SEEDRA Ventures
Riyadh early-stage VC backing Saudi and MENA tech startups from pre-seed to Series A.
🇸🇦 Riyadh, Riyadh Province · Founded 2019
Pre-seed to Series A·Leads or follows
SEEDRA Ventures is an early-stage venture capital firm based in Riyadh, Saudi Arabia, licensed by the Capital Market Authority. It was founded in 2019 and is led by Haitham Alforaih, Founding Partner and CEO. It invests from pre-seed to Series A in technology startups in Saudi Arabia and the wider MENA region. It also runs SEEDRA Studio, a pre-seed platform for regional entrepreneurs. Its second fund is backed by Saudi Venture Capital (SVC) and Jada Fund of Funds.
What they invest in
We partner with passionate entrepreneurs and post-MVP ventures to build scalable market-leading technology companies through active strategic collaboration.
- Stage
- Pre-seed to Series A
- Role in a round
- Leads or follows
- Fund
- Fund II · backed by SVC and Jada Fund of Funds
- AI
- Fintech
- Proptech
- SaaS
- Logistics
- Saudi Arabia
- MENA
How to pitch
They read inbound pitches that match the criteria above.
Open to
- Pitches from founders
- Co-investment
Founders can reach the team through the form on its Connect page. SEEDRA leads some rounds and joins others led by other funds.
Portfolio
SEEDRA lists 36 companies on its own site, with investment years from 2018 to 2026. Most are pre-seed, seed or Series A rounds in Saudi startups, with a few in Egypt and the UAE. Sectors include fintech, SaaS, AI, logistics, proptech and edtech.
Some of the companies they have backed
The portfolio at a glance · 30 companies · 2019–2026 · led 3
Sectors
- Fintech20%
- Edtech7%
- HR tech7%
- Proptech7%
- Other53%
Stage when they invested
- Pre-seed30%
- Seed37%
- Series A23%
- Series B3%
Where the companies are
- 🇸🇦 Saudi Arabia53%
- 🇪🇬 Egypt3%
29 of the 36 companies on SEEDRA's site plus Gaia from press, as of Oct 2026. Stage and year follow SEEDRA's site. Zid, WakeCap and Telfaz11 are among those left out.
Co-investors and partners
Funds that invested in the same rounds.
