Raed

Raed Ventures is a Riyadh-based venture capital firm established in 2015, specializing in seed and early-stage investments in startups across Saudi Arabia and the broader MENA region. The firm focuses on various sectors, including media, retail, software, commercial services, and healthcare. Raed Ventures aims to support entrepreneurial teams that are transforming market landscapes by providing them access to the Saudi and GCC markets. The firm fosters collaboration with its sister companies to enhance startups' operational capabilities, leveraging its extensive market knowledge and network to aid in the execution of their business plans.

Talal Alasmari

Founding Partner

Omar Almajdouie

Founding Partner

Wael Nafee

Partner

85 past transactions

BloomPath

Pre Seed Round in 2025
BloomPath is an AI-powered career and productivity coach designed to empower employees and align their growth with business success. Think of it as "the Apple Watch for work performance" due to its seamless integration into daily workflows and ability to turn achievements into actionable insights. Our product captures employee achievements from tools like GitHub, JIRA, Slack, Notion, email, and calendar apps, and translates this data into three core areas: - Planning: Helps employees set and track goals by leveraging past achievements and aligning them with company objectives. - Reflections: Provides insights on past performance, allowing employees to reflect, understand progress, and make informed decisions. - Growth: Aligns personal objectives with business goals, fostering career development while enhancing company success.

Rabbit mart

Seed Round in 2025
At Rabbit, we plan to change how the world shops. Retail has witnessed one revolution before with the introduction of E-Commerce that changed how customers order stuff and the second revolution is here! We are proud to be among the pioneers, a handful of global entrepreneurs that are leading and shaping the retail's second revolution We are funded by amazing VCs that are helping us build the next big thing You feel it is vague? that's intended as we are still building in stealth. but trust us, it is COOL!

SILQ

Funding Round in 2025
SILQ is a platform dedicated to bridging economies and empowering businesses to trade, grow, and navigate new frontiers. By enabling seamless commerce, logistics, and finance, SILQ unlocks opportunities in emerging economies, fueling ambitions and redefining global trade. The name SILQ is a modern tribute to the legendary Silk Road—reimagined for the digital age. The distinctive “Q” comes from Souq, the Arabic word for marketplace, symbolizing our commitment to fast, accessible, authentic, and reliable commerce. SILQ aspires to transform local products and manufacturers into global brands by connecting them with entrepreneurs in emerging markets across the Gulf, South Asia, and beyond.

ClearGrid

Seed Round in 2025
ClearGrid is a technology company that develops AI-powered software to modernize debt collection practices. It offers a platform that facilitates personalized, empathetic communication with borrowers, helping them manage repayments more effectively. Simultaneously, the platform provides real-time analytics to lenders, enabling them to enhance their recovery rates. ClearGrid collaborates with existing vendors in the industry to integrate its solutions, streamlining the recovery process.

ClearGrid

Pre Seed Round in 2025
ClearGrid is a technology company that develops AI-powered software to modernize debt collection practices. It offers a platform that facilitates personalized, empathetic communication with borrowers, helping them manage repayments more effectively. Simultaneously, the platform provides real-time analytics to lenders, enabling them to enhance their recovery rates. ClearGrid collaborates with existing vendors in the industry to integrate its solutions, streamlining the recovery process.

Grinta

Seed Round in 2025
Grinta is a pharmaceutical supply chain company focused on modernizing the distribution of medical products across Africa. It operates a managed marketplace that integrates artificial intelligence and machine learning to empower independent pharmacies and enhance their operational efficiency. By collaborating with various stakeholders, including manufacturers, distributors, and wholesalers, Grinta aims to create a data-driven and reliable supply chain. This platform provides pharmacies with a user-friendly experience, allowing them to access a comprehensive range of traceable and trackable pharmaceutical and medical products from multiple vendors. Through its innovative approach, Grinta seeks to improve the overall effectiveness of the pharmaceutical value chain.

Aya

Seed Round in 2025
Aya is a modest fashion e-commerce platform that strives to unite the fragmented modest fashion industry into a single discovery platform.

Taager

Series B in 2025
Taager is a social e-commerce platform that supports online merchants by providing end-to-end logistics and financing solutions. The platform leverages technology, artificial intelligence, and data science to help small and medium-sized online sellers launch and grow their businesses effectively. By focusing on high-margin products, Taager empowers entrepreneurs to concentrate on their core activities while enhancing their operational efficiency. This comprehensive approach enables business owners to expand their reach and maximize their growth potential in the competitive e-commerce landscape.

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.

Halo AI

Seed Round in 2025
Halo AI provides autonomous influencer marketing solutions.

Wafeq

Series A in 2024
Wafeq is a software company that specializes in providing a SaaS-based finance platform designed to assist businesses in managing their accounting and invoicing needs. The platform enables users to send customized invoices, quotes, and purchase orders, while also facilitating inventory management, payroll processing, and the generation of financial reports. Additionally, Wafeq simplifies compliance by automatically generating VAT returns. The solution caters to both business owners and accountants, allowing for efficient collaboration and effective data entry, ultimately streamlining financial record management and enhancing overall operational efficiency.

Simplified Financial Solutions Company

Seed Round in 2024
Simplified Financial Solutions Company offers startups and SMEs financial management solutions including the ability to issue virtual and physical corporate cards, manage spending and automate expense reporting.

