# Abdulla Elyas

> Abdulla Elyas is a seed investor at Careem (Jeddah) backing FinTech, SaaS and Credit. See 7 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Careem](https://shizune.co/investors/profile/careem)
- Location: Jeddah, Saudi Arabia
- Total investments: 7
- Last investment: Jan 2026
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/abdullaelyas/
- X (Twitter): https://twitter.com/abdulla_elyas?lang=en
- Website: https://www.xing.com/profile/Abdulla_Elyas
- Facebook: https://www.facebook.com/abdulla.elyas

Abdulla Elyas is a seed investor at Careem in Jeddah focused on FinTech and SaaS. Abdulla Nadeem Elyas is based out of Saudi Arabia and is the Co-Founder and Chief Privacy Officer of Careem. Abdulla previously worked at enwani as a Co-Founder. Abdulla Nadeem Elyas attended the RWTH Aachen University.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $4M–$12M |
| Pre-Seed | $400k–$1.1M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| FinTech | 2 | 29% |
| SaaS | 1 | 14% |
| Credit | 1 | 14% |
| EdTech | 1 | 14% |
| Finance | 1 | 14% |

18 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 3 | 43% |
| Pre-Seed | 2 | 29% |
| Series A | 1 | 14% |
| Debt Financing | 1 | 14% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Saudi Arabia | 4 | 57% |
| United Arab Emirates | 2 | 29% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Madeed | Madeed is a privately held company that works in the facilities and health care distribution industry. | $400K | Pre-Seed | Jan 13, 2026 |  |
| Stream | Stream is a company that helps make payments simpler, faster, and reliable. | $4M | Seed | Nov 02, 2025 |  |
| 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. | $2.9M | Debt Financing | Mar 05, 2024 |  |
| 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. | $6.5M | Seed | Mar 05, 2024 |  |
| Pemo | Pemo is an all-in-one spend management solution that empowers your business by packing every company invoice, expense, approval and spending decision into one powerful platform.Our offering includes smart corporate cards, invoice payment systems and expense tracking functions. These are supported by automated approval flows, direct accountingintegration and real-time reporting - features that allow business owners to save time, save money, automate admin and every expense so you can get on with what you do best - building great businesses. | $12M | Seed | May 18, 2022 |  |
| Baraka | baraka is an investment app, founded in the UAE. It empowers people to become confident investors by providing educational content, digestible market news and in-depth stock analysis. Access to thousands of stocks and ETFs creates the freedom to explore new opportunities. baraka’s mission: to give everyone access to the markets, and empowereveryone to invest. It’s what they call: investing. empowered. | $1.1M | Pre-Seed | Mar 11, 2021 |  |
| Noon Academy | Noon (Noon Academy previously) is a social learning platform making learning a more joyful, collaborative, and innovative experience. We believe technology and great people are what make Noon Academy so successful and a unique platform for social learning. Loved by 10+ million students across 8 countries, we’re a diverse team of people rooted indifferent backgrounds but sharing the same vision and passion. Our goals is to impact 50 million students by 2023. | $8.6M | Series A | Jun 27, 2019 |  |

7 of 7 investments shown.

## Co-investors
- [Raed Ventures](https://shizune.co/investors/profile/raed-ventures) — VC Fund, 3 deals together
- [Khwarizmi Ventures](https://shizune.co/investors/profile/khwarizmi-ventures) — VC Fund, 2 deals together
- [Outliers Venture Capital](https://shizune.co/investors/profile/outliers-venture-capital) — VC Fund, 2 deals together
- [The Community Fund](https://shizune.co/investors/profile/the-community-fund) — VC Fund, 2 deals together
- [VentureSouq](https://shizune.co/investors/profile/venturesouq) — VC Fund, 2 deals together
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund, 1 deal together

## About Careem

VC Fund · Dubai, United Arab Emirates

Careem operates a car booking platform that connects passengers with local drivers. The company's platform provides a marketplace of community drivers where passengers can request a ride in minutes, see the cost, and have it charged to their credit card of choice, giving passengers access to affordable and advantageous transportation.

5 contacts available at Careem.

| Name | Title | Profile |
| --- | --- | --- |
| Abdulla Elyas | Co-founder and CPO/ MD | https://shizune.co/investors/profile/abdulla-elyas |
| Ahmed Kamal | Lead MTS - Machine Learning Platform | https://shizune.co/investors/profile/ahmed-kamal-bad2 |
| Karl Olsson | Founder and Managing Director | https://shizune.co/investors/profile/magnus-olsson |
| Madiha Sattar | VP, Careem Pay | https://shizune.co/investors/profile/madiha-sattar |
| Mahmoud Khaled | Head of Mobility Client Side Engineering | https://shizune.co/investors/profile/mahmoud-khaled |

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## FAQ

### What does Abdulla Elyas invest in?

Abdulla Elyas invests primarily in FinTech, SaaS and Credit startups, most often at Seed and Pre-Seed stage. Most of the 7 investments tracked by Shizune back companies in Saudi Arabia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Abdulla Elyas's check size?

Abdulla Elyas typically joins rounds of $4M–$12M at Seed and $400k–$1.1M at Pre-Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Abdulla Elyas participates in.

### When did Abdulla Elyas last invest?

The most recent investment recorded for Abdulla Elyas closed in Jan 2026. Shizune tracks 7 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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