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Top 30 Enterprise Software VC Funds & Investors in Saudi Arabia (November 2026)

The most active venture capital funds investing in Saudi Arabia Enterprise Software startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Saudi Arabia Enterprise Software startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Outliers Venture Capital
VC Fund
4 Saudi Arabia, Egypt, United States Seed, Series A, Pre-Seed E-Commerce, Financial Services, Information Technology $300k–$33M
Shorooq Partners
VC Fund
3 United Arab Emirates, United States, Saudi Arabia Seed, Series A, Pre-Seed FinTech, Financial Services, Software $600k–$29M
Wamda Capital
VC Fund
3 United Arab Emirates, United States, Turkey Seed, Series A, Series B E-Commerce, Software, Financial Services $600k–$65M
Class 5 Global
VC Fund
3 United States, United Arab Emirates, Singapore Seed, Series A, Pre-Seed FinTech, Financial Services, E-Commerce $300k–$23M
STV
VC Fund
2 Saudi Arabia, United Arab Emirates, United States Series A, Series B, Seed Financial Services, FinTech, E-Commerce $2.1M–$72M
otf Jasoor Ventures
VC Fund
2 United Arab Emirates, Saudi Arabia, Oman Seed, Series A, Series B Logistics, B2B, FinTech $2M–$42M
Sultan Holdings
VC Fund
2 Saudi Arabia Seed, Series A, Venture - Series Unknown SaaS, Chemical, Software
Oryx Fund
VC Fund
2 United Arab Emirates, Saudi Arabia, Oman Seed, Pre-Seed, Series A Software, SaaS, FinTech $1000k–$13M
The Olayan Group
VC Fund
1 United States, United Arab Emirates, India Series A, Series E, Convertible Note SaaS, Software, Information Technology $20M–$330M
Merak Capital
VC Fund
1 Saudi Arabia, United Arab Emirates, United States Seed, Venture - Series Unknown, Pre-Seed Gaming, Software, FinTech $293k–$8M
HALA Capital
VC Fund
1 Saudi Arabia, United Arab Emirates, Egypt Seed, Series A, Venture - Series Unknown FinTech, Financial Services, Software $450k–$440M
F6 Ventures
VC Fund
1 Egypt, United Arab Emirates, Saudi Arabia Pre-Seed, Seed, Non-Equity Assistance Software, E-Commerce, Information Technology $15k–$1.1M
Saudi Venture Capital Company
VC Fund
1 Saudi Arabia, Germany, United States Seed, Series A, Series B E-Commerce, Software, FinTech $300k–$124M
Zain Ventures
VC Fund
1 Saudi Arabia, United States Series A Software, Artificial Intelligence $20M–$40M
Iliad Partners
VC Fund
1 United Arab Emirates, Saudi Arabia Seed, Series A, Convertible Note Logistics, Information Technology, B2B $4M–$65M
Isometry Capital
VC Fund
1 Saudi Arabia Seed, Series B Payments, Information Technology, Software
Al Tuwaijri Fund
VC Fund
1 Egypt, Saudi Arabia Seed Logistics, E-Commerce, B2B $1.2M–$6.5M
Dallah Investment
VC Fund
1 Saudi Arabia, Egypt, India Private Equity, Seed Apps, SaaS, Internet
Sanabil
VC Fund
1 United States, Saudi Arabia, United Arab Emirates Pre-Seed, Series B, Series A FinTech, E-Commerce, Artificial Intelligence $100k–$157M
Elm
VC Fund
1 Saudi Arabia, India, Nigeria Seed, Series A, Series B Artificial Intelligence, SaaS, E-Commerce $2M–$50M
Raz Group
VC Fund
1 Saudi Arabia, United Arab Emirates Seed, Pre-Seed, Convertible Note Events, Advertising, Media and Entertainment $550k–$2.5M
AlRajhi Partners
VC Fund
1 Saudi Arabia, United Arab Emirates, Bahrain Series A, Seed Subscription Service, Information Technology, Apps $8M–$80M
Rua Growth Fund
VC Fund
1 Saudi Arabia, United Arab Emirates, Bahrain Seed, Series A, Series B Financial Services, SaaS, FinTech $2.3M–$30M
Artal Capital
VC Fund
1 Saudi Arabia Series A, Series B, Series C E-Commerce, SaaS, Travel $40M–$40M
Saudi Aramco Entrepreneurship Ventures
VC Fund
1 Saudi Arabia, India, Luxembourg Series A, Seed, Convertible Note Information Technology, Software, Intelligent Systems $480k–$33M
Wa’ed Ventures
VC Fund
1 Saudi Arabia, United Arab Emirates, United States Seed, Series A, Venture - Series Unknown Software, Artificial Intelligence, Information Technology $25k–$30M
Khwarizmi Ventures
VC Fund
1 Saudi Arabia, United Arab Emirates, Egypt Seed, Series A, Series B E-Commerce, FinTech, Software $1.6M–$157M
Global Ventures
VC Fund
1 United Arab Emirates, Egypt, United States Seed, Series A, Series B Health Care, FinTech, Financial Services $1.2M–$50M
Knollwood Investment Advisory
VC Fund
1 United States, United Arab Emirates, South Korea Series A, Seed, Series B Software, E-Commerce, Information Technology $2M–$50M
9Yards Capital
VC Fund
1 United States, United Kingdom, Ireland Series A, Series B, Seed FinTech, Financial Services, Software $1.5M–$130M
Access all 33 VC funds in Saudi Arabia Enterprise Software startups.

