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Impact46

Venture capital

Riyadh · Seed–Growth · 5 people tracked

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Investment thesis

Impact46 invests in Saudi Arabian and wider regional technology-driven startups from early through growth stages, deploying capital through both sector-focused and diversified funds. Beyond capital, the firm supports portfolio companies with strategic value creation and governance. It has backed companies through landmark IPOs including Jahez and Rasan, and operates a credit advisory practice acting as lead arranger and financial advisor on sukuk programs. The firm has also launched a dedicated gaming-industry fund, reflecting thematic interest in fintech, gaming, and other technology verticals across the Saudi market.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Growth
Check
$500K – $10M
HQ
Riyadh, SA
Leads rounds
Leads
Instruments
Equity · Debt
Founded
1984
Last 12 months
1 investment
Tracked investments
59

Team · 5 people

from curated & public directories

What they invest in

from 49 of 59 portfolio companies

SaaS ×20Consumer ×15Fintech ×14Marketplaces ×11AI & Machine Learning ×10E-commerce ×10Enterprise Software ×9Gaming ×7

HQs:Saudi Arabia×32United States×7United Arab Emirates×2Egypt×2Lithuania×1

Investments · 59 tracked

founders shown can be your intro path

By year:2026 · 12025 · 62023 · 12022 · 32020 · 42019 · 116 dated

Almataralmatar.comin𝕏

Al Matar is a Saudi Arabian travel and tourism platform offering booking services for flights, hotels, and vacation packages across multiple destinations and airline carriers.

ConsumerMarketplacesTravel & HospitalitySaudi Arabia, SA

Ashpoweredbyash.comin

Ash provides an end-to-end platform for at-home and in-person health testing, connecting organizations to a network of CLIA-/CAP-certified labs and licensed providers through a single integration.

Digital HealthHealthtechInsurTechMedical DevicesSaaSWellness & FitnessSilicon Valley, US

David Stein(Chief Executive Officer)inKyle Waters(Chief Product Officer)inMio AkasakoinNicolas SempereMatt Benton(Chief Financial Officer)inKiel Dowlin(Director)

Co-investors500 GlobalDorm RoomGeneral PartnershipMerck Global Health Innovation FundMerus CapitalMSD Global Health Innovation Fund+3 more

Aumetaumet.comin𝕏

Aumet builds an AI-driven procurement and ERP platform for the pharmaceutical supply chain, connecting pharmacies, drug manufacturers, distributors, hospitals, and health ministries with tools for sourcing, pricing, and inventory visibility.

AI & Machine LearningB2B MarketplacesHealthtechSaaSAmman, US

Ashraf SamhouriMohamed BatterjiTariq KhaderinYahya Aqel(Founder & CEO)Shahed Jaber(Founder)inAdel Haddadin

Co-investors500 GlobalShorooq PartnersTechstarsRSCMAsia Africa Investment & Consulting (AAIC)Emkan Capital+4 more

Bonatbonat.ioin𝕏

Bonat develops a customizable customer engagement and loyalty management system for enterprises.

Enterprise SoftwareMarketing TechRetail TechSaaS

Bondaibondai.ioin

Impact & Social GoodTravel & Hospitality

Saria Alderhali(Founder)in

Co-investors500 GlobalHALA Ventures

Cashincashin.sain𝕏Feb 2026 · $16M

CASHIN provides payment terminals, POS systems, and e-invoicing solutions, with a focus on automation for fuel and energy stations using a "Tank to Bank" approach and AI-powered dashboards.

EnergyFintechRetail TechSaaS

Omar AlRammah(CEO)inAbdulkarim Zrik(CTO)inObay AlMadi(CBO)in

Cipher.Comcipher.com.sain𝕏

Cipher is a cybersecurity firm providing cyber threat intelligence and brand protection services to help organizations defend against digital threats and safeguard their intellectual property and online reputation.

