Top 10 Finance Angel Investors in Saudi Arabia (July 2026)

Jake Seid is based out of San Mateo, California and is the Co-Founder and General Partner of Ballistic Ventures. Jake previously worked at Ten-X as an Advisory Board Member. Jake Seid attended Massachusetts Institute of Technology. He has a unique combination of operating and investing experience, which supports founders as they grow theirbusinesses. Previously, as sole founder of Stone Bridge Ventures, 12 of his early-stage investments grew to become unicorn companies. Prior to that, he was president of TenX/Auction. With 800 people in his reporting org, he grew the real estate-focused transactional online marketplace to be the industry’s leading platform. The company was acquired for $1.6B. Jake started his tenure in venture capital as a member of the team that launched Lightspeed Venture Partners and became a key Managing Director helping drive the firm’s early growth. Early on, he was a Cisco product lead for the team that commercialized broadband technology, helping the group grow from startup to a $1B revenue run rate in 2 years and drove many important cybersecurity-focused innovations into his products. He holds an BS in Electrical Engineering and an M.Eng in Electrical Engineering and Computer Science from MIT. At MIT, he was awarded the Karly Taylor Compton Prize, the highest honor given to a student. He is a long-serving board member of the MIT Club of Northern California. In 2009, he was named a Young Global Leader by the World Economic Forum.

Investment focus

Industry: Software, Cyber Security, Information Technology
Stage:Seed, Series A, Series B
Geography: United States, Israel, Saudi Arabia

Investor stats

Total investments: 33
Round size: Seed $2.8M–$17M; Series A $7M–$100M; Series B $5M–$100M
Lead/follow: 18% lead, 82% follow

Portfolio highlights

Bolt — Bolt makes Ecommerce better with One-Click Checkout and CheckoutOS. See how Bolt checkout boosts your sales today.
Rattle — Sales automation for scaling teams. Learn how revenue leaders use Rattle to effortlessly update Salesforce, improve pipeline accuracy and skyrocket their success.
Ribbon Home — Ribbon provides all-cash offers and powerful software solutions for agents.

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In the year 2000 Samih founded and became the CEO of Maktoob.com the world’s first Arabic email and largest Arab Online community. In 2005 Samih cofounded Souq.com, the Arab Worlds largest ecommerce site. In 2009 Maktoob was acquired by Yahoo! and in 2017 Souq.com was acquired by Amazon in the largest technology acquisition deals in the history ofthe region.Samih is currently the Chairman of Jabbar Internet Group (Jabbar.com). Jabbar today is one of the leading investors in Internet and technology companies in the region.

Investment focus

Industry: Financial Services, FinTech, Finance
Stage:Seed, Series A
Geography: United Arab Emirates, United States, Jordan

Investor stats

Total investments: 20
Round size: Seed $500k–$6M; Series A $1.5M–$7.1M
Lead/follow: 10% lead, 90% follow

Portfolio highlights

Kitchenful — Kitchenful is an app for personalized recommendations of recipes, which gets users the ingredients delivered from their local supermarket. Kitchenful's algorithm always suggests the most popular recipes that are 40% cheaper than meal kits.
Mealplanet — Mealplanet is an online marketplace for ordering and managing meal plans from various providers.
Jusoor Labs — Jusoor Labs is an edtech startup that provides interactive simulations and virtual labs for students and educational institutions.

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Jason Gardner is the Founder, Executive Chairman of Marqeta. He previously worked at MoneyGram International as a Vice President of PropertyBridge. Jason Gardner attended Arizona State University.

Investment focus

Industry: FinTech, Financial Services, Payments
Stage:Seed, Series A, Series C
Geography: United States, Saudi Arabia, The Netherlands

Investor stats

Total investments: 10
Round size: Seed $5.2M–$60M; Series A $3M–$17M
Lead/follow: 0% lead, 100% follow

Portfolio highlights

MoneyHash — Emerging and Global markets first all-in-one flexible payment orchestration and revenue operations platform that covers all of your payment needs. We help you build, optimize, and scale your payment infrastructure at any stage of growth.
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.
ClearGrid — Revolutionize your debt recovery with AI and advanced analytics. Our platform delivers faster, more personalized collections that benefit both your business and your customers.