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Investor list

Outliers Venture Capital
VC Fund · Menlo Park, California, United States · 4 investments in Saudi Arabia Enterprise Software startups, 7 in the past 12 months

Backing outlier founders who build different.

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Investment focus

  • Industry: E-Commerce, Financial Services, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Saudi Arabia, Egypt, United States

Investor stats

  • Total investments: 39
  • Round size: Seed $1.4M–$6.5M; Pre-Seed $300k–$11M; Series A $1M–$33M
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • inve — Inve is a relationship-based event management platform that makes every guest feel personally valued. Send personalised invitations through Gmail or WhatsApp, and manage RSVPs, guest profiles, and event details in one place. Track engagement, automate reminders, and build lasting relationships through smarter, more personalised events.
  • Stream — Stream is a company that helps make payments simpler, faster, and reliable.
  • Northstar Security — Northstar Security is an enterprise cybersecurity startup developing an agentic artificial intelligence platform.
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Shorooq Partners
VC Fund · Abu Dhabi, Abu Dhabi, United Arab Emirates · 3 investments in Saudi Arabia Enterprise Software startups, 13 in the past 12 months

Shorooq Partners is the leading tech investor in the region, inspired by the best entrepreneurs, investors and practices from around the world.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Arab Emirates, United States, Saudi Arabia

Investor stats

  • Total investments: 222
  • Round size: Seed $600k–$10M; Pre-Seed $2M–$4.5M; Series A $2M–$29M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely still investing — raised $100M in 2024

Portfolio highlights

  • FMSi — FMSi is a SaaS company that helps with vehicle tracking solutions, administration and monitoring services for IVMS, and project management.
  • Aumet — Aumet allows medical manufacturers and distributors increase their sales by sharing hospital inquiries, business news, search for products, and find potential clients.Manufacturers and distributors who work together connect and get verified so they share hospital inquiries, market business news between each other .Suppliers list their productsand connect with distributors who sell these products and select countries, where they are looking for distributors, in the meantime distributors, connects with their suppliers, search for new product and list their interests.
  • OptimizeGEO.ai — OptimizeGEO.ai is an AI search visibility platform whose proprietary engine helps brands dominate LLM and AI search results
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Wamda Capital
VC Fund · Dubai, Dubai, United Arab Emirates · 3 investments in Saudi Arabia Enterprise Software startups

We are a leading venture capital firm in Dubai, UAE, focused on supporting entrepreneurs in the MENA region at the seed- and early-stage building great companies.

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Investment focus

  • Industry: E-Commerce, Software, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: United Arab Emirates, United States, Turkey

Investor stats

  • Total investments: 134
  • Round size: Seed $600k–$6.5M; Series A $2M–$10M; Series B $3.5M–$65M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: May invest from a new fund soon — raised $70M in 2018

Portfolio highlights

  • HeyBreez AI — Breez AI is a no-code voice orchestration platform built for reliable, scalable real-time voice AI. The system unifies carrier connectivity, media delivery, AI models, and orchestration into one global routing layer, stabilizing phone operations and enabling companies to scale voice automation without engineering or additional headcount.
  • Hala — Hala offers a payment and wallet solution for individuals and point-of-sale (PoS) services that enable merchants to accept credit card payments.
  • Anecdote —
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Class 5 Global
VC Fund · San Francisco, California, United States · 3 investments in Saudi Arabia Enterprise Software startups

Class 5 Global is a venture fund investing in the next generation of emerging market entrepreneurs.

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Investment focus

  • Industry: FinTech, Financial Services, E-Commerce
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, United Arab Emirates, Singapore

Investor stats

  • Total investments: 42
  • Round size: Seed $1.4M–$8.5M; Pre-Seed $300k–$5M; Series A $8M–$23M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: Likely still investing — raised $1.2M in 2022

Portfolio highlights

  • Ziina — Pay and get paid fast. Ziina is the easiest way to send and receive money in the UAE. Accept cashless payments anywhere with Apple Pay, Google Pay, or card.
  • invygo — Invygo is MENA's first & largest car subscription service creating accessible mobility options through an all-inclusive monthly subscription, all in a seamless app-based experience.For consumers: we provide them access to passenger cars without any financial burdens through a customizable month-to-month subscription through a mobile appFor Dealers: through our technology, they get access to a new business model that helps them generate revenue and reduce their depreciation and operational cost The company was founded in 2018 by Eslam Hussein and Pulkit Ganjoo in Dubai, UAE.
  • BRKZ — BRKZ is a construction-tech company that provides a one-stop solution by selling building materials to contractors and builders.
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STV
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 2 investments in Saudi Arabia Enterprise Software startups

STV is a $500M technology venture capital fund headquartered in Riyadh, Saudi Arabia

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Investment focus

  • Industry: Financial Services, FinTech, E-Commerce
  • Stage:Series A, Series B, Seed
  • Geography: Saudi Arabia, United Arab Emirates, United States

