Watheeq Proptech Venture
Watheeq Proptech Venture is a venture capital firm established in 2021 and headquartered in Riyadh, Saudi Arabia. The firm is dedicated to investing in innovative startups that utilize technology to transform the real estate industry. Its investment focus spans the entire real estate lifecycle, including sectors such as smart cities, smart buildings, co-working and co-living solutions, climate technology, hospitality technology, real estate marketplaces, fintech, legal tech, analytics, shared economy, virtual and augmented reality, and blockchain applications. Watheeq Proptech Venture is Shariah-compliant and is managed by a team of professionals with over a century of combined experience in real estate, technology, and investment, providing them with extensive knowledge and insight into the market.
Top Stages
Past deals in Saudi Arabia
Munjz
Series A in 2023
Munjz LLC operates a mobile application that connects customers with licensed handymen for various household services, including plumbing, electrical work, air-conditioning maintenance, cleaning, and furniture assembly. Founded in 2017 and based in Dammam, Saudi Arabia, Munjz offers a proptech solution that provides pre-screened professionals and integrated maintenance services for homes, facilities, and businesses. The platform also features an online marketplace that allows clients to access maintenance services and annual service packages tailored to their needs. This comprehensive approach aims to facilitate the management of household services effectively for all users.
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