Buildnow

Seed Round in 2024
BuildNow is a fintech company focused on providing innovative financing solutions for the construction and manufacturing sectors in the MENAP region. As the first "Build Now Pay Later" service, it specializes in funding the raw materials needed by small and medium-sized enterprises (SMEs) in these industries. BuildNow's platform enables clients to access short-term financing, offering credit approval within three days and processing payments in just one day. This efficient service allows clients to benefit from credit terms of up to six months, helping to optimize their cash flow and support their growth.

Buildnow

Debt Financing in 2024
BuildNow is a fintech company focused on providing innovative financing solutions for the construction and manufacturing sectors in the MENAP region. As the first "Build Now Pay Later" service, it specializes in funding the raw materials needed by small and medium-sized enterprises (SMEs) in these industries. BuildNow's platform enables clients to access short-term financing, offering credit approval within three days and processing payments in just one day. This efficient service allows clients to benefit from credit terms of up to six months, helping to optimize their cash flow and support their growth.

Zeal

Seed Round in 2024
Zeal operates a digital loyalty platform designed to enhance customer engagement for brands through a streamlined rewards program. The application consolidates traditional paper loyalty cards, allowing users to collect rewards from various independent retailers in Egypt and the UK. Customers can discover nearby merchants participating in the program and earn rewards with each qualifying purchase. The platform not only helps merchants retain customers but also facilitates cross-selling between different businesses, while providing valuable data analytics. By enabling personalized reward offerings and simplifying payment processes, Zeal supports both consumers and partner businesses in fostering loyalty and driving sales.

Slurrp Farm

Series C in 2024
Slurrp Farm is a food brand founded in 2016 by Meghana Narayan and Shauravi Malik, aimed at providing healthy and tasty food options for children. Recognizing a gap in high-quality, nutritious foods for young children, the founders conducted extensive research and launched a range of millet-based packaged products. Slurrp Farm's offerings include snacks, lunchboxes, breakfast items, cereals, and natural sweeteners, all crafted from ingredients rich in essential micronutrients such as ragi, jowar, bajra, foxtail millet, and amaranth. The company focuses on encouraging healthier eating habits among children without compromising on taste or quality, catering to the growing demand from parents seeking better food choices for their families.

Noon Academy

Series B in 2023
Noon Academy is a prominent edtech company based in Riyadh, Saudi Arabia, with additional offices in Cairo, Egypt, and Bengaluru, India. Established in 2013, it operates an online learning platform that has served over 12 million students across the Middle East. The platform facilitates collaborative learning by allowing students to study in groups, compete with peers, and access on-demand tutoring. It offers a range of educational content, including free resources and subscription-based services for advanced materials and private tutoring. Noon Academy aims to enhance the learning experience by blending technology with peer-to-peer interactions, making education more engaging and accessible, especially for exam preparation. The company is committed to connecting students with the best teachers, regardless of location, thus expanding its impact in the region and beyond.

qlub

Seed Round in 2023
Qlub offers a fast and secure payment solution designed specifically for the restaurant industry. Its platform enables restaurant, pub, and cafe owners to display their menus and accept payments in seconds. Customers can pay their bills quickly by scanning a QR code, allowing for a seamless transaction that takes about 10 seconds, all without the need to install an app or register. This efficiency enhances the dining experience for customers while improving workflow for staff, ultimately creating a more enjoyable atmosphere for all.

palm.hr

Seed Round in 2023
palm.hr is a revolutionary customer-focused company. They maintain sane working hours while still conducting business. They believe that great software should be available and affordable to everyone, not just large corporations and enterprises. They aim to solve administration and enable HR efficiency by providing frameworks, tools, and technology.

Wafeq

Seed Round in 2023
Wafeq is a software company that specializes in providing a SaaS-based finance platform designed to assist businesses in managing their accounting and invoicing needs. The platform enables users to send customized invoices, quotes, and purchase orders, while also facilitating inventory management, payroll processing, and the generation of financial reports. Additionally, Wafeq simplifies compliance by automatically generating VAT returns. The solution caters to both business owners and accountants, allowing for efficient collaboration and effective data entry, ultimately streamlining financial record management and enhancing overall operational efficiency.

Grinta

Seed Round in 2022
Grinta is a pharmaceutical supply chain company focused on modernizing the distribution of medical products across Africa. It operates a managed marketplace that integrates artificial intelligence and machine learning to empower independent pharmacies and enhance their operational efficiency. By collaborating with various stakeholders, including manufacturers, distributors, and wholesalers, Grinta aims to create a data-driven and reliable supply chain. This platform provides pharmacies with a user-friendly experience, allowing them to access a comprehensive range of traceable and trackable pharmaceutical and medical products from multiple vendors. Through its innovative approach, Grinta seeks to improve the overall effectiveness of the pharmaceutical value chain.

Sylndr

Pre Seed Round in 2022
Sylndr is an automotive e-commerce marketplace focused on enhancing the used-car market. The company aims to build trust among customers by providing a reliable platform for buying and selling used vehicles. Sylndr offers an extensive selection of high-quality used cars and a variety of financing solutions, positioning itself as the preferred destination for individuals looking to engage in transactions within the used-car sector. Through its innovative approach, Sylndr seeks to ensure transparency and reliability, thereby improving the overall customer experience in the automotive marketplace.

