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.

Haitham Al-foraih

Founding Partner and CEO

Waleed Albarrak

Principal

Abdullah Almunif

Co-Founder, Partner and Board Member

Past deals in Jordan

ZenHR

Venture Round in 2022
ZenHR is a cloud-based human resources management system based in Amman, Jordan, with additional locations in Dubai and Riyadh. Founded in 2016, the company specializes in providing HR software solutions tailored for the Middle East and North Africa region. ZenHR's platform includes a comprehensive suite of features such as onboarding and offboarding, employee self-service, attendance and time tracking, payroll, and performance evaluation. The software is designed to comply with local labor laws, social insurance, tax regulations, and expat requirements, making it suitable for a wide range of clients from small and medium enterprises to larger organizations. By automating processes like salary calculations and offering user-friendly interfaces, ZenHR aims to enhance the overall HR experience for both departments and employees, facilitating a seamless transition from the hiring phase to retirement.
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