Investor stats

  • Total investments: 78
  • Round size: Seed $2.1M–$17M; Series A $6M–$30M; Series B $20M–$72M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: Likely actively investing — fresh fund, raised $100M in 2026

Portfolio highlights

  • Morni — Morni is an interactive platform that provides roadside assistant services in Saudi Arabia and the Gulf Countries through a smart-phone application. Morni currently provides its services to both individuals and corporations.
  • Signit — Transform your contract workflows with secure, legally-binding e-signatures. Trusted by 700+ Saudi organizations.
  • Stream — Stream is a company that helps make payments simpler, faster, and reliable.
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otf Jasoor Ventures
VC Fund · Muscat, Masqat, Oman · 2 investments in Saudi Arabia Enterprise Software startups

We back Omani founders from the first idea to the first real scale. Initial funding up to 40,000 OMR.

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Investment focus

  • Industry: Logistics, B2B, FinTech
  • Stage:Seed, Series A, Series B
  • Geography: United Arab Emirates, Saudi Arabia, Oman

Investor stats

  • Total investments: 16
  • Round size: Seed $2M–$7.5M; Series A $2.3M–$37M; Series B $26M–$42M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • NymCard — <p><span style="color:#ce9178;">NymCard is providing, in the MENA region and around the globe, dynamic and secure building blocks for building fast and easy card programs.</span></p>
  • ELEVATUS — Elevatus is the #1 Agentic AI Hiring Operating System built for enterprise scale. Autonomous recruiting from requisition to onboarding - zero code.
  • Dastgyr Technologies — Simplifying Global Trade
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Sultan Holdings
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 2 investments in Saudi Arabia Enterprise Software startups

Sultan Holdings is a holding corporation. It focused on expanding both domestic and foreign investments.

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Investment focus

  • Industry: SaaS, Chemical, Software
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Saudi Arabia

Investor stats

  • Total investments: 3
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Intelmatix — Intelligent Informatics Technologies Intelmatix is a deep tech AI company offering Enterprise AI that is accessible providing cutting-edge Decision Intelligence software that gives organizations a competitive advantage in the new AI era. LEARN MORE Capabilities Intelmatix develops technology platforms that integrate sector knowledge with expertise in data sensing, data processing, data analysis, data visualization and interaction.
  • Global Company for Chemical Industries — Global Company for Chemical Industries manufactures speciality chemicals using abundant and competitively priced feedstocks.
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Oryx Fund
VC Fund · Abu Dhabi, Abu Dhabi, United Arab Emirates · 2 investments in Saudi Arabia Enterprise Software startups

Oryx Fund is a MENA-focused Investment fund from Hambro Perks. Investing in game-changing early-stage technology companies at late Seed and Series A, led by outstanding entrepreneurs in sectors we have deep expertise such as Fintech, Healthtech, Enterprise tech, Logistics tech, and Edtech.

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Investment focus

  • Industry: Software, SaaS, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United Arab Emirates, Saudi Arabia, Oman

Investor stats

  • Total investments: 31
  • Round size: Seed $1M–$6.5M; Pre-Seed $1000k–$2.2M; Series A $5M–$13M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • Armoir — Armoir is a luxury luggage brand that designs quality suitcases inspired by travel trunks.
  • Coraly — Coraly connects marketplace benchmarking with practical real-estate AI for property portals, MLSs and real-estate organizations.
  • Qanooni — The legal AI operating system for law firms. Qanooni connects your matters, precedents and 5,000+ cited legal authorities, inside Word and Outlook.
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The Olayan Group
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Enterprise Software startups

The Olayan Group is a privately-owned global enterprise which invests across listed equities, private equity, debt, and real estate.

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Investment focus

  • Industry: SaaS, Software, Information Technology
  • Stage:Series A, Series E, Convertible Note
  • Geography: United States, United Arab Emirates, India

Investor stats

  • Total investments: 12
  • Round size: Series A $20M–$150M; Series E $58M–$330M; Convertible Note $50M–$181M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • CloudPay — CloudPay is a leading global payroll and payments provider delivering Global Pay solutions across 140+ countries and 110+ currencies. CloudPay's unified cloud platform combines global payroll processing, secure payroll payments, and pay on-demand capabilities into one end-to-end solution that helps organizations streamline international payroll operations. As the High-Performance Payroll People, CloudPay blends technology, automation, and local payroll expertise. We help multinational enterprises achieve consistent, compliant payroll outcomes while reducing complexity, enhancing data visibility, and simplifying global workforce cost management. CloudPay’s approach eliminates disjointed payroll systems by combining: - Multi-country payroll processing - Global payroll payments & cross-border transfer capabilities - Pay On-Demand solutions - Compliance management and statutory reporting support - Real-time reporting, analytics, and dashboards - Integrations with leading HRIS and HCM systems - Secure cloud-based infrastructure By unifying payroll and payments on one platform, CloudPay gives finance, HR, and global payroll leaders operational efficiency, compliance confidence, and complete visibility into their global payroll landscape.
  • Emerald AI — Emerald AI turns AI data centers into flexible grid assets, unlocking power capacity for AI while protecting grid reliability and energy affordability.
  • Intelmatix — Intelligent Informatics Technologies Intelmatix is a deep tech AI company offering Enterprise AI that is accessible providing cutting-edge Decision Intelligence software that gives organizations a competitive advantage in the new AI era. LEARN MORE Capabilities Intelmatix develops technology platforms that integrate sector knowledge with expertise in data sensing, data processing, data analysis, data visualization and interaction.
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Merak Capital
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Enterprise Software startups

Merak Capital manages private funds in Venture Capital, Private Equity, Debt Financing, and other asset classes.