Buildnow

Pre Seed Round in 2022
BuildNow is a fintech company focused on providing innovative financing solutions for the construction and manufacturing sectors in the MENAP region. As the first "Build Now Pay Later" service, it specializes in funding the raw materials needed by small and medium-sized enterprises (SMEs) in these industries. BuildNow's platform enables clients to access short-term financing, offering credit approval within three days and processing payments in just one day. This efficient service allows clients to benefit from credit terms of up to six months, helping to optimize their cash flow and support their growth.

Quant Data & Analytics

Series A in 2022
Quant Data & Analytics is a consultancy company based in Riyadh, Saudi Arabia, founded in 2015. The firm specializes in data science and offers a range of services including data analytics, business intelligence, artificial intelligence, and machine learning. Its expertise extends to data collection, quality management, predictive analytics, and analytics training. Quant aims to empower businesses and government entities by providing them with the tools and insights necessary to become data-driven, thus enhancing operational efficiency and decision-making capabilities. Additionally, the company develops a data analytics platform that facilitates project and data management, analytics, and data aggregation, enabling clients to address operational and strategic challenges effectively.

Mozn

Series A in 2022
Mozn is a leading developer of artificial intelligence solutions, specializing in the creation and deployment of customized AI products tailored for enterprises. The company focuses on enhancing decision-making processes for businesses, particularly within the financial sector, by utilizing advanced text intelligence and AI algorithms. Mozn's platform is designed to screen and monitor customers, offering financial institutions a powerful tool to protect against anti-money laundering (AML) and fraud risks. Additionally, Mozn is recognized for its development of Arabic natural language processing (NLP) data products, positioning itself as a key player in the global AI landscape.

qlub

Seed Round in 2022
Qlub offers a fast and secure payment solution designed specifically for the restaurant industry. Its platform enables restaurant, pub, and cafe owners to display their menus and accept payments in seconds. Customers can pay their bills quickly by scanning a QR code, allowing for a seamless transaction that takes about 10 seconds, all without the need to install an app or register. This efficiency enhances the dining experience for customers while improving workflow for staff, ultimately creating a more enjoyable atmosphere for all.

Lean Technologies

Series A in 2022
Lean Technologies Limited is a FinTech startup founded in 2019 and based in Riyadh, Saudi Arabia. The company specializes in developing an application programming interface (API) platform that facilitates access to consumer financial data. Its API suite addresses the complexities of fragmented financial infrastructure, allowing businesses to easily access their customers' financial information and execute instant bank transfers. Lean Technologies aims to improve the accessibility, transparency, and functionality of financial data and payment systems, contributing to a more inclusive and interconnected financial ecosystem for both consumers and businesses.

DAWUL

Seed Round in 2022
DAWUL is a developer of an online community-based social trading platform that facilitates investment strategies among users. The platform enables beginner investors to automate trade executions and follow professional traders, gaining insights into their portfolios and strategies. By allowing investors to share and analyze the financial status of their portfolios, DAWUL fosters a collaborative environment for users to explore various investment options and improve their trading decisions.

Hala

Venture Round in 2022
Hala is a developer of a digital mobile payment platform designed to facilitate secure and convenient payment transactions for both individuals and businesses. The company provides a comprehensive payment infrastructure that includes point-of-sale solutions, digital wallets, and bank cards, enabling merchants to accept credit card payments seamlessly. Hala's platform equips clients with essential digital tools to manage their payment processes effectively, control cash flow, and analyze sales data, enhancing overall operational efficiency.

SimpliFi

Venture Round in 2021
SimpliFi is a company dedicated to democratizing payments by creating a leading Cards as a Service (CaaS) platform tailored for the MENA region and Pakistan. The platform streamlines the card issuance process, managing the entire end-to-end workflow that includes partner collaboration with banks, schemes, and processors. It also addresses identity verification, fulfillment, and delivery while providing a specialized technology stack that further handles card operations and compliance. By simplifying these complexities, SimpliFi allows its clients to concentrate on their core business activities, thus enhancing their operational efficiency in the financial services sector.

Sary

Series C in 2021
Sary is a digital business-to-business marketplace based in Riyadh, Saudi Arabia, that connects small and medium-sized enterprises with merchant wholesalers of fast-moving consumer goods (FMCG). Founded in 2018 by Mohammed Aldossary and Khaled AlSiari, Sary aims to streamline the supply chain in the wholesale industry, allowing businesses to efficiently procure inventory. Its mobile and web application offers a range of FMCG products, including beverages, oils, and snacks, facilitating orders from small quantities to truckloads with rapid delivery options, often within 24 hours. Sary serves a diverse clientele, including mini-market chains, hotels, restaurants, and convenience shops, and has expanded its operations to 12 major cities, catering to over 40,000 customers and partnering with more than 1,700 brands and wholesalers. The platform provides users with immediate price quotations and product comparisons, enabling them to manage their expenses effectively as their businesses grow.

Opontia

Series A in 2021
Opontia is an e-commerce acquiring company focused on purchasing and growing small businesses across the Middle East and Africa. It specializes in acquiring companies that possess strong home-grown brands and long-term competitive advantages. Opontia aims to simplify the selling process for business owners, ensuring they can receive payment within six weeks of accepting an offer. In addition to facilitating sales, Opontia offers expertise in brand building, product design and launch, logistics, and financing for small and medium enterprises. This comprehensive approach allows Opontia to effectively scale the businesses it acquires while providing a fair and efficient selling experience for owners.

