Seedra Ventures

Seedra Ventures is an early-stage venture capital firm established in 2019 and based in Riyadh, Saudi Arabia. The firm is dedicated to fostering disruptive innovations and trends throughout the region, focusing on sectors such as business-to-business, commercial services, business-to-consumer, energy, financial services, healthcare, and technology. Seedra Ventures aims to provide venture-building services and strategically invests in companies within Egypt, Saudi Arabia, and the United Arab Emirates, supporting their growth and development in a dynamic marketplace.

Abdullah Almunif

Co-Founder, Partner and Board Member

38 past transactions

PIESHIP

Seed Round in 2025
Pieship is a logistics startup that specializes in last-mile delivery. It operates a platform that connects shipping companies with licensed captains to efficiently deliver orders. The platform uses artificial intelligence to analyze and sort shipments into optimal routes based on locations, allowing captains to work flexibly and deliver shipments accurately and on time, thereby enhancing e-commerce brands' customer service.

Rize

Series A in 2025
Rize is a PropTech platform transforming rental payments for both residential and commercial properties. With its “Rent Now, Pay Later” service, Rize allows tenants to split their annual rent into manageable installments, which benefits both renters, who can better manage their rental budgets, and landlords, who can reach a larger consumer base and receive their yearly rental payment in advance. By enhancing affordability and flexibility, Rize inherently boosts occupancy rates across the rental market.

Simplified Financial Solutions Company

Seed Round in 2024
Simplified Financial Solutions Company offers startups and SMEs financial management solutions including the ability to issue virtual and physical corporate cards, manage spending and automate expense reporting.

CloudShelf

Funding Round in 2024
CloudShelf specializes in providing logistical solutions for e-commerce businesses, focusing on micro fulfillment services. The company aims to enhance the efficiency of online stores by offering technical services and facilitating instant delivery. By enabling retailers to cover larger geographical areas and implement fast shipping options, CloudShelf helps e-stores boost their sales and expand their market reach. This support positions online retailers to compete in the rapidly growing quick-commerce sector.

Rize

Seed Round in 2024
Rize is a PropTech platform transforming rental payments for both residential and commercial properties. With its “Rent Now, Pay Later” service, Rize allows tenants to split their annual rent into manageable installments, which benefits both renters, who can better manage their rental budgets, and landlords, who can reach a larger consumer base and receive their yearly rental payment in advance. By enhancing affordability and flexibility, Rize inherently boosts occupancy rates across the rental market.

Spare

Seed Round in 2023
Spare is a micro-savings application that offers tools for account information and payment initiation, aimed at enhancing financial product development. By leveraging open banking technology, Spare enables access to transaction data and personal account information, such as account names and balances, from various financial institutions. This functionality allows developers to create customized checkout experiences, facilitating improved financial management for users.

Omniful

Seed Round in 2023
Omniful is a developer of an omnichannel retail technology platform aimed at improving order fulfillment and operational efficiency for retailers of all sizes. The platform integrates various functionalities, including order management, warehouse management, inventory management, supply chain logistics, fleet management, and shipping automation. It enables retailers to ship online orders directly from physical stores, thereby enhancing speed and accuracy in fulfilling customer demands. Additionally, Omniful provides tools and software that assist brick-and-mortar retailers in optimizing their processes, automating tasks, and streamlining operations. This comprehensive approach allows retailers to boost productivity and ensure timely delivery of goods to consumers, ultimately enhancing the overall shopping experience.

Kaso

Seed Round in 2023
Kaso is a technology-driven company that operates a platform designed to connect restaurants with suppliers for efficient stock management. Its platform facilitates order processing and enhances communication between restaurants and suppliers, allowing for streamlined management of inventory needs. By providing centralized communication, Kaso enables restaurant owners to organize, place, review, and approve orders with ease. This approach not only simplifies the ordering process but also helps restaurant operators save time and reduce costs associated with supply management.

Agel

Pre Seed Round in 2023
Agel is a company focused on transforming the financial services landscape for micro, small, and medium enterprises (MSMEs) by providing a B2B payment platform that offers alternative financing options. Its primary objective is to facilitate and streamline transactions between wholesale and retail merchants, allowing them to access industry-agnostic merchandise credit limits. Agel's services are designed to be digital, cashless, and compliant with Sharia law, thus promoting financial inclusion and sustainability in alignment with the UN Global Sustainable Development Goals and Egypt’s 2030 vision. The company's initiatives aim to empower MSMEs, enhance financial literacy, eradicate the informal economy, and accelerate overall growth in the sector.