CybersecurityRiyadh, SA

H.E.E Mohamed Al-Jasser(Chairman)Eng. Rakan Al-Alfayzi(Vice Chairman)Eng. Thamer Al-Dhafiri(Managing Director and CEO)

Cloud Shelfcloud-shelf.comin𝕏

Cloud Shelf is a logistics technology company providing delivery and fulfillment solutions for e-commerce businesses, enabling them to expand geographic coverage and offer faster order fulfillment.

E-commerceLogistics & Supply ChainRetail Tech

Cognnacognna.comin𝕏

COGNNA provides an Agentic AI Security Operations Center platform that detects and responds to security threats in real-time through automated response capabilities.

AI & Machine LearningCybersecurityEnterprise SoftwareSaaS

Co-investorsVision Ventures

DataLexingdatalexing.comin𝕏Nov 2022 · $3M

DataLexing is a Saudi-built work operating system powered by AI that serves as a unified command center for organizations, emphasizing data sovereignty and compliance with national regulations.

AI & Machine LearningData & InfrastructureEnterprise SoftwareFuture of WorkSaaSRiyadh, SA

Rayan AlFaheid(Co-founder and CEO)inAbdulelah Alganas(Co-founder and CTO)in

Co-investorsSadu Capital

Dawuldawul.netin𝕏

Misan is a Saudi fintech company operating the first social trading platform in Saudi Arabia, regulated by the Capital Market Authority.

ConsumerFintechSaaSRiyadh, SA

Mansour Al-Harbi(Chairman of the Board)Mishaal Al-Haqbani(Board Member)Khaled Al-Hazim(Board Member)

Co-investorsRAED Ventures

elmenuselmenus.comin𝕏

elmenus is an Egypt-based food discovery and online ordering platform that helps people decide what to eat by combining social, visual, and personalized recommendations.

ConsumerFoodTechMarketplaces

Co-investorsFJ LabsFlucas VenturesKube VCSprint Vc83NorthAlgebra Ventures

Fahyfahy.ggin𝕏

A game studio developing hybrid casual mobile games, with in-house game design, art, and development, and plans to expand into game publishing.

Gaming

Flowardfloward.cominFeb 2023 · $156M

Floward is a Saudi Arabia-based company that operates an online flower and gift delivery service.

ConsumerE-commerce

Abdulaziz Al Loughaniin

Co-investors500 GlobalAljazira CapitalFaith CapitalSTV

Halahala.comin𝕏

Hala is a Saudi fintech platform that provides small and medium-sized businesses with digital tools to accept payments, manage cash flow, and track sales performance.

Enterprise SoftwareFintechRetail TechSaaS

عصام النهدي(شريك مؤسس ورئيس مجلس الإدارة)ماهر لوبيه(شريك مؤسس وعضو مجلس الإدارة)

Co-investorsArzan VCKhwarizmi VenturesMiddle East Venture Partners (MEVP)RAED VenturesWamda CapitalAll In Capital+7 more

Holotryholo.aiin

Holo is a marketing tool platform designed to make campaign creation intuitive and accessible for growing brands and teams.

AI & Machine LearningCreator EconomyMarketing TechSaaSVilnius, LT

Alexander Urbanavičius(Founder)in

Co-investorsFirstpickLeonis CapitalRua Growth Fund

Holoholo.aein𝕏Oct 2019

Holo is a property-buying platform in the United Arab Emirates that helps home buyers arrange mortgages and find properties in one place.

FintechMarketplacesPropTechOakland, US

Arian Aghababaie(Executive Officer, Director, Promoter)Arran Summerhill(Founder)inMichael Hunter(Founder)inHal Zarem(Executive Officer, Director)

BoardPeter Nieh(Director)inMark Cupta(Director)in

Co-investorsLightspeed Venture PartnersOryx FundSalica InvestmentsWamda CapitalDubai Future District FundPrelude Ventures+1 more

Holo Venture Investmentsuseholo.comin𝕏

Holo operates a property buying platform in the United Arab Emirates that combines finance, property, and technology in one place to help people buy property and make property decisions.

