Hala Ventures

Hala Ventures is a venture capital firm based in Al-Khobar, Kingdom of Saudi Arabia, founded in 2018. It focuses on investing in seed and early growth stage technology startups within the MENA region. Hala Ventures aims to support innovative entrepreneurs and drive the development of the technology sector in the area.

Ali Abussaud

General Partner

Hussain Almarhoon

Co-Founder and Managing Partner

Hussain Almarhoon

General Partner

Past deals in Gulf Cooperation Council

Torod

Seed Round in 2022
Torod is an API aggregator that specializes in streamlining the shipping process for e-store owners. The platform allows users to easily select the most suitable shipper based on various criteria, including price, insurance, destination, and item value, all with a single click setup. Torod enhances post-order management by providing a comprehensive solution that simplifies shipping, tracking, and managing returns from a unified interface. This service aims to alleviate the complexities of supply chain management for merchants, making it more efficient and user-friendly.

Dailymealz

Venture Round in 2022
DailyMealz is a healthy food subscription app, delivers fresh, healthy, and tasty meals. The company was founded in 2017 and based in Riyadh, Ar Riyad, Saudi Arabia.

Sarwa

Series B in 2021
Sarwa Digital Wealth Limited develops a platform that offers investment advice. It offers investment strategies for better returns, simplified investing, and automated investing. The company was founded in 2016 and is based in Dubai, United Arab Emirates.

Omniful

Seed Round in 2021
Stealth B2B SaaS

VUZ

Series A in 2021
360VUZ is a mobile application that specializes in 360-degree live video streaming, providing users with immersive virtual reality experiences. Founded in 2017 and based in Dubai, United Arab Emirates, the app delivers both live and on-demand 360 video content, focusing on events such as sporting competitions, concerts, and exclusive appearances by influencers. It has gained significant popularity, ranking first in the Entertainment category on app stores and surpassing established platforms. With over four million users, 360VUZ is recognized for its exceptional video quality and innovative technology, holding more than two patents. The company aims to establish a comprehensive ecosystem for video and virtual reality, making such experiences mainstream.

Tamara

Pre Seed Round in 2020
Tamara is a Saudi Fintech startup with a mission to empower people to buy and shop through an honest, transparent and inclusive financial solution. The company provides a Buy Now Pay Later solution for customers to pay with no fees with the ability to defer payments up to 30 days or pay in 3 installments.

VUZ

Series A in 2020
360VUZ is a mobile application that specializes in 360-degree live video streaming, providing users with immersive virtual reality experiences. Founded in 2017 and based in Dubai, United Arab Emirates, the app delivers both live and on-demand 360 video content, focusing on events such as sporting competitions, concerts, and exclusive appearances by influencers. It has gained significant popularity, ranking first in the Entertainment category on app stores and surpassing established platforms. With over four million users, 360VUZ is recognized for its exceptional video quality and innovative technology, holding more than two patents. The company aims to establish a comprehensive ecosystem for video and virtual reality, making such experiences mainstream.

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.

Sarwa

Series A in 2020
Sarwa Digital Wealth Limited develops a platform that offers investment advice. It offers investment strategies for better returns, simplified investing, and automated investing. The company was founded in 2016 and is based in Dubai, United Arab Emirates.

paymennt.com

Seed Round in 2019
PointCheckout Holding Company Ltd, founded in 2017 and based in Dubai, United Arab Emirates, operates as an innovative online payment gateway specifically designed for loyalty and reward points. It allows users to redeem and spend their reward points seamlessly within a network of participating merchants. This platform was established to address the limitations in the redemption processes of various reward programs, including those offered by banks, telecoms, and airlines. By integrating just once into the PointCheckout network, reward programs can easily expand their redemption options, providing customers with greater flexibility and convenience when shopping online. PointCheckout thus simplifies the use of reward points, enabling customers to enjoy their rewards across a diverse range of online retailers.

paymennt.com

Seed Round in 2018
PointCheckout Holding Company Ltd, founded in 2017 and based in Dubai, United Arab Emirates, operates as an innovative online payment gateway specifically designed for loyalty and reward points. It allows users to redeem and spend their reward points seamlessly within a network of participating merchants. This platform was established to address the limitations in the redemption processes of various reward programs, including those offered by banks, telecoms, and airlines. By integrating just once into the PointCheckout network, reward programs can easily expand their redemption options, providing customers with greater flexibility and convenience when shopping online. PointCheckout thus simplifies the use of reward points, enabling customers to enjoy their rewards across a diverse range of online retailers.

paymennt.com

Seed Round in 2018
PointCheckout Holding Company Ltd, founded in 2017 and based in Dubai, United Arab Emirates, operates as an innovative online payment gateway specifically designed for loyalty and reward points. It allows users to redeem and spend their reward points seamlessly within a network of participating merchants. This platform was established to address the limitations in the redemption processes of various reward programs, including those offered by banks, telecoms, and airlines. By integrating just once into the PointCheckout network, reward programs can easily expand their redemption options, providing customers with greater flexibility and convenience when shopping online. PointCheckout thus simplifies the use of reward points, enabling customers to enjoy their rewards across a diverse range of online retailers.

