Lawazem: Transforming B2B procurement

The company has served more than 100 organizations, growing 150% on a quarterly basis. Consumers nowadays have adapted e-commerce as part of their shopping routine, as evidenced by more than 70% of Saudis shopping online, according to a recent report by CITC. This is mainly due to the affordability, convenience, and speed of e-commerce platforms. […]

Arib: Enabling digital loans

The company has digitally brokered more than SAR 150 million in loans, providing borrowers unprecedented access, transparency, and convenience. For most of us, acquiring a loan to purchase a big-ticket item, a car, or a home, remains to be one of the most impactful decisions of our lives. Many find that process challenging as it […]

Master Works: turning data into assets

The B2B size of the Saudi ICT market is SAR 30 Billion with a CAGR of 7% for the next five years. Data management, strategy, and governance will be core to the sector’s future and the Kingdom’s technology foundation. Master Works was founded in 2010 by Hani Al-Lehaibi and Bandar Al-Amri in Riyadh, Saudi Arabia, […]

Qoyod: Accounting and Beyond

We are happy to announce our investment in Qoyod, the Saudi-based SaaS accounting platform. The investment round of $2.1M is led by Merak Capital with participation from other investors.  Our thesis is built on market dynamics, growth factors, and solid execution by Qoyod’s team in building one of the best home-grown SaaS platforms in the […]