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Top 30 Retail Startup Investors in Saudi Arabia (August 2026)

The most active venture capital funds and angel investors investing in Saudi Arabia Retail startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Saudi Arabia Retail startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Shorooq Partners
VC Fund
10 United Arab Emirates, Saudi Arabia, United States Seed, Series A, Pre-Seed Financial Services, FinTech, E-Commerce $600k–$33M
Arzan Venture Capital
VC Fund
5 United Arab Emirates, Egypt, Saudi Arabia Seed, Series A, Pre-Seed Software, E-Commerce, Financial Services $180k–$25M
Abercross Holdings
VC Fund
4 Saudi Arabia, United States Seed, Series A, Private Equity B2B, Retail, Software $6.7M–$6.7M
AgFunder
VC Fund
3 United States, United Kingdom, India Seed, Series A, Pre-Seed Agriculture, AgTech, Biotechnology $100k–$29M
Touma Group
VC Fund
3 Lebanon, Saudi Arabia, United Kingdom Pre-Seed SaaS, Retail, FinTech $200k–$300k
Oqal
VC Fund
3 Saudi Arabia, United Arab Emirates, Egypt Seed, Pre-Seed, Series A E-Commerce, Software, Information Technology $100k–$10M
Aujan Group Holding
VC Fund
2 Kuwait, Saudi Arabia Seed, Series A, Venture - Series Unknown B2B, Retail, E-Commerce
Khwarizmi Ventures
VC Fund
2 Saudi Arabia, United Arab Emirates, Egypt Seed, Series A, Pre-Seed Software, E-Commerce, FinTech $1M–$37M
Graphene Ventures
VC Fund
2 United States, Brazil, Saudi Arabia Series A, Seed, Series F Software, Health Care, Information Technology $1.4M–$27M
Sukna Ventures
VC Fund
2 United States, Saudi Arabia, United Arab Emirates Seed, Venture - Series Unknown, Series A Software, Information Technology, FinTech $100k–$40M
SEEDRA Ventures
VC Fund
2 Saudi Arabia, United Arab Emirates, Egypt Seed, Series A, Pre-Seed FinTech, Financial Services, Predictive Analytics $120k–$40M
Tech Invest Com
VC Fund
2 Saudi Arabia, United Arab Emirates, Jordan Series A, Seed, Series B E-Commerce, Predictive Analytics, Retail $2M–$29M
Elm
VC Fund
2 Saudi Arabia, India, Nigeria Seed, Series A, Series B Artificial Intelligence, SaaS, E-Commerce $2M–$50M
Vision Ventures
VC Fund
2 Saudi Arabia, United Arab Emirates, Egypt Seed, Series A, Pre-Seed Information Technology, Software, E-Commerce $60k–$27M
Impact46
VC Fund
2 Saudi Arabia, United Arab Emirates, United States Seed, Series A E-Commerce, Financial Services, Gaming $1M–$22M
MSA Novo
VC Fund
1 Egypt, India, Pakistan Seed, Pre-Seed, Series A Financial Services, E-Commerce, FinTech $1.5M–$32M
Agility Ventures
VC Fund
1 Saudi Arabia Seed Retail, Internet, E-Commerce
Entrée Capital
VC Fund
1 United States, Israel, United Kingdom Seed, Series A, Series B Software, FinTech, Financial Services $1.5M–$60M
Alsayer Group
VC Fund
1 Saudi Arabia Seed B2B, Retail, Internet
Saudi Venture Capital Company
VC Fund
1 Saudi Arabia, Germany, United States Seed, Series A, Series B FinTech, Software, E-Commerce $427k–$124M
Global Ventures
VC Fund
1 United Arab Emirates, Egypt, United States Seed, Series A, Series B Health Care, FinTech, Software $1.2M–$50M
92 Ventures
VC Fund
1 Pakistan, Panama, Saudi Arabia Pre-Seed, Seed, Series B Software, Logistics, E-Commerce $1.5M–$35M
Ali Aziz
Angel
1 Pakistan, Saudi Arabia, United States Pre-Seed, Seed, Angel Retail, E-Commerce, B2B
HALA Capital
VC Fund
1 Saudi Arabia, United Arab Emirates, Egypt Seed, Series A, Venture - Series Unknown FinTech, Financial Services, Software $450k–$440M
Riyad TAQNIA Fund (RTF)
VC Fund
1 Saudi Arabia, United Arab Emirates, Jordan Series A, Series B, Seed Artificial Intelligence, Internet, Software $1M–$125M
MSA Capital
VC Fund
1 China, United States, Egypt Series A, Seed, Series B E-Commerce, Financial Services, Biotechnology $1.5M–$130M
Yusuf Bin Ahmed Kanoo
VC Fund
1 Saudi Arabia Venture - Series Unknown B2B, Retail, E-Commerce
Mentors Fund
VC Fund
1 United States, Pakistan, Turkey Seed, Pre-Seed, Series A Health Care, Software, Information Technology $125k–$29M
Musaab Hakami
Angel
1 United States, Saudi Arabia, United Arab Emirates Seed, Pre-Seed, Series A FinTech, Financial Services, Software $50k–$7.4M
Nama Ventures
VC Fund
1 Saudi Arabia, Egypt, United States Seed, Pre-Seed, Series A E-Commerce, Information Technology, B2B $100k–$35M
Access all 69 investors in Saudi Arabia Retail startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Shorooq Partners
VC Fund · Abu Dhabi, Abu Dhabi, United Arab Emirates · 10 investments in Saudi Arabia Retail startups

