Seed

Others

Unknown Series Round

Pre-Series A

Pre-Seed

Riyadh

Series A

Uncover Waad Investment's funding activity and portfolio companies. Find tailored investor profiles on Lucidity Insights.

Waad Investment

WAAD invests in founders building high-growth technology companies. We focus on markets where technological innovation and strategic capital can unlock long-term value and drive sustainable economic progress.

Series B

Gathern

Hospitality

Travel

Technology

Marketplace

Rental

Gathern is a P2P vacation rental platform licensed by Saudi Arabian  Ministry of Tourism. Gathern offers a wide range of advantages for both Guests and Hosts.

Safqah Capital

Fintech

Proptech

Real Estate

Investment

Safqah Capital Company is the first financing company using debt instruments in the real estate development sector, licensed by CMA.

EdfaPay

Payments

Financial Services

EdfaPay Is a Fintech Company That Uses Soft-PoS Technology and Payment Gateway Services for Online and Offline Merchants to Give the Most Efficient Payment Solutions!

Dubai

Zest Equity

Finance

Information Technology

Investment Platform

Investment Management

Financing Platform

Zest is building digital infrastructure to power private market transactions.

Hakbah

Hakbah is a Saudi fintech startup specialized in alternative saving and Savings Groups. Hakbah mission is to digitize financial habits by developing innovative savings products that help increase financial inclusion, support a non-cash society, and bridge the gender gap in savings. Hakbah is revolutionizing how people achieve their financial goals, together.

Mala Inc.

Lending

Mala provides a buy now, pay later (BNPL) solution specifically designed for B2B transactions in the MENA region. The platform enables businesses to manage their cash flow more effectively while making purchases.

Jeddah

Tamra Capital

Wealth Management

Asset Management

Empowering individuals to manage their investments and wealth seamlessly through a robo-advisory platform.

Dammam

Munjz

Professional Services

Housing

Munjz is a proptech solution that connects people looking for household services.

Lahore

Colabs

Collaboration

Coworking

Facilities Services

COLABS is the region’s leading flexible workspace provider and community-building platform, enabling innovation and impact through its spaces, business solutions, and ecosystem initiatives.

Nqoodlet

Payment

Small and Medium Businesses

Nqoodlet is a fintech company providing an expense management platform that enables small and medium-sized enterprises to control spending, track expenses, and manage purchases through employee-issued credit cards.

Ejaro

Transportation

Public Transportation

Trading Platform

Ejaro is the leading peer-to-peer vehicle sharing marketplace in Saudi Arabia

Ebana | إبانة

Ebana provides and operates equity management, investors relations, and investment operations digital solutions.

DESAISIV

AI/IoT

SaaS

Healthtech

Insurance

Artificial Intelligence (AI)

Insurtech

DESAISIV, a MENA based InsurTech startup specializing in health insurance which is transforming health insurance for insurers and clients through exploiting their advanced AI solutions which were developed in collaboration with top machine learning scientists from the University of Oxford.

Dhahran

Deal App

Deal App operates as an real estate app. Deal App designs an intricate digital solution by adopting the 'request-oriented business model', in which property seekers submit their requests through the app to receive appropriate offers directly from the active agents in the neighborhoods they are targeting.

Muscat

Sampo AI

Analytics

Business Intelligence

Retail Technology

Sampo AI helps MENA based e-commerce companies boost revenue and profits, by optimizing prices in real-time based on demand, supply and market conditions.

Byanat

Infrastructure

Big Data

Enterprise Software

Telecommunications

A SaaS analytics platform to connect, maintain, and scale infrastructure

Debt Financing

Shaffra

Artificial Intelligence

Web3

Metaverse

Shaffra: Your Gateway to the Metaverse 🌌

In a digital era where the lines between the virtual and real blur, Shaffra emerges as the premier Metaverse-as-a-Service (MaaS) provider, championing the seamless fusion of digital and physical realms. Dive deep into our world, where innovation isn't just encouraged—it's the very fabric of our existence.

🚀 Proprietary Technology: Unlike many in the field, we don’t just ride the wave; we create it. Our in-house metaverse engine, borne from unparalleled technological expertise, reflects our dedication to advancing the metaverse frontier beyond mere brand recognition.

🤝 For Businesses & Governments: Tailored solutions await entities keen on exploring the metaverse's vast potential. From game-like 3D graphics on web browsers to robust data analytics and secure hosting services, Shaffra crafts unique, immersive environments tailored to your mission and vision.

🛠️ Empowerment for SMEs: Metaverse democratization is at our core. With intuitive templates and a bespoke metaverse builder, SMEs can construct and personalize their digital domains, integrating effortlessly with larger corporates and governmental bodies.

🤖 AI: The Metaverse's Pulse: AI isn't just an add-on; it's embedded deeply into our DNA. Experience AI-generated content, ultra-realistic avatar voices, and intelligent interactions that redefine the boundaries of what's possible.

Why Shaffra? It's simple. With us, you're not just picking a service—you're choosing a visionary partner committed to crafting the future of digital interactions. As pioneers in the metaverse realm, we understand its transformative potential and are fervently dedicated to its evolution.

