Top 20 Retail Startup Investors in Saudi Arabia in May 2025
A list of 20 angel investors and VC (Venture Capital) funds that invest in Retail startups based in Saudi arabia. We rank investors based on the number of investments they made in Retail companies from Saudi arabia. We update this investor list every month.Top 20 Retail Startup Investors in Saudi Arabia in May 2025
Investor | Retail Saudi Arabia investments |
---|---|
Shorooq Partners | 4 |
Arzan Venture Capital | 4 |
Oqal | 3 |
Elm | 2 |
Abercross Holdings | 2 |
AgFunder | 2 |
Vision Ventures | 1 |
Sukna Ventures | 1 |
Graphene Ventures | 1 |
Alsayer Group | 1 |
Impact46 | 1 |
Riyad TAQNIA Fund (RTF) | 1 |
Global Ventures | 1 |
MSA Capital | 1 |
Saudi Venture Capital Company | 1 |
Agility Ventures | 1 |
Elm | 1 |
Tech Invest Com | 1 |
Entrée Capital | 1 |
Ali Aziz | 1 |
Shorooq Partnersis the leading tech investor in the region, inspired by the best entrepreneurs, investors and practices from around the world.
Show more
Investment focus
- Financial Services, FinTech, E-Commerce
- Seed, Series A, Pre-Seed
- United Arab Emirates, United States, Saudi Arabia
Portfolio highlights
- NymCard — <p><span style="color:#ce9178;">NymCard is providing, in the MENA region and around the globe, dynamic and secure building blocks for building fast and easy card programs.</span></p>
- CQR — CQR is dedicated to offering unrivaled protection by combining proactive techniques, cutting-edge technology, and guidance.
- The Box Self Storage Services LLC — The Box Self Storage Services offer complete protection for your goods both for domestic and commercial purposes. As an added advantage, They offer you the flexibility of accessing the stored items at any time through Their 24-hour access control log. Moreover, They provide insurance for your goods should there be any unexpected damage duringcalamities.They provide the best moving and relocation services in Dubai and UAE. They design a customized relocation plan for you based on your requirements and budget. One of Their relocation experts will always be around keeping an eye on the loading and unloading process and making sure that your items stay safe and undamaged.
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.
Show more
Investment focus
- Software, E-Commerce, SaaS
- Seed, Series A, Series B
- United Arab Emirates, Egypt, Saudi Arabia
Portfolio highlights
- Hulexo — UAE's leading ERP software for retail businesses. Integrated data, accurate info, real-time insights.
- Nearpay — Focus On Building Deep Technology To Create Innovations
- Revenya Capital — Revenya Capital, providing revenue-based financing to tech startups in MENA.
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.
Show more
Investment focus
- E-Commerce, Software, Information Technology
- Seed, Pre-Seed, Series A
- Saudi Arabia, United Arab Emirates, Egypt
Portfolio highlights
- Spare — Spare | Know Your Money
- DESAISIV — DESAISIV, a MENA based InsurTech startup specialising in health insurance which is transforming health insurance for insurers and clients through exploiting their advanced AI solutions which were developed in collaboration with top machine learning scientists from the University of Oxford. DESAISIV’s philosophy is simply to put AI at the centre ofall decision making. This AI-driven approach guarantees that clients of Groups and SMEs will get optimized insurance policies tailored to their needs, also it will make sure that insurance companies will optimise their processes using the latest AI technologies. Benefitting from access to a vast database of hundreds of millions of patient records, DESAISIV has achieved an impressive average prediction accuracy of over 95%. Demonstrating their commitment to excellence, they have set an ambitious target to exceed 99% accuracy by the end of this year. Through their AI-driven products, DESAISIV streamlines various aspects of health insurance, including automating underwriting procedures, tailoring policy's benefits and coverage, improving quality of service by predicting developing diseases, identifying high-risk behaviours, and reducing customer attrition.
- TruBuild — AI pre-construction tool to review tenders, compare bids, and manage contracts, faster decisions, fewer errors, less admin.
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.
Show more
Investment focus
- Artificial Intelligence, E-Commerce, SaaS
- Series A, Seed, Series B
- Saudi Arabia, India, Nigeria
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.
Investing in privately owned, profitable, high growth, medium sized UK companies.
Show more
Investment focus
- B2B, Retail, Software
- Seed, Series A, Private Equity
- Saudi Arabia, United States
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.
