Raed Ventures

Raed Ventures

Raed Ventures is a Saudi corporate venture capital firm established by Almajdouie Holding in 2015. It provides funding for the seed and early stage startups in Saudi Arabia and MENA region.

Founded in 2015, Raed Ventures is the corporate venture arm of Almajdouie Holding LLC based in Dammam, Saudi Arabia. The firm seeks to make minority seed and early-stage stage investments. The firm seeks to invest in companies from the commercial services, media, retail, healthcare technology, Software-as-a-Service, Financial Technology, Big Data, Internet of Things, education technology, artificial intelligence and machine learning sectors in the Middle East and North Africa.

Raed Ventures offers an experienced team, market access, a strategic partnership and funding for their portfolio companies. Their goals from their investments is to generate substantial returns frmo their investments, to invest in companies which can help other holdings in Almajdouie Holdings, invest in companies Raed Ventures feels will contribute socially and to enhance the ecosystem of Saudi Arabia.

Timeline

Funded Companies

Company
Description
Industry
Website
Location
Fetchr

Fetchr is an international express, mail delivery and logistics services company, operating an app-based on-demand delivery service model based in Dubai.

Dubai
Bayzat

An insurance technology company offering a platform for health insurance and human resources administration.

Insurance
United Arab Emirates
Tamatem

Tamatem is an Amman-based company founded by Hussam Hammo.

Mobile game
Amman
SocialDice

SocialDice is a Emirate of Dubai-based company.

Human resources
Emirate of Dubai
AqarMap

Company

E-commerce
Eventtus

Event management
Melltoo Marketplacce

Classified advertising
Noon Academy

Company

E-commerce
Foodics

Foodics is a company founded by Ahmad Alzaini.

Restaurant
Unifonic

Unifonic is a Saudi Arabia-based company.

Software
Saudi Arabia
Swvl

Company

Software as a service (SaaS)
Trukker

Crowd Analyzer

Crowd Analyzer is a social media company.

Social media
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People

Name
Role
LinkedIn

Alaa Alhashim

Advisor

Amr Shahwan

Advisor

Omar Almajdouie

Founding Partner

Saed Nashef

Advisor

Talal Alasmari

Managing Partner

Further reading

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Author
Link
Type
Date

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

References

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