Lamaa

Seed Round in 2021
Lamaa is a financial technology company based in Riyadh, Kingdom of Saudi Arabia, specializing in providing innovative solutions for small and medium enterprises (SMEs). The company offers a range of software and online tools designed to streamline banking and tax processes, thereby enhancing operational efficiency. Additionally, Lamaa provides invoice financing services, facilitating supply chain finance without the need for promissory notes. This approach aims to improve SMEs' access to financial resources, promoting their inclusion in the broader financial ecosystem. By enabling more effective working capital management for suppliers, Lamaa helps businesses maximize their treasury returns.

Rabbit mart

Pre Seed Round in 2021
At Rabbit, we plan to change how the world shops. Retail has witnessed one revolution before with the introduction of E-Commerce that changed how customers order stuff and the second revolution is here! We are proud to be among the pioneers, a handful of global entrepreneurs that are leading and shaping the retail's second revolution We are funded by amazing VCs that are helping us build the next big thing You feel it is vague? that's intended as we are still building in stealth. but trust us, it is COOL!

Untap

Seed Round in 2021
Untap is a submission management system that assists organizations in planning, launching, and managing online prize-based competitions and calls for applications. Its platform simplifies the entire submission process, facilitating the engagement of applicants and judges, evaluating entries, and generating detailed analyses. Untap's software includes features such as a landing page builder, form builder, and extensive application and evaluation workflows with semi-automated screening. This all-in-one innovation and talent discovery platform caters to companies, grant providers, universities, and accelerators, enabling them to effectively discover talent and innovative ideas through open innovation challenges, creative contests, hackathons, grants, and other initiatives.

Zarya App

Pre Seed Round in 2021
Zarya operates an online reselling platform that allows small sellers to source a diverse range of products, including apparel for women and children, electronics, and home goods. The platform provides a catalog of quality products, enabling sellers to offer these items within their networks. In addition to facilitating product access, Zarya encourages users to connect and share product recommendations, ensuring that shoppers can find a wide variety of quality products at affordable prices.

palm.hr

Seed Round in 2021
palm.hr is a revolutionary customer-focused company. They maintain sane working hours while still conducting business. They believe that great software should be available and affordable to everyone, not just large corporations and enterprises. They aim to solve administration and enable HR efficiency by providing frameworks, tools, and technology.

Tabby

Series B in 2021
Tabby Inc. is a financial technology company based in the United Arab Emirates that offers innovative payment solutions for online and offline shopping. The company specializes in a buy now, pay later service, providing consumers in the UAE and Saudi Arabia with flexible payment options. Customers can choose to pay for their purchases either in a single deferred payment or in multiple installments, allowing them to manage their spending and enhance their shopping experience. Through its platform, Tabby aims to reshape the relationship between consumers and money, promoting financial freedom and responsible spending.

SimpliFi

Seed Round in 2021
SimpliFi is a company dedicated to democratizing payments by creating a leading Cards as a Service (CaaS) platform tailored for the MENA region and Pakistan. The platform streamlines the card issuance process, managing the entire end-to-end workflow that includes partner collaboration with banks, schemes, and processors. It also addresses identity verification, fulfillment, and delivery while providing a specialized technology stack that further handles card operations and compliance. By simplifying these complexities, SimpliFi allows its clients to concentrate on their core business activities, thus enhancing their operational efficiency in the financial services sector.

Taager

Seed Round in 2021
Taager is a social e-commerce platform that supports online merchants by providing end-to-end logistics and financing solutions. The platform leverages technology, artificial intelligence, and data science to help small and medium-sized online sellers launch and grow their businesses effectively. By focusing on high-margin products, Taager empowers entrepreneurs to concentrate on their core activities while enhancing their operational efficiency. This comprehensive approach enables business owners to expand their reach and maximize their growth potential in the competitive e-commerce landscape.

Trella

Venture Round in 2021
Trella, established in 2018 and headquartered in Cairo, Egypt, operates an online platform facilitating shipping and transportation services. It connects shippers with carriers, offering technology-driven solutions to enhance drivers' efficiency, boost earnings, and create job opportunities. Trella aims to reduce costs for shippers by improving load utilization, introduce transparent pricing structures, and provide real-time shipment tracking along with performance insights.

Tweeq

Seed Round in 2021
Tweeq is a financial technology company that specializes in providing tailored payment and banking solutions. It operates a financial management platform aimed at personal finance, offering features such as spending tracking, instant money transfers, and enriched transaction data. These tools enable users to efficiently manage their finances, gain insights into their spending habits, and work towards achieving their financial goals. With a focus on enhancing user experience, Tweeq strives to empower individuals in their financial decision-making processes.

Opontia

Seed Round in 2021
Opontia is an e-commerce acquiring company focused on purchasing and growing small businesses across the Middle East and Africa. It specializes in acquiring companies that possess strong home-grown brands and long-term competitive advantages. Opontia aims to simplify the selling process for business owners, ensuring they can receive payment within six weeks of accepting an offer. In addition to facilitating sales, Opontia offers expertise in brand building, product design and launch, logistics, and financing for small and medium enterprises. This comprehensive approach allows Opontia to effectively scale the businesses it acquires while providing a fair and efficient selling experience for owners.

