VentureSouq

Hakbah Fintech is a prominent startup based in Saudi Arabia that specializes in financial savings through a unique social savings model. The company aims to transform how individuals save and access funds by offering a digital platform that facilitates both business-to-consumer and business-to-business-to-consumer solutions. Its application allows users to create or join savings groups, enabling them to save collaboratively with others. Users can participate in various time-based savings plans and customize their saving options. Payments for installments can be made using debit cards, and users have the flexibility to withdraw funds to their bank accounts when it is their turn to receive the pooled savings. Hakbah's mission is to simplify the savings process and make it accessible to everyone, empowering individuals to take control of their financial habits in a hassle-free manner.

Salla is a Saudi-based e-commerce platform that empowers users to establish their own online stores in Arabic, facilitating the sale of products and services directly to customers. The platform allows users to create branded stores with personalized domain names and design options. Store owners can effectively manage their inventory through Salla’s website or mobile application. Additionally, Salla offers a variety of features, including marketing tools, automated invoicing, and performance reports, which aid merchants in enhancing their sales and customer engagement. Users benefit from capabilities such as customer database management, the ability to block customers, and options for promotions and discounts, all without incurring fees or commissions.

Cyble is a cybersecurity company that specializes in cyber intelligence software aimed at monitoring the dark web and cybercrime. The company offers a platform that provides comprehensive visibility into cyber threats and risks by automating risk assessment processes and integrating deep web intelligence. This enables governments and enterprises to detect, prioritize, and remediate security threats effectively. Headquartered in Cupertino, California, Cyble has a global presence with offices in Australia, Malaysia, Singapore, Dubai, Saudi Arabia, and India. By delivering timely intelligence and expert insights, Cyble empowers its clients to safeguard their citizens and infrastructure against evolving cyber threats.

Quant Data & Analytics is a consultancy based in Riyadh, Saudi Arabia, specializing in data science services. Founded in 2015, the company offers a comprehensive range of solutions, including data analytics, business intelligence, artificial intelligence, machine learning, and data quality management. Its services encompass data visualization, predictive analytics, and analytics training, aimed at helping businesses and governments leverage data effectively. Additionally, Quant develops a data analytics platform that integrates project management, data aggregation, and metadata management, enabling clients to address operational and strategic challenges. Through its offerings, Quant Data & Analytics strives to empower organizations to optimize operations and enhance decision-making capabilities.

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.

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.

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.

Quant Data & Analytics is a consultancy based in Riyadh, Saudi Arabia, specializing in data science services. Founded in 2015, the company offers a comprehensive range of solutions, including data analytics, business intelligence, artificial intelligence, machine learning, and data quality management. Its services encompass data visualization, predictive analytics, and analytics training, aimed at helping businesses and governments leverage data effectively. Additionally, Quant develops a data analytics platform that integrates project management, data aggregation, and metadata management, enabling clients to address operational and strategic challenges. Through its offerings, Quant Data & Analytics strives to empower organizations to optimize operations and enhance decision-making capabilities.

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.

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.

Quant Data & Analytics is a consultancy based in Riyadh, Saudi Arabia, specializing in data science services. Founded in 2015, the company offers a comprehensive range of solutions, including data analytics, business intelligence, artificial intelligence, machine learning, and data quality management. Its services encompass data visualization, predictive analytics, and analytics training, aimed at helping businesses and governments leverage data effectively. Additionally, Quant develops a data analytics platform that integrates project management, data aggregation, and metadata management, enabling clients to address operational and strategic challenges. Through its offerings, Quant Data & Analytics strives to empower organizations to optimize operations and enhance decision-making capabilities.

Dapi Ltd is a fintech company that specializes in developing an application programming interface (API) designed to facilitate payments between consumer bank accounts and businesses. Founded in 2019 and headquartered in Abu Dhabi, United Arab Emirates, Dapi offers a suite of open banking APIs that enable real-time connections to customer bank accounts, initiate payments, and access financial data. This functionality empowers developers to create various financial applications, such as digital wallets, budget trackers, and investment tools. Dapi's services have gained traction across multiple countries, including operations in the United States, Saudi Arabia, Egypt, Pakistan, South Africa, and Kuwait. The company has experienced significant growth, achieving $400,000 in annual recurring revenue and a monthly growth rate exceeding 50%.

