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

Past deals in Gulf Cooperation Council

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 operates an online learning platform that focuses on enhancing educational experiences for students in the Middle East. Founded in 2013 and headquartered in Riyadh, Saudi Arabia, with offices in Cairo, Egypt, and Bengaluru, India, the platform has successfully taught 12 million students. It offers a blend of free educational content and tutoring services, allowing students to study collaboratively in groups, compete with peers, and request on-demand tutoring. The platform is designed to prepare students for various examinations, including general aptitude and achievement tests. Additionally, Noon Academy supports teachers by enabling them to build followings and earn income based on their performance and student feedback. By integrating elements of peer-to-peer learning and advanced technology, Noon Academy aims to provide equitable access to high-quality education for every student.

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.

Telgani

Seed Round in 2021
Telgani is a car rental platform established in 2018 and headquartered in Riyadh, Saudi Arabia. The company offers an online portal and mobile application that allows customers to quickly and easily rent their preferred vehicles at competitive prices. Users can select their desired car and location, while the platform provides options to compare and book from nearby providers, enhancing the overall rental experience.

Telgani

Seed Round in 2020
Telgani is a car rental platform established in 2018 and headquartered in Riyadh, Saudi Arabia. The company offers an online portal and mobile application that allows customers to quickly and easily rent their preferred vehicles at competitive prices. Users can select their desired car and location, while the platform provides options to compare and book from nearby providers, enhancing the overall rental experience.

Caramella

Seed Round in 2019
Caramella is a Saudi Arabian startup that has developed an online platform for publishing social media content and blogging. The platform is designed to be user-friendly and powerful, allowing users to create visually appealing articles and posts quickly, using over 80 customizable templates. Caramella focuses on a diverse range of topics, including products, technology, healthcare, marketing, and travel, providing readers with informative articles and blogs that keep them updated on the latest news and trends.

Lucidya

Series A in 2019
Lucidya, LLC is a software as a service (SaaS) company specializing in social media monitoring and analytics. Founded in 2015 and headquartered in Jeddah, Saudi Arabia, Lucidya offers a platform that enables organizations to detect and analyze social media trends, track hashtags, and access brand statistics through an interactive dashboard. It provides features such as real-time alerts, automated reporting, competitive analysis, and benchmarking. The company's unique AI and Arabic natural language processing technologies allow for accurate analysis of interactions in the Arabic language, positioning it as a leading tool in the MENA region. Lucidya serves a diverse clientele, including agencies, brands, non-profit organizations, and media entities, and has expanded its reach beyond Saudi Arabia to over six countries, catering to various industries 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 devices allow users to create their own custom perfumes, offering a unique experience in fragrance design. The company also provides a mobile application that enables users to control the machine, design their perfumes, and command the device to produce them. By connecting creators and designers globally, Nota Nota fosters a community where individuals can share and explore different fragrance combinations. The products are available for purchase through the company's online platform, making it accessible for users to personalize their scent choices as part of their daily routines.

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 a publishing company based in Riyadh, Saudi Arabia, specializing in the production and distribution of audiobooks in standard Arabic for both adults and children. Founded in 2014, the company offers a diverse range of fiction and non-fiction titles accessible through its mobile app and website, making it convenient for users to listen to content on various devices. Dhad's platform also includes translations of books from different languages into Arabic, covering categories such as literature, poetry, science, and Islamic fiction. By providing an extensive selection of audiobooks, Dhad aims to enhance the accessibility of literature for Arabic-speaking audiences.
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