Sanabil Investments

Sanabil Investments is a sovereign wealth fund based in Riyadh, Saudi Arabia, established in 2008. The firm specializes in direct investments as well as fund of funds investments across a range of asset classes, including private equity, venture capital, and real assets. Sanabil is dedicated to investing in venture, growth, and small buyout opportunities, without limitation to specific geographies or sectors. Its strategic approach aims to enhance the economic diversification and sustainability of the Saudi economy through targeted investment initiatives.

Ahmad Alsabti

Head of Venture Capital Funds

23 past transactions

Acceldata

Series C in 2023
Acceldata, Inc. develops an enterprise data observability platform designed for analytics and artificial intelligence systems. Founded in 2018 and headquartered in Palo Alto, California, with additional offices in San Jose, California; Bengaluru, India; and Berlin, Germany, the company offers a comprehensive suite of services that includes data warehousing, data security, data preparation, accuracy forecasting, and data acquisition. Acceldata's platform enables end-to-end visibility and monitoring across multi-technology enterprise data pipelines, allowing users to track changes in data and processes while providing actionable insights powered by AI and machine learning. This functionality simplifies the understanding of data management for data professionals, operations teams, and executives alike.

MemSQL

Series F in 2022
SingleStore, Inc. is a provider of relational databases designed for both cloud and on-premises transactions and analytics. The company offers the SingleStore Managed Service, a cloud database-as-a-service that facilitates analytics on various cloud platforms, as well as SingleStore DB, a distributed SQL database suitable for operational analytics on bare metal and hybrid cloud environments. SingleStore's solutions include modernizing data platforms, securing government workloads, IoT analytics, and customer interaction management, serving diverse sectors such as financial services, media, energy, government, and retail. Founded in 2011 and headquartered in San Francisco, California, SingleStore also has offices in Seattle, Boston, Portland, Lisbon, and London. Previously known as MemSQL Inc., the company rebranded to SingleStore, Inc. in October 2020.

JobGet

Series B in 2022
JobGet operates a mobile hiring application and job search platform designed to streamline the recruitment process, particularly in the retail and hospitality sectors. Founded in 2017 and based in Boston, Massachusetts, the platform facilitates direct communication between employers and job seekers, allowing them to message, schedule meetings, and conduct video interviews. By reducing the hiring timeline from weeks to mere minutes, JobGet aims to eliminate the lengthy traditional application process. The platform employs smart matching technology to connect thousands of job seekers with leading employers across the United States quickly and efficiently. JobGet has received recognition for its innovative approach, being a winner of the 2019 MassChallenge and the 2019 MIT Inclusive Innovation Challenge. Through its user-friendly interface, JobGet seeks to transform the employment landscape for hourly workers and employers, making job searching more accessible and immediate.

Drahim

Pre Seed Round in 2022
Drahim develops a digital platform on recommended investing plans after analyzing one's financial usage. It serves as a personal budget app that tracks financial transactions. Drahim is based in Riyadh, Saudi Arabia.

Siolla.

Pre Seed Round in 2022
Siolla develops an online platform that facilitates micro-investing, allowing users to invest small amounts of money, often sourced from spare change. Based in Dubai, United Arab Emirates, the platform is designed to simplify the investment process and enable users to manage their finances effectively. By providing access to diversified investment options such as index funds and exchange-traded funds (ETFs), Siolla aims to help individuals secure their financial futures while also promoting responsible budgeting practices.

Countd

Pre Seed Round in 2022
Countd operates an online platform that creates and delivers personalized meal plans. It provides details of calorie content for every meal and allows users to choose what food best suits their diet. Countd is based in Dubai, United Arab Emirates.

Efreshli

Seed Round in 2022
EFreshli is an online interior design firm that offers a virtual decoration tool to help users select furniture and design their spaces. The platform collaborates with various furniture providers, allowing customers to visualize room layouts and setups before making purchasing decisions. By facilitating the design process and assisting with procurement, EFreshli aims to enhance the user experience in interior design, making it more accessible and efficient for individuals looking to furnish their homes.