Shorooq Partners is the leading tech investor in the region, inspired by the best entrepreneurs, investors and practices from around the world.

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Investment focus

  • Industry: Financial Services, FinTech, E-Commerce
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Arab Emirates, Saudi Arabia, United States

Investor stats

  • Total investments: 194
  • Round size: Seed $600k–$10M; Pre-Seed $2M–$4.5M; Series A $2M–$33M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: Likely still investing — raised $100M in 2024

Portfolio highlights

  • Aumet — Aumet allows medical manufacturers and distributors increase their sales by sharing hospital inquiries, business news, search for products, and find potential clients.Manufacturers and distributors who work together connect and get verified so they share hospital inquiries, market business news between each other .Suppliers list their productsand connect with distributors who sell these products and select countries, where they are looking for distributors, in the meantime distributors, connects with their suppliers, search for new product and list their interests.
  • Comfi.ai — Unlock B2B Growth in MENA: Streamline Payments & Offer Credit with Comfi BNPL
  • Halo AI — Halo AI provides autonomous influencer marketing solutions.
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Arzan Venture Capital
VC Fund · Kuwait, Al Kuwayt, Kuwait · 5 investments in Saudi Arabia Retail startups

Arzan Venture Capital (Arzan VC) is a Kuwait-born VC firm that has been investing in startups with a MENA angle since 2014, making it one of the earliest VC firms in the region. Arzan VC's portfolio includes 30+ startups. The firm invests in young, fast-growing and innovative tech teams and it remains committed to building long-lastingrelationships with the region’s most talented entrepreneurs at an early stage.

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Investment focus

  • Industry: Software, E-Commerce, Financial Services
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Arab Emirates, Egypt, Saudi Arabia

Investor stats

  • Total investments: 59
  • Round size: Seed $600k–$3.7M; Pre-Seed $180k–$1.7M; Series A $3M–$25M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Yasmina — Yasmina offers AI-driven Home & Renters Insurance services.
  • yozo.ai — Hire an all-in-one AI marketing team for a fraction of the cost. Yozo never forgets, learns from every interaction, and does better every time!
  • Money Fellows — MoneyFellows digitizes the ROSCA model, enabling group lending and savings.
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Abercross Holdings
VC Fund · London, England, United Kingdom · 4 investments in Saudi Arabia Retail startups

Investing in privately owned, profitable, high growth, medium sized UK companies.

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Investment focus

  • Industry: B2B, Retail, Software
  • Stage:Seed, Series A, Private Equity
  • Geography: Saudi Arabia, United States

Investor stats

  • Total investments: 5
  • Round size: Seed $6.7M–$6.7M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Retailo Technologies — Retailo is an online regional B2B marketplace platform that serves small and medium-sized retail businesses, including kiryana and baqala stores, in the MENAP region. We are using technology to digitize and streamline the retail sector to make it more efficient.
  • Complete Business Solutions — Complete Business Solutions provides affordable business solutions for accounting, payroll, human resource, and personnel needs.
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AgFunder
VC Fund · San Francisco, California, United States · 3 investments in Saudi Arabia Retail startups

AgFunder is a global venture capital firm backing deeptech platforms across AI, biotech, robotics, manufacturing, climate, and materials.

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Investment focus

  • Industry: Agriculture, AgTech, Biotechnology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, United Kingdom, India

Investor stats

  • Total investments: 156
  • Round size: Seed $700k–$9M; Pre-Seed $100k–$1.1M; Series A $4.4M–$29M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely still investing — raised $60M in 2022

Portfolio highlights

  • Scindo — Creating a novel biological process to turn low-value plastic landfill waste into high-value molecules.
  • Atomo Coffee — Atomo Coffee is a developer of molecular coffee. Atomo has reverse-engineered the coffee bean to create a smooth cup of coffee, made of naturally derived ingredients, and more sustainable than current commercial coffee.
  • Resurrect Bio — Resurrect Bio is a disease resistance trait discovery company. Using AI and our high-throughput in planta screening platform we provide traits for breeders.
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Touma Group
VC Fund · Beirut, Beyrouth, Lebanon · 3 investments in Saudi Arabia Retail startups

