Others

Seed

Pre-Seed

Series A

Series H

Asia (ex. GCC & Levant)

Africa

Levant

Rest of World

Europe

Riyadh

Mohammed Alzubi

Taher Elgamal

Terry Kane

If you're ready to take your business to the next level with Nama Ventures, we want to hear your pitch.

Investment in Startup

Discover Nama Ventures—funding focus, portfolio, and industry expertise. Explore key investor profiles on Lucidity Insights.

Nama Ventures

E-Commerce

Marketing/Sales

Technology

Digital & ICT

Fintech

Retail & Wholesale

AI/IoT

Foodtech

Other

Agriculture

Education

Logistics & Storage

Nama Ventures is a pre-seed venture capital fund with a focus on driving innovation in the MENA region, especially in Saudi Arabia.

Series C

Tamara

Payments

Tamara offers a buy now, pay later platform that enables customers to pay in installments.

Makkah

Salla

SaaS

Salla allows users to easily set up an e-commerce store in Arabic through their platform.

San Francisco

The RealReal

Manama

Calo

Healthcare

Food and Beverage

Wellness

Calo is Founded in 2019 by Ahmed AlRawi and Moayed Almoayed, Calo serves personalized meal subscriptions.

Future Family

Lahore

GrocerApp

Consumer Goods

GrocerApp is a low-price online grocery store for users to order products across categories and get it delivered to their doorstep.

Aumet

Health Care

Hospitals and Health Care

Manufacturing

Duplo

Termii

Digital Marketing

palm.hr

IT & Communication

Dubai

Floranow

Floranow is a online B2B marketplace connecting flower and plant growers to buyers using innovative technology and optimized.

Rize

Real Estate

Proptech

Cairo

ShipBlu

Transportation

Platform that redefines the e-commerce shipping and fulfillment experience providing 24-hour delivery with live tracking.

Alexandria

Nowlun

Logistics

Freight Service

Supply Chain Management

Nowlun is a digital freight forwarder that provides tailored logistics solutions for businesses in the Middle East.

iStoria

EdTech

Trteeb

Kuzlo

Starzly

Wafeer

Predictive Analytics

Apps

Wafeer is a fintech personal finance management app that provides financial solutions.

Faceki

Information Technology

Artificial Intelligence

Biometrics

Cyber Security

Developer APIs

Facial Recognition

Identity Management

FACEKI is a real-time identity verification platform with advance biometric technology powered by AI.

Hekouky

Software

Information Services

Legal Tech

Hekouky is an online legal technology company that digitalizes the user’s experience on registering companies and trademarks.

Amman

Jafar Shop

Tailored for Arab users, Jafar Shop is a specialized e-commerce platform focusing on home improvement, car care, and hardware.

Hamples

JobPixel

Automotive

Remmsh

Shopping

AgriDunya Technologies

Brev.dev

Cargoz

Storage

Punt Partners

Muqbis

Handmade

Art & Crafts

Muqbis bridges Home Based Businesses to thier targeted customers

eZhire

Basket Technologies

Delivery Services

Grocery

Grabbd

Tourism

Agentnoon

Balad

Finance

Balad is an open banking platform serving migrants abroad and their family members at home. Balad provides services that include cross-border remittances, mobile banking apps, prepaid debit cards, and other financial services.

PIESHIP

Abuja

Messenger

JUUL

Appbistro

Banzai

Bowery Farming

Bryte

Clean Power Finance

Flywheel

AddThis

Frontdesk

XGraph

Hungry

IDbyDNA

Mojo Mobility

The Guild

Lottery Now Inc

Liftopia

California

New Age Meats

OnScale

Pax Labs

Mojo Vision

Spruce Finance

Sift

STOKE Space

ZenOptics

SendGrid

Twilio

Rallypoint

Saudi Arabia-based buy now pay later (BNPL) startup Tamara, has secured a $6 million (SAR 22.5 million) seed round led by Impact46 with participation from Vision Ventures, Wealth Well, Seedra, Khwarizmi, Hala, and Nama, along with multiple family offices. This marks the largest seed round ever raised by a Saudi Arabian startup.

Founded by Abdulmajeed Alsukhan and Turki Bin Zarah and Abdulmohsen Albabtain, Tamara is the first Saudi Arabian fintech startup to acquire a sandbox licence to operate as a BNPL platform.

The fresh funds will help Tamra accelerate its growth plans as well as expand across Saudi Arabia and the UAE. Tamara’s top partners include: Namshi, Whites, Floward, Saif Gallery, Toys R Us in addition to the e-commerce enablers: Salla and Zid. The company has offices in Germany, UAE and Vietnam.

“We enable merchants to grow their sales and entice their customers with our buy now pay later and installment services that do not include any fees the customer has to pay. We strongly believe Tamara will be a game-changer for both merchants and customers. It will positively re-shape the purchasing power in the market”, said Abdulmajeed Alsukhan, CEO and co-founder of Tamara.

Abdulaziz Alomran, CEO of Impact46, added: “The fintech market is expected to reach $33 billion in transaction value by 2023. We believe that buy now pay later is an untapped area in this huge market, and we are proud to support the Saudi pioneers leading Tamara who will surely play a major role in the transformation and future of financial services in KSA & GCC.”

Tamara raises $6 million in seed funding

Nama Ventures

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Nama Ventures

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 8 sectors we invest in

Portfolio Companies or Investments

Executive Team Members

About

Legal

Social Media

Portfolio Companies
or Investments