Impact46

Impact46 is a venture capital firm established in 2019 and located in Riyadh, Saudi Arabia. The firm specializes in social impact acceleration, seeking to promote and support alternative investment opportunities within the Saudi Arabian market. By focusing on ventures that drive both economic growth and social benefits, Impact46 aims to contribute to the development of sustainable business practices in the region.

Reema Almahfouz

Community Associate

Abdulaziz Alotaibi

Investment associate

Basmah Alsinaidi

Partner, Vice Chairman and Director and Head of Asset Management

40 past transactions

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.

Spades

Angel Round in 2022
Spades is focused on enhancing the dine-in checkout experience for customers and restaurants alike. The company has developed a secure payment technology that integrates with major point of sale (POS) systems, allowing guests to pay their bills conveniently by scanning a code or tapping to pay. This innovative web-based application offers competitive transaction fees and provides restaurants with daily reports and dashboards to streamline operations. By improving payment processes, Spades enables restaurants to enhance service quality, increase table turnover, and promote staff tips, ultimately allowing them to focus on their core passion of delivering exceptional dining experiences.

Bonat

Seed Round in 2022
Developer of an application-based customer loyalty platform intended to retain and acquire more customers. The company's platform provides a web interface to manage loyalty programs that include data analytics, feedback, customer communication and sending gifts among others, enabling companies to build meaningful relationships with their customers.

Mala'a

Seed Round in 2022
Developer of a financial platform designed to enable personal finance management. The company's platform helps to manage finances and provides recommendations based on spending behavior by providing facilities for expense keeping, budgeting, direct bank connection, and many more, enabling users to track their personal finances and reduce expenses.

Taffi

Seed Round in 2022
Taffi is a personalized styling and shopping service that leverages artificial intelligence to curate outfits tailored to individual preferences. The company's platform allows users to receive expert styling advice and shop from the comfort of their homes, offering fittings with convenient free returns. Taffi's diverse team is committed to celebrating authentic styles and ensuring customer satisfaction by selecting high-quality items within budget from both local and international brands. Currently operating in Saudi Arabia, Taffi aims to expand its services to neighboring countries in the GCC and MENA region, further empowering individuals to embrace their unique fashion sense.

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.

DAWUL

Seed Round in 2022
Developer of an online community-based social trading platform designed for investment strategies. The company's platform allows beginner investors to look for automated ways to execute trades or follow professional traders and their portfolios along with investment strategies, enabling users to view the data of investment funds and analyze their own preferred funds.

Shttle

Seed Round in 2021
Digital Logistics platform with IoT-based Smart Lockers distributed in cities forming a stop station for a mass transit for moving parcels, helps couriers companies to improve drivers efficiencies by %400 & %70 less cost that traditional model, %95 less CO2 emissions for a better environment.

Raseed

Pre Seed Round in 2021
Raseed is an investment application that aims to make investing accessible and straightforward for users in the region. By providing fast onboarding and instant account funding, Raseed allows users to easily engage with US financial markets. The platform offers features such as fractional shares and low commission rates, which facilitate a more affordable entry into investment opportunities. Through its services, Raseed seeks to empower individuals to build wealth and explore new avenues for financial growth, fostering a culture of bold investment strategies.

Rasan

Venture Round in 2021
Rasan Information Technology is an insure-tech company that technical solutions to the insurance brokerage and financial services sector. Rasan simplifies user experiences and drives operational digitalization, value-chain transformation, and collaboration across the Saudi and regional markets.

Telgani

Seed Round in 2021
Telgani is a car rental service based in Riyadh, Saudi Arabia, founded in 2018. The company offers an online portal and mobile application that allows customers to quickly and easily rent their preferred vehicles at competitive prices. Users can select the car they wish to rent and specify their desired location, with access to various nearby providers to compare options and make bookings. This streamlined approach aims to enhance the car rental experience for customers by providing convenience and flexibility in choosing transportation.

Merit Incentives

Series A in 2021
Merit Incentives specializes in enhancing customer and employee engagement through a comprehensive platform that offers a variety of services, including customer loyalty programs, sales incentives, and fulfillment of gifts and rewards. Operating in the MENA region, the company employs innovative technologies to develop tailored engagement strategies aimed at boosting employee motivation and strengthening client relationships. By providing effective program design and implementation, Merit Incentives supports organizations in attracting new customers and retaining existing ones, ultimately fostering a more engaged and committed workforce.

