DAAL

DAAL is a venture capital firm based in AL Khobar, Saudi Arabia, specializing in growth capital and emerging growth investments, particularly in Information Technology sectors such as Saas, IoT, AI, FinTech, and Big Data. Founded in 2017, DAAL aims to pioneer investment opportunities in the emerging technology sector within the GCC region and beyond. As an offshoot of Sumou Holdings, DAAL connects promising IT opportunities globally with world-class investors in Saudi Arabia, offering mentorship and business development insights to companies in the IT space. With a focus on bringing innovative companies to the GCC region, DAAL provides investors with unique high-growth opportunities within the IT sector, guiding the growth of emerging companies looking to expand into the Middle East and penetrate the Saudi market.

Lewa Abukhait

CIO

Abdulrahman Al-Qahtani

Chief Executive Officer

23 past transactions

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!

Lozi

Convertible Note in 2020
Lozi Joint Stock Company owns and operates the online platform which allows the user to sell used stuff. The company develops a mobile application solution that allows people to find food, drink, and cafe places. Lozi Joint Stock Company was incorporated in 2015 and is based in Ho Chi Minh City, Vietnam.

Dabchy

Private Placement 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

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.

PromoRepublic

Seed Round in 2019
PromoRepublic.com is a Social Media Content Automation SaaS for SMBs. They improve the quality of content posted by SMBs on Facebook, Instagram, and other social networks by providing automation tools and suggesting relevant, customizable templates of social media posts. TechCrunch called us “WIX for a small business’s social presence”. They’ve achieved a stable 15% monthly user growth with more than 50K small and medium business owners registered on the platform. 2,5 million social media posts have already been discovered, customized, and published with the help of PromoRepublic.

Eventtus

Private Placement in 2020
EVENTTUS, INC. operates a social network for events. It enables users to find interesting events, share their plans with friends, socialize during events, and meet new people. The company’s network also allows users to capture their event moments; and share photos, videos, and comments with friends. In addition, it offers various tools and services that enable users to organize and manage events. The company was founded in 2011 and is based in Cairo, Egypt.

Paper.id

Series A in 2022
Paper.id is the first free invoicing, payment, accounting and inventory app for SMEs in Indonesia.

Kamioun

Series A in 2024
Kamioun is a mobile platform that connects FMCG manufacturers to local retail shops by fast free delivery of inventory.

Fonibo

Venture Round in 2021
On-Demand Grocery Delivery Platform

Ogram

Series A in 2022
Ogram’s human-cloud platform offers on-demand temporary staffing solutions for on-site manpower, acting as a freelance marketplace connecting temporary workers to jobs in F&B, hospitality, retail, e-commerce, and logistics sectors, amongst others. The company solves staffing challenges such as limited access to reliable staff, lengthy and costly onboarding processes for temporary workers, and a lack of availability of staff at a short notice.

Fonibo

Pre Seed Round in 2020
On-Demand Grocery Delivery Platform

Eventtus

Venture Round in 2020
EVENTTUS, INC. operates a social network for events. It enables users to find interesting events, share their plans with friends, socialize during events, and meet new people. The company’s network also allows users to capture their event moments; and share photos, videos, and comments with friends. In addition, it offers various tools and services that enable users to organize and manage events. The company was founded in 2011 and is based in Cairo, Egypt.

Caramella

Seed Round in 2019
Caramella is a startup creating a modern and stylish blogging platform that is easy to use and very powerful. You can create stunning articles and posts in seconds. It has over 80 templates to help you quickly blog using your preferred style and to suite your every topic.

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.

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

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.

Caramella

Convertible Note in 2019
Caramella is a startup creating a modern and stylish blogging platform that is easy to use and very powerful. You can create stunning articles and posts in seconds. It has over 80 templates to help you quickly blog using your preferred style and to suite your every topic.

Wuilt

Seed Round in 2020
Wuilt LLC operates as an online platform for designing website. The company provides users with automatic platform to generate website that work across all devices; pre-designed section blocks to create website; tool to create multilingual website; domains and ability to integrate a custom domain; pre-assembled images that fit the user’s website; analytics and marketing tools; customizable color palettes, and multiple font combinations; and website with functional Arabic interface. Wuilt LLC was founded in 2016 and is based in Miami Beach, Florida.

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!

Ordera

Private Placement 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!

Pulppo

Series A in 2022
Pulppo is the first Tech Enabled broker for Latin America. We partner with the best brokers in the region and empower them with tools, technology and resources to create a simple and transparent buying process. Pulppo was founded by Agustin Iglesias, former GM of Inmuebles24 and founder of Tokko Broker (Acquired by Navent) and Matias Gath, former GM of Glovo in Argentina and founder of Kadabra (acquired by Glovo).

Datlo

Seed Round in 2022
Dalto is a Data analysis platform for sales and expansion teams.Dalto using artificial intelligence techniques helps companies finding market oppurtunities as new places to work, potential customers, and teams.