Remooz

Pre Seed Round in 2022
Remooz operates a marketplace for buying, selling, and creating non-fungible tokens. It uses dollars as a mode of payment, instead of cryptocurrencies. Remooz is based in Delaware, USA.

Jade Autism

Pre Seed Round in 2022
Developer of educational therapeutic validation games designed to help children and adolescents with cognitive disabilities. The company's games offer data science, constant updates, reporting and behavior analysis, enabling users to stimulate visual performance, attention, receptive language and mathematical logical reasoning through games.

Yanzo

Pre Seed Round in 2022
With the current busy lifestyle, you end up choosing between errands, work, health and a zillion other things. Yanzo came to eliminate this painful process and make you focus on what matters, whether it's being more productive at work or having a movie night with your friends. You will be able to enjoy life again by outsourcing all the tedious tasks and errands to Yanzo. Simply by sending a WhatsApp message to +971-56-6143243. Take control of your life.

Stllr Network

Pre Seed Round in 2022
Developer of a marketing platform designed to provide experts in performance advertisement. The company's platform provides instant access to teams, shares cross-departmental insights, monitors project timelines, and tracks goals, enabling clients with instant access to vetted marketing experts and teams for monthly projects.

Foodics

Series C in 2022
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.

Sweater

Pre Seed Round in 2022
Sweater operates as a car wash outlet company that offers a range of products and services aimed at enhancing vehicle maintenance. Their offerings include mats covering, sweater tissue, sweater freshener, COVID wash, and sweater wash plus. The company has developed a user-friendly booking platform that allows customers to conveniently schedule car washing services through its application. This platform aims to provide high-quality car wash services at competitive prices, ensuring that customers can access these services at their preferred time and location. For any inquiries, customers can reach out via the email address or contact form available on Sweater's website.

Playbook

Pre Seed Round in 2022
Playbook is an edutainment platform that activates the power of storytelling and shared experiences to prepare women to tackle their pain points to growth through masterclasses broken down into lessons in English & Arabic led by inspirationally influential women who shattered the glass ceiling. The platform enables users to setup custom profiles, identify their skills & career goals, engage with 1000+ classes on diverse categories of interest (especially emerging professions), network with a community to crowdsource solutions to further address their pain points, immerse themselves in a gamified experience with learning goals & progress trackers. All of this is further enabled through engaged digital learning tools.

Sary

Series C in 2021
Sary operates a digital business-to-business (B2B) marketplace that connects small businesses with merchant wholesalers of fast-moving consumer goods (FMCG) in Saudi Arabia. Founded in 2018 and headquartered in Riyadh, the platform facilitates seamless procurement for small and medium-sized enterprises, mini-market chains, hotels, restaurants, and convenience shops in Riyadh, Jeddah, and Dammam. Sary's mobile and web application provides a wide range of FMCG products, including milk, tea, coffee, water, soft drinks, juices, oil, and chocolates. The company aims to enhance efficiency in the wholesale supply chain, allowing customers to place orders ranging from a box to a truckload with just a few clicks, often receiving deliveries within three hours. Sary has served over 20,000 customers, completed more than 50,000 shipments, and collaborates with over 100 brands and wholesalers, significantly impacting the regional supply landscape.

Unifonic

Series B in 2021
Unifonic Inc. specializes in cloud communication solutions, offering a range of services including SMS, voice, phone number verification, and real-time roaming detection. Founded in 2006 and based in Riyadh, Saudi Arabia, the company aims to make cloud communications more accessible and cost-efficient. Unifonic simplifies the integration of powerful messaging and voice capabilities by providing single APIs that connect clients directly to their cloud platform, eliminating the need for hardware or network operators. The company has partnered with notable clients such as Haier, Aramex, Easy Taxi, Careem, Medgulf, and Arabia Insurance. Additionally, Unifonic has collaborated with Facebook to support the WhatsApp Business API for enterprises, enhancing its offerings in the communication sector.

