# Salman Butt

> Salman Butt is a seed investor at Salla (Jeddah) backing FinTech and Financial Services. See 14 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Salla](https://shizune.co/investors/profile/salla)
- Location: Jeddah, Saudi Arabia
- Total investments: 14
- Last investment: Jun 2026
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/salmanxg

Salman Butt is a seed investor at Salla in Jeddah focused on FinTech and Financial Services. Salman Butt - Co-Founder & Chief Expansion Officer @ Salla

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $2M–$4M |
| Pre-Seed | $1M–$1M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| FinTech | 4 | 29% |
| Financial Services | 4 | 29% |
| SaaS | 2 | 14% |
| Finance | 2 | 14% |
| Payments | 2 | 14% |

33 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 4 | 29% |
| Angel | 3 | 21% |
| Pre-Seed | 3 | 21% |
| Private Equity | 2 | 14% |
| Series A | 1 | 7% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Saudi Arabia | 6 | 43% |
| United Arab Emirates | 5 | 36% |
| Singapore | 1 | 7% |
| United Kingdom | 1 | 7% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| MyAlice | Alice is a omni-channel conversational AI based SAAS platform to Boost Sales, Automate Support and Reduce Cost! | $2M | Seed | Jun 24, 2026 |  |
| Byzanlink | Bridging TradFi and DeFi with Real-World Asset Tokenization | $1M | Pre-Seed | May 30, 2025 |  |
| AmplifAI Health | AmplifAI Health has a strong dedication to transforming healthcare through the digitalization of clinicians' human senses. |  | Pre-Seed | Nov 01, 2024 |  |
| Cargoz | Cargoz is a logistics startup that connects SMEs looking for warehousing space with warehousing companies who has extra capacity, like Airbnb but for commercial warehousing & storage. |  | Seed | Jan 09, 2023 |  |
| Nearpay | Nearpay is a fintech startup based in Saudi Arabia, on a mission to make payments easy, secure, and accessible for every merchant. Our focus is simple: we build innovative payment infrastructure solutions that cater to banks, payment providers, and SaaS startups. With a blend of expertise and enthusiasm, we're shaping the future of paymentsone transaction at a time. |  | Angel | Aug 01, 2022 |  |
| Resal | Resal is the regional leader in digital value exchange and alternative payment solutions by creating a comprehensive ecosystem for prepaid gift cards, loyalty, rewards, and payout and spend management |  | Venture - Series Unknown | Aug 01, 2022 |  |
| Zest Equity | Zest Equity is a financial technology company that provides software and infrastructure for managing private market transactions. The platform is used to structure and process investment deals such as private equity investments, venture capital rounds, and secondary share transfers. It supports the creation of special purpose vehicles , investoronboarding, document signing, and handling of capital flows through digital workflows. |  | Seed | Jul 19, 2022 |  |
| Palm Ventures | Palm Ventures was established as a business unit under a consultancy firm in 2014 with a vision to support the entrepreneurship ecosystem in KSA. The business unit has provided support to over 25 founders and startups and has assisted various government institutions in fulfilling their innovation-commercialization mandates. In 2021, Palm Venturesevolved into a standalone company, focusing on technology startup investments. This transformation brought together over 30 investors and advisors, creating the Palm Ventures family, which includes CEOs of top corporations, serial entrepreneurs, and investment experts. We are on a mission to establish a top-tier, enduring venture capital firm poised to seize opportunities in the MENA region and beyond! We invest in the industry leaders of the future, primarily focusing on early-stage B2B solutions and fintech startups in the MENA region. Our commitment extends beyond funding, offering unparalleled support and access to a pivotal network, shaping a brighter tomorrow. |  | Private Equity | May 01, 2022 |  |
| Manigo | Manigo is a Banking as a Service company offering businesses of any size white-label digital banking, payments, and card solutions covering the whole value chain from back to front end. |  | Angel | Mar 01, 2022 |  |
| BARQ | BARQ enables bullet delivery for any business. From e-commerce to food, e-groceries and various sectors, BARQ utilizes its state-of-the-art delivery technologies to deliver orders as fast as 15 minutes up to same day delivery service.BARQ converts retail outlets to micro-fulfilment centers/dispatching hubs making delivery faster &easier. Once a customer places an order through the business platform, order gets fulfilled by the closest retail outlet and delivered to the customer once ready for pick up (bullet delivery).BARQ also serves warehouses and fulfillment centers with several delivery options, 4hrs up to same day or next day, depending on the business’ need. While restaurants and food aggregators enjoy 30-45 minute delivery service & paying a delivery fee ONLY. | $4M | Seed | Feb 07, 2022 |  |

