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

Hani Enaya

Head of Venture Capital

Past deals in Arabian Gulf

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.

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.

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.

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.

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.

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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