VC
Raed Ventures
Riyadh-based early-stage VC founded in 2015 by Omar Almajdouie, Saed Nashef and Talal Alasmari with backing from Almajdouie Holding. It has made 50+ investments in Saudi and MENA startups including Tabby, Lean, Salla and Mozn, and led UAE fintech Wafeq's $3M seed in 2023 and XSquare's pre-seed in 2026.
THESIS
Backs exceptional founders in MENA at seed and early stages, with a focus on fintech, e-commerce, logistics, enterprise software and AI, primarily in Saudi Arabia.
SNAPSHOT
TypeVC
HQRiyadh, Saudi Arabia
MarketMENA
Founded2015
SectorsFintech, E-commerce, Logistics, SaaS, AI
StagesSeed, Series A
LINKED ROUNDS
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