Opontia

Debt Financing in 2021
Opontia is an e-commerce acquiring company focused on purchasing and growing small businesses across the Middle East and Africa. It specializes in acquiring companies that possess strong home-grown brands and long-term competitive advantages. Opontia aims to simplify the selling process for business owners, ensuring they can receive payment within six weeks of accepting an offer. In addition to facilitating sales, Opontia offers expertise in brand building, product design and launch, logistics, and financing for small and medium enterprises. This comprehensive approach allows Opontia to effectively scale the businesses it acquires while providing a fair and efficient selling experience for owners.

Sary

Series B in 2021
Sary is a digital business-to-business marketplace based in Riyadh, Saudi Arabia, that connects small and medium-sized enterprises with merchant wholesalers of fast-moving consumer goods (FMCG). Founded in 2018 by Mohammed Aldossary and Khaled AlSiari, Sary aims to streamline the supply chain in the wholesale industry, allowing businesses to efficiently procure inventory. Its mobile and web application offers a range of FMCG products, including beverages, oils, and snacks, facilitating orders from small quantities to truckloads with rapid delivery options, often within 24 hours. Sary serves a diverse clientele, including mini-market chains, hotels, restaurants, and convenience shops, and has expanded its operations to 12 major cities, catering to over 40,000 customers and partnering with more than 1,700 brands and wholesalers. The platform provides users with immediate price quotations and product comparisons, enabling them to manage their expenses effectively as their businesses grow.

Wafeq

Seed Round in 2021
Wafeq is a software company that specializes in providing a SaaS-based finance platform designed to assist businesses in managing their accounting and invoicing needs. The platform enables users to send customized invoices, quotes, and purchase orders, while also facilitating inventory management, payroll processing, and the generation of financial reports. Additionally, Wafeq simplifies compliance by automatically generating VAT returns. The solution caters to both business owners and accountants, allowing for efficient collaboration and effective data entry, ultimately streamlining financial record management and enhancing overall operational efficiency.

Tabby

Series A in 2020
Tabby Inc. is a financial technology company based in the United Arab Emirates that offers innovative payment solutions for online and offline shopping. The company specializes in a buy now, pay later service, providing consumers in the UAE and Saudi Arabia with flexible payment options. Customers can choose to pay for their purchases either in a single deferred payment or in multiple installments, allowing them to manage their spending and enhance their shopping experience. Through its platform, Tabby aims to reshape the relationship between consumers and money, promoting financial freedom and responsible spending.

Salla

Series A in 2020
Salla is a Saudi-based e-commerce platform that empowers users to establish their own online stores in Arabic, facilitating the sale of products and services directly to customers. The platform allows users to create branded stores with personalized domain names and design options. Store owners can effectively manage their inventory through Salla’s website or mobile application. Additionally, Salla offers a variety of features, including marketing tools, automated invoicing, and performance reports, which aid merchants in enhancing their sales and customer engagement. Users benefit from capabilities such as customer database management, the ability to block customers, and options for promotions and discounts, all without incurring fees or commissions.

Lean Technologies

Seed Round in 2020
Lean Technologies Limited is a FinTech startup founded in 2019 and based in Riyadh, Saudi Arabia. The company specializes in developing an application programming interface (API) platform that facilitates access to consumer financial data. Its API suite addresses the complexities of fragmented financial infrastructure, allowing businesses to easily access their customers' financial information and execute instant bank transfers. Lean Technologies aims to improve the accessibility, transparency, and functionality of financial data and payment systems, contributing to a more inclusive and interconnected financial ecosystem for both consumers and businesses.

Tabby

Seed Round in 2020
Tabby Inc. is a financial technology company based in the United Arab Emirates that offers innovative payment solutions for online and offline shopping. The company specializes in a buy now, pay later service, providing consumers in the UAE and Saudi Arabia with flexible payment options. Customers can choose to pay for their purchases either in a single deferred payment or in multiple installments, allowing them to manage their spending and enhance their shopping experience. Through its platform, Tabby aims to reshape the relationship between consumers and money, promoting financial freedom and responsible spending.

Sary

Series A in 2020
Sary is a digital business-to-business marketplace based in Riyadh, Saudi Arabia, that connects small and medium-sized enterprises with merchant wholesalers of fast-moving consumer goods (FMCG). Founded in 2018 by Mohammed Aldossary and Khaled AlSiari, Sary aims to streamline the supply chain in the wholesale industry, allowing businesses to efficiently procure inventory. Its mobile and web application offers a range of FMCG products, including beverages, oils, and snacks, facilitating orders from small quantities to truckloads with rapid delivery options, often within 24 hours. Sary serves a diverse clientele, including mini-market chains, hotels, restaurants, and convenience shops, and has expanded its operations to 12 major cities, catering to over 40,000 customers and partnering with more than 1,700 brands and wholesalers. The platform provides users with immediate price quotations and product comparisons, enabling them to manage their expenses effectively as their businesses grow.