Gameball

Seed Round in 2023
Gameball is a developer of a marketing and customer relationship management platform focused on enhancing customer retention and engagement. The company offers a suite of tools that leverage gamification to create intelligent and customizable loyalty and rewards programs. Its platform includes features such as behavior-based notifications and referral management systems, allowing clients to foster personal experiences tailored to individual customer actions and interests. By facilitating a deeper connection between businesses and their customers, Gameball aims to streamline the user journey and strengthen customer relationships at every interaction point.

Classera

Series A in 2022
Classera is an education management system and ed-tech platform established in 2011 by Mohammad Alashmawi and Mohammad Almadani in San Francisco, California. The company specializes in providing learning management systems tailored for K-12 students. Its platform includes a range of features such as a student information system, student attendance tracking, social learning capabilities, a grade book, and a transcript management system. These tools are designed to enable users to effectively manage their educational records and facilitate personalized learning experiences. Classera aims to support the development of students by offering a comprehensive set of resources that cater to their educational needs.

ZenHR

Venture Round in 2022
ZenHR is a cloud-based human resources management system based in Amman, Jordan, with additional locations in Dubai and Riyadh. Founded in 2016, the company specializes in providing HR software solutions tailored for the Middle East and North Africa region. ZenHR's platform includes a comprehensive suite of features such as onboarding and offboarding, employee self-service, attendance and time tracking, payroll, and performance evaluation. The software is designed to comply with local labor laws, social insurance, tax regulations, and expat requirements, making it suitable for a wide range of clients from small and medium enterprises to larger organizations. By automating processes like salary calculations and offering user-friendly interfaces, ZenHR aims to enhance the overall HR experience for both departments and employees, facilitating a seamless transition from the hiring phase to retirement.

Rize

Pre Seed Round in 2022
Rize is a PropTech platform transforming rental payments for both residential and commercial properties. With its “Rent Now, Pay Later” service, Rize allows tenants to split their annual rent into manageable installments, which benefits both renters, who can better manage their rental budgets, and landlords, who can reach a larger consumer base and receive their yearly rental payment in advance. By enhancing affordability and flexibility, Rize inherently boosts occupancy rates across the rental market.

CloudShelf

Seed Round in 2022
CloudShelf specializes in providing logistical solutions for e-commerce businesses, focusing on micro fulfillment services. The company aims to enhance the efficiency of online stores by offering technical services and facilitating instant delivery. By enabling retailers to cover larger geographical areas and implement fast shipping options, CloudShelf helps e-stores boost their sales and expand their market reach. This support positions online retailers to compete in the rapidly growing quick-commerce sector.

Torod

Seed Round in 2022
Torod is a company that specializes in providing an API aggregator platform designed to streamline shipping and post-order management for e-commerce store owners. Their platform allows users to select the most suitable shipping service based on various factors such as price, insurance, destination, and item value with a simple setup process. By integrating multiple shipping options into a single interface, Torod helps merchants manage their supply chains more efficiently, enabling them to ship products, track orders, and handle returns all from one screen.

Noon Academy

Venture Round in 2022
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.

WakeCap Technologies

Venture Round in 2022
WakeCap Technologies offers an IoT-driven platform designed to enhance safety and productivity in construction sites. The company connects materials, equipment, and workers via IoT sensors, providing real-time field reporting and automated analytics. This enables construction firms to optimize resource allocation, monitor worker presence, and make data-driven decisions to improve operations and safety.

Kaso

Seed Round in 2022
Kaso is a technology-driven company that operates a platform designed to connect restaurants with suppliers for efficient stock management. Its platform facilitates order processing and enhances communication between restaurants and suppliers, allowing for streamlined management of inventory needs. By providing centralized communication, Kaso enables restaurant owners to organize, place, review, and approve orders with ease. This approach not only simplifies the ordering process but also helps restaurant operators save time and reduce costs associated with supply management.

Quant Data & Analytics

Series A in 2022
Quant Data & Analytics is a consultancy company based in Riyadh, Saudi Arabia, founded in 2015. The firm specializes in data science and offers a range of services including data analytics, business intelligence, artificial intelligence, and machine learning. Its expertise extends to data collection, quality management, predictive analytics, and analytics training. Quant aims to empower businesses and government entities by providing them with the tools and insights necessary to become data-driven, thus enhancing operational efficiency and decision-making capabilities. Additionally, the company develops a data analytics platform that facilitates project and data management, analytics, and data aggregation, enabling clients to address operational and strategic challenges effectively.