AgFunder invests in impactful companies that can positively transform the world's food system. Founded in 2013, AgFunder manages a portfolio of over 50 companies across four funds from offices in Silicon Valley and Singapore. Through its media platform AFN, it has built a global ecosystem of over 90,000 subscribers.
Show more
Investment focus
- Agriculture, AgTech, Biotechnology
- Seed, Series A, Pre-Seed
- United States, United Kingdom, India
Portfolio highlights
- Klim — Klim enables farmers to transition to regenerative agriculture at scale by providing them financial support, knowledge, documentation tools, and a community via our digital companion for farmers.Klim-verified carbon removal credits, generated by Klim farmers, help companies to transition to net zero by offsetting their carbon emissions locallyand with maximum impact and transparency.
- Lumi AI — Ask questions in simple language and receive instant answers. No coding (SQL/Python) skills needed. Lumi is your personal, available 24/7, data analyst AI. Sign up for early access!
- Ingenimax — StarOps by Ingenimax, the future of platform engineering, built for AI/ML teams and platform engineering teams. Focus on outcomes, not cloud ops.
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.
Show more
Investment focus
- E-Commerce, Software, Information Technology
- Seed, Series A, Pre-Seed
- Saudi Arabia, United Arab Emirates, Egypt
Portfolio highlights
- Rewaa — Rewaa was founded to make penetrating through the e-commerce industry easier for retailers with minimal operational and marketing costs by solving two main aspects:Marketing aspect: Make in-store products available online. By using Rewaa Cashier System, any product in the physical store will be automatically listed in the online marketplaces andthe merchant's online store. Operational aspects: The integration between physical, online store and marketplace, eliminate the need of independent inventory for online store operations, and that will help to reduce employment cost, therefore, the physical store will be the shipping center, so whenever an order received by online store will be transferred automatically for the nearest branch from the customer. And eventually, the inventory will be automatically updated across all channels.
- Cognna — Simplify cybersecurity solutions management with COGNNA's comprehensive XDR platform for threat hunting and compromise assessment.
- 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!
Sukna ventures is a venture studio and fund based in Saudi Arabia.
Show more
Investment focus
- Financial Services, FinTech, Information Technology
- Seed, Funding Round, Series A
- Saudi Arabia, United States, United Arab Emirates
Portfolio highlights
- MoneyHash — MoneyHash provides access to payment and fintech services across the Middle East & Africa with one simple integration.
- Octa — Octa is a one-click automated system for collecting invoices that ensures timely payment to business-to-business firms.
- Hefring Marine — Hefring Marine's on-board AI saves fuel consumption, significantly reduces carbon emissions and improves safety in boats and vessels through our real time sea navigation guidance for both manned and unmanned vessels.
Graphene - venture fund for innovative startups.
Show more
Investment focus
- Software, E-Commerce, Health Care
- Seed, Series A, Series F
- United States, Brazil, United Kingdom
Portfolio highlights
- Datalogz — Datalogz is a BI Ops solution that enables teams to bridge the gaps in their business intelligence environment.
- Start Careers — Start Careers offers Publicize the vacancies in a practical way to the best universities in the country.
- 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.
ALSAYER Group is one of the leading family owned groups in Kuwaitand the GCC with diversified businesses
Show more
Investment focus
- B2B, Retail, Internet
- Seed
- Saudi Arabia
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.
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.
Show more
Investment focus
- E-Commerce, Financial Services, Predictive Analytics
- Seed, Series A, Funding Round
- Saudi Arabia, United Arab Emirates, Egypt
Portfolio highlights
- Spoilz — Play innovative new games with Spoilz, your one-stop destination for gaming joy. From casual to strategy, experience the best in gaming today!
- Cipher — Cipher It provides a wide range of services, including risk assessment, rapid response, and recovery to ensure business continuity.
- Mala'a Technologies — Make better financial decisions with Malaa. Manage your financials, track your expenses, take a loan or invest your money all from one app. Connect you bank accounts and start today
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.
Show more
Investment focus
- Information Technology, Artificial Intelligence, Internet
- Series A, Seed, Series B
- Saudi Arabia, United Arab Emirates, Jordan
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.
- Eureka — All of Eureka's products have AI embedded to create unique audience segments and improve prediction accuracy, risk analytics and conversion.
We back global-minded, growth-stage and technology-focused founders in emerging markets and the world.
Show more
Investment focus
- Health Care, FinTech, Financial Services
- Seed, Series A, Series B
- United Arab Emirates, Egypt, United States
Portfolio highlights
- Zension — Zension is a subscription e-commerce company for consumer tech. Each and every day, we set out to create a new standard for connectivity and access to the best technology tools for all.
