Saudi startup directory

The product, the stage, how much they’ve raised and who founded them, with a source for every number. 33 startups so far, and the directory grows every week.

Tabby

FintechVerified ✓

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

Tamara

FintechVerified ✓

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

barq

FintechVerified ✓

A Saudi digital wallet for local and international transfers and cards, used by citizens and residents of more than 210 nationalities

Stage: Series A
Raised: $329.5M
Founded: 2023
City: Riyadh

Geidea

FintechVerified ✓

A Saudi payments company offering point-of-sale devices, payment acceptance services and business tools for merchants

Stage: Growth
Raised: $266M
Founded: 2008
City: Riyadh

Ninja

E-commerceDelivery and logisticsVerified ✓

A quick commerce app that delivers groceries, medicine and household items within minutes from dark stores.

Stage: Pre-IPO
Raised: $250M
Founded: 2022
City: Riyadh

Nana

E-commerceDelivery and logisticsFoodVerified ✓

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

Foodics

SaaSRestaurants and retailFintechVerified ✓

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

Floward

E-commerceDelivery and logisticsVerified ✓

A platform for delivering flowers and gifts across the Gulf, with in-house arranging and a refrigerated delivery fleet

Stage: Series C
Raised: $186.3M
Founded: 2017
City: Riyadh

TruKKer

Delivery and logisticsVerified ✓

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

Hala

FintechVerified ✓

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

Unifonic

SaaSCommunicationsAIVerified ✓

A Saudi platform for companies to reach their customers through messages, WhatsApp, calls, verification codes and AI agents

Stage: Series B
Raised: $146M
Founded: 2006
City: Riyadh

Salla

E-commerceSaaSVerified ✓

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

Sary

E-commerceFintechVerified ✓

A B2B online marketplace connecting grocery stores and restaurants with wholesalers, with a pay-later option

Stage: Series C
Raised: $112.1M
Founded: 2018
City: Riyadh

Lean Technologies

FintechSaaSVerified ✓

Open banking and payments infrastructure that connects financial apps to banks through a single API

Stage: Series B
Raised: $104M
Founded: 2019
City: Riyadh

Calo

FoodHealthVerified ✓

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

CarsE-commerceVerified ✓

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

SaaSRestaurants and retailVerified ✓

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

Noon Academy

EdtechVerified ✓

A social learning platform for school students that combines live classes, group study, and preparation for the Qudurat and Tahsili exams

Stage: Series B
Raised: $62.4M
Founded: 2013
City: Riyadh

Zid

E-commerceSaaSVerified ✓

A Saudi commerce platform that lets a merchant run their online store, sales channels and physical branch from one dashboard.

Stage: Series B
Raised: $59M
Founded: 2017
City: Riyadh

Erad

FintechVerified ✓

Shariah-compliant financing for small and medium businesses based on their sales data, with repayment that follows their revenue

Stage: Series A
Raised: $40.4M
Founded: 2022
City: Riyadh

Classera

EdtechSaaSVerified ✓

An e-learning platform for schools, universities and ministries: classes, assignments, exams and virtual classrooms

Stage: Series A
Raised: $40M
Founded: 2011
City: Jeddah

Lucidya

AISaaSVerified ✓

A Saudi AI-powered customer experience management platform that analyzes Arabic content across its dialects

Stage: Series B
Raised: $37.1M
Founded: 2016
City: Riyadh

HyperPay

FintechVerified ✓

An online payment gateway for stores that accepts mada, Visa, Mastercard and Apple Pay, with expense cards for companies

Stage: Series B
Raised: $36.8M
Founded: 2014
City: Riyadh

Jahez

Delivery and logisticsRestaurants and retailVerified ✓

A Saudi food and grocery delivery app that connects customers with restaurants and stores through its own delivery fleet.

Stage: Public
Raised: $36.5M
Founded: 2016
City: Riyadh

Lendo

FintechVerified ✓

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

Jisr

Human resourcesSaaSVerified ✓

A cloud system for HR, payroll and attendance, linked to government systems such as GOSI, Mudad and Qiwa

Stage: Series A
Raised: $30M
Founded: 2016
City: Riyadh

Rasan

InsuranceFintechVerified ✓

A Saudi insurtech company that owns Tameeni, a platform for comparing and buying insurance, and Treza, a platform for banks and leasing companies

Stage: Public
Raised: $24M
Founded: 2016
City: Riyadh

Moyasar

FintechVerified ✓

A Saudi online payment gateway that lets merchants and banks accept mada, cards and digital wallets through a single integration

Stage: Seed
Raised: $21M
Founded: 2015
City: Riyadh

MOZN

AIFintechVerified ✓

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

Qoyod

AccountingSaaSVerified ✓

Cloud accounting software for small and medium businesses, approved for e-invoicing by the Zakat, Tax and Customs Authority

Stage: Series A
Raised: $2.1M
Founded: 2014
City: Riyadh

HungerStation

Delivery and logisticsRestaurants and retailVerified ✓

A food and grocery delivery app in Saudi Arabia and Bahrain, owned by Germany's Delivery Hero group.

Stage: Acquired
Raised: Undisclosed
Founded: 2012
City: Riyadh

Mrsool

Delivery and logisticsVerified ✓

A Saudi delivery app where you order anything from any store, and couriers bid with delivery price quotes

Stage: Pre-IPO
Raised: Undisclosed
Founded: 2015
City: Riyadh

Nice One

E-commerceRestaurants and retailVerified ✓

A Saudi online store for beauty, fragrance and care products, with most sales coming through its app

Stage: Public
Raised: Undisclosed
Founded: 2017
City: Riyadh