FintechMarketplacesPropTech

MichaelArran

Co-investorsAnnex InvestmentsOIG Capital (Oracles Investment Group)Plus VCWamda CapitalFirstpick

Homzmarthomzmart.comin𝕏Aug 2022 · $23M

Homzmart is an online marketplace for home furniture and furnishings, selling sofas, dining sets, bedroom furniture, kids' furniture, home appliances, lighting, and decor to consumers in Egypt.

ConsumerE-commerceMarketplacesPropTech

Mahmud IbrahimMahmoud Ibrahim(Founder)inRamy E. Husseinin

Co-investors500 GlobalEQ2 VenturesMSA NovoNuwa CapitalOutliers VCMSA Capital+3 more

Hypemastershypemasters.cominMay 2020 · $1M

Hypemasters is a game development studio that builds free-to-play strategy games, including World War Armies (WWA), for global players across PC and mobile.

GamingDover, US

Boris Kalmykov(Co-founder & CEO)inEkaterina Bazhanova(Co-founder & Strategy Director)

Co-investorsThe Games FundGEM CapitalLudus

Jahezjahezgroup.comin𝕏Jun 2020

Jahez Group is a Saudi-based lifestyle and technology company that started as a food delivery service and expanded into Q-commerce, dining, fashion, sports, entertainment, logistics, and merchant solutions through a group of subsidiaries and apps.

ConsumerE-commerceFoodTechLogistics & Supply ChainMarketplacesSaudi Arabia, SA

Lendolendo.sain𝕏

Lendo is a Saudi fintech company operating a Sharia-compliant debt crowdfunding platform that connects small and medium-sized enterprises seeking financing with investors looking for returns.

B2B MarketplacesConsumerFintech

Osama AlRaee(Founder)inMohamed Jawabri(Founder)inKhalid Alkenaa

Co-investors500 GlobalAB Ventures (Arab Bank)Shorooq Partners

Lucidyalucidya.comin𝕏Jul 2025 · $30M

Lucidya provides an AI-powered customer experience platform that monitors brand mentions, competitors, and keywords across channels, builds unified customer profiles by linking behavior, history, and sentiment, and consolidates DMs, emails, and comments into a single inbox.

AI & Machine LearningData & InfrastructureMarketing TechSaaS

Abdullah Asiri(Founder)inZuhair khayyat(Founder)in

Co-investors500 GlobalSpark Labs Saudi Arabia FundVentureSouqRua Growth FundWa'ed Ventures

Malaamalaa.techin𝕏

A financial management platform that consolidates bank accounts and tracks expenses using intelligent transaction categorization and open banking integration.

ConsumerFintechSaaS

Faisal Alqarni(Founder)inAli Alorainyin

Co-investorsKhwarizmi VenturesVentureSouqDerayah Financial

Nananana.co

An Italian-language online publication that produces articles across news, sports, lifestyle, and entertainment categories for general readers.

Media & Entertainment

Co-investorsWamda CapitalCanary VenturesMAYA CapitalSTV

Playabl.aiplayabl.aiin𝕏

Playabl.ai is a platform where users can create, publish, and monetize games that other users can play and share, similar to a social network for game creation.

AI & Machine LearningConsumerGamingSan Francisco, US

Hamza Al-Ali(Founder & CEO)inOmar Jarrah(Founder)inSanad Kiswani(Founder)in

Co-investors500 GlobalY CombinatorAB Ventures (Arab Bank)RTP GlobalStart Equity VenturesTransform Capital Management

Playheraplayhera.comin

Playhera is a game publisher for the MENA region that localizes, publishes, and scales games from international studios, adapting art, narrative, and mechanics for Arabic audiences and running creator-led live events.

GamingMedia & Entertainment

Rasanrasan.coin𝕏

Rasan is a holding company for fintech and insurtech businesses in Saudi Arabia, controlling Tameeni (insurance) and Treza (car leasing).

FintechInsurTechSaaSSaudi Arabia, SA

Raseedinvestraseedinvest.comin𝕏

Raseed is an investment app that gives retail traders in the Gulf/GCC region access to over 14,000 US stocks and ETFs, with fractional shares from $1, instant funding, and card withdrawals.

