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Mazen Alasnag, Executive at Wa’ed Ventures

Mazen Alasnag

Executive @ Wa’ed Ventures

Mazen Alasnag is a Series A investor at Wa’ed Ventures focused on Finance and Insurance. Mazen Alasnag

Total investments:
2
Last investment:
Lead investor:
50%

Last updated:

Industries Mazen Alasnag invests in

FinanceInsuranceFinancial Services

Stages Mazen Alasnag invests in

Series AFunding Round

Countries Mazen Alasnag invests in

United Arab Emirates

Investment Focus

Industry

  • Finance 1 (50%)
  • Insurance 1 (50%)
  • Financial Services 1 (50%)

Stage

  • Series A 1 (50%)
  • Funding Round 1 (50%)

Investments

CompanyDescriptionRoundLinks
Democrance Democrance
An insurance technology company with a mission to create partnerships that make insurance accessible for those who need it most but can afford it least. Oct 24, 2023
Democrance Democrance
An insurance technology company with a mission to create partnerships that make insurance accessible for those who need it most but can afford it least. $3M / Series A / Oct 24, 2023

Co-Investors

Wa’ed Ventures

About Wa’ed Ventures

VC Fund · Dhahran, Saudi Arabia

Wa’ed Ventures is a $500 million venture capital fund with the aim to accelerate the development of an integrated startup ecosystem by investing in local tech-based startups and incentivizing global entrepreneurs to localize their tech innovations in the Kingdom.

Wa’ed Ventures Contacts

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Mazen Alasnag
Mazen Alasnag Executive

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FAQ

What does Mazen Alasnag invest in?

Mazen Alasnag invests primarily in Finance, Insurance and Financial Services startups, most often at Series A and Funding Round stage. Most of the 2 investments tracked by Shizune back companies in United Arab Emirates. The Investment Focus section breaks down every industry, stage and country in the portfolio.

When did Mazen Alasnag last invest?

The most recent investment recorded for Mazen Alasnag closed in Oct 2023. Shizune tracks 2 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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