# Khwarizmi Ventures

> Khwarizmi Ventures is a VC fund in Riyadh backing Software and E-Commerce. See 60 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Riyadh, Saudi Arabia
- Total investments: 60
- Last investment: May 2026
- Lead investor: 25%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/khwarizmivc/
- X (Twitter): https://twitter.com/khwarizmivc
- Website: https://khwarizmivc.com/
- Facebook: https://www.facebook.com/khwarizmivc/

Khwarizmi Ventures is a venture capital firm that seeks investments in startups with a passion for algorithms. It seeks to help create their vision, as they embark on a journey together that aligns their goals to improve quality of life using technology powered by algorithms. .

## Contacts

5 contacts available for Khwarizmi Ventures. Shizune tracks 2 team members at Khwarizmi Ventures. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/khwarizmi-ventures?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.6M–$16M |
| Pre-Seed | $1M–$2.4M |
| Series A | $5.5M–$37M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 11 | 18% |
| E-Commerce | 11 | 18% |
| FinTech | 10 | 17% |
| Financial Services | 9 | 15% |
| Information Technology | 9 | 15% |

61 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 22 | 37% |
| Series A | 14 | 23% |
| Pre-Seed | 4 | 7% |
| Series B | 3 | 5% |
| Funding Round | 3 | 5% |

8 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Saudi Arabia | 15 | 25% |
| United Arab Emirates | 7 | 12% |
| Egypt | 5 | 8% |
| Jordan | 3 | 5% |
| Pakistan | 2 | 3% |

8 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Abdulaziz Al-Turki | Managing Partner | 12 | https://shizune.co/investors/profile/abdulaziz-al-turki |
| Yasser Al Kadi | Founding Partner | 4 | https://shizune.co/investors/profile/yasser-al-kadi |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| RemotePass | RemotePass is a workforce management platform that helps companies onboard, manage, and pay contractors and employees across multiple countries. The platform combines HR, payroll, compliance, expense management, and employee benefits tools into a single system for both local and international teams. It also provides employer-of-record services,allowing businesses to hire full-time workers in countries where they do not have a legal entity. RemotePass includes features such as multi-currency payroll, time-off management, contractor management, and integrations with accounting and HR software platforms. The company also offers financial services for workers, including multiple payout methods, payroll cards, and access to localized benefits and compliance support. | $17.4M | Series B | May 20, 2026 |  |
| Aya | Aya is a modest fashion e-commerce platform that strives to unite the fragmented modest fashion industry into a single discovery platform. | $6.9M | Series A | Apr 16, 2026 |  |
| Simplified Financial Solutions Company | Simplified Financial Solutions Company offers startups and SMEs financial management solutions including the ability to issue virtual and physical corporate cards, manage spending and automate expense reporting. | $20M | Series A | Feb 09, 2026 |  |
| Hala | Hala offers a payment and wallet solution for individuals and point-of-sale (PoS) services that enable merchants to accept credit card payments. | $157M | Series B | Sep 15, 2025 |  |
| Calo | Calo is a direct-to-consumer food tech company offering personalised meal subscriptions. Its app automatically calculates the calories and macronutrients that users need and delivers them ready-to-eat meals portioned to fit their fitness goals. The app matches users with chef-prepared meals, ensuring high-quality food convenient for busylifestyles. With its user-friendly interface, the Calo app allows users to analyze their needs and subscribe to meal plans in less than two minutes. | $39M | Series B | Jul 29, 2025 |  |
| Erad | Erad offers expansion capital to online enterprises. | $16M | Seed | Apr 30, 2025 |  |
| Aya | Aya is a modest fashion e-commerce platform that strives to unite the fragmented modest fashion industry into a single discovery platform. | $1.6M | Seed | Mar 11, 2025 |  |
| Khazna | Khazna is an Egyptian company that aims to improve and expand financial services for Egyptians through the mobile application. | $16M | Series B | Feb 04, 2025 |  |
| Calo | Calo is a direct-to-consumer food tech company offering personalised meal subscriptions. Its app automatically calculates the calories and macronutrients that users need and delivers them ready-to-eat meals portioned to fit their fitness goals. The app matches users with chef-prepared meals, ensuring high-quality food convenient for busylifestyles. With its user-friendly interface, the Calo app allows users to analyze their needs and subscribe to meal plans in less than two minutes. | $25M | Series B | Dec 30, 2024 |  |
| Mala'a Technologies | Mala'a Technologies provides a way to manage all financial matters from several bank accounts in one location. It supports tracking costs, keeping an eye on credit, and investing money. Mala'a Technologies enables people to make more informed financial decisions. | $17.3M | Series A | Sep 03, 2024 |  |

10 of 60 investments shown.

## Co-investors
- [Nuwa Capital](https://shizune.co/investors/profile/nuwa-capital) — VC Fund, 13 deals together
- [Raed Ventures](https://shizune.co/investors/profile/raed-ventures) — VC Fund, 9 deals together
- [Vision Ventures](https://shizune.co/investors/profile/vision-ventures-2) — VC Fund, 8 deals together
- [500 Global](https://shizune.co/investors/profile/500-startups) — VC Fund, 7 deals together
- [Joa Capital](https://shizune.co/investors/profile/joa-capital) — VC Fund, 6 deals together
- [Algebra Ventures](https://shizune.co/investors/profile/algebra-ventures) — VC Fund, 5 deals together

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## FAQ

### What does Khwarizmi Ventures invest in?

Khwarizmi Ventures invests primarily in Software, E-Commerce and FinTech startups, most often at Seed and Series A stage. Most of the 60 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 Khwarizmi Ventures's check size?

Khwarizmi Ventures typically joins rounds of $1.6M–$16M at Seed, $1M–$2.4M at Pre-Seed and $5.5M–$37M 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 Khwarizmi Ventures participates in.

### How do I contact Khwarizmi Ventures?

Public channels for Khwarizmi Ventures 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 Khwarizmi Ventures?

The team at Khwarizmi Ventures includes Abdulaziz Al-Turki (Managing Partner) and Yasser Al Kadi (Founding Partner). 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 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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