Backing Builders.
Shaping Markets.
Growth-stage capital for visionary founders building the technology and financial infrastructure of the Gulf and MENA region.
Our Thesis
We back conviction,
not consensus
Market Timing
We enter when tailwinds are structural — regulatory shifts, demographic inflections, and platform transitions that create durable opportunity.
Operator Alignment
We partner with founders who have domain depth and the ambition to build generational companies, not just startups.
Capital Efficiency
We prize businesses that compound value through operating leverage — high margins, capital-light models, and clear paths to profitability.
Focus Areas
Where we invest
We concentrate our capital and expertise where technology creates lasting structural advantages in the Gulf's fastest-growing markets.
Insurtech
Digital distribution, comparison platforms, and embedded insurance transforming how the region protects assets and manages risk.
Fintech Infrastructure
Payments, lending, and financial services platforms powering the next generation of commerce across the Gulf.
Enterprise SaaS
Cloud-native software enabling digital transformation for governments, enterprises, and regulated industries.
Data & AI
Applied intelligence platforms turning complex data into pricing models, risk signals, and market insights.
Digital Marketplaces
Two-sided platforms aggregating fragmented markets — from insurance to automotive to real estate — with network effects and pricing transparency.
Vision 2030 Enablers
Companies aligned with Saudi Arabia's transformation agenda, driving digitization, inclusion, and economic diversification.
Portfolio
Proven Results
We measure success by the markets our companies transform and the value they create for all stakeholders.
Rasan
Founded in 2016 to digitize Saudi Arabia's insurance market, Rasan grew from a single aggregation platform into a diversified fintech ecosystem spanning insurance distribution, data analytics, auto auctions, and vehicle services. The company listed on the Saudi Exchange in 2024 in an IPO oversubscribed 129 times, and has since grown into a $3 billion public company with industry-leading margins.
Tameeni
Launched in 2017 as Saudi Arabia's first online insurance aggregator, Tameeni transformed a two-day, branch-based process into a two-minute digital experience. Today the platform connects approximately 15 million customers with 23+ insurance providers across motor, health, home, travel, and savings insurance — pioneering the Kingdom's shift to digital-first financial services.
How We Work
More than capital
We operate as long-term partners — bringing strategic depth, regional networks, and operational conviction alongside our investment.
Strategic Insight
Deep sector expertise across tech and fintech, with firsthand understanding of Gulf regulatory landscapes, consumer behavior, and growth levers.
Regional Access
Established relationships across Saudi Arabia, the UAE, and the broader MENA ecosystem — connecting portfolio companies to customers, partners, and capital.
Governance & Scale
Hands-on support in building the operational infrastructure needed to scale — from board composition and talent strategy to IPO readiness.
Patient Conviction
We invest with a long-term horizon, giving founders the space to build category-defining businesses without short-term exit pressure.
Our Presence
Rooted in the Gulf
Three cities at the center of the region's economic transformation.
Dubai
Global Gateway
Abu Dhabi
Capital Markets Hub
Riyadh
Vision 2030 Epicenter
Contact
Building something
transformative?
We partner with exceptional founders at the growth stage. If you're reshaping an industry across the Gulf, we'd like to hear from you.
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