Syarah

Series B in 2021
Syarah Ltd. owns and operates an online cars marketplace. The company was founded in 2015 and is based in Riyadh, Saudi Arabia.

Speero

Seed Round in 2021
Speero is an online platform based in Riyadh, Saudi Arabia, that facilitates the buying and selling of new and used automotive spare parts through its website and mobile applications. Founded in 2017, the company provides users with the ability to order spare parts online and offers support through a specialized team that assists with queries, quotations, and product information. Speero aims to streamline the automotive spare parts marketplace, making it more accessible for consumers and businesses alike.

Nejree

Series A in 2021
Nejree is the first online specialised sneaker destination in the region and offers a wide range of products including Adidas, Nike, Puma, Asics, Reebok, Fila, Fendi, D&G, Gucci, and Balenciaga.

Floward

Series B in 2021
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.

Playhera

Seed Round in 2021
Developer of an e-sports gaming platform designed to allow players to share photos and videos while enjoying games. The company's platform works as a social media platform for e-sports players through an application on smartphones as well as offers easier ways to follow favorite players and teams, watch live streams, get the latest news and live updates in the world of e-sports, enabling users to participate in tournaments that are held through the platform and follow it closely.

Trukkin

Series A in 2021
Trukkin Middle East FZ-LLC operates a cloud-based B2B platform that connects shippers and truckers across the Middle East. Founded in 2017 and headquartered in Dubai, with additional offices in Saudi Arabia and India, Trukkin facilitates the search for trucks and loads, enabling users to hire vehicles and receive budget estimates. The platform serves various industries, including food, industrial raw materials, oil and gas equipment, steel, automotive, paints and coatings, construction, and chemicals. By leveraging technology, Trukkin aims to enhance efficiency, transparency, and reliability within the logistics ecosystem, offering a non-asset-based road network that provides flexibility and real-time updates to improve service levels and optimize costs.

Homzmart

Series A in 2021
Homzmart Ltd. is an e-commerce platform based in Cairo, Egypt, that specializes in selling home furniture, décor, lighting, and related supplies. Founded in 2019, the company offers a community-driven approach, allowing homeowners to connect with home professionals for advice and recommendations. Users can browse a diverse selection of home designs and products, read articles on home improvement, and access reviews of various items. This platform not only facilitates the purchase of quality home furnishings but also fosters a visual community that enhances the overall shopping experience for homeowners.

Homzmart

Series A in 2021
Homzmart Ltd. is an e-commerce platform based in Cairo, Egypt, that specializes in selling home furniture, décor, lighting, and related supplies. Founded in 2019, the company offers a community-driven approach, allowing homeowners to connect with home professionals for advice and recommendations. Users can browse a diverse selection of home designs and products, read articles on home improvement, and access reviews of various items. This platform not only facilitates the purchase of quality home furnishings but also fosters a visual community that enhances the overall shopping experience for homeowners.

Hala

Series A in 2021
Developer of digital mobile payment platform intended to easily and securely send and receive payments to individuals and companies. The company's platform offers payment infrastructure, point of sale solutions, digital wallets, and bank cards, enabling clients with digital tools to accept payments, control cash, and monitor sales analytics.

Bonat

Seed Round in 2021
Developer of an application-based customer loyalty platform intended to retain and acquire more customers. The company's platform provides a web interface to manage loyalty programs that include data analytics, feedback, customer communication and sending gifts among others, enabling companies to build meaningful relationships with their customers.

Lendo

Series A in 2021
Lendo is a fintech company that offers a peer-to-peer lending platform with core focus towards SMEs' debt finance. Its platform provides a variety of financing products for SMEs with an initial focus on pre-invoicing finance. The company was founded in 2019 and is based in Saudi Arabia.

Sanar

Seed Round in 2021
Developer of a health tech application designed to provide home health services and remote medical consultations in a hassle-free and easy manner. The company's platform provides multiple telemedicine and at-home services ranging from video or chat specialized clinic consultation to online physiotherapy sessions, enabling patients to receive medical services from the comfort of their homes according to their schedule or location.