Squadio

Seed Round in 2022
Squadio is an international company based in Riyadh that operates a Team as a Service platform, connecting organizations with vetted tech squads for the development and enhancement of digital products. The platform specializes in assembling remote teams by providing services such as vetting, hiring engineers, and managing payroll. Additionally, Squadio offers the option of including a product manager within each squad, ensuring that companies can efficiently find and manage the right talent for their specific needs. By streamlining the process of team formation, Squadio enables businesses to effectively build and improve their digital offerings.

DAWUL

Seed Round in 2022
DAWUL is a developer of an online community-based social trading platform that facilitates investment strategies among users. The platform enables beginner investors to automate trade executions and follow professional traders, gaining insights into their portfolios and strategies. By allowing investors to share and analyze the financial status of their portfolios, DAWUL fosters a collaborative environment for users to explore various investment options and improve their trading decisions.

PIESHIP

Pre Seed Round in 2022
Pieship is a logistics startup that specializes in last-mile delivery. It operates a platform that connects shipping companies with licensed captains to efficiently deliver orders. The platform uses artificial intelligence to analyze and sort shipments into optimal routes based on locations, allowing captains to work flexibly and deliver shipments accurately and on time, thereby enhancing e-commerce brands' customer service.

Logexa

Seed Round in 2021
Logexa is a pioneering on-demand warehousing platform based in Saudi Arabia, designed to cater to the storage needs of small and medium-sized enterprises (SMEs). The platform connects businesses with available storage options across various geographical locations, offering flexibility in logistics and inventory management. Logexa enables warehouse owners to optimize their unused space by monetizing it, while SMEs can access diverse storage solutions, including dry, ambient, chilled, and frozen options, on a pay-per-pallet basis. This innovative approach allows businesses to scale their operations without the burden of long-term commitments or scalability issues, thereby enhancing overall efficiency in the supply chain.

Starzly

Seed Round in 2021
Starzly is an online media and entertainment platform that facilitates direct connections between fans and celebrities. By offering a unique application, the company enables users to book personalized video messages from their favorite stars and social media influencers. This platform enhances user engagement by allowing fans to interact with the celebrities they admire, thereby creating a more personalized experience. Starzly's focus on fostering these connections aims to boost both the engagement levels of users and the following of the influencers involved.

Odiggo

Seed Round in 2021
Odiggo is transforming the healthcare sector by automating physician workflows. Using language models, the company is able to automate all administrative tasks and save doctors 3 hours daily on documentation.

Mabaat

Seed Round in 2021
Mabaat operates a tech-driven platform focused on transforming the short-term rental market. The company manages properties on behalf of owners, offering services for mid- to high-end homes and compounds. Its platform provides real-time information streamlining operations like booking, payment, sterilization, and cleaning schedules, enabling guests access to upscale accommodations at affordable rates.

Sabbar

Funding Round in 2021
Sabbar Ltd., headquartered in Saudi Arabia, operates an on-demand staffing platform focused on blue-collar jobs within the retail, hospitality, and entertainment sectors across MENA. The company's core business is connecting businesses with highly qualified, vetted professionals for casual staff hiring during peak hours or high seasons. Sabbar streamlines the recruitment process by handling interviews, training, placement, shift scheduling, worker payments, and other administrative tasks, thereby reducing associated costs for its clients.

Quant Data & Analytics

Series A in 2021
Quant Data & Analytics is a consultancy company based in Riyadh, Saudi Arabia, founded in 2015. The firm specializes in data science and offers a range of services including data analytics, business intelligence, artificial intelligence, and machine learning. Its expertise extends to data collection, quality management, predictive analytics, and analytics training. Quant aims to empower businesses and government entities by providing them with the tools and insights necessary to become data-driven, thus enhancing operational efficiency and decision-making capabilities. Additionally, the company develops a data analytics platform that facilitates project and data management, analytics, and data aggregation, enabling clients to address operational and strategic challenges effectively.

DailyMealz

Seed Round in 2021
DailyMealz is a food delivery platform based in Riyadh, Saudi Arabia, founded in 2017. The company focuses on promoting healthy eating by connecting customers with the best healthy food restaurants in Saudi Arabia and Kuwait. Through its innovative platform, DailyMealz offers subscription services that allow users to order nutritious meals for a week or a month, ensuring they receive a variety of healthy options made from local ingredients. With a team of skilled inventors and professional drivers, DailyMealz simplifies the process of enjoying healthy meals every day, delivering them directly to customers' doorsteps.

