DAAL

DAAL is a venture capital firm based in Al Khobar, Saudi Arabia, that focuses on growth capital and investments in emerging technologies. Established in 2017 as an offshoot of Sumou Holdings, DAAL aims to connect promising information technology opportunities globally with accomplished investors in the GCC region. The firm specializes in sectors such as Software as a Service (SaaS), Internet of Things (IoT), Artificial Intelligence (AI), fintech, big data, and various marketplace innovations. DAAL seeks to foster investment opportunities by providing mentorship and business development insights, particularly to companies looking to enter the Middle Eastern market. The experienced team at DAAL is dedicated to nurturing the growth of these emerging companies, facilitating their expansion into the Saudi market, and enabling investors to engage in high-growth IT opportunities.

Lewa Abukhait

CIO

Abdulrahman Al-Qahtani

Chief Executive Officer

16 past transactions

Ogram

Series A in 2022
Ogram is a Dubai-based company that offers a human-cloud platform for on-demand temporary staffing solutions. The platform connects clients with freelance workers across various sectors, including food and beverage, hospitality, retail, e-commerce, and logistics. By addressing common staffing challenges such as limited access to reliable personnel, lengthy onboarding processes, and the need for immediate staffing, Ogram facilitates a more efficient and flexible workforce solution. This innovative approach enables businesses to quickly book staff and service providers as needed, streamlining the hiring process and enhancing operational efficiency.

Ordera

Seed Round in 2021
Ordera is a mobile application focusing on enhancing the pick-up (takeaway) experience in the F&B industry, using Ordera people will be able to place and pay for their orders before their arrival to the venue and pick them up on the go in less than 30 seconds whether from the store or even from their cars like a virtual drive-thru. And with our built-in loyalty program, the more people use the application the more free-stuff they collect from their favorite venues. On the other hand, Ordera helps venue owners to increase their sales, know their customers, and maintain their loyal ones!

Fonibo

Venture Round in 2021
On-Demand Grocery Delivery Platform

Lozi

Convertible Note in 2020
Lozi Joint Stock Company, founded in 2014 and based in Ho Chi Minh City, Vietnam, operates an extensive e-commerce platform that addresses various consumer needs through its one-hour delivery service, Loship. The platform caters to a wide range of services including food, grocery, laundry, medicine, and flower delivery, as well as ride-hailing and B2B supply delivery. With a robust network of over 70,000 drivers and 200,000 merchants, Lozi serves nearly 2 million customers across major cities such as Hanoi, Ho Chi Minh City, Da Nang, and Can Tho. The company's innovative mobile application also assists users in discovering food, drink, and café options, enhancing the convenience of urban living in Vietnam.

Fonibo

Pre Seed Round in 2020
On-Demand Grocery Delivery Platform

Ordera

Seed Round in 2020
Ordera is a mobile application focusing on enhancing the pick-up (takeaway) experience in the F&B industry, using Ordera people will be able to place and pay for their orders before their arrival to the venue and pick them up on the go in less than 30 seconds whether from the store or even from their cars like a virtual drive-thru. And with our built-in loyalty program, the more people use the application the more free-stuff they collect from their favorite venues. On the other hand, Ordera helps venue owners to increase their sales, know their customers, and maintain their loyal ones!

Wuilt

Seed Round in 2020
Wuilt LLC is an online platform based in Miami Beach, Florida, that specializes in website design. Founded in 2016, it enables users to create websites that are responsive across all devices. The platform offers a variety of features, including pre-designed section blocks, tools for multilingual website creation, and the ability to integrate custom domains. Users can also access pre-assembled images tailored for their websites, analytics and marketing tools, customizable color palettes, and diverse font combinations. Notably, Wuilt includes a functional Arabic interface, allowing users to build Arabic websites quickly and efficiently, often in under five minutes.

Eventtus

Venture Round in 2020
Eventtus, founded in 2011 and based in Cairo, Egypt, operates a social network and an engagement platform for events, catering to both organizers and attendees. The platform allows event organizers to efficiently manage their events by providing tools to create event webpages, sell tickets, and develop mobile apps featuring schedules, speaker bios, and live announcements. For attendees, Eventtus serves as a comprehensive mobile app that consolidates event information, enabling users to interact with sessions and speakers, participate in polls, and network with other attendees. Additionally, the platform enhances user experience through features such as real-time insights, Q&A monitoring, and social feeds, all aimed at maximizing networking opportunities and improving event planning effectiveness.

Nexford University

Seed Round in 2019
Nexford University is an educational institution that provides online global education based on mastery of competencies that are relevant in the workplace. It caters markets such as the United States, the Philippines, Nigeria, and Egypt. The university was founded in 2017 and is based in Washington, District Of Columbia.