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Abdulmohsen Abdulmalik Al-Sheikh is the Founder at Save Our Seas Foundation.

Investment focus

Industry: Apps, FinTech, Finance
Stage:Seed
Geography: Saudi Arabia

Investor stats

Total investments: 1
Lead/follow: 0% lead, 100% follow

Portfolio highlights

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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Angel Investor

Investment focus

Industry: AgTech, Mobile, FinTech
Stage:Seed, Pre-Seed, Series A
Geography: Egypt, Saudi Arabia, United Kingdom

Investor stats

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

Portfolio highlights

Lean Technologies — Lean provides the Data and Payments tools to empower MENA's next generation of financial products | Trusted by Etisalat, Hubpay, Lulu Finance, Binance, Sarwa and more.
awfar — Awfar Market is the first online platform for supermarket and Grocery Stores in MENA Region, providing users with the ability to choose their favorite supermarket chain and shop for groceries, also comparing and viewing products nutrition information and picking appropriate delivery time & method of payment. Awfar Market provided the deliveryy service in the most safe and hygienic way through Through our Cloud Sourcing Delivery Application, Delivery Rep ( with their cars ) using our Application to pickup order and deliver to customer GPS Location, which is equipped with the required tools to keep your groceries safe, cool and fresh.- Vision Our Vision to be a leader in the e-commerce Sector In Middle east Through building a new shopping experience matching with culture of Middle East customers and satisfy their needs.- Mission: We are on a mission to virtualize the businesses around the Arab world
Quantas Labs — Quantas Labs is redefining the landscape of geoscience with its AI-driven Erosion Impact Predictor, a game changer in environmental tech innovation. Integrating AI, statistical modelling, and GIS insights, our platform analyses erosion patterns across diverse terrains. Tackling the pressing global challenge of soil erosion, where 24 billion tons offertile soil are annually, we promote sustainable land management strategies with data-driven precision.

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Michael Ovitz co-founded Creative Artists Agency (CAA) in 1974 and served as its Chairman until 1995. Over that 20-year period, he grew the agency from a start-up organization to the world’s leading talent agency, representing more than 1,000 of the most notable actors, directors, musicians, screenwriters and other personalities in theentertainment industry including Martin Scorsese, Sean Connery, Robert Redford, Paul Newman, Robert DeNiro, Al Pacino, Bill Murray, Dustin Hoffman, Steven Spielberg, David Letterman, Meryl Streep, Barbara Streisand, Michael Crichton and Michael Jackson. In his journey from the mailroom to media mogul, Mr. Ovitz launched the most powerful agency in the world (to date), sold three major Hollywood studios, executed all marketing and advertising for The Coca-Cola Company (including creating the Polar Bear Campaign) and was at the forefront of the digital revolution, making alliances with Intel Corporation and other early Silicon Valley companies. Mr. Ovitz also served as President of the Walt Disney Company, from October 1995 to January 1997. In 2010, Mr. Ovitz founded the venture capital fund Broad Beach Ventures LLC, a portfolio of over thirty companies. He has been a senior advisor to Palantir Technologies for over 10 years and has invested in and advised companies from startups to black swans. He was instrumental in the creation of venture capital firm Andreessen Horowitz and frequently consults for Founders Fund, 8VC and many other firms. In 2018, Mr. Ovitz wrote and published his memoir Who Is Michael Ovitz?, which was on the long list for The Financial Times and McKinsey Business Book of the Year Award. Mr. Ovitz is a graduate of University of California, Los Angeles and helped rebuild the UCLA Medical Center in 1997 while serving as its Chairman for over a decade. Mr. Ovitz is also a notable art collector and serves on The Board of Trustees at The Museum of Modern Art in New York City.

