# Elm

> Elm is a VC fund backing Internet, E-Commerce and SMS. See 5 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Total investments: 5
- Last investment: Oct 2021
- Lead investor: 40%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/elm/
- X (Twitter): https://twitter.com/elm
- Website: https://www.elm.sa/
- Facebook: https://www.facebook.com/Elm/

Elm is a VC fund focused on Internet and E-Commerce. Elm

## Round sizes

| Stage | Round size |
| --- | --- |
| Series A | $2.3M–$21M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Internet | 2 | 40% |
| E-Commerce | 2 | 40% |
| SMS | 1 | 20% |
| PaaS | 1 | 20% |
| SaaS | 1 | 20% |

24 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 3 | 60% |
| Seed | 1 | 20% |
| Series B | 1 | 20% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Cura | Cura Healthcare is a Saudi leading telehealth provider that provides digital health and telemedicine software and services. The company has developed state-of-the-art technologies to empower health communications, changing the way patients and doctors interact, diagnose, prescribe, give second opinions, manage chronic diseases, and provide primaryhealth care and well-being therapy sessions. For more information: https://cura.healthcare/en/ | $4M | Series A | Oct 17, 2021 |  |
| Syarah | Syarah is an online cars marketplaces. | $19M | Series B | Aug 02, 2021 |  |
| Zid | 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. | $2M | Seed | Jul 24, 2019 |  |
| Unifonic | Unifonic is a software-as-a-service (SaaS) company. It develops a communications platform used by organizations to send and manage messages and interactions across multiple channels such as SMS, voice calls, WhatsApp, and web chat through a single system. | $21M | Series A | Oct 17, 2018 |  |
| Syarah | Syarah is an online cars marketplaces. | $2.3M | Series A | Mar 08, 2018 |  |

5 of 5 investments shown.

## Co-investors
- [Elm](https://shizune.co/investors/profile/elm-a940) — VC Fund, 5 deals together
- [Vision Ventures](https://shizune.co/investors/profile/vision-ventures-2) — VC Fund, 3 deals together
- [Raed Ventures](https://shizune.co/investors/profile/raed-ventures) — VC Fund, 2 deals together
- [Wa’ed Ventures](https://shizune.co/investors/profile/waed-ventures) — VC Fund, 2 deals together
- [Agility Ventures](https://shizune.co/investors/profile/agility-ventures) — VC Fund, 1 deal together
- [Arzan Venture Capital](https://shizune.co/investors/profile/arzan-venture-capital) — VC Fund, 1 deal together

## Similar investors

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### Similar stage
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### Similar country
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## Featured in investor lists
- [All Investors in Saudi Arabia](https://shizune.co/investors/investors-saudi-arabia)
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- [Internet Investors in Saudi Arabia](https://shizune.co/investors/internet-investors-saudi-arabia)

## FAQ

### What does Elm invest in?

Elm invests primarily in Internet, E-Commerce and SMS startups, most often at Series A and Seed stage. Most of the 5 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 $2.3M–$21M at Series A. 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.

### When did Elm last invest?

The most recent investment recorded for Elm closed in Oct 2021. Shizune tracks 5 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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