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Elm

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 10
Average round size
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The average size of a deal this fund participated in
$21M
Portfolio companies 8
Rounds per year 0.26
Lead investments 1
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.20
Key employees Soon

Areas of investment

  • Internet
  • E-Commerce
  • Automotive
  • Online Portals
  • Auto Insurance

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Reachware

B2B
Business Information Systems
Business Intelligence
Cloud Infrastructure
Cloud Management
IT Management
PaaS
SaaS
$3M05 Sep 2024 Riyadh, Ar Riyad, Saudi Arabia

Syarah

Auto Insurance
Automotive
E-Commerce
Internet
Online Portals
Service Industry
$40M02 Sep 2024 Saudi Arabia, Riyadh Region, Saudi Arabia

Youverify

Artificial Intelligence
Developer APIs
Identity Management
Information Services
Information Technology
$2M14 Mar 2024 Lagos, Lagos, Nigeria

FlyAkeed

Air Transportation
Business Travel
Enterprise Software
SaaS
Travel
Travel Agency
$15M22 Aug 2023 Riyadh, Ar Riyad, Saudi Arabia

Telgani

Apps
Car Sharing
Mobile Apps
Rental
$6M15 Feb 2023 Saudi Arabia, Riyadh Region, Saudi Arabia

Carefer

Automotive
Fleet Management
Software
$2M06 Feb 2023 Riyadh, Ar Riyad, Saudi Arabia

Zid زد

E-Commerce
Internet
Retail
$50M17 Oct 2022 Saudi Arabia, Riyadh Region, Saudi Arabia

Syarah

Auto Insurance
Automotive
E-Commerce
Internet
Online Portals
Service Industry
$19M02 Aug 2021 Saudi Arabia, Riyadh Region, Saudi Arabia

HealthifyMe

Apps
Fitness
Health Care
mHealth
$72M20 Jul 2021 Bengaluru, Karnataka, India

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Total investments 10
Average round size 21M
Rounds per year 0.26
Peak activity year 2024
Lead investments 1
Follow on index 0.20
Group Appearance index 0.90

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Reachware

B2B
Business Information Systems
Business Intelligence
Cloud Infrastructure
Cloud Management
IT Management
PaaS
SaaS
$3M05 Sep 2024 Riyadh, Ar Riyad, Saudi Arabia

Syarah

Auto Insurance
Automotive
E-Commerce
Internet
Online Portals
Service Industry
$40M02 Sep 2024 Saudi Arabia, Riyadh Region, Saudi Arabia

Youverify

Artificial Intelligence
Developer APIs
Identity Management
Information Services
Information Technology
$2M14 Mar 2024 Lagos, Lagos, Nigeria

FlyAkeed

Air Transportation
Business Travel
Enterprise Software
SaaS
Travel
Travel Agency
$15M22 Aug 2023 Riyadh, Ar Riyad, Saudi Arabia

Telgani

Apps
Car Sharing
Mobile Apps
Rental
$6M15 Feb 2023 Saudi Arabia, Riyadh Region, Saudi Arabia

Carefer

Automotive
Fleet Management
Software
$2M06 Feb 2023 Riyadh, Ar Riyad, Saudi Arabia

Zid زد

E-Commerce
Internet
Retail
$50M17 Oct 2022 Saudi Arabia, Riyadh Region, Saudi Arabia

Syarah

Auto Insurance
Automotive
E-Commerce
Internet
Online Portals
Service Industry
$19M02 Aug 2021 Saudi Arabia, Riyadh Region, Saudi Arabia

HealthifyMe

Apps
Fitness
Health Care
mHealth
$72M20 Jul 2021 Bengaluru, Karnataka, India
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