500 Labs

500 Global, formerly known as 500 Startups, is a venture capital firm and incubator based in Mountain View, California, founded in 2010. The firm specializes in seed investments, primarily focusing on early-stage technology and financial services startups across various sectors, including biotech, e-commerce, fintech, and digital healthcare. 500 Global operates a four-month accelerator program, where it typically invests between $0.05 million and $1 million for a 5 to 10 percent equity stake in companies with at least $100,000 in monthly revenue. The firm targets a global market, with particular emphasis on regions such as the Middle East, Asia, Europe, and Latin America. Since its inception, it has invested in over 2,200 startups and supports the growth of innovation ecosystems through educational programs and partnerships. 500 Global also prioritizes investments in companies led by minority founders, reflecting its commitment to diverse entrepreneurial leadership.

Amjad Ahmad

General Partner

Chandini Ammineni

Partner

André Marcel Bally

Investor Relations Associate

Timothy Chae

Managing Partner

Amal Enan

Partner

Max Fram-Schwartz

Venture Partner

Christine Herron

Advisor

Twwo Pun Jaruthassanakul

Investment Associate

Yolanda Kim

Principal

Matt Lerner

Partner

Jon Li

Director, Investor Relations

Jasmine Liew

Investment Manager

Robert Neivert

Venture Partner

Khailee Ng

Managing Partner

Krating Poonpol Ph.D

Partner

Ruangroj Poonpol

Venture Partner

Natavudh Pungcharoenpong

Partner

Mameaw Sapprasert

Partner

Reena Sharma

Investor Relations Associate

Mike Sigal

Partner, FinTech

Sanjay Singhal

Partner, Canada

Tanya Soman

Venture Partner

Paulina Szyrmer

Head of Global Education

Pat Naranpat Thitipattakul

Investor

Christine Tsai

Co-Founder, Partner & Chief Executive Officer

Tony Wang

Managing Partner

Bedy Yang

Managing Partner

Paul Yoo

Chief Financial Officer

Past deals in Saudi Arabia

Drahim

Pre Seed Round in 2022
Drahim develops a digital platform on recommended investing plans after analyzing one's financial usage. It serves as a personal budget app that tracks financial transactions. Drahim is based in Riyadh, Saudi Arabia.

Omniful

Grant in 2022
Stealth B2B SaaS

Sweater

Pre Seed Round in 2022
Sweater provides include mats covering, sweater tissue, sweater freshner, covid wash, and sweater wash plus. It is a car wash outlet company. For inquiries, their email address and contact form are available on their website.

Retailo

Series A in 2022
Retailo develops an online B2B marketplace for retail supply chain in the MENAP region. The company was founded in 2020 and is based in Riyadh, Saudi Arabia.

Lucidya

Series B in 2022
Lucidya, LLC is a software as a service (SaaS) company based in Jeddah, Saudi Arabia, that specializes in social media monitoring and analytics. Founded in 2015, Lucidya offers a platform that enables businesses to gain insights into consumer behavior through real-time analysis of social media content. Its features include spike detection, trending hashtag identification, and social media statistics displayed on an interactive dashboard. The platform also provides real-time alerts, automated reporting, and competitive analysis, allowing organizations to make informed strategic decisions. Lucidya serves a diverse clientele, including agencies, brands, non-profit organizations, and media outlets, helping them to better understand and engage with their audiences.

Retailo

Seed Round in 2021
Retailo develops an online B2B marketplace for retail supply chain in the MENAP region. The company was founded in 2020 and is based in Riyadh, Saudi Arabia.

Labayh

Venture Round in 2021
mobile app that connects patients with Psychologist, and family therapist by in-app messaging and in-app calling while users are anonymous

Gathern

Series A in 2021
Gathern operates a platform which allows the users to book chalets and villas. The company was founded in 2016 and is based in Riyadh, Saudi Arabia.

Quantum Platform

Seed Round in 2021
Quantum Platform is a business-to-business product platform for sampling solutions using data-driven processes and models. The company offers targeted sampling solutions through its intelligent e-process integration. Its e-process satisfactory targets active online shoppers based on clearly defined criteria to drive real conversion rates. Quantum also creates a collaborative integration with global FMCG's and a wide range of exclusive online businesses for samples to be delivered to the target audience's doorstep. The company also offers specialized targeted sampling campaigns/online sampling using the help of data-driven models and e-process.

Lendo

Series A in 2021
Lendo is a fintech company that offers a peer-to-peer lending platform with core focus towards SMEs' debt finance. Its platform provides a variety of financing products for SMEs with an initial focus on pre-invoicing finance. The company was founded in 2019 and is based in Saudi Arabia.

