saudi-arabia
(44)
COGNNA Is Teaching the Security Operations Center to Think Before It Pings
The Saudi cybersecurity company is betting that the next useful AI agent will not write an email. It will decide which of 10,000 security alerts deserves a human being.
CarSwitch Put a 200-Point Checklist Between Dubai and a Bad Deal
Dubai's used-car problem was never a shortage of listings. It was the awkward, expensive gap between finding a vehicle and trusting the deal - the gap CarSwitch built a business to manage.
palm.hr
palm.hr is a Riyadh-born, cloud-based HR and payroll platform built for small and mid-sized businesses across Saudi Arabia and the wider GCC. It brings employee data, time and attendance, WPS-compliant payroll, and employee engagement into one system that plugs directly into local government rails like GOSI and Mudad, so companies can run people operations that comply with regional labor law out of the box. Founded in 2019, it raised a $5M pre-Series A in 2023 to expand across MENA and pairs its software with an outsourced HR concierge service.
Jeeny Is Turning the Ride-Hailing App Into the Trip Itself
The Saudi-Jordanian app began by making taxis easier to find. Now it is stitching rides, parcels, payments, advertising and travel into one regional mobility layer - while trying to keep the economics attractive on both sides of the car door.
Bonat
The Riyadh startup that turns a coffee-shop punch card into a data engine - and just raised $6 million to teach every merchant in the Gulf how to keep a customer.
Baytonia
Behind a single furniture storefront in Saudi Arabia sits a marketplace that also warehouses, assembles and delivers - and quietly furnishes hotels, offices and government projects for the sellers who can't.
Democrance
Democrance is a Dubai-based B2B insurtech that sells insurers a lightweight, cloud-based core platform - Democrance Pulse - which sits on top of legacy systems rather than replacing them. Founded in 2015 by Michele Grosso, Alberto Perez and Dr. Damian Dimmich, the company began by trying to sell low-cost microinsurance to people in emerging markets who had never held a policy, then discovered that the real bottleneck was the insurers' own technology. Today its no-code product configurator, distribution portals, underwriting engine and API library let carriers including AXA, MetLife, AIG, Manulife, Zurich, Tokio Marine and Sukoon launch and administer life, health and P&C products in days rather than months, across 15-plus markets in the Middle East, Africa, Asia and Latin America. The mainstream book cross-subsidises the microinsurance one, which is how a financial-inclusion mission survives contact with a P&L.
eyewa
eyewa is the Middle East's largest omnichannel eyewear retailer, selling prescription glasses, sunglasses, blue light glasses and contact lenses through its e-commerce platform, mobile app and a growing network of physical stores across the GCC. Founded in Dubai in 2017 by former Bain consultants Anass Boumediene and Mehdi Oudghiri, the company pairs affordable in-house brands with technology like AI-powered virtual try-on, and reached roughly 150 stores before raising a $100M Series C led by General Atlantic in late 2024 to fund a 100-store expansion.
HALA
HALA is a Riyadh-based fintech building the 'bank of the future' for small and medium enterprises across Saudi Arabia and the wider MENA region. Founded in 2018 by Esam AlNahdi and Maher Loubieh, it combines business IBAN accounts, card issuance, POS and soft-POS payment acceptance, expense management and SME financing into a single platform regulated by the Saudi Central Bank (SAMA). HALA serves more than 140,000 businesses, processes over $8 billion in annual transactions, and in September 2025 raised a $157 million Series B - one of the largest fintech Series B rounds in the Middle East - at a reported valuation near $900 million.
Holo
Holo is a Dubai-based digital mortgage platform that lets home buyers and homeowners compare, apply for and track mortgages across 20+ banks in one place. Founded in 2020 by mortgage veterans Michael Hunter and Arran Summerhill, it pairs proprietary automation software with human advisors to cut the paperwork and opacity out of home financing. The company is profitable in the UAE, has helped tens of thousands of clients, processes over AED 1 billion in applications monthly, and raised a $22M Series A in 2025 to expand across Saudi Arabia and the wider GCC.
Intelmatix
Intelmatix is a deep-tech enterprise AI company founded by MIT-trained technologists that builds EDIX, an Enterprise Decision Intelligence Platform designed to act as a 'digital brain' for organizations. Using context-aware AI agents, knowledge graphs and generative AI, EDIX lets companies sense, learn, decide and act across functions like demand forecasting, inventory, workforce planning and site selection - without needing an in-house data science team. Headquartered in Riyadh with offices in London and Boston, Intelmatix focuses on the MENA region, training on local context data that global platforms overlook. It raised a $20M Series A in 2024 - the region's largest AI Series A of its kind - and in 2025 became the first Saudi and MENA AI company named a World Economic Forum Technology Pioneer.