Business Investments, Import & Export

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Investment focus

  • Industry: SaaS, Retail, FinTech
  • Stage:Pre-Seed
  • Geography: Lebanon, Saudi Arabia, United Kingdom

Investor stats

  • Total investments: 7
  • Round size: Pre-Seed $200k–$300k
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • AlgoTraders — Launch systematic strategies without building the whole quant infrastructure team: data, backtesting, execution, reporting, compliance and agentic-AI workflows. On our cloud or yours. Winner, Hedgeweek European Awards 2026.
  • Golden Fist — Popcorn Machines Saudi Arabia Popcorn Warmers Cinema Concessions Saudi Arabia Party Supplies Saudi Arabia Nacho Machines Saudi Arabia Fresh Corn Slush Machines Icetro Sno biz
  • Central Limit Technologies — Professional investment strategies often require many years of work and significant financial investments in buying and managing financial data, maintaining old systems, and handling various technical challenges. Our technology takes care of all these aspects, allowing you to concentrate on creating robust and diversified portfolios.
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Oqal
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 3 investments in Saudi Arabia Retail startups

Oqal Group was formed as an endowment group by a group of young businessmen to be a platform that brings together angel investors and emerging entrepreneurs to form partnerships of economic feasibility that raise the welfare of society and enhance the quality of life. It enables the founders of entrepreneurial startups to develop innovative andfast-growing startups in a variety of sectors by providing access to smart capital and experienced angel investors.

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Investment focus

  • Industry: E-Commerce, Software, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Saudi Arabia, United Arab Emirates, Egypt

Investor stats

  • Total investments: 127
  • Round size: Seed $100k–$2.1M; Pre-Seed $220k–$1M; Series A $133k–$10M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Nqoodlet — Nqoodlet is a fintech company that develops an expense management platform to help small and medium-sized enterprises manage their spending, expenses, and purchases through the credit cards given to the employees. Its expense management platform enables enterprises to streamline their financial operations. By allowing businesses to register bills,track purchases, and manage expenses in one centralized system, the platform offers real-time visibility into all transactions made via corporate cards issued to employees. This solution simplifies the expense reporting process, enhances transparency, and improves financial control across the organization.
  • Siin — E-commerce Marketplace
  • Mantas — Cloud outage insurance, built for cloud-first businesses. #ParametricInsurance
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Aujan Group Holding
VC Fund · Dubai, Dubai, United Arab Emirates · 2 investments in Saudi Arabia Retail startups

Aujan Group Holding (AGH) is a diversified holding company, active in a wide range of industries, including FMCG, Hospitality & Real Estate, and Packaging Materials. A family business with a history dating back over a hundred years and a deep-rooted pioneering spirit, AGH has successfully leveraged its brand building and market developmentskills along with proven industry experience to drive sustainable profitable growth within the Middle East and Africa regions.

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Investment focus

  • Industry: B2B, Retail, E-Commerce
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Kuwait, Saudi Arabia

Investor stats

  • Total investments: 3
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Waves — Waves is an apps service provide information and internet that entertainment and enjoyment.
  • Retailo Technologies — Retailo is an online regional B2B marketplace platform that serves small and medium-sized retail businesses, including kiryana and baqala stores, in the MENAP region. We are using technology to digitize and streamline the retail sector to make it more efficient.
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Khwarizmi Ventures
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 2 investments in Saudi Arabia Retail startups

Khwarizmi Ventures is a venture capital firm that seeks investments in startups with a passion for algorithms. It seeks to help create their vision, as they embark on a journey together that aligns their goals to improve quality of life using technology powered by algorithms. .

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Investment focus

  • Industry: Software, E-Commerce, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Saudi Arabia, United Arab Emirates, Egypt

Investor stats

  • Total investments: 60
  • Round size: Seed $1.6M–$16M; Pre-Seed $1M–$2.4M; Series A $5.5M–$37M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Aya — Aya is a modest fashion e-commerce platform that strives to unite the fragmented modest fashion industry into a single discovery platform.
  • Hala — Hala offers a payment and wallet solution for individuals and point-of-sale (PoS) services that enable merchants to accept credit card payments.
  • RemotePass — RemotePass makes it easy to hire, onboard & pay your global team in full compliance, giving you everything you need to support them
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Graphene Ventures
VC Fund · Palo Alto, California, United States · 2 investments in Saudi Arabia Retail startups

Graphene - venture fund for innovative startups.

