Khwarizmi Ventures
Khwarizmi Ventures is a corporate venture capital firm established in 2018 and based in Riyadh, Saudi Arabia. It is affiliated with Kadi Group Holding and Almoujil Group Holding. The firm focuses on investing in startups that leverage algorithms to enhance technology and improve quality of life. Khwarizmi Ventures targets seed-stage, early-stage, and later-stage companies operating primarily in the e-commerce, financial technology, digital health, and property technology sectors within the Middle East and Northern Africa region. Through its investments, the firm aims to support entrepreneurs in realizing their visions and aligning their objectives with advancements in technology.
Erad is a company that provides growth capital to online enterprises, particularly startups in the Middle East. It operates an online fund management platform that facilitates connections between businesses and their sales, marketing, and accounting data. This platform offers non-dilutive capital funding, allowing companies to secure necessary financial resources without giving up equity. In addition to funding, Erad equips businesses with valuable insights and analyses that can help enhance profitability and support their expansion efforts.
Soum is reimagining recommence in the MENA region and beyond by building the most convenient, trustworthy, and transparent recommence marketplace, starting with consumer electronics in Saudi Arabia.
Erad
Pre Seed Round in 2022
Erad is a company that provides growth capital to online enterprises, particularly startups in the Middle East. It operates an online fund management platform that facilitates connections between businesses and their sales, marketing, and accounting data. This platform offers non-dilutive capital funding, allowing companies to secure necessary financial resources without giving up equity. In addition to funding, Erad equips businesses with valuable insights and analyses that can help enhance profitability and support their expansion efforts.
Soum is reimagining recommence in the MENA region and beyond by building the most convenient, trustworthy, and transparent recommence marketplace, starting with consumer electronics in Saudi Arabia.
POSRocket
Venture Round in 2021
POSRocket, founded in 2016 and based in Amman, Jordan, offers a cloud-based point-of-sale (POS) system designed to replace traditional cash registers. The platform is user-friendly and caters to a diverse range of businesses, including restaurants, boutique shops, coffee shops, bakeries, salons, spas, and dry cleaners. POSRocket's solution helps clients manage and grow their operations by optimizing manpower resources, regulating inventory, and generating various sales reports. This technology allows business owners to monitor their operations in real-time from any device, enabling smarter decision-making and enhanced operational efficiency.
Aoun
Venture Round in 2019
Aoun Inc, established in 2016 and headquartered in Amman, Jordan, operates an online platform that connects households with maintenance service providers. The platform facilitates access to various utility services, including towing, plumbing, and water tank services, among others. Aoun enhances the user experience by incorporating a review and rating system, allowing customers to make informed decisions when selecting service providers.
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