Wa’ed Ventures

Tenderd LLC operates an on-demand marketplace for renting heavy equipment, including bulldozers and cranes, primarily serving construction and engineering companies in the Middle East and North Africa. Based in Dubai, the company connects equipment owners with contractors to facilitate rentals. Additionally, Tenderd offers an AI-driven platform that enhances fleet operations by transforming equipment data into actionable insights. This platform enables clients to monitor operations, optimize equipment use, manage fuel consumption, plan routes, and schedule maintenance, all while measuring carbon emissions. By integrating AI and analytics, Tenderd aims to improve decision-making, reduce operational costs, enhance safety, and promote environmentally sustainable practices within the industry.

Stake is a digital platform that facilitates real estate investment, allowing individuals to invest in income-generating rental properties quickly and easily. The platform aims to modernize real estate investment by making it accessible to a broader audience. Stake achieves this by breaking down properties into smaller, investable shares, thereby enabling users to purchase stakes in residential properties. This approach not only democratizes real estate investment but also enhances transparency and profitability for investors. Through its innovative model, Stake provides a streamlined way for individuals to engage in the real estate market without the complexities traditionally associated with property investment.

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.

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.

spiderSilk Security is a cybersecurity firm based in Dubai, United Arab Emirates, founded in 2019. The company specializes in simulating advanced cyberattacks to help organizations strengthen their security defenses. By combining proprietary machine-driven technology with the expertise of ethical hackers, spiderSilk enhances its capability to identify security vulnerabilities in applications across both public and internal infrastructures. Their methodologies enable impactful simulations that have potential implications for millions of individuals. In addition to its simulation services, spiderSilk offers advisory services that provide organizations with critical insights into security weaknesses and recommend best practices for improvement. The firm continuously monitors assets and attack surfaces to ensure comprehensive protection against emerging threats.

Democrance is an insurance technology company based in Dubai, United Arab Emirates, founded in 2015. It specializes in developing software that facilitates the distribution, servicing, and administration of insurance policies across the Middle East and Northern Africa. The company focuses on providing insurance solutions to underinsured and uninsured populations in emerging markets, offering a range of products from micro-insurance to traditional policies. Democrance's platform enables low-income families to access life and health insurance programs conveniently through mobile devices, while also providing essential industry expertise, project management, customer management, and claim management services.

Tenderd LLC operates an on-demand marketplace for renting heavy equipment, including bulldozers and cranes, primarily serving construction and engineering companies in the Middle East and North Africa. Based in Dubai, the company connects equipment owners with contractors to facilitate rentals. Additionally, Tenderd offers an AI-driven platform that enhances fleet operations by transforming equipment data into actionable insights. This platform enables clients to monitor operations, optimize equipment use, manage fuel consumption, plan routes, and schedule maintenance, all while measuring carbon emissions. By integrating AI and analytics, Tenderd aims to improve decision-making, reduce operational costs, enhance safety, and promote environmentally sustainable practices within the industry.

Autobia is a B2B marketplace based in Dammam, Saudi Arabia, founded in 2021. The company focuses on addressing infrastructure and after-sales issues within the automotive industry. By leveraging data, Autobia connects wholesalers and resellers, providing integrated digital, operational, and logistical solutions. This platform enables clients to access spare parts trade digitally, facilitating business expansion on a global scale.

COFE App is an online coffee marketplace designed to streamline the coffee ordering experience for enthusiasts. The application provides users with a convenient platform to order a variety of coffee beverages from both chain coffee houses and specialty roasters, catering to the diverse needs of coffee lovers. In addition to ready-to-drink options, COFE App allows users to purchase coffee beans, machines, and accessories, positioning itself as a comprehensive resource for coffee-related products. The platform offers multiple ordering options, including delivery to homes or offices, counter pickup, and car pickup services from various vendors, making it a one-stop shop for all coffee-related needs. By focusing on efficiency and accessibility, COFE App aims to enhance the daily coffee experience for its users.

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.

