Wa’ed Ventures

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.

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.

Founded in 2021, Autobia is a Saudi Arabian B2B marketplace that connects automotive wholesalers and resellers. It uses data-driven solutions to streamline infrastructure and after-sales processes, offering digital platforms for trading spare parts globally.

Zid is a cloud-based multi-channel commerce platform tailored for small and medium-sized businesses in Saudi Arabia. Founded in 2017 and headquartered in Riyadh, Zid enables merchants to create their own branded eStores while integrating with various supply chain players. The platform offers a comprehensive suite of tools that allow users to manage products and inventory, process orders and payments, ship products, and build customer relationships. It also provides analytics and reporting features, facilitating data-driven decision-making, and offers access to financing options. Zid's mission is to simplify the entry of retailers into electronic commerce, making it accessible and professional for businesses in the region.

Hire at enterprise scale without enterprise complexity. Since 2019, Elevatus has been rigorously implementing the latest in AI technology and modern science to design award-winning recruiting solutions that are revolutionizing the future of HR. Through these solutions, hundreds of companies from all over the world have been able to hire and assess over 1 million candidates to date. Elevatus helps enterprises, industry giants, startups, and brands from all around the globe centralize their core HR processes under one unified umbrella – to create a faster and more cost-efficient hiring experience. Today, Elevatus is a multi-award-winning software company headquartered in Saudi Arabia; with a growing client base, first-class awards, and legions of talented people in our team.

Squadio is an international platform that connects organizations with vetted tech squads for managing digital product development or improvement. It offers services such as talent vetting, hiring engineers, payroll management, and optional product managers per squad.

Cura is a telemedicine company that connects patients with licensed doctors through its platform, allowing users in Saudi Arabia to access teleconsultations across approximately 200 medical specialties. Since its launch in 2016, Cura has enhanced its services to enable users to receive diagnoses based on international standards and obtain e-prescriptions for themselves or their family members. The platform facilitates consultations through various media, including pictures, videos, and audio recordings, ensuring that patients can follow up on their healthcare needs without the constraints of time or distance. Users can also pay for services using their health insurance, further streamlining the process of accessing medical care.

FalconViz specializes in digital transformation services, utilizing advanced technologies such as aerial drones and terrestrial scanning systems. The company offers comprehensive solutions for geospatial mapping, asset inspection, climate monitoring, and cultural heritage preservation. Founded in Saudi Arabia, FalconViz enables clients to enhance their digitization capabilities and make data-driven strategic decisions.

Postage offers delivery services for various goods ranging from clothing to books offered by 50 local and international e-commerce players. It claims to be the first last-mile operator to offer guaranteed same-day delivery between Riyadh and Dammam, as well as offering a two-hour delivery service across Riyadh.

Hazen.ai is a company specializing in artificial intelligence-based traffic enforcement solutions, founded in 2017 and headquartered in Mecca, Saudi Arabia. It develops advanced traffic camera systems that utilize computer vision and deep learning to monitor and analyze traffic violations, including dangerous driving behavior. Hazen.ai's products, such as traffic violation monitors and vehicle motion tracking software, are designed to assist enforcement organizations in efficiently identifying and addressing various moving violations. By leveraging cutting-edge video analysis technology, the company's systems aim to enhance road safety and ultimately save lives.

UnitX is a deep tech company specializing in artificial intelligence, supercomputing, and data analytics. It develops platforms and software to deploy AI at scale, with on-premises and edge-to-cloud integration and on-demand supercomputing for rapid prototyping. Its offerings include AI acceleration, digital transformation, and simulation-focused tools that let customers build applications and containers for supercomputing and allocate compute resources by time and cost. The company also provides safety and security monitoring solutions that fuse sensor data and video analytics to deliver real-time insights, detect hazards, and track personnel at industrial sites. UnitX serves a broad range of industries, including finance, insurance, government, retail, telecom, healthcare, manufacturing, and logistics. Based in Thuwal, Saudi Arabia, UnitX emphasizes responsible AI, holds ISO certification, and is recognized by SDAIA and NVIDIA for its technology.

Sadeem Technology develops a wireless sensing system that monitors floods, traffic, weather, and air quality in urban environments. The company deploys solar-powered, plug-and-play sensor networks, mobile applications, and visualization tools to enable disaster management and real-time situational awareness. Its sensors are installed in city infrastructure and drainage systems, facilitating early flood detection, traffic monitoring, and environmental sensing through an integrated platform. Founded in 2016 and based in Thuwal, Saudi Arabia, Sadeem offers a multi-patented solution comprising a network of sensors, a mobile app, and visualization tools to deliver real-time flood signals and traffic data, helping to mitigate losses and reduce congestion during extreme weather events.

Hazen.ai is a company specializing in artificial intelligence-based traffic enforcement solutions, founded in 2017 and headquartered in Mecca, Saudi Arabia. It develops advanced traffic camera systems that utilize computer vision and deep learning to monitor and analyze traffic violations, including dangerous driving behavior. Hazen.ai's products, such as traffic violation monitors and vehicle motion tracking software, are designed to assist enforcement organizations in efficiently identifying and addressing various moving violations. By leveraging cutting-edge video analysis technology, the company's systems aim to enhance road safety and ultimately save lives.

FalconViz specializes in digital transformation services, utilizing advanced technologies such as aerial drones and terrestrial scanning systems. The company offers comprehensive solutions for geospatial mapping, asset inspection, climate monitoring, and cultural heritage preservation. Founded in Saudi Arabia, FalconViz enables clients to enhance their digitization capabilities and make data-driven strategic decisions.

IK Saudi is Saudi JV -based Company and has a manufacturing facility at Dammam second industrial city, IK-Saudi vision to be the premier pipe & pipeline intervention solutions & technologies in Saudi and the Middle East. The company is well positioned to address the current market gap in Saudi Arabia for engineered utility scrapers and bespoke world-class solutions for pipelines in Saudi Arabia and the Middle East.(Hot tapping, Hot Bolting, Hydrostatic Testing , Sub Sea Turn around and repair solutions.

SafeRoad Co. LTD. specializes in GPS tracking hardware and software solutions aimed at enhancing safe road operations in the Middle East. Founded in 2008 and based in Khobar, Saudi Arabia, the company provides a comprehensive range of services including fleet management, individual vehicle monitoring, generator monitoring, and school bus systems. Its offerings feature real-time tracking, history tracking, geo-fencing, and notification alerts. SafeRoad's innovative telematics solutions not only focus on fleet management but also on optimizing driver utilization, ensuring driver safety, and reducing operational costs and insurance expenses for various sectors such as transportation, courier delivery, and civil contracting. The company's commitment to improving road safety and driver behavior has garnered recognition and awards from notable organizations, highlighting its significant impact on the regional economy.