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 United Arab Emirates

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.

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.