Fintech

Rekazrekaz.ioin𝕏

Rekaz is a Saudi SaaS company providing an integrated system for building professional websites and managing customers, bookings, and subscriptions through an easy-to-use CRM.

Enterprise SoftwareFintechRetail TechSaaSRiyadh, SA

Abdulrahman Al-Omran(Co-founder & CEO)Abdulaziz Al-Kharashi(Co-founder & CTO)

Co-investorsShorooq PartnersCOTU Ventures

Sadqsadq-sa.cominSep 2025

Sadq is an electronic signature and certification platform based in Saudi Arabia that lets users sign contracts and documents with legal validity, using Nafath for identity verification.

Enterprise SoftwareLegalTechSaaS

Salem Albadawi(Founder)inAbdullah Allahuo, Ph.D.(Founder)in

Co-investors500 GlobalSanabil 500

Sanad Cashsanadcash.com

Sanadcash is a Saudi Arabian company that builds a spending management platform combining expense tracking with corporate card issuing.

FintechSaaS

Mahmoud IswaidShorhabel GhoneimTareq Alawawdeh

Co-investors500 Global

Sanarsanar.saFeb 2020

Salvador, Bahia

Ubiraci das Merces Ferreira(Executive Officer, Director)Mauricio Cerqueira Lima e Lima(Director)Gilberto Ribeiro de Oliveira Filho(Director)Luiz Henrique Fernandes Rosa Noronha(Director)

Shttleshttle.comin𝕏

Shuttle (شتل) operates a network of smart lockers across Saudi Arabia, letting merchants and e-commerce stores drop off orders that are transferred to a locker near the customer for self-pickup or partner home delivery.

E-commerceHardwareLogistics & Supply Chain

Speerospeero.netin𝕏Mar 2020

Speero is a platform that enables users to request pricing for spare parts, receive multiple quotes, communicate with specialists, and have parts delivered throughout Saudi Arabia.

B2B MarketplacesConsumerE-commerceMarketplacesMobility & TransportationSaaSRiyadh, SA

Abadullh Bin ShamlanAbdulaziz AlAshraminAmeen MahfouzAmin Mahfouzin

Co-investors500 GlobalEQ2 VenturesNuwa CapitalJIMCO

Spekter Gamesspekter.games𝕏Jun 2025 · $5M

Spekter Games develops and publishes Web2 games with passive Web3 reward layers on chat-based super apps such as Telegram and LINE, targeting mainstream gamers.

ConsumerCrypto & Web3Gaming

TK(Founder)

Co-investorsAlumni VenturesChamaeleonA16Z SpeedrunAccelerator VenturesBRV Capital ManagementLondon Venture Partners

Spoilzspoilzgames.comin𝕏Aug 2025

Spoilz Games is a Saudi gaming studio that develops games and works on AI tools for 3D content production.

AI & Machine LearningGaming

Co-investorsMerak Capital

Starvaniastarvania.comin𝕏Aug 2025

Starvania is an indie game development studio creating fantasy-themed video games, including "Bahamut and the Waqwaq Tree," a 2D adventure game inspired by Arabian and Middle Eastern mythology.

GamingMedia & EntertainmentRiyadh, SA

Meaad Aflah(Co-founder & CEO)inMuslih Alzahrani(Co-founder & Creative Director)in

Co-investorsMerak Capital

Studiotrystudio.aiin𝕏

Studio builds simulated "societies" that model consumer cohorts of a market and runs a company's proposed decisions—such as price changes, product placements, or promotions—through them to forecast outcomes before launch.

AI & Machine LearningData & InfrastructureEnterprise SoftwareMarketing TechSan Francisco, US

Cameron Malloy(Founder)inNikita Mullangi(Founder)in

Co-investorsPioneerVela PartnersY Combinator75 & SunnyAcephale VenturesFloodgate+2 more

Syarahsyarah.comin𝕏

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 GrowthPartners for Growth (PFG)RAED VenturesVision VenturesBECO Capital+1 more

Tamaratamara.coin𝕏

Tamara offers a buy-now-pay-later payment service that lets shoppers split purchases and pay via monthly statements, and provides a premium membership called Tamara Smart with cashback and fee benefits.

