Wa’ed Ventures

Tenderd operates an on-demand marketplace for renting heavy equipment and provides an AI-powered platform to optimize fleet operations. The marketplace connects owners of equipment such as bulldozers, loaders and cranes with construction and engineering firms in the Middle East and North Africa and also manages a network of contractors. Its analytics platform converts equipment data into actionable insights to monitor operations, improve asset utilization, manage fuel consumption, plan routes, schedule maintenance and visualize trip logs, with features to measure carbon emissions and support safer, more efficient and sustainable operations.

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 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 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.

Democrance is an insurtech company that builds software to help insurers distribute, service, and administer insurance policies in the Middle East and North Africa. Founded in 2015 and based in Dubai, the company aims to democratize access to insurance by offering a micro-insurance services platform that supports life and health programs, project management, customer management, and claim handling, with delivery via mobile phones. The platform serves insurers and brokers across a broad range of products, from high-ticket policies to micro-insurance, and is designed to reach underinsured and uninsured populations in emerging markets. By simplifying policy access and administration, Democrance enables targeted distribution, better service, and expanded coverage for low-income families and other underserved customers.

Mthmr is a fintech company based in the MENA region. It specializes in card-linked offers powered by open banking, bridging the gap between advertisers seeking targeted consumers and banks aiming to personalize rewards. Mthmr's platform provides advertisers with precise customer behavior insights while enabling banks to offer merchant-funded rewards, enhancing consumer loyalty.

Tenderd operates an on-demand marketplace for renting heavy equipment and provides an AI-powered platform to optimize fleet operations. The marketplace connects owners of equipment such as bulldozers, loaders and cranes with construction and engineering firms in the Middle East and North Africa and also manages a network of contractors. Its analytics platform converts equipment data into actionable insights to monitor operations, improve asset utilization, manage fuel consumption, plan routes, schedule maintenance and visualize trip logs, with features to measure carbon emissions and support safer, more efficient and sustainable operations.

Founded in 2021, Autobia is a Saudi Arabian B2B marketplace that connects automotive wholesalers and resellers. It uses data-driven solutions to streamline infrastructure and after-sales processes, offering digital platforms for trading spare parts globally.

COFE App operates as a mobile online coffee marketplace that enables users to order coffee from a range of vendors, including chain coffee houses and specialty roasters, and to source beans, machines, and accessories through a single app. The platform aims to provide a faster, more convenient way to meet daily caffeine needs by offering multiple ordering and pickup or delivery options, such as home or office delivery, counter pickup, and car pickup from multiple vendors.

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 an international platform that connects organizations with vetted tech squads for managing digital product development or improvement. It offers services such as talent vetting, hiring engineers, payroll management, and optional product managers per squad.

Iyris Advanced Desert Greenhouses specializes in agriculture glazing solutions aimed at enhancing crop production in desert environments. The company leverages advanced agroclimatic technology that integrates climate control, plant science, and intelligent control systems to promote sustainable food production in water-scarce regions. By collaborating with leading glass manufacturers, Iyris offers ultra-clear glazing equipped with innovative anti-reflective and light diffusive coatings. This approach not only reduces the carbon and water footprint of agriculture but also empowers local farmers to cultivate food using fewer resources. Iyris is committed to designing sustainable agricultural technologies that effectively address the challenges posed by harsh climates, ultimately lowering costs and improving crop yields.

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 a retail company based in the United Arab Emirates, specializing in an extensive range of gift items through its online platform. Founded in 2015, Joi Gifts offers gifts for various occasions, including Christmas, birthdays, anniversaries, corporate events, and romantic gestures. The company's product lineup includes flowers, cakes, gourmet items, gift bundles, balloons, and personalized gifts, with a focus on same-day delivery in major metropolitan areas. Additionally, Joi Gifts provides experience gifts such as access to amusement parks and salons, enhancing the gift-giving experience. The company's mission is to bring joy through thoughtful gift selection, making it easier for individuals to celebrate special moments with their loved ones.

