DAAL
VC Fund
Al Khobar, Saudi Arabia
Daal is a venture capital that aims to connect the most promising IT opportunities around the world with the talent and leadership of world-class investors based in Saudi Arabia. As offshoot of storied investment company, Sumou Holdings, Daal represents the bridge to a future that recognizes two certainties: the importance of IT innovation andthe need for the GCC region to connect with and welcome the best and brightest emerging companies from around the world. The aim of Daal is to create excellent opportunities for investment by providing mentorship and business development insights to companies within the IT space. The Daal team has the experience to guide and nurture the growth of these companies on the international stage. This is especially true for emerging companies looking to expand into the Middle East and penetrate the Saudi market. As a VC fund, Daal offers its investors a chance to participate in high-growth opportunities unique to the IT sector. Daal is led by investors and principles who are committed to bringing innovative companies to the GCC region.
- Total investments:
- 19
- Last investment:
- Lead investor:
- 16%
Last updated:
For AI agents: llms.txt
Industries DAAL invests in
Stages DAAL invests in
Countries DAAL invests in
Round sizes
Contacts
| Name | Phone | Socials | |
|---|---|---|---|
Round size
- Seed
- $100k–$5M
Investment Focus
Industry
- Software 5 (26%)
- E-Commerce 5 (26%)
- Information Technology 4 (21%)
- SaaS 3 (16%)
- Content 2 (11%)
Stage
- Seed 10 (53%)
- Series A 3 (16%)
- Convertible Note 2 (11%)
- Pre-Seed 1 (5%)
- Venture - Series Unknown 1 (5%)
Country
- Egypt 2 (11%)
- Tunisia 2 (11%)
- United Arab Emirates 2 (11%)
- Brazil 1 (5%)
- Mexico 1 (5%)
Team
| Name | Title | Investments | Links | |
|---|---|---|---|---|
Abdulrahman Al-Qahtani
Chief Executive Officer
|
Chief Executive Officer | Total investments: 10 | Find email | |
Mike Vernal
Chief Executive Officer
|
Chief Executive Officer | Total investments: 58 | Find email |
Investments
| Company | Description | Round | Links |
|---|---|---|---|
| Kamioun is a mobile platform that connects FMCG manufacturers to local retail shops by fast free delivery of inventory. | Series A / Jul 24, 2024 | ||
| Pulppo is the first Tech Enabled broker for Latin America. We partner with the best brokers in the region and empower them with tools, technology and resources to create a simple and transparent buying process. Pulppo was founded by Agustin Iglesias, former GM of Inmuebles24 and founder of Tokko Broker (Acquired by Navent) and Matias Gath, formerGM of Glovo in Argentina and founder of Kadabra (acquired by Glovo). | $5M / Seed / Jan 09, 2023 | ||
| Paper.id is the first free invoicing, payment, accounting and inventory app for SMEs in Indonesia. | Series A / Jul 01, 2022 | ||
| Ogram is an on-demand staffing platform that connects businesses with a flexible hourly workforce across industries like retail, hospitality, logistics, and events. It enables companies to quickly hire vetted workers for short-term shifts while providing workers with flexible earning opportunities. Ogram uses technology to streamline scheduling,workforce management, and payroll, improving operational efficiency and labor scalability. | $3M / Series A / May 23, 2022 | ||
| Dalto is a Data analysis platform for sales and expansion teams.Dalto using artificial intelligence techniques helps companies finding market oppurtunities as new places to work, potential customers, and teams. | Seed / May 01, 2022 | ||
| Ordera is a mobile application focusing on enhancing the pick-up (takeaway) experience in the F&B industry, using Ordera people will be able to place and pay for their orders before their arrival to the venue and pick them up on the go in less than 30 seconds whether from the store or even from their cars like a virtual drive-thru. And with ourbuilt-in loyalty program, the more people use the application the more free-stuff they collect from their favorite venues. On the other hand, Ordera helps venue owners to increase their sales, know their customers, and maintain their loyal ones! | $100K / Seed / Apr 01, 2021 | ||
| Fonibo is an online sales platform that combines various shopping facilities, including restaurants and supermarkets, in one application Our main mission is to make people's lives easier by making the best use of the opportunities that technology has given us. | $50K / Pre-Seed / Mar 22, 2021 | ||
| Lozi is the fastest-growing Tech startup that operates a one-hour-delivery E-commerce platform called Loship. Made by Vietnamese for Vietnamese, Loship offers the most effective distribution networks in Vietnam, filling the massive demand for immediate deliveries in a bustling and modern life, with a wide range of services including food delivery(Loship), grocery delivery (Lomart), ride-hailing (Lo-xe), medicine delivery (Lomed), laundry service (Lozat), package delivery (Lo-send), beauty products delivery (LoBeauty), flower delivery (Lo-hoa) and B2B supply delivery (Lo-supply).Loship now has a fleet of more than 70,000 drivers and 200,000 merchants, serving almost 2,000,000 customers across four big cities of Hanoi, Ho Chi Minh City, Da Nang and Can Tho – all dedicated to fulfilling the Vietnamese consumers’ one-hour delivery needs. | Convertible Note / Nov 27, 2020 | ||
| Wuilt is a website builder where you can create your own Arabic website in under 5 minutes. | $535K / Seed / Nov 17, 2020 | ||
| Ordera is a mobile application focusing on enhancing the pick-up (takeaway) experience in the F&B industry, using Ordera people will be able to place and pay for their orders before their arrival to the venue and pick them up on the go in less than 30 seconds whether from the store or even from their cars like a virtual drive-thru. And with ourbuilt-in loyalty program, the more people use the application the more free-stuff they collect from their favorite venues. On the other hand, Ordera helps venue owners to increase their sales, know their customers, and maintain their loyal ones! | Seed / Aug 30, 2020 | ||
| See all 19 investments → | |||
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FAQ
What does DAAL invest in?
DAAL invests primarily in Software, E-Commerce and Information Technology startups, most often at Seed and Series A stage. Most of the 19 investments tracked by Shizune back companies in Egypt. The Investment Focus section breaks down every industry, stage and country in the portfolio.
What is DAAL's check size?
DAAL typically joins rounds of $100k–$5M at Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds DAAL participates in.
How do I contact DAAL?
Public channels for DAAL include LinkedIn, X (Twitter) and the website linked on this profile. 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.
Who are the partners at DAAL?
The team at DAAL includes Abdulrahman Al-Qahtani (Chief Executive Officer) and Mike Vernal (Chief Executive Officer). The Team section lists each member with their title, investment count and links.
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 Sep 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
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