Seed

Pre-Seed

Series C

Series B

Series A

Others

Debt Financing

Africa

Levant

Asia (ex. GCC & Levant)

Rest of World

Riyadh

Omar Almajdouie

Saed Nashef

Talal Alasmari

Wael Nafee

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

Investment in Startup

RAED Ventures

Real Estate

Fintech

E-Commerce

Transportation

Retail & Wholesale

Art-Media-Entertainment

Education

AI/IoT

RAED Ventures is an early and growth stage venture capital firm established in Riyadh in 2015.

Pre-IPO

Tabby

BNPL

Lending

Tabby is a buy now, pay later (BNPL) platform that allows shoppers to split their purchases into multiple installments at no additional cost from various merchants.

TruKKer

Logistics

Freight Service

Supply Chain Management

TruKKer is a technology-enabled truck aggregator that operates multiple truck types for multiple end markets.

Dubai

Swvl

Internet

Swvl is a tech-enabled mobility platform that provides safe, reliable, and convenient mass transit solutions in 115 cities worldwide, including Europe, Africa, Asia, the Middle East, and Latin America.

Foodics

Software Dev/Test

Foodics is a restaurant management system that manages sales, transactions, inventory, employee schedules, and customer relationships.

Unifonic

Support & Management Services

Marketing/Sales

Customer Experience

Customer engagement platform that unifies communication channels to enable organizations to delight customers.

Makkah

Salla

Technology

SaaS

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

Sary

MENAP B2B marketplace connecting small businesses with wholesalers and lenders to procure supply efficiently.

Fetchr

Fetchr is a Dubai-based logistics and delivery company that offers real-time tracking, scheduling, and innovative solutions for businesses and individuals in the MENA region and beyond.

Cairo

Trella

Logistics & Storage

Trella is a b2b technology platform and trucking marketplace that connects shippers with carriers in the highly fragmented freight industry.

Noon Academy

Social learning platform making learning a more joyful, collaborative, and innovative experience.

Opontia

Provides a fast and fair way for small e-commerce business owners to sell their companies.

Bayzat

Bayzat is a technology SaaS company that provides insurance, payroll, and human resources solutions for businesses.

Qlub

Qlub develops a fast and secure payment solution for consumers in restaurants.

Lean

Lean is a B2B fintech platform that builds developer-friendly APIs. Developers can build and launch cutting-edge financial products to connect to their users’ bank accounts.

Syarah

Automotive

Syarah specializes in online car sales, offering assistance with purchases and financing options in Saudi Arabia and the region.

Amman

Tamatem

Gaming

Tamatem is a mobile games publisher that focuses on providing the users with culturally relevant games.

Quant Data & Analytics

Saudi consultancy which provides Data Science, AI and BI services and SaaS products.

Slurrp Farm

Foodtech

Sylndr

Automotive focused e-commerce marketplace bringing innovation to the used-cars market.

Rabbit

Rabbit is an Egyptian company that offers fast grocery and item delivery from local fulfillment centers to customers' homes, with a promise of delivery within 20 minutes or less.

Mozn

Market leader in enterprise AI technologies that empower organizations, with a focus on Arabic NLU and Finance intelligence.

Sifi

Financial Services

SiFi aims to assist companies get in control of their expenses.

buildnow

Credit

Business Development

Morni

Interactive platform that provides roadside assistant services.

Hala

Hala is a prominent fintech company that seeks to transform financial services and develop the future bank for small and medium-sized enterprises (SMEs).

Sheikh Zayed

Grinta

Grinta is a pharmaceutical supply chain that uses AI and ML to empower local pharmacies.

Al Khobar

ALWANS

Funding

Investment

Advisory and Consulting

Entrepreneurship

ALWANS is a leading saudi company with diverse interests and capabilities.

Taager

Social e-commerce platform enabling online merchants with end-to-end logistics.

Lamaa

Finance

Intelligent Systems

Lamaa develops financial technology solutions to small and medium enterprises.

SimpliFi

Mission to democratize payments by building the leading Cards as a Service (CaaS) platform for MENA and Pakistan.

Crowd Analyzer

Analytics

Crowd Analyzer offers tools for brands and agencies monitor, analyze, and activate digital crowds.

Dawul

Social Network

Dawul is a platform that allows investors to share details of the financial status of their portfolios with other investors.

palm.hr

IT & Communication

Golden Scent

Leading Saudi beauty ecommerce platforms.

ZEAL

Retail

Wafeq

Easy-to-use accounting software that empowers SMEs to run their business better.

Eventtus

Guides

Eventtus is an engagement platform to manage events, sell tickets and build an interactive event app in few minutes.

