Vision Ventures is a Saudi venture capital firm founded in 2016, based in Dammam with an office in Riyadh. It invests in early-stage companies from pre-seed to pre-Series B. Its portfolio includes Tamara and Foodics.
About Vision Ventures
Qais Alissa and Haitham Bouaisha founded Vision Ventures in 2016 as an investment arm of Sahara Net, and it became an independent company in 2018. Its second fund (Saqr II) targets a size of $90 million and invests in Saudi Arabia and the Middle East and North Africa region. The Saudi Venture Capital Company put $15 million into it in 2024. It has offices in Dammam, Riyadh, Cairo and Amsterdam.
Partially exited Salla in 2024, according to Forbes Middle East.
What it invests in
- Stages
- Pre-seed, Seed, Series A
- Sectors
- Cybersecurity, SaaS, Fintech, Health, E-commerce
- Fund size (Saqr Fund II (target size))
- $90M (2024-10) Source
- Among the fund’s investors
- SVC
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
Foodics
A cloud-based restaurant management system: POS, inventory, kitchen, orders, payments and financing on one platform.
- Stage
- Series C
- Raised
- $198M
- Founded
- 2014
- City
- Riyadh
Salla
A Saudi platform for building online stores in Arabic with no coding, for individual merchants and companies.
- Stage
- Pre-IPO
- Raised
- $138.5M
- Founded
- 2016
- City
- Makkah
Calo
Healthy meal subscriptions with calories and protein calculated for each customer's goal, cooked and delivered daily
- Stage
- Series B
- Raised
- $90.5M
- Founded
- 2019
- City
- Riyadh
Syarah
A Saudi platform for buying and selling new and used cars online, with inspection, warranty and home delivery
- Stage
- Series C
- Raised
- $74.6M
- Founded
- 2015
- City
- Riyadh
Rewaa
A cloud system for shops and restaurants that puts the POS, inventory, accounting and e-invoicing on one screen
- Stage
- Series B
- Raised
- $72M
- Founded
- 2018
- City
- Riyadh
Team
- Kais Al-EssaFounding Partner & CEO
- Haitham Bu-AishaFounding Partner
- Mohamed Al-AmadManaging Partner & CFO