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Top 15 Sports Startup Investors in Saudi Arabia (June 2026)

The most active venture capital funds and angel investors investing in Saudi Arabia Sports startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Saudi Arabia Sports startup companies. Find investors to raise a Pre-Seed, Seed or Convertible Note round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Saudi Aramco Entrepreneurship Ventures
VC Fund
3 Saudi Arabia, India, Luxembourg Series A, Seed Information Technology, Software, Apps $506k–$25M
Wa’ed Ventures
VC Fund
3 Saudi Arabia, United Arab Emirates, United States Seed, Series A Software, Information Technology, Artificial Intelligence $600k–$28M
Oqal
VC Fund
3 Saudi Arabia, United Arab Emirates, Egypt Seed, Pre-Seed, Series A E-Commerce, Software, Information Technology $100k–$10M
Raz Group
VC Fund
2 Saudi Arabia, United Arab Emirates Seed, Pre-Seed, Convertible Note Events, Advertising, Media and Entertainment $550k–$2.5M
Saudi Aramco
VC Fund
2 Saudi Arabia, United States, China Seed, Series A, Series B Energy, Oil and Gas, Predictive Analytics $500k–$5B
Lucrative Ventures
VC Fund
1 Saudi Arabia Seed B2C, SaaS, Beauty
Techstars Accelerator
VC Fund
1 Canada, Israel, Australia Seed, Pre-Seed, Convertible Note B2C, SaaS, Hotel $1.3M–$2.4M
100 Ventures
VC Fund
1 Saudi Arabia, Pakistan Seed B2C, SaaS, Beauty $400k–$6.9M
Ithraa Capital
VC Fund
1 Saudi Arabia Seed B2C, SaaS, Beauty
Dual Gate Investment Holding
VC Fund
1 Saudi Arabia Seed B2C, SaaS, Beauty
Business Innovation Mine (BIM)
VC Fund
1 Saudi Arabia Seed, Pre-Seed Apps, Financial Services, SaaS $852k–$7.5M
Rashed Abdul Rahman AlRashed & Sons
VC Fund
1 Saudi Arabia Convertible Note Sports, Casual Games
Areen Holding Group
VC Fund
1 Saudi Arabia Convertible Note Sports, Casual Games
Nour Nouf Ventures
VC Fund
1 Saudi Arabia, United States, Egypt Seed, Convertible Note Information Technology, Financial Services, Health Care $300k–$8M
Harmonix Ventures
VC Fund
1 Saudi Arabia Seed Fitness, Wellness, Virtual Reality
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Investor list

Saudi Aramco Entrepreneurship Ventures
VC Fund · Dhahran, Ash Sharqiyah, Saudi Arabia · 3 investments in Saudi Arabia Sports startups

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

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Investment focus

  • Industry: Information Technology, Software, Apps
  • Stage:Series A, Seed
  • Geography: Saudi Arabia, India, Luxembourg

Investor stats

  • Total investments: 43
  • Round size: Seed $506k–$3.5M; Series A $900k–$25M
  • Lead/follow: 84% lead, 16% follow

Portfolio highlights

  • ELEVATUS — Elevatus is the #1 Agentic AI Hiring Operating System built for enterprise scale. Autonomous recruiting from requisition to onboarding - zero code.
  • OQ TECHNOLOGY — OQ Technology is a Luxembourg-based satellite operator pioneering 5G Non-Terrestrial Network (NTN) connectivity through its direct-to-device (D2D) global satellite network.
  • MANAFA Capital — MANAFA is an online marketplace for investing equity into innovative, early-stage companies. It provides sophisticated investors free access to direct investment opportunities, diligence tools and industry data insights for an asset class that was previously very difficult to access. For entrepreneurs, MANAFA offers an efficient way to access anetwork of sophisticated investors as well as leading partners.
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Wa’ed Ventures
VC Fund · Dhahran, Ash Sharqiyah, Saudi Arabia · 3 investments in Saudi Arabia Sports startups

Wa’ed Ventures is a $500 million venture capital fund with the aim to accelerate the development of an integrated startup ecosystem by investing in local tech-based startups and incentivizing global entrepreneurs to localize their tech innovations in the Kingdom.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A
  • Geography: Saudi Arabia, United Arab Emirates, United States

