Khwarizmi Ventures
Venture capitalRiyadh · Pre-Seed–Series A · 13 people tracked
Investment thesis
Khwarizmi Ventures positions itself as a partner of choice for entrepreneurs seeking to become regional and global champions. The firm invests across the GCC region, backing companies from the seed to Series A stages on a sector-agnostic basis. It emphasizes the lasting impact of its portfolio, citing outcomes such as thousands of full-time jobs created and hundreds of thousands of users benefiting from improved financial health and healthier lifestyles.
Source: firm website, verified Aug 3, 2026.
Team · 13 people
from the firm's websiteFounder mafia
3 people who came through Khwarizmi Ventures went on to found or lead other companies.
+ 1 more
What they invest in
from 29 of 34 portfolio companiesFintech ×16SaaS ×11Consumer ×8Retail Tech ×7E-commerce ×5Enterprise Software ×5B2B Marketplaces ×4Direct to Consumer ×4
HQs:Saudi Arabia×15United Arab Emirates×5Egypt×3Bahrain×1Morocco×1Pakistan×1
Who they back
founder profiles across 9 portfolio companiesFounding team size:solo founder×32 founders×53 founders×1
Where their founders worked beforefrom 10 founders with career history
PwC ×3
Accelerator rootsportfolio companies that came through a program
Investments · 34 tracked
founders shown can be your intro pathBy year:2025 · 12011 · 12 dated
Aya is an e-commerce platform that sells abayas and related modest fashion items for women, primarily serving customers in the Middle East.
ConsumerDirect to ConsumerE-commerceMarketplacesRiyadh, SA
Co-investorsJoa Capital
Bluworks provides HR and workforce operations software designed for businesses with dynamic, shift-based work across multiple locations.
Enterprise SoftwareFuture of WorkHR TechSaaSCairo, EG
HusseinFarah
Co-investorsA15Acasia VenturesCairo Angels Syndicate FundEnza CapitalBeltone Venture CapitalCamel Ventures
Aajil purchases the materials a business needs and pays the supplier directly, then lets the business repay over a flexible term of two to twelve months.
Fintech
Co-investorsJoa Capital
Calo is a meal subscription service that delivers fresh, ready-to-eat meals personalized to customers' dietary goals, designed by nutritionists and prepared by chefs with daily delivery and menu customization via an app.
ConsumerDirect to ConsumerFoodTechMedia & Entertainment
Ahmed Al RawiMahmood Shehabi
Co-investors500 GlobalNuwa CapitalVision VenturesNama VenturesSTV
Chari is a mobile financial services app for Moroccan users that combines digital wallet, Visa card, money transfers, bill payments, phone top-ups, and cash deposit/withdrawal services.
FintechCasablanca, MA
Co-investorsP1 VenturesVKAV (Verod-Kepple Africa Ventures)
Dastgyr operates a B2B marketplace connecting retailers, wholesalers, exporters, and suppliers to trade products and access capital.
B2B MarketplacesE-commerceFintechRetail TechKarachi, PK
Muhammad Owais Qureshi(Founder)inZohaib Ali(Founder)in
Co-investorsADB VenturesCedar Mundi VenturesCentury Oak VenturesIndus Valley CapitalKube VCOrbit Startups+3 more
erad supplies capital to startups across the Middle East without requiring equity stakes, offering funding decisions based on business data integrations within two days.
FintechRiyadh, SA
Salem Abu-Hammour(Founder)inYoussef Said(Founder)inFaris Yaghmour(Founder)in
Co-investors500 GlobalFlucas VenturesJoa CapitalKube VCNuwa CapitalSprint Vc+5 more
Eyewa is an online eyewear retailer selling contact lenses, sunglasses, and glasses, with a click-and-collect option across 260+ stores.
ConsumerDirect to ConsumerE-commerceRetail Tech
Mehdi Oudghiri(Founder)inAnass Boumediene
Co-investors500 GlobalEQ2 VenturesGeneral AtlanticNuwa CapitalWamda Capital
The page is an affiliate-style review of "Pin Up Casino," an offshore online gambling platform offering casino games, live dealer tables, crash titles like Aviator, and sports betting, targeted at Indian players.
Co-investorsCedar Mundi VenturesSawari VenturesArzan VCEgypt Ventures
Hala is a financial technology platform offering a business account that provides instant settlement of sales, payment acceptance and sending, expense control, and financing.
FintechSaaS
Co-investorsMiddle East Venture Partners (MEVP)RAED VenturesWamda CapitalAll In CapitalImpact46Recur Club
Riyadh, SA
Omar Salah(Founder)
Co-investorsAccionQuona CapitalShorooq PartnersAlgebra Ventures
Lean is a payments and financial data platform that enables businesses in the MENA region to process payments, verify identities, and access customer financial data through a fully regulated, API-first infrastructure.