Investment focus

Industry: Software, Internet, Artificial Intelligence
Stage:Series A, Series B, Seed
Geography: United States, United Kingdom, Saudi Arabia

Investor stats

Total investments: 67
Round size: Seed $2.3M–$30M; Series A $9.6M–$60M; Series B $18M–$115M
Lead/follow: 0% lead, 100% follow

Portfolio highlights

Socket — Socket fights vulnerabilities and provides visibility, defense-in-depth, and proactive supply chain protection for JavaScript, Python, and Go dependencies.
Isara Laboratories — Isara Laboratories operates as an artificial intelligence startup.
Black Forest Labs — Black Forest Labs creates advanced generative deep learning models for images and videos. They focus on making these technologies widely accessible and transparent, ensuring that their innovations are easy to use and understand. This approach aims to democratize access to cutting-edge technology and foster greater trust and utility.

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Immelt has held several global leadership positions since coming to GE in 1982, including roles in GE's Plastics, Appliances, and Healthcare businesses. In 1989 he became an officer of GE and joined the GE Capital Board in 1997.Immelt has been named one of the World's Best CEOs three times by Barron's, and since he began servingas chief executive officer, GE has been named America's Most Admired Company in a poll conducted by Fortunemagazine and one of The World's Most Respected Companies in polls by Barron's and the Financial Times.Immelt was the chair of President Obama's Council on Jobs and Competitiveness. He is a member of The American Academy of Arts & Sciences.Immelt earned a B.A. degree in applied mathematics from Dartmouth College in 1978 and an M.B.A. from Harvard University in 1982. He and his wife have one daughter.

Investment focus

Industry: Software, Information Technology, Hardware
Stage:Series A, Seed, Series B
Geography: United States, Saudi Arabia

Investor stats

Total investments: 14
Round size: Seed $1M–$7.5M; Series A $3M–$33M; Series B $28M–$36M
Lead/follow: 29% lead, 71% follow

Portfolio highlights

MaintainX — MaintainX helps you track your reactive maintenance, preventive maintenance, and control the daily operations of your business. Get started for Free!
Rx Redefined — Rx Redefined is a medical logistics platform that allows physicians to extend services to patients who require specific medical products. The company was founded in 2018 by Brandon Boots and Erik Smith and is headquartered in Oakland, California, United States.
Next Power 360 — NextPower360 offers the most advanced generator in the world for variable input and output applications such as wind power and electric vehicles.

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Co-founder of Shapers. Previously Partner at Hedosophia.

Investment focus

Industry: FinTech, Financial Services, Software
Stage:Seed, Series A, Pre-Seed
Geography: United Kingdom, Germany, United States

Investor stats

Total investments: 59
Round size: Seed $2.5M–$17M; Pre-Seed $125k–$7.4M; Series A $8.8M–$35M
Lead/follow: 0% lead, 100% follow

Portfolio highlights

Palm — AI-powered cash forecasting that sits on top of your TMS/ERP. Go live in weeks
Kontigo — We help underbanked gig workers in Latam build credit and access group financing where small groups of family or friends lend and save money together. Users can validate their income from multiple sources such as gig apps, catalog sales, and open finance (Uber, Rappi, Didi, Indriver, Avon, and all major banks). After verifying the income wedirectly offer them group savings and group loans, without leaving WhatsApp, their primary messaging app.
Keyring Network — Blockchain compliance solutions for the financial sector.

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Henrique Dubugras is the co-founder and Chairman of Brex. A Brazilian entrepreneur, Henrique built payments company Pagar.me — the Stripe of Brazil — when he was sixteen years old. In just three years, Pagar.me grew to $1.5 billion in the volume of transactions processed. In the fall of 2016, Henrique sold Pagar.me and enrolled at StanfordUniversity. After eight months, he left school and founded Brex, which raised $215M in funding across three rounds in its first 22 months and was the fastest U.S. business-to-business company to be valued at over $1bn.

Investment focus

Industry: Software, Financial Services, SaaS
Stage:Seed, Series A, Pre-Seed
Geography: United States, Brazil, Saudi Arabia

Investor stats

Total investments: 14
Round size: Seed $1.1M–$14M; Series A $33M–$225M
Lead/follow: 0% lead, 100% follow

Portfolio highlights

Parcha AI — Parcha is an AI-powered enterprise software that enables businesses to automate their scale compliance and operations.
Fundamental — Fundamental is an AI research company that focuses on overcoming the fundamental challenges of machine learning in large-scale tabular systems.
Portal — One integration opens the entire world of Web3 to your users. DeFi, games, NFTs, and more.

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