Investor stats

  • Total investments: 90
  • Round size: Seed $600k–$6.5M; Series A $2M–$28M
  • Lead/follow: 61% lead, 39% follow

Portfolio highlights

  • YNMO — YNMO is the first Arabic/English digital solution that aims to improve the quality of care and educational services for individuals with special needs by allowing service providers such as schools, centers & clinics to design and monitor individualized treatment plans.
  • Hazen.ai — Enhance safety with our AI-powered camera, providing real-time monitoring and precise violation detection. This technology empowers authorities to enforce traffic laws effectively, ensuring safer roads for all.
  • FalconViz — FalconViz is a Saudi registered company focused on 3D surveying and mapping by Unmanned Aerial Systems (UAS) with autonomous integration of planes, copters and 3D software solutions.
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Oqal
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 3 investments in Saudi Arabia Sports 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: 125
  • 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 an electronic platform targeting SMEs to manage their expenses, purchases through the credit cards given to the employees.
  • Siin — E-commerce Marketplace
  • Mantas — Mantas protects businesses against cyber risk. We leverage predictive analytics to provide robust cyber insurance that helps businesses mitigate cloud downtime risks. Our parametric solutions ensure uninterrupted operations for all cloud-dependent businesses including e-commerce, SaaS and digital platforms.
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Raz Group
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 2 investments in Saudi Arabia Sports startups

Raz Group empowers entrepreneurs and helps them transform their passions into value-adding companies.

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Investment focus

  • Industry: Events, Advertising, Media and Entertainment
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: Saudi Arabia, United Arab Emirates

Investor stats

  • Total investments: 47
  • Round size: Seed $550k–$2.5M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • Dnaneer — Dnaneer is a FinTech platform that connects online businesses with investors through crowdfunding of enterprises.
  • Ebra — Ebra is leading a new era of debt recovery in the Middle East. As the region’s first AI-powered collection company, we’re redefining how businesses recover capital, making the process smarter, faster, and built on trust. We’re setting a new standard for debt collection.
  • Myne — Myne offers a comprehensive platform for tracking, growing, and protecting assets. The platform integrates seamlessly with various financial tools to provide users with a holistic view of their wealth. Key features include net worth tracking, budgeting, investing, and estate planning. Myne ensures data security with multiple layers of encryption,making it a secure choice for managing financial well-being.
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Saudi Aramco
VC Fund · Dhahran, Ash Sharqiyah, Saudi Arabia · 2 investments in Saudi Arabia Sports startups

At Aramco, our behavior is what defines us - as a company, as employees, as people. Everything we do is anchored by our corporate values: citizenship, safety, accountability, excellence and integrity.

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Investment focus

  • Industry: Energy, Oil and Gas, Predictive Analytics
  • Stage:Seed, Series A, Series B
  • Geography: Saudi Arabia, United States, China

Investor stats

  • Total investments: 31
  • Round size: Seed $500k–$3.5M; Series A $1.3M–$5B; Series B $20M–$40M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely still investing — raised $1.5B in 2022

Portfolio highlights

  • Unioil — Unioil is a chemicals company based out of Philippines.
  • TipRanks — TipRanks stock market research and analysis, lets you see the track record and measured performance of any analyst or blogger, so you know who to trust!
  • HUMAIN — HUMAIN is a full-stack AI ecosystem. We build the future of AI from sovereign data centers and cloud to generative AI models and applications.
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Lucrative Ventures
VC Fund · 1 investments in Saudi Arabia Sports startups

Lucrative Ventures operates as an Investment Firm.

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Investment focus

  • Industry: B2C, SaaS, Beauty
  • Stage:Seed
  • Geography: Saudi Arabia

Investor stats

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

Portfolio highlights

  • Glamera — Glamera B2B2C: SaaS platform to power beauty salons, spa, Gym and barber shops, to optimize sales, booking, marketing, inventory and HR. Glamera White Label: Every service provider can create his own website, to help his customer in pre-booking his services. Glamera B2C: Mobile application for end user to book beauty and wellness appointment.
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Techstars Accelerator
VC Fund · 1 investments in Saudi Arabia Sports startups

Techstars Accelerator

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Investment focus

  • Industry: B2C, SaaS, Hotel
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: Canada, Israel, Australia

Investor stats

  • Total investments: 4
  • Round size: Seed $1.3M–$2.4M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Glamera — Glamera B2B2C: SaaS platform to power beauty salons, spa, Gym and barber shops, to optimize sales, booking, marketing, inventory and HR. Glamera White Label: Every service provider can create his own website, to help his customer in pre-booking his services. Glamera B2C: Mobile application for end user to book beauty and wellness appointment.
  • Outread — Outread uses AI to summarize key academic publications. (Blinkist is useful for academic study.
  • Payday — Send and receive money globally. Create virtual Mastercards that work anywhere online.
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100 Ventures
VC Fund · 1 investments in Saudi Arabia Sports startups

100 Ventures is an investment firm and its invests in pre-seed and seed startups companies.

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Investment focus

  • Industry: B2C, SaaS, Beauty
  • Stage:Seed
  • Geography: Saudi Arabia, Pakistan

Investor stats

  • Total investments: 4
  • Round size: Seed $400k–$6.9M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • AlGooru — AlGooru is a tutoring network marketplace that connects students with qualified tutors on a mobile app. Our mobile app uberizes the tutoring market. Students can find reliable tutors, and tutors can manage their sessions/price their own rates.
  • Glamera — Glamera B2B2C: SaaS platform to power beauty salons, spa, Gym and barber shops, to optimize sales, booking, marketing, inventory and HR. Glamera White Label: Every service provider can create his own website, to help his customer in pre-booking his services. Glamera B2C: Mobile application for end user to book beauty and wellness appointment.
  • MyTM — MYTM is a fintech company and provides mass transit e-ticketing, branchless banking, microfinance services (loan lead generation through agent network), and financial services.
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Ithraa Capital
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Sports startups

Ithraa Capital is a company that specializes in Investment services.

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Investment focus

  • Industry: B2C, SaaS, Beauty
  • Stage:Seed
  • Geography: Saudi Arabia

Investor stats

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

Portfolio highlights

  • Glamera — Glamera B2B2C: SaaS platform to power beauty salons, spa, Gym and barber shops, to optimize sales, booking, marketing, inventory and HR. Glamera White Label: Every service provider can create his own website, to help his customer in pre-booking his services. Glamera B2C: Mobile application for end user to book beauty and wellness appointment.
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Dual Gate Investment Holding
VC Fund · 1 investments in Saudi Arabia Sports startups

Dual Gate Investment Holding

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Investment focus

  • Industry: B2C, SaaS, Beauty
  • Stage:Seed
  • Geography: Saudi Arabia

Investor stats

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

Portfolio highlights

  • Glamera — Glamera B2B2C: SaaS platform to power beauty salons, spa, Gym and barber shops, to optimize sales, booking, marketing, inventory and HR. Glamera White Label: Every service provider can create his own website, to help his customer in pre-booking his services. Glamera B2C: Mobile application for end user to book beauty and wellness appointment.
Show all investments...

Access 48,091 investors

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

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Business Innovation Mine (BIM)
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Sports startups

We build successful and sustainable enterprises from the ground up by capitalizing on our expertise, resources and network.We carefully select, validate and launch bold ideas that are then turned into full-fledged spun-off businesses. While every successful venture is different, there is one thing, that connects all of them – right timing.Timeis the key and the most important resource for every enterprise. That’s why we designed our own venture building process that allows fast delivery. We use our own expertise and vast network of resources to create business plans, develop the products, launch them on the market, and grow them. - Generate our own VenturesWe build startups that solve problems through an inhouse continuous, dynamic and selective ideation process. We secure financing to make sure our ventures can grow without barriers.- Build Ventures With PartnersWith our robust ecosystem we partner up with external entrepreneurs and other companies that have amazing ideas we can help them develop into successful and sustainable businesses.

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Investment focus

  • Industry: Apps, Financial Services, SaaS
  • Stage:Seed, Pre-Seed
  • Geography: Saudi Arabia

Investor stats

  • Total investments: 8
  • Round size: Seed $852k–$7.5M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Ejaro — Ejaro is the first licensed peer-to-peer vehicle sharing marketplace in Saudi Arabia and the GCC. We connect local vehicle owners with individuals who are looking to rent vehicles whenever and wherever they want. We empower owners to earn an extra income stream from their depreciating private vehicles (assets) by sharing it with Ejaro’s trustedcommunity.
  • Muhlah — Muhlah is a Saudi fintech company.The company provides microfinancing focused on credit discipline, transparency, compliance, and financial inclusion across Saudi Arabia. Its products emphasize responsible lending with sustainable repayment terms, targeting underserved segments without physical branches.
  • Conix.ai — CONIX.AI is an AI platform (SaaS) created to offer fully complete solutions for the architectural designing of residential and commercial properties. The cloud-based SaaS platform is accessible from anywhere worldwide and can provide detailed 2D plans, 3D plans, Facades, working drawings (electricity & water), utility data, sustainabilityadvice and more for construction planning.By accessing CONIX.AI, real estate companies will have at their fingertips in few minutes different iterations of architectural designs for their new construction projects previously impossible to attain without significant investments into architectural firms and wouldn't be delivered in less than 4-6 weeks. This level of visualisation will allow companies a time-conscious suite of tools that can allow them to build faster, build smarter, build greener!https://youtu.be/bskgguh3U-A
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Rashed Abdul Rahman AlRashed & Sons
VC Fund · Khobar, Ash Sharqiyah, Saudi Arabia · 1 investments in Saudi Arabia Sports startups

Rashed Abdul Rahman AlRashed & Sons operates in several business areas namely building materials, cement and bulk materials, finishing materials, contracting, industrial products, automotive products, and food products. Large scale investments are made in developing land and property through ther real estate sector and many businesspartnerships are initiated with global companies via their Investment sector.

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Investment focus

  • Industry: Sports, Casual Games
  • Stage:Convertible Note
  • Geography: Saudi Arabia

Investor stats

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

Portfolio highlights

  • Grintafy Technologies — Grintafy Technologies is operates a talent discovery platform for amateur footballers.
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Areen Holding Group
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Sports startups

Areen Holding Group consists of several companies operate in different sectors, from industrial, health, and energy to retail and realestate sectors.

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Investment focus

  • Industry: Sports, Casual Games
  • Stage:Convertible Note
  • Geography: Saudi Arabia

Investor stats

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

Portfolio highlights

  • Grintafy Technologies — Grintafy Technologies is operates a talent discovery platform for amateur footballers.
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Nour Nouf Ventures
VC Fund · Jeddah, Makkah, Saudi Arabia · 1 investments in Saudi Arabia Sports startups

We inspire to build societies where knowledge empowers every individual to realize their full potential to contribute to the greater good and to be responsible for future generations. Investment in startup business, Community Services, Shared Offices.

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Investment focus

  • Industry: Information Technology, Financial Services, Health Care
  • Stage:Seed, Convertible Note
  • Geography: Saudi Arabia, United States, Egypt

Investor stats

  • Total investments: 26
  • Round size: Seed $300k–$8M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • YNMO — YNMO is the first Arabic/English digital solution that aims to improve the quality of care and educational services for individuals with special needs by allowing service providers such as schools, centers & clinics to design and monitor individualized treatment plans.
  • Aanaab — Aanaab offers online courses in Arabic for teachers and educators to help them improve their skills in different areas including self-development, educational strategies, education techniques, and educational tools and techniques.
  • HealTec — HealTec provides B2B healthcare rehabilitation manufacturing facility that enables the local production of medical prosthetics and other devices to serve Long-Term Care and rehabilitation patients.
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Harmonix Ventures
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Sports startups

Harmonix Ventures identifies, builds, and scales ventures in tourism, hospitality, and quality of life sectors. It combines capital with expertise to support startups in real estate management, travel logistics, and wellness technologies. The firm invests in science-driven companies at the intersection of healthcare, life sciences, and deep tech.

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Investment focus

  • Industry: Fitness, Wellness, Virtual Reality
  • Stage:Seed
  • Geography: Saudi Arabia

Investor stats

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

Portfolio highlights

  • Metafare — Metafare is a company that offers a virtual reality (VR) fitness and wellness platform.
Show all investments...

Sports Investor funding in Saudi Arabia at a glance

Stats across 4 deals from 5 investors.

5
investors
in Saudi Arabia Sports startups
4
deals
in Saudi Arabia Sports startups
$934k
median round
in Saudi Arabia Sports startups
40%
lead investors
lead at least one round
50%
Convertible Note
most common funding stage
100/0
VC / Angel
share of investor count

Access all 5 investors in Saudi Arabia Sports startups.

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