# Tharawat Holding

> Tharawat Holding is a VC fund in Riyadh backing SaaS and FinTech. See 4 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Riyadh, Saudi Arabia
- Total investments: 4
- Last investment: Dec 2025
- Lead investor: 100%
- Last updated: Aug 2026
- LinkedIn: https://in.linkedin.com/company/tharawat-holding-company
- Website: http://www.tharawat.com.sa/

Tharawat Holding is a VC fund in Riyadh focused on SaaS and FinTech. Tharawat Holding is building a strong portfolio of businesses that supply the Saudi market with top-class quality products and services. Tharawat Group has strategic investments and partnerships with a lot of companies working in various investments such as Al-Olaibi Group for Transport, Arkan Al-Solb Steel Co, Kiram Investment & Developmentand Kanolli (Kimma Cone Ice Cream Biscuits). Tharawat Holding Company is building a strong portfolio of businesses that supply the Saudi market with top-class quality products and services. Our subsidiaries diverse businesses include real estate, construction, education, sport development, food and beverage, telecommunications, steel and others.

## Contacts

5 contacts available for Tharawat Holding. Shizune tracks 2 team members at Tharawat Holding. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/tharawat-holding?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| SaaS | 1 | 25% |
| FinTech | 1 | 25% |
| InsurTech | 1 | 25% |
| Advertising | 1 | 25% |
| Digital Media | 1 | 25% |

11 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 1 | 25% |
| Pre-Seed | 1 | 25% |
| Debt Financing | 1 | 25% |
| Venture - Series Unknown | 1 | 25% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United Arab Emirates | 2 | 50% |
| Egypt | 1 | 25% |
| Saudi Arabia | 1 | 25% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Dawood Khan Aljamaan | CEO & Office Manager | 0 | https://shizune.co/investors/profile/dawood-aljamaan |
| Turki Bin Salman Al Saud | Owner & Chairman | 0 | https://shizune.co/investors/profile/turki-bin-salman-al-saud |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Lucid Capital | Lucid Capital is a quantitative algo fintech company specializing in algorithmic trading and quantitative investment strategies. The firm leverages advanced data analytics, machine learning, and high-frequency trading models for consistent returns in global financial markets and crypto. | $2.5M | Seed | Dec 22, 2025 | https://www.lucidca.com/ |
| Klaim | Klaim is an InsureTech platform offering a SaaS medical claim management and financing platform all in one. They provide them with total visibility on their revenue cycle, increase their revenue through reduced claim processing time and errors, and faster payments. | $16M | Debt Financing | Mar 07, 2025 | https://www.klaim.ai/ |
| Open Valley | Open Valley is a telecom sector startup offering a 100% open-source AI platform for zero-touch mobile network infrastructure operations. | $80K | Pre-Seed | Jan 01, 2022 | https://x.com/openvalley_mea |
| Adzily | Adzily is a digital advertising platform that mixes between traditional advertising and digital advertising. Users can reach their audience using Display screens and get rich audience insights available on digital advertising as well. Adzily is the first indoor advertising platform in MENA. The network is available in the most crowded places suchas Cafes, Restaurants, and Gyms.It was founded in 2018 by Ahmed Ashoor, Mostafa Hendawy, Mostafa Kamshish, and Mohamed Ossman. It is headquartered in Sheikh Zayed City, Egypt. | $12.2M | Venture - Series Unknown | Nov 27, 2019 | https://x.com/Adzilyads |

4 of 4 investments shown.

## Co-investors
- [Singular Link](https://shizune.co/investors/profile/singular-link) — VC Fund, 1 deal together

## Similar investors

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### Similar stage
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## Featured in investor lists
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## FAQ

### What does Tharawat Holding invest in?

Tharawat Holding invests primarily in SaaS, FinTech and InsurTech startups, most often at Seed and Pre-Seed stage. Most of the 4 investments tracked by Shizune back companies in United Arab Emirates. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Tharawat Holding?

Public channels for Tharawat Holding include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Tharawat Holding?

The team at Tharawat Holding includes Dawood Khan Aljamaan (CEO & Office Manager) and Turki Bin Salman Al Saud (Owner & Chairman). The Team section lists each member with their title, investment count and links.

### 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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