# MERCED

> MERCED is a VC fund in Riyadh backing Software, Automotive and Fleet Management. See 1 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Riyadh, Saudi Arabia
- Total investments: 1
- Last investment: Feb 2023
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/mercedvc
- X (Twitter): https://twitter.com/mercedinv
- Website: https://mercedvc.com/

MERCED is a Venture Capital Investment Firm that invests in startups and small to medium-sized businesses with high growth potential.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 1 | 100% |
| Automotive | 1 | 100% |
| Fleet Management | 1 | 100% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Carefer | Carefer is a cloud-based management software that provides automated operations to increase fleet maintenance efficiency. | $2.9M | Seed | Feb 06, 2023 |  |

1 of 1 investments shown.

## Co-investors
- [Elm](https://shizune.co/investors/profile/elm-a940) — VC Fund, 1 deal together
- [Sarh Fund](https://shizune.co/investors/profile/sarh-fund) — VC Fund, 1 deal together

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### Similar industry
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### Similar stage
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## FAQ

### What does MERCED invest in?

MERCED invests primarily in Software, Automotive and Fleet Management startups, most often at Seed stage. Most of the 1 investments tracked by Shizune back companies in Saudi Arabia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did MERCED last invest?

The most recent investment recorded for MERCED closed in Feb 2023. Shizune tracks 1 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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