Elm
VC Fund
Riyadh, Saudi Arabia
Elm is a VC fund in Riyadh focused on Artificial Intelligence and SaaS. Elm offer a wide range of ready-made and customized digital solutions in many areas. The company provides products that are seemingly tailored to customers' needs and aspirations.
- Total investments:
- 22
- Last investment:
- Lead investor:
- 36%
Last updated:
For AI agents: llms.txt
Industries Elm invests in
Stages Elm invests in
Countries Elm invests in
Round sizes
Contacts
| Name | Phone | Socials | |
|---|---|---|---|
Round size
- Seed
- $2M–$7.4M
- Series A
- $2.3M–$21M
- Series B
- $16M–$50M
Investment Focus
Industry
- Artificial Intelligence 5 (23%)
- SaaS 3 (14%)
- Software 3 (14%)
- E-Commerce 3 (14%)
- Apps 2 (9%)
Stage
- Series A 7 (32%)
- Seed 6 (27%)
- Series B 4 (18%)
- Series C 2 (9%)
Country
- Saudi Arabia 10 (45%)
- United Arab Emirates 2 (9%)
- India 1 (5%)
- Nigeria 1 (5%)
- United States 1 (5%)
Team
| Name | Title | Investments | Links | |
|---|---|---|---|---|
| CEO | Total investments: 0 | Find email | ||
Jehad Baker
Director - International Business
|
Director - International Business | Total investments: 0 | Find email | |
Khalid Al-Nasser
Consultant - Corporate Venture Capital
|
Consultant - Corporate Venture Capital | Total investments: 0 | Find email |
Investments
| Company | Description | Round | Links |
|---|---|---|---|
| Sirdab provides technology-enabled warehousing, transportation, and fulfillment services for businesses. The company connects businesses with on-demand warehouse space for dry, ambient, chilled, and frozen goods. Its transportation services support shipments between cities and include bulk transportation and last-mile delivery. Sirdab also providese-commerce fulfillment services covering order picking, packing, shipping, and delivery. Its Warehouse Management System and Order and Inventory Management System provide tools for managing inventory, warehouses, orders, shipments, and logistics operations. The platform provides real-time inventory visibility and tracks goods throughout storage and transportation activities. Sirdab serves e-commerce sellers, brands, wholesalers, distributors, and businesses managing seasonal or ongoing inventory. | $9.9M / Series A / Sep 03, 2026 | ||
| Reachware is a cloud integration platform that allows systems and data to connect and flow seamlessly. With Reachware, organizations can create a smarter ecosystem and automate their business processes to improve efficiency.Reachware helps your business with:-Facilitating cross-system collaboration for a unified business ecosystem.-Streamlining workflows through a centralized data hub. -Boosting efficiency by automating repetitive tasks and processes. -Cultivating an innovative community among businesses using Reachware. | $3M / Seed / Sep 05, 2024 | ||
| Syarah is an online cars marketplaces. | $40M / Series C / Sep 02, 2024 | ||
| Youverify helps businesses and individuals confirm identity and physical addresses. Using AI, Youverify confirms a user’s identity document and compares it with their facial biometrics. This information can be cross-checked against more than 300 databases locally and globally.Youverify in partnership with over 20,000 field verification officersverifies physical addresses all over Sub-Sahara Africa in less than 48 hours.Youverify fills the gap in Africa's digital industry by providing one API for identity and physical address verification. | $2.5M / Seed / Mar 13, 2024 | ||
| Klaim is an InsureTech platform offering a SaaS medical claim management and financing platform all in one. They provide them with total visibility on their revenue cycle, increase their revenue through reduced claim processing time and errors, and faster payments. | $7.4M / Seed / Dec 26, 2023 | ||
| FlyAkeed is combining multiple definitions into one: "Online Travel Agency", "Travel Management Company", and “Expense Management Solution”. It offers comprehensive travel services and innovative solutions for corporates and their employees to help them achieve the ultimate booking experience when traveling for work. | $15.2M / Series A / Aug 22, 2023 | ||
| Telgani is a car rental application in which customers can quickly and easily rent their favorite car at a competitive price. The company was founded in 2018 and is based in Riyadh, Riyadh Province, Saudi Arabia. | $6M / Series A / Feb 15, 2023 | ||
| Since it was founded, 525K has been pushing the frontiers of supply chain orchestration to accelerate business growth globally.525K enables operators of logistics, of all sizes and processes, to optimize their operations within a minute using its cutting-edge technology – because there are only 525K minutes in a year.525K has been empowering agrowing network of industry leaders with its transformative technology and was entrusted with the design and management of Supply chain Optimization platform and networks enabling the optimal movement and delivery of billions of dollars’ worth of goods and services every year across several industries.In fact, 525K is the number of minutes in a year; we aspire to enable the delivery of any product where possible in 1 minute! 525K is creating products at the core of supply chain including transportation optimization platforms, warehousing and fulfillment optimization, delivery and distribution optimizations. | Seed / Feb 09, 2023 | ||
| Carefer is a cloud-based management software that provides automated operations to increase fleet maintenance efficiency. | $2.9M / Seed / Feb 06, 2023 | ||
| Zid is an e-commerce in a box - solution that any retailer can use to start their eRetail. Zid helps them to build their own eStores (with their own name and identity) and integrates them with the supply chain players to enable them to manage and with ease. The company aims to enable the retail sector to enter the world of electronic retail in aneasy and professional.Zid was founded in 2017 and based in Riyadh, Ar Riyad, Saudi Arabia. | $50M / Series B / Oct 17, 2022 | ||
| See all 22 investments → | |||
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FAQ
What does Elm invest in?
Elm invests primarily in Artificial Intelligence, SaaS and Software startups, most often at Series A and Seed stage. Most of the 22 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 Elm's check size?
Elm typically joins rounds of $2M–$7.4M at Seed, $2.3M–$21M at Series A and $16M–$50M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Elm participates in.
How do I contact Elm?
Public channels for Elm 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 Elm?
The team at Elm includes AbdulRahman Aljadhai (CEO), Jehad Baker (Director - International Business) and Khalid Al-Nasser (Consultant - Corporate Venture Capital). 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 Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
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