Saudi Venture Capital Company

Saudi Venture Capital Company is a venture capital firm established in 2018 and based in Riyadh, Saudi Arabia. The company aims to address equity funding gaps for startups by investing in various funds. By focusing on supporting emerging businesses, Saudi Venture Capital Company plays a pivotal role in enhancing the entrepreneurial ecosystem within the region.

Khaled Alsuraisry

Head of Co-Investments and Investment Director

Nabeel Koshak Ph.D

CEO and Board Member

Nora M. Alsarhan

Deputy CEO

Past deals in Saudi Arabia

Tabby

Series D in 2023
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.

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.

Tabby

Series D in 2023
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.

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.

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.

Caramella

Seed Round in 2019
Caramella is a Saudi Arabian startup that has developed an innovative online platform for publishing social media content and blogging. The platform allows users to create and share articles and posts with ease, featuring over 80 templates that cater to various styles and topics. Caramella's offerings encompass a wide range of subjects, including products, technology, healthcare, marketing, and travel, providing readers with access to informative content and the latest news. The company's focus on user-friendly design and powerful features positions it as a modern solution for content creators looking to engage audiences effectively.

Lucidya

Series A in 2019
Lucidya, LLC is a software as a service (SaaS) company based in Riyadh, Saudi Arabia, founded in 2016. It specializes in social media monitoring and analytics, offering a platform that enables organizations to detect and analyze spikes in social media activity, track trending hashtags, and access brand statistics through an interactive live dashboard. Lucidya's solution includes real-time alerting, automated reporting, competitive analysis, and benchmarking, making it valuable for a diverse range of clients, including agencies, brands, non-profit organizations, and media industries. Leveraging proprietary artificial intelligence and Arabic natural language processing technologies, Lucidya provides accurate analysis of social media interactions in Arabic, establishing itself as a leading tool in the MENA region. The company has successfully expanded its customer base beyond Saudi Arabia to over six countries, serving various sectors such as telecommunications, banking, automotive, and retail.

Nota Nota

Seed Round in 2019
Nota Nota Limited is a company based in Riyadh, Saudi Arabia, specializing in the development and sale of personal perfume mixing machines. These innovative machines allow users to create their own unique fragrances from the comfort of their homes. The devices are equipped with smart technology that connects users to a social hub, enabling them to share and explore various perfume designs. Additionally, Nota Nota offers a mobile application that facilitates the customization of scents and provides users with the ability to command the machine to produce their desired perfumes. The company markets its products through an online platform, making personal fragrance creation accessible and convenient for consumers.

Telfaz11

Series A in 2018
Telfaz11 is a media production company based in Riyadh, Saudi Arabia, founded in 2011. It operates an Arabic multi-channel network that focuses on talent management, comedy, entertainment, and content creation. The company specializes in producing and distributing engaging online content, partnering with video platforms to deliver captivating series and films that resonate with local audiences while maintaining universal appeal. Telfaz11 influences social trends and provides opportunities for brands to promote themselves through its creative entertainment offerings, ensuring a blend of entertainment and brand promotion within its network.

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.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.