Faith Capital Holding

Faith Capital is a Kuwait-based venture capital firm established in 2016, specializing in investments across various stages, including seed, early, and later stages. The firm focuses on e-commerce businesses in the MENA region, targeting companies with high growth potential. With a management team that possesses extensive business experience in the Gulf Cooperation Council (GCC), Faith Capital aims to support talented founders by fostering sound operations both locally and internationally. The firm's investment interests also extend to sectors such as information technology, software as a service, mobile, and the Internet of Things, emphasizing its commitment to nurturing innovative ventures that contribute to long-term value creation.

Abdulaziz Hayat

Associate

Mohammed Jaffar

Managing Partner

Past deals in Saudi Arabia

Nana

Venture Round in 2022
Nana is an online grocery platform that provides doorstep deliveries of groceries and other home essentials. The company's platform offers a wide assortment of groceries, fruits, and vegetables, cosmetics, electronics, bakery items, and flowers that enables consumers to purchase products online and get them delivered to their homes. Nana was established in 2016 and is headquartered in Riyadh, Ar Riyad, Saudi Arabia.

Floward

Venture Round in 2020
Floward International General Trading Co. WLL operates an online flower delivery platform that specializes in customized flower arrangements for various occasions, including weddings, birthdays, and corporate events. Founded in 2006 and based in Kuwait City, the company serves customers across Kuwait, Bahrain, Qatar, Saudi Arabia, and the United Arab Emirates. Floward provides a diverse selection of products, including flower arrangements, cakes, balloons, and chocolate boxes, allowing customers to express their sentiments through thoughtful gifting. Additionally, the platform features arrangements created by celebrities and lists products from several well-known brands. This extensive range of offerings positions Floward as a prominent player in the online floral and gifting market in the region.

JustClean

Series B in 2020
JustClean is a laundry technology company based in Kuwait, established in 2017 by brothers Athbi and Nouri Al-Enezi. The company operates an on-demand platform that provides both business-to-business and business-to-consumer services, including a user-friendly app that allows users to book various cleaning services such as laundry, home cleaning, and car washes. JustClean aims to streamline the cleaning experience across the Gulf Cooperation Council (GCC) region, encompassing countries like the UAE, Saudi Arabia, Bahrain, and Qatar. By digitizing the professional cleaning industry, JustClean focuses on delivering convenience, timely service, and high-quality performance, thereby facilitating a stress-free experience for its users.

Foodics

Series A in 2019
Foodics is a cloud-based restaurant management system provider headquartered in AlKhobar, Saudi Arabia, founded in 2014. The company specializes in offering an all-in-one iPad POS solution that encompasses various functionalities, including sales management, inventory control, employee scheduling, loyalty programs, and e-commerce. Its services are tailored for the restaurant industry and are available in both English and Arabic. Foodics supports thousands of clients, including restaurants, food trucks, cafes, and fast-food chains, primarily across the Middle East. The system is designed to enhance operational efficiency and customer relationships, enabling businesses to increase revenues while simplifying management processes. With a commitment to user-friendly technology, Foodics aims to make restaurant management intuitive and accessible.

JustClean

Series A in 2019
JustClean is a laundry technology company based in Kuwait, established in 2017 by brothers Athbi and Nouri Al-Enezi. The company operates an on-demand platform that provides both business-to-business and business-to-consumer services, including a user-friendly app that allows users to book various cleaning services such as laundry, home cleaning, and car washes. JustClean aims to streamline the cleaning experience across the Gulf Cooperation Council (GCC) region, encompassing countries like the UAE, Saudi Arabia, Bahrain, and Qatar. By digitizing the professional cleaning industry, JustClean focuses on delivering convenience, timely service, and high-quality performance, thereby facilitating a stress-free experience for its users.

JustClean

Seed Round in 2018
JustClean is a laundry technology company based in Kuwait, established in 2017 by brothers Athbi and Nouri Al-Enezi. The company operates an on-demand platform that provides both business-to-business and business-to-consumer services, including a user-friendly app that allows users to book various cleaning services such as laundry, home cleaning, and car washes. JustClean aims to streamline the cleaning experience across the Gulf Cooperation Council (GCC) region, encompassing countries like the UAE, Saudi Arabia, Bahrain, and Qatar. By digitizing the professional cleaning industry, JustClean focuses on delivering convenience, timely service, and high-quality performance, thereby facilitating a stress-free experience for its users.

JustClean

Pre Seed Round in 2017
JustClean is a laundry technology company based in Kuwait, established in 2017 by brothers Athbi and Nouri Al-Enezi. The company operates an on-demand platform that provides both business-to-business and business-to-consumer services, including a user-friendly app that allows users to book various cleaning services such as laundry, home cleaning, and car washes. JustClean aims to streamline the cleaning experience across the Gulf Cooperation Council (GCC) region, encompassing countries like the UAE, Saudi Arabia, Bahrain, and Qatar. By digitizing the professional cleaning industry, JustClean focuses on delivering convenience, timely service, and high-quality performance, thereby facilitating a stress-free experience for its users.

JustClean

Acquisition in 2017
JustClean is a laundry technology company based in Kuwait, established in 2017 by brothers Athbi and Nouri Al-Enezi. The company operates an on-demand platform that provides both business-to-business and business-to-consumer services, including a user-friendly app that allows users to book various cleaning services such as laundry, home cleaning, and car washes. JustClean aims to streamline the cleaning experience across the Gulf Cooperation Council (GCC) region, encompassing countries like the UAE, Saudi Arabia, Bahrain, and Qatar. By digitizing the professional cleaning industry, JustClean focuses on delivering convenience, timely service, and high-quality performance, thereby facilitating a stress-free experience for its users.
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