Top 35 Retail VC Funds & Investors in Saudi Arabia (October 2026)

Portfolio highlights

• FMSi — FMSi is a SaaS company that helps with vehicle tracking solutions, administration and monitoring services for IVMS, and project management.
• 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

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

• 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

• 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

• Sirdab — Sirdab provides technology-enabled warehousing, transportation, and fulfillment services for businesses. The company connects businesses with on-demand warehouse space for dry, ambient, chilled, and frozen goods. Its transportation services support shipments between cities and include bulk transportation and last-mile delivery. Sirdab also providese-commerce fulfillment services covering order picking, packing, shipping, and delivery. Its Warehouse Management System and Order and Inventory Management System provide tools for managing inventory, warehouses, orders, shipments, and logistics operations. The platform provides real-time inventory visibility and tracks goods throughout storage and transportation activities. Sirdab serves e-commerce sellers, brands, wholesalers, distributors, and businesses managing seasonal or ongoing inventory.
• 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.

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

• Madeed — Madeed is a privately held company that works in the facilities and health care distribution industry.
• Gaia — Gaia is a sovereign AI platform for Saudi enterprises. It connects knowledge, files, systems, emails and workflows into a single operational intelligence layer. Employees search across everything the company knows but permission-aware so no one sees what they don't already have access to, get generative AI answers grounded in their own datawith cited sources, and hand cross-system work to AI agents with important steps routed to a person for approval. Hosted on the company’s cloud or fully on-premise so data never leaves your own infrastructure.
• RIME — A specialized Saudi company providing AI driven solutions, integrated with branch monitors and IoT. Utilizing AI agents

Portfolio highlights

• Hazen.ai — Hazen.ai is a Saudi startup focusing on artificial intelligence based traffic analytics and monitoring solutions
• TakaHouse — TakaHouse is a gaming company that combines entertainment and communication for gamers.
• Syarah — Syarah is an online cars marketplaces.

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

• Erad — erad provides growth capital to online businesses. Connect your analytics and receive funding offers, for non-dilutive capital within 48 hours
• Aya — Aya is a modest fashion e-commerce platform that strives to unite the fragmented modest fashion industry into a single discovery platform.
• 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

• Flend — Egypt’s first tech enabled, data driven financing solutions platform dedicated to small businesses.
• OCTA — OCTA brings you the clients and runs the work behind them, from books and reconciliations to billing and close. You grow the firm without adding headcount.
• Anecdote —

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

• 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

• 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

• PIESHIP — Pieship is a logistics startup serving last mile and their customers using Ai and crowdsourcing.
• Nodes — Enterprise AI that connects your data, learns your business and takes approved action. You own the context. Choose your AI models, agents, tools and deployment.
• 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

• Paymob — Paymob runs millions of transactions for different business sizes across the Middle East and Africa. Start using Paymob’s solutions and API’s to accept and send payments for your online business now.
• PoliCloud — PoliCloud is a cost-effective, sustainable, and independent cloud solution designed for people that desire complete control over their data.
• Enhance Fitness — Enhance Fitness is a fitness and wellness company that provides personal training services through a mobile and web-based platform. The company connects users with certified trainers for one-on-one fitness sessions conducted at home, gyms, outdoor locations, or partner facilities. Its platform supports booking management, trainer matching, workouttracking, nutrition guidance, and progress monitoring. Enhance Fitness operates primarily in the Gulf region, including the UAE, Saudi Arabia, Bahrain, and Qatar, and also develops software tools for fitness businesses through its Enhance Tech platform..

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

• Erad — erad provides growth capital to online businesses. Connect your analytics and receive funding offers, for non-dilutive capital within 48 hours
• 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.

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

• Enhans — Viralpick provides IT services for organizations including data analysis, automation, acquisition, and advertising services.
• 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

• 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

• 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

• 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

• 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

• 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

• 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

• Chamelio — Chamelio builds intelligent technology for in-house legal teams. We understand that every in-house legal team operates uniquely - shaped by their industry context, company culture, and strategic priorities. Our platform adapts to these distinct characteristics, delivering hyper-personalized workflows that evolve with your team's specific needs.
• Archy — SaaS Practice Management Software for Dental Practices
• Lasso Security — Lasso Security defends the LLM frontier with advanced LLM Cybersecurity solutions. Embrace progress and strengthen your AI cybersecurity posture

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

• Nejree — Nejree is the first online specialised sneaker destination in the region and offers a wide range of products including Adidas, Nike, Puma, Asics, Reebok, Fila, Fendi, D&G, Gucci, and Balenciaga.
• eLabelz — ELabelz is an online ecommerce fashion mall offering the trendiest apparel, footwear, and accessories to the middle east market. It offers full collections, global brands, local designers, and with a central focus on customer satisfaction, the brand aims to reshape fashion shopping in the region. The company was founded in 2016 and is based inDubai.
• PayTabs Group — PayTabs is an innovative new economy payment processing and fraud prevention company built to provide buyers and sellers an advanced technology to pay and get paid.

Portfolio highlights

• Nejree — Nejree is the first online specialised sneaker destination in the region and offers a wide range of products including Adidas, Nike, Puma, Asics, Reebok, Fila, Fendi, D&G, Gucci, and Balenciaga.

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.