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Investment focus

  • Industry: Gaming, Software, FinTech
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Saudi Arabia, United Arab Emirates, United States

Investor stats

  • Total investments: 34
  • Round size: Seed $587k–$8M; Pre-Seed $293k–$1.7M
  • Lead/follow: 79% lead, 21% follow

Portfolio highlights

  • Arsann — ARSANN specializes in consulting services and offers a parking management app that allows operators to monitor cars entering and leaving their facilities. The company also links gig-workers with part-time job opportunities, enhancing workforce flexibility. Additionally, ARSANN collaborates with partners to build smart EV charging networks atparking facilities, contributing to sustainable transportation solutions.
  • Ash Games Studio — Ash Games Studio develops and publishes interactive video games. Available materials indicate a focus on original titles alongside contract game development services for partners. Work typically spans concept, design, prototyping, programming, art, and testing, followed by content updates and live support. Offerings may include co-development andcontent production for mobile and PC releases, along with community and analytics support.
  • Majestic Mind Games — Majestic Mind Games is a game studio creating strategic, mind-engaging video games.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
HALA Capital
VC Fund · Khobar, Ash Sharqiyah, Saudi Arabia · 1 investments in Saudi Arabia Enterprise Software startups

Investment Management Company

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Saudi Arabia, United Arab Emirates, Egypt

Investor stats

  • Total investments: 44
  • Round size: Seed $600k–$6.3M; Series A $500k–$35M; Venture - Series Unknown $450k–$440M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Rize — Rize is a PropTech platform transforming rental payments for both residential and commercial properties. With its “Rent Now, Pay Later” service, Rize allows tenants to split their annual rent into manageable installments, which benefits both renters, who can better manage their rental budgets, and landlords, who can reach a larger consumer base andreceive their yearly rental payment in advance. By enhancing affordability and flexibility, Rize inherently boosts occupancy rates across the rental market.
  • intella — AI-powered voice agents, call center analytics, transcription, and speech-to-text for banks and telecoms across MENA. 86+ Arabic AI experts.
  • Quantum Platform — Quantum | B2B platform to acquire new customers, use our marketing & consumer behavior analysis tools to reach your exact target audience right to their doorsteps!
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F6 Ventures
VC Fund · Gîza, Al Jizah, Egypt · 1 investments in Saudi Arabia Enterprise Software startups

F6 Ventures is a leading seed stage venture capital firm operating across emerging markets. We back exceptional founders from idea-stage all the way to Series A, combining early capital with strategic support and a commitment to long-term partnership. With deep ties across the Middle East, Africa, and beyond, we empower innovative startups to scale with purpose and impact. We manage over $90M in AUM across more than 300 investments in seven countries. By investing early in Pre-Seed to Pre-Series A rounds, we help founders cover initial costs, develop their product, and take it to market. This early capital acts as a launchpad, enabling startups to hit key milestones like securing first customers, attracting follow-on funding, and making significant strides forward.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Pre-Seed, Seed, Non-Equity Assistance
  • Geography: Egypt, United Arab Emirates, Saudi Arabia

Investor stats

  • Total investments: 374
  • Round size: Seed $15k–$1.1M; Pre-Seed $49k–$650k
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — raised $95M in 2023

Portfolio highlights

  • Vrtx — Enabling entities to launch fintech products with embedded finance
  • Makan Home — SHEN168 adalah situs toto togel online yang terpercaya, menawarkan pengalaman bermain yang aman dan menyenangkan bagi para penggemar togel online.
  • MyAlice — The modern customer service and social selling platform. Support anytime and sell anywhere with all your messages, orders, and agents in one place.
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Saudi Venture Capital Company
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Enterprise Software startups

SVC has backed 31 VC and PE Funds and 5 Angel Groups that supported 525 Startups and SMEs via $1.6 Billion AUM INVESTMENTS 1.

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Investment focus

  • Industry: E-Commerce, Software, FinTech
  • Stage:Seed, Series A, Series B
  • Geography: Saudi Arabia, Germany, United States

Investor stats

  • Total investments: 36
  • Round size: Seed $300k–$10M; Series A $1.1M–$27M; Series B $5M–$124M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Erad — erad provides growth capital to online businesses. Connect your analytics and receive funding offers, for non-dilutive capital within 48 hours
  • Salasa — End-to-End eCommerce Logistics to Scale Your BusinessWe store, pack, and deliver your products to happy customers anywhere on Earth.
  • Stitch — The simplest way to build financial products. Stitch is the unified platform to launch and scale. Shaping the new age of banking and payments.
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Zain Ventures
VC Fund · Kuwait, Al Kuwayt, Kuwait · 1 investments in Saudi Arabia Enterprise Software startups

Zain Ventures is a corporate venture capital arm of Zain Group.

