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Trey Goede, Investment Manager at Saudi Aramco Entrepreneurship Ventures

Trey Goede

Investment Manager @ Saudi Aramco Entrepreneurship Ventures

Trey Goede is a Series B investor at Saudi Aramco Entrepreneurship Ventures focused on FinTech and Payments. Theodore L. ("Trey") Goede III is currently Head of Portfolio Management for Aramco Entrepreneurship Ventures, a $200MM venture fund launched by Saudi Aramco in 2013 to diversify the Kingdom’s economy and create high quality Saudi jobs. After participating in fund formation, Mr. Goede helped lead the fund through its first 15 approvedtransactions in 3.5 years. Mr. Goede also currently sits on the Board of Directors of three Aramco Entrepreneurship Ventures portfolio companies, PayTabs, an online payment services company, Geophysical Equipment Factory Limited, an oil and gas exploration and geophysical equipment manufacturing company, and Virtual Vision, an ICT services company specializing in cloud solutions and infrastructure optimization. Mr. Goede is also an Advisory Board Member for the College of Engineering at Prince Mohammad bin Fahd University. Recently, Mr. Goede helped to create and launch a Professional Certification in Innovation for Saudi Aramco as an Instructor, where the class is now being offered on a quarterly basis.Previously, Mr. Goede was Chief Executive Officer of Affinity Wind, LLC, a wind energy development company, which he founded in 2007. After raising $1.5MM from individual investors and a major university, and then forming a strategic joint venture with turbine manufacturer Suzlon Corporation for an additional $3MM of funding, Affinity developed a portfolio of wind projects located in the United States.He was formerly Executive Vice President of River City Internet Group, LLC, a privately-held investment and holding company focused on developing, owning and operating businesses primarily in the Information Communication Technology (“ICT”) sector. While at River City Internet Group, Mr. Goede started several businesses related to technology and telecommunications, including Electric Internet, a Broadband over Power Line joint venture with a United States public utility, Ameren Corporation.Previously in 1998, he was Vice President of Primary Network, which Mr. Goede helped develop into one of the nation's largest regional ISPs before raising over $50 million to fund its growth to offer local and long-distance telephone and DSL services. In 1999, Primary Network was recognized as the fastest growing technology company in the St. Louis area, and the thirteenth fastest in the United States.Mr. Goede was recognized by Fast Forward/St. Louis Business Journal as one of the publication's “30 under 30” business people, twice recognized as one of the Most Influential St. Louisans (2011 and 2012), along with Who’s Who in Energy honors in 2012. Mr. Goede served on Missouri Governor Bob Holden's Information Technology Roundtable Committee and contributed to a Battelle Memorial Institute study related to technology. Mr. Goede has served on a number of Boards including Affinity Wind, Ameren Pure Power, FinServe Tech Angels, Boston College Energy and Environment Alumni Network, Missouri Department of Economic Development-Energy Sector, Missouri Association of PACE Professionals, Cultivation Capital (Entrepreneur In Residence) and River City Internet Group. Mr. Goede was an adjunct professor in the Business School’s Entrepreneur Department at St. Louis University from 2004-2012, the 7th best Entrepreneur program in the United States. Mr. Goede holds a Bachelor of Science in Marketing and a Bachelor of Science in Business Operations and Strategic Management, both from Boston College.

Total investments:
1
Last investment:
Lead investor:
100%

Last updated:

Industries Trey Goede invests in

FinTechPaymentsE-CommerceMobile PaymentsFinancial Services

Stages Trey Goede invests in

Series B

Countries Trey Goede invests in

Saudi Arabia

Investment Focus

Industry

  • FinTech 1 (100%)
  • Payments 1 (100%)
  • E-Commerce 1 (100%)
  • Mobile Payments 1 (100%)
  • Financial Services 1 (100%)

Investments

CompanyDescriptionRoundLinks
PayTabs PayTabs
PayTabs is an innovative new economy payment processing and fraud prevention company built to provide buyers and sellers an advanced technology to pay and get paid. $5.3M / Series B / Jan 01, 2017
Saudi Aramco Entrepreneurship Ventures

About Saudi Aramco Entrepreneurship Ventures

VC Fund · Dhahran, Saudi Arabia

Wa’ed Ventures is the venture capital arm of Saudi Aramco Entrepreneurship Center (Wa’ed), established by Saudi Aramco with the vision of igniting the spirit of entrepreneurship in the Kingdom of Saudi Arabia. Wa’ed has deployed a suite of programs over the years to assist entrepreneurs in establishing, enhancing, or expanding their ventures. Theseprograms comprise development and financial support including business incubation, coaching and training to guide and nurture entrepreneurs along different business stages, seed funding, non-collateral loans, venture capital (equity/debt) investment, and business development. These programs support the development of small- and medium-sized enterprises (SMEs) capable of localizing industries and diversifying the Kingdom’s economy. Wa’ed also collaborates and engages with key players in order to create an effective entrepreneurship ecosystem.Wa’ed aspires to provide leadership in promoting entrepreneurship to support economic growth, diversification, and social development in Saudi Arabia, in alignment with the Kingdom’s strategic thrust into moving towards a knowledge-based economy. The organization aims to turn innovative ideas into successful projects, create and support sustainable SMEs, and develop entrepreneurs into successful business owners.Wa’ed Ventures aims to fuel the growth of high potential companies, thereby promoting economic development in Saudi Arabia with job creation for Saudi nationals, technological improvement, knowledge transfer, economic diversification, and economic growth within the Kingdom. The firm focuses on seed, early, and growth-stage businesses across a diverse range of sectors including information and communication technology (ICT), energy, manufacturing, healthcare, and services – from mobile application platforms and technologies to industrial equipment manufacturing to advanced software solutions.

Saudi Aramco Entrepreneurship Ventures Contacts

NameEmailPhoneSocials
Khalil A. Al-Shafei
Khalil A. Al-Shafei CEO and Managing Director
Muhammad Zeeshan Hassan
Muhammad Zeeshan Hassan Investment Director
Trey Goede
Trey Goede Investment Manager
Wassim Basrawi Managing Director
Ziad Abdulaal
Ziad Abdulaal Investment Manager

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FAQ

What does Trey Goede invest in?

Trey Goede invests primarily in FinTech, Payments and E-Commerce startups, most often at Series B 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 Trey Goede last invest?

The most recent investment recorded for Trey Goede closed in Jan 2017. 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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