Hire at enterprise scale without enterprise complexity. Since 2019, Elevatus has been rigorously implementing the latest in AI technology and modern science to design award-winning recruiting solutions that are revolutionizing the future of HR. Through these solutions, hundreds of companies from all over the world have been able to hire and assess over 1 million candidates to date. Elevatus helps enterprises, industry giants, startups, and brands from all around the globe centralize their core HR processes under one unified umbrella – to create a faster and more cost-efficient hiring experience. Today, Elevatus is a multi-award-winning software company headquartered in Saudi Arabia; with a growing client base, first-class awards, and legions of talented people in our team.

Squadio is a Team as a Service platform based in Riyadh that connects organizations and business owners with vetted tech squads for the development and enhancement of digital products. The platform specializes in assembling remote teams of engineers and offers a range of services, including talent vetting, hiring, payroll management, and the provision of a product manager for each squad. This approach allows companies to efficiently hire qualified professionals tailored to their specific needs, facilitating effective team management and project execution.

Lamaa is a financial technology company based in Riyadh, Saudi Arabia, that focuses on providing solutions for small and medium enterprises (SMEs). The company specializes in invoice financing services and offers software and online tools designed to manage banking and tax processes. By facilitating supply chain finance without the need for promissory notes, Lamaa enhances the financial inclusion of SMEs, allowing them to optimize working capital management for suppliers. This approach supports corporations in maximizing their treasury returns while streamlining their financial operations.

Cura is a telemedicine company that connects patients with licensed doctors through its platform, allowing users in Saudi Arabia to access teleconsultations across approximately 200 medical specialties. Since its launch in 2016, Cura has enhanced its services to enable users to receive diagnoses based on international standards and obtain e-prescriptions for themselves or their family members. The platform facilitates consultations through various media, including pictures, videos, and audio recordings, ensuring that patients can follow up on their healthcare needs without the constraints of time or distance. Users can also pay for services using their health insurance, further streamlining the process of accessing medical care.

Joi Gifts is an online retail platform specializing in a diverse range of gift items suitable for various occasions, including Christmas, birthdays, anniversaries, and corporate events. Founded in 2015 and based in the United Arab Emirates, the company offers an extensive selection of products such as flowers, cakes, gourmet gift baskets, balloons, personalized items, and experience gifts like amusement park visits and salon services. Known for its commitment to quality and customer satisfaction, Joi Gifts provides same-day delivery in major metropolitan areas, ensuring a seamless and memorable gift-giving experience.

FalconViz LLC, founded in 2015 and based in Thuwal, Saudi Arabia, specializes in 3D surveying and mapping services using advanced aerial and terrestrial scanning technologies. The company employs autonomous multirotor copters to conduct 3D aerial scanning, offering real-time processing of image, orientation, and positioning data. FalconViz produces interactive 3D models, which serve various sectors including urban planning, industrial engineering, construction, cultural heritage reconstruction, and emergency response. Additionally, the company supports commercial projects such as advertisement and motion picture asset generation. By leveraging patented technologies developed at KAUST, FalconViz contributes to digital transformation in Saudi Arabia, providing clients with accurate, timely data to enhance decision-making and strategic planning.

Postage offers delivery services for various goods ranging from clothing to books offered by 50 local and international e-commerce players. It claims to be the first last-mile operator to offer guaranteed same-day delivery between Riyadh and Dammam, as well as offering a two-hour delivery service across Riyadh.

Hazen.ai is a company based in Mecca, Saudi Arabia, that specializes in developing artificial intelligence-driven traffic enforcement software. Founded in 2017, Hazen.ai creates advanced traffic camera systems that utilize computer vision and deep learning algorithms to monitor and analyze traffic violations. Their products, including a traffic violations monitor and a traffic spot and turn counter, are designed to identify dangerous driving behaviors by processing video footage. By providing enforcement organizations with accurate data and analytics, Hazen.ai aims to enhance road safety and assist in the efficient management of traffic violations.