ConsumerE-commerceFintechRetail TechRiyadh, SA

Turki Bin Zarah(Founder)in

Co-investorsCoatue ManagementKhwarizmi VenturesShorooq PartnersTech Invest ComVision VenturesApollo+4 more

Tameenitameeni.com𝕏

Tameeni is an online insurance marketplace in Saudi Arabia that lets users compare quotes from multiple insurance companies and instantly issue policies.

FintechInsurTechMarketplaces

Tamweel Aloulatamweel-aloula.comin𝕏

Tamweel Aloula is a licensed finance company in Saudi Arabia offering digital financing solutions to consumers without requiring a guarantor or branch visit.

Fintech

Telganitelgani.comin𝕏

Telgani is a car rental booking platform that lets users rent cars daily, weekly, or via monthly and yearly subscriptions, with delivery to the customer's location and airport pickup options.

MarketplacesMobility & TransportationTravel & Hospitality

Abdulkader MkinzyAli Alfehaid

Co-investors500 Global

Thechefzthechefz.co𝕏

The Chefz is a food delivery platform that connects customers with restaurants for ordering meals online.

ConsumerFoodTechMarketplaces

Co-investorsVision Ventures

Torodtorod.coin𝕏Feb 2025 · $11.3M

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-investorsTechstarsElmHALA VenturesWa'ed Ventures

Trukkintrukkin.comin

Cloud-based logistics platform connecting shippers, transporters, brokers and drivers through a single integrated interface.

Dubai, AE

Janardan Dalmia(Founder)in

Co-investorsEmkan Capital

Vuzvuz.comin𝕏

VUZ operates an immersive video streaming platform offering 360-degree and virtual reality access to live events, sports, entertainment, celebrities, and masterclasses.

ConsumerMedia & EntertainmentLos Angeles, US

Khaled Zaatarah(Founder)in

Co-investors500 GlobalCaruso VenturesOraseya CapitalShorooq PartnersDubai Future District FundFaith Capital

Zenhrzenhr.comin𝕏

ZenHR is a cloud-based HR platform designed for organizations throughout the Middle East and North Africa, providing localized payroll, compliance, and employee lifecycle management.

AI & Machine LearningEnterprise SoftwareHR TechSaaS

Omar AsfourinYousef Shamoun(Cofounder - CEO)in

Co-investors500 GlobalDASH VenturesPropeller Inc.

Zidzid.sain𝕏Oct 2022 · $50M

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

Co-investorsArzan VCCapria VenturesCedar Mundi VenturesGlobal VenturesMSA NovoElm

ميريتmeritincentives.comin𝕏

Merit provides loyalty management, rewards, and employee engagement platforms that help businesses retain customers and motivate employees through customizable points programs, gift card solutions, and redemption systems.

Enterprise SoftwareHR TechMarketing TechSaaS

Co-investorsArzan VCCedar Mundi VenturesOryx FundSalica InvestmentsTech Invest Com

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Bidaya FinanceiOudNejreePostpayRaqamyahRaya FinancingSpadesappTaffi

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Impact46 made?
Impact46 has 59 tracked investments, including 7 dated in the last 24 months.
What stage does Impact46 invest at?
Impact46 invests at the Seed, Series A, Series B, Growth stages.
What is Impact46's typical check size?
Impact46 typically writes checks of $500K – $10M.
What sectors does Impact46 focus on?
Impact46 focuses on AI & Machine Learning, E-commerce, Energy, Fintech, Gaming.
Where is Impact46 located?
Impact46 is headquartered in Riyadh, SA.
Does Impact46 lead rounds?
Yes, Impact46 leads investment rounds.

Media · Podcasts & interviews

from their channel

Strategies and Challenges Navigating an IPO for Tech Startups in Saudi Arabia | 24Fintech

Impact46

مشاركة الشريك عبدالعزيز العمران في تلفزيون دبي عن قطاع E-groceries & On-Demand.

Impact46

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