Raqamyah

Seed Round in 2021
Raqamyah is a regulated peer-to-peer (P2P) financing platform based in Riyadh, Saudi Arabia, operating under the supervision of the Saudi Arabian Monetary Authority (SAMA). The company focuses on providing financial solutions to small and medium enterprises (SMEs) by connecting them directly with individual financiers. Through its innovative technology, Raqamyah offers a variety of financing options, including working capital, inventory financing, point-of-sale financing, and purchase order financing. This approach enables SMEs to access fast and affordable funding, supporting their growth and development in a competitive market.

VUZ

Convertible Note 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.

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.

Syarah

Convertible Note in 2020
Syarah Ltd. owns and operates an online cars marketplace. The company was founded in 2015 and is based in Riyadh, Saudi Arabia.

Jahez

Series A in 2020
Jahez International Company is a Saudi Arabian food delivery service that operates through an online application. Founded in 2016 and based in Riyadh, Jahez connects users with local restaurants, enabling them to browse available dining options based on their location. The platform integrates restaurant listings, meal tracking, and delivery services, effectively bringing together customers, restaurants, and logistics providers. Since its launch, Jahez has focused on enhancing user experience by developing in-house features that cater to customer expectations. The company plays a significant role in the Saudi food delivery market by leveraging technology to streamline the ordering and delivery process.

Telgani

Seed Round in 2020
Telgani is a car rental service based in Riyadh, Saudi Arabia, founded in 2018. The company offers an online portal and mobile application that allows customers to quickly and easily rent their preferred vehicles at competitive prices. Users can select the car they wish to rent and specify their desired location, with access to various nearby providers to compare options and make bookings. This streamlined approach aims to enhance the car rental experience for customers by providing convenience and flexibility in choosing transportation.

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.

Nana

Series B in 2020
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.

Speero

Seed Round in 2020
Speero is an online platform based in Riyadh, Saudi Arabia, that facilitates the buying and selling of new and used automotive spare parts through its website and mobile applications. Founded in 2017, the company provides users with the ability to order spare parts online and offers support through a specialized team that assists with queries, quotations, and product information. Speero aims to streamline the automotive spare parts marketplace, making it more accessible for consumers and businesses alike.

The Chefz

Seed Round in 2020
The Chefz is a gourmet food and sweets delivery platform based in Riyadh that connects users with top-tier restaurants, bakeries, and chocolate stores. Through its mobile app, available for both Android and iOS, customers can easily order a wide variety of meals and desserts, benefiting from features such as instant order tracking and flexible payment options. The platform aims to enhance the food delivery experience by providing access to elite culinary options, ensuring that users can enjoy high-quality food delivered directly to their doorstep.

Raqamyah

Seed Round in 2020
Raqamyah is a regulated peer-to-peer (P2P) financing platform based in Riyadh, Saudi Arabia, operating under the supervision of the Saudi Arabian Monetary Authority (SAMA). The company focuses on providing financial solutions to small and medium enterprises (SMEs) by connecting them directly with individual financiers. Through its innovative technology, Raqamyah offers a variety of financing options, including working capital, inventory financing, point-of-sale financing, and purchase order financing. This approach enables SMEs to access fast and affordable funding, supporting their growth and development in a competitive market.

Lendo

Seed Round in 2019
Lendo is a fintech company that offers a peer-to-peer lending platform with core focus towards SMEs' debt finance. Its platform provides a variety of financing products for SMEs with an initial focus on pre-invoicing finance. The company was founded in 2019 and is based in Saudi Arabia.

Speero

Pre Seed Round in 2019
Speero is an online platform based in Riyadh, Saudi Arabia, that facilitates the buying and selling of new and used automotive spare parts through its website and mobile applications. Founded in 2017, the company provides users with the ability to order spare parts online and offers support through a specialized team that assists with queries, quotations, and product information. Speero aims to streamline the automotive spare parts marketplace, making it more accessible for consumers and businesses alike.

Nana

Series A in 2019
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.

Bonat

Pre Seed Round in 2019
Developer of an application-based customer loyalty platform intended to retain and acquire more customers. The company's platform provides a web interface to manage loyalty programs that include data analytics, feedback, customer communication and sending gifts among others, enabling companies to build meaningful relationships with their customers.
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