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

Amal Enan

Partner

Max Fram-Schwartz

Venture Partner

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

Tony Wang

Managing Partner

Paul Yoo

Chief Financial Officer

Past deals in Saudi Arabia

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.

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.

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.

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.

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.

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.

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.

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.

Aerodyne

Series B in 2019
Aerodyne Systems Sdn. Bhd. specializes in AI-driven drone data capture and analytics services, providing drone-based inspection and software solutions. Founded in 2014 and headquartered in Cyberjaya, Malaysia, the company has expanded its presence internationally with offices in Australia, the United Kingdom, Denmark, Chile, Indonesia, Japan, India, and the United States. Aerodyne develops DT3 (drone technology, data technology, and digital transformation) solutions that address the complex challenges faced by various industries, offering services such as transmission tower inspection, wind turbine assessments, and solar farm evaluations. These capabilities enable organizations to enhance operational efficiency, drive digital transformation, and improve productivity across critical infrastructures.

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.

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.

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.

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.