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Investment focus

  • Industry: Software, Artificial Intelligence
  • Stage:Series A
  • Geography: Saudi Arabia, United States

Investor stats

  • Total investments: 4
  • Round size: Series A $20M–$40M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Swvl — Swvl | Book Your Daily Ride or Make Money Driving Now
  • Intelmatix — Intelligent Informatics Technologies Intelmatix is a deep tech AI company offering Enterprise AI that is accessible providing cutting-edge Decision Intelligence software that gives organizations a competitive advantage in the new AI era. LEARN MORE Capabilities Intelmatix develops technology platforms that integrate sector knowledge with expertise in data sensing, data processing, data analysis, data visualization and interaction.
  • Articul8 — The Domain-Specific GenAI Platform, Purpose-Built for Your Data and Mission
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Iliad Partners
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Saudi Arabia Enterprise Software startups

Iliad Partners is a venture capital firm based in Dubai that helps founders in MENA turn startups into successful high-growth companies. Join our epic journey.

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Investment focus

  • Industry: Logistics, Information Technology, B2B
  • Stage:Seed, Series A, Convertible Note
  • Geography: United Arab Emirates, Saudi Arabia

Investor stats

  • Total investments: 9
  • Round size: Seed $6.5M–$65M; Series A $8M–$23M; Convertible Note $4M–$10M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely actively investing — fresh fund, raised $50M in 2024

Portfolio highlights

  • Comfi.ai — Unlock B2B Growth in MENA: Streamline Payments & Offer Credit with Comfi BNPL
  • OTO — OTO is SaaS company that helps retailers implement their Omni-Channel strategy by enabling them to ship their online orders directly from the physical stores with the best delivery partners in just 2 hours! Also, we provide Online Retailers and E-commerce companies access to ship packages with more than 80 delivery & carrier companies shipping domestically and internationally.
  • Penny Software — Penny AI is an enterprise Procurement AI system that streamlines RFXs, POs, approvals, suppliers and payments in one source-to-pay system. Book a demo.
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Isometry Capital
VC Fund · Nyack, New York, United States · 1 investments in Saudi Arabia Enterprise Software startups

Isometry Capital is a next-generation asset management company. Our multidisciplinary approach to global markets paired with advanced technology means we can spot and seize on opportunities often unreachable to others. And act.

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Investment focus

  • Industry: Payments, Information Technology, Software
  • Stage:Seed, Series B
  • Geography: Saudi Arabia

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Hala — Hala offers a payment and wallet solution for individuals and point-of-sale (PoS) services that enable merchants to accept credit card payments.
  • Soum — ‍Soum is reimagining recommence in the MENA region and beyond by building the most convenient, trustworthy, and transparent recommence marketplace, starting with consumer electronics in Saudi Arabia.
  • Yalla Plus — Yalla Plus offers QR-based digital menu solutions for restaurants, featuring integrated payments and easy menu management.
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Al Tuwaijri Fund
VC Fund · 1 investments in Saudi Arabia Enterprise Software startups

Al Tuwaijri Fund is a venture capital fund.

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Investment focus

  • Industry: Logistics, E-Commerce, B2B
  • Stage:Seed
  • Geography: Egypt, Saudi Arabia

Investor stats

  • Total investments: 3
  • Round size: Seed $1.2M–$6.5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • VOO — VOO helps SMEs to increase their delivery success rate by providing one platform to manage deliveries , one API integration which connect businesses to a large network of national and international shipping providers , we are "Your E-Commerce Growth Partner"
  • SIDEUP — SIDEUP provides you with all the necessary tools to grow your business through a hassle-free experience from local and global logistics support, storage services, and innovative and real-time dashboards.
  • Penny Software — Penny AI is an enterprise Procurement AI system that streamlines RFXs, POs, approvals, suppliers and payments in one source-to-pay system. Book a demo.
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Dallah Investment
VC Fund · Jeddah, Makkah, Saudi Arabia · 1 investments in Saudi Arabia Enterprise Software startups

A diversified investment company that manages multi-billions worth of assets in Saudi Arabia and across the globe. Our investment strategy focuses on public equities, local direct investments and alternative assets.

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Investment focus

  • Industry: Apps, SaaS, Internet
  • Stage:Private Equity, Seed
  • Geography: Saudi Arabia, Egypt, India

Investor stats

  • Total investments: 11
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Aanaab — Aanaab offers online courses in Arabic for teachers and educators to help them improve their skills in different areas including self-development, educational strategies, education techniques, and educational tools and techniques.
  • Yodawy — Yodawy is an online pharmacy and insurtech startup that allows customers to order pharmaceuticals and cosmetics via a mobile app and have those delivered through a network of 500+ pharmacies across Egypt. Insurance and copayment benefits are automatically applied with four major insurance carriers onboarded thus far and more in the pipeline.
  • Penny Software — Penny AI is an enterprise Procurement AI system that streamlines RFXs, POs, approvals, suppliers and payments in one source-to-pay system. Book a demo.
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Sanabil
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Enterprise Software startups

Sanabil Investments is a sovereign wealth fund specializing in direct and fund of funds investments. Its investments are concentrated in direct equity investments, primarily in the Kingdom, and in funds, as well as in diversified investment portfolios. These investments support the growth of the Kingdom’s economy while building internationalinvestment capability and transferring expertise to local Saudi talent.

