Inspire Ventures

Venture Capital Company based in Riyadh, Saudi Arabia that Invests in Seed & Early-Growth stage companies

Rakan Alakeel

Founder and Partner

6 past transactions

Gathern

Seed Round in 2018
Gathern operates a vacation rental marketplace based in Riyadh, Saudi Arabia, founded in 2016. The platform enables users to easily book a diverse range of accommodations, including villas, chalets, apartments, farms, caravans, desert cottages, and campsites. Gathern allows property owners to list their rentals directly without the need for a rental license, providing a hassle-free way for hosts to monetize their properties. The service caters to travelers and adventure seekers looking for convenient and varied lodging options.

WakeCap Technologies

Seed Round in 2018
WakeCap Technologies specializes in IoT-based solutions aimed at enhancing safety and productivity within the construction industry. The company provides a platform that allows construction firms to monitor and report on various site activities in real-time, including the tracking of materials, equipment, and workforce presence. By utilizing Internet-of-Things sensors and real-time data analytics, WakeCap empowers construction companies to optimize resource allocation, improve operational efficiency, and make informed decisions based on valuable insights. This innovative approach helps streamline processes, thereby transforming workforce management and contributing to safer and more productive construction environments.

WakeCap Technologies

Convertible Note in 2018
WakeCap Technologies specializes in IoT-based solutions aimed at enhancing safety and productivity within the construction industry. The company provides a platform that allows construction firms to monitor and report on various site activities in real-time, including the tracking of materials, equipment, and workforce presence. By utilizing Internet-of-Things sensors and real-time data analytics, WakeCap empowers construction companies to optimize resource allocation, improve operational efficiency, and make informed decisions based on valuable insights. This innovative approach helps streamline processes, thereby transforming workforce management and contributing to safer and more productive construction environments.

Salla

Seed Round in 2018
Salla is a Saudi-based e-commerce platform that enables users to create their own online stores in Arabic, allowing them to sell products and services directly to customers. Users can personalize their stores by choosing from various design templates and establishing a branded domain name. The platform offers comprehensive inventory management and marketing tools, along with features such as automatic invoicing, customer database management, and promotional capabilities like discounts and offers. Additionally, Salla provides detailed reports that help store owners analyze performance metrics and optimize their operations. This functionality allows e-commerce merchants to manage their businesses efficiently without incurring fees or commissions.

Malaeb

Seed Round in 2017
Malaeb is community app for football players that allows you to join matches and book fields.

Ngwah

Seed Round in 2017
Ngwah is an online food delivery industry established in 2017 and raised a couple of inverstment rounds. Ngwah is powered by a very advanced technologies developed locally by Saudi engineers and many of those technologies are based on machine learning and AI algorithms where Ngwah select the best food and restaurants that fit you as a customer.
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