Watheeq Proptech Venture

Munjz LLC operates a mobile application that connects customers with licensed handymen for various household services, including plumbing, electrical work, air-conditioning maintenance, cleaning, and furniture assembly. Founded in 2017 and based in Dammam, Saudi Arabia, Munjz offers a proptech solution that provides pre-screened professionals and integrated maintenance services for homes, facilities, and businesses. The platform also features an online marketplace that allows clients to access maintenance services and annual service packages tailored to their needs. This comprehensive approach aims to facilitate the management of household services effectively for all users.

Holo is the Middle East’s first digital property buying platform, transforming the homebuying process with an integrated, end-to-end digital solution. With advanced algorithms, Holo matches customers with the optimal mortgage product tailored to their financial needs and connects them with over 2,500 real estate agents via The Hub. With a user-friendly, 24/7 interface, users can seamlessly apply, upload documents, and track progress on any connected device. Recognized in the 2020 Wamda X cohort, Holo is revolutionizing home financing in the UAE—achieving monthly loan GMV exceeding AED 1 billion.

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.

Spaceti is an innovative technology company that provides an all-in-one workplace experience platform powered by artificial intelligence. The platform is designed for corporate and commercial real estate managers to centralize and manage their data effectively. Spaceti's solutions facilitate the digitization of indoor environments, allowing for integration with sensor networks to create comprehensive smart building IoT systems. By offering customizable features such as white-labeling and single sign-on, Spaceti adapts to the unique priorities of its clients. The platform aims to enhance the employee experience, improve workplace occupancy, and optimize operational efficiency, leading to cost savings and increased satisfaction. Spaceti operates on a subscription model, charging customers based on active users and sensors, and provides 24/7 customer support to ensure reliable service.

Darent is a technology start-up focused on enhancing the travel experience by connecting tourists with local residents through a property management platform. The company provides daily rental options, allowing travelers to immerse themselves in local culture and daily life. By offering a range of holistic and informative services, Darent enables homeowners to list their properties for short-term rentals, while tourists can discover unique accommodations that cater to their specific preferences. The platform aims to serve as a comprehensive resource for backpackers and travelers seeking authentic experiences during their journeys.