About Raed Ventures
Raed Ventures is a venture capital firm founded in 2015. It is primarily based out of Riyadh, Saudi Arabia. As of May 2026, Raed Ventures is an active investor, having invested in 58 companies, with 5 new investments in the last 12 months. It primarily invests in Series A round in Saudi Arabia based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and Retail. Most recently it participated in the $***** Series A round of Stitch Overall, Raed Ventures portfolio has seen 1 unicorn, 1 IPO and 3 acquisitions including key companies like Tabby, Swvl and Tweeq. A lot of funds co-invest with Raed Ventures, with names like Wamda Capital sharing a substantial percentage of its portfolio. Raed Ventures has team of 21 people including 4 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 3 more
Portfolio IPOs
Portfolio Unicorns
Portfolio Soonicorns
Raed Ventures' List of Top Investments
Raed Ventures has a portfolio of 58 companies, one of which is a Unicorn. Their most notable investments are in Tweeq and Wafeq.Their portfolio spans across Saudi Arabia, United Arab Emirates, Egypt and 5 more locations. They have invested in Enterprise Applications, Consumer, Retail and 23 other sectors, across stages such as Seed, Series A and 3 more. Here is the list of top investments by Raed Ventures:1. Tabby
Provider of purchase financing solutions for businesses. The platform enables users to purchase from multiple online stores and allows to repay the amount in equal installments. It offers a credit card offering buy now pay later loans with installment-based repayment options. It allows users to split purchases into four interest-free payments, both online and in-store. The platform also offers shopping assistant that lets users discover and track products, brands and deals in the application.
Key facts about Tabby
- Founded Year: 2019
- Location: Riyadh (Saudi Arabia)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $604M
- Employee Count: 4,339 as on Apr 30, 2026
- Investors: Wellington, Mubadala and 28 Others
- Latest Funding Round: Series E, Feb 12, 2025, $*****
- Highlight: Editors' Pick
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2. Swvl
App-based platform for shuttle services. It offers a platform where users can book buses and vans which can be shared by users going the same routes. It offers features like real-time tracking, variant payment options, etc. It also extends its services for businesses. The mobile app is available for iOS and Android devices.
Key facts about Swvl
3. FreshToHome
Online retailer of fresh fish, poultry, mutton, and ready-to-cook items. The business provides various cuts of chicken, fish, and goat meat. Ready-to-cook products such as samosas, cutlets, sausages, and curries are available. The retailer also provides combo packs, steaks, fillets, Indian breads, and dairy products.
Key facts about FreshToHome
- Founded Year: 2015
- Location: Bengaluru (India)
- Annual Revenue: ₹430Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $320M
- Employee Count: 302 as on May 31, 2025
- Investors: Amazon, TLV Partners and 97 Others
- Latest Funding Round: Venture Debt, Jan 02, 2026, $*****
- Highlight: Editors' Pick
4. Hala
Halalah is an app-based wallet for consumers and business payments. It features a mobile payment platform for consumers & businesses to offer services such as deposit accounts, online/offline payment, money transfers, mobile recharge, and more. It also offers a marketplace to users for purchasing vouchers and digital products. It can be accessed through the app that is available on iOS and Android devices.
Key facts about Hala
- Founded Year: 2018
- Location: Riyadh (Saudi Arabia)
- Stage: Series B
- Total Funding till date: $168M
- Employee Count: 713 as on Apr 30, 2026
- Investors: Mubadala, Endeavor and 20 Others
- Latest Funding Round: Series B, Sep 15, 2025, $*****
- Highlight: Editors' Pick
5. Lean
Provider of open banking platform for financial data and payments. It offers account connections, data aggregation, and identity verification. The platform enriches financial data with insights and facilitates integrated payments. It provides solutions for KYC, AML, credit risk scoring, and finance management. The platform also supports account top-ups, invoicing, e-commerce payments, refunds, and loan disbursement.
Key facts about Lean
- Founded Year: 2019
- Location: Riyadh (Saudi Arabia)
- Stage: Series B
- Total Funding till date: $104M
- Employee Count: 154 as on Apr 30, 2026
- Investors: Global Founders Capital, HOF Capital and 26 Others
- Latest Funding Round: Series B, Mar 11, 2025, $*****
- Highlight: Editors' Pick
Raed Ventures' Year-on-Year Investment Trends
Raed Ventures has invested in 58 companies over the last 10 years, with an average of 5 new investments annually in the last 10 years. In 2025, it made 12 investments, while as of May 2026, it has made 4 investments in this year. Its most recent first time investment was in Stitch and most recent follow-on round was in Aya.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 2 | 4 |
2025 | 9 | 3 | 12 |
2024 | 3 | 2 | 5 |
2023 | 2 | 2 | 4 |
2022 | 6 | 2 | 8 |
2021 | 10 | 7 | 17 |
2020 | 4 | 3 | 7 |
2019 | 3 | 1 | 4 |
2018 | 6 | 3 | 9 |
2017 | 6 | 0 | 6 |
Raed Ventures' Investments by Stage
Raed Ventures has made 31 investments in Seed stage with an average round size of $5.88M, 18 investments in Series A stage with an average round size of $13.2M, 3 investments in Series B stage with an average round size of $68.4M, 1 investment in Series C stage with an average round size of $121M and 1 investment in Series D stage with an average round size of $110M.Stage of entry | No. of Investments |
|---|---|
Seed | 31 |
Series A | 18 |
Series B | 3 |
Series C | 1 |
Series D | 1 |
Note: We have considered here, only first round of investments
Raed Ventures' Investments by Sector
