About HALA Ventures
HALA Ventures is a venture capital firm founded in 2014. It is primarily based out of Al Khobar, Saudi Arabia. As of Sep 2025, HALA Ventures has invested in 21 companies. It primarily invests in Seed round in Saudi Arabia based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to FinTech and Consumer. Most recently it participated in the $***** Series A round of Intella Overall, HALA Ventures portfolio has seen 2 acquisitions, namely Krave Mart and Sanad Cash. A lot of funds co-invest with HALA Ventures, with names like 500 Global sharing a substantial percentage of its portfolio. HALA Ventures has team of 10 people including 4 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio Acquisitions
Portfolio Soonicorns
HALA Ventures' List of Top Investments
HALA Ventures has a portfolio of 21 companies. Their most notable investments are in VUZ and Rize.Their portfolio spans across Saudi Arabia, United Arab Emirates, United States and 2 more locations. They have invested in Enterprise Applications, FinTech, Consumer and 12 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by HALA Ventures:
1. Google
Provider of online platform offering diverse services, including search, email, productivity tools, and storage solutions, to individuals and organizations. It is a multifaceted technology company that offers a wide range of services including search, email, cloud storage, and productivity software, providing a comprehensive platform for personal and professional use.
Key facts about Google
- Founded Year: 1998
- Location: Mountain View (United States)
- Annual Revenue: $350B as on Dec 31, 2024
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $35M
- Employee Count: 337,774 as on Mar 31, 2026
- Investors: Black Capital Investments, Greyrock Investments and 27 Others
- Latest Funding Round: Post IPO, Jun 18, 2010, $*****
2. Sarwa
Automated investment platform for individuals. It provides a financial platform and app that lets trade stocks and ETFs, and buy and sell cryptocurrencies. It provides customized portfolios based on the investor's goal and risk appetite. Features portfolio monitoring and rebalancing, dividend reinvesting, financial planning, and access to investment advisors.
Key facts about Sarwa
- Founded Year: 2016
- Location: Dubai (United Arab Emirates)
- Stage: Series B
- Total Funding till date: $25M
- Employee Count: 124 as on Apr 30, 2026
- Investors: Mubadala, Salica Investments and 16 Others
- Latest Funding Round: Series B, May 05, 2026, $*****
- Highlight: Editors' Pick
3. Bevy
Bevy.com is a virtual and in-person community events software platform. It provides tools to plan, promote, and execute virtual and in-person events and can be used to manage and host thousands of different types of community events. The inbuilt analytics, integrations, and data security platform allow community and field marketing teams to build, grow, and scale local communities.
Key facts about Bevy
4. Krave Mart
Online retailer of groceries and everyday essentials with delivery services. The company provides a platform for consumers to purchase a variety of items. It offers delivery services to customers. The company aims to provide a convenient solution for everyday needs through its online platform.
Key facts about Krave Mart
- Founded Year: 2021
- Location: Karachi (Pakistan)
- Stage: Acquired
- Total Funding till date: $6.5M
- Employee Count: 409 as on Apr 30, 2026
- Investors: Global Founders Capital, MSA Capital and 15 Others
- Latest Funding Round: Seed, Dec 27, 2024, $*****
- Highlight: Acquired
5. VUZ
Online platform for streaming 360-degree videos. It enables users to stream virtual reality videos. The app is available for Android and iOS users.