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Series A, Seed, Series F
  • Geography: United States, Brazil, Saudi Arabia

Investor stats

  • Total investments: 58
  • Round size: Seed $1.4M–$7M; Series A $5.1M–$27M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • CUB — CUB develops a platform that automates the management of receivables and after-sales for subdivisions. It replaces manual routines to save time, and resources, and reduce bad debt.
  • Decoda Health — Decoda Health is building the most powerful AI-enabled platform for medical practices.
  • Smartlens — Smartlens, Inc. is a medical technology company making non-invasive soft contact lenses as a convenient and affordable way of diurnal IOP (eye pressure) measurement. Smartlens helps with screening, diagnosis, and treatment of Glaucoma - the leading cause of irreversible blindness.
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Sukna Ventures
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 2 investments in Saudi Arabia Retail startups

Sukna ventures is a venture studio and fund based in Saudi Arabia.

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Investment focus

  • Industry: Software, Information Technology, FinTech
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: United States, Saudi Arabia, United Arab Emirates

Investor stats

  • Total investments: 48
  • Round size: Seed $100k–$9M; Series A $10M–$40M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • Flend — Egypt’s first tech enabled, data driven financing solutions platform dedicated to small businesses.
  • Anecdote
  • InfiniLink — Empowering Hyperscale Datacenters Building Energy-Efficient Ultra-High-Speed Connectivity Solutions
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
SEEDRA Ventures
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 2 investments in Saudi Arabia Retail startups

SEEDRA Ventures invests in companies from the very first stages of inception to Series-A and beyond, providing financing and hands-on development support.

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Investment focus

  • Industry: FinTech, Financial Services, Predictive Analytics
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Saudi Arabia, United Arab Emirates, Egypt

Investor stats

  • Total investments: 49
  • Round size: Seed $1.3M–$5.6M; Pre-Seed $120k–$525k; Series A $1.3M–$40M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Madeed — Madeed is a privately held company that works in the facilities and health care distribution industry.
  • Lola Do — Lola, Cake for every occasion, Customized your cake selections and Lola will bake it with love!
  • RIME — A specialized Saudi company providing AI driven solutions, integrated with branch monitors and IoT. Utilizing AI agents
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Tech Invest Com
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 2 investments in Saudi Arabia Retail startups

Saudi technology investment company established in 2005. We invest in growth stage tech startups in Saudi Arabia & Middle East North Africa (MENA) region

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Investment focus

  • Industry: E-Commerce, Predictive Analytics, Retail
  • Stage:Series A, Seed, Series B
  • Geography: Saudi Arabia, United Arab Emirates, Jordan

Investor stats

  • Total investments: 20
  • Round size: Seed $2M–$10M; Series A $3.5M–$29M; Series B $12M–$28M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Anecdote
  • Merit Incentives — Seamless, API-driven solutions connecting you to a global network of 7,000+ brands, enabling real-time, instant gratification across 155+ countries.
  • 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.
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Elm
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 2 investments in Saudi Arabia Retail startups

Elm offer a wide range of ready-made and customized digital solutions in many areas. The company provides products that are seemingly tailored to customers' needs and aspirations.

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Investment focus

  • Industry: Artificial Intelligence, SaaS, E-Commerce
  • Stage:Seed, Series A, Series B
  • Geography: Saudi Arabia, India, Nigeria

Investor stats

  • Total investments: 20
  • Round size: Seed $2M–$7.4M; Series A $2.3M–$21M; Series B $19M–$50M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Reachware — Reachware is the top IPaaS in the Middle East, connecting systems for a unified ecosystem. Trusted by global enterprises. Learn more.
  • Syarah — Syarah is an online cars marketplaces.
  • Youverify — Youverify helps businesses and individuals confirm identity and physical addresses. Using AI, Youverify confirms a user’s identity document and compares it with their facial biometrics. This information can be cross-checked against more than 300 databases locally and globally.Youverify in partnership with over 20,000 field verification officersverifies physical addresses all over Sub-Sahara Africa in less than 48 hours.Youverify fills the gap in Africa's digital industry by providing one API for identity and physical address verification.
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Vision Ventures
VC Fund · Dammam, Ash Sharqiyah, Saudi Arabia · 2 investments in Saudi Arabia Retail startups, 10 in the past 12 months

Vision Ventures (VV) is an early stage venture capital firm founded by experienced entrepreneurs. Its slogan is:"By Entrepreneurs for Entrepreneurs". We invest in innovative startups in the Seed and Series A across a wide range of verticals. We help startups realize their dreams and make a difference in a noisy world. We are an energeticteam that has a wealth of experience in starting companies and steering them to success and hyper growth. Our combined experience spans over 90 years in multiple countries which gives us extensive experience in multi-national, multi-cultural teams. We provide startups with hands on assistance and guidance on marketing, sales, product/service development, financial planning and management, expansion & growth strategy, and more.