Johrh

Venture Round in 2021
Johrh is an online abaya store based in the Gulf Cooperation Council (GCC) region, specializing in a diverse selection of quality abayas at affordable prices. The company offers a variety of designs crafted from different fabrics, allowing customers to find options that suit their preferences and needs. Additionally, Johrh provides the flexibility for customers to place orders tailored to their specific size requirements, making it a convenient destination for those seeking stylish and well-fitted abayas.

XCUTE

Seed Round in 2020
A freelancing service that connects small business owners with digital media freelancers for short term projects in Saudi Arabia.

Retailo

Pre Seed Round in 2020
Retailo develops an online B2B marketplace for retail supply chain in the MENAP region. The company was founded in 2020 and is based in Riyadh, Saudi Arabia.

Retailo

Pre Seed Round in 2020
Retailo develops an online B2B marketplace for retail supply chain in the MENAP region. The company was founded in 2020 and is based in Riyadh, Saudi Arabia.

Salasa

Series A in 2020
offer total solutions for your e-commerce needs and manage your complete logistics value chain. Our fulfillment services offer a cost-effective way to store your products without adding to overhead costs. Salasa provides superior pick-up and pack services with multiple shipping options that keep your products moving fast while reducing operational expenses. Salasa provides you with the peace of mind to focus on the task ahead: taking your e-commerce to the next level.

Quantum Platform

Seed Round in 2020
Quantum Platform is a business-to-business product platform for sampling solutions using data-driven processes and models. The company offers targeted sampling solutions through its intelligent e-process integration. Its e-process satisfactory targets active online shoppers based on clearly defined criteria to drive real conversion rates. Quantum also creates a collaborative integration with global FMCG's and a wide range of exclusive online businesses for samples to be delivered to the target audience's doorstep. The company also offers specialized targeted sampling campaigns/online sampling using the help of data-driven models and e-process.

Tammwel

Seed Round in 2020
Tammwel is a digital financing broker the helps clients find financial offers. It was founded in Riyadh, Ar Riyad.

Telgani

Seed Round in 2020
Telgani is a car rental service that operates through an online portal and mobile application, allowing customers to conveniently rent vehicles at competitive prices. Founded in 2018, the company is headquartered in Riyadh, Saudi Arabia. Telgani aims to simplify the car rental process, offering a user-friendly platform for individuals seeking to quickly access their preferred vehicles.

Johrh

Seed Round in 2020
Johrh is an online abaya store based in the Gulf Cooperation Council (GCC) region, specializing in a diverse selection of quality abayas at affordable prices. The company offers a variety of designs crafted from different fabrics, allowing customers to find options that suit their preferences and needs. Additionally, Johrh provides the flexibility for customers to place orders tailored to their specific size requirements, making it a convenient destination for those seeking stylish and well-fitted abayas.

Tasaira

Seed Round in 2020
Tasaira is a mobile app that helps Saudi drivers get tailored quotes from trusted repair shops.

Greenish

Seed Round in 2020
Greenish is a store for organic food products, delivery services, and multiple payment solutions. It was headquartered in Riyadh, Ar Riyad.

Quantum Platform

Seed Round in 2020
Quantum Platform is a business-to-business product platform for sampling solutions using data-driven processes and models. The company offers targeted sampling solutions through its intelligent e-process integration. Its e-process satisfactory targets active online shoppers based on clearly defined criteria to drive real conversion rates. Quantum also creates a collaborative integration with global FMCG's and a wide range of exclusive online businesses for samples to be delivered to the target audience's doorstep. The company also offers specialized targeted sampling campaigns/online sampling using the help of data-driven models and e-process.

Esar

Seed Round in 2020
Esar is a car rental market that connects and enables community members to rent unique cars that suit their needs. It creates a marketplace where car owners offer their premium cars free of charge and the tenant finds and seizes the vehicles after passing the company's verification checks. Essar specializes in daily rent from day to month and their prices are approximately 35% lower than traditional car rental companies. The company seeks and focuses on developing and enhancing trust and cooperation among members of society and creating new opportunities for the region's societies in the field of car rental and travel. It is headquartered in Jeddah, Makkah.

Haseel

Seed Round in 2020
Haseel is a mobile-only e-commerce platform based in Riyadh, Saudi Arabia, specializing in the delivery of fresh fruits and vegetables. Founded in 2018, Haseel offers users a convenient way to order high-quality produce directly from their smartphones. The platform is designed to cater to modern consumer needs by providing a selection of the best crops at competitive prices, aligning with the digital age's demand for efficiency and accessibility in grocery shopping.

