14 Series A investors fund Riyadh startups in 2026. STV, Sanabil, and Raed Ventures lead the bigger rounds. Saudi Series A and B funding jumped 437% in 2025 as startups scaled.
Riyadh startups now scale fast after their seed round. Series A funding in Saudi grew very sharply in 2025.
STV and Sanabil write the biggest Series A cheques. Raed and Khwarizmi lead many earlier Series A rounds.
Series A needs revenue, retention, and a path to scale. Ellty tracks every data room open from these funds.
This guide lists 14 active Riyadh Series A investors in 2026.
| Type | Check size | Sector focus | Website | |
|---|---|---|---|---|
| STV | Series A / growth VC | $5M-$50M | Fintech, e-commerce, enterprise, AI | stv.vc |
| Sanabil Investments | Sovereign / growth | $10M-$100M+ | Fintech, B2B commerce, tech | sanabil.com |
| Raed Ventures | Series A / B VC | $2M-$10M | Proptech, fintech, SaaS, e-commerce | raed.vc |
| Wa'ed Ventures | Corporate VC | $3M-$20M | Deep tech, fintech, industrial | waed.net |
| Saudi Venture Capital | Fund of funds / co-invest | Fund and co-invest | Sector-agnostic | svc.com.sa |
| Impact46 | Seed / Series A VC | $3M-$15M | Fintech, insurtech, consumer | impact46.sa |
| Khwarizmi Ventures | Seed / Series A VC | $1M-$5M | Fintech, consumer tech, AI | khwarizmivc.com |
| Shorooq Partners | Seed to Series B VC | $2M-$15M | Fintech, platforms, enterprise | shorooq.com |
| Global Ventures | Series A / B VC | $3M-$15M | Fintech, healthtech, SaaS | global.vc |
| Valar Ventures | Series A / growth VC | $5M-$30M | Fintech, B2B commerce | valar.com |
| Peak XV Partners | Series A / growth VC | $5M-$50M | Fintech, SaaS, consumer | peakxv.com |
| Endeavor Catalyst | Co-investment fund | $1M-$5M co-invest | Sector-agnostic scaleups | endeavor.org |
| 1957 Ventures | Bank-backed VC | Varies | Fintech | 1957ventures.com |
| Merak Capital | Seed / Series A VC | $2M-$10M | Technology, SaaS, fintech | merak.capital |
Run your Riyadh Series A raise tight
Series A VCs open your metrics and model before they reply. Ellty logs every view.
Start free 14-day trialWhat a Series A investor backs
A Series A investor backs startups that already work. In Saudi that means real revenue and proven retention.
Most Riyadh Series A VCs write $3M to $50M cheques. A sharp pitch deck keeps your scaling story tight.
They want strong growth and clear unit economics. Founders pitching Riyadh seed investors face a lower bar.
Ellty gives each fund one trackable link and logs every open. You see who studied your full model before the call.
Saudi Arabia's 2025 market showed a balance of early, middle, and late stage investment, a sign of a maturing ecosystem.
14 Riyadh Series A investors
1. STV
STV is MENA's largest tech VC, leading big Saudi Series A rounds.
Recent Activity: Co-invested in SILQ Group's $110M round and launched a Google-backed AI Fund in 2025
LinkedIn: STV LinkedIn
Sector Focus: Fintech, e-commerce, enterprise, AI
Stage Focus: Series A to growth
Check Size: $5M-$50M
Location: Riyadh, Saudi Arabia
Website: stv.vc
2. Sanabil Investments
Sanabil is PIF's arm anchoring the biggest Saudi rounds.
Recent Activity: Led SILQ Group's $110M round and co-led Tamara's $340M Series C in 2025
LinkedIn: Sanabil Investments LinkedIn
Sector Focus: Fintech, B2B commerce, tech
Stage Focus: Series A to growth
Check Size: $10M-$100M+
Location: Riyadh, Saudi Arabia
Website: sanabil.com
3. Raed Ventures
Raed Ventures is a Riyadh VC leading Saudi Series A rounds.
Recent Activity: Led Rize's $35M Series A and co-invested in SILQ Group in 2025
LinkedIn: Raed Ventures LinkedIn
Sector Focus: Proptech, fintech, SaaS, e-commerce
Stage Focus: Series A, Series B
Check Size: $2M-$10M
Location: Riyadh, Saudi Arabia
Website: raed.vc
4. Wa'ed Ventures
Wa'ed Ventures is Aramco's $500M VC investing across stages.
Recent Activity: Led Zension Technologies' $30M Series A with Sumitomo and Global Ventures in 2025
LinkedIn: Wa'ed Ventures LinkedIn
Sector Focus: Deep tech, fintech, industrial
Stage Focus: Seed to Series B
Check Size: $3M-$20M
Location: Dhahran, Saudi Arabia
Website: waed.net
5. Saudi Venture Capital
Saudi Venture Capital is a government fund of funds and co-investor.
Recent Activity: Committed $133M+ across six local VC funds active in 2025
LinkedIn: Saudi Venture Capital LinkedIn
Sector Focus: Sector-agnostic, via funds
Stage Focus: Seed to Series B
Check Size: Fund and co-invest
Location: Riyadh, Saudi Arabia
Website: svc.com.sa
6. Impact46
Impact46 is a Riyadh asset manager backing Series A startups.
Recent Activity: An active Saudi Series A investor and an early backer of Rasan's Tameeni
LinkedIn: Impact46 LinkedIn
Sector Focus: Fintech, insurtech, consumer
Stage Focus: Seed, Series A, growth
Check Size: $3M-$15M
Location: Riyadh, Saudi Arabia
Website: impact46.sa
Share your metrics and track every VC open
Ellty shows when STV or Sanabil opens your metrics and model. Follow up fast.
