SILQ
Funding Round in 2025
SILQ is a platform dedicated to bridging economies and empowering businesses to trade, grow, and navigate new frontiers. By enabling seamless commerce, logistics, and finance, SILQ unlocks opportunities in emerging economies, fueling ambitions and redefining global trade.
The name SILQ is a modern tribute to the legendary Silk Road—reimagined for the digital age. The distinctive “Q” comes from Souq, the Arabic word for marketplace, symbolizing our commitment to fast, accessible, authentic, and reliable commerce.
SILQ aspires to transform local products and manufacturers into global brands by connecting them with entrepreneurs in emerging markets across the Gulf, South Asia, and beyond.
Tabby offers flexible payment solutions for online shopping. Based in the United Arab Emirates, it enables users to pay for purchases in deferred single payments or installments.
BuildNow
Debt Financing in 2025
BuildNow, established in 2022 and headquartered in Riyadh, Saudi Arabia, offers the Middle East, North Africa, and Pakistan's first 'Build Now Pay Later' solution. It funds raw materials for construction and manufacturing SMEs, providing tailored credit terms to optimize cash flow and accelerate growth.
Calo is a direct-to-consumer food tech company offering personalized meal subscriptions. Its app automatically calculates users' caloric and macronutrient needs, delivering ready-to-eat meals portioned to fit their fitness goals. The app matches users with chef-prepared meals, ensuring high-quality food convenient for busy lifestyles.
Invygo is MENA's leading car subscription service, offering consumers accessible mobility options via an all-inclusive monthly subscription through its mobile app. It provides dealers with a new revenue-generating business model that reduces depreciation and operational costs.
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.
Abyan Capital
Series A in 2024
Abyan Capital develops a robo‑advisor platform that automates investment and savings. The platform offers diversified portfolios that include real estate, bonds, and domestic and international equities, helping investors grow returns.
Salla
Venture Round in 2024
Salla is a Saudi-based e-commerce platform enabling users to establish their online stores in Arabic. It offers custom branding, inventory management via web or app, and tools such as automatic invoices, customer database, discounts, and more.
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.
SpiderSilk
Venture Round in 2023
SpiderSilk is a Dubai-based cybersecurity firm founded in 2019, specializing in advanced simulations of cyberattacks to help organizations enhance their security defenses. The company utilizes a combination of proprietary machine-driven technology and human ethical hackers to identify vulnerabilities and security exploits in applications across public and internal infrastructures. By conducting adversarial simulations and continuous scans of the open internet, SpiderSilk enables companies to effectively identify and manage potential threats. Its enterprise security testing services are complemented by robust advisory offerings that provide organizations with valuable insights into areas for improvement and best security practices. SpiderSilk has successfully uncovered critical threats that could have affected over 120 million individuals, demonstrating its significant impact in the cybersecurity landscape.
Tabby offers flexible payment solutions for online shopping. Based in the United Arab Emirates, it enables users to pay for purchases in deferred single payments or installments.
Qlub offers a fast and secure payment solution designed specifically for the restaurant industry. Its platform enables restaurant, pub, and cafe owners to display their menus and accept payments in seconds. Customers can pay their bills quickly by scanning a QR code, allowing for a seamless transaction that takes about 10 seconds, all without the need to install an app or register. This efficiency enhances the dining experience for customers while improving workflow for staff, ultimately creating a more enjoyable atmosphere for all.
Floward is an online flower and gifts eCommerce platform that offers a diverse selection of products, including flowers, cakes, balloons, and chocolate boxes, tailored for various occasions such as birthdays, anniversaries, and weddings. The company provides same-day delivery services sourced from both local and international brands, ensuring timely service for its customers. Floward has experienced aggressive expansion, currently operating in 36 cities across nine countries in the MENA region and the United Kingdom. In December 2020, it marked its first venture outside the Middle East by launching its platform in London, further broadening its reach and enhancing its service offerings.
Tabby offers flexible payment solutions for online shopping. Based in the United Arab Emirates, it enables users to pay for purchases in deferred single payments or installments.
D360 Bank
Venture Round in 2023
D360 Bank is a digital bank that operates primarily through its mobile application. It offers a range of financial services, including secure and user-friendly banking solutions, to its customers.
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.
Calo is a direct-to-consumer food tech company offering personalized meal subscriptions. Its app automatically calculates users' caloric and macronutrient needs, delivering ready-to-eat meals portioned to fit their fitness goals. The app matches users with chef-prepared meals, ensuring high-quality food convenient for busy lifestyles.
Jasper is a global enterprise AI marketing company whose platform enables organizations to reimagine end-to-end marketing workflows, driving brand consistency, efficiency and personalized customer experiences at scale. The tool supports automated content creation for blog articles, social media posts and marketing emails, helping teams maintain their brand voice while accelerating production. With offices in the United States, Australia and France, Jasper serves enterprise clients seeking scalable AI-powered writing and workflow automation for marketing initiatives.
