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Top 16 Startups from Saudi Arabia

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In terms of entrepreneurship and business, Saudi Arabia has evolved into one of the top emerging countries in the world.

Hundreds of startup companies have been founded there in the last years, many of which are enjoying incredible success.

We've compiled a list with the 16 most successful ones.


16 Startups in Saudi Arabia

1) Sary

1) Sary

Sary is a B2B platform that seamlessly links small businesses to suppliers.

Details of the startup:

  • City: Ar Riyadh
  • Started in: 2018
  • Founders: Khaled Alsiari, Mohammed Aldossary
  • Industries: B2B, E-Commerce, Marketplace, Wholesale
  • Number of employees: 251-500
  • Funding amount: $37,100,000
  • Number of funding rounds: 3
  • Number of investors: 9

You can find their website here.

2) Tamara

2) Tamara

Tamara has a buy now, pay later platform that allows clients to pay over time.

Details of the startup:

  • City: Riyadh
  • Started in: 2020
  • Founders: Abdulmajeed Alsukhan, Abdulmohsen Albabtain, Turki Bin Zarah
  • Industries: Financial Services, FinTech, Mobile Payments, Payments
  • Number of employees: 51-100
  • Funding amount: $116,000,000
  • Number of funding rounds: 4
  • Number of investors: 9

You can find their website here.

3) Red Sea Farms

3) Red Sea Farms

Red Sea Farms is an agriculture technology firm that enables commercial crop production utilizing mostly salt water.

Details of the startup:

  • City: Thuwal
  • Started in: 2018
  • Founders: Mark Tester, Ryan Lefers
  • Industries: Agriculture, AgTech, Farming
  • Number of employees: 1-10
  • Funding amount: $14,348,000
  • Number of funding rounds: 4
  • Number of investors: 5

You can find their website here.

4) Gathern

4) Gathern

Gathern is a booking platform headquartered in Saudi Arabia.

Details of the startup:

  • City: Riyadh
  • Started in: 2016
  • Founders: Eman Alsuwailem
  • Industries: Customer Service
  • Number of employees: 11-50
  • Funding amount: $6,000,000
  • Number of funding rounds: 3
  • Number of investors: 7

You can find their website here.

5) unifonic

5) unifonic

unifonic is a customer interaction tool for emerging markets businesses that makes cloud communications more accessible.

Details of the startup:

  • City: Riyadh
  • Started in: 2006
  • Founders: Ahmed Hamdan, Hassan Hamdan
  • Industries: Information Technology, Messaging, PaaS, SaaS, SMS
  • Number of employees: 101-250
  • Funding amount: $21,000,000
  • Number of funding rounds: 1
  • Number of investors: 5

You can find their website here.

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6) Nana

6) Nana

Nana is an online grocery delivery service that delivers food and other household items to your doorstep.

Details of the startup:

  • City: Riyadh
  • Started in: 2016
  • Founders: Abdulmajeed Alsukhan, Sami Alhelwah
  • Industries: E-Commerce, Grocery, Internet
  • Number of employees: 101-250
  • Funding amount: $28,959,999
  • Number of funding rounds: 4
  • Number of investors: 7

You can find their website here.

7) Salla

7) Salla

Salla's platform makes it simple for anyone to set up an Arabic e-commerce business.

Details of the startup:

  • City: Jeddah
  • Started in: 2016
  • Founders: Nawaf Hariri, Salman Butt
  • Industries: E-Commerce, Information Technology, Internet
  • Number of employees: 11-50
  • Funding amount: $8,500,000
  • Number of funding rounds: 2
  • Number of investors: 5

You can find their website here.

8) Jahez

8) Jahez

Jahez is a food delivery platform that brings together restaurants, logistic fleets, and meal orders through the Jahez Mobile App.

Details of the startup:

  • City: Riyadh
  • Started in: 2016
  • Founders: Ghassab Al-Mandil
  • Industries: Food Delivery
  • Number of employees: 11-50
  • Funding amount: $36,500,000
  • Number of funding rounds: 2
  • Number of investors: 1

You can find their website here.