Sarwa

Seed Round in 2018
Sarwa Digital Wealth Limited develops a platform that offers investment advice. It offers investment strategies for better returns, simplified investing, and automated investing. The company was founded in 2016 and is based in Dubai, United Arab Emirates.

Enhance Ventures

Series A in 2018
Enhance Ventures is a venture builder based in Dubai, United Arab Emirates, focusing on developing web and mobile-enabled businesses in the Middle East, North Africa, Pakistan, and Turkey (MENAPT) regions. Founded in 2015, the company aims to create online platforms that provide life-enhancing products and services. Among its notable portfolio is joi, a leading online gift aggregator in the Middle East, which facilitates the selection and purchasing of gifts. Additionally, Enhance Ventures operates MEDIGO, a global marketplace for medical travel that streamlines the process of searching, booking, and arranging healthcare services abroad. The firm has attracted investment from various sources, including venture capital funds and prominent angel investors from the Middle East, Europe, and the United States.

Lamsa

Series A in 2018
Lamsa World is a digital platform based in Abu Dhabi, United Arab Emirates, designed for Arab-speaking toddlers and preschoolers. The company provides an interactive application that offers a variety of edutainment products, including e-books, games, videos, and music. Lamsa focuses on creating an engaging learning environment for children aged 1 to 8 years, delivering content that fosters creativity and imagination. The platform regularly updates its offerings to ensure a diverse range of educational and entertaining materials, which cater to the developmental needs of young learners. Through its innovative approach, Lamsa aims to enhance the educational experience while making learning enjoyable for children.

Telfaz11

Series A in 2018
Telfaz11 is a media production company based in Riyadh, Saudi Arabia, established in 2011. It operates an Arabic multi-channel network focused on talent management, comedy, entertainment, and content creation. The company specializes in producing and distributing engaging online content, partnering with various video platforms to reach a wider audience. Telfaz11 aims to influence social trends while delivering premium, authentic series and films that resonate both locally and universally. In addition to entertainment production, Telfaz11 offers brand promotion services, enabling brands to effectively engage with consumers through captivating content.

MAGNiTT

Seed Round in 2018
MAGNiTT, Inc. is a platform based in Dubai, United Arab Emirates, that facilitates connections between investors, mentors, and startups in the Middle East and North Africa (MENA) region. Founded in 2014, MAGNiTT offers a comprehensive startup directory featuring over 5,500 MENA startups and more than 200 investors. The platform serves as a valuable resource for emerging companies seeking funding, talent, and services, while also providing investment-related information and analytical insights. Through its subscription-based model, MAGNiTT empowers investors, entrepreneurs, and corporate entities to engage effectively and make informed investment decisions.

MAGNiTT

Seed Round in 2018
MAGNiTT, Inc. is a platform based in Dubai, United Arab Emirates, that facilitates connections between investors, mentors, and startups in the Middle East and North Africa (MENA) region. Founded in 2014, MAGNiTT offers a comprehensive startup directory featuring over 5,500 MENA startups and more than 200 investors. The platform serves as a valuable resource for emerging companies seeking funding, talent, and services, while also providing investment-related information and analytical insights. Through its subscription-based model, MAGNiTT empowers investors, entrepreneurs, and corporate entities to engage effectively and make informed investment decisions.

Democrance

Seed Round in 2017
Democrance is an insurance technology company founded in 2015 and based in Dubai, United Arab Emirates. It focuses on developing software that facilitates the distribution, servicing, and administration of insurance policies in the Middle East and Northern Africa. The company's mission is to enhance accessibility to insurance for low-income families, offering micro-insurance services that allow individuals to purchase life and health insurance through mobile platforms. Democrance aims to create partnerships that make insurance more accessible to those who need it most but can afford it least, providing essential industry expertise and comprehensive project and customer management services.

Democrance

Seed Round in 2017
Democrance is an insurance technology company founded in 2015 and based in Dubai, United Arab Emirates. It focuses on developing software that facilitates the distribution, servicing, and administration of insurance policies in the Middle East and Northern Africa. The company's mission is to enhance accessibility to insurance for low-income families, offering micro-insurance services that allow individuals to purchase life and health insurance through mobile platforms. Democrance aims to create partnerships that make insurance more accessible to those who need it most but can afford it least, providing essential industry expertise and comprehensive project and customer management services.
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