Raed Ventures
Raed Ventures is a venture capital firm based in Saudi Arabia, founded in 2015. It focuses on providing funding for seed and early-stage startups in the Kingdom and the broader MENA region. The firm aims to support entrepreneurial teams that are shaping the market landscape by facilitating their entry into the Saudi and GCC markets. Raed Ventures invests across various sectors, including media, retail, software, commercial services, and healthcare. The firm assists startups in developing and executing their business plans through collaboration with affiliated companies, leveraging its extensive market knowledge and network.
Noon Academy is an online learning platform that facilitates collaborative and interactive education for students. Founded in 2013 and headquartered in Riyadh, Saudi Arabia, with additional offices in Cairo, Egypt, and Bengaluru, India, the platform boasts over six million registered users. Noon Academy allows students to engage in group studies, compete with peers, and access on-demand tutoring, while also providing teachers with opportunities to build a following and earn income based on performance and reviews. The platform integrates social and gamification elements, enhancing the learning experience through study groups, peer engagement, and contests. With a notable growth in active users, Noon Academy is recognized as a leading e-learning platform in Saudi Arabia and Egypt, and is preparing to expand its reach into India, Iraq, and Pakistan.
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