Dhad

Venture Round in 2019
Dhad is an audio publishing house based in Riyadh, Saudi Arabia, founded by Manar Saud Alomayri in 2014. The company specializes in producing and publishing a wide range of fiction and non-fiction audiobooks in standard Arabic for both adults and children. Dhad's platform allows users to access these titles through its mobile apps and website, making it convenient for listeners to enjoy Arabic content on any device from anywhere.

Noon Academy

Series A in 2019
Noon Academy is a prominent edtech company based in Riyadh, Saudi Arabia, with additional offices in Cairo, Egypt, and Bengaluru, India. Established in 2013, it operates an online learning platform that has served over 12 million students across the Middle East. The platform facilitates collaborative learning by allowing students to study in groups, compete with peers, and access on-demand tutoring. It offers a range of educational content, including free resources and subscription-based services for advanced materials and private tutoring. Noon Academy aims to enhance the learning experience by blending technology with peer-to-peer interactions, making education more engaging and accessible, especially for exam preparation. The company is committed to connecting students with the best teachers, regardless of location, thus expanding its impact in the region and beyond.

Foodics

Series A in 2019
Foodics is a technology company based in AlKhobar, Saudi Arabia, founded in 2014. It specializes in developing a cloud-based restaurant management system designed for iPads, catering to the needs of restaurants, food trucks, cafes, and fast-food chains across the Middle East. The platform offers comprehensive solutions including point-of-sale transactions, inventory management, employee scheduling, loyalty programs, e-commerce integration, and real-time operational oversight through a user-friendly dashboard. Foodics aims to enhance revenue generation and customer relationships for its clients by providing high-tech, easy-to-use tools that streamline restaurant operations.

MRSOOL

Series A in 2019
MRSOOL is an on-demand delivery network based in Riyadh, Saudi Arabia, that enables consumers to order products from any store within the cities it serves. Founded in 2015, the company has developed a unique platform that facilitates a customer-to-customer network, allowing users to interact through a chat-based interface to describe their delivery needs creatively. This innovative approach empowers couriers to bid on deliveries, ensuring a scalable and self-regulating service model. By early 2019, MRSOOL had processed over 1 billion Riyals in transactions and served more than 10 million users across Saudi Arabia, establishing itself as a pioneer in the region's on-demand service fulfillment market.

Golden Scent

Series B in 2019
Golden Scent is an e-commerce platform based in Dammam, Saudi Arabia, specializing in branded perfumes, cosmetics, skincare, and hair products. Founded in 2014, the company aims to be a comprehensive online beauty destination, allowing customers to explore and purchase a wide variety of luxury fragrances and beauty items from a single source. One of the platform's standout features is its application, which enables users to virtually try on products before making a purchase, enhancing the shopping experience. Through its commitment to genuine products and customer satisfaction, Golden Scent has established itself as a key player in the online beauty market.

Swvl

Series B in 2018
Swvl is a technology-driven mobility company that offers an app for booking fixed-route bus trips, providing users with a cost-effective alternative to traditional public transportation and ride-sharing services. Founded in 2017, Swvl operates in Egypt, Kenya, Pakistan, and has its headquarters in Dubai. The company's core product is the B2C Swvl Retail offering, which allows commuters to book rides on minibuses and other vehicles running on fixed or semi-fixed routes within cities through a mobile application. This service enables users to share rides during peak commute times for a flat fare with no surge pricing, promoting environmentally responsible mass transit solutions.

Unifonic

Series A in 2018
Unifonic Inc. is a cloud-based communication solutions provider founded in 2006 and headquartered in San Francisco, California. The company specializes in developing an omnichannel customer engagement platform that facilitates seamless interactions between organizations and their customers. Unifonic offers a suite of services including SMS, voice, phone number verification, and real-time roaming detection, enabling businesses to optimize their communication strategies without the burden of maintaining expensive infrastructure. The company serves a diverse clientele in the MENA region, including notable names such as Haier, Aramex, Easy Taxi, Careem, Medgulf, and Arabia Insurance. By delivering an affordable and multilingual communication solution, Unifonic empowers organizations to enhance customer experiences and streamline engagements across various touchpoints.

TruKKer

Seed Round in 2018
TruKKer is a technology-enabled truck aggregator based in Abu Dhabi, UAE, founded in 2016. The company operates a logistics and fleet management platform that simplifies road freight and logistics operations by integrating demand and supply for land freight services. TruKKer's platform connects shippers and carriers in real time, ensuring maximum utilization of available trucks and reducing overall transportation costs. The company's network, powered by real-time data analytics, enhances reliability and transparency while creating opportunities for data monetization and consolidated procurement. By offering end-to-end coverage and a comprehensive service portfolio, TruKKer facilitates cross-border transportation services for various end markets, benefiting both shippers and transporters alike.

Aqarmap

Series A in 2018
Aqarmap is a real estate marketplace founded in 2011 and headquartered in Al Qahirah, Egypt. The company specializes in providing an online platform that facilitates the buying, selling, and searching of residential properties, including apartments and houses. Aqarmap offers a range of services, including property valuation, price guides, and compound guides, which equip clients with essential information to make informed financial decisions regarding real estate transactions. By streamlining the property management process, Aqarmap aims to enhance the overall experience for users in the real estate market.

Crowd Analyzer

Seed Round in 2018
The 1st media and digital crowd monitoring, analytics and activation by which brands and agencies can understand people's opinions on social, analyze their content, ask them questions, and incentive them to do digital actions.

