About BIM Ventures
BIM Ventures, an accelerator and incubator program founded in 2017, is based in Riyadh, Saudi Arabia. With a presence in 4 countries, it has supported around 11 startups in sectors like Enterprise Applications, Consumer. As of Apr 2026, BIM Ventures has witnessed 1 portfolio exit. Most notable companies in
its portfolio include iStoria, Takadao and CASHIN. The program is backed by a team of 12 people who primarily support Seed startups based in Saudi Arabia. Its latest investment was a $7.52M Seed round in Muhlah on Mar 13, 2026, which also saw participation from SBI Group and AlSuhaimi Group Holding.
Key Metrics
Founded Year
2017
Location
Riyadh, Saudi Arabia
Sectors of Investment
Stages of Investment
Seed
Locations of Investment
BIM Ventures' List of Top Investments
BIM Ventures has a portfolio of 11 companies. Their most notable investments are in iStoria and Conix.Their portfolio spans across Saudi Arabia, Egypt, Singapore and 1 more locations. They have invested in Enterprise Applications, Consumer, Blockchain Technology and 12 other sectors, across stages such as Seed stage. Here is the list of top investments by BIM Ventures:
1. iStoria
Mobile-based platform providing English language learning solutions. The platform offers word translation solutions, educational stories, progress trackers, alarm solutions, and more. Its mobile app is available for Android and iOS devices.
Key facts about iStoria
- Founded Year: 2020
- Location: Riyadh (Saudi Arabia)
- Stage: Seed
- Total Funding till date: $1.33M
- Employee Count: 11 as on Jul 01, 2024
- Investors: Flat6Labs, BIM Ventures and 2 Others
- Latest Funding Round: Seed, Jan 28, 2024, $*****

2. Takadao
Platform that provides blockchain-based mutual insurance and savings solutions. It allows communities to establish decentralized organizations that pool funds to provide financial protection. It builds technology that enables communities to pool funds and support one another without relying on traditional financial institutions.
Key facts about Takadao
- Founded Year: 2022
- Location: Singapore (Singapore)
- Stage: Seed
- Total Funding till date: $3.1M
- Investors: Draper, BIM Ventures and 8 Others
- Latest Funding Round: Seed, Nov 17, 2025, $*****
- Highlight: Editors' Pick

3. CASHIN
Virtual POS terminals for merchants and businesses. It enables merchants to accept online payments via credit/debit cards. It also provides solutions for invoicing, e-invoices for offline modes, and more.
Key facts about CASHIN
- Founded Year: 2020
- Location: Riyadh (Saudi Arabia)
- Stage: Series A
- Total Funding till date: $17.6M
- Employee Count: 34 as on Jul 01, 2024
- Investors: Impact46 and BIM Ventures
- Latest Funding Round: Series A, Feb 16, 2026, $*****
- Highlight: Editors' Pick

4. Sanad Cash
Key facts about Sanad Cash
- Founded Year: 2020
- Location: United States
- Stage: Acquired
- Total Funding till date: $1.6M
- Employee Count: 9 as on Jul 01, 2024
- Investors: Impact46, 500 Global and 3 Others
- Latest Funding Round: Seed, Jan 26, 2022, $*****
- Highlight: Acquired

