15 angel investors back Riyadh startups in 2026. OQAL, RAI, and founder angels write the first cheques. Saudi startups raised $1.72B in 2025, the top VC market in MENA.
Most Riyadh startups raise their first money from angels. They write the first cheque before any VC will look.
OQAL and RAI run the biggest Saudi angel networks. Founders of big Saudi startups now angel-invest too.
Angels move fast, but they still want a clear story. Ellty tracks every data room open from these investors.
This guide lists 15 active Riyadh angel investors in 2026.
| Type | Check size | Sector focus | Website | |
|---|---|---|---|---|
| OQAL Angel Investors | Angel network | $50K-$500K | Tech, SaaS, fintech, consumer | oqal.org |
| Riyadh Angel Investors | Angel network | $25K-$250K | B2B, SaaS, tech | riyadhangels.com |
| Saudi Angel Investors | Angel collective | $25K-$200K | Early-stage tech, consumer | saudi-angels |
| Falak Angels | Angel network | $25K-$200K | Early tech, SaaS, fintech | falak.sa |
| Sanabil 500 Investing Unlocked | Angel program | $10K-$50K | Cross-sector early-stage | 500.co |
| Misk Innovation | Foundation program | Grants / program | Youth, early-stage tech | misk.org.sa |
| Wa'ed Ventures | Corporate VC | Early-stage rounds | Deep tech, SaaS, fintech | waed.net |
| Faris Al-Rashed | Angel (network founder) | $10K-$100K | Tech, fintech, SaaS | farisalrashed.com |
| Anas Al Ghanim | Angel (operator) | $10K-$100K | SaaS, fintech, foodtech | foodics.com |
| Abdulmajeed Alsukhan | Angel (founder) | $25K-$250K | Fintech, consumer | tamara.co |
| Samih Toukan | Angel (founder) | $25K-$250K | Fintech, e-commerce | jabbar.com |
| Vision Ventures | Early-stage VC | $250K-$5M | Tech, digital | vision.vc |
| Nama Ventures | Pre-seed / Seed VC | $100K-$2M | SaaS, tech, marketplaces | nama.vc |
| Khwarizmi Ventures | Seed VC | $250K-$3M | Consumer, fintech, tech | kv.com.sa |
| Impact46 | Seed VC | $1M-$10M | Consumer, enterprise, tech | impact46.sa |
Run your Riyadh angel raise tight
Angels open your deck and metrics before they reply. Ellty logs every view in real time.
Start free 14-day trialWhat a Saudi angel investor backs
An angel invests their own money in early startups. In Saudi that often means pre-seed and seed rounds.
Most Riyadh angels write $10K to $250K cheques each. Networks like OQAL pool angels into bigger rounds.
They back the founder as much as the idea they pitch. Founders pitching Riyadh AI investors face a similar bar.
Send each angel one clean link, not scattered files. Ellty shows you exactly who read your deck and when.
Access to early-stage smart capital and angel investment is key to help nurture startups.
15 Riyadh angel investors
1. OQAL Angel Investors Network
OQAL is Saudi Arabia's first and largest angel network, from 2011.
Recent Activity: Invested in the Mantas seed round in January 2026, launched the OQAL Note instrument
LinkedIn: OQAL LinkedIn
Sector Focus: Sector-agnostic tech, SaaS, fintech
Check Size: $50K-$500K syndicated
Location: Riyadh, Saudi Arabia
Website: oqal.org
2. Riyadh Angel Investors
Riyadh Angel Investors is a network of 50+ senior KSA executives.
Recent Activity: An active backer of seed and early-stage tech founders since 2019
LinkedIn: Riyadh Angel Investors LinkedIn
Sector Focus: B2B, SaaS, tech
Check Size: $25K-$250K syndicated
Location: Riyadh, Saudi Arabia
Website: riyadhangels.com
3. Saudi Angel Investors
Saudi Angel Investors is an angel collective launched in 2020.
Recent Activity: Runs pitch days with Misk and backs early Saudi tech startups
LinkedIn: Saudi Angel Investors LinkedIn
Sector Focus: Early-stage tech, consumer, SaaS
Check Size: $25K-$200K syndicated
Location: Riyadh, Saudi Arabia
Website: Saudi Angel Investors
4. Falak Angels
Falak Angels is an SVC-partnered angel network for early tech deals.
Recent Activity: Runs an SVC-backed angel deal pipeline for early Saudi startups
LinkedIn: Falak Investment Hub LinkedIn
Sector Focus: Early-stage tech, SaaS, fintech
Check Size: $25K-$200K syndicated
Location: Riyadh, Saudi Arabia
Website: falak.sa
5. Sanabil 500 Investing Unlocked
An invite-only program training the next Saudi angels with 500 Global.
Recent Activity: Runs angel-training cohorts across MENA backed by Sanabil and 500 Global
LinkedIn: Sanabil Investments LinkedIn
Sector Focus: Cross-sector early-stage
Check Size: $10K-$50K per angel
Location: Riyadh, Saudi Arabia
Website: 500.co
6. Misk Innovation
Misk Innovation funds and mentors young Saudi entrepreneurs.
Recent Activity: Runs pitch days with Saudi Angel Investors and early-stage programs
LinkedIn: Misk Innovation LinkedIn
Sector Focus: Youth and early-stage tech
Check Size: Grants and program funding
Location: Riyadh, Saudi Arabia
Website: misk.org.sa
Share your deck and track every angel open
Ellty shows when an angel or network opens your deck and metrics. Follow up fast.
Start free 14-day trial7. Wa'ed Ventures
Wa'ed Ventures is Aramco's VC backing Saudi startups from early stage.
