Riyadh, Saudi Arabia. The company offers an online portal and mobile application that allows customers to quickly and easily rent their preferred vehicles at competitive prices. Users can select their desired car and location, while the platform provides options to compare and book from nearby providers, enhancing the overall rental experience.

Raqamyah Platform

Seed Round in 2021
Raqamyah is a regulated peer to peer (P2P) financing platform by Saudi Arabian Monetary Authority (SAMA). As a Fintech company, Raqamyah uses innovative technology to directly connect small businesses seeking fast, affordable finance with financers who can help fund their growth.

Syarah

Series B in 2021
Syarah Ltd. operates an online marketplace for buying and selling both new and used cars, based in Riyadh, Saudi Arabia. Founded in 2015, the company aims to streamline the vehicle purchasing process for individuals and businesses by providing a user-friendly platform where customers can easily browse various car listings, access daily updates on prices and specifications, and directly contact sellers without intermediaries. In addition to facilitating car sales, Syarah offers financing solutions, allowing customers to purchase vehicles in installments through partnerships with banks and financing companies in the region. The company's commitment is to deliver quality services that meet and exceed customer expectations.

Speero

Seed Round in 2021
Speero is an online marketplace based in Riyadh, Saudi Arabia, that specializes in the purchase of new and used automotive spare parts. Established in 2017, the platform facilitates online ordering and offers a dedicated team to assist users with queries, quotations, and information. Speero integrates directly with repair shops, insurance companies, and other businesses, allowing users to compare price quotes from various suppliers. This functionality enables car owners to acquire automotive parts at competitive prices while helping businesses reduce costs, enhance efficiency, and minimize fraud. By providing a comprehensive solution for automotive spare parts, Speero aims to streamline the procurement process for both individual consumers and businesses in the automotive sector.

Nejree

Series A in 2021
Nejree is an e-commerce platform based in Riyadh, Saudi Arabia, that specializes in the sale of sneakers from a diverse range of brands, including Adidas, Nike, Puma, and luxury labels such as Gucci and Balenciaga. Established in 2018, it is recognized as the first online sneaker destination in the region. The company offers a unique try now, buy later model, allowing customers to try on products without any upfront payment. This approach provides users with a variety of options and enhances their shopping experience by allowing them to evaluate products before making a purchase.

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 by Saudi Arabian Monetary Authority (SAMA). As a Fintech company, Raqamyah uses innovative technology to directly connect small businesses seeking fast, affordable finance with financers who can help fund their growth.

Syarah

Convertible Note in 2020
Syarah Ltd. operates an online marketplace for buying and selling both new and used cars, based in Riyadh, Saudi Arabia. Founded in 2015, the company aims to streamline the vehicle purchasing process for individuals and businesses by providing a user-friendly platform where customers can easily browse various car listings, access daily updates on prices and specifications, and directly contact sellers without intermediaries. In addition to facilitating car sales, Syarah offers financing solutions, allowing customers to purchase vehicles in installments through partnerships with banks and financing companies in the region. The company's commitment is to deliver quality services that meet and exceed 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 platform established in 2018 and headquartered in Riyadh, Saudi Arabia. The company offers an online portal and mobile application that allows customers to quickly and easily rent their preferred vehicles at competitive prices. Users can select their desired car and location, while the platform provides options to compare and book from nearby providers, enhancing the overall rental 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 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.

VUZ

Series A in 2020
VUZ is a leading immersive social application that allows users to stream and engage with XR and Metaverse digital experiences featuring a high level of realism. The platform connects the physical and virtual worlds, offering the largest premium library of exclusive immersive content, with over 20,000 hours covering entertainment, sports, and various creator segments. VUZ aims to foster global connections by providing authentic immersive experiences, thereby overcoming travel, time, and access constraints for billions of users worldwide. Established in 2017, the company operates offices in Los Angeles, Dubai, and Riyadh, and its application supports live streaming of virtual sports, talk shows, music, and events, enhancing user engagement through immersive technologies.

Nana

Series B in 2020
Nana is an online grocery platform based in Saudi Arabia that specializes in delivering groceries and home essentials directly to consumers' doorsteps. The platform features a diverse selection of products, including groceries, fresh fruits and vegetables, cosmetics, electronics, bakery items, and flowers. By enabling consumers to shop digitally, Nana streamlines the grocery shopping experience and ensures that a wide variety of items can be conveniently purchased and delivered to their homes.

Speero

Seed Round in 2020
Speero is an online marketplace based in Riyadh, Saudi Arabia, that specializes in the purchase of new and used automotive spare parts. Established in 2017, the platform facilitates online ordering and offers a dedicated team to assist users with queries, quotations, and information. Speero integrates directly with repair shops, insurance companies, and other businesses, allowing users to compare price quotes from various suppliers. This functionality enables car owners to acquire automotive parts at competitive prices while helping businesses reduce costs, enhance efficiency, and minimize fraud. By providing a comprehensive solution for automotive spare parts, Speero aims to streamline the procurement process for both individual consumers and businesses in the automotive sector.

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 purchase of new and used automotive spare parts. Established in 2017, the platform facilitates online ordering and offers a dedicated team to assist users with queries, quotations, and information. Speero integrates directly with repair shops, insurance companies, and other businesses, allowing users to compare price quotes from various suppliers. This functionality enables car owners to acquire automotive parts at competitive prices while helping businesses reduce costs, enhance efficiency, and minimize fraud. By providing a comprehensive solution for automotive spare parts, Speero aims to streamline the procurement process for both individual consumers and businesses in the automotive sector.

Nana

Series A in 2019
Nana is an online grocery platform based in Saudi Arabia that specializes in delivering groceries and home essentials directly to consumers' doorsteps. The platform features a diverse selection of products, including groceries, fresh fruits and vegetables, cosmetics, electronics, bakery items, and flowers. By enabling consumers to shop digitally, Nana streamlines the grocery shopping experience and ensures that a wide variety of items can be conveniently purchased and delivered to their homes.
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