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 payment solutions for online purchases. It operates a platform that provides customers in the UAE and Saudi Arabia with a buy now, pay later option, allowing them to make payments for their purchases either in a single deferred payment or through multiple installments. This service aims to enhance financial flexibility, enabling consumers to manage their spending more effectively while ensuring safe payment transactions. Through its innovative approach, Tabby seeks to reshape the relationship individuals have with their finances, promoting a more accessible shopping experience.

Noon Academy

Series B in 2023
Noon Academy operates an online learning platform that focuses on enhancing educational experiences for students in the Middle East. Founded in 2013 and headquartered in Riyadh, Saudi Arabia, with offices in Cairo, Egypt, and Bengaluru, India, the platform has successfully taught 12 million students. It offers a blend of free educational content and tutoring services, allowing students to study collaboratively in groups, compete with peers, and request on-demand tutoring. The platform is designed to prepare students for various examinations, including general aptitude and achievement tests. Additionally, Noon Academy supports teachers by enabling them to build followings and earn income based on their performance and student feedback. By integrating elements of peer-to-peer learning and advanced technology, Noon Academy aims to provide equitable access to high-quality education for every student.

Tabby

Series D in 2023
Tabby Inc. is a financial technology company based in the United Arab Emirates that offers payment solutions for online purchases. It operates a platform that provides customers in the UAE and Saudi Arabia with a buy now, pay later option, allowing them to make payments for their purchases either in a single deferred payment or through multiple installments. This service aims to enhance financial flexibility, enabling consumers to manage their spending more effectively while ensuring safe payment transactions. Through its innovative approach, Tabby seeks to reshape the relationship individuals have with their finances, promoting a more accessible shopping experience.

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.

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.

Caramella

Seed Round in 2019
Caramella is a Saudi Arabian startup that has developed an online platform for publishing social media content and blogging. The platform is designed to be user-friendly and powerful, allowing users to create visually appealing articles and posts quickly, using over 80 customizable templates. Caramella focuses on a diverse range of topics, including products, technology, healthcare, marketing, and travel, providing readers with informative articles and blogs that keep them updated on the latest news and trends.

Lucidya

Series A in 2019
Lucidya, LLC is a software as a service (SaaS) company specializing in social media monitoring and analytics. Founded in 2015 and headquartered in Jeddah, Saudi Arabia, Lucidya offers a platform that enables organizations to detect and analyze social media trends, track hashtags, and access brand statistics through an interactive dashboard. It provides features such as real-time alerts, automated reporting, competitive analysis, and benchmarking. The company's unique AI and Arabic natural language processing technologies allow for accurate analysis of interactions in the Arabic language, positioning it as a leading tool in the MENA region. Lucidya serves a diverse clientele, including agencies, brands, non-profit organizations, and media entities, and has expanded its reach beyond Saudi Arabia to over six countries, catering to various industries 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 devices allow users to create their own custom perfumes, offering a unique experience in fragrance design. The company also provides a mobile application that enables users to control the machine, design their perfumes, and command the device to produce them. By connecting creators and designers globally, Nota Nota fosters a community where individuals can share and explore different fragrance combinations. The products are available for purchase through the company's online platform, making it accessible for users to personalize their scent choices as part of their daily routines.
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