Recent Activity: An active early-stage investor, partners with OQAL on Saudi angel deals
LinkedIn: Wa'ed Ventures LinkedIn
Sector Focus: Deep tech, SaaS, fintech
Check Size: Early-stage rounds
Location: Dhahran, Saudi Arabia
Website: waed.net
8. Faris Al-Rashed
Faris Al-Rashed founded OQAL and is a Derayah VC partner.
Recent Activity: Chairs OQAL and backs early Saudi startups through its network
LinkedIn: OQAL LinkedIn
Sector Focus: Tech, fintech, SaaS
Check Size: $10K-$100K
Location: Riyadh, Saudi Arabia
Website: farisalrashed.com
9. Anas Al Ghanim
Anas Al Ghanim is a Foodics leader and active Saudi angel.
Recent Activity: Angel-invests in Saudi SaaS and fintech startups from Riyadh
LinkedIn: Anas Al Ghanim LinkedIn
Sector Focus: SaaS, fintech, foodtech
Check Size: $10K-$100K
Location: Riyadh, Saudi Arabia
Website: foodics.com
10. Abdulmajeed Alsukhan
Abdulmajeed Alsukhan is co-founder and CEO of fintech unicorn Tamara.
Recent Activity: A founder-operator who angel-backs early Saudi fintech and consumer startups
LinkedIn: Tamara LinkedIn
Sector Focus: Fintech, consumer
Check Size: $25K-$250K
Location: Riyadh, Saudi Arabia
Website: tamara.co
11. Samih Toukan
Samih Toukan co-founded Souq.com and backs Saudi fintech Lean.
Recent Activity: An angel investor in Riyadh fintech Lean Technologies and MENA startups
LinkedIn: Samih Toukan LinkedIn
Sector Focus: Fintech, e-commerce
Check Size: $25K-$250K
Location: Amman / KSA-active
Website: jabbar.com
12. Vision Ventures
Vision Ventures is one of Saudi Arabia's earliest VC firms.
Recent Activity: An active early-stage Saudi tech investor backing seed founders
LinkedIn: Vision Ventures LinkedIn
Sector Focus: Tech, digital
Check Size: $250K-$5M
Location: Khobar / Riyadh
Website: vision.vc
13. Nama Ventures
Nama Ventures is a Riyadh pre-seed fund close to the angel stage.
Recent Activity: An active pre-seed and seed backer of Saudi tech and SaaS founders
LinkedIn: Nama Ventures LinkedIn
Sector Focus: SaaS, tech, marketplaces
Check Size: $100K-$2M
Location: Riyadh, Saudi Arabia
Website: nama.vc
14. Khwarizmi Ventures
Khwarizmi Ventures backs early Saudi consumer and fintech startups.
Recent Activity: An active early-stage Saudi investor across consumer and fintech
LinkedIn: Khwarizmi Ventures LinkedIn
Sector Focus: Consumer, fintech, tech
Check Size: $250K-$3M
Location: Riyadh, Saudi Arabia
Website: kv.com.sa
15. Impact46
Impact46 is a Riyadh VC that backs founders from seed onward.
Recent Activity: An active Saudi seed investor with 40+ portfolio companies
LinkedIn: Impact46 LinkedIn
Sector Focus: Consumer, enterprise, tech
Check Size: $1M-$10M
Location: Riyadh, Saudi Arabia
Website: impact46.sa
Angel networks and syndicates
Most Riyadh angels invest through a network, not alone. OQAL and RAI lead most of the big syndicated deals.
A network pools small cheques into one real round. That gives founders one clean term sheet, not ten.
Syndicates need tight control over who sees your data. Use granular permissions on every shared data file.
New to raising? Learn what is due diligence first. Angels still run real checks before they wire money.
From angel to seed round
Angels get you to a product and your first customers. A seed VC round usually follows fairly soon after.
Angels who back you early often join the seed too. Keep every angel warm with steady, honest updates.
A clean cap table makes the seed round much faster. Board management software keeps the records tidy.
Track which angels still open your updates in Ellty. Re-engage the angels who have gone quiet lately.
How to reach Riyadh angels
A cold email rarely lands a serious Riyadh angel. Warm intros through other founders work far better.
Apply to OQAL, RAI, and Falak angel nights as well. They screen you first, then pitch many angels at once.
Send a tight deck and a clear, simple ask up front. Share it as one Ellty link with password protection.
Angels move fast, but they still run real checks. See how long due diligence takes before you pitch.
How to pitch a Riyadh angel investor
Lead with the founder story, traction, and a clear ask.
- 1.Get a warm intro through a founder.Angels trust people they already know.
- 2.Show early traction and real users.Even small numbers beat a pure idea.
- 3.Make your ask and terms clear.Angels move fast on a simple ask.
- 4.Share one Ellty link per angel and track opens.Follow up when an angel reads your deck.
How Ellty helps you land an angel investor in Riyadh
You've found your Riyadh angel investors already. Set up a data room before your first pitch.
- 1.Upload your deck, metrics, and cap table to Ellty.Set access for each angel and network.
- 2.Share a unique trackable link with each angel.Each angel gets one link. Ellty logs every open.
- 3.Track opens and follow up the moment they read.Use Ellty analytics to time your follow-up.
Riyadh angel investor questions
- OQAL, RAI, Saudi Angels, and Falak. OQAL is the oldest and largest.
- Most write $10K to $250K per deal. Networks pool angels into bigger rounds.
- A strong founder, traction, and a clear ask. Ideas alone rarely get funded.
- Warm intros and network pitch nights. Cold emails rarely land a cheque.
- Yes, but faster than most VCs. They still check team and traction.
- Before outreach starts. Track who opens your deck and metrics.
