About Seedra Ventures
Seedra Ventures is a venture capital firm founded in 2020. It is primarily based out of Riyadh, Saudi Arabia. As of Aug 2026, Seedra Ventures is an active investor, having invested in 36 companies, with 5 new investments in the last 12 months. 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 Consumer and Retail. Most recently it participated in the $***** Seed round of Rime Overall, Seedra Ventures portfolio has seen 1 unicorn, namely Tamara. A lot of funds co-invest with Seedra Ventures, with names like 500 Global sharing a substantial percentage of its portfolio. Seedra Ventures has team of 11 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio Unicorns
Portfolio Soonicorns
Seedra Ventures' List of Top Investments
Seedra Ventures has a portfolio of 36 companies, one of which is a Unicorn. Their most notable investments are in CLoud Shelf and Gameball.Their portfolio spans across Saudi Arabia, United States, United Arab Emirates and 4 more locations. They have invested in Enterprise Applications, Consumer, Retail and 18 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Seedra Ventures:
1. Noon
App-based platform offering online tutoring solutions for students. The platform allows students to join live interactive classes with gamified peer learning features, practice questions, learn in groups, and more. Its app is available for Android and iOS devices.
Key facts about Noon
- Founded Year: 2013
- Location: Riyadh (Saudi Arabia)
- Stage: Series B
- Total Funding till date: $62.6M
- Employee Count: 495 as on Jun 30, 2026
- Investors: 500 Global, STV and 16 Others
- Latest Funding Round: Series B, Nov 02, 2023, $*****
- Highlight: Editors' Pick

2. Tamara
Provider of buy-now-pay-later payment solutions. It allows shoppers to split purchases into installments, offering flexible payment options at various retail locations. The service is designed to be simple and secure, with a focus on Sharia compliance. It facilitates transactions both online and in physical stores.
Key facts about Tamara
- Founded Year: 2020
- Location: Riyadh (Saudi Arabia)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $556M
- Employee Count: 1,349 as on May 31, 2026
- Investors: Goldman Sachs, Citi and 16 Others
- Latest Funding Round: Conventional Debt, Sep 15, 2025, $*****
- Highlight: Editors' Pick
3. WakeCap
Provider of sensor-powered project-controls system for workforce visibility and intelligence. The system uses smart sensors in hard hats, vehicles, and tools to stream real-time location and activity. Field applications capture daily plans, permits, and logs, linking people, assets, and paperwork. A self-forming anchor network collects data without GPS, Wi-Fi, or cabling. The dashboard fuses sensor and application data into maps, KPIs, and alerts.
Key facts about WakeCap
- Founded Year: 2017
- Location: Riyadh (Saudi Arabia)
- Stage: Series B
- Total Funding till date: $32M
- Employee Count: 117 as on Jun 30, 2026
- Investors: SOSV, UP.Partners and 9 Others
- Latest Funding Round: Series B, May 14, 2025, $*****
- Highlight: Editors' Pick
4. Lucidya
Lucidya is a location based social media monitoring and analytics tool. Claims to analyze both current and historical social media content in real-time using its patented big spatial data search engine - SpatialSwift. Offers street-level location-based analysis using Hawk Eye. Provides real time alerts, competitive analysis and benchmarking dashboard, customizable dashboard and reporting.
Key facts about Lucidya
- Founded Year: 2015
- Location: Jeddah (Saudi Arabia)
- Stage: Series B
- Total Funding till date: $37.1M
- Employee Count: 353 as on Jun 30, 2026
- Investors: 500 Global, Impact46 and 15 Others
- Latest Funding Round: Series B, Jul 14, 2025, $*****
- Highlight: Editors' Pick

5. Lendo
Online platform for invoice financing. It offers a P2P marketplace that connects businesses and investors for financing unpaid invoices. Businesses can register and upload the invoices, the request is sent to multiple investors. Once approved, the funds are transferred to the registered bank account. It features real-time alerts on bankable investments to investors.