- Locad — Locad is a cloud-based solution for global e-commerce fulfillment. Access to an international warehousing network. Distributed fulfillment keeps products close to customers, reducing shipping time and cost.
- BioSapien — BioSapien is a pre-clinical biotech company developing novel biodegradable implantable products that deliver active pharmaceutical ingredients (APIs) for oncology indications with reduced systemic side effects. The applications for this technology are currently under investigation for pancreatic cancer and lung cancer. The intended pipeline ofindications is expected to expand into other cancers such as colorectal, breast, and stomach cancers. BioSapien's 3D-printed MediChip delivers FDA-approved toxic high-dose systemic therapies in a localized slow-release biodegradable mesh which is able to target tissues while improving patients' quality of care and life.
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.
Show more
Investment focus
- E-Commerce, Biotechnology, Financial Services
- Series A, Seed, Series B
- China, United States, Egypt
Portfolio highlights
- XProtocol — XProtocol is a modular entertainment chain that uses base's superchain technology to help developers create games with player-driven economies.
- DP Technology — DP Technology is a global leader in the "AI for Science" research paradigm, where AI learns scientific principles and data, then tackles key challenges in scientific research and industrial R&D.DP's commitment to interdisciplinary research has led to the creation of the DP "Particle Universe", an array of pre-trainedlarge science models designed to bridge foundational research with practical industrial applications. DP's software suite includes the Bohrium® Scientific Research Space, Hermite® Computational Drug Design Platform, RiDYMO® Dynamics Platform, and Piloteye® Battery Design Automation Platform. Together, these platforms form a robust foundation for industrial innovation and an open ecosystem for AI in science, fostering advancements in key areas such as drug discovery, energy, material science, and information technology.
- DP Technology — Deep Technology uses a new generation of molecular simulation technology to tackle micro-scale industrial design difficulties. Founded in 2018 and is based in Beijing China.
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.
Show more
Investment focus
- E-Commerce, Predictive Analytics, Software
- Seed, Series A, Series B
- Saudi Arabia, Germany, United States
Portfolio highlights
- Tabby — tabby provides consumers across the GCC with the flexibility to pay for their online and in-store purchases in interest-free installments. tabby helps over 2,000 leading retailers grow their sales.
- BALLURH — A SaaS platform that provides predictive analytics with smart recommendations for Retailers to enhance decision-making, increase revenue and improve customer satisfaction.
- Intelmatix — Intelligent Informatics Technologies Intelmatix is a deep tech AI company offering Enterprise AI that is accessible providing cutting-edge Decision Intelligence software that gives organizations a competitive advantage in the new AI era. LEARN MORE Capabilities Intelmatix develops technology platforms that integrate sector knowledge with expertise in data sensing, data processing, data analysis, data visualization and interaction.
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.
Show more
Investment focus
- Retail, Internet, E-Commerce
- Seed
- Saudi Arabia
Portfolio highlights
- Zid زد — 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.
Elm
Show more
Investment focus
- E-Commerce, Internet, SMS
- Series A, Seed, Series B
- Saudi Arabia
Portfolio highlights
- Zid زد — 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.
- Cura كيورا — Cura Healthcare is a Saudi leading telehealth provider that provides digital health and telemedicine software and services. The company has developed state-of-the-art technologies to empower health communications, changing the way patients and doctors interact, diagnose, prescribe, give second opinions, manage chronic diseases, and provide primaryhealth care and well-being therapy sessions. For more information: https://cura.healthcare/en/
- Syarah — Syarah is an online cars marketplaces.
Saudi technology investment company established in 2005. We invest in growth stage tech startups in Saudi Arabia & Middle East North Africa (MENA) region
Show more
Investment focus
- Predictive Analytics, Software, E-Commerce
- Series A, Seed, Series B
- Saudi Arabia, United Arab Emirates, Jordan
Portfolio highlights
- Merit Incentives — Seamless, API-driven solutions connecting you to a global network of 7,000+ brands, enabling real-time, instant gratification across 155+ countries.
- 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!
- 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.
We're a team of former serial founders managing over $1.25B across a number of funds, with offices in Tel Aviv, London, and New York.
Show more
Investment focus
- Software, Financial Services, FinTech
- Seed, Series A, Series B
- United States, Israel, United Kingdom
Portfolio highlights
- Cynomi — Cynomi addresses a critical gap in mid-market cyber protection - creating and executing a cyber and compliance strategy .