Zid زد

Series A in 2021
Zid is a cloud-based multi-channel commerce platform tailored for small and medium-sized businesses in Saudi Arabia. Founded in 2017 and headquartered in Riyadh, Zid enables merchants to create their own branded eStores while integrating with various supply chain players. The platform offers a comprehensive suite of tools that allow users to manage products and inventory, process orders and payments, ship products, and build customer relationships. It also provides analytics and reporting features, facilitating data-driven decision-making, and offers access to financing options. Zid's mission is to simplify the entry of retailers into electronic commerce, making it accessible and professional for businesses in the region.

Lendo

Series A in 2021
Lendo is an alternative lending marketplace that helps digitally finance small and medium-sized enterprises (SMEs) in Saudi Arabia. Lendo was granted the first Crowdlending (debt financing) licensed in Saudi Arabia, and received the Excellence in Finance Leaders Award from FiNext Awards. Lendo’s products and solutions make everyday business activities easier, more secure, and more efficient for both investors and borrowers alike.

Omniful

Pre Seed Round in 2021
Omniful is a developer of an omnichannel retail technology platform aimed at improving order fulfillment and operational efficiency for retailers of all sizes. The platform integrates various functionalities, including order management, warehouse management, inventory management, supply chain logistics, fleet management, and shipping automation. It enables retailers to ship online orders directly from physical stores, thereby enhancing speed and accuracy in fulfilling customer demands. Additionally, Omniful provides tools and software that assist brick-and-mortar retailers in optimizing their processes, automating tasks, and streamlining operations. This comprehensive approach allows retailers to boost productivity and ensure timely delivery of goods to consumers, ultimately enhancing the overall shopping experience.

Tamara

Pre Seed Round in 2020
Tamara is a prominent shopping and payments platform based in Riyadh, Saudi Arabia, and serves the GCC region. Founded in September 2020 by Abdulmajeed Alsukhan and his partners, the company aims to revolutionize shopping, payment, and banking experiences. With a workforce of over 350 employees, Tamara operates additional offices in the UAE, Egypt, Germany, and Vietnam. The platform empowers merchants by providing flexible payment solutions, including installment options, through its application programming interfaces and plugins. This functionality enhances customer experiences and boosts sales for merchants. Tamara has established a robust customer base of 6 million and collaborates with over 15,000 partner merchants, which include both leading global brands and local small and medium enterprises. The company has successfully raised significant funding, highlighting its strong market presence and growth potential.

The Space

Venture Round in 2020
The Space is a co-working space and soft touch incubator. What is a soft-touch incubator? It’s their own take on how they believe new and experienced entrepreneurs can develop their business ideas to create workable business plans and solid prototypes. Unlike normal accelerators and incubators, their members do not go through an intensive course. Instead, they offer workshops that you may or may not choose to attend, but more importantly, they offer the community, the resources, and the support that will help you in developing your business.

Sabbar

Seed Round in 2019
Sabbar Ltd., headquartered in Saudi Arabia, operates an on-demand staffing platform focused on blue-collar jobs within the retail, hospitality, and entertainment sectors across MENA. The company's core business is connecting businesses with highly qualified, vetted professionals for casual staff hiring during peak hours or high seasons. Sabbar streamlines the recruitment process by handling interviews, training, placement, shift scheduling, worker payments, and other administrative tasks, thereby reducing associated costs for its clients.

Lendo

Seed Round in 2019
Lendo is an alternative lending marketplace that helps digitally finance small and medium-sized enterprises (SMEs) in Saudi Arabia. Lendo was granted the first Crowdlending (debt financing) licensed in Saudi Arabia, and received the Excellence in Finance Leaders Award from FiNext Awards. Lendo’s products and solutions make everyday business activities easier, more secure, and more efficient for both investors and borrowers alike.

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.

DailyMealz

DailyMealz is a food delivery platform based in Riyadh, Saudi Arabia, founded in 2017. The company focuses on promoting healthy eating by connecting customers with the best healthy food restaurants in Saudi Arabia and Kuwait. Through its innovative platform, DailyMealz offers subscription services that allow users to order nutritious meals for a week or a month, ensuring they receive a variety of healthy options made from local ingredients. With a team of skilled inventors and professional drivers, DailyMealz simplifies the process of enjoying healthy meals every day, delivering them directly to customers' doorsteps.
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