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Investment focus

  • Industry: FinTech, E-Commerce, Artificial Intelligence
  • Stage:Pre-Seed, Series B, Series A
  • Geography: United States, Saudi Arabia, United Arab Emirates

Investor stats

  • Total investments: 68
  • Round size: Pre-Seed $100k–$5M; Series A $6.9M–$30M; Series B $1M–$157M
  • Lead/follow: 37% lead, 63% follow

Portfolio highlights

  • Qanary — Qanary is a digital second-opinion platform designed to help radiologists detect cancer at its earliest, most treatable stages.
  • 1001 AI — 1001 is the AI-powered intelligence layer helping enterprises transform decisions, orchestrate actions, and accelerate outcomes.
  • Hala — Hala offers a payment and wallet solution for individuals and point-of-sale (PoS) services that enable merchants to accept credit card payments.
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Elm
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Enterprise Software startups

Elm offer a wide range of ready-made and customized digital solutions in many areas. The company provides products that are seemingly tailored to customers' needs and aspirations.

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Investment focus

  • Industry: Artificial Intelligence, SaaS, E-Commerce
  • Stage:Seed, Series A, Series B
  • Geography: Saudi Arabia, India, Nigeria

Investor stats

  • Total investments: 20
  • Round size: Seed $2M–$7.4M; Series A $2.3M–$21M; Series B $19M–$50M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Reachware — Reachware is the top IPaaS in the Middle East, connecting systems for a unified ecosystem. Trusted by global enterprises. Learn more.
  • Syarah — Syarah is an online cars marketplaces.
  • Youverify — Youverify helps businesses and individuals confirm identity and physical addresses. Using AI, Youverify confirms a user’s identity document and compares it with their facial biometrics. This information can be cross-checked against more than 300 databases locally and globally.Youverify in partnership with over 20,000 field verification officersverifies physical addresses all over Sub-Sahara Africa in less than 48 hours.Youverify fills the gap in Africa's digital industry by providing one API for identity and physical address verification.
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Raz Group
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Enterprise Software startups

Raz Group empowers entrepreneurs and helps them transform their passions into value-adding companies.

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Investment focus

  • Industry: Events, Advertising, Media and Entertainment
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: Saudi Arabia, United Arab Emirates

Investor stats

  • Total investments: 47
  • Round size: Seed $550k–$2.5M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • Dnaneer — Dnaneer is a FinTech platform that connects online businesses with investors through crowdfunding of enterprises.
  • Ebra — Ebra is leading a new era of debt recovery in the Middle East. As the region’s first AI-powered collection company, we’re redefining how businesses recover capital, making the process smarter, faster, and built on trust. We’re setting a new standard for debt collection.
  • Myne — Myne offers a comprehensive platform for tracking, growing, and protecting assets. The platform integrates seamlessly with various financial tools to provide users with a holistic view of their wealth. Key features include net worth tracking, budgeting, investing, and estate planning. Myne ensures data security with multiple layers of encryption,making it a secure choice for managing financial well-being.
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AlRajhi Partners
VC Fund · 1 investments in Saudi Arabia Enterprise Software startups

AlRajhi Partners is a leading multi-asset class investment firm. We are prudent ethical investors with a diversified portfolio of assets across the world.

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Investment focus

  • Industry: Subscription Service, Information Technology, Apps
  • Stage:Series A, Seed
  • Geography: Saudi Arabia, United Arab Emirates, Bahrain

Investor stats

  • Total investments: 9
  • Round size: Series A $8M–$80M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • invygo — Invygo is MENA's first & largest car subscription service creating accessible mobility options through an all-inclusive monthly subscription, all in a seamless app-based experience.For consumers: we provide them access to passenger cars without any financial burdens through a customizable month-to-month subscription through a mobile appFor Dealers: through our technology, they get access to a new business model that helps them generate revenue and reduce their depreciation and operational cost The company was founded in 2018 by Eslam Hussein and Pulkit Ganjoo in Dubai, UAE.
  • Soum — ‍Soum is reimagining recommence in the MENA region and beyond by building the most convenient, trustworthy, and transparent recommence marketplace, starting with consumer electronics in Saudi Arabia.
  • Bedrock Robotics — Advanced autonomy for the built world.
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Rua Growth Fund
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Enterprise Software startups

Re-Imagining The Future: 100+ years of experience in investments to lead the next wave of tech ventures in Saudi Arabia

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Investment focus

  • Industry: Financial Services, SaaS, FinTech
  • Stage:Seed, Series A, Series B
  • Geography: Saudi Arabia, United Arab Emirates, Bahrain