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Investment focus

  • Industry: Information Technology, Software, E-Commerce
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Saudi Arabia, United Arab Emirates, Egypt

Investor stats

  • Total investments: 126
  • Round size: Seed $190k–$5.2M; Pre-Seed $60k–$1.6M; Series A $1.5M–$27M
  • Lead/follow: 22% lead, 78% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Madeed — Madeed is a privately held company that works in the facilities and health care distribution industry.
  • DEEP.SA — DEEP.SA develops artificial intelligence engines and intelligent agents that support both consumer-facing and government-focused applications. It offers secure platforms for controlled access to AI models, incorporating knowledge graph-driven tools such as GraphI to convert complex data relationships into actionable insights for decision-making.The company deploys virtual assistants (for instance, KADI) and AI-powered search capabilities tailored to structured and unstructured data environments. Its offerings emphasize compliance with privacy and regulatory standards while enabling technology-driven transformation across different client domains.
  • Lola Do — Lola, Cake for every occasion, Customized your cake selections and Lola will bake it with love!
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Impact46
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 2 investments in Saudi Arabia Retail startups, 11 in the past 12 months

Impact 46 is an asset manager and advisor that specializes in alternative investment opportunities. The firm provides innovative investment products and services to local & international institutions, family groups, endowments, and high net worth investors.

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Investment focus

  • Industry: E-Commerce, Financial Services, Gaming
  • Stage:Seed, Series A
  • Geography: Saudi Arabia, United Arab Emirates, United States

Investor stats

  • Total investments: 85
  • Round size: Seed $1M–$5M; Series A $5M–$22M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • CashIn — Cashin to Lead the Digital Transformation in Petrol Stations!
  • Ash Games Studio — Ash Games Studio develops and publishes interactive video games. Available materials indicate a focus on original titles alongside contract game development services for partners. Work typically spans concept, design, prototyping, programming, art, and testing, followed by content updates and live support. Offerings may include co-development andcontent production for mobile and PC releases, along with community and analytics support.
  • Majestic Mind Games — Majestic Mind Games is a game studio creating strategic, mind-engaging video games.
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MSA Novo
VC Fund · Singapore, Central Region, Singapore · 1 investments in Saudi Arabia Retail startups

MSA Novo, a multi-stageglobal venture capital firm, boasts a diverse portfolio of startups and established businesses in tech, fintech, and consumer sectors.

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Investment focus

  • Industry: Financial Services, E-Commerce, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Egypt, India, Pakistan

Investor stats

  • Total investments: 61
  • Round size: Seed $1.5M–$11M; Pre-Seed $1.5M–$6.5M; Series A $6.6M–$32M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Kaso — Elkaso is the leading Order and Procurement Management Tool for Restaurants and Suppliers in the Middle East.
  • Tap Protocol — Tap Protocol is a protocol that focuses on the development of bitcoin capabilities through the Ordinals system.
  • Yellow Metal — Fintech company that provides Gold loan
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Agility Ventures
VC Fund · Prescott, Arizona, United States · 1 investments in Saudi Arabia Retail startups

Agility Ventures specializes in financing and consulting for the Broadband Industry. Founded by owners and managers of successful Wireless Internet Service Providers (WISPs) and technology finance companies, Agility offers a compelling partnership for their clients, manufacturers, distributors and users of wireless technology.

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Investment focus

  • Industry: Retail, Internet, E-Commerce
  • Stage:Seed
  • Geography: Saudi Arabia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Zid — Zid is an e-commerce in a box - solution that any retailer can use to start their eRetail. Zid helps them to build their own eStores (with their own name and identity) and integrates them with the supply chain players to enable them to manage and with ease. The company aims to enable the retail sector to enter the world of electronic retail in aneasy and professional.Zid was founded in 2017 and based in Riyadh, Ar Riyad, Saudi Arabia.
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Entrée Capital
VC Fund · London, England, United Kingdom · 1 investments in Saudi Arabia Retail startups

We are a team of former serial founders managing $1.5Bn across a number of funds, with offices in Tel Aviv, London, and New York. We back the next generation of category-defining companies with conviction of founders who have built companies themselves.We back founders with a partnership built on trust, fairness and real operating experience. Westand with founders through every challenge, and help them grow with clarity, resilience and purpose.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: United States, Israel, United Kingdom

Investor stats

  • Total investments: 278
  • Round size: Seed $1.5M–$15M; Series A $5M–$30M; Series B $14M–$60M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely still investing — raised $300M in 2022

Portfolio highlights

  • Classiq Technologies — A software platform that helps users create scalable complex quantum computer algorithms, software, and circuits for any gate-based quantum computer
  • Identiq — Identiq's network members fight fraud and improve user experience by validating new users and vouching for ones they already know without sharing any personal user data at all.
  • IRP Systems — IRP Systems delivers high performance electric vehicle systems, EVVER e-powertrains and TrueDRIVE control software for fast integration.
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Alsayer Group
VC Fund · Kuwait, Al Kuwayt, Kuwait · 1 investments in Saudi Arabia Retail startups

