Venture Capital

Tawaref

Investment Details

Investor Type
Venture Capital

Asset Class Focus
Venture Capital

Stage Focus
Seed, Early Stage

Geographical Focus
United Arab Emirates, Saudi Arabia, Qatar, Kuwait, Oman, Egypt, Tunisia, Morocco, Algeria, Lebanon, Bahrain, Jordan, Somalia, Iraq, Palestine, Sudan, Djibouti, Mauritania, Yemen, Syria

Industries Focus

  • Financial Services
  • Technology
  • Healthcare
  • Energy
  • Consumer Goods
  • Telecommunications
  • Media
  • Software
  • Education
  • FinTech
  • E-commerce
  • Artificial Intelligence
  • Proptech
  • Data Science
  • Logistics tech

Investment Size:
500,000 to 5,000,000 USD

Investor Details Founded: 2020

Tawaref is a Saudi-based venture capital firm specializing in early-stage technology investments, focusing on transformative solutions across various sectors. The firm offers a comprehensive suite of services for startups, including company formation, legal and accounting services, CEO residency, and government registration through their Saudi Landing Program. This program strives to facilitate the entry of non-Saudi startups into the Saudi market. Through strategic partnerships, such as the one with SimpliFi, Tawaref enhances its offerings by providing flexible financial solutions, including multi-currency wallets and cards, expense tracking, and instant currency transfers. In October 2024, Tawaref expanded its capabilities by acquiring Amaana.ai, an advanced AI solutions provider, integrating AI-driven business solutions into its portfolio. This acquisition enables Tawaref to offer smarter and more efficient solutions, assisting clients in navigating the Saudi market with ease. Tawaref's strategic partnerships and acquisitions underscore its commitment to supporting startups with advanced, AI-driven solutions, reinforcing its mission to empower entrepreneurs in one of the world's fastest-growing markets.

Tawaref's strategic partnerships and acquisitions underscore its commitment to supporting startups with advanced, AI-driven solutions, reinforcing its mission to empower entrepreneurs in one of the world's fastest-growing markets.

Requirements
  • Seed-level or post-seed startup
  • Valuation under $20 million
  • 50% of the round closed with a reputable VC or lead investor
  • Committed to expanding to Saudi Arabia within 18 months of fundraising
Contact

[Official Website Hidden]

[LinkedIn Profile Hidden]

[Email Hidden]

[Contact Number Hidden]

Portfolio Companies
  • Amaana.ai
  • Simplifi
  • Plus VC
Claim this Investor

Are you an official representative of Tawaref?

Claim this investor to update information, manage your profile, and get a verified seal.

Claim