Shorooq Partners is an investment firm based in Abu Dhabi, founded in 2017, with an office in Riyadh. It invests in fintech, software and AI. Its portfolio includes Tamara, MOZN and Lean Technologies.
About Shorooq Partners
Shorooq Partners was founded in 2017 and says its assets under management have passed $1 billion. It works in venture capital, private equity and private credit. It has an office in Riyadh on Takhassusi Street, alongside Abu Dhabi, Dubai, Cairo and Seoul, and its entity is regulated by the Financial Services Regulatory Authority of Abu Dhabi Global Market. Its founding partner Mahmoud Adi said in October 2025 that it had completed seven deals in Saudi Arabia during the year.
What it invests in
- Stages
- Seed, Series A, Series B
- Sectors
- Fintech, SaaS, AI
- Fund size (More than $1 billion (all strategies))
- $1B (2026) Source
From its portfolio
Tamara
A Saudi platform for interest-free, Sharia-compliant installments and pay later, for shoppers and merchants in the Gulf.
- Stage
- Series C
- Raised
- $446M
- Founded
- 2020
- City
- Riyadh
TruKKer
A digital platform for trucking freight that connects companies with truck owners in the Gulf and the region
- Stage
- Series C
- Raised
- $170.4M
- Founded
- 2016
- City
- Riyadh
Lean Technologies
Open banking and payments infrastructure that connects financial apps to banks through a single API
- Stage
- Series B
- Raised
- $104M
- Founded
- 2019
- City
- Riyadh
Lendo
A Sharia-compliant debt crowdfunding platform that finances small and medium businesses through individual and institutional investors
- Stage
- Series B
- Raised
- $35.2M
- Founded
- 2019
- City
- Riyadh
MOZN
An enterprise AI company that fights fraud and money laundering and matches names across Arabic and English
- Stage
- Series A
- Raised
- $10M
- Founded
- 2017
- City
- Riyadh
Team
- Mahmoud AdiFounding Partner
- Shane ShinFounding Partner
- Yousef AlbabtainPartner