Series Unknown Funded Startups in Saudi Arabia
Among the 30 most recent Saudi entries labeled “Series Unknown,” the largest disclosed round is Roshn’s $2.4B on 2024-10-01; every other disclosed amount s…
Among the 30 most recent Saudi entries labeled “Series Unknown,” the largest disclosed round is Roshn’s $2.4B on 2024-10-01; every other disclosed amount shown is far smaller, with the next-largest being Tamara at $150M (2023-03-16) and Saudi Tabreed at $250M (2022-12-21). At the other extreme, the smallest disclosed amount is NQOODLET’s $20K on 2023-06-01, while multiple companies list “undisclosed” amounts (e.g., Sidra Capital on 2025-07-08; Morni on 2025-06-23).
Geographically, the dataset concentrates heavily around Riyadh: at least 12 companies are listed in Riyadh/Ar Riyad (e.g., Areeb Capital $1.5B on 2025-05-11; Buildnow $10M on 2025-02-11; Scalers $2M on 2023-12-20). Temporally, activity clusters in the latest half-year window: 2025 entries run from 2025-02-04 (Tadweeer $45M) through 2025-07-08 (Sidra Capital), with 2025-05-01 showing three separate “Series Unknown” rounds (Many Face, PIXCONVEY, Thakaa Med), while disclosed amounts range from $1M (Lucidya on 2025-04-09) to $1.5B (Areeb Capital).
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Frequently asked
What’s the biggest disclosed “Series Unknown” round in this Saudi Arabia list, and is it an outlier versus the rest?
Roshn’s $2.4B (2024-10-01) is the only disclosed round above the $1B level, dwarfing the next-largest disclosed entries: Saudi Tabreed at $250M (2022-12-21) and Tamara at $150M (2023-03-16).
Are there any meaningful city concentrations among the entries?
Riyadh/Ar Riyad dominates the geography, with at least 12 companies listed there (for example: Areeb Capital on 2025-05-11 with $1.5B, Buildnow on 2025-02-11 with $10M, and Marn.io on 2023-02-01 with $1M).
How much of the activity falls into the most recent 90 days of the rows shown?
Using the latest date in the table (2025-07-08), the 90-day window starts around 2024-10-09; many “Series Unknown” entries fall within that span, including Perfect Vision ($20M, 2024-10-17), ProMedEx ($20M, 2024-10-13), and Roshn ($2.4B, 2024-10-01 is just outside that start date).
Do specific sectors cluster in this “Series Unknown” sample?
Artificial Intelligence (AI) appears repeatedly, including Thakaa Med (undisclosed, 2025-05-01), Lucidya ($1M, 2025-04-09), Perfect Vision ($20M, 2024-10-17), and Sadeem Technology (undisclosed, 2024-07-31).
What does the disclosed-vs-undisclosed split look like when scanning for outliers?
Undisclosed amounts occur often (e.g., Sidra Capital on 2025-07-08; Morni on 2025-06-23; Many Face on 2025-05-01), but the disclosed amounts still show extreme dispersion—from NQOODLET’s $20K (2023-06-01) to Roshn’s $2.4B (2024-10-01).
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