Cloud ComputingFintechSaaSDubai, AE
Hisham Al-Falih(Founder & CEO)
Co-investors500 GlobalArbor VenturesBreyer CapitalFatima Gobi VenturesGeneral CatalystGobi Partners+7 more
A financial management platform that consolidates bank accounts and tracks expenses using intelligent transaction categorization and open banking integration.
ConsumerFintechSaaS
Co-investorsVentureSouqDerayah FinancialImpact46
Maqsam provides a cloud-based contact center platform for small and medium businesses, enabling customer communication through voice and WhatsApp channels with features like IVR, call recording, and real-time analytics.
AI & Machine LearningCloud ComputingEnterprise SoftwareSaaSSales Tech
Co-investorsVentureSouqIbtikar FundPropeller Inc.
Melltoo operates a blockchain-based platform for halal takaful, a cooperative insurance model structured to comply with Islamic finance principles.
Crypto & Web3FintechInsurTech
Morad IrsaneSharene Lee
Co-investors500 GlobalRAED VenturesShorooq Partners
Own (عون) provides online calculators for real estate and personal financing in Saudi Arabia, helping users compare banks and find suitable financing rates.
FintechPropTech
Co-investorsShorooq Partners
Pylon provides a comprehensive infrastructure management platform for water and electricity utilities that enables smart metering, reduces energy and water waste, and facilitates meter-agnostic interoperability.
Data & InfrastructureEnergyEnterprise SoftwareIoTSaaSCairo, EG
Ahmed Ashour(Founder)inOmar Radi(Founder)in
Co-investorsLoftyInc CapitalY CombinatorNeer Venture PartnersBoxGroupCathexis VenturesEndure Capital+2 more
Qawafel is a Saudi B2B platform that connects suppliers, manufacturers, and wholesale and retail traders in a single system for buying and selling, with tools for order management, ZATCA-compliant e-invoicing, shipping, product catalog management, and analytics.
B2B MarketplacesFintechRetail Tech
RemotePass provides a platform for remote professionals to receive payments in 90+ currencies, manage expenses, generate automated invoices, and access benefits like health insurance and tax management.
FintechFuture of WorkHR TechSaaS
Kamal Reggad(Founder)in
Co-investorsA15COTU VenturesEBRD Venture Capital Investment ProgrammeFlyer One VenturesWamda Capital500 Global+1 more
Rewaa is a Saudi retail management platform that combines point-of-sale, inventory, and accounting tools for merchants, restaurants, and service providers.
FintechRetail TechSaaS
Co-investorsVision Ventures
Xare offers a mobile app that lets users create and share virtual cards funded by their existing credit or debit card, so recipients can spend without needing a bank account or the card owner's details.
ConsumerFintech
Co-investorsMS&AD Ventures
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 ManagementShorooq PartnersTech Invest ComVision VenturesApolloGoldman Sachs+2 more
TruKKer is an AI-powered freight platform that connects shippers with verified carriers for domestic and cross-border trucking, offering guaranteed truck availability, real-time shipment tracking, and faster carrier payouts.
AI & Machine LearningB2B MarketplacesLogistics & Supply Chain
Co-investorsSTV
Sifi is a comprehensive financial management platform designed to simplify business expense management for Saudi Arabian companies, offering features such as spending controls, real-time transaction monitoring, vendor payments automation, and a rewards program that generates cashback on corporate expenditures.
Enterprise SoftwareFintechSaaS
Co-investorsBreyer CapitalTech Invest ComQED InvestorsRAED VenturesRua Growth FundSanabil Investments+1 more
Portfolio news
latest coverage across their companies
Melltoo · fwdstart.me · Aug 21, 2026

Tamara · tech.eu · Aug 19, 2026
Pylon · natlawreview.com · Jul 15, 2026
ساي فاي · trysignalbase.com · Jun 23, 2026
Hala · marcamoney.com · Jan 20, 2026
Maqsam · middleeastainews.com · Jan 7, 2026
Bluworks · techinafrica.com · Dec 12, 2025
erad · ffnews.com · Nov 27, 2025
Frequently asked questions
- How many investments has Khwarizmi Ventures made?
- Khwarizmi Ventures has 33 tracked investments, including 1 dated in the last 24 months.
- What stage does Khwarizmi Ventures invest at?
- Khwarizmi Ventures invests at the Pre-Seed, Seed, Series A stages.
- What is Khwarizmi Ventures's typical check size?
- Khwarizmi Ventures typically writes checks of $1M – $37M.
- What sectors does Khwarizmi Ventures focus on?
- Khwarizmi Ventures focuses on E-commerce, Fintech, SaaS, Sector Agnostic.
- Where is Khwarizmi Ventures located?
- Khwarizmi Ventures is headquartered in Riyadh, SA.
- Does Khwarizmi Ventures lead rounds?
- Khwarizmi Ventures typically participates in rounds rather than leading them.
- Who does Khwarizmi Ventures co-invest with?
- Khwarizmi Ventures most often shares deals with 500 Global, Nuwa Capital, Shorooq Partners, among 55 tracked co-investors.
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