Sabbar Ltd. is an on-demand staffing platform based in Saudi Arabia that focuses on blue-collar jobs in the retail, hospitality, and entertainment sectors within the MENA region. The company provides an integrated solution for businesses to recruit casual staff during peak periods by connecting them with qualified and vetted professionals. Sabbar streamlines the recruitment process, alleviating administrative burdens associated with hiring, such as interviews, training, scheduling, and payment. By combining application software with strategic analytics and video communications, Sabbar aims to enhance productivity in candidate management and improve hiring outcomes for its clients.

Kitopi is a Kitchen as a Service (KaaS) platform that provides restaurants with the essential infrastructure and software needed to establish delivery-only locations efficiently and cost-effectively. Founded in 2018 by Mohamad Ballout, Saman Darkan, Bader Ataya, and Andy Arenas, the company operates a network of over 60 cloud kitchens across the United Arab Emirates, Saudi Arabia, Kuwait, and Bahrain. Kitopi's offerings include kitchen infrastructure, management services, call assistance, delivery management, trained staff, and industry-specific technology, allowing restaurateurs to focus on their culinary creations while minimizing capital expenditure and time. Although Kitopi expanded into the United States in 2019, it exited the market following the onset of the pandemic.

Dapi Ltd is a fintech company that specializes in developing an application programming interface (API) designed to facilitate payments between consumer bank accounts and businesses. Founded in 2019 and headquartered in Abu Dhabi, United Arab Emirates, Dapi offers a suite of open banking APIs that enable real-time connections to customer bank accounts, initiate payments, and access financial data. This functionality empowers developers to create various financial applications, such as digital wallets, budget trackers, and investment tools. Dapi's services have gained traction across multiple countries, including operations in the United States, Saudi Arabia, Egypt, Pakistan, South Africa, and Kuwait. The company has experienced significant growth, achieving $400,000 in annual recurring revenue and a monthly growth rate exceeding 50%.

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.

Kitopi is a Kitchen as a Service (KaaS) platform that provides restaurants with the essential infrastructure and software needed to establish delivery-only locations efficiently and cost-effectively. Founded in 2018 by Mohamad Ballout, Saman Darkan, Bader Ataya, and Andy Arenas, the company operates a network of over 60 cloud kitchens across the United Arab Emirates, Saudi Arabia, Kuwait, and Bahrain. Kitopi's offerings include kitchen infrastructure, management services, call assistance, delivery management, trained staff, and industry-specific technology, allowing restaurateurs to focus on their culinary creations while minimizing capital expenditure and time. Although Kitopi expanded into the United States in 2019, it exited the market following the onset of the pandemic.

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.

Souqalmal.com LLC FZ operates a leading financial comparison website in the Middle East, providing consumers in the UAE and Saudi Arabia with the tools to search and compare various financial products. Founded in 2012 and headquartered in Dubai, the platform offers detailed information on credit cards, personal loans, car loans, bank accounts, mortgages, and various insurance options, including car, home, travel, and SME insurance. Users can obtain real-time quotes for insurance in under 60 seconds and have their policies issued within an hour. Souqalmal.com has also expanded its services to include mobile phone and broadband plans, as well as educational options like schools and nurseries. The company has received multiple awards for its innovative approach and has grown its insurance business significantly. With backing from notable investors and a proven track record, Souqalmal.com continues to empower consumers to make informed financial decisions.

Souqalmal.com LLC FZ operates a leading financial comparison website in the Middle East, providing consumers in the UAE and Saudi Arabia with the tools to search and compare various financial products. Founded in 2012 and headquartered in Dubai, the platform offers detailed information on credit cards, personal loans, car loans, bank accounts, mortgages, and various insurance options, including car, home, travel, and SME insurance. Users can obtain real-time quotes for insurance in under 60 seconds and have their policies issued within an hour. Souqalmal.com has also expanded its services to include mobile phone and broadband plans, as well as educational options like schools and nurseries. The company has received multiple awards for its innovative approach and has grown its insurance business significantly. With backing from notable investors and a proven track record, Souqalmal.com continues to empower consumers to make informed financial decisions.