Saudi Venture Capital Company

Saudi Venture Capital Company is a venture capital firm established in 2018 and based in Riyadh, Saudi Arabia. The company aims to address equity funding gaps for startups by investing in various funds. By focusing on supporting emerging businesses, Saudi Venture Capital Company plays a pivotal role in enhancing the entrepreneurial ecosystem within the region.

Khaled Alsuraisry

Head of Co-Investments and Investment Director

Nabeel Koshak Ph.D

CEO and Board Member

Nora M. Alsarhan

Deputy CEO

31 past transactions

Intelmatix

Series A in 2024
Intelmatix is a deep-tech artificial intelligence company that specializes in creating tailored solutions to address challenges across various sectors. The company has developed an advanced AI platform that integrates domain knowledge with data sensing, processing, and analysis. This platform facilitates the creation of automated systems capable of navigating complexities both within and between industries. By leveraging its unique products and expertise, Intelmatix aims to empower organizations to enhance their operational efficiency and redefine their strategic approaches for the future.

Tabby

Series D in 2023
Tabby Inc. is a financial technology company based in the United Arab Emirates that offers innovative payment solutions for online and offline shopping. The company specializes in a buy now, pay later service, providing consumers in the UAE and Saudi Arabia with flexible payment options. Customers can choose to pay for their purchases either in a single deferred payment or in multiple installments, allowing them to manage their spending and enhance their shopping experience. Through its platform, Tabby aims to reshape the relationship between consumers and money, promoting financial freedom and responsible spending.

Noon Academy

Series B in 2023
Noon Academy is a prominent edtech company based in Riyadh, Saudi Arabia, with additional offices in Cairo, Egypt, and Bengaluru, India. Established in 2013, it operates an online learning platform that has served over 12 million students across the Middle East. The platform facilitates collaborative learning by allowing students to study in groups, compete with peers, and access on-demand tutoring. It offers a range of educational content, including free resources and subscription-based services for advanced materials and private tutoring. Noon Academy aims to enhance the learning experience by blending technology with peer-to-peer interactions, making education more engaging and accessible, especially for exam preparation. The company is committed to connecting students with the best teachers, regardless of location, thus expanding its impact in the region and beyond.

Tabby

Series D in 2023
Tabby Inc. is a financial technology company based in the United Arab Emirates that offers innovative payment solutions for online and offline shopping. The company specializes in a buy now, pay later service, providing consumers in the UAE and Saudi Arabia with flexible payment options. Customers can choose to pay for their purchases either in a single deferred payment or in multiple installments, allowing them to manage their spending and enhance their shopping experience. Through its platform, Tabby aims to reshape the relationship between consumers and money, promoting financial freedom and responsible spending.

Faheem App

Venture Round in 2023
Faheem App is an e-learning platform that offers educational courses and guided tutoring classes for enthusiastic students in the community.

LAWAZEM

Seed Round in 2022
Lawazem is a premier B2B e-commerce platform focused on streamlining office supplies and procurement for businesses. The company provides a centralized marketplace that caters to various operational needs, including stationery, groceries, cleaning materials, IT essentials, and printing supplies. By consolidating all purchasing activities in one location, Lawazem allows companies to optimize their spending and manage their operational procurement efficiently. The platform also offers flexible recurring billing options, helping businesses reduce costs associated with their procurement processes. As a comprehensive solution for office-related needs, Lawazem enhances the purchasing experience for organizations, ensuring that they have access to the necessary resources to operate effectively.

Barq

Seed Round in 2022
Barq is a logistics company that specializes in rapid delivery services across various sectors, including e-commerce, food, and groceries. By leveraging advanced delivery technologies and artificial intelligence, Barq optimizes delivery times and routes, enabling orders to be fulfilled in as little as 15 minutes or within the same day. The company transforms retail outlets into micro-fulfillment centers, allowing for efficient order processing and quicker dispatch. Customers place orders through Barq's platform, which then coordinates delivery from the nearest retail location. Additionally, Barq offers flexible delivery options for warehouses and fulfillment centers, accommodating needs ranging from four hours to next-day service. For restaurants and food aggregators, Barq provides a swift delivery service, typically between 30 to 45 minutes, with the convenience of a delivery fee only.

Rewaa

Series A in 2022
Rewaa is a company that specializes in cloud-based inventory management software aimed at simplifying the e-commerce operations of retailers. By integrating physical stores with online marketplaces, Rewaa enables retailers to list their in-store products online with minimal operational and marketing costs. The platform automates various functions, including inventory management, order processing, and invoicing, allowing retailers to manage sales and suppliers efficiently. With the Rewaa Cashier System, products in physical stores are automatically listed online, eliminating the need for separate inventories for online sales. This integration also allows physical locations to serve as shipping centers, facilitating quicker order fulfillment and reducing employment costs. Overall, Rewaa aims to streamline e-commerce processes for retailers, enhancing their ability to sell across multiple channels effectively.