Key facts about Lendo
- Founded Year: 2019
- Location: Riyadh (Saudi Arabia)
- Stage: Series B
- Total Funding till date: $35.2M
- Employee Count: 167 as on Jun 30, 2026
- Investors: 500 Global, Sanabil and 7 Others
- Latest Funding Round: Conventional Debt, Jan 30, 2025, $*****
- Highlight: Editors' Pick
Seedra Ventures' Year-on-Year Investment Trends
Seedra Ventures has invested in 36 companies over the last 5 years, with an average of 4 new investments annually in the last 5 years. In 2025, it made 5 investments, while as of Aug 2026, it has made 6 investments in this year. Its most recent first time investment was in Rime and most recent follow-on round was in SiFi.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 5 | 1 | 6 |
2025 | 0 | 5 | 5 |
2024 | 3 | 1 | 4 |
2023 | 7 | 0 | 7 |
2022 | 5 | 1 | 6 |
2021 | 8 | 0 | 8 |
Seedra Ventures' Investments by Stage
Seedra Ventures has made 23 investments in Seed stage with an average round size of $4.07M and 5 investments in Series A stage with an average round size of $15.7M.Stage of entry | No. of Investments |
|---|---|
Seed | 23 |
Series A | 5 |
Note: We have considered here, only first round of investments
Seedra Ventures' Investments by Sector
Seedra Ventures has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, FinTech, Retail and Gig Economy. Notably, it has invested in 31 Tech companies, 23 Enterprise (B2B) companies, 20 Software companies and at least 14 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Consumer | 13 |
Enterprise Applications | 12 |
FinTech | 8 |
Retail | 7 |
Gig Economy | 5 |
Others | 27 |
Note: We have considered here, only first round of investments
Seedra Ventures' Investments by Geography
Seedra Ventures has made most investments in Saudi Arabia (18), followed by United Arab Emirates where it has made 3 investments.Country | No. of Investments |
|---|---|
Saudi Arabia | 18 |
United Arab Emirates | 3 |
United States | 3 |
Egypt | 2 |
Kuwait | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Seedra Ventures' recent investments
Seedra Ventures has made 6 investments in 2026 so far. Rime and Madeed are the latest among them.Here are the most recent investments by Seedra Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 04, 2026 | Saudi Arabia | Seed | 5335 | [+1] | |
May 05, 2026 | Saudi Arabia | Seed | 4779 | - | |
Apr 27, 2026 | Qatar | Seed | 1688 | [+2] | |
Apr 21, 2026 | Saudi Arabia | Series A | 5190 | [+3] | |
Feb 17, 2026 | Saudi Arabia | Seed | 6105 | [+2] |
Unicorns in Seedra Ventures' Portfolio
Seedra Ventures has 1 unicorn in its portfolio - Tamara. The most recent unicorn in their portfolio is Tamara which became a unicorn in 2023, 2 years after Seedra Ventures first invested in it.Here is a list of unicorns in Seedra Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
68 | Provider of buy-now-pay-later payment solutions | 2020 | Riyadh | Series C | xvsphzz |
Team profile of Seedra Ventures
Seedra Ventures has a team of 11 members including 2 Partners, 1 Venture Partner and 2 Principals located in Saudi Arabia. Seedra Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in Seedra Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Riyadh | - | ||
Partner | Saudi Arabia | - | - | |
Venture Partner | - | - | ||
Principal | Riyadh | - | ||
Principal | Riyadh | - |
Co-investors of Seedra Ventures
Over the past 5 years, 112 investors have co-invested in Seedra Ventures's portfolio companies. This includes funds and angels.
- Invested before Seedra Ventures: 500 Global, VentureSouq and 13 others have invested in rounds before Seedra Ventures. There are 2 companies where 500 Global has invested before Seedra Ventures and 1 company where VentureSouq has invested before Seedra Ventures.
- Top Co-investors of Seedra Ventures: 64 investors entered a company along with Seedra Ventures. These include investors like 500 Global (7 companies).
- Invested after Seedra Ventures: A total of 33 investors have invested in Seedra Ventures's portfolio after their investments. Top Investors include Sanabil (2 companies), Middle East Venture Partners (2 companies) and Nour Nouf Venture (2 companies).
Recent News related to Seedra Ventures
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Saudi Venture Capital Invests in Seedra Ventures Fund II to Boost Early-Stage Tech StartupsMeatechwatch•Jul 21, 2026•SVC, Seedra Ventures
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Saudi Tech Startup Signit Raises $15M in Series A Led by Raed VenturesCairoScene•Apr 21, 2026•Takamol, Suhail, Signit, Seedra Ventures and 3 others
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Solidrange Raises $2.4M in Seed Funding to Scale AI-Led ComplianceCairoScene•Feb 17, 2026•tali ventures, Sadu Capital, Seedra Ventures, Sharaka and 1 other
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Squadio Raises $3 Million to Scale AI-Powered Global Tech Hiring from Saudi ArabiaMeatechwatch•Oct 28, 2025•Squadio, NTDP Saudi Arabia, Seedra Ventures, Nour Nouf Venture and 1 other
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Spare Secures USD 5 Million in Pre-Series A Funding for Open Banking InfrastructureMeatechwatch•Sep 17, 2025•Spare, Vision Ventures, Arab National Bank, Seedra Ventures and 3 others
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PIESHIP raised $2.1 M Seed funding from Nama VenturesIncubees•Feb 17, 2025•Pieship, Nama Ventures, Seedra Ventures
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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
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Saudi VC SEEDRA onboards sovereign investor as LP for second fundVCCircle•Nov 20, 2024•Seedra Ventures, Jada
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The SIFI expenses management startup raises 10 million dollars to continue growing in Saudi Arabiaesdelatino.com•Jun 03, 2024•SiFi, Public Investment Fund, Sanabil, Raed Ventures and 7 others