UnitX Technologies is an artificial intelligence and supercomputing company based in Thuwal, Saudi Arabia, founded in 2018. The company specializes in deploying AI at scale for various industries, including finance, government, retail, healthcare, and manufacturing. It offers a range of products and services through its online software platform, such as UnitX Sentient for accelerating AI initiatives, UnitX Maestro for digital transformation with cloud integration, and UnitX RapidSim for on-demand supercomputing aimed at virtual prototyping. Additionally, UnitX automates safety and security monitoring at industrial sites using its patent-pending AI platform, Vizard, which analyzes sensor data and video analytics to provide real-time insights for health, safety, and environmental (HSE) managers. This platform enhances worker safety by detecting hazards and monitoring restricted zones, thereby reducing incident risks and operational costs. UnitX is recognized for its commitment to responsible AI and ethics and holds ISO certification.

Sadeem Technology specializes in developing innovative wireless sensing devices aimed at monitoring urban environments for flood, traffic, weather, and air quality. Founded in 2016 and based in Thuwal, Saudi Arabia, the company provides a unique early detection and monitoring system that integrates a network of solar-powered sensors, mobile applications, and visualization tools. These sensors are designed for easy installation in urban areas and drainage systems, functioning in a plug-and-play manner. Sadeem’s multi-patented system enables real-time communication and data visualization, assisting users in mitigating the impacts of floods and reducing traffic congestion. This comprehensive approach not only aims to enhance disaster management but also strives to save lives and minimize economic losses associated with environmental challenges.

Hazen.ai is a company based in Mecca, Saudi Arabia, that specializes in developing artificial intelligence-driven traffic enforcement software. Founded in 2017, Hazen.ai creates advanced traffic camera systems that utilize computer vision and deep learning algorithms to monitor and analyze traffic violations. Their products, including a traffic violations monitor and a traffic spot and turn counter, are designed to identify dangerous driving behaviors by processing video footage. By providing enforcement organizations with accurate data and analytics, Hazen.ai aims to enhance road safety and assist in the efficient management of traffic violations.

FalconViz LLC, founded in 2015 and based in Thuwal, Saudi Arabia, specializes in 3D surveying and mapping services using advanced aerial and terrestrial scanning technologies. The company employs autonomous multirotor copters to conduct 3D aerial scanning, offering real-time processing of image, orientation, and positioning data. FalconViz produces interactive 3D models, which serve various sectors including urban planning, industrial engineering, construction, cultural heritage reconstruction, and emergency response. Additionally, the company supports commercial projects such as advertisement and motion picture asset generation. By leveraging patented technologies developed at KAUST, FalconViz contributes to digital transformation in Saudi Arabia, providing clients with accurate, timely data to enhance decision-making and strategic planning.

IK Saudi is Saudi JV -based Company and has a manufacturing facility at Dammam second industrial city, IK-Saudi vision to be the premier pipe & pipeline intervention solutions & technologies in Saudi and the Middle East. The company is well positioned to address the current market gap in Saudi Arabia for engineered utility scrapers and bespoke world-class solutions for pipelines in Saudi Arabia and the Middle East.(Hot tapping, Hot Bolting, Hydrostatic Testing , Sub Sea Turn around and repair solutions.

SafeRoad Co. LTD. specializes in GPS tracking hardware and software solutions aimed at enhancing safe road operations in the Middle East. Founded in 2008 and based in Khobar, Saudi Arabia, the company provides a comprehensive range of services including fleet management, individual vehicle monitoring, generator monitoring, and school bus systems. Its offerings feature real-time tracking, history tracking, geo-fencing, and notification alerts. SafeRoad's innovative telematics solutions not only focus on fleet management but also on optimizing driver utilization, ensuring driver safety, and reducing operational costs and insurance expenses for various sectors such as transportation, courier delivery, and civil contracting. The company's commitment to improving road safety and driver behavior has garnered recognition and awards from notable organizations, highlighting its significant impact on the regional economy.

SARsatX specializes in Earth Observation data and analytics, utilizing Synthetic Aperture Radar (SAR) technology to serve various industries, including environmental management, agriculture, energy, and mining. The company is particularly focused on the Gulf Cooperation Council (GCC) and the Middle East and North Africa (MENA) regions, providing timely and reliable data that enhances decision-making and operational efficiency for its clients. Additionally, SARsatX is involved in the design and development of next-generation small satellites that operate in the X band, further advancing its capabilities in delivering high-quality satellite data.