Fundraising FoxWaad Investment
Venture capitalRiyadh · Seed–Series B · 3 people tracked
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Investment thesis
Waad Investment focuses on empowering the knowledge economy by backing high-growth technology startups across the MENA and GCC region, in line with Saudi Vision 2030. The firm invests at stages from Pre-Series A to Series B, concentrating on sectors including fintech, AI, proptech, and logistics. Beyond capital, Waad provides strategic guidance to founders to support regional expansion and sustainable growth, drawing on its expertise in venture capital and regional markets.
Source: firm website, verified Oct 1, 2026.
Team · 3 people
from the firm's websiteWhat they invest in
from 12 of 16 portfolio companiesFintech ×7PropTech ×5SaaS ×4Consumer ×2Enterprise Software ×2Future of Work ×2HR Tech ×2Marketplaces ×2
HQs:Saudi Arabia×8India×1Pakistan×1United States×1
Investments · 16 tracked
founders shown can be your intro pathBy year:2025 · 12024 · 12 dated
Awaed (عوائد) operates a Saudi investment app that lets retail users open investment accounts and trade global stocks commission-free, invest in mutual funds, and access Sharia-compliant Murabaha products from a single portfolio.
ConsumerFintechSaaS
COLABS provides Employer of Record (EOR) and HR services for managing remote teams in Pakistan, covering onboarding, payroll, attendance, leaves, and health insurance, alongside legal, accounting, and tax support.
Future of WorkHR TechPropTechSaaS
Co-investorsAmaana CapitalFatima Gobi VenturesGobi PartnersIndus Valley CapitalKinnow CapitalShorooq Partners+1 more
EdfaPay builds payment processing technology and solutions for businesses globally, offering secure and reliable payment systems to enable organizations of all sizes to operate in the digital economy.
Enterprise SoftwareFintechSaaSNew York, US
Ghormallah Alghamdi(Founder)Ghormallah Al-Ghamdi(Founder)Nedal Sabahi(Founder)Nedal Sabbah(Founder)Veysel Baydogan(Founder)
Co-investors500 GlobalNuwa Capital
Gathern is an online booking platform for short-term rental properties in Saudi Arabia, offering chalets, farms, campsites, villas, apartments, studios, and resort units across more than 180 cities.
MarketplacesPropTechTravel & Hospitality
Eman AlsuwaileminLatifah Altamimiin
Co-investors500 GlobalVision VenturesEndeavor CatalystNuwa CapitalSanabil InvestmentsSTV
Ghanem offers fractional real estate ownership and leasehold (usufruct) investment in income-generating properties, with ownership documented through official title deeds registered in the investor's name.
FintechPropTech
Hakbah is a fintech platform offering cooperative savings solutions for individuals in the Middle East, with a focus on financial inclusion and bridging the savings gender gap.
FintechRiyadh, SA
Naif AbuSaida(Founder)
Co-investorsCapria VenturesVentureSouqGlobal Ventures
Mnzil provides worker accommodation, meals, and transportation services along with workforce management for companies employing labor.
Future of WorkHR TechPropTechRiyadh, SA
Abdulmajeed AlBabtain(Founder)Abdulrahman AlShaya(Founder)Majeed Albabtain(Founder)
Co-investorsCOTU VenturesFounders Fund
Nino Foods operates three quick-service restaurant brands (Nino Burgers, Francesco's Pizzeria, and KHA) across 20+ locations in Mumbai and surrounding areas.
ConsumerE-commerceFoodTechRetail TechMH, IN
Nishant Jhaveri(Founder)inPranav Mehra(Founder)in
Co-investorsY Combinator2080 VentureseSeedFirst Check VenturesSpice CapitalCrystal Towers Capital+2 more
Nqoodlet is a Saudi Arabian fintech company providing expense management software and corporate cards for small and medium-sized businesses.
Fintech
Mohamed Milyani
Co-investors500 GlobalOqal
Safqah is a Shariah-compliant real estate crowdinvesting platform, licensed by Saudi Arabia's Capital Market Authority, that lets individuals invest in property development projects starting from 1,000 SAR.
Crypto & Web3FintechMarketplacesPropTech
Abdullah AlSubaie(Founder)in
Co-investors500 GlobalJoa CapitalShorooq Partners
Shaffra builds AI agents with voice technology, including text-to-speech with support for Gulf Arabic and Modern Standard Arabic, real-time speech recognition across English, Arabic, Hindi, Mandarin and Urdu, and browser-rendered avatars.
AI & Machine LearningDeep TechEnterprise Software
Tamra Capital is a Saudi investment firm licensed by the Capital Market Authority that offers an automated platform letting individuals invest in local and global Sharia-compliant index (ETF) funds.
FintechSaaS
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
BarqMacQueenMalaSilq
Portfolio news
latest coverage across their companiesCOLABS · trysignalbase.com · Apr 26, 2026
Ghanem · waya.media · Dec 11, 2025
Gathern · finsmes.com · Aug 26, 2025
Frequently asked questions
- How many investments has Waad Investment made?
- Waad Investment has 16 tracked investments, including 2 dated in the last 24 months.
- What stage does Waad Investment invest at?
- Waad Investment invests at the Seed, Series A, Series B stages.
- What sectors does Waad Investment focus on?
- Waad Investment focuses on AI & Machine Learning, Fintech, Logistics & Supply Chain, PropTech, SaaS.
- Where is Waad Investment located?
- Waad Investment is headquartered in Riyadh, SA.
- Who does Waad Investment co-invest with?
- Waad Investment most often shares deals with 500 Global, VentureSouq, Nuwa Capital, among 7 tracked co-investors.
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