Series A Funded Startups in Saudi Arabia
Among the 30 disclosed Series A rounds shown for Saudi Arabia, the largest disclosed raise is Rize’s $35M on 2025-01-19.
Among the 30 disclosed Series A rounds shown for Saudi Arabia, the largest disclosed raise is Rize’s $35M on 2025-01-19. Only one other disclosed round breaks $20M (Intelmatix $20M on 2024-07-31 and Lean Technologies $33M on 2022-01-20 plus Tamara’s $110M on 2021-04-22), while most disclosed amounts cluster in the $6M–$18M range, with Clevis at $150K (2024-12-01) standing out as the smallest disclosed amount.
Geographically, Riyadh dominates: all but two entries are listed in Riyadh (respective exceptions are Red Sea Farms in Thuwal, Ha’il and Aanaab in “Jeddah, Makkah”). Temporally, the newest rounds concentrate in 2024–2025, with multiple closings on the same date (2024-12-01 has Aanaab $7M and Clevis $150K; 2023-10-04 has Jisr HR $30M and RedBox $7M). Sector-wise, AI appears repeatedly (Hakbah 2023-12-20 $5M; ELEVATUS 2022-09-21 $11M; Mozn 2022-02-03 $10M; Lean Technologies 2022-01-20 $33M; plus Intelmatix 2024-07-31 $20M), while 1 company is “undisclosed” (MDD on 2024-05-17).
Most recent rounds
30 shownRelated listings
Frequently asked
What does the largest disclosed Series A round look like, and how far is it above the typical disclosed size in this list?
Tamara’s $110M on 2021-04-22 is the clearest disclosed outlier; the rest of the disclosed rounds largely sit between $6M and $18M (for example, Bonat $6M on 2025-11-04 and Moneymoon $3M on 2025-04-22), with only a handful above $20M such as Lean Technologies $33M (2022-01-20) and Rize $35M (2025-01-19).
Are there city or geography clusters, or is the list distributed across Saudi Arabia?
Riyadh is the dominant city throughout, covering essentially the whole set except Red Sea Farms (Thuwal, Ha’il) on 2021-08-15 and Aanaab (Jeddah, Makkah) on 2024-12-01. This makes geography comparatively concentrated versus the limited non-Riyadh entries.
Which time window concentrates most of the recent activity, and what are the newest and oldest rounds shown?
Rounds in the most recent window (2024–2025) include Mnzil $12M (2025-11-28) and Zetta Technologies $12M (2025-08-26), while the oldest entry shown is Lendo (2021-03-14, $7M). Several closings also cluster at the same specific dates, such as 2024-12-01 (Aanaab $7M and Clevis $150K) and 2023-10-04 (Jisr HR $30M and RedBox $7M).
Do any sectors appear often enough here to be considered a pattern rather than a one-off?
AI shows up as a repeated theme across multiple years, including Intelmatix (2024-07-31, $20M), Hakbah (2023-12-20, $5M), ELEVATUS (2022-09-21, $11M), Mozn (2022-02-03, $10M), and Lean Technologies (2022-01-20, $33M). Financial Services also recurs (Moneymoon $3M on 2025-04-22; Abyan Capital $18M on 2024-05-02; Tamara $110M on 2021-04-22; plus Hala and Lendo in 2021).
Is there a notable small-round outlier besides the large top end?
Yes. Clevis raised $150K on 2024-12-01, which is far below the next-smallest disclosed amounts in the $3M–$5M area (Moneymoon $3M on 2025-04-22 and Hakbah $5M on 2023-12-20). The presence of one “undisclosed” row (MDD on 2024-05-17) also affects how cleanly the lower tail can be interpreted.
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