Top 35 Retail Startup Investors in Saudi Arabia (September 2026)

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.

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.

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.

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.

Portfolio highlights

• Raff — RetailTech startup aiming to be the center of commerce.
• Siin — E-commerce Marketplace
• Mantas — Cloud outage insurance, built for cloud-first businesses.

Portfolio highlights

• Scindo — Creating a novel biological process to turn low-value plastic landfill waste into high-value molecules.
• 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.
• IIF — A farm in your pocket.

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.

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.

Portfolio highlights

• Raff — RetailTech startup aiming to be the center of commerce.
• 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!

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.

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.

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

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

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.

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

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.

Portfolio highlights

• PATH — Join the water bottle revolution. Path is 100% responsibly and locally sourced purified water in a refillable aluminum water bottle that stays cold longer.
• 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.
• Loop Global Inc. — The Next Generation Energy Network

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!

Portfolio highlights

• 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.
• RemotePass — RemotePass makes it easy to hire, onboard & pay your global team in full compliance, giving you everything you need to support them
• 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

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.

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

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.

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.

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.

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.

Portfolio highlights

• Tamara — Tamara is the leading shopping and payments platform in Saudi Arabia and the GCC region, with a mission to empower people in their daily lives and revolutionize how they shop, pay and bank. The company was founded by serial entrepreneur Abdulmajeed Alsukhan along with his partners Turki Bin Zarah and Abdulmohsen Al Babtain. Tamara has over 350employees and operates out of its headquarters in Riyadh, Saudi Arabia and has offices in the UAE, Egypt, Germany and Vietnam.Tamara has raised up to $366 million in equity and debt since its launch in September 2020. Investors in Tamara include Sanabil Investments, a wholly owned company by the Public Investment Fund (PIF), Checkout.com, Coatue, Shorooq Partners, Endeavor Catalyst and now Goldman Sachs.Tamara has 6 million customers and more than 15,000 partner merchants including leading global and regional brands such as SHEIN, Jarir, Noon, IKEA, H&M as well as local small and medium businesses.
• Thunes — Founded in 2016, Thunes is a global B2B payment infrastructure platform that powers payments for the world’s fastest-growing businesses – from gig economy giants such as Uber and Deliveroo and Southeast Asia’s super-app Grab to global fintech leaders such as PayPal, Remitly, Finastra and Revolut. Through a single, simple connection, consumers andbusinesses can send payments to – and get paid in – every corner of the world. Thunes currently supports 80 currencies, enables payments to 132 countries and helps to accept 300 payment methods. In April 2022, Thunes acquired a controlling stake in a leading anti-money laundering and compliance platform company Tookitaki, which now enables the company’s advanced compliance, anti-fraud and anti-money laundering capabilities, setting an international benchmark for sustainable compliance. The company is headquartered in Singapore, with regional offices in London, Paris, Shanghai, Beijing, Dubai, Hong Kong, Barcelona, Miami and Nairobi. Current investors include Visa, EDBI, Endeavor Catalyst, Marshall Wace, Bessemer Venture Partners, 01Fintech, Future Shape, Insight Partners, Checkout.com, Helios Investment Partners and GGV Capital. For more information, visit www.thunes.com

Portfolio highlights

• Aamar — An innovative real estate platform that simplifies and automates leasing processes.
• Munjz — Munjz is a mobile app for connecting individuals & corporate sector looking for household services with pre-screened professionals.
• Al-Menu — Al Menu is a firm that specializes in restaurant operations.

Portfolio highlights

• Thobi — Thobi describes itself as a “smart thobe tailor”, allowing its customers to order custom-made thobes online. Its propriety technology enables its customers to take accurate calculations of their body measurements remotely.

Portfolio highlights

• Derq — Derq built an award-winning platform powered by AI and predictive analytics helping eliminate crashes, save lives, and create safer and smarter roadways. Our real-time analytics platform feeds a live dashboard available to road owners and operators and sends alerts to connected vehicles and infrast
• Bab Makkah — Bab Makkah provides services in the retail sector through its online platform.
• Pavegen — Our mission is to help move society towards a more sustainable future by generating renewable energy with footsteps to power engaging experiences that inspire people to think and act differently towards our planet.

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.
• Horizon Trade — The first agentic trading platform Type your strategy in plain English, backtest, deploy live Backed by @EntreeCapitalVC

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 — Westlake Lingxi develops brain-computer interface technologies, including neuro-prosthetic systems and neural decoding solutions, to support rehabilitation for people with language and movement disorders.

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.

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.

Portfolio highlights

• N.Light — N.Light is a Metaverse 3D design software that allows individuals to effortlessly turn their ideas into reality.
• SK Horizon — SK Horizon is an AI data center (AIDC) infrastructure company whose name reflects its ambition to “open new horizons” in the AIDC sector, will be responsible for expanding its infrastructure to a total capacity of 318 MW, encompassing eight data centers already in operation - Seocho, Ilsan (two locations), Bundang, Gasan, Centum, Yangju, and Pangyo- and new AIDCs currently under construction, including those in Ulsan and Guro.
• Kyoto Fusioneering — Kyoto Fusioneering is a research & development, design, and manufacture of parts related to fusion reactors.

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.