Lahore

Zarya App

Melltoo

Mobile marketplace for buying and selling second hand things.

Aqarmap

Real estate marketplace that specializes in providing real-estate management services.

SocialDice

Innovative hiring solution that makes hiring easy, smart and fun tailored for SMEs in the Middle East & North Africa.

Manama

Malaeb

Media

Entertainment

Community app for football players that allows you to join matches and book fields

Tweeq

Digital Banking

Expense Tracker

Tweeq is offering a a feature-rich spending account for modern individuals and SME's with a user first approach.

Dhad

Audio publishing house that produces and publishes books.

MRSOOL

Logistic

MRSOOL connects with people around you who will help you with your tasks, it allows users to order a wide range of products, including food, groceries, and household items, from local stores and have them delivered to their doorstep.

California

Vectara

Machine Learning

Artificial Intelligence (AI)

Developer

Vectara is the Trusted Generative AI for Enterprise Applications, a Serverless Retrieval Augmented Generation (RAG) platform that simplifies RAG & ML pipeline for better generative outcomes in applications, chatbots, and products.

Vectara's product is an end-to-end Serverless Retrieval Augmented Generation API platform for embeddingpowerful generative AI functionality into applications, chatbots, and products with extraordinary results that are grounded in, and never trained on, the data, documents, and knowledge that they have. Built on a solid hybrid-search core, Vectara delivers the shortest path to a correct answer-action through a safe, secure, and trusted entry point that allows businesses to quickly, safely, and affordably integrate best-in-class conversational AI and question-answering into their application with zero-shot precision. Vectara's serverless RAG platform solves critical problems required for enterprise adoption, namely: reduces hallucination, provides explainability, provenance, enforces access control, allows for real-time updatability of the knowledge, and mitigates intellectual property and bias concerns from large language models.

Vectara is your GenAI Partner, our commitment to value co-creation and mutual success is intrinsic to Vectara’s Ecosystem Partnerships, designed to foster collective enrichment for “Better Together” differentiation, and co-shape the ‘art of possible’ in GenAI Ecosystem.

525K

Riyad-based social trading platform Dawul announced on Tuesday that it has raised $5 million in a seed round led by RAED Ventures with participation from Impact46, Seedra Ventures, Derayah Venture and Sukna Ventures.

Dawul platform is the leading platform specialized in social trading. Established in 2020, it acquired a permit from the Saudi Capital Market Authority to conduct financial technology experiments by the end of the same year, and  was officially launched in July 2021. Dawul is built to help beginner investors keep looking for automated ways to execute trades or, what’s even better, follow professional traders and their portfolios and investment strategies. This way, they can obtain details of the traders’ operations directly and in real time.

Dawul also introduced the “investment funds” product, which allows users to view the data of investment funds in the Saudi market, and to see all updates and analysis related to their own preferred funds. All this is through alerts and notifications that are sent periodically to help beginners in making decisions regarding the buying and selling of stocks, and the building of their investment portfolios in a transparent and safe manner.

Dawul plans to take advantage of this investment round by expanding its offers of social trading-related products, as well as expanding its network in the Middle East and North Africa. The platform aims to target the American and British market with its services,  while focusing its efforts on recruiting talent in the fintech industry.

“We are excited to move forward with this fund and we expect to be the first choice for traders in the region based on our value, upgrading the investor experience, and improving transparency in the financial sector,” said Mr. Mansour Al-Harbi, Founder and CEO of Dawul, in response to this funding round.

Co-founder of RAED Ventures Mr. Talal Alasmari commented on this funding round: “There are enormous opportunities behind the concept of social trading which have not yet been applied in the region. We are pleased to be investing in Dawul platform which is the first to introduce this concept to the Saudi market through a safe and transparent platform, and with the support of the Capital Market Authority to raise awareness among investors. We believe in the ability of the Dawul team to expand and serve  the whole MENA region.”

“The initiatives from public and private sectors on the importance of investment, along with the people’s awareness of the value of investments, there is a gap of knowledge in the investment field and its risk. Dawul’s fills the gap by empowering experts in the investment field to share their experience. We bet on the vast experience of Mansour Al-Harbi driving the social trading platform Dawul forward” Mohammed Alnasyan from Impact46 commented on the investment.

RAED 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 10 sectors we invest in

Portfolio Companies
or Investments

Executive Team Members

Other Investors

About

Legal

Social Media

RAED 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 10 sectors we invest in

Portfolio Companies or Investments

Executive Team Members

Other Investors

About

Legal

Social Media

Portfolio Companies
or Investments