- Classiq Technologies — A software platform that helps users create scalable complex quantum computer algorithms, software, and circuits for any gate-based quantum computer
- Blue Onion Labs — Accounting at the Speed of Ecommerce. Blue Onion provides the financial data foundation so you can do your most meaningful work.
Ali Aziz is a Founder and CEO at XStak Inc. He attended Free University of Brussels.
Show more
Investment focus
- B2B, EdTech, Retail
- Pre-Seed, Angel
- Pakistan, Saudi Arabia, United States
Portfolio highlights
- Nearpeer.org — Nearpeer is an online solution for entry test preparation in Pakistan. Now you can prepare for all medical entry tests online without spending a lot of money.
- 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.
Investors by industry
Impact
Biotech
Gaming
FinTech
Google
Energy
Proptech
Marketplace
Consumer
Hardware
Artificial intelligence
Health Care
Climate
Community
EdTech
Sustainability
Venture Capital
Clean Energy
Real Estate
Financial Services
Video Games
B2B
Education
Publishing
Finance
Food and Beverage
Beauty
Infrastructure
Web3
Photography
Retail
Big Data
Organic Food
Payments
Social Media
Medical
Internet
Manufacturing
eSports
Construction
Digital Media
Art
Local
Sports
Music
Enterprise Software
Social Network
Wellness
Email
Franchise
Android
Mobile
Legal
Mobile Advertising
Platforms
Cannabis
Hospitality
Biotechnology
Travel
Fitness
Recruiting
Automotive
Medical Device
Social
Crowdfunding
Wine And Spirits
CleanTech
Transportation
Mobile Apps
InsurTech
Enterprise
LGBT
Fashion
Oil and Gas
Film
Life Science
Theatre
Non Profit
Renewable Energy
SaaS
Sporting Goods
Restaurants
Social Impact
Celebrity
Software
Cryptocurrency
Machine Learning
Agriculture (agtech)
Media (entertainment)
Facebook
Blockchain
Investors by country
United Kingdom
Germany
India
United States
Ireland
South Korea
Canada
Australia
New Zealand
Middle East
Oceania
Europe
Asia
South Africa
Armenia
Brazil
Qatar
Indonesia
Spain
China
Saudi Arabia
Sri Lanka
Vietnam
Africa
LATAM
Finland
Estonia
Hungary
Ethiopia
Hong Kong
Georgia
Egypt
Ecuador
Denmark
France
Faroe Islands
Ghana
Croatia
Gibraltar
Bulgaria
Chile
Belize
Barbados
Costa Rica
Greece
Belgium
Bahrain
Belarus
Bermuda
Czech Republic
Algeria
Mali
Mexico
Liberia
Israel
Philippines
Malaysia
Italy
Lithuania
Liechtenstein
Kuwait
Norway
Morocco
Myanmar
Lebanon
Mauritius
Peru
Jersey
Panama
Malta
Nicaragua
Sweden
El Salvador
Uruguay
Portugal
Zambia
Ukraine
Uzbekistan
Senegal
Seychelles
Venezuela
Tajikistan
Taiwan
Serbia
Uganda
Sierra Leone
Turkey
Thailand
Tunisia
San Marino
Rwanda
Puerto Rico
Poland
Russian Federation
Tanzania
Slovenia
Zimbabwe
Togo
Dominican Republic
Azerbaijan
Nigeria
Bahamas
Namibia
Iceland
Iraq
United Arab Emirates
Jamaica
Honduras
Isle of Man
Bolivia
Luxembourg
Albania
Pakistan
Grenada
Romania
Jordan
Argentina
Bangladesh
Japan
Singapore
Kenya
Kazakhstan
Cayman Islands
Cambodia
Austria
Oman
Cyprus
Latvia
Cameroon
Switzerland
Marshall Islands
Colombia
Guatemala
Investors in Saudi Arabia by industry
Restaurants
Fitness
Financial Services
Travel
Finance
Food and Beverage
Organic Food
Payments
Manufacturing
Mobile
Software
Sports
Health Care
Automotive
Recruiting
FinTech
Enterprise
Consumer
EdTech
Climate
Proptech
SaaS
Marketplace
Hardware
Gaming
Real Estate
Transportation
Beauty
Web3
B2B
Medical
Blockchain
Mobile Apps
Education
Enterprise Software
Internet
Energy
Artificial intelligence
Wellness
Community
Social
Crowdfunding
Art
Hospitality
Media (entertainment)
Construction
Machine Learning
Fashion
Sustainability
Impact
Retail
Big Data
Renewable Energy
Video Games