ALSAYER Group is one of the leading family owned groups in Kuwaitand the GCC with diversified businesses

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Investment focus

  • Industry: B2B, Retail, Internet
  • Stage:Seed
  • Geography: Saudi Arabia

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Qawafel — Qawafel Company for E-Marketing is an electronic platform for the exchange of perishable food products between shops and producers. It is a platform for e-commerce for food suppliers and retailers.
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Saudi Venture Capital Company
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Retail startups

SVC has backed 31 VC and PE Funds and 5 Angel Groups that supported 525 Startups and SMEs via $1.6 Billion AUM INVESTMENTS 1.

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Investment focus

  • Industry: FinTech, Software, E-Commerce
  • Stage:Seed, Series A, Series B
  • Geography: Saudi Arabia, Germany, United States

Investor stats

  • Total investments: 32
  • Round size: Seed $427k–$10M; Series A $1.1M–$27M; Series B $5M–$124M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Salasa — End-to-End eCommerce Logistics to Scale Your BusinessWe store, pack, and deliver your products to happy customers anywhere on Earth.
  • Stitch — The simplest way to build financial products. Stitch is the unified platform to launch and scale. Shaping the new age of banking and payments.
  • Baraya Extended Care — Baraya is a company specializing in rehabilitation treatment, committed to providing high-quality rehabilitation treatment services to patients.
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Global Ventures
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Saudi Arabia Retail startups

We back global-minded, growth-stage and technology-focused founders in emerging markets and the world.

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Investment focus

  • Industry: Health Care, FinTech, Software
  • Stage:Seed, Series A, Series B
  • Geography: United Arab Emirates, Egypt, United States

Investor stats

  • Total investments: 122
  • Round size: Seed $1.2M–$11M; Series A $3M–$25M; Series B $8M–$50M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: Likely still investing — raised $85M in 2022

Portfolio highlights

  • Maalexi — We are a deal-driven and buyer-focussed digital ecosystem for 'Wholesale Import and Finance of Food and Agriculture products into US, Europe, Africa, India and the UAE'. We make it faster, cheaper and safer to trade internationally, by standardizing and digitalizing trade processes, and have built key partnerships with globally renownedcompanies, that assure performance, finance, and mitigate transactional risks.We help local SME manufacturers and distributors to import and get finance for food and agricultural products directly from the source. Agricultural products can be imported by local manufacturers directly from small and medium co-operatives and processors, while food products can be imported directly by local distributors from manufacturers. We help buyers connect and transact with sellers by mitigating transactional risks in cross-border trade like : Counter-party, Price, Product Quality and Quantity, Delivery and Payment. We have partnerships that allow us to provide - digital contracting, end-to-end fulfillment, physical inspections, and secured payments. We are partnered with globally renowned - Distributed Ledger Technology platform, Logistics Service companies, Insurance providers, an Inspection Agency, and Financial Service fin-tech firms. We work 24x7, 365 days to 'simplify cross-border trade', and we invite you to join us in this endeavor.
  • PoliCloud — PoliCloud is a cost-effective, sustainable, and independent cloud solution designed for people that desire complete control over their data.
  • Antimatter — Antimatter builds AI infrastructure designed for real-world limits: energy, geography, and deployment time. Faster to deploy and lower cost than hyperscale models.
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92 Ventures
VC Fund · 1 investments in Saudi Arabia Retail startups

92 Ventures is a venture capital firm.

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Investment focus

  • Industry: Software, Logistics, E-Commerce
  • Stage:Pre-Seed, Seed, Series B
  • Geography: Pakistan, Panama, Saudi Arabia

Investor stats

  • Total investments: 12
  • Round size: Seed $1.5M–$3.3M; Pre-Seed $1.5M–$6M; Series B $35M–$35M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Oware — Check out AirLink, a cool and modern website template for SaaS businesses. It's easy to use and can make your website look awesome. Try it out now and make your SaaS business stand out online.
  • Zaraye — Zaraye is a secure, user-friendly B2B platform that facilitates the free exchange of raw materials through a reverse-bidding model. It help the customers get the best prices at the fastest rate while preserving their autonomy to choose suppliers effortlessly. Conversely, It suppliers are guaranteed detailed insights about buyer behaviour, whichaids them in providing tailor-made orders to increase conversions and client satisfaction.
  • Steady Energy — Steady Energy aims to decarbonize the energy-intensive heating industry starting with residential and district heating.
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Ali Aziz
Angel · Lahore, Punjab, Pakistan · 1 investments in Saudi Arabia Retail startups

Ali Aziz is a Founder and CEO at XStak Inc. He attended Free University of Brussels.