10 of 14 investments shown.

## Co-investors
- [Saudi Venture Capital Company](https://shizune.co/investors/profile/saudi-venture-capital-company) — VC Fund, 2 deals together
- [500 Global](https://shizune.co/investors/profile/500-startups) — VC Fund, 1 deal together
- [Almoayed Ventures](https://shizune.co/investors/profile/almoayed-ventures) — VC Fund, 1 deal together
- [Anchorless Bangladesh](https://shizune.co/investors/profile/anchorless-bangladesh) — VC Fund, 1 deal together
- [Conjunction Capital](https://shizune.co/investors/profile/conjunction-capital) — VC Fund, 1 deal together
- [Dubai Future District Fund](https://shizune.co/investors/profile/dubai-future-district-fund) — VC Fund, 1 deal together

## About Salla

VC Fund · Jeddah, Saudi Arabia

Salla a Saudi-based e-commerce platform that allows users to set up their e-commerce store in Arabic and sell their products and services to customers. In addition, users can set up their own branded store (with their own domain name) by selecting a design of their liking available on Salla. The owners of the e-commerce stores can then manage theirinventory by using Salla’s website or app. Salla provides different types of reports and tools that help store owners with automatic invoices, integration, Instagram, customer database, the ability to block customers, pin favorite products, have offers and discounts, and more.

3 contacts available at Salla.

| Name | Title | Profile |
| --- | --- | --- |
| Salman Butt | Co-Founder & Chief Expansion Officer | https://shizune.co/investors/profile/salman-butt |
| Nawaf Hariri | Co-Founder | https://shizune.co/investors/profile/nawaf-hariri |
| Salah Alkhwlani | CTO | https://shizune.co/investors/profile/salah-alkhwlani |

## Similar investors

### Similar industry
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund
- [Coinbase Ventures](https://shizune.co/investors/profile/coinbase-ventures) — VC Fund

### 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

### Similar country
- [Wamda Capital](https://shizune.co/investors/profile/wamda) — VC Fund
- [F6 Ventures](https://shizune.co/investors/profile/flat6labs) — VC Fund
- [Shorooq Partners](https://shizune.co/investors/profile/shorooq-partners) — VC Fund

## Featured in investor lists
- [All Angel Investors in United Arab Emirates](https://shizune.co/investors/angel-investors-united-arab-emirates)
- [FinTech Angel Investors in Middle East](https://shizune.co/investors/fintech-angel-investors-middle-east)
- [Enterprise Angel Investors in United Arab Emirates](https://shizune.co/investors/enterprise-angel-investors-united-arab-emirates)
- [All Angel Investors in Saudi Arabia](https://shizune.co/investors/angel-investors-saudi-arabia)
- [Financial Services Angel Investors in United Arab Emirates](https://shizune.co/investors/financial-services-angel-investors-united-arab-emirates)
- [FinTech Angel Investors in United Arab Emirates](https://shizune.co/investors/fintech-angel-investors-united-arab-emirates)

## FAQ

### What does Salman Butt invest in?

Salman Butt invests primarily in FinTech, Financial Services and SaaS startups, most often at Seed and Angel stage. Most of the 14 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 Salman Butt's check size?

Salman Butt typically joins rounds of $2M–$4M at Seed and $1M–$1M at Pre-Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Salman Butt participates in.

### When did Salman Butt last invest?

The most recent investment recorded for Salman Butt closed in Jun 2026. Shizune tracks 14 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