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.
Fetchr is an international express, mail delivery and logistics services company, operating an app-based on-demand delivery service model based in Dubai.
An insurance technology company offering a platform for health insurance and human resources administration.
Tamatem is an Amman-based company founded in 2013 by Hussam Hammo.
SocialDice is a Emirate of Dubai-based company.
Unifonic is a Saudi Arabia-based company.
Foodics is a company founded by Ahmad Alzaini.