Levers
Pre Seed Round in 2022
Levers is a developer of a SaaS platform that specializes in accounts receivable management for B2B companies. The company offers a solution that integrates seamlessly with existing accounting systems, enhancing the accounts receivable process. Its platform features personalized payment reminders, flexible payment options, and tools for cross-team collaboration. Additionally, Levers provides actionable business intelligence and live monthly bookkeeping, helping businesses reduce overdue payments, expedite cash collection, and ultimately improve cash flow. By streamlining financial operations, Levers aims to empower companies to manage their receivables more effectively.
Homzmart
Venture Round in 2022
Homzmart Ltd. is an e-commerce platform based in Cairo, Egypt, that specializes in selling home furniture, décor, lighting, and various home supplies. Founded in 2019, the company facilitates connections between homeowners and home professionals, allowing users to browse an extensive selection of products while accessing reviews, expert advice, and articles on home improvement. Homzmart aims to create a community-driven environment that enhances the shopping experience for home-related needs, offering a diverse range of quality products at competitive prices. Through its platform, the company seeks to simplify the process of home furnishing and improvement for its customers.
Zenda is a fintech application that simplifies the payment of school fees for parents by offering both pay-now and pay-later options. The platform provides a comprehensive financial solution designed to facilitate digital payments and financing, specifically targeting the needs of parents. It includes features such as fee management for educational institutions, integrated payment gateways, and automated reminders to help avoid penalties and fines. Additionally, Zenda offers auto reconciliation and synchronization, reducing the need for manual intervention. By enabling parents to access installment options seamlessly at the time of payment, Zenda aims to streamline the financial process associated with education expenses while rewarding timely payments.
Foodics is a cloud-based restaurant management platform that runs on an iPad, offering point-of-sale transactions, inventory management, employee scheduling, loyalty programs, e-commerce, and a management dashboard. The system integrates an iPad kitchen display, menu management, notifications, call center, and inventory and supply chain capabilities to provide a holistic view of operations. Founded in 2014 and headquartered in AlKhobar, Saudi Arabia, Foodics serves restaurants, food trucks, cafes, and quick-service chains in the Middle East, with thousands of customers and real-time operational insights. The platform supports English and Arabic, offers various add-on apps, and aims to streamline sales, logistics, and customer relationships to help clients increase revenues and enhance dining experiences.
Founded in 2016, Gathern is a Saudi Arabian-based company operating a platform that facilitates bookings of chalets and villas for travelers. It connects guests with various vacation rentals and enables hosts to monetize their properties hassle-free.
Founded in 2016, Gathern is a Saudi Arabian-based company operating a platform that facilitates bookings of chalets and villas for travelers. It connects guests with various vacation rentals and enables hosts to monetize their properties hassle-free.
Tabby offers flexible payment solutions for online shopping. Based in the United Arab Emirates, it enables users to pay for purchases in deferred single payments or installments.
TruKKer is a technology-enabled truck aggregator based in Abu Dhabi, UAE, founded in 2016. The company operates a logistics and fleet management platform that simplifies road freight and logistics operations by integrating demand and supply for land freight services. TruKKer's platform connects shippers and carriers in real time, ensuring maximum utilization of available trucks and reducing overall transportation costs. The company's network, powered by real-time data analytics, enhances reliability and transparency while creating opportunities for data monetization and consolidated procurement. By offering end-to-end coverage and a comprehensive service portfolio, TruKKer facilitates cross-border transportation services for various end markets, benefiting both shippers and transporters alike.
Nana
Venture Round in 2022
Nana is an online grocery platform based in Saudi Arabia that specializes in providing doorstep deliveries of a diverse range of products. The platform offers an extensive selection of groceries, fruits, vegetables, cosmetics, electronics, bakery items, and flowers, allowing consumers to conveniently purchase items online. By focusing on home delivery, Nana aims to simplify the shopping experience for its users, making it easier for them to access essential goods from the comfort of their homes.
Qlub offers a fast and secure payment solution designed specifically for the restaurant industry. Its platform enables restaurant, pub, and cafe owners to display their menus and accept payments in seconds. Customers can pay their bills quickly by scanning a QR code, allowing for a seamless transaction that takes about 10 seconds, all without the need to install an app or register. This efficiency enhances the dining experience for customers while improving workflow for staff, ultimately creating a more enjoyable atmosphere for all.