Start free 14-day trial7. Khwarizmi Ventures
Khwarizmi Ventures backs Saudi seed and Series A founders.
Recent Activity: Closed Fund II at a $70M+ first close in 2026, backed Tamara, Calo, and HALA
LinkedIn: Khwarizmi Ventures LinkedIn
Sector Focus: Fintech, consumer tech, AI
Stage Focus: Seed to Series A
Check Size: $1M-$5M
Location: Riyadh, Saudi Arabia
Website: khwarizmivc.com
8. Shorooq Partners
Shorooq Partners is a MENA tech VC active in Saudi growth rounds.
Recent Activity: Backed Saudi fintech unicorn Tamara across its Series B and Series C rounds
LinkedIn: Shorooq Partners LinkedIn
Sector Focus: Fintech, platforms, enterprise
Stage Focus: Seed to Series B
Check Size: $2M-$15M
Location: Abu Dhabi / KSA-active
Website: shorooq.com
9. Global Ventures
Global Ventures is a UAE VC backing emerging-market scaleups.
Recent Activity: Co-invested in Zension Technologies' $30M Series A in 2025
LinkedIn: Global Ventures LinkedIn
Sector Focus: Fintech, healthtech, SaaS
Stage Focus: Series A, Series B
Check Size: $3M-$15M
Location: Dubai / KSA-active
Website: global.vc
10. Valar Ventures
Valar Ventures is a US VC, co-founded by Peter Thiel, in Saudi fintech.
Recent Activity: Co-led SILQ Group's $110M round with Sanabil in April 2025
LinkedIn: Valar Ventures LinkedIn
Sector Focus: Fintech, B2B commerce
Stage Focus: Series A to growth
Check Size: $5M-$30M
Location: New York / KSA-active
Website: valar.com
11. Peak XV Partners
Peak XV, formerly Sequoia India, joins Saudi growth rounds.
Recent Activity: An investor in SILQ Group's $110M round in 2025
LinkedIn: Peak XV Partners LinkedIn
Sector Focus: Fintech, SaaS, consumer
Stage Focus: Series A to growth
Check Size: $5M-$50M
Location: Singapore / KSA-active
Website: peakxv.com
12. Endeavor Catalyst
Endeavor Catalyst co-invests in high-growth Saudi founders.
Recent Activity: An investor in SILQ in 2025 and in Tamara's Series B
LinkedIn: Endeavor Catalyst LinkedIn
Sector Focus: Sector-agnostic scaleups
Stage Focus: Series A to growth
Check Size: $1M-$5M co-invest
Location: New York / KSA-active
Website: endeavor.org
13. 1957 Ventures
1957 Ventures is a Riyad Bank-backed SAR 1B fintech fund.
Recent Activity: Deploying a SAR 1B fund across 15+ Saudi fintech ventures from 2025
LinkedIn: 1957 Ventures LinkedIn
Sector Focus: Fintech
Stage Focus: Build-stage, seed, Series A
Check Size: Varies
Location: Riyadh, Saudi Arabia
Website: 1957ventures.com
14. Merak Capital
Merak Capital is a CMA-licensed Saudi tech investment manager.
Recent Activity: An active Saudi tech investor deploying across seed and Series A in 2025
LinkedIn: Merak Capital LinkedIn
Sector Focus: Technology, SaaS, fintech
Stage Focus: Seed, Series A
Check Size: $2M-$10M
Location: Riyadh, Saudi Arabia
Website: merak.capital
Seed to Series A in Riyadh
A Saudi seed round buys you about 18 months to grow. Series A is where you prove the whole model can scale.
The bar jumps from promise to hard, proven numbers. Vague growth stories nearly always stall at this stage.
Founders share full metrics and a model with each fund. A clean data room keeps it all in one secure place.
Work through an investment due diligence checklist early. Series A VCs reward founders who arrive fully ready.
Metrics that win a Series A
Series A VCs live in your numbers, not your story. Growth, retention, and margins decide the whole round.
Show clean monthly growth and strong net retention. A single weak metric can derail the whole round.
Strong sales numbers really carry a Series A pitch. Back them with clean and honest monthly reporting.
Send each fund your updated metrics in one Ellty link. You see exactly who opens each one, and exactly when.
Saudi Series A and global VCs
Big Saudi rounds now pull in global investors too. Valar, Peak XV, and Endeavor often join local funds.
Global money raises the bar on diligence and terms. You will face sharper questions and tougher checks.
International VCs back deals via private equity and growth funds. Clean and clear data builds their trust very fast.
Know the due diligence red flags global VCs watch. Ellty shows exactly who reads each file you share.
How to pitch a Riyadh Series A investor
Lead with growth, retention, and clean unit economics.
- 1.Show strong, clean monthly growth.Series A VCs fund momentum, not hope.
- 2.Prove healthy retention and margins.Weak retention sinks most Series A pitches.
- 3.Map a clear plan to scale.Show how the cash drives real growth.
- 4.Share one Ellty link per fund and track opens.Follow up when a VC reads your model.
How Ellty helps you land a Series A investor in Riyadh
You've found your Riyadh Series A investors already. Set up a data room before your first pitch.
- 1.Upload your metrics, model, and deck to Ellty.Set NDA-gated access per investor.
- 2.Share a unique trackable link with each fund.Each fund 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 Series A investor questions
- STV, Sanabil, Raed, and Khwarizmi. Global VCs join the bigger rounds.
- Most run $3M to $50M in 2026. Mega-rounds can go much higher.
- Real revenue, retention, and growth. A clear path to scale matters most.
- Very fast, up 437% in 2025. KSA now leads MENA on funding.
- Yes, more each year. Valar, Peak XV, and others now join rounds.
- Before outreach starts. Track who opens your metrics and model.