Dabchy

Seed Round in 2019
DABCHY SARL operates an online platform that provides peer-to-peer fashion marketplace. The platform allows listing of clothes, shoes, jewelry, accessories, bags, and beauty products. The company was founded in 2016 and is based in Tunis, Tunisia

Caramella

Seed Round in 2019
Caramella is a Saudi Arabian startup that has developed an online platform designed for publishing social media content. The platform offers a modern and user-friendly blogging experience, enabling users to create visually appealing articles and posts quickly. With over 80 customizable templates available, Caramella allows users to tailor their content to suit various styles and topics, enhancing the overall blogging experience.

Caramella

Convertible Note in 2019
Caramella is a Saudi Arabian startup that has developed an online platform designed for publishing social media content. The platform offers a modern and user-friendly blogging experience, enabling users to create visually appealing articles and posts quickly. With over 80 customizable templates available, Caramella allows users to tailor their content to suit various styles and topics, enhancing the overall blogging experience.

Paym.es

Seed Round in 2019
Paymes is a fintech startup providing payment solutions for social commerce with a mission to help sellers to enter e-commerce faster, easier, and safer. We are one of the fastest-growing startups in the region with operations in Turkey, Azerbaijan, and now spreading in the GCC market. We are providing easy payment solutions and features under the 3 categories. Pay with Messenger Apps. Facebook Messenger Payment Bot: Providing the ability for the merchants to accept payments in the Facebook Messenger app without downloading any extra application. WhatsApp Payment Bot: Providing the ability for the merchants to accept payments in WhatsApp without downloading any extra application. Web.Paym.es Payment Bot: Providing the ability for the merchants to accept payments on the browser without downloading any extra application. Payment Collection Solutions Corporate Collection Panel: Platform creates a fast and easy solution for the collection of payments. You can create a payment profile and share it with your customer via SMS, eMail, or get a payment link and share it via different communication channels. QR Code Payment: Allows merchants to accept payments via QR code with dynamic and static pricing. Face to Face Payments: Turns your mobile phone into the POS machine in seconds. ECommerce Solutions Open API: For the eCommerce solutions and Startups. Ready Plugins: Ready to use plugins for opensource eCommerce solutions like Opencart, woo-commerce, and more. Paymes Online Store: Allows users to list their products and sell them smoothly with payment ready integration. Shortly Paymes is a frontier payment solution of social commerce. It's smart (Using AI to assist), channel-independent, accepts global payments, as simple as chatting with a friend, and while doing all of these you don’t need to download an extra app, it's already on your phone.

PromoRepublic

Seed Round in 2019
PromoRepublic is a SaaS company based in Kyiv, Ukraine, that specializes in social media content automation for small and medium-sized businesses. Founded in 2014, the platform enhances the quality of social media posts on networks such as Facebook and Instagram by providing automation tools and customizable templates. PromoRepublic enables users to create and manage engaging marketing campaigns, including contests and sweepstakes, to attract and retain customers. The company serves a diverse clientele, including digital agencies and large corporations, and has achieved consistent growth, with over 50,000 registered users and 2.5 million social media posts published through its platform. Its technology aims to improve online visibility and maintain brand integrity for businesses with multiple locations.

Paym.es

Seed Round in 2018
Paymes is a fintech startup providing payment solutions for social commerce with a mission to help sellers to enter e-commerce faster, easier, and safer. We are one of the fastest-growing startups in the region with operations in Turkey, Azerbaijan, and now spreading in the GCC market. We are providing easy payment solutions and features under the 3 categories. Pay with Messenger Apps. Facebook Messenger Payment Bot: Providing the ability for the merchants to accept payments in the Facebook Messenger app without downloading any extra application. WhatsApp Payment Bot: Providing the ability for the merchants to accept payments in WhatsApp without downloading any extra application. Web.Paym.es Payment Bot: Providing the ability for the merchants to accept payments on the browser without downloading any extra application. Payment Collection Solutions Corporate Collection Panel: Platform creates a fast and easy solution for the collection of payments. You can create a payment profile and share it with your customer via SMS, eMail, or get a payment link and share it via different communication channels. QR Code Payment: Allows merchants to accept payments via QR code with dynamic and static pricing. Face to Face Payments: Turns your mobile phone into the POS machine in seconds. ECommerce Solutions Open API: For the eCommerce solutions and Startups. Ready Plugins: Ready to use plugins for opensource eCommerce solutions like Opencart, woo-commerce, and more. Paymes Online Store: Allows users to list their products and sell them smoothly with payment ready integration. Shortly Paymes is a frontier payment solution of social commerce. It's smart (Using AI to assist), channel-independent, accepts global payments, as simple as chatting with a friend, and while doing all of these you don’t need to download an extra app, it's already on your phone.