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

## Outliers Venture Capital
- Type: VC Fund
- Location: Menlo Park, California, United States
- Relevant deals: 3
- Stages: Seed, Series A, Pre-Seed
- Focus: E-Commerce, Software, Financial Services

Backing outlier founders who build different.

## Wamda Capital
- Type: VC Fund
- Location: Dubai, Dubai, United Arab Emirates
- Relevant deals: 3
- Stages: Seed, Series A, Series B
- Focus: E-Commerce, Software, Financial Services

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.

## Class 5 Global
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 3
- Stages: Seed, Pre-Seed, Series A
- Focus: FinTech, Financial Services, E-Commerce

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

## Shorooq Partners
- Type: VC Fund
- Location: Abu Dhabi, Abu Dhabi, United Arab Emirates
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: Financial Services, FinTech, E-Commerce

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

## otf Jasoor Ventures
- Type: VC Fund
- Location: Muscat, Masqat, Oman
- Relevant deals: 2
- Stages: Seed, Series A, Series B
- Focus: Logistics, B2B, FinTech

otf Jasoor Ventures is an early stage VC fund that invests in tech and tech-enabled startups in the MENA region

## Oryx Fund
- Type: VC Fund
- Location: Abu Dhabi, Abu Dhabi, United Arab Emirates
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, SaaS, FinTech

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.

## Iliad Partners
- Type: VC Fund
- Location: Dubai, Dubai, United Arab Emirates
- Relevant deals: 1
- Stages: Seed, Series A, Convertible Note
- Focus: Logistics, B2B, FinTech

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.

## Merak Capital
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Gaming, Software, Financial Services

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

## Isometry Capital
- Type: VC Fund
- Location: Nyack, New York, United States
- Relevant deals: 1
- Stages: Seed
- Focus: Payments, Software, Enterprise Software

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.

## Knollwood Investment Advisory
- Type: VC Fund
- Location: Hunt Valley, Maryland, United States
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: Software, E-Commerce, Information Technology

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

## Saudi Aramco Entrepreneurship Ventures
- Type: VC Fund
- Location: Dhahran, Ash Sharqiyah, Saudi Arabia
- Relevant deals: 1
- Stages: Series A, Seed
- Focus: Information Technology, Software, Apps

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. Theseprograms 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.

## Global Ventures
- Type: VC Fund
- Location: Dubai, Dubai, United Arab Emirates
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Health Care, FinTech, Financial Services

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

## Dallah Investment
- Type: VC Fund
- Location: Jeddah, Makkah, Saudi Arabia
- Relevant deals: 1
- Stages: Seed
- Focus: B2B, SaaS, Software

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.

## Artal Capital
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 1
- Stages: Series A
- Focus: SaaS, Travel, Travel Agency

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

## Wa’ed Ventures
- Type: VC Fund
- Location: Dhahran, Ash Sharqiyah, Saudi Arabia
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, Information Technology, Artificial Intelligence

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.

## Al Tuwaijri Fund
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: Payments, Shipping, Logistics

Al Tuwaijri Fund is a venture capital fund.

## Raz Group
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 1
- Stages: Seed, Convertible Note
- Focus: Events, Advertising, Media and Entertainment

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

## GSI Ventures
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: B2B, SaaS, Software

GSI Ventures is the investment firm.

## Khwarizmi Ventures
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, E-Commerce, FinTech

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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## Sanabil
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 1
- Stages: Pre-Seed, Series B, Series A
- Focus: FinTech, E-Commerce, Artificial Intelligence

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.
