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

Past deals in Saudi Arabia

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.