# Al Majdia Residence

> Al Majdia Residence is a VC fund in Riyadh backing Hospitality and Online Portals. See 3 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Riyadh, Saudi Arabia
- Total investments: 3
- Last investment: Jul 2024
- Lead investor: 33%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/almajdiah-residence
- Website: http://almajdiah.com/

Al Majdia Residence is a VC fund in Riyadh focused on Hospitality and Online Portals. Al Majdiah Residence is a real estate company based in Saudi Arabia.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Hospitality | 1 | 33% |
| Online Portals | 1 | 33% |
| Customer Service | 1 | 33% |
| Financial Services | 1 | 33% |

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Pre-Seed | 1 | 33% |
| Series A | 1 | 33% |
| Convertible Note | 1 | 33% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| TechMal | TechMal is a Saudi Financing company. TechMal operates as a micro-consumer finance company. | $999.8K | Pre-Seed | Jul 21, 2024 |  |
| Gathern | Gathern is a booking platform of private villas, chalets, rest houses, camps, resorts, farms and other places suitable for gatherings. |  | Convertible Note | Apr 06, 2022 |  |
| Gathern | Gathern is a booking platform of private villas, chalets, rest houses, camps, resorts, farms and other places suitable for gatherings. | $4.4M | Series A | Mar 22, 2022 |  |

3 of 3 investments shown.

## Co-investors
- [Al Ajlan Riviera](https://shizune.co/investors/profile/al-ajlan-riviera) — VC Fund, 2 deals together
- [Al Safa Real Estate Development](https://shizune.co/investors/profile/al-safa-real-estate-development) — VC Fund, 2 deals together
- [Shurafa Real Estate Development](https://shizune.co/investors/profile/shurafa-real-estate-development) — VC Fund, 2 deals together
- [STV](https://shizune.co/investors/profile/stv-2) — VC Fund, 2 deals together
- [Vision Ventures](https://shizune.co/investors/profile/vision-ventures-2) — VC Fund, 1 deal together

## Similar investors

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### Similar stage
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### Similar country
- [Oqal](https://shizune.co/investors/profile/oqal) — VC Fund
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## Featured in investor lists
- [Financial Services VC Funds in Saudi Arabia](https://shizune.co/investors/financial-services-vc-funds-saudi-arabia)
- [FinTech Investors in Saudi Arabia](https://shizune.co/investors/fintech-investors-saudi-arabia)
- [FinTech VC Funds in Saudi Arabia](https://shizune.co/investors/fintech-vc-funds-saudi-arabia)

## FAQ

### What does Al Majdia Residence invest in?

Al Majdia Residence invests primarily in Hospitality, Online Portals and Customer Service startups, most often at Pre-Seed and Series A stage. Most of the 3 investments tracked by Shizune back companies in Saudi Arabia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Al Majdia Residence last invest?

The most recent investment recorded for Al Majdia Residence closed in Jul 2024. Shizune tracks 3 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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