Fundraising FoxElm
Venture capitalRiyadh · Seed–Series B · 1 people tracked
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Team · 1 people
from public directories
What they invest in
from 6 of 9 portfolio companiesSaaS ×5E-commerce ×3AI & Machine Learning ×2Enterprise Software ×2Media & Entertainment ×2Retail Tech ×2B2B Marketplaces ×1Cloud Computing ×1
HQs:Saudi Arabia×6
Investments · 9 tracked
founders shown can be your intro pathBy year:2026 · 22025 · 12022 · 12021 · 32019 · 18 dated
BECO Capital is a venture capital firm that invests in technology founders across the Gulf and Middle East from pre-seed through pre-IPO stages, managing over $820 million across five funds.
Sector Agnostic
Co-investorsAMK Investment Office
COTU Ventures is an early-stage venture capital firm that provides first-check funding to startups in the MENA region.
Co-investorsAMK Investment OfficeDubai Future District Fund
Foodics provides a cloud-based point-of-sale and restaurant management system that lets food and beverage businesses handle orders, payments, inventory, customer loyalty programs, and integrations through an app marketplace.
FoodTechFuture of WorkMedia & EntertainmentRetail TechSaaS
Ahmad Al-Zaini(Founder)Musab Alothmani(Founder)Clare RaveninMahmoud YousefAhmad AlZaini(Founder)Ahmad AlZaini Mosab Alothmani(Founder)
Co-investors500 GlobalCedar Mundi VenturesJabbar Internet GroupPeak XV PartnersRAED VenturesSavour Ventures+7 more
Digital health and wellness platform helping users adopt healthier lifestyles and manage lifestyle diseases.
Tushar Vashisht(Founder)inMathew Cherian(Founder)Sachin Shenoy(Founder)in
Co-investorsAthera Venture PartnersChiratae VenturesHealthQuadNB VenturesSamsung NextSilver Lake Partners+8 more
ReachPay is a B2B payment integrations platform that consolidates multiple payment gateways and transaction management into a single dashboard for businesses.
Cloud ComputingData & InfrastructureEnterprise SoftwareFintechMedia & EntertainmentSaaS
Aiman AlqhtaniinHamza AbusittainRaghad AltobasiinTasneem Alasadiin
Co-investors500 GlobalSadu Capital
Syarah is an online marketplace for buying and selling used cars, operating in Saudi Arabia.
B2B MarketplacesConsumerE-commerceMarketplacesMobility & TransportationRiyadh, SA
Salah Sharef(Founder)in
Co-investorsCOTU VenturesPartners for GrowthRAED VenturesVision VenturesBECO CapitalImpact46
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Torod is a Saudi logistics platform that helps stores and companies manage shipping operations through a unified dashboard connecting them with local and international courier partners.
AI & Machine LearningE-commerceInsurTechIoTLogistics & Supply ChainSaaSRiyadh, SA
Faisal Almaklas(Founder)in
Co-investorsTechstarsHALA VenturesImpact46Wa'ed Ventures
Unifonic is an AI-native customer experience platform that unifies messaging, automation, contact center, and conversational AI to orchestrate customer interactions across channels like WhatsApp, SMS, and Voice.
AI & Machine LearningEnterprise SoftwareSaaSKhobar, SA
Ahmed(CEO & Co-founder)Hassan(Co-founder)Ahmed F. M. Hamdan(Founder)Hassan Hamdan(Founder)
Co-investorsSoftBank GroupRAED VenturesSoftBank Vision FundEndeavor CatalystSanabil InvestmentsSTV
Zid is an e-commerce platform that lets merchants build, manage, and grow online stores with integrated payments, global shipping, financing, and marketing tools, plus a POS system (Zid Cashier) for offline sales.
E-commerceRetail TechSaaS
Mazen AlDarrab(Founder)
Co-investorsArzan VCCapria VenturesCedar Mundi VenturesGlobal VenturesMSA NovoImpact46
Frequently asked questions
- How many investments has Elm made?
- Elm has 9 tracked investments, including 3 dated in the last 24 months.
- What stage does Elm invest at?
- Elm invests at the Seed, Series A, Series B stages.
- What sectors does Elm focus on?
- Elm focuses on AI & Machine Learning, E-commerce, SaaS.
- Where is Elm located?
- Elm is headquartered in Riyadh, SA.
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