5. Tygo
Key facts about Tygo
- Location: Riyadh (Saudi Arabia)
- Stage: Seed
- Total Funding till date: $1.8M
- Investors: BIM Ventures and 1 Other
- Latest Funding Round: Seed, Mar 31, 2021, $*****
BIM Ventures' Year-on-Year Investment Trends
BIM Ventures has invested in 11 companies over the last 5 years, with an average of 2 new investments annually in the last 5 years. As of Mar 2026, it has made 1 investment in this year. Its most recent first time investment was in Muhlah.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 0 | 0 | 0 |
2024 | 2 | 0 | 2 |
2023 | 2 | 0 | 2 |
2022 | 3 | 0 | 3 |
2021 | 3 | 0 | 3 |
BIM Ventures' Investments by Stage
BIM Ventures has made 11 investments in Seed stage with an average round size of $2.12M.BIM Ventures' Investments by Sector
BIM Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, FinTech, Real Estate and Construction Tech and Blockchain - Industry Applications. Notably, it has invested in 8 Tech companies, 5 Enterprise (B2B) companies, 5 Software companies and at least 4 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 4 |
Consumer | 3 |
FinTech | 2 |
Real Estate and Construction Tech | 2 |
Blockchain - Industry Applications | 1 |
Others | 13 |
Note: We have considered here, only first round of investments
BIM Ventures' Investments by Geography
BIM Ventures has made most investments in Saudi Arabia (8), followed by Egypt where it has made 1 investment.Country | No. of Investments |
|---|---|
Saudi Arabia | 8 |
Egypt | 1 |
Singapore | 1 |
United States | 1 |
Note: We have considered here, only first round of investments
BIM Ventures' recent investments
BIM Ventures has made 1 investments in 2026 so far - Muhlah.Here are the most recent investments by BIM Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 13, 2026 | Saudi Arabia | Seed | 5950 | [+1] | |
Sep 18, 2024 | Saudi Arabia | Seed | 3496 | [+1] | |
Jan 28, 2024 | Saudi Arabia | Seed | 8620 | [+2] | |
Oct 19, 2023 | Singapore | Seed | 9153 | [+1] | |
Feb 09, 2023 | Saudi Arabia | Seed | 3421 | - |
Acquired companies in BIM Ventures' Portfolio
1 company from BIM Ventures' portfolio has been acquired. The most recent acquisition were Sanad Cash in Oct 2025 by Qashio.Here are BIM Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 20, 2025 | Jan 26, 2022 | Seed | 3517 |
Team profile of BIM Ventures
BIM Ventures has a team of 12 members including 3 Partners, 1 Venture Partner and 4 Principals located in Saudi Arabia. BIM Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in BIM Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Riyadh | - | ||
Partner | Saudi Arabia | - | ||
Partner | Riyadh | - | - | |
Venture Partner | Riyadh | - | - | |
Principal | Riyadh | - | ||
Principal | Riyadh | - | ||
Principal | Riyadh | - | - | |
Principal | Riyadh | - |
Co-investors of BIM Ventures
Over the past 5 years, 23 investors have co-invested in BIM Ventures's portfolio companies. This includes only funds.
- Invested before BIM Ventures: Nama Ventures and Watheeq Proptech Venture have invested in rounds before BIM Ventures. There is 1 company where Nama Ventures has invested before BIM Ventures and 1 company where Watheeq Proptech Venture has invested before BIM Ventures.
- Top Co-investors of BIM Ventures: 14 investors entered a company along with BIM Ventures. These include investors like Classera (1 company).
- Invested after BIM Ventures: A total of 7 investors have invested in BIM Ventures's portfolio after their investments. Top Investors include Adaverse (1 company) and HASAN.VC (1 company).
Recent News related to BIM Ventures
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Muhlah Closes $7.5 Million Seed Round Led by BIM Ventures and SBI GroupSaentrepreneurs•Mar 14, 2026•Muhlah, AlSuhaimi Group Holding, BIM Ventures, SBI Group and 1 other
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Darent closes a Seed round led by Al Tawuniya InsuranceWamda•Sep 18, 2024•Darent, Tawuniya, Morgan Stanley, BIM Ventures
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Saudi Edtech Istoria Secures $1.3 Million In Seed Funding RoundStartup Scene ME•Feb 03, 2024•iStoria, Nama Ventures, Classera, Flat6Labs and 1 other
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Edtech iStoria concludes its Seed round at $1.3 MIncubees•Jan 29, 2024•iStoria, Nama Ventures, Classera, Flat6Labs and 1 other
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Saudi Arabian proptech AtarCloud raises $1.3 million in a seed roundTechloy•Dec 27, 2022•AtarCloud, BIM Ventures, Minesgroup
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