Salla

Seed Round in 2018
Salla is a Saudi-based e-commerce platform that empowers users to establish their own online stores in Arabic, facilitating the sale of products and services directly to customers. The platform allows users to create branded stores with personalized domain names and design options. Store owners can effectively manage their inventory through Salla’s website or mobile application. Additionally, Salla offers a variety of features, including marketing tools, automated invoicing, and performance reports, which aid merchants in enhancing their sales and customer engagement. Users benefit from capabilities such as customer database management, the ability to block customers, and options for promotions and discounts, all without incurring fees or commissions.

Swvl

Series A in 2018
Swvl is a technology-driven mobility company that offers an app for booking fixed-route bus trips, providing users with a cost-effective alternative to traditional public transportation and ride-sharing services. Founded in 2017, Swvl operates in Egypt, Kenya, Pakistan, and has its headquarters in Dubai. The company's core product is the B2C Swvl Retail offering, which allows commuters to book rides on minibuses and other vehicles running on fixed or semi-fixed routes within cities through a mobile application. This service enables users to share rides during peak commute times for a flat fare with no surge pricing, promoting environmentally responsible mass transit solutions.

Syarah

Series A in 2018
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.

Tamatem

Series A in 2018
Tamatem Inc. is a mobile gaming studio and publishing company based in Amman, Jordan, with an additional office in Mountain View, California. Founded in 2013, Tamatem focuses on developing and localizing mobile games specifically for Arabic-speaking smartphone users. The company partners with international studios and developers to adapt and culturally relevantize various game genres, including racing, RPG-MMO, strategy, puzzle, and trivia. With a strong emphasis on user acquisition, distribution, and monetization, Tamatem has successfully published over 40 games, achieving more than 50 million downloads. The company employs a team of 26 people dedicated to optimizing and managing mobile game success in the MENA market.

525K Global Solutions

Funding Round in 2018
525K Global Solutions Inc. is a technology company dedicated to enhancing the efficiency of product delivery for sellers and e-commerce platforms. The company develops a logistics management platform that offers real-time insights and user-friendly tools, enabling intelligent booking and inventory management across multiple locations. By integrating with retail and web engines, 525K facilitates the rapid delivery of products, with a goal of achieving delivery times as short as one minute. The company's focus encompasses various aspects of e-commerce, including warehousing, fulfillment, last mile delivery, and global supply chain management, aiming to revolutionize the speed and effectiveness of product distribution on a global scale.

Dhad

Seed Round in 2018
Dhad is an audio publishing house based in Riyadh, Saudi Arabia, founded by Manar Saud Alomayri in 2014. The company specializes in producing and publishing a wide range of fiction and non-fiction audiobooks in standard Arabic for both adults and children. Dhad's platform allows users to access these titles through its mobile apps and website, making it convenient for listeners to enjoy Arabic content on any device from anywhere.

Golden Scent

Series A in 2017
Golden Scent is an e-commerce platform based in Dammam, Saudi Arabia, specializing in branded perfumes, cosmetics, skincare, and hair products. Founded in 2014, the company aims to be a comprehensive online beauty destination, allowing customers to explore and purchase a wide variety of luxury fragrances and beauty items from a single source. One of the platform's standout features is its application, which enables users to virtually try on products before making a purchase, enhancing the shopping experience. Through its commitment to genuine products and customer satisfaction, Golden Scent has established itself as a key player in the online beauty market.

TruKKer

Seed Round in 2017
TruKKer is a technology-enabled truck aggregator based in Abu Dhabi, UAE, founded in 2016. The company operates a logistics and fleet management platform that simplifies road freight and logistics operations by integrating demand and supply for land freight services. TruKKer's platform connects shippers and carriers in real time, ensuring maximum utilization of available trucks and reducing overall transportation costs. The company's network, powered by real-time data analytics, enhances reliability and transparency while creating opportunities for data monetization and consolidated procurement. By offering end-to-end coverage and a comprehensive service portfolio, TruKKer facilitates cross-border transportation services for various end markets, benefiting both shippers and transporters alike.

Malaeb

Seed Round in 2017
Malaeb Limited, established in 2016 and headquartered in Seef, Bahrain, develops the Malaeb App. This community application facilitates football players to join matches, organize games, and book fields conveniently through a user-friendly platform that also allows real-time booking management and team creation.

Alwans

Series A in 2017
ALWANS is a famous Saudi company with diverse interests and capabilities. They invest in startup ideas and technological ventures, with an emphasis on e-commerce, online marketing, mobile apps, and mobile gaming. The firm's successful collaborations with technological and business leaders, as well as regional private enterprises, continue.

Foodics

Series A in 2017
Foodics is a technology company based in AlKhobar, Saudi Arabia, founded in 2014. It specializes in developing a cloud-based restaurant management system designed for iPads, catering to the needs of restaurants, food trucks, cafes, and fast-food chains across the Middle East. The platform offers comprehensive solutions including point-of-sale transactions, inventory management, employee scheduling, loyalty programs, e-commerce integration, and real-time operational oversight through a user-friendly dashboard. Foodics aims to enhance revenue generation and customer relationships for its clients by providing high-tech, easy-to-use tools that streamline restaurant operations.