PhysioHome

Pre Seed Round in 2022
PhysioHome is a home healthcare industry that provides rehabilitation, nursing care, and child development services.

Nqoodlet

Pre Seed Round in 2021
Nqoodlet is a digital platform designed to assist small and medium-sized enterprises (SMEs) in effectively managing their expenses and purchases. The platform enables businesses to streamline their financial operations by allowing employees to use corporate credit cards while providing a consolidated view of all transactions in real time. With features that include direct bill registration and comprehensive expense tracking, Nqoodlet simplifies the process of financial management for SMEs, helping them to monitor and control their spending more efficiently.

Telgani

Seed Round in 2021
Telgani is a car rental company founded in 2018 and based in Riyadh, Saudi Arabia. It offers an online portal and mobile application that allows customers to easily and quickly rent their preferred vehicles at competitive prices. The platform enables users to select their desired car and travel location while providing options to compare and book from nearby rental providers. This streamlined approach facilitates a convenient car rental experience for users.

Marn

Seed Round in 2021
Marn provides easy-to-use cloud POS solutions to clients who manage SMEs to get you all they want, to manage their store, and more.

Monh

Venture Round in 2021
Monh is an online wholesale marketplace specializing in the supply of household and office products, as well as various food items. The company's platform allows customers to find and order bulk quantities of groceries, fresh food products, and essential household goods at wholesale prices. Monh aims to streamline the shopping experience by enabling individuals to have their selected items delivered directly to their doorstep within a scheduled timeframe. This service caters to both personal and business needs, making it easier for customers to access a wide range of products efficiently.

Salasa

Series A in 2020
Salasa is a comprehensive e-commerce fulfillment company based in Riyadh, Saudi Arabia, founded in 2016. It specializes in providing a complete logistics solution for online businesses, including warehousing, order processing, shipping, and return management. By offering efficient pick-up and packing services along with multiple shipping options, Salasa enables merchants to streamline their operations and reduce overhead costs. The company focuses on enhancing the online shopping experience for customers, allowing e-commerce businesses to concentrate on growth and brand development. Through its tailored services, Salasa supports merchants in scaling their operations and improving overall sales performance.

Telgani

Seed Round in 2020
Telgani is a car rental company founded in 2018 and based in Riyadh, Saudi Arabia. It offers an online portal and mobile application that allows customers to easily and quickly rent their preferred vehicles at competitive prices. The platform enables users to select their desired car and travel location while providing options to compare and book from nearby rental providers. This streamlined approach facilitates a convenient car rental experience for users.

Taker

Seed Round in 2020
Taker is a software-as-a-service (SaaS) company that specializes in providing an online ordering platform for restaurants. The company enables establishments to quickly set up their own branded ordering websites and applications, streamlining the food ordering process and enhancing restaurant management. By leveraging advanced technology, Taker's platform allows restaurants to adapt to evolving customer behaviors and service expectations, facilitating seamless order receipt for both pickup and delivery. This empowers restaurants of all sizes to better engage with their customers and ultimately improve sales.

HyperPay

Series B in 2019
HyperPay is a fintech company that specializes in providing integrated payment gateway solutions and services for e-commerce and merchants. The company aims to facilitate the transition to a cashless society by offering a diverse range of financial services designed to enhance business growth and improve customer experiences. HyperPay's platform features a payment hub interface and e-card distribution, allowing online businesses to securely accept and manage payments. In addition to core payment processing, HyperPay also offers merchants tools for risk and fraud management, monitoring systems, installment options, and invoicing solutions, thereby supporting a comprehensive suite of services tailored to the needs of modern digital commerce.

DokkanAfkar

Series B in 2019
DokkanAfkar.com was created by a group of passionate guys who love and appreciate creativity, design and ideas. It was created to enable customers to buy cool unique products with ideas that are fun, unusual and unique. Our products have a focus on fun, uniqueness, defiantly clever, and entertaining products.

Caramella

Seed Round in 2019
Caramella is a Saudi Arabian startup that has developed an innovative online platform for publishing social media content and blogging. The platform allows users to create and share articles and posts with ease, featuring over 80 templates that cater to various styles and topics. Caramella's offerings encompass a wide range of subjects, including products, technology, healthcare, marketing, and travel, providing readers with access to informative content and the latest news. The company's focus on user-friendly design and powerful features positions it as a modern solution for content creators looking to engage audiences effectively.

Lucidya

Series A in 2019
Lucidya, LLC is a software as a service (SaaS) company based in Riyadh, Saudi Arabia, founded in 2016. It specializes in social media monitoring and analytics, offering a platform that enables organizations to detect and analyze spikes in social media activity, track trending hashtags, and access brand statistics through an interactive live dashboard. Lucidya's solution includes real-time alerting, automated reporting, competitive analysis, and benchmarking, making it valuable for a diverse range of clients, including agencies, brands, non-profit organizations, and media industries. Leveraging proprietary artificial intelligence and Arabic natural language processing technologies, Lucidya provides accurate analysis of social media interactions in Arabic, establishing itself as a leading tool in the MENA region. The company has successfully expanded its customer base beyond Saudi Arabia to over six countries, serving various sectors such as telecommunications, banking, automotive, and retail.