Alation

Series D in 2021
Alation, Inc. is a company that specializes in data intelligence solutions, providing an AI-driven platform designed for data search and discovery, governance, stewardship, and analytics. Founded in 2012 and headquartered in Redwood City, California, Alation aims to enhance the way organizations find, understand, and trust their data. Its innovative platform integrates machine learning with human collaboration to facilitate confident data-driven decisions. Alation's offerings include a data catalog that supports metadata management and self-service analytics, enabling users to understand data origins, usage, and governance. The company serves a diverse range of clients, including notable organizations such as the City of San Diego, eBay, Munich Re, and Pfizer, and is backed by several venture capital firms.

Uniphore

Series D in 2021
Uniphore is a global technology company that specializes in multilingual speech recognition software for speech analytics, virtual assistance, and voice biometrics. Founded in 2008 and headquartered in Chennai, India, with additional offices in the U.S., Philippines, UAE, and Singapore, Uniphore aims to enhance customer service through its integrated suite of software products. Its offerings include auMina, which provides conversational analytics to transform customer interactions; akeira, an AI-enabled conversational assistant designed to improve customer engagement; and amVoice, a solution focused on preventing fraud and identity theft. Uniphore serves various sectors, including banking, insurance, retail, healthcare, and education, helping businesses leverage AI and automation technologies to improve customer engagement, build loyalty, and achieve operational efficiencies.

Foodics

Series B in 2021
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.

Atomwise

Series B in 2020
Atomwise, Inc. specializes in deep learning artificial intelligence technology aimed at small molecule drug discovery. The company leverages its proprietary AI platform, AtomNet, which contains over 16 billion molecules for virtual screening, to enhance the speed and accuracy of drug discovery processes. This technology employs a statistical approach to predict the binding of small molecules to proteins, aiding in drug hit discovery, binding affinity prediction, and toxicity detection. Atomwise collaborates on numerous projects each year with major pharmaceutical and agrochemical companies, as well as over 200 universities and hospitals across 40 countries. Founded in 2012 and based in San Francisco, Atomwise was previously known as Chematria, Inc. before rebranding in 2015.

Atomwise

Series B in 2020
Atomwise, Inc. specializes in deep learning artificial intelligence technology aimed at small molecule drug discovery. The company leverages its proprietary AI platform, AtomNet, which contains over 16 billion molecules for virtual screening, to enhance the speed and accuracy of drug discovery processes. This technology employs a statistical approach to predict the binding of small molecules to proteins, aiding in drug hit discovery, binding affinity prediction, and toxicity detection. Atomwise collaborates on numerous projects each year with major pharmaceutical and agrochemical companies, as well as over 200 universities and hospitals across 40 countries. Founded in 2012 and based in San Francisco, Atomwise was previously known as Chematria, Inc. before rebranding in 2015.

Caffeine

Series D in 2020
Caffeine Inc. operates a live social broadcasting and streaming platform that focuses on gaming and entertainment. Founded in 2016 and based in Redwood City, California, Caffeine allows users to create and broadcast interactive content, including esports and various forms of entertainment. The platform emphasizes real-time engagement, enabling viewers to watch, chat, and share experiences without delays. Caffeine collaborates with major partners like FOX Sports, ESPN, and Riot Games to offer diverse content that appeals to a wide audience. Additionally, the company maintains a zero-tolerance policy against bullying, hate speech, and racism, fostering a positive environment for its users. Through its platform, Caffeine aims to simplify the creation and distribution of live content while enabling users to monetize their streams and engage with a community of fans across culture, sports, and music.

SellAnyCar.com

Venture Round in 2020
SellAnyCar.com FZE is a pioneering online platform in the United Arab Emirates for buying and selling both new and used cars. Established in 2013 and headquartered in Sharjah, the company facilitates the car selling process by offering instant online valuations, professional car inspections, and rapid payments, often within 30 minutes. In addition to these services, SellAnyCar.com manages the necessary paperwork, including car deregistration, and offers options for part-exchanges and the settlement of bank loans and mortgages. The company has expanded its reach with branches in major cities such as Dubai, Sharjah, Abu Dhabi, Riyadh, Jeddah, and Amman, making it a significant player in the regional automotive market.
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