# Omar Almajdouie

> Omar Almajdouie is a seed investor at Raed Ventures backing Software and Financial Services. See 32 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Raed Ventures](https://shizune.co/investors/profile/raed-ventures)
- Location: Dammam, Saudi Arabia
- Total investments: 32
- Last investment: Apr 2026
- Lead investor: 66%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/omar-a-almajdouie-a978093/
- X (Twitter): https://twitter.com/omarmajdouie

Omar Almajdouie is a seed investor at Raed Ventures in Dammam focused on Software and Financial Services. Omar Almajdouie - Founding Partner & CEO @ Raed Ventures

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 7 | 22% |
| Financial Services | 6 | 19% |
| FinTech | 4 | 13% |
| Predictive Analytics | 4 | 13% |
| E-Commerce | 3 | 9% |

69 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 12 | 38% |
| Series A | 9 | 28% |
| Pre-Seed | 4 | 13% |
| Funding Round | 2 | 6% |
| Series B | 1 | 3% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Saudi Arabia | 12 | 38% |
| United Arab Emirates | 6 | 19% |
| Egypt | 3 | 9% |
| Jordan | 1 | 3% |
| Bahrain | 1 | 3% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Signit | Signit is the platform organizations use to create, sign, and manage agreements digitally—from legally binding digital signatures to full contract lifecycle management. | $15M | Series A | Apr 20, 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 |  |
| Octane | Octane is a digital wallet for vehicles that streamlines payments for all vehicle related expenses. | $5.2M | Seed | Jun 17, 2025 |  |
| Sylndr | Sylndr is an automotive focused e-commerce marketplace bringing innovation to the used-cars market, where customers can reliably and transparently sell and buy used cars. The company is aiming to build trust in the used-car market by becoming the go-to place for customers seeking to sell and buy their cars, through an extensive range ofhigh-quality used vehicles accessible across a diverse set of financing solutions. | $15.7M | Series A | May 19, 2025 |  |
| ClearGrid | ClearGrid, creating software and AI to streamline recovery and collaborate with the existing vendors. | $6.5M | Seed | Mar 19, 2025 |  |
| ClearGrid | ClearGrid, creating software and AI to streamline recovery and collaborate with the existing vendors. | $3.5M | Pre-Seed | Mar 19, 2025 |  |
| Rize | Rize is a PropTech platform transforming rental payments for both residential and commercial properties. With its “Rent Now, Pay Later” service, Rize allows tenants to split their annual rent into manageable installments, which benefits both renters, who can better manage their rental budgets, and landlords, who can reach a larger consumer base andreceive their yearly rental payment in advance. By enhancing affordability and flexibility, Rize inherently boosts occupancy rates across the rental market. | $35.2M | Series A | Jan 19, 2025 |  |
| 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. | $10M | Seed | May 30, 2024 |  |
| Noon Academy | Noon (Noon Academy previously) is a social learning platform making learning a more joyful, collaborative, and innovative experience. We believe technology and great people are what make Noon Academy so successful and a unique platform for social learning. Loved by 10+ million students across 8 countries, we’re a diverse team of people rooted indifferent backgrounds but sharing the same vision and passion. Our goals is to impact 50 million students by 2023. | $40.8M | Series B | Nov 02, 2023 |  |
| Sylndr | Sylndr is an automotive focused e-commerce marketplace bringing innovation to the used-cars market, where customers can reliably and transparently sell and buy used cars. The company is aiming to build trust in the used-car market by becoming the go-to place for customers seeking to sell and buy their cars, through an extensive range ofhigh-quality used vehicles accessible across a diverse set of financing solutions. | $12.6M | Pre-Seed | May 23, 2022 |  |

10 of 32 investments shown.

## Co-investors
- [Algebra Ventures](https://shizune.co/investors/profile/algebra-ventures) — VC Fund, 8 deals together
- [Vision Ventures](https://shizune.co/investors/profile/vision-ventures-2) — VC Fund, 5 deals together
- [Wa’ed Ventures](https://shizune.co/investors/profile/waed-ventures) — VC Fund, 5 deals together
- [500 Global](https://shizune.co/investors/profile/500-startups) — VC Fund, 4 deals together
- [Global Founders Capital](https://shizune.co/investors/profile/global-founders-capital) — VC Fund, 4 deals together
- [SEEDRA Ventures](https://shizune.co/investors/profile/seedra) — VC Fund, 4 deals together

## About Raed Ventures

VC Fund · Dammam, Saudi Arabia

Raed Ventures is a Saudi venture capital firm that provides funding for the seed and early-stage startups in KSA and MENA. They invest in entrepreneurial teams shaping the market landscape and we provide MENA startups an opportunity to work in the Saudi & GCC markets. It helps startups in building and executing their plans throughcollaborations with their sister companies and leveraging their market knowledge and network.

5 contacts available at Raed Ventures.

| Name | Title | Profile |
| --- | --- | --- |
| Arsalan Yousuf | Finance Manager | https://shizune.co/investors/profile/arsalan-yousuf |
| Eyad Alharbi | Senior Associate | https://shizune.co/investors/profile/eyad-alharbi |
| Hussien Abdulgader | Administration manager | https://shizune.co/investors/profile/hussien-abdulgader |
| Maha Adel | Executive Assistant | https://shizune.co/investors/profile/maha-adel |
| Omar Almajdouie | Founding Partner & CEO | https://shizune.co/investors/profile/omar-almajdouie |

## 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
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does Omar Almajdouie invest in?

Omar Almajdouie invests primarily in Software, Financial Services and FinTech startups, most often at Seed and Series A stage. Most of the 32 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 Omar Almajdouie last invest?

The most recent investment recorded for Omar Almajdouie closed in Apr 2026. Shizune tracks 32 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.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co