Speero

Seed Round in 2020
Speero is an online platform based in Riyadh, Saudi Arabia, that facilitates the buying and selling of new and used automotive spare parts through its website and mobile applications. Founded in 2017, the company provides users with the ability to order spare parts online and offers support through a specialized team that assists with queries, quotations, and product information. Speero aims to streamline the automotive spare parts marketplace, making it more accessible for consumers and businesses alike.

Telgani

Seed Round in 2019
Telgani is a car rental service that operates through an online portal and mobile application, allowing customers to conveniently rent vehicles at competitive prices. Founded in 2018, the company is headquartered in Riyadh, Saudi Arabia. Telgani aims to simplify the car rental process, offering a user-friendly platform for individuals seeking to quickly access their preferred vehicles.

Lean

Seed Round in 2019
Lean Technologies Limited is a Saudi B2B company that specializes in providing a developer-friendly application programming interface (API) platform aimed at facilitating access to financial data and payment initiation for fintech companies. Founded in 2019 and headquartered in Riyadh, the company partners with financial institutions to create an integration layer that enhances existing systems while ensuring transparency and control over shared customer data. Lean offers a Universal API that allows fintechs to connect with multiple financial institutions through a single platform, thereby simplifying the integration process and enabling seamless access to users' bank accounts. This approach helps both developers and financial institutions navigate the complexities of financial infrastructure while maintaining oversight and security.

Workhint

Seed Round in 2019
Workhint LLC develops a software as a service (SaaS) based platform that connects companies with independent management consultants on demand. Its platform offers features, such as invitation link to onboard experts to the platform, video call, hours tracking offline or online, invoicing tool to help organizations pay experts based on hours tracked, and messaging and file sharing tools to helps experts and users share texts, agree on meeting time, and more. The company was founded in 2017 and is based in Al Khobar, Saudi Arabia.

Trteeb

Seed Round in 2019
Trteeb operates an online platform for customized tailor clothing for Arab traditional thobes connecting users to tailors. The company was founded in 2017 and is based in Riyadh, Saudi Arabia.

Sabbar

Seed Round in 2019
Sabbar is an on-demand staffing platform that specializes in blue-collar jobs in the retail, hospitality, and entertainment industry in MENA. Our platform enables businesses to hire casual staff during peak hours or high seasons by connecting them to highly qualified and fully vetted professionals. Additionally, we relieve our customers from associated administrative costs by streamlining a lengthy process that typically includes interviews, training, placement, shift scheduling, worker payments, and everything in-between. To learn more, visit: sabbar.com

Gathern

Seed Round in 2019
Gathern operates a platform which allows the users to book chalets and villas. The company was founded in 2016 and is based in Riyadh, Saudi Arabia.

Lendo

Seed Round in 2019
Lendo is a fintech company that offers a peer-to-peer lending platform with core focus towards SMEs' debt finance. Its platform provides a variety of financing products for SMEs with an initial focus on pre-invoicing finance. The company was founded in 2019 and is based in Saudi Arabia.

Floward

Seed Round in 2019
Floward International General Trading Co. WLL operates an online flower platform that specializes in customizable flower arrangements for various occasions, including weddings, anniversaries, and corporate events. Founded in 2006 and based in Kuwait City, the company serves customers across Kuwait, Bahrain, Qatar, Saudi Arabia, and the United Arab Emirates. Floward's platform features a wide selection of arrangements, including those created by celebrities, and offers products from various brands such as Godiva and The Cake Shop. The service aims to cater to diverse customer needs by providing unique floral options for celebrations and personal expressions.

Greenish

Seed Round in 2019
Greenish is a store for organic food products, delivery services, and multiple payment solutions. It was headquartered in Riyadh, Ar Riyad.

Yabi

Seed Round in 2019
Souqalmal.com LLC FZ operates a leading financial comparison website in the Middle East, providing consumers in the UAE and Saudi Arabia with the tools to search and compare various financial products. Founded in 2012 and headquartered in Dubai, the platform offers detailed information on credit cards, personal loans, car loans, bank accounts, mortgages, and various insurance options, including car, home, travel, and SME insurance. Users can obtain real-time quotes for insurance in under 60 seconds and have their policies issued within an hour. Souqalmal.com has also expanded its services to include mobile phone and broadband plans, as well as educational options like schools and nurseries. The company has received multiple awards for its innovative approach and has grown its insurance business significantly. With backing from notable investors and a proven track record, Souqalmal.com continues to empower consumers to make informed financial decisions.

Gathern

Seed Round in 2019
Gathern operates a platform which allows the users to book chalets and villas. The company was founded in 2016 and is based in Riyadh, Saudi Arabia.