Jisr | جسر
Jisr (جسر, Arabic for 'bridge') is a Riyadh-based HR and finance software company building a cloud platform that unifies HR, payroll, talent and spend for businesses in Saudi Arabia and the wider MENA region. Founded in 2016-2017 as Saudi Arabia's Vision 2030 got underway, Jisr localizes its product deeply - integrating directly with government portals like GOSI, Mudad and Muqeem so companies can run compliant payroll and workforce operations. In October 2023 it raised a $30 million Series A led by Merak Capital, reported as the largest Series A for a SaaS company in the Middle East. The platform is used by thousands of organizations processing billions of riyals in payroll.
لبيه | Labayh
Labayh is a Saudi digital mental-health platform that connects Arabic-speaking users with licensed psychologists, psychiatrists and counselors for private, remote therapy delivered through its mobile app. Founded in 2018 by Basim Albeladi after his own experience with PTSD, the platform offers one-on-one sessions, group support, therapeutic programs, self-assessments and a corporate wellbeing product, and has grown to more than a million users served by a large network of licensed specialists across the MENA region.
Lucidya | لوسيديا
Lucidya is a Riyadh-based, AI-native customer experience management (CXM) platform built for Arabic-speaking markets. Using a proprietary Arabic NLP engine that understands 15+ dialects with roughly 92% sentiment accuracy, it unifies social listening, media monitoring, surveys, customer profiles and omnichannel support into a single system, and now deploys autonomous AI agents for customer-facing roles. Founded in 2016 by Abdullah Asiri and co-founders, the company serves enterprises and governments across the MENA region and in 2025 raised a $30M Series B, one of the largest AI funding rounds in Saudi Arabia.
Malaa | ملاءة
Malaa (ملاءة) is a Riyadh-based fintech that became Saudi Arabia's first licensed open banking product. Its consumer app lets people link all their bank accounts in one place, track spending, and invest in Shariah-compliant, professionally managed portfolios at what it says is the lowest management fee in the Kingdom. Founded in 2020-2021 by Ali Alorainy and Faisal Alqarni, Malaa is regulated by both the Saudi Central Bank (SAMA) and the Capital Market Authority (CMA), and raised a $17.3M Series A in 2024 led by SNB Capital.
Master Works
Master Works is a Riyadh-based Saudi technology company that helps public- and private-sector organizations turn data into assets. Founded in 2010, it delivers data management, business intelligence, artificial intelligence, computer vision, cloud and digital-transformation services alongside home-grown software products such as the P+ project-management platform and the Baseer speech-analytics engine. With around 700 employees and offices across the Gulf, Egypt, Jordan and India, it serves more than 140 clients and is positioned as a national data champion for Saudi Arabia's Vision 2030.
Mnzil | منزل
Mnzil is a Riyadh-based proptech company that provides integrated housing, transportation, and catering solutions for Saudi Arabia's blue-collar and migrant workforce. Through a hybrid model of subleasing, purpose-built development, and a C2B marketplace, Mnzil lets companies outsource the housing and movement of their workers, offering furnished, regulated, and serviced accommodation at scale. Founded in 2024, it operates 60+ facilities across 13+ cities, serves 100+ corporate clients including Amazon, Nestlé, and SIXT, and raised an $11.7M Series A led by Founders Fund in November 2025.
Mozn
Mozn is a Riyadh-based enterprise AI company founded in 2017 that builds AI for high-stakes decisions in the Arabic-speaking world. Its flagship platform, FOCAL, unifies fraud prevention and anti-money-laundering (AML) compliance for banks, fintechs and governments, while its OSOS platform delivers Arabic natural-language understanding and enterprise knowledge intelligence. Backed by a $10M Series A, Mozn has served more than 100 organizations and, in 2025, became one of only ten vendors worldwide named a Category Leader by Chartis Research in both AML transaction monitoring and KYC solutions.
Munjz | FM & PM Technology
Munjz is a Riyadh-based proptech company that builds cloud-native facility- and property-management software for the Saudi market. Founded in 2017 as a consumer maintenance marketplace, it pivoted to B2B SaaS in late 2021 and now runs Munjz Connect, an Arabic-first CAFM and PMS platform that unifies work orders, assets, vendors, tenants, and finances for property operators, government bodies, and chains such as McDonald's, Dunkin', and DHL. The company raised a $5 million Series A in 2023 led by regional proptech and real-estate investors.
penny.
penny. is a Saudi-based B2B SaaS company that digitizes the full source-to-pay procurement cycle on one cloud platform. It combines e-sourcing, RFQs, purchase orders, supplier management, spend analytics and AI-driven automation so enterprises can cut costs, tighten governance and speed up buying. The modular, customizable system is used by companies across 75+ countries and is layered with AI tools like the Bidly.ai sourcing assistant to make procurement faster and more transparent.
Qoyod - قيود
Qoyod is a Riyadh-based cloud accounting and e-invoicing platform built for the Saudi market. Founded in 2016 by Abdullah AlDayel, it lets small and medium businesses issue invoices, track expenses, manage inventory and stay compliant with ZATCA (Fatoora) e-invoicing rules - without needing formal accounting expertise. It bundles accounting, point-of-sale and tax compliance into one Arabic-first, locally hosted system now used by tens of thousands of Saudi businesses.
