/Investor DB

Rua Growth Fund

Venture capital

Seed–Series B · 1 people tracked

Also known as iMENA Group, Rua Growth Fund

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Investment thesis

Based in Riyadh, Rua is a VC fund dedicated to investing in visionary founders driving technological innovation in Saudi Arabia and the MENA region. Leveraging our strategic partnerships with OBIC and iMENA, we provide not only capital but also strategic guidance and industry expertise to help startups scale and succeed. With a deep understanding of the local market and a commitment to fostering innovation, Rua is at the forefront of the tech revolution in the MENA region. We are dedicated to building a vibrant ecosystem where founders can thrive and create a lasting impact.

Stage
Seed–Series B
Instruments
Equity
Founded
2020
Last 12 months
1 investment
Tracked investments
5
Acquisitions
1

Team · 1 people

from curated

What they invest in

from 5 of 5 portfolio companies

Fintech ×3SaaS ×3AI & Machine Learning ×2Marketing Tech ×2Creator Economy ×1Crypto & Web3 ×1Data & Infrastructure ×1Enterprise Software ×1

HQs:Saudi Arabia×2Bahrain×1Lithuania×1United States×1

Investments · 5 tracked

founders shown can be your intro path

By year:2026 · 12025 · 12021 · 12019 · 14 dated

CoinMENAcoinmena.comin𝕏Nov 2021Acquired

CoinMENA is a licensed digital asset exchange platform where users can buy, sell, send, receive, and store cryptocurrencies as well as deposit and withdraw in local currency.

Crypto & Web3FintechManama, BH

Dina Sam'an(Co-Founder)inTalal Tabbaa‏(Co-Founder)inYazan Barghuthi(Co-Founder)

Co-investorsAMK Investment OfficeCircle VenturesYolo InvestmentsAlameda ResearchArab Bank (Switzerland)BECO Capital+3 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 CapitalImpact46

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 FundImpact46+1 more

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 TechSaaSJeddah, SA

Abdullah Asiri(CEO & Founder)inZuhair khayyat(CTO & Co-founder)in

Co-investors500 GlobalSpark Labs Saudi Arabia FundVentureSouqImpact46Wa'ed Ventures

ساي فايsifi.appin𝕏Feb 2026 · $20M

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 SoftwareFintechSaaSالرياض, SA

Boardمعالي الأستاذ/ أحمد بن عبدالعزيز الحقباني(الرئيس التنفيذي ونائب رئيس مجلس الإدارة)

Co-investorsBreyer CapitalKhwarizmi VenturesQED InvestorsTech Invest ComRAED VenturesSanabil Investments+1 more

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Rua Growth Fund made?
Rua Growth Fund has 5 tracked investments, 1 of which have exited, including 2 dated in the last 24 months.
What stage does Rua Growth Fund invest at?
Rua Growth Fund invests at the Seed, Series A, Series B stages.
What sectors does Rua Growth Fund focus on?
Rua Growth Fund focuses on Crypto & Web3, Fintech, SaaS, Sector Agnostic.

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