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Investment focus

  • Industry: Retail, E-Commerce, B2B
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Pakistan, Saudi Arabia, United States

Investor stats

  • Total investments: 4
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • reboxed — Buy refurbished iPhones, Samsungs, Airpods & Eco-cases from Reboxed! We can save you 40% on refurbished Apply iPhones & Reconditioned Samsung phones.
  • Retailo Technologies — Retailo is an online regional B2B marketplace platform that serves small and medium-sized retail businesses, including kiryana and baqala stores, in the MENAP region. We are using technology to digitize and streamline the retail sector to make it more efficient.
  • Grandeur — One platform to rule all of IoT. Grandeur is message broker, auth, storage and app builder in a single package.
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HALA Capital
VC Fund · Khobar, Ash Sharqiyah, Saudi Arabia · 1 investments in Saudi Arabia Retail startups

Technology VC that empowers GCC’s startups in their early-growth stages.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Saudi Arabia, United Arab Emirates, Egypt

Investor stats

  • Total investments: 42
  • Round size: Seed $600k–$7M; Series A $500k–$35M; Venture - Series Unknown $450k–$440M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • 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.
  • intella — AI-powered voice agents, call center analytics, transcription, and speech-to-text for banks and telecoms across MENA. 86+ Arabic AI experts.
  • Quantum Platform — Quantum | B2B platform to acquire new customers, use our marketing & consumer behavior analysis tools to reach your exact target audience right to their doorsteps!
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Riyad TAQNIA Fund (RTF)
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Retail startups

Riyad TAQNIA Fund (RTF) is a venture capital fund investing in early stage technology companies around the globe. The fund is interested in post-revenue Seed through Series-B opportunities. RTF was founded by Riyad Capital Co. and TAQNIA and is backed by leading Saudi institutional investors.

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Investment focus

  • Industry: Artificial Intelligence, Internet, Software
  • Stage:Series A, Series B, Seed
  • Geography: Saudi Arabia, United Arab Emirates, Jordan

Investor stats

  • Total investments: 21
  • Round size: Seed $1M–$2.7M; Series A $2M–$23M; Series B $4M–$125M
  • Lead/follow: 57% lead, 43% follow

Portfolio highlights

  • Haseel — The new concept to meet your needs of vegetables and fruits selects you the best crops and the best prices in a way that is consistent with your digital age.
  • TruKKer — TRUKKER is one of the leading names of logistics & transportation companies in UAE, KSA, Egypt & across the GCC. We offer logistics & transport & truck rental services in the MENA Region. Call us on +971 600-524642.
  • Unifonic — Unifonic is a software-as-a-service (SaaS) company. It develops a communications platform used by organizations to send and manage messages and interactions across multiple channels such as SMS, voice calls, WhatsApp, and web chat through a single system.
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MSA Capital
VC Fund · Beijing, Beijing, China · 1 investments in Saudi Arabia Retail startups, 6 in the past 12 months

MSA Capital is a global venture capital and private equity firm that invests in technology-enabled companies from seed to growth stage. The firm manages capital from the world's top sovereign wealth funds, international asset managers, pension funds, university endowments, fund of funds, and family offices, as well as China's leading neweconomy entrepreneurs.

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Investment focus

  • Industry: E-Commerce, Financial Services, Biotechnology
  • Stage:Series A, Seed, Series B
  • Geography: China, United States, Egypt

Investor stats

  • Total investments: 148
  • Round size: Seed $1.5M–$11M; Series A $3.5M–$33M; Series B $10M–$130M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Sand.ai — Sand AI is an AI company that focuses on producing videos.
  • Memory tensor — Memory tensor designed with a focus on systematic innovation, grounded firmly in fundamental principles, serves as a powerful tool for scalable and adaptable intelligence. Its architecture emphasizes three core attributes: low cost, ensuring economic feasibility and accessibility; low illusion, reducing overfitting and minimizing hallucinations ormisleading outputs; and high generalization.
  • Westlake Lingxi — Neuralicorn is affiliated with Westlake University and develops BCI chips and Chinese/Mandarin neural decoding for language neuroprosthesis systems.
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Yusuf Bin Ahmed Kanoo
VC Fund · Manama, Al Manamah, Bahrain · 1 investments in Saudi Arabia Retail startups

Creating futures with a sustainable vision. YBA Kanoo has served as the region's largest multinational for more than 130 years.

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Investment focus

  • Industry: B2B, Retail, E-Commerce
  • Stage:Venture - Series Unknown
  • Geography: Saudi Arabia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Retailo Technologies — Retailo is an online regional B2B marketplace platform that serves small and medium-sized retail businesses, including kiryana and baqala stores, in the MENAP region. We are using technology to digitize and streamline the retail sector to make it more efficient.
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Mentors Fund
VC Fund · Redwood City, California, United States · 1 investments in Saudi Arabia Retail startups

Mentors Fund is a venture capital firm that invests in capital-efficient startups that aim to digitally disrupt traditional businesses.

