Wondering how to get funding from Raed Ventures? Raed Ventures is a Riyadh-headquartered early-stage venture capital firm backing tech and tech-enabled startups across the MENA region. Since its establishment in 2016, it has invested in more than 50 companies, including some of the Middle East's best-known startups. Its current mandate focuses on Seed and Series A rounds, with an emphasis on fintech, enterprise software and B2B SaaS.
The firm is anchored by major regional institutional investors including Saudi Venture Capital (SVC), PIF's Jada, Mubadala and Almajdouie Holding, giving founders access to a deep network across the Gulf. In December 2024, SVC announced an investment in Raed III L.P., the firm's early-stage fund targeting startups in Saudi Arabia and the UAE.
The Raed Ventures thesis: early-stage, founder-centric, MENA-first
Raed Ventures describes itself as a firm that partners with exceptional founders building transformative companies in MENA. Its portfolio page lists 53 companies across 28 Saudi, 10 Egyptian and 9 UAE-based startups, with fintech (13), enterprise solutions (10) and e-commerce (8) among the largest categories.
Public portfolio standouts include Tabby, the buy-now-pay-later fintech whose $7 million round Raed Ventures led, alongside Salla, Foodics, Lean Technologies, Mrsool and Trella. More recent activity includes leading Signit's $15 million Series A round in 2026. Earlier rounds also put the firm's name on Sary, Mozn and Unifonic.
Cheque size and fund size
Raed Ventures has not publicly disclosed the target size of its funds, so the fund size is not publicly disclosed. Third-party directories report an average ticket range of $500K–$3M, though the firm itself does not publish cheque-size guidelines — founders should treat this as indicative, not official.
Who runs Raed Ventures
The firm's founding partners are Omar Almajdouie (previously CEO of Almajdouie Manufacturing and one of the region's earliest institutional VC backers), Saed Nashef (co-founder of Sadara Ventures, a Microsoft veteran and the first Kauffman Fellow in the Arab Middle East) and Talal Alasmari (a serial startup founder and software engineer). General Partner Wael Nafee, a former Careem VP of Product, brings deep operator experience.
Beyond direct investing, Raed Ventures has partnered with Techstars, the Saudi Ministry of Communications and Information Technology and Saudi National Bank on the Riyadh Techstars Accelerator, signalling an active role in the Kingdom's founder ecosystem.
How to apply for funding
Raed Ventures accepts inbound applications directly through its official website. The raed.vc homepage carries a "Join our portfolio" section with an application form — the firm states it is investing in early-stage companies in the MENA region and will contact applicants after review. Founders can submit their pitch there rather than relying solely on warm introductions.
Why it matters for founders
Raed Ventures is one of the few Saudi VCs with a genuine early-stage track record — Tabby's $7 million round, Foodics and Mrsool came from the same playbook. If you are building a fintech, enterprise SaaS or B2B product in Saudi Arabia or the UAE and are raising a seed or Series A round, this is a fund worth pitching first.