Nota Nota

Seed Round in 2019
Nota Nota Limited is a company based in Riyadh, Saudi Arabia, specializing in the development and sale of personal perfume mixing machines. These innovative machines allow users to create their own unique fragrances from the comfort of their homes. The devices are equipped with smart technology that connects users to a social hub, enabling them to share and explore various perfume designs. Additionally, Nota Nota offers a mobile application that facilitates the customization of scents and provides users with the ability to command the machine to produce their desired perfumes. The company markets its products through an online platform, making personal fragrance creation accessible and convenient for consumers.

Manafa

Series A in 2019
MANAFA is a fintech and investment company established in 2018 and headquartered in Riyadh, Saudi Arabia. It operates an online marketplace that facilitates equity investments in innovative, early-stage companies, primarily targeting small and medium-sized enterprises and entrepreneurs. MANAFA provides sophisticated investors with free access to direct investment opportunities, diligence tools, and industry data insights, thereby democratizing access to a previously challenging asset class. The platform streamlines the investment process by digitizing it and employing advanced technical solutions to expedite the acceptance of financing requests, making it an efficient resource for both investors and entrepreneurs seeking to connect with a network of knowledgeable backers.

Golden Scent

Series B in 2019
Golden Scent is an e-commerce platform based in Dammam, Saudi Arabia, specializing in branded perfumes, cosmetics, skincare, and hair products. Founded in 2014, the company aims to be a comprehensive online beauty destination, allowing customers to explore and purchase a wide variety of luxury fragrances and beauty items from a single source. One of the platform's standout features is its application, which enables users to virtually try on products before making a purchase, enhancing the shopping experience. Through its commitment to genuine products and customer satisfaction, Golden Scent has established itself as a key player in the online beauty market.

B8ak

Venture Round in 2019
B8ak is a home maintenance platform designed to connect homeowners with verified service providers. The company offers a range of services including plumbing, electrical work, air conditioning maintenance, and IT support. Through its user-friendly app, homeowners can easily book trusted professionals for various maintenance tasks, ensuring that their home needs are met efficiently. B8ak also allows users to submit specific requests for custom services, enhancing the convenience and accessibility of home maintenance solutions. By focusing on verified service providers, B8ak aims to deliver reliable support for homeowners seeking assistance with their home maintenance requirements.

Qoyod

Seed Round in 2018
Qoyod is a cloud-based accounting software provider established in 2016, headquartered in Riyadh, Saudi Arabia. The company specializes in offering an online accounting and invoicing platform tailored for startups and small to medium-sized enterprises (SMEs) in Saudi Arabia. Qoyod enables users to efficiently issue invoices, manage expenses, and monitor budgets while automating the recording of journal entries. Additionally, the platform supports the generation of financial statements and business reports that meet both commercial and statutory requirements in the region. Key features include purchase order issuance, stock management, point of sales capabilities, and API services, all designed to enhance productivity and competitiveness for its clients. Users can select from various service packages available on a monthly or annual basis, benefiting from a comprehensive suite of accounting tools.

Telfaz11

Series A in 2018
Telfaz11 is a media production company based in Riyadh, Saudi Arabia, founded in 2011. It operates an Arabic multi-channel network that focuses on talent management, comedy, entertainment, and content creation. The company specializes in producing and distributing engaging online content, partnering with video platforms to deliver captivating series and films that resonate with local audiences while maintaining universal appeal. Telfaz11 influences social trends and provides opportunities for brands to promote themselves through its creative entertainment offerings, ensuring a blend of entertainment and brand promotion within its network.

Dhad

Seed Round in 2018
Dhad is an audio publishing house based in Riyadh, Saudi Arabia, founded by Manar Saud Alomayri in 2014. The company specializes in producing and publishing a wide range of fiction and non-fiction audiobooks in standard Arabic for both adults and children. Dhad's platform allows users to access these titles through its mobile apps and website, making it convenient for listeners to enjoy Arabic content on any device from anywhere.

Surface Logix

Series E in 2009
Surface Logix is a drug development company specializing in the creation of innovative small molecule drugs aimed at treating metabolic and cardiovascular diseases. Utilizing its expertise in biophysical chemistry, the company develops new chemical entities that demonstrate significantly enhanced pharmacokinetic and pharmacodynamic properties compared to existing market leaders. Surface Logix focuses on targeting specific tissues and organ systems, including the gastrointestinal and cardiovascular systems, and has various ongoing programs addressing a range of metabolic and cardiovascular conditions.

Stitch

Stitch provides a technology stack with modular building blocks for fintechs, corporates, and banks.
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