SocialDice

Seed Round in 2017
SocialDice Inc. is a Dubai-based company that specializes in developing and operating recruitment software and an applicant tracking system. Founded in 2013, it offers a Software-as-a-Service (SaaS) product designed to enhance the hiring process for employers. SocialDice enables organizations to advertise job openings across multiple platforms with minimal effort, including well-known job sites. The software utilizes artificial intelligence and machine learning technologies to analyze candidate qualifications, providing insights into their skills and experiences. It centralizes the entire hiring process, allowing employers to manage applicants, conduct interviews, and collaborate with hiring teams from a single dashboard. Additionally, SocialDice facilitates communication with candidates and offers tools to create professional job descriptions, track hiring metrics, and improve overall recruitment effectiveness. The company also operates an office in Ramallah, Palestine, further extending its reach in the recruitment technology sector.

Fetchr

Series B in 2017
Fetchr is a logistics and shipping services provider that focuses on enabling local merchants and global brands to establish and expand profitable eCommerce operations. The company addresses the challenges posed by the lack of physical addresses in emerging markets by utilizing an innovative app that employs GPS technology to accurately pinpoint delivery locations. This technology facilitates both domestic and international shipments, allowing Fetchr to streamline the courier process through automation and predictive machine learning, enhancing overall efficiency. By offering a user-friendly solution, Fetchr simplifies the shipping experience, making it easier for clients to dispatch goods globally.

Melltoo

Seed Round in 2017
Melltoo is a mobile marketplace designed for buying and selling secondhand goods without the need for in-person meetups. Available on both iPhones and Android devices, as well as through a mobile-responsive web application, Melltoo offers a platform that connects local buyers and sellers. The marketplace features a diverse range of products, including electronics, fashion items, home appliances, and children's goods. To enhance user confidence, Melltoo provides a money-back guarantee on every transaction, ensuring a secure and reliable trading experience for its users.

Crowd Analyzer

Seed Round in 2016
The 1st media and digital crowd monitoring, analytics and activation by which brands and agencies can understand people's opinions on social, analyze their content, ask them questions, and incentive them to do digital actions.

Bayzat

Series A in 2016
Bayzat LLC is a technology company based in Dubai, United Arab Emirates, that specializes in providing online insurance and human resources solutions to businesses. Founded in 2011, it operates a platform that allows companies and individuals to compare and purchase health insurance policies, while also offering services such as car insurance. The company's Bayzat Benefits platform enables users to manage their insurance policies, track benefits, and access information about healthcare providers. Additionally, Bayzat provides human resource software that helps businesses manage employee records, track time off, and administer health insurance plans. By automating these processes, Bayzat aims to enhance employee experiences and streamline HR administration for small and medium-sized enterprises. The company currently supports over 80,000 employees across various organizations.

Foodics

Seed Round in 2016
Foodics is a technology company based in AlKhobar, Saudi Arabia, founded in 2014. It specializes in developing a cloud-based restaurant management system designed for iPads, catering to the needs of restaurants, food trucks, cafes, and fast-food chains across the Middle East. The platform offers comprehensive solutions including point-of-sale transactions, inventory management, employee scheduling, loyalty programs, e-commerce integration, and real-time operational oversight through a user-friendly dashboard. Foodics aims to enhance revenue generation and customer relationships for its clients by providing high-tech, easy-to-use tools that streamline restaurant operations.

Syarah

Seed Round in 2016
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.

Eventtus

Venture Round in 2016
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.

Morni

Seed Round in 2016
Morni is a Saudi Arabian company based in Riyadh that specializes in providing roadside assistance services through an interactive smartphone application. Founded in 2014, Morni offers a range of services including towing, battery repair or replacement, emergency vehicle unlocking, tire fixes, and fuel delivery. These services are available to both individuals and corporations across Saudi Arabia and the Gulf Countries, ensuring users can address various roadside issues promptly and conveniently.

SocialDice

Seed Round in 2015
SocialDice Inc. is a Dubai-based company that specializes in developing and operating recruitment software and an applicant tracking system. Founded in 2013, it offers a Software-as-a-Service (SaaS) product designed to enhance the hiring process for employers. SocialDice enables organizations to advertise job openings across multiple platforms with minimal effort, including well-known job sites. The software utilizes artificial intelligence and machine learning technologies to analyze candidate qualifications, providing insights into their skills and experiences. It centralizes the entire hiring process, allowing employers to manage applicants, conduct interviews, and collaborate with hiring teams from a single dashboard. Additionally, SocialDice facilitates communication with candidates and offers tools to create professional job descriptions, track hiring metrics, and improve overall recruitment effectiveness. The company also operates an office in Ramallah, Palestine, further extending its reach in the recruitment technology sector.

Sylndr

Sylndr is an automotive e-commerce marketplace focused on enhancing the used-car market. The company aims to build trust among customers by providing a reliable platform for buying and selling used vehicles. Sylndr offers an extensive selection of high-quality used cars and a variety of financing solutions, positioning itself as the preferred destination for individuals looking to engage in transactions within the used-car sector. Through its innovative approach, Sylndr seeks to ensure transparency and reliability, thereby improving the overall customer experience in the automotive marketplace.

Stitch

Stitch allows businesses to build and operate financial products.

Stitch

Stitch provides a technology stack with modular building blocks for fintechs, corporates, and banks.
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