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Abdullah Altamami, Founding Partner & CEO at Merak Capital

Abdullah Altamami

Founding Partner & CEO @ Merak Capital

Abdullah Altamami is a seed investor at Merak Capital focused on FinTech and Mobile. Abdullah Altamami

Total investments:
14
Last investment:
Lead investor:
71%

Last updated:

Industries Abdullah Altamami invests in

FinTechMobileInternetPaymentsSoftware

Stages Abdullah Altamami invests in

SeedSeries AVenture - Series Unknown

Countries Abdullah Altamami invests in

Saudi ArabiaUnited Arab Emirates

Contacts

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Personal email
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Personal phone
Socials

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Investment Focus

Industry

  • FinTech 5 (36%)
  • Mobile 2 (14%)
  • Internet 2 (14%)
  • Payments 2 (14%)
  • Software 2 (14%)
See all 40 industries →

Stage

  • Seed 7 (50%)
  • Series A 5 (36%)
  • Venture - Series Unknown 1 (7%)

Country

  • Saudi Arabia 7 (50%)
  • United Arab Emirates 5 (36%)

Investments

CompanyDescriptionRoundLinks
Arib
Arib is a FinTech and digital broker for personal loans. $23.5M / Venture - Series Unknown / May 18, 2026
Nabt app is an e-commerce platform that conducts a B2B marketplace, connecting farmers with businesses directly. It uses technology to foster transparency, efficiency, and a more robust fresh produce supply chain. $3.4M / Seed / Dec 04, 2025
Nabt app is an e-commerce platform that conducts a B2B marketplace, connecting farmers with businesses directly. It uses technology to foster transparency, efficiency, and a more robust fresh produce supply chain. $1.5M / Seed / Oct 27, 2024
Shift mission is to develop sustainable solutions and reshape the landscape in Saudi Arabia by offering a full suite of services. $82.8M / Seed / Sep 24, 2024
Yalla Plus offers QR-based digital menu solutions for restaurants, featuring integrated payments and easy menu management. $2.7M / Seed / Aug 18, 2024
JisrHR is a Human resource management firm that offers HR solutions, time and attendance, reports, benefits and payroll services. $30M / Series A / Oct 04, 2023
Arib
Arib is a FinTech and digital broker for personal loans. $2.3M / Seed / Mar 21, 2022
Qoyod.com is a web-based accounting solution that targets KSA based-SMEs. Users can seamlessly issue invoices and manage expenses/budgets while automatically recording corresponding journal entries (i.e., Qoyod/قيود in Arabic). Users are also able to populate their financial statements and business reports for both commercial andstatutory requirements within KSA. $2.1M / Series A / Dec 29, 2020
Magnitt is a startup directory that connects investors, mentors, and emerging companies in the Middle East. The discovery platform is a database with over 5,500 MENA startups and over 200 investors. $1M / Seed / Mar 26, 2018
Joi Gifts is a full-service mobile platform for physical gifts. joi was born out of the belief that the world can be made a happier place, one gift at a time. With the best quality flowers and free same-day delivery, premium cakes and chocolates, balloons, gourmet gift baskets, unique personalized items and more, we have what it takes to put agenuine smile on anyone’s face and turn the experience of gift-giving into memorable occasions for you and those you care about the most. $2.3M / Seed / Feb 22, 2018
See all 14 investments →

Co-Investors

Merak Capital

About Merak Capital

VC Fund · Riyadh, Saudi Arabia

Merak Capital is a licensed company by the CMA to manage private investment funds, investor portfolios, and advise on financial securities, under the license number 18194-32, with a specialized focus on technology investments. Investments are done across different asset classes, with a primary focus on equities. In the private equity class, as wellas venture capital, the main regions of operation are KSA and MENA. In public equities, investments operate on global stock exchanges.At Merak Capital we focus on technology as the main driver for growth across the globe, and specifically in Saudi Arabia and the MENA region. We build our internal teams around technological research and understanding, staying at the forefront of breakthrough software and hardware, and finding investment opportunities that are aligned with adoption cycles from different sectors. Nowadays, most businesses and sectors are becoming digitized to stay relevant and compete with new entrants. Technological integration shifted from a luxury and a competitive advantage to a must-have for businesses and governments alike. Merak Capital is positioned to lead investments in this transition as well as unlock new markets and venues for growth, enabled by technological innovation and the entrepreneurial spirit.

Merak Capital Contacts

NameEmailPhoneSocials
Omar Alsubaie
Omar Alsubaie Associate
Othman Alhokail
Othman Alhokail Partner
Abdullah Altamami
Abdullah Altamami Founding Partner & CEO
Manal Altamami
Manal Altamami Legal Analyst
Mohammed Mohammed Alsaeed
Mohammed Mohammed Alsaeed Investment Analyst

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FAQ

What does Abdullah Altamami invest in?

Abdullah Altamami invests primarily in FinTech, Mobile and Internet startups, most often at Seed and Series A stage. Most of the 14 investments tracked by Shizune back companies in Saudi Arabia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

How do I contact Abdullah Altamami?

Public channels for Abdullah Altamami include LinkedIn. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

When did Abdullah Altamami last invest?

The most recent investment recorded for Abdullah Altamami closed in May 2026. Shizune tracks 14 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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