Top 20 Enterprise Software VC (Venture Capital) Funds in Saudi Arabia in May 2026

Portfolio highlights

• Strataphy — Strataphy offers geothermal cooling via a service model for buildings, industry, data centers, and aquaculture.
• Grove — Grove is a Riyadh-based company building technology for freshness in the fresh-produce sector. Grove connects farms, markets, and households through an integrated, demand-driven operating system that coordinates planning, quality, logistics, and service as one loop. Demand signals from multiple channels are unified to guide upstream decisions andensure every grade of produce has an optimal path to market. Quality is treated as a managed process across the chain—not a final inspection—so produce reaches consumers ripe, flavorful, and reliable.
• Vault Wealth — Discover the range of private wealth management services with personalized wealth planning from Vault, a certified private wealth advisor in Dubai & UAE. A secure digital wealth platform trusted by professionals.

Portfolio highlights

• PAYZE — PAYZE is a tech-enabled API-based payment gateway that instantly onboards online merchants and provides online marketplaces capability to define any number of relevant split schemes. PAYZE provides an environment for online marketplaces to define payment split schemes once and never again worry about additional accounting or risks with taxes. This“automated ecosystem” enables marketplaces to scale their products without worrying about a settlement between all actors on their platforms nor checks from relevant tax authorities.
• Telda — The easiest way to send, spend and save money. Open your account for free directly from your phone and start dealing with your money the easy way
• Moove — Moove is a mobility fintech that provides revenue-based vehicle financing to mobility entrepreneurs, democratizing vehicle ownership across Africa. The company embeds its alternative credit-scoring technology onto ride-hailing, logistics, and last-mile/instant delivery platforms, which allows access to proprietary performance and revenueanalytics of mobility entrepreneurs to underwrite loans.

Portfolio highlights

• qeen.ai — qeen.ai is a GenAI native platform that enables autonomous AI to e-commerce firms of all sizes.
• BloomPath — Purpose-built AI for your organization's workflows. Embedded in your systems. Fine-tuned to your processes. Deployed inside your environment.
• Penny Software — Penny is a Procurement AI platform for enterprises that streamlines RFQs, POs, approvals, and payments in one unified source-to-pay system.

Portfolio highlights

• BARQ — BARQ enables bullet delivery for any business. From e-commerce to food, e-groceries and various sectors, BARQ utilizes its state-of-the-art delivery technologies to deliver orders as fast as 15 minutes up to same day delivery service.BARQ converts retail outlets to micro-fulfilment centers/dispatching hubs making delivery faster &easier. Once a customer places an order through the business platform, order gets fulfilled by the closest retail outlet and delivered to the customer once ready for pick up (bullet delivery).BARQ also serves warehouses and fulfillment centers with several delivery options, 4hrs up to same day or next day, depending on the business’ need. While restaurants and food aggregators enjoy 30-45 minute delivery service & paying a delivery fee ONLY.
• 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

Portfolio highlights

• Coraly — Coraly is a real estate growth platform that unifies listings, leads, transactions, marketing, and compliance in one AI-powered system for agents and teams.
• Qanooni — Qanooni is a legal technology company offering an AI-powered platform designed specifically for lawyers and legal professionals.
• Valeo — Get your lab tests done at the comfort of your home anywhere in Dubai through our personalized mobile health tracker app. Hassle-free blood sample collection.Wellness coach provided.

Portfolio highlights

• Corgea — Corgea finds, triages, and fixes vulnerabilities across code, packages, infrastructure, and containers.
• Triple-A — TripleA helps businesses increase their revenue by enabling crypto payments and payouts, leveraging on the fast-growing 300m+ people using cryptocurrencies.With its white-label, easy setup, instant confirmation, locked-in exchange rate, real-time fiat conversion, and no chargeback crypto payment solution, TripleA meets the needs of e-commercemerchants, retailers, game providers, PSPs, fintech, and marketplaces.TripleA was founded in Singapore in 2017 by Eric Barbier, a repeat entrepreneur in FinTech. The company is licensed by MAS, the Monetary Authority of Singapore (Singapore's Central Bank), allowing partners to operate in a fully compliant and regulated environment.
• Octane — Octane is a digital wallet for vehicles that streamlines payments for all vehicle related expenses.

