Sanabil

Sanabil Investments is a Saudi Arabian investment firm established in 2008. It operates as a sovereign wealth fund, focusing on direct investments and fund of funds strategies. The firm diversifies its portfolio across multiple asset classes, including private equity, real assets, and venture capital. Sanabil aims to enhance the economic landscape by investing both domestically and internationally, seeking opportunities that align with its strategic objectives. Through its investments, the firm contributes to the development of innovative sectors and fosters growth in various markets.

Ibrahim Al-Romaih

Chief Executive Officer

Ibrahim Alsuhaibani

Investment Associate, Direct Investments

John B. Breen

Global Head of Private Equity Investments

Hani Enaya

Head of Venture Capital

Hani Halawani

Chief Investment Officer

Sohaib Musalli

Investment Associate

Past deals in Riyadh

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.

Sweater

Pre Seed Round in 2022
Sweater provides include mats covering, sweater tissue, sweater freshner, covid wash, and sweater wash plus. It is a car wash outlet company. For inquiries, their email address and contact form are available on their website.

Sary

Series C in 2021
Sary operates a digital business-to-business marketplace that links small businesses with suppliers of fast-moving consumer goods (FMCG) in Saudi Arabia. Established in 2018 and headquartered in Riyadh, the platform facilitates seamless transactions through its mobile and web applications. Sary's offerings include a wide range of FMCG products such as milk, tea, coffee, water, soft drinks, juices, oils, and chocolates. The company primarily serves small and medium-sized enterprises, mini-market chains, hotels, restaurants, and convenience shops in key cities like Riyadh, Jeddah, and Dammam. Sary aims to improve supply chain efficiency within the wholesale industry, enabling customers to place orders ranging from small boxes to large truckloads with just a few clicks, often with delivery in as little as three hours. Since its inception, Sary has served over 20,000 customers, completed more than 50,000 shipments, and partnered with over 100 brands and wholesalers to facilitate significant sourcing volumes.

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.

SellAnyCar.com

Venture Round in 2020
SellAnyCar.com FZE operates an online site for selling and buying new and used cars in the United Arab Emirates. It offers instant online car valuations and evaluations, car inspections, instant payments, and paperwork related services, as well as provides car deregistration, part-exchanges, and settlements of bank loans and mortgages. The company was founded in 2013 and is based in Sharjah, United Arab Emirates with branches in Dubai, Sharjah, Abu Dhabi, Riyadh, Jeddah, Amman, and other regional locations.