Key facts about VUZ
- Founded Year: 2017
- Location: Los Angeles (United States)
- Stage: Series B
- Total Funding till date: $37.8M
- Employee Count: 110 as on Apr 30, 2026
- Investors: IFC, e& and 31 Others
- Latest Funding Round: Series B, May 18, 2025, $*****
- Highlight: Editors' Pick
HALA Ventures' Year-on-Year Investment Trends
HALA Ventures has invested in 21 companies over the last 8 years, with an average of 2 new investments annually in the last 5 years. In 2025, it made 3 investments. Its most recent first time investment was in Rize and most recent follow-on round was in Intella.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 3 | 3 |
2024 | 1 | 0 | 1 |
2023 | 2 | 1 | 3 |
2022 | 6 | 0 | 6 |
2021 | 0 | 1 | 1 |
2020 | 2 | 1 | 3 |
2019 | 0 | 0 | 0 |
2018 | 2 | 0 | 2 |
HALA Ventures' Investments by Stage
HALA Ventures has made 11 investments in Seed stage with an average round size of $3.24M and 2 investments in Series A stage with an average round size of $6.1M.Stage of entry | No. of Investments |
|---|---|
Seed | 11 |
Series A | 2 |
Note: We have considered here, only first round of investments
HALA Ventures' Investments by Sector
HALA Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, FinTech, Retail and Vertical SaaS. Notably, it has invested in 19 Tech companies, 13 Enterprise (B2B) companies, 11 Software companies and at least 10 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 7 |
Consumer | 5 |
FinTech | 4 |
Retail | 4 |
Vertical SaaS | 3 |
Others | 11 |
Note: We have considered here, only first round of investments
HALA Ventures' Investments by Geography
HALA Ventures has made most investments in Saudi Arabia (5), followed by United States where it has made 4 investments.Country | No. of Investments |
|---|---|
Saudi Arabia | 5 |
United States | 4 |
United Arab Emirates | 3 |
Egypt | 1 |
Note: We have considered here, only first round of investments
HALA Ventures' recent investments
HALA Ventures has not made any investment in 2026 so far.Here are the most recent investments by HALA Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 02, 2025 | Saudi Arabia | Series A | 6449 | [+4] | |
Feb 18, 2025 | Saudi Arabia | Series A | 7569 | [+3] | |
Jan 19, 2025 | Saudi Arabia | Series A | 4450 | [+4] | |
Feb 07, 2024 | Saudi Arabia | Seed | 3017 | [+4] | |
Dec 12, 2023 | Saudi Arabia | Series A | 3967 | [+3] |
Acquired companies in HALA Ventures' Portfolio
2 companies from HALA Ventures' portfolio have been acquired. The most recent acquisition was Krave Mart in Mar 2026 by inDrive for $*****.Here are HALA Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 11, 2026 | - | - | 9497 | |
Oct 20, 2025 | Jan 26, 2022 | Seed | 8860 |
Team profile of HALA Ventures
HALA Ventures has a team of 10 members including 4 Partners located in Saudi Arabia. HALA Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in HALA Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Saudi Arabia | - | ||
Partner | - | - | - | |
Partner | - | - | - | |
Partner | - | - | - |
Co-investors of HALA Ventures
Over the past 8 years, 106 investors have co-invested in HALA Ventures's portfolio companies. This includes funds and angels.
- Invested before HALA Ventures: Seedra Ventures, Dubai Silicon Oasis and 9 others have invested in rounds before HALA Ventures. There are 2 companies where Seedra Ventures has invested before HALA Ventures and 1 company where Dubai Silicon Oasis has invested before HALA Ventures.
- Top Co-investors of HALA Ventures: 53 investors entered a company along with HALA Ventures. These include investors like 500 Global (4 companies).
- Invested after HALA Ventures: A total of 42 investors have invested in HALA Ventures's portfolio after their investments. Top Investors include Wa'ed Ventures (2 companies), KIPCO (1 company) and DIFC (1 company).
Recent News related to HALA Ventures
•
Intella Group Egypt Secures $12.5M to Advance Arabic AI and Expand Across MENAInnovation-village•Sep 02, 2025•Intella, Prosus, 500 Global, Intella and 6 others
•
Saudi-based Torod secures $11.3M in Series A fundingAssiyaq•Feb 17, 2025•TOROD, Wa'ed Ventures, Elm, Impact46 and 2 others
•
Rize Closes Series A Investment Round of (USD 35 million) SAR 132 Millionentarabi.com•Jan 19, 2025•Rize, Raed Ventures, Seedra Ventures, Joa Capital and 7 others
•
Saudi’s Rize closes $2.9M in seed round. 2 other stories and a triviaThe Paradise News•Feb 07, 2024•Rize, Seedra Ventures, HALA Ventures, Joa Capital and 5 others
•
NearPay Closes USD 13.8M in Series A investment led by Sanabil InvestmentsWAYA Media•Dec 13, 2023•Nearpay, Sanabil, Vision Ventures, HALA Ventures and 2 others
•
Omniful raises $5.85 million Seed for Mena expansionWamda•Dec 05, 2023•Omniful, VentureSouq, 500 Global, DASH Ventures and 10 others
•
Egyptian AI startup Intella raises $3.4m from Saudi investorsArab News•Oct 04, 2023•intella, HALA Ventures, Wa'ed Ventures, Aramco and 4 others
•
Kaso Raises $10.5M in Seed FundingFinSMEs•Jul 22, 2023•KASO, B&Y Venture Partners, HALA Ventures, Seedra Ventures and 8 others
•
DailyMealz raises $5M in Pre-Series AMAGNiTT•Mar 29, 2022•DailyMealz, HALA Ventures, Veda Holding, Seedra Ventures and 1 other
•
PointCheckout raises $600k to let users pay online with their reward pointsPointCheckout•Apr 10, 2019•PointCheckout, Arzan Venture Capital, 500 Global, Dubai Angel Investors and 2 others