FalconViz specializes in digital transformation services, utilizing advanced technologies such as aerial drones and terrestrial scanning systems. The company offers comprehensive solutions for geospatial mapping, asset inspection, climate monitoring, and cultural heritage preservation. Founded in Saudi Arabia, FalconViz enables clients to enhance their digitization capabilities and make data-driven strategic decisions.

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 specializing in artificial intelligence-based traffic enforcement solutions, founded in 2017 and headquartered in Mecca, Saudi Arabia. It develops advanced traffic camera systems that utilize computer vision and deep learning to monitor and analyze traffic violations, including dangerous driving behavior. Hazen.ai's products, such as traffic violation monitors and vehicle motion tracking software, are designed to assist enforcement organizations in efficiently identifying and addressing various moving violations. By leveraging cutting-edge video analysis technology, the company's systems aim to enhance road safety and ultimately save lives.

Iyris Advanced Desert Greenhouses specializes in agriculture glazing solutions aimed at enhancing crop production in desert environments. The company leverages advanced agroclimatic technology that integrates climate control, plant science, and intelligent control systems to promote sustainable food production in water-scarce regions. By collaborating with leading glass manufacturers, Iyris offers ultra-clear glazing equipped with innovative anti-reflective and light diffusive coatings. This approach not only reduces the carbon and water footprint of agriculture but also empowers local farmers to cultivate food using fewer resources. Iyris is committed to designing sustainable agricultural technologies that effectively address the challenges posed by harsh climates, ultimately lowering costs and improving crop yields.

UnitX is a deep tech company specializing in artificial intelligence, supercomputing, and data analytics. It develops platforms and software to deploy AI at scale, with on-premises and edge-to-cloud integration and on-demand supercomputing for rapid prototyping. Its offerings include AI acceleration, digital transformation, and simulation-focused tools that let customers build applications and containers for supercomputing and allocate compute resources by time and cost. The company also provides safety and security monitoring solutions that fuse sensor data and video analytics to deliver real-time insights, detect hazards, and track personnel at industrial sites. UnitX serves a broad range of industries, including finance, insurance, government, retail, telecom, healthcare, manufacturing, and logistics. Based in Thuwal, Saudi Arabia, UnitX emphasizes responsible AI, holds ISO certification, and is recognized by SDAIA and NVIDIA for its technology.

Sadeem Technology develops a wireless sensing system that monitors floods, traffic, weather, and air quality in urban environments. The company deploys solar-powered, plug-and-play sensor networks, mobile applications, and visualization tools to enable disaster management and real-time situational awareness. Its sensors are installed in city infrastructure and drainage systems, facilitating early flood detection, traffic monitoring, and environmental sensing through an integrated platform. Founded in 2016 and based in Thuwal, Saudi Arabia, Sadeem offers a multi-patented solution comprising a network of sensors, a mobile app, and visualization tools to deliver real-time flood signals and traffic data, helping to mitigate losses and reduce congestion during extreme weather events.

Hazen.ai is a company specializing in artificial intelligence-based traffic enforcement solutions, founded in 2017 and headquartered in Mecca, Saudi Arabia. It develops advanced traffic camera systems that utilize computer vision and deep learning to monitor and analyze traffic violations, including dangerous driving behavior. Hazen.ai's products, such as traffic violation monitors and vehicle motion tracking software, are designed to assist enforcement organizations in efficiently identifying and addressing various moving violations. By leveraging cutting-edge video analysis technology, the company's systems aim to enhance road safety and ultimately save lives.

FalconViz specializes in digital transformation services, utilizing advanced technologies such as aerial drones and terrestrial scanning systems. The company offers comprehensive solutions for geospatial mapping, asset inspection, climate monitoring, and cultural heritage preservation. Founded in Saudi Arabia, FalconViz enables clients to enhance their digitization capabilities and make data-driven strategic decisions.

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.

Specializing in Earth Observation (EO) data and analytics using Synthetic Aperture Radar (SAR), SARsatX caters to diverse sectors such as environment, agriculture, energy, and mining. Additionally, the company designs and develops next-generation small satellites operating at X band for SAR missions.