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.

Talal Alasmari

Founding Partner

Omar Almajdouie

Founding Partner

Wael Nafee

Partner

Past deals in Palestine

SocialDice

Seed Round in 2017
SocialDice Inc. is a company that specializes in developing and operating recruitment software and applicant tracking systems as a Software-as-a-Service (SaaS). Its primary product, SocialDice, allows employers to streamline their hiring processes by advertising job openings across multiple platforms, including LinkedIn and Bayt, with just a few clicks. The software employs advanced artificial intelligence and semantic algorithms to analyze candidate qualifications and match them with job requirements, providing insights into key metrics such as loyalty and career gaps. Additionally, SocialDice facilitates effective collaboration among hiring teams through a centralized dashboard, enabling users to manage candidate communications, create professional job descriptions, and track the entire hiring process from a single interface. Founded in 2013, SocialDice is headquartered in Dubai, United Arab Emirates, with an additional office in Ramallah, Palestine.

SocialDice

Seed Round in 2015
SocialDice Inc. is a company that specializes in developing and operating recruitment software and applicant tracking systems as a Software-as-a-Service (SaaS). Its primary product, SocialDice, allows employers to streamline their hiring processes by advertising job openings across multiple platforms, including LinkedIn and Bayt, with just a few clicks. The software employs advanced artificial intelligence and semantic algorithms to analyze candidate qualifications and match them with job requirements, providing insights into key metrics such as loyalty and career gaps. Additionally, SocialDice facilitates effective collaboration among hiring teams through a centralized dashboard, enabling users to manage candidate communications, create professional job descriptions, and track the entire hiring process from a single interface. Founded in 2013, SocialDice is headquartered in Dubai, United Arab Emirates, with an additional office in Ramallah, Palestine.
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