Portfolio highlights

• Zension — Zension is a subscription e-commerce company for consumer tech. Each and every day, we set out to create a new standard for connectivity and access to the best technology tools for all.
• PoliCloud — PoliCloud is a cost-effective, sustainable, and independent cloud solution designed for people that desire complete control over their data.
• Valeo — Get your lab tests done at the comfort of your home anywhere in Dubai through our personalized mobile health tracker app. Hassle-free blood sample collection.Wellness coach provided.

Portfolio highlights

• Calo — Analyze your nutritional needs and subscribe to a convenient meal plan that's designed for you in under 2 minutes.
• Buildnow — BuildNow is MENAP's first "Build Now Pay Later" solution. We fund the raw materials construction & manufacturing SMEs need, while providing credit terms tailored to optimize their cash flow and supercharge their growth.
• Mala'a Technologies — Make better financial decisions with Malaa. Manage your financials, track your expenses, take a loan or invest your money all from one app. Connect you bank accounts and start today

Portfolio highlights

• SingleStore — SingleStore is a provider of a database for operational analytics and cloud-native applications. It provides global enterprises with an intelligent database that works on any cloud on-premises or as a service runs transactions and analytics at the same time and lets clients promote their business through analytics and combine semi-structured datainto a consolidated big data platform.
• 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.
• HNDL Fleet Management — HNDL Fleet Management offers advanced tools to track fuel usage, reduce costs, and streamline maintenance. Improve your fleet's efficiency with real-time insights.

Portfolio highlights

• Mamo — Experience the ease of sending and receiving money with Mamo. No beneficiaries. No fees. No IBANs. Money is made for living. Move your money, at your pace.
• 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.
• 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.

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.

Portfolio highlights

• Penny Software — Penny is a Procurement AI platform for enterprises that streamlines RFQs, POs, approvals, and payments in one unified source-to-pay system.

Portfolio highlights

• 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.

Portfolio highlights

• Hazen.ai — Enhance safety with our AI-powered camera, providing real-time monitoring and precise violation detection. This technology empowers authorities to enforce traffic laws effectively, ensuring safer roads for all.
• FalconViz — FalconViz is a Saudi registered company focused on 3D surveying and mapping by Unmanned Aerial Systems (UAS) with autonomous integration of planes, copters and 3D software solutions.
• UnitX — Automate inspection in-line for better yield

Portfolio highlights

• Qashio — Qashio is a spend management platform that allows people to monitor costs, make payments with app credit cards, and handle payables. Founded in 2021 and is based in Dubai.
• 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 is a Procurement AI platform for enterprises that streamlines RFQs, POs, approvals, and payments in one unified source-to-pay system.

Portfolio highlights

• 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 is a Procurement AI platform for enterprises that streamlines RFQs, POs, approvals, and payments in one unified source-to-pay system.

Portfolio highlights

• Cargoz — Cargoz is a logistics startup that connects SMEs looking for warehousing space with warehousing companies who has extra capacity, like Airbnb but for commercial warehousing & storage.
• 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.
• Dnaneer — Dnaneer is a FinTech platform that connects online businesses with investors through crowdfunding of enterprises.

Portfolio highlights

• Penny Software — Penny is a Procurement AI platform for enterprises that streamlines RFQs, POs, approvals, and payments in one unified source-to-pay system.

Portfolio highlights

• Fahy Studios — Fahy Studios is game development studio.
• Khosouf Studio — Khosouf Studio is a game development studio that develops games for PC, VR, Xbox, and Nintendo Switch.
• Starvania Studio — Starvania Studio is an indie game development studio developing fantasy games inspired by Arabian Mythology.

Portfolio highlights

• Yalla Plus — Yalla Plus offers QR-based digital menu solutions for restaurants, featuring integrated payments and easy menu management.