Sary is a digital business-to-business marketplace based in Riyadh, Saudi Arabia, that connects small and medium-sized enterprises with merchant wholesalers of fast-moving consumer goods (FMCG). Founded in 2018 by Mohammed Aldossary and Khaled AlSiari, Sary aims to streamline the supply chain in the wholesale industry, allowing businesses to efficiently procure inventory. Its mobile and web application offers a range of FMCG products, including beverages, oils, and snacks, facilitating orders from small quantities to truckloads with rapid delivery options, often within 24 hours. Sary serves a diverse clientele, including mini-market chains, hotels, restaurants, and convenience shops, and has expanded its operations to 12 major cities, catering to over 40,000 customers and partnering with more than 1,700 brands and wholesalers. The platform provides users with immediate price quotations and product comparisons, enabling them to manage their expenses effectively as their businesses grow.
Opontia facilitates swift and equitable sales of small e-commerce businesses. They focus on acquiring companies with enduring competitive advantages and robust home-grown brands. Their streamlined process aims to deliver funds to sellers within six weeks.
Calo is a direct-to-consumer food tech company offering personalized meal subscriptions. Its app automatically calculates users' caloric and macronutrient needs, delivering ready-to-eat meals portioned to fit their fitness goals. The app matches users with chef-prepared meals, ensuring high-quality food convenient for busy lifestyles.
Founded in 2006, Unifonic is a leading cloud-based provider of customer communication and engagement solutions. It offers affordable enterprise-grade multilingual platforms for seamless omnichannel communications across the Middle East.
Tabby offers flexible payment solutions for online shopping. Based in the United Arab Emirates, it enables users to pay for purchases in deferred single payments or installments.
Intelmatix
Seed Round in 2021
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.
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.
Floward is an online flower and gifts eCommerce platform that offers a diverse selection of products, including flowers, cakes, balloons, and chocolate boxes, tailored for various occasions such as birthdays, anniversaries, and weddings. The company provides same-day delivery services sourced from both local and international brands, ensuring timely service for its customers. Floward has experienced aggressive expansion, currently operating in 36 cities across nine countries in the MENA region and the United Kingdom. In December 2020, it marked its first venture outside the Middle East by launching its platform in London, further broadening its reach and enhancing its service offerings.
Tweeq is a financial technology company that specializes in providing tailored payment and banking solutions. It operates a financial management platform aimed at personal finance, offering features such as spending tracking, instant money transfers, and enriched transaction data. These tools enable users to efficiently manage their finances, gain insights into their spending habits, and work towards achieving their financial goals. With a focus on enhancing user experience, Tweeq strives to empower individuals in their financial decision-making processes.
Founded in 2016, Gathern is a Saudi Arabian-based company operating a platform that facilitates bookings of chalets and villas for travelers. It connects guests with various vacation rentals and enables hosts to monetize their properties hassle-free.
Sary is a digital business-to-business marketplace based in Riyadh, Saudi Arabia, that connects small and medium-sized enterprises with merchant wholesalers of fast-moving consumer goods (FMCG). Founded in 2018 by Mohammed Aldossary and Khaled AlSiari, Sary aims to streamline the supply chain in the wholesale industry, allowing businesses to efficiently procure inventory. Its mobile and web application offers a range of FMCG products, including beverages, oils, and snacks, facilitating orders from small quantities to truckloads with rapid delivery options, often within 24 hours. Sary serves a diverse clientele, including mini-market chains, hotels, restaurants, and convenience shops, and has expanded its operations to 12 major cities, catering to over 40,000 customers and partnering with more than 1,700 brands and wholesalers. The platform provides users with immediate price quotations and product comparisons, enabling them to manage their expenses effectively as their businesses grow.
Foodics is a cloud-based restaurant management platform that runs on an iPad, offering point-of-sale transactions, inventory management, employee scheduling, loyalty programs, e-commerce, and a management dashboard. The system integrates an iPad kitchen display, menu management, notifications, call center, and inventory and supply chain capabilities to provide a holistic view of operations. Founded in 2014 and headquartered in AlKhobar, Saudi Arabia, Foodics serves restaurants, food trucks, cafes, and quick-service chains in the Middle East, with thousands of customers and real-time operational insights. The platform supports English and Arabic, offers various add-on apps, and aims to streamline sales, logistics, and customer relationships to help clients increase revenues and enhance dining experiences.
SpiderSilk
Seed Round in 2021
SpiderSilk is a Dubai-based cybersecurity firm founded in 2019, specializing in advanced simulations of cyberattacks to help organizations enhance their security defenses. The company utilizes a combination of proprietary machine-driven technology and human ethical hackers to identify vulnerabilities and security exploits in applications across public and internal infrastructures. By conducting adversarial simulations and continuous scans of the open internet, SpiderSilk enables companies to effectively identify and manage potential threats. Its enterprise security testing services are complemented by robust advisory offerings that provide organizations with valuable insights into areas for improvement and best security practices. SpiderSilk has successfully uncovered critical threats that could have affected over 120 million individuals, demonstrating its significant impact in the cybersecurity landscape.