9) PayTabs

9) PayTabs

Since 2014, the world's most straightforward and reliable payments have been available. PayTabs is a global B2B online payments solution provider that has won numerous awards.

Details of the startup:

  • City: Al Khobar
  • Started in: 2014
  • Founders: Abdulaziz Fahad Al Jouf
  • Industries: E-Commerce, Financial Services, FinTech, Mobile Payments, Payments
  • Number of employees: 51-100
  • Funding amount: $25,333,333
  • Number of funding rounds: 2
  • Number of investors: 2

You can find their website here.

10) Zid زد

10) Zid زد

Zid is an e-commerce in a box solution that can be used by any store to get started with eRetail.

Details of the startup:

  • City: Riyadh
  • Started in: 2017
  • Founders: Mazen AlDarrab, Sultan AlAsmi
  • Industries: E-Commerce, Internet, Retail
  • Number of employees: 101-250
  • Funding amount: $8,933,207
  • Number of funding rounds: 2
  • Number of investors: 6

You can find their website here.

11) Nearpay

11) Nearpay

Nearpay is a FinTech firm that specializes in payment acceptance.

Details of the startup:

  • City: Riyadh
  • Started in: 2020
  • Industries: FinTech, Mobile Payments, Software
  • Number of employees: 1-10
  • Funding amount: $2,700,000
  • Number of funding rounds: 2
  • Number of investors: 1

You can find their website here.

12) Fordeal

12) Fordeal

Fordeal is a cross-border purchasing marketplace for lifestyle products.

Details of the startup:

  • City: Riyadh
  • Started in: 2017
  • Founders: Jian Yu
  • Industries: E-Commerce
  • Number of employees: 51-100
  • Funding amount: $20,000,000
  • Number of funding rounds: 2
  • Number of investors: 2

You can find their website here.

13) Lendo

13) Lendo

Lendo is a fintech startup that provides a peer-to-peer lending platform with an emphasis on debt financing for small businesses.

Details of the startup:

  • City: Riyadh
  • Started in: 2019
  • Founders: Mohammed Jawabri, Osama AlRaee
  • Industries: Finance, Financial Services, FinTech
  • Number of employees: 11-50
  • Funding amount: $7,200,000
  • Number of funding rounds: 2
  • Number of investors: 5

You can find their website here.

14) ACWA Power

14) ACWA Power

ACWA Power is a power generation and renewable energy developer, investor, co-owner, and operator.

Details of the startup:

  • City: Riyadh
  • Started in: 2004
  • Industries: Renewable Energy
  • Number of employees: 1001-5000
  • Funding amount: $239,000,000
  • Number of funding rounds: 4
  • Number of investors: 8

You can find their website here.

15) Lean Technologies

15) Lean Technologies

Lean creates developer-friendly APIs that provide Fintechs access to customer financial data and the ability to initiate payments.

Details of the startup:

  • City: Riyadh
  • Started in: 2019
  • Founders: Aditya Sarkar, Ashu Gupta, Hisham Al-Falih
  • Industries: Developer Platform, Finance, Financial Services, FinTech, Information Technology, Mobile Apps, Software
  • Number of employees: 1-10
  • Funding amount: $3,500,000
  • Number of funding rounds: 2
  • Number of investors: 6

You can find their website here.

16) FalconViz

16) FalconViz

Falconviz uses UAVs and accompanying technology to provide end-to-end asset digitization and process digitalization services.

Details of the startup:

  • City: Thuwal
  • Started in: 2014
  • Founders: Anas Dahlawi, Luca Passone, Mohamed Shalaby, Neil Smith
  • Industries: Architecture, Drones
  • Number of employees: 11-50
  • Funding amount: $1,769,337
  • Number of funding rounds: 5
  • Number of investors: 2

You can find their website here.

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