Raed Ventures has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, FinTech, Retail and Food and Agriculture Tech. Notably, it has invested in 53 Tech companies, 35 Enterprise (B2B) companies, 35 Software companies and at least 26 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Consumer | 21 |
Enterprise Applications | 19 |
FinTech | 15 |
Retail | 15 |
Food and Agriculture Tech | 6 |
Others | 45 |
Note: We have considered here, only first round of investments
Raed Ventures' Investments by Geography
Raed Ventures has made most investments in Saudi Arabia (23), followed by United Arab Emirates where it has made 13 investments.Country | No. of Investments |
|---|---|
Saudi Arabia | 23 |
United Arab Emirates | 13 |
Egypt | 9 |
United States | 5 |
India | 2 |
Others | 3 |
Note: We have considered here, only first round of investments
Raed Ventures' recent investments
Raed Ventures has made 4 investments in 2026 so far. Stitch and Signit are the latest among them.Here are the most recent investments by Raed Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 14, 2026 | Saudi Arabia | Series A | 6302 | [+3] | |
Apr 21, 2026 | Saudi Arabia | Series A | 5056 | [+3] | |
Apr 16, 2026 | Saudi Arabia | Series A | 1728 | [+3] | |
Feb 11, 2026 | Saudi Arabia | Series A | 6315 | [+8] | |
Sep 15, 2025 | Saudi Arabia | Series B | 5848 | [+12] |
Unicorns in Raed Ventures' Portfolio
Raed Ventures has 1 unicorn in its portfolio - Tabby. The most recent unicorn in their portfolio is Tabby which became a unicorn in 2023, 3 years after Raed Ventures first invested in it.Here is a list of unicorns in Raed Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
83 | Provider of purchase financing solutions for businesses | 2019 | Riyadh | Series E | kmbbwse |
IPOs and Publicly Listed companies in Raed Ventures' Portfolio
1 of Raed Ventures' portfolio company became public - Swvl. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Mar 2021 at marketcap of $4.77MHere are Raed Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 31, 2021 | Mar 2018 | Series A | 7544 |
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Acquired companies in Raed Ventures' Portfolio
3 companies from Raed Ventures' portfolio have been acquired. The most recent acquisition was Tweeq in Sep 2024 by Tabby for $*****.Here are Raed Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 03, 2024 | Jun 21, 2021 | Seed | 9750 | |
Aug 15, 2022 | Jan 23, 2017 | Seed | 4398 | |
Jul 14, 2021 | 2016 | Seed | 8627 |
Team profile of Raed Ventures
Raed Ventures has a team of 21 members including 4 Partners, 1 Venture Partner and 3 Principals located in Saudi Arabia and United Arab Emirates. Raed Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in Raed Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | United Arab Emirates | - | ||
Partner | Saudi Arabia | - | ||
Partner | Saudi Arabia | - | ||
Partner | Riyadh | - | ||
Venture Partner | Saudi Arabia | - | ||
Principal | Saudi Arabia | - | ||
Principal | United Arab Emirates | - | ||
Principal | United Arab Emirates | - |
Co-investors of Raed Ventures
Over the past 10 years, 393 investors have co-invested in Raed Ventures's portfolio companies. This includes funds and angels.
- Invested before Raed Ventures: 500 Global, Global Founders Capital and 105 others have invested in rounds before Raed Ventures. There are 3 companies where 500 Global has invested before Raed Ventures and 2 companies where Global Founders Capital has invested before Raed Ventures.
- Top Co-investors of Raed Ventures: 140 investors entered a company along with Raed Ventures. These include investors like Wamda Capital (8 companies).
- Invested after Raed Ventures: A total of 146 investors have invested in Raed Ventures's portfolio after their investments. Top Investors include Endeavor (9 companies), STV (7 companies) and Sanabil (5 companies).
Recent News related to Raed Ventures
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Saudi Fintech Stitch Raises $25 Million in Series A Funding Led by Andreessen Horowitzentarabi.com•May 14, 2026•Stitch, Andreessen Horowitz, COTU Ventures, SVC and 2 others
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Aya Raises $7 Million Series A to Scale On-Demand Fashion ModelTechMoran•Apr 21, 2026•Nuwa Capital, Raed Ventures, Aya
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Saudi Tech Startup Signit Raises $15M in Series A Led by Raed VenturesCairoScene•Apr 21, 2026•Takamol, Suhail, Signit, Seedra Ventures and 3 others
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TPG, Sanabil lead $157mln fundraise for Saudi fintech HALAZawya•Sep 15, 2025•Tpg, Hala, Sanabil, TPG and 14 others
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Kamco Invest Acquires Stake in Saudi Foodtech Leader Foodicsmeatechwatch.com•Jul 31, 2025•Kamco Invest, Foodics, Sequoia Capital, Endeavor and 4 others
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Saudi VC Joins $10M Seed Round of Fintech Company StitchStartupNews•May 29, 2025•Stitch South Africa, Arbor Ventures, COTU Ventures, Raed Ventures
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Sylndr Secures $15.7M Series A Funding to Revolutionize Egypt's Used Car MarketIncubees•May 23, 2025•Sylndr, Development Partners International, Algebra Ventures, Nuwa Capital and 4 others
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Sylndr Raises $15.7M to Expand Mobility Ecosystem in Egypt’s Used-Car MarketInnovation-village•May 20, 2025•Sylndr, Development Partners International, Algebra Ventures, Nuwa Capital and 2 others
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Wamda Capital backs BloomPath’s $1.3 M Pre-seed roundIncubees•May 03, 2025•BloomPath AI, Wamda Capital, Ulu Ventures, Raed Ventures and 1 other
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Egyptian Q-Commerce Startup Rabbit Secures Funding to Expand into Saudi ArabiaTechgist Africa•Apr 17, 2025•Rabbit, Raed Ventures, Global Founders Capital
