# Mazen Alasnag

> Mazen Alasnag is a Series A investor at Wa’ed Ventures backing Finance and Insurance. See 2 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Wa’ed Ventures](https://shizune.co/investors/profile/waed-ventures)
- Total investments: 2
- Last investment: Oct 2023
- Lead investor: 50%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/mazen-alasnag-3194085/?original_referer=https%3A%2F%2Fwww%2Egoogle%2Ecom%2F&originalSubdomain=sa

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

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Finance | 1 | 50% |
| Insurance | 1 | 50% |
| Financial Services | 1 | 50% |

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 1 | 50% |
| Funding Round | 1 | 50% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| 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 | 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 |  |

2 of 2 investments shown.

## Co-investors
- [Global Ventures](https://shizune.co/investors/profile/global-ventures) — VC Fund, 3 deals together
- [Veridian Ventures](https://shizune.co/investors/profile/veridian-ventures) — VC Fund, 1 deal together

## 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.

1 contacts available at Wa’ed Ventures.

| Name | Title | Profile |
| --- | --- | --- |
| Mazen Alasnag | Executive | https://shizune.co/investors/profile/mazen-alasnag |

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

## 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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