Investor stats

  • Total investments: 17
  • Round size: Seed $2.3M–$15M; Series A $6M–$22M; Series B $6M–$30M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • AILA — AILA is an innovative ed-tech startup dedicated to reshaping the landscape of education by harnessing the transformative power of artificial intelligence. Its mission is to create dynamic and personalized learning experiences that cater to the unique needs of each student. By integrating advanced AI technologies, we aim to enhance educationaloutcomes, foster engagement, and empower learners to reach their full potential. Through our solutions, we seek to bridge gaps in accessibility and provide educators with the tools they need to inspire and motivate the next generation
  • Safqah Capital — Safqah Capital is an innovative fintech and proptech company headquartered in Riyadh. We specialize in structuring and distributing Sharia-compliant Sukuk for small and medium-sized real estate developers. Safqah's digital investment platform enables secure participation from both retail and institutional investors, backed by rigorous duediligence, transparency, and smart governance. Safqah operates at the intersection of technology, finance, and real estate, positioning itself as a key enabler of Vision 2030’s housing and development goals.
  • Helix Earth Technologies — Helix Earth Technologies revolutionizes liquid-gas chemistry to disrupt and decarbonize the built environment and heavy industries. With many incentives and tax credits available, the Helix products may cost $0 out-of-pocket making our devices an easy and obvious addition to rooftop HVAC systems.
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Artal Capital
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Enterprise Software startups

Artal Capital is an Investment Firm that offers Public Equities, Private Equity, Venture Capital and Real Estate Investment Services

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Investment focus

  • Industry: E-Commerce, SaaS, Travel
  • Stage:Series A, Series B, Series C
  • Geography: Saudi Arabia

Investor stats

  • Total investments: 4
  • Round size: Series C $40M–$40M
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • Salasa — End-to-End eCommerce Logistics to Scale Your BusinessWe store, pack, and deliver your products to happy customers anywhere on Earth.
  • FlyAkeed — FlyAkeed is the only app that enables you to browse fully-booked flights and waitlist to issue your ticket once your seat becomes available again.
  • Syarah — Syarah is an online cars marketplaces.
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Saudi Aramco Entrepreneurship Ventures
VC Fund · Dhahran, Ash Sharqiyah, Saudi Arabia · 1 investments in Saudi Arabia Enterprise Software startups

Wa’ed Ventures is the venture capital arm of Saudi Aramco Entrepreneurship Center (Wa’ed), established by Saudi Aramco with the vision of igniting the spirit of entrepreneurship in the Kingdom of Saudi Arabia. Wa’ed has deployed a suite of programs over the years to assist entrepreneurs in establishing, enhancing, or expanding their ventures. These programs comprise development and financial support including business incubation, coaching and training to guide and nurture entrepreneurs along different business stages, seed funding, non-collateral loans, venture capital (equity/debt) investment, and business development. These programs support the development of small- and medium-sized enterprises (SMEs) capable of localizing industries and diversifying the Kingdom’s economy. Wa’ed also collaborates and engages with key players in order to create an effective entrepreneurship ecosystem. Wa’ed aspires to provide leadership in promoting entrepreneurship to support economic growth, diversification, and social development in Saudi Arabia, in alignment with the Kingdom’s strategic thrust into moving towards a knowledge-based economy. The organization aims to turn innovative ideas into successful projects, create and support sustainable SMEs, and develop entrepreneurs into successful business owners. Wa’ed Ventures aims to fuel the growth of high potential companies, thereby promoting economic development in Saudi Arabia with job creation for Saudi nationals, technological improvement, knowledge transfer, economic diversification, and economic growth within the Kingdom. The firm focuses on seed, early, and growth-stage businesses across a diverse range of sectors including information and communication technology (ICT), energy, manufacturing, healthcare, and services – from mobile application platforms and technologies to industrial equipment manufacturing to advanced software solutions.

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Investment focus

  • Industry: Information Technology, Software, Intelligent Systems
  • Stage:Series A, Seed, Convertible Note
  • Geography: Saudi Arabia, India, Luxembourg

Investor stats

  • Total investments: 46
  • Round size: Seed $506k–$3.5M; Series A $900k–$25M; Convertible Note $480k–$33M
  • Lead/follow: 83% lead, 17% follow

Portfolio highlights

  • Ori Industries — Ori is building the AI backbone for the future, enabling teams to advance groundbreaking technology. We believe the true potential of AI will be unlocked by how seamlessly teams can access and deploy the infrastructure they need to train, serve, and scale models. As a trusted partner, Ori provides end-to-end AI infrastructure—combining powerfulGPU compute with a flexible software layer that optimizes resources. With Ori, teams can explore, build, and scale AI innovations effortlessly, transforming how software and hardware work together to drive the next wave of AI breakthroughs.
  • ELEVATUS — Elevatus is the #1 Agentic AI Hiring Operating System built for enterprise scale. Autonomous recruiting from requisition to onboarding - zero code.
  • MANAFA Capital — MANAFA is an online marketplace for investing equity into innovative, early-stage companies. It provides sophisticated investors free access to direct investment opportunities, diligence tools and industry data insights for an asset class that was previously very difficult to access. For entrepreneurs, MANAFA offers an efficient way to access anetwork of sophisticated investors as well as leading partners.
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Wa’ed Ventures
VC Fund · Dhahran, Ash Sharqiyah, Saudi Arabia · 1 investments in Saudi Arabia Enterprise Software startups, 9 in the past 12 months

