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Top Angel Investors in Saudi Arabia (2026): The Kingdom's Startup Revolution

Datapile Research

Datapile Research

Investor Intelligence

Updated
17 min read
Top Angel Investors in Saudi Arabia (2026): The Kingdom's Startup Revolution

Featured Investors

25 Profiles
Shane Shin
Shane Shin
Founding Partner
Shorooq Partners

Founding Partner at Shorooq Partners

Riyadh, Saudi ArabiaVC Partner
Technologycountry:Saudi ArabiaFinancial Markets
Kashif Riaz
Kashif Riaz
Managing Director, Financial Markets Advisory
BlackRock

Managing Director, Financial Markets Advisory at BlackRock

Riyadh, Saudi ArabiaManaging Director
FintechFinancial ServicesBloombergFinancial Markets
Ibrahim Alalwan
Ibrahim Alalwan
Managing Director and partner
وثيق المالية | Watheeq Capital

Managing Director and partner at وثيق المالية | Watheeq Capital

Riyadh, Saudi ArabiaVC Partner
Technologycountry:Saudi ArabiaInvestment Banking
Yousef Alyousefi
Yousef Alyousefi
Chief Executive Officer and Managing Partner at S3 Ventures
Joa Capital

Chief Executive Officer and Managing Partner at S3 Ventures at Joa Capital

Saudi ArabiaManaging Partner
Technologycountry:Saudi ArabiaJoint Ventures
Mohammed Alzubi
Mohammed Alzubi
Founder and Managing Partner
Nama Ventures

Founder and Managing Partner at Nama Ventures

Riyadh, Saudi ArabiaManaging Partner
TechnologyVenture Capital & Private Equityangel investorcountry:Saudi Arabia
Fadi Arbid
Fadi Arbid
Founding Partner - CIO
Amwal Capital Partners

Founding Partner - CIO at Amwal Capital Partners

Saudi ArabiaVC Partner
TechnologyFinancial Servicesangel investorAlternative Investments
William Bean
William Bean
Managing General Partner
Orbit Ventures

Managing General Partner at Orbit Ventures

Riyadh, Saudi ArabiaVC Partner
Technologyangel investorVenture Capital
Haitham Alforaih
Haitham Alforaih
Managing Partner
SEEDRA Ventures

Managing Partner at SEEDRA Ventures

Riyadh, Saudi ArabiaManaging Partner
Technologycountry:Saudi ArabiaVenture Capital
Sajid Riaz
Sajid Riaz
Managing Partner
Himmah Capital Limited

Managing Partner at Himmah Capital Limited

Riyadh, Saudi ArabiaManaging Partner
Technologycountry:Saudi ArabiaStructuring
Lucien Zeigler
Lucien Zeigler
General Partner
MASNA Ventures

General Partner at MASNA Ventures

Riyadh, Saudi ArabiaVC Partner
Technologycountry:Saudi ArabiaBusiness Development
Omar Almajdouie
Omar Almajdouie
Founding Partner
Raed Ventures

Founding Partner at Raed Ventures

Saudi ArabiaVC Partner
Technologycountry:Saudi ArabiaNegotiation
Graham Bell
Graham Bell
MANAGING PARTNER
Bridge Partners

MANAGING PARTNER at Bridge Partners

Riyadh, Saudi ArabiaManaging Partner
Technologycountry:Saudi ArabiaVenture Capital
Tarek Alrumaim
Tarek Alrumaim
Co Founder and Managing Partner
Watar Partners

Co Founder and Managing Partner at Watar Partners

Saudi ArabiaManaging Partner
Technologycountry:Saudi ArabiaCorporate Finance
Igor Glotkin
Igor Glotkin
Managing Partner
BRISE Capital

Managing Partner at BRISE Capital

Riyadh, Saudi ArabiaManaging Partner
Technologycountry:Saudi ArabiaInvestments
Andrea Nogara
Andrea Nogara
Managing Director and Partner
The Boston Consulting Group (BCG)

Managing Director and Partner at The Boston Consulting Group (BCG)

Saudi ArabiaVC Partner
Technologycountry:Saudi ArabiaMicrosoft Office
Zaid Ghoul
Zaid Ghoul
Managing Director, Head of Investment Banking
SNB Capital

Managing Director, Head of Investment Banking at SNB Capital

Saudi ArabiaManaging Director
Technologyangel investorcountry:Saudi Arabia
Wassim Heneine
Wassim Heneine
Co-founder and Managing Director
Emerging Investment Partners (EIP)

Co-founder and Managing Director at Emerging Investment Partners (EIP)

Riyadh, Saudi ArabiaManaging Director
Technologyangel investorcountry:Saudi Arabia
Rouland Mardini
Rouland Mardini
Managing Director
Manhattan Capital - Middle East

Managing Director at Manhattan Capital - Middle East

Saudi ArabiaManaging Director
Technologyangel investorcountry:Saudi Arabia
Hesham Alzaid
Hesham Alzaid
Managing Director - Head of Real Estate
Riyad Capital

Managing Director - Head of Real Estate at Riyad Capital

Saudi ArabiaManaging Director
Technologycountry:Saudi ArabiaPrivate Equity
Ibrahim Almojel
Ibrahim Almojel
Founding Partner
Khwarizmi Holding

Founding Partner at Khwarizmi Holding

Riyadh, Saudi ArabiaVC Partner
Technologycountry:Saudi ArabiaResearch
Eddy Chakra
Eddy Chakra
Managing Partner
VANGUARDS Consulting

Managing Partner at VANGUARDS Consulting

Riyadh, Saudi ArabiaManaging Partner
Technologycountry:Saudi ArabiaBalanced Scorecard
Fouad Alrashed
Fouad Alrashed
Managing Partner
Sas Holding

Managing Partner at Sas Holding

Saudi ArabiaManaging Partner
Technologycountry:Saudi ArabiaBudgets
Ahmad Saade
Ahmad Saade
Managing Partner
IMS (Intelligent Media Services)

Managing Partner at IMS (Intelligent Media Services)

Saudi ArabiaManaging Partner
Technologycountry:Saudi ArabiaStrategy
Bader Alamoudi
Bader Alamoudi
Managing Director - Senior Country