Nama Ventures is a seed-stage venture capital firm based in Riyadh, Saudi Arabia, established in 2019. The company is dedicated to fostering innovation in the MENA region, with a particular emphasis on supporting entrepreneurs in Saudi Arabia. Nama Ventures aims to enable the success of startups by providing not only financial backing but also strategic guidance and resources. By focusing on early-stage technology startups, the firm seeks to contribute to the growth and development of the regional entrepreneurial ecosystem, helping founders realize their visions and achieve sustainable growth in a competitive market.
ORO is an automobile maintenance company based in Riyadh that specializes in providing on-demand auto repair and maintenance services for businesses. The company operates well-equipped mobile vans staffed with skilled technicians, allowing for convenient service delivery directly at the customer's location. ORO offers a range of services, including heavy equipment oil changes, routine automobile maintenance, and engine inspections. Additionally, the company has developed a user-friendly app available on both iOS and Android platforms, enabling customers to schedule routine maintenance online, ensuring their vehicles remain in optimal working condition.
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.
Trteeb
Seed Round in 2019
Trteeb is an online platform based in Riyadh, Saudi Arabia, that specializes in customized tailor clothing for traditional Arab thobes. Founded in 2017, the company serves as a marketplace connecting users with skilled tailors, allowing customers to make appointments and choose their preferred tailors for garment stitching. By facilitating these connections, Trteeb enhances market performance and provides a streamlined experience for both users and tailors, ensuring that traditional clothing needs are met with quality and convenience.
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