Investor
Wa'ed Ventures
Fund · backs 5 companies
Companies
FM featuredFM30
UAEFintech
UAEFintechWahed
Sharia-compliant investing app offering halal portfolios, ETFs and property investments
$300mValuation
215Headcount
13.8%Growth
FM30
Saudi ArabiaRetail
Saudi ArabiaRetailZid
Zid is a Saudi e-commerce enablement platform that lets merchants launch online stores, with over 10,000 merchants using its services.
$275mValuation
699Headcount
36.3%Growth
FM30 Saudi ArabiaFood & hospitality
Saudi ArabiaFood & hospitalityCOFE
COFE App is the region’s on-demand coffee and agentic commerce super app, founded in Kuwait and now headquartered in Saudi Arabia.
$178mValuation
87Headcount
4.8%Growth
FM30 Saudi ArabiaLogistics
Saudi ArabiaLogisticsSalasa
Salasa is a Saudi e-commerce fulfilment platform handling warehousing, packaging and delivery for merchants, with a $30 million Series B.
$165mValuation
236Headcount
23.6%Growth
FM30 Saudi ArabiaAI
Saudi ArabiaAILucidya
Lucidya is a Saudi AI-native customer experience management platform serving clients across 13 countries, with a $30 million Series B.
$165mValuation
368Headcount
54.6%Growth