Quant Data & Analytics
Quant Data & Analytics is a Riyadh-based data science, AI and business-intelligence company that turns raw data into decisions for Saudi businesses and government. Founded in 2015, it pairs consulting with proprietary SaaS products - Suhail for real estate and location intelligence and Fruits360 for food-and-beverage analytics - and has analyzed more than a trillion data records across real estate and restaurant sectors. With around 160 employees and Series A backing, Quant positions itself as an engine for the data-driven decisions behind Saudi Vision 2030.
Resal
Resal is a Saudi digital gifting, rewards, and loyalty platform based in Jeddah. Founded in 2016, it connects merchants, businesses, and individuals through a single ecosystem that issues and manages digital gift cards, prepaid cards, loyalty points, and vouchers. Originally launched as a flower-and-gift delivery app, Resal pivoted in 2021 into a full B2B rewards and loyalty infrastructure company, and now serves more than 1.5 million users and over 1,000 organizations, working with 400+ retailers such as Jarir, Amazon, Noon, and Landmark Group across Saudi Arabia, the UAE, Bahrain, and Kuwait.
Rewaa
Rewaa is a Riyadh-based retail technology company that builds a cloud-based operating platform for small and medium retailers, unifying point-of-sale, inventory management, accounting and ZATCA-compliant e-invoicing in a single dashboard. Founded in 2018, it synchronizes physical stores and online sales channels in real time and has grown to serve more than 23,000 active merchants across Saudi Arabia and the wider region. Rewaa raised the largest Series A for a SaaS company in MENA ($27M in 2023) and followed with a $45M Series B in late 2025 to expand its AI-driven automation tools.
Saferoad Information Technology LTD.
Saferoad Information Technology is a Saudi telematics and IoT company based in Al Khobar that builds both the hardware and the software behind vehicle tracking and fleet management. Founded by Mohannad Alhaj in 2009, it positions itself as the Kingdom's first and only full-stack telematics provider - designing its own GPS trackers, dash cams and sensors while running an AI-driven cloud platform for fleet monitoring, driver-behavior scoring, cold-chain compliance, car sharing and school-bus safety. Its stated mission is to reduce road fatalities and improve driving behavior across Saudi Arabia, serving corporate and government clients including Saudi Aramco, Saudi Post, SAPTCO and the Transport General Authority.
Salasa | سلاسة
Salasa is a Riyadh-based end-to-end e-commerce fulfillment and logistics platform. Founded in 2017, it gives online merchants a single stack for warehousing, order fulfillment, domestic and cross-border shipping, bonded zones, returns, and dark-store-powered two-hour delivery, connected through an OMS and API integrations with platforms like Salla, Zid, Shopify and Amazon and more than 40 carriers. The company has fulfilled tens of millions of orders for over 1,000 merchants and raised roughly $40 million to build a tech-first logistics network across Saudi Arabia and the GCC.
Stake
Stake is a Dubai-based digital real estate investment platform that lets people buy fractions of income-generating property from as little as AED 500. Investors earn passive rental income and capital appreciation while Stake handles sourcing, acquisition, management and exit. Regulated by the DFSA in the UAE and the CMA in Saudi Arabia, the platform serves more than two million users across 181 countries and has expanded from Dubai into Saudi Arabia, Abu Dhabi and US industrial real estate.
Syarah
Syarah is Riyadh-based online marketplace for buying and selling new and used cars in Saudi Arabia. It handles the full transaction online - sourcing, 200-point inspection, refurbishment, financing, warranty and kingdom-wide home delivery - and lets buyers keep a car for a 10-day trial with a money-back guarantee. Founded in 2015, it has grown from a classifieds site into the country's leading digital used-car retailer, raising more than $82 million in total funding, including a $60 million Series C in 2024.
Tarabut
Tarabut (formerly Tarabut Gateway) is the MENA region's first and largest regulated open banking platform, connecting a network of banks and fintechs through a universal API. Founded in Bahrain by Abdulla Almoayed and now headquartered in Riyadh, the company provides banking-as-a-service, embedded finance, account-to-account payments, and data-driven credit tools that let financial institutions and businesses build personalized financial products across Saudi Arabia, the UAE and Bahrain.
Telfaz11
Telfaz11 is a Riyadh-based creative media studio that pioneered Arabic online video in the early 2010s and has since grown into one of Saudi Arabia's leading film and content producers. Founded in 2011 by Alaa Fadan, Ali Al Kalthami and Ibraheem Alkhairallah, it began as a YouTube-first network aimed at Saudi youth and evolved into feature films, streaming originals and branded content. Its 2022 wrestling comedy 'Sattar' became the highest-grossing Saudi film ever, and the studio holds a multi-picture deal with Netflix.