Tabby offers flexible payment solutions for online shopping. Based in the United Arab Emirates, it enables users to pay for purchases in deferred single payments or installments.
Salla is a Saudi-based e-commerce platform enabling users to establish their online stores in Arabic. It offers custom branding, inventory management via web or app, and tools such as automatic invoices, customer database, discounts, and more.
Wajeez
Pre Seed Round in 2020
Wajeez is a subscription-based mobile application offering summaries of nonfiction books in Arabic. With over 3,500 summaries, it caters to approximately 800,000 users within seven months.
Nana is an online grocery platform based in Saudi Arabia that specializes in providing doorstep deliveries of a diverse range of products. The platform offers an extensive selection of groceries, fruits, vegetables, cosmetics, electronics, bakery items, and flowers, allowing consumers to conveniently purchase items online. By focusing on home delivery, Nana aims to simplify the shopping experience for its users, making it easier for them to access essential goods from the comfort of their homes.
Vezeeta is a digital healthcare platform based in Heliopolis, Egypt, established in 2011. It facilitates connections between patients and healthcare providers across the Middle East and Africa, specifically in countries such as Egypt, Saudi Arabia, Jordan, and Lebanon. The platform allows patients to search for, compare, and book appointments with doctors, leveraging over 200,000 verified reviews to enhance decision-making. In addition to patient-facing services, Vezeeta offers innovative software solutions for healthcare providers, including clinic management tools that streamline operations and improve patient experiences. The platform also supports features such as live scheduling, automated medication reminders, and options for in-clinic, virtual, or at-home consultations, thereby empowering millions of patients to access and manage their healthcare efficiently.
TruKKer is a technology-enabled truck aggregator based in Abu Dhabi, UAE, founded in 2016. The company operates a logistics and fleet management platform that simplifies road freight and logistics operations by integrating demand and supply for land freight services. TruKKer's platform connects shippers and carriers in real time, ensuring maximum utilization of available trucks and reducing overall transportation costs. The company's network, powered by real-time data analytics, enhances reliability and transparency while creating opportunities for data monetization and consolidated procurement. By offering end-to-end coverage and a comprehensive service portfolio, TruKKer facilitates cross-border transportation services for various end markets, benefiting both shippers and transporters alike.
Noon Academy
Series A in 2019
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.
Firefly Systems Inc., founded in 2017 and based in San Francisco, California, specializes in street-level digital media through its innovative advertising platform. The company installs digital displays on rideshare vehicles and taxis, creating a unique out-of-home advertising network that leverages location-based technology and first-party data for precise audience targeting. Firefly's system enables the delivery of engaging, full-screen advertisements that are responsive to the surrounding environment, allowing brands to amplify their marketing efforts in real-time. By utilizing 4G and LTE cellular transmission, Firefly connects clients with flexible advertising solutions while providing measurable insights on campaign effectiveness and audience engagement.
MRSOOL is an on-demand delivery network based in Riyadh, Saudi Arabia, that enables consumers to order products from any store within the cities it serves. Founded in 2015, the company has developed a unique platform that facilitates a customer-to-customer network, allowing users to interact through a chat-based interface to describe their delivery needs creatively. This innovative approach empowers couriers to bid on deliveries, ensuring a scalable and self-regulating service model. By early 2019, MRSOOL had processed over 1 billion Riyals in transactions and served more than 10 million users across Saudi Arabia, establishing itself as a pioneer in the region's on-demand service fulfillment market.
Careem operates a car booking platform that connects passengers with local drivers via a marketplace of community drivers. The platform lets users request a ride in minutes, see the fare, and pay with a credit card, providing access to convenient and affordable transportation.
Founded in 2006, Unifonic is a leading cloud-based provider of customer communication and engagement solutions. It offers affordable enterprise-grade multilingual platforms for seamless omnichannel communications across the Middle East.
Vezeeta is a digital healthcare platform based in Heliopolis, Egypt, established in 2011. It facilitates connections between patients and healthcare providers across the Middle East and Africa, specifically in countries such as Egypt, Saudi Arabia, Jordan, and Lebanon. The platform allows patients to search for, compare, and book appointments with doctors, leveraging over 200,000 verified reviews to enhance decision-making. In addition to patient-facing services, Vezeeta offers innovative software solutions for healthcare providers, including clinic management tools that streamline operations and improve patient experiences. The platform also supports features such as live scheduling, automated medication reminders, and options for in-clinic, virtual, or at-home consultations, thereby empowering millions of patients to access and manage their healthcare efficiently.
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.
Proof Experiences enables your marketing team to personalize your website for each visitor without writing a single line of code.
The company enables your marketing team to personalize text, images, and CTAs no matter what platform your site is built on.
Proof was established on March 15, 2017 by Chris Hull, Dave Rogenmoser, and John Philip Morgan in Austin, Texas.