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Investment focus

  • Industry: Health Care, Software, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Pakistan, Turkey

Investor stats

  • Total investments: 67
  • Round size: Seed $1M–$10M; Pre-Seed $125k–$3M; Series A $7M–$29M
  • Lead/follow: 1% lead, 99% follow

Portfolio highlights

  • Poltio — We help the world's top brands access, engage with and learn from their users with interactive content and declared data.
  • Nearsite — AI-powered enterprise procurement platform workforce and insurance housing
  • Clario — Clario identifies and eliminates redundant, obsolete, and trivial unstructured data so organizations reduce waste, lower risk, and create cleaner foundations for AI.
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Musaab Hakami
Angel · San Francisco, California, United States · 1 investments in Saudi Arabia Retail startups

Founder, Ex-GP. Ex-Entrepreneur. Ex-Computer Engineer. Angel Investor. BoD. Ex-CCO & CFO @trySaryApp

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Saudi Arabia, United Arab Emirates

Investor stats

  • Total investments: 39
  • Round size: Seed $584k–$6M; Pre-Seed $50k–$3M; Series A $5.2M–$7.4M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Lisan — Lisan AI is an AI technology company focused on enhancing enterprise productivity through intelligent automation and multilingual AI solutions. The company develops advanced tools that streamline communication, optimize workflows, and improve operational efficiency for organizations across diverse industries.Its flagship product, WriteX, is anAI-powered multilingual writing assistant that supports both Arabic and English. The platform provides grammar correction, style enhancement, intelligent autocompletion, and compliance checks, helping professionals create accurate, polished, and contextually appropriate content more efficiently.MeetriX serves as an intelligent meeting assistant designed to improve collaboration and productivity through automated note-taking, real-time meeting analytics, and actionable insights. The solution enables organizations to capture discussions effectively, streamline follow-ups, and enhance decision-making processes.In addition, NitroX offers AI-powered accelerators that automate complex document creation, chart generation, and workflow processes. By reducing manual effort and accelerating operational tasks, NitroX helps organizations improve efficiency, scalability, and overall productivity.Together, Lisan AI’s suite of AI-driven enterprise tools empowers businesses to modernize communication, automate repetitive tasks, and build more intelligent, efficient digital workplaces.
  • Maalexi — We are a deal-driven and buyer-focussed digital ecosystem for 'Wholesale Import and Finance of Food and Agriculture products into US, Europe, Africa, India and the UAE'. We make it faster, cheaper and safer to trade internationally, by standardizing and digitalizing trade processes, and have built key partnerships with globally renownedcompanies, that assure performance, finance, and mitigate transactional risks.We help local SME manufacturers and distributors to import and get finance for food and agricultural products directly from the source. Agricultural products can be imported by local manufacturers directly from small and medium co-operatives and processors, while food products can be imported directly by local distributors from manufacturers. We help buyers connect and transact with sellers by mitigating transactional risks in cross-border trade like : Counter-party, Price, Product Quality and Quantity, Delivery and Payment. We have partnerships that allow us to provide - digital contracting, end-to-end fulfillment, physical inspections, and secured payments. We are partnered with globally renowned - Distributed Ledger Technology platform, Logistics Service companies, Insurance providers, an Inspection Agency, and Financial Service fin-tech firms. We work 24x7, 365 days to 'simplify cross-border trade', and we invite you to join us in this endeavor.
  • MilkStraw AI — Save 53% on your AWS bill in 5 minutes!
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Nama Ventures
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Retail startups

NAMA VENTURES TECH FOUNDERS FUNDING TECH STARTUPS LOOKING FOR FUNDING? APPLY NOW

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Investment focus

  • Industry: E-Commerce, Information Technology, B2B
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Saudi Arabia, Egypt, United States

Investor stats

  • Total investments: 53
  • Round size: Seed $120k–$5.6M; Pre-Seed $100k–$2.4M; Series A $5.2M–$35M
  • Lead/follow: 51% lead, 49% follow

Portfolio highlights

  • PIESHIP — Pieship is a logistics startup serving last mile and their customers using Ai and crowdsourcing.
  • Nodes — Talent Intelligence Layer for Regulated Industries
  • 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.
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Retail Investor funding in Saudi Arabia at a glance

Stats across 49 deals from 69 investors.

69
investors
in Saudi Arabia Retail startups
49
deals
in Saudi Arabia Retail startups
$15M
median round
in Saudi Arabia Retail startups
42%
lead investors
lead at least one round
18%
Seed
most common funding stage
96/4
VC / Angel
share of investor count

Access all 69 investors in Saudi Arabia Retail startups.

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