Wamda Capital is the investment arm of the Wamda platform, an evergreen fund that invests in high-growth tech companies in the region with no sector focus. Its Saudi portfolio includes Hala, Beni and Wafeq.
About Wamda Capital
Wamda Capital is Wamda's investment vehicle, chaired by Fadi Ghandour, and it operates as an evergreen fund that favors long-term investing. It invests in tech companies with no focus on a specific sector, and it has taken part in rounds from pre-seed to Series B. Its Saudi portfolio companies include Hala, Beni and Wafeq, and Wamda lists Tabby among its partner companies.
Evergreen fund.
What it invests in
- Stages
- Pre-seed, Seed, Series A, Series B
- Sectors
- All sectors
From its portfolio
Tabby
A buy now, pay later app: shoppers split purchases into interest-free installments, and merchants get paid in full up front.
- Stage
- Growth
- Raised
- $814M
- Founded
- 2019
- City
- Riyadh
Nana
A grocery and everyday-orders delivery app in Saudi Arabia that started with supermarket shopping, then moved to warehouses inside neighborhoods
- Stage
- Series C
- Raised
- $207M
- Founded
- 2016
- City
- Riyadh
Hala
One app for small businesses: a payment device, a business account, a card and financing
- Stage
- Series B
- Raised
- $161.5M
- Founded
- 2017
- City
- Riyadh
Team
- Fadi GhandourExecutive Chairman & Managing Partner
- Fares GhandourPartner