Join us in reshaping digital frontiers. With Shaffra, the metaverse isn't just a buzzword—it's reality, brought to life.

Shaffra. Metaverse, made real. 🌌🔗🚀

Teammates.ai

Generative AI

Software

Our Autonomous AI Teammates handle entire business functions—end-to-end—working seamlessly alongside human teams to deliver superhuman results.

Siolla.

Apps

Siolla. develops an online platform that offers micro-investing from spare changes.

Awaed

Islamic Finance

Awaed is a financial services company that specializes in commission-free trading and investment management.

Sak Real Estate Platform

Commercial & Residential Leasing

At Sak Real Estate, we aim to transform the real estate buying experience in Saudi Arabia by providing all the necessary details for property purchases with complete transparency and multiple methods.

Taker

E-Commerce

Restaurants

Mobile Apps

Taker enables restaurants of all sizes to leverage the state of the art technology through which they can expand digitally.

Automation

Machine Learning

Data Center

Byanat AI provides an enterprise platform that unifies and governs operational data to enable analytics, automation, and AI-driven decision-making in telecom and data center environments.

Waad Investment portfolio - DESAISIV

Riyadh-based EdfaPay has secured USD 5 million in Pre-Series A funding to strengthen its position in Saudi Arabia and expand into new markets across the MENA region and Pakistan. 

The round was led by OmanTel Innovation Labs with participation from Aljabr MENA and Waad Investment, signaling robust investor confidence in the company’s fintech vision.

EdfaPay Raises USD 5M to Power Fintech Expansion Across MENA

Saudi Arabia-based fintech EdfaPay has secured a $5 million pre-Series A funding round led by OmanTel Innovation Labs, with participation from Aljabr MENA and Waad Investment.

EdfaPay closes $5 million pre-Series A to fuel MENAP expansion

Awaed - Waad Investment's Portfolio

📈 Founded in 2024, Waad has invested in over 35 PortCos, including Mala Inc., Awaed, Zest Equity, COLABS, DESAISIV, EdfaPay, among others.

Saudi Arabia based investment firm Waad Investment ("Waad") recently raised a new fund

Waad Investment Portfolio

Mala, a Saudi Arabia-based B2B fintech platform, has raised $7 million in a pre-seed funding round led by VentureSouq, with participation from D Global Ventures, M Capital, BECO Capital, Access Bridge Ventures, Waad Investment, Palm Ventures, and Shorooq Partners. The funding will support Mala's 'Procure-Now, Pay-Later' solution aimed at SMEs, offering flexible credit terms to buyers and immediate cash payments to suppliers. The platform is set to launch in Saudi Arabia in Q4 2024.

Saudi B2B fintech Mala secured $7 M Pre-seed funding

Oman-based ecommerce pricing platform Sampo AI has raised $750,000 in its pre-seed funding round, the largest ever in the country. Led by Omantel Innovation Labs and Waad Investment, with participation from Hexnture and Saudi angel investors, the funding highlights both confidence in the startup’s potential and the future of AI-optimised ecommerce. Founded in 2024, Sampo AI uses AI to help e-commerce businesses optimise pricing strategies.

Sampo AI raises $750K in Oman’s largest pre-seed round

Byanat, the pioneering AI platform for digital infrastructure observability, today announced the successful closure of its Pre-Series A funding round, led by Golden Gate Ventures. The round also saw participation from Qatar Development Bank (QDB), Omantel Innovation Labs, Salcia Oryx Fund, Waad Investment, PlusVC, and high-profile angel investors.

Byanat Secures Pre-Series A Funding Led by Golden Gate Ventures to Advance AI-Powered Digital Infrastructure Observability

Saudi Arabia-based fintech Nqoodlet has raised $3 million in a seed round led by Waad Investments, with participation from OmanTel, 500 Sanabil Investment, Oqal, Seed Holding, and other investors.
Founded by Mohamed Milyani and Yara Ghouth, Nqoodlet provides small and medium businesses across Saudi Arabia and the GCC with a financial operating system that includes smart corporate cards, real-time expense tracking, automated VAT filing, and financial planning tools — all designed to bring clarity, control, and efficiency to SME financial operations.
The funding will be used to expand banking infrastructure, launch new features such as open banking integrations and automated tax reporting, grow the team, and deepen partnerships with banks and ecosystem players, supporting Nqoodlet’s mission to become the financial backbone for SMEs in the region.

Nqoodlet bags $3 million Seed funding to boost SME finance in MENA

Nqoodlet - Waad Investment's Portfolio

Pakistan’s co-working platform COLABS has raised $2 million in a pre-Series A round led by UAE’s Shorooq Partners and with participation from Saudi Arabia’s Waad Investment.

Waad Investment

Funding Deals, by Region

No. of Portfolio Companies

We Invest in Startups in the Following Stages

Statistics

Sectors we invest in

Top 9 sectors we invest in

Portfolio Companies
or Investments

Waad Investment

Funding Deals, by Region

No. of Portfolio Companies

We Invest in Startups in the Following Stages

Statistics

Sectors we invest in

Top 9 sectors we invest in

Portfolio Companies or Investments

Portfolio Companies
or Investments