Wa’ed Ventures is a $500 million venture capital fund with the aim to accelerate the development of an integrated startup ecosystem by investing in local tech-based startups and incentivizing global entrepreneurs to localize their tech innovations in the Kingdom.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Saudi Arabia, United Arab Emirates, United States

Investor stats

  • Total investments: 130
  • Round size: Seed $600k–$5.5M; Series A $2.5M–$30M; Venture - Series Unknown $25k–$1.5M
  • Lead/follow: 64% lead, 36% follow

Portfolio highlights

  • Autobia — Autobia is a B2B marketplace leveraging the data to solve the infrastructure and after-sales challenges in the automotive industry. The company bridges the gap between wholesalers and resellers by offering in-between digital, operational and logistical integrated solutions. It was founded in 2021 and is located in Dammam, Saudi Arabia.
  • OCTA — OCTA brings you the clients and runs the work behind them, from books and reconciliations to billing and close. You grow the firm without adding headcount.
  • StrikeReady — Transform security operations with Composite AI. Investigate alerts, automate SOC workflows and connect your security stack.
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Khwarizmi Ventures
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Enterprise Software startups

Khwarizmi Ventures is a venture capital firm that seeks investments in startups with a passion for algorithms. It seeks to help create their vision, as they embark on a journey together that aligns their goals to improve quality of life using technology powered by algorithms. .

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Investment focus

  • Industry: E-Commerce, FinTech, Software
  • Stage:Seed, Series A, Series B
  • Geography: Saudi Arabia, United Arab Emirates, Egypt

Investor stats

  • Total investments: 61
  • Round size: Seed $1.6M–$16M; Series A $5.5M–$37M; Series B $16M–$157M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: Likely still investing — raised $63M in 2021

Portfolio highlights

  • Erad — erad provides growth capital to online businesses. Connect your analytics and receive funding offers, for non-dilutive capital within 48 hours
  • Aya — Aya is a modest fashion e-commerce platform that strives to unite the fragmented modest fashion industry into a single discovery platform.
  • RemotePass — RemotePass makes it easy to hire, onboard & pay your global team in full compliance, giving you everything you need to support them
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Global Ventures
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Saudi Arabia Enterprise Software startups

We back global-minded, growth-stage and technology-focused founders in emerging markets and the world.

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Investment focus

  • Industry: Health Care, FinTech, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: United Arab Emirates, Egypt, United States

Investor stats

  • Total investments: 135
  • Round size: Seed $1.2M–$11M; Series A $3M–$27M; Series B $8M–$50M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: Likely still investing — raised $22M in 2023

Portfolio highlights

  • Paymob — Paymob runs millions of transactions for different business sizes across the Middle East and Africa. Start using Paymob&rsquo;s solutions and API&rsquo;s to accept and send payments for your online business now.
  • PoliCloud — PoliCloud is a cost-effective, sustainable, and independent cloud solution designed for people that desire complete control over their data.
  • Enhance Fitness — Enhance Fitness is a fitness and wellness company that provides personal training services through a mobile and web-based platform. The company connects users with certified trainers for one-on-one fitness sessions conducted at home, gyms, outdoor locations, or partner facilities. Its platform supports booking management, trainer matching, workouttracking, nutrition guidance, and progress monitoring. Enhance Fitness operates primarily in the Gulf region, including the UAE, Saudi Arabia, Bahrain, and Qatar, and also develops software tools for fitness businesses through its Enhance Tech platform..
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Knollwood Investment Advisory
VC Fund · Hunt Valley, Maryland, United States · 1 investments in Saudi Arabia Enterprise Software startups

Knollwood Investment Advisory is focused on financing companies in the internet security sector.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: United States, United Arab Emirates, South Korea

Investor stats

  • Total investments: 57
  • Round size: Seed $2M–$7M; Series A $8M–$33M; Series B $7M–$50M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Cercli — Cercli is a human resources, modern payroll and employee data platform for the Middle East and North Africa (MENA).
  • Zafran Security — Zafran Risk Mitigation Platform defuses threat exploitation by mobilizing existing security tools
  • Polaris Electro-Optics — Polaris Electro-Optics empowers integrated photonics for communications and computation.
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9Yards Capital
VC Fund · San Francisco, California, United States · 1 investments in Saudi Arabia Enterprise Software startups

Growth-stage venture capital.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Series A, Series B, Seed
  • Geography: United States, United Kingdom, Ireland

Investor stats

  • Total investments: 141
  • Round size: Seed $1.5M–$17M; Series A $7.2M–$35M; Series B $17M–$130M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: Likely actively investing — fresh fund, raised $50M in 2026

Portfolio highlights

  • Calibre — Calibre is a modern UK certification body helping tech companies get ISO 27001 certified without derailing the roadmap.
  • Wonderful — AI for the Bold Enterprise
  • Soctera — Soctera is developing the next generation of mm-wave electronics
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Enterprise Software VC funding in Saudi Arabia at a glance

Stats across 17 deals from 33 investors.

33
investors
in Saudi Arabia Enterprise Software startups
17
deals
in Saudi Arabia Enterprise Software startups
$5M
median round
in Saudi Arabia Enterprise Software startups
45%
lead investors
lead at least one round
59%
Seed
most common funding stage

Access all 33 VC funds in Saudi Arabia Enterprise Software startups.

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