Seedra Ventures

Seedra Ventures is an early-stage venture capital firm established in 2019 and based in Riyadh, Saudi Arabia. The firm is dedicated to fostering disruptive innovations and trends throughout the region, focusing on sectors such as business-to-business, commercial services, business-to-consumer, energy, financial services, healthcare, and technology. Seedra Ventures aims to provide venture-building services and strategically invests in companies within Egypt, Saudi Arabia, and the United Arab Emirates, supporting their growth and development in a dynamic marketplace.

Abdullah Almunif

Co-Founder, Partner and Board Member

Past deals in Bahrain

Spare

Seed Round in 2023
Spare is a micro-savings application that offers tools for account information and payment initiation, aimed at enhancing financial product development. By leveraging open banking technology, Spare enables access to transaction data and personal account information, such as account names and balances, from various financial institutions. This functionality allows developers to create customized checkout experiences, facilitating improved financial management for users.
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