Tesh Tesh

Seed Round in 2019
At Tesh Tesh, they all come to work every day because they want to solve a big problem that faces travelers adventurers and outdoor lovers. Personal hygiene after the call of nature. In most countries around the world and rural places there's no easy solution to cleaning when you go to the bathroom and do your business. In the four years they have been running and after many iterations they have developed the best gadget to solve that problem. Their portable bidet is of most convenience and will make toilet hygiene worries a thing of the past.

Taker

Seed Round in 2019
Taker, SaaS-based online ordering system for restaurants where it helps them set up their branded ordering website and apps instantly.

Dhad

Venture Round in 2019
Dhad is an audio publishing house that produces and publishes books. The publishing house provides a wide range of fiction and non-fiction titles that can be accessed on any device, anywhere, for easy listening. Its content is also accessible through its website and smartphone app. Manar Saud Alomayri founded the Riyadh, Ar Riyad-based company in 2015.

Dailymealz

Seed Round in 2019
DailyMealz is a healthy food subscription app, delivers fresh, healthy, and tasty meals. The company was founded in 2017 and based in Riyadh, Ar Riyad, Saudi Arabia.

Haseel

Venture Round in 2019
Haseel is a mobile-only e-commerce platform based in Riyadh, Saudi Arabia, specializing in the delivery of fresh fruits and vegetables. Founded in 2018, Haseel offers users a convenient way to order high-quality produce directly from their smartphones. The platform is designed to cater to modern consumer needs by providing a selection of the best crops at competitive prices, aligning with the digital age's demand for efficiency and accessibility in grocery shopping.

Speero

Pre Seed Round in 2019
Speero is an online platform based in Riyadh, Saudi Arabia, that facilitates the buying and selling of new and used automotive spare parts through its website and mobile applications. Founded in 2017, the company provides users with the ability to order spare parts online and offers support through a specialized team that assists with queries, quotations, and product information. Speero aims to streamline the automotive spare parts marketplace, making it more accessible for consumers and businesses alike.

Esar

Pre Seed Round in 2019
Esar is a car rental market that connects and enables community members to rent unique cars that suit their needs. It creates a marketplace where car owners offer their premium cars free of charge and the tenant finds and seizes the vehicles after passing the company's verification checks. Essar specializes in daily rent from day to month and their prices are approximately 35% lower than traditional car rental companies. The company seeks and focuses on developing and enhancing trust and cooperation among members of society and creating new opportunities for the region's societies in the field of car rental and travel. It is headquartered in Jeddah, Makkah.

Gathern

Seed Round in 2018
Gathern operates a platform which allows the users to book chalets and villas. The company was founded in 2016 and is based in Riyadh, Saudi Arabia.

Dhad

Seed Round in 2018
Dhad is an audio publishing house that produces and publishes books. The publishing house provides a wide range of fiction and non-fiction titles that can be accessed on any device, anywhere, for easy listening. Its content is also accessible through its website and smartphone app. Manar Saud Alomayri founded the Riyadh, Ar Riyad-based company in 2015.

Telgani

Pre Seed Round in 2018
Telgani is a car rental service that operates through an online portal and mobile application, allowing customers to conveniently rent vehicles at competitive prices. Founded in 2018, the company is headquartered in Riyadh, Saudi Arabia. Telgani aims to simplify the car rental process, offering a user-friendly platform for individuals seeking to quickly access their preferred vehicles.

Foodics

Series A in 2017
Foodics is a company that provides a cloud-based restaurant management system utilizing iPad technology, designed specifically for the food service industry. Founded in 2014 and headquartered in AlKhobar, Saudi Arabia, Foodics offers a comprehensive suite of tools including a point-of-sale system, inventory management, employee scheduling, and customer loyalty programs. The platform supports both English and Arabic, catering to a diverse clientele in the Middle East, which includes restaurants, food trucks, cafes, and fast-food chains. With a focus on enhancing operational efficiency, Foodics enables its clients to manage transactions and analyze performance through its management dashboard and various add-on applications. The company has established five locations across the region and serves over a thousand customers, facilitating the processing of more than a billion orders.

Alwans

Series A in 2017
A leading saudi company with diverse interests and capabilities.

Maestro

Seed Round in 2016
Maestro is a platform based in San Francisco that empowers broadcasters to create engaging video experiences for their audiences. It offers a white-label solution for enterprise live streamers, enabling them to own, engage, and monetize their viewers effectively. The platform features tools designed to drive audience interaction at critical moments while capturing user data for analytics and marketing purposes. Notable customers include major companies such as Microsoft, PlayStation, and Capcom, highlighting Maestro's capability to serve high-profile clients in the entertainment and gaming industries.