Seed

Series A

Others

Unknown Series Round

Riyadh

Mishal Bin Sultan Al Saud

Hamad Albakr

Mishal Al-Mishari

Mohammed Albarrak

Heni Jallouli

If you're ready to take your business to the next level with Jahez International Company, we want to hear your pitch.

Investment in Startup

Jahez International Company: A leader in funding technology. View investment focus, portfolio details, and trends at Lucidity Insights.

Jahez International Company

Jahez, a leading Saudi company, operates an innovative online food delivery platform connecting restaurants, a dedicated logistics fleet, and customers through the Jahez Mobile Application.

Series C

Nana Direct

E-Commerce

Grocery

Marketplace

Information Technology

Deliveries

Food and Beverages

Shopping

Nana is an online grocery platform that delivers groceries, home essentials, and a wide range of products, from fresh produce and bakery items to cosmetics, electronics, and flowers, straight to customers’ doorsteps.

Soum

Soum is a Saudi Arabian startup specializing in re-commerce, operating as a marketplace for buying and selling used electronics.

RedBox

Logistics & Storage

Logistics

Shipping

RedBox provides smart parcel lockers services to customers.

Debt Financing

BARQ App

Delivery

SaaS

Barq is the leading company in providing bullet delivery service, setting higher standards for speed, reliability, and customer satisfaction in the logistics industry.

Bonat

Support & Management Services

Business Intelligence

Software

Retail

Marketing

IT Services and Solutions

Loyalty Programs

Customer Service

Bonat is a customer retention platform that helps businesses reward loyalty, engage customers, and analyze feedback all in one place.

Omniful

Predictive Analytics

Retail Technology

Supply Chain Management

Artificial Intelligence (AI)

Warehousing

Omniful is a fast-growing B2B SaaS startup. We specialize in omnichannel retail, retail, and logistics technology solutions.

CloudShelf

ClouldShelf enables retailers to quick-commerce easy, quick and hassle free steps.

Manama

Parcel

Delivery Services

Mobile Apps

Transportation

Parcel Delivery W.L.L is the fastest Delivery company in Bahrain, specialized in business delivery, restaurant delivery, and individuals delivery. Businesses can track their orders, and with instant pickup service owners can send their orders within 15 minutes after requesting a driver.

Manama, Bahrain – Hope Ventures, the investment arm of Hope Fund and producers of Beban TV show, co-invests USD 1m in Parcel alongside the private sector on the eighth episode of Beban Season 2, which can be streamed on the region’s first and biggest video-on-demand platform, Shahid, for free, or watched at 6 PM on Bahrain TV and 9:30 PM on Alrai TV.

Jahez, ‘Hope Ventures’, and Kuwait’s ‘Cari’ co-invest $1mln in Bahrain’s B2B delivery service, Parcel, through Beban TV show

Bahrain-based last mile provider Parcel, has raised $1 million from Hope Ventures, along with Jahez and Cari, during an episode of the Bahraini TV show “Benban”.

Parcel raises $1 million through Beban TV show

Parcel, a logistics solution that provides on-demand delivery services by connecting businesses with freelance drivers, raised $1 million from Hope Ventures, the investment arm of Hope Fund and producers of Beban TV show, who co-invested in Parcel alongside the private sector on the eighth episode of Beban Season 2.

Parcel, Bahrain’s last-mile provider, raises $1 million

BARQ has closed an investment round of $4.9 Million with Jahez International Company, as the lead investor and participation from Oryx Fund, GSI Ventures, Sultan Holding and others angel investors

BARQ's LinkedIn Post

Barq Delivery Services announced the closure of a $4.9 million investment round led by Jahez and the participation of Oryx Fund, GSI Ventures, and Sultan Holding, bringing the value of the company’s total investments since its inception in 2020 to $9.9 million, as it had previously announced the closure of a seed funding round in February last year

Barq Delivery Services closes a $4.9 million investment round led by Jahez to support its growth and innovation plans.

Saudi Arabia-based dark store Nana has raised $50 million in a round led by FIM Partners and STV, bringing the total funding to $80 million to date.
The round witnessed participation from Quencia Capital, Faith Capital, Jahez, Sunbulah Group, and other strategic investors alongside participation from previous investors including STV, MEVP and Impact46.
Founded in 2015 by Ahmad Alsamani, Sami Alhelwah, Nana is an e-grocery store with a feature of quick delivery that ensures all daily grocery needs are delivered straight to customers’ doorsteps within 15 mins.
Nana will mobilise the investment to solidify its presence regionally with a target of 150+ dark stores by 2022, most are in Saudi to cover all the main cities within the Kingdom.
Nana is a Wamda portfolio company.
Press release:

Riyadh-based Nana, which fulfils online grocery orders from its dark stores and delivers within 15 minutes, has raised a total of $50 million in a round led by FIM Partners and STV – which brings the total funding to $80 million to date.

The announcement was made as part of the Leap event in Riyadh. This round has been dedicated towards the expansion of Nana's dark store coverage throughout the Kingdom and the region with an aim to elevate the e-grocery industry and empower households to conveniently fulfil their grocery needs online thus accelerating the transformational goal from an offline to a purely online grocery shopping experience.

The company successfully attracted several new investors including FIM Partners - a leading emerging and frontier market focused institutional investment manager and sponsor of the region’s first technology-focused SPAC (Nasdaq: FICV), Quencia Capital, Faith Capital, Jahez – the food delivery company which recently went public on Nomu Saudi Stock Exchange, Sunbulah Group, and other strategic investors alongside participation from previous investors including STV, MEVP and Impact46.

Nana had launched on a mission to provide households with a convenient solution to fulfil their grocery needs online. Through a network of micro fulfilment centres or dark stores fully stocked with up to 2,000 SKUs, NanaExpress ensures that all daily grocery needs are delivered straight to customers’ doorsteps within 15 mins.

This groundbreaking business model has successfully redefined the meaning of the traditional grocery store and supported the founders’ vision of elevating the e-grocery industry both locally and regionally thus contributing to its rapid growth within Online Groceries to claim a market leader position with an 18% market share.

While NanaHyper’s wide selection of 40,000 SKUs provides households with the perfect solution to shop for their weekly and monthly groceries with the utmost convenience and superior quality of products and prices. Today, 90% of Riyadh’s daily grocery needs are covered through NanaExpress with plans to cover 100% of Riyadh in addition to Saudi Arabia’s main cities throughout the year.   

Sami Alhelwah, Nana’s Co-Founder & Chief Executive Officer said: “We exist to empower every household with a convenient solution that seeks to fulfil their daily, weekly, or monthly grocery needs and have been on this mission ever since we launched Nana back in 2016. Since then, we have sought every opportunity to expand our coverage, optimise our operations and enhance our user experience in the pursuit of this goal and that is why we’re excited to work closely with our investors who share this vision and have an unwavering commitment to elevating the online grocery shopping experience both locally and regionally.” Sami also added, “Our expansion has resulted in rapid double-digit growth week over week, and the current fundraise will sustain this growth for a considerable time.”

With a drive and sights on elevating the e-grocery industry in the Kingdom and the region, Nana will mobilise the investment round proceeds to solidify and establish its operations and presence regionally with a target of 150+ dark stores by 2022, most are in Saudi to cover all the main cities within the Kingdom.

Saudi dark store Nana raises $50 million

Soum, a re-commerce marketplace based in Saudi Arabia, has raised $18 million in a Series A funding round led by Jahez Group, with participation from Isometry Capital and existing investors Khwarizmi Ventures, AlRajhi Partners, and Outliers Venture Capital. The funding will support Soum's expansion into the MENA region, starting with the United Arab Emirates, and the addition of new product categories such as automobiles and collectibles. Soum manages the entire sales process, including listing, delivery, and payment processing, and earns revenue through commissions on sales.

Re-commerce marketplace Soum gets $18M backing to scale in MENA

Soum, a Riyadh-based secondhand marketplace, raised $18 million in Series A funding led by Jahez, with participation from Isometry Capital, Khwarizmi Ventures, Alrajhi Partners, and Outliers Venture Capital. The funding will be used to accelerate regional expansion and scale beyond its core vertical of secondhand electronics. Soum plans to add high-value categories such as collectibles and automobiles, targeting a $40 billion market.

Soum, a Riyadh-Based Secondhand Marketplace, Raises $18 Million in Series A Funding Led by Jahez

Soum, a reCommerce platform founded in Saudi Arabia in 2021, has raised $18 million in a Series A funding round led by Saudi Arabia's Jahez Group. The company plans to expand its operations across the Middle East and North Africa, starting with the UAE, and diversify its product categories beyond electronics. The funding will support these expansion efforts and the company's vision of becoming a comprehensive marketplace for various products.

Soum Raises $18 Million to Expand ReCommerce in MENA

Riyadh-based Soum, a marketplace for secondhand products, raised $18 million in a Series A funding round led by Jahez, with participation from Isometry Capital and existing investors Khwarizmi Ventures, Alrajhi Partners, and Outliers Venture Capital. The funding will support Soum's regional expansion and diversification beyond secondhand electronics, aiming to tap into a $40 billion market. Soum has over 4 million app downloads in Saudi Arabia and is expanding in the UAE.

SOUM Raises USD18 Million Series A Round Led by Jahez

Cloud Shelf announced that it has received SAR 14.15 million in a round of funding on February 28, 2024. The transaction included participation from new investors, IMPACT46, Inc., Jahez International Company for Information Systems Technology, RZM Investment, GSI Ventures, LLC, returning investor, Seedra Ventures.

Cloud Shelf announced that it has received SAR 14.15 million in funding from IMPACT46, Inc., Jahez International Company for Information Systems Technology, Seedra Ventures, RZM Investment, GSI Ventures, LLC

Jahez International Company

Funding Deals, by Startup Growth Stage

Funding Deals, by Region

No. of Portfolio Companies

Total No. of Investments Globally, by Year

We Invest in Startups in the Following Stages

Statistics

Sectors we invest in

Top 4 sectors we invest in

Portfolio Companies
or Investments

Executive Team Members

Jahez International Company

Funding Deals, by Startup Growth Stage

Funding Deals, by Region

No. of Portfolio Companies

Total No. of Investments Globally, by Year

We Invest in Startups in the Following Stages

Statistics

Sectors we invest in

Top 4 sectors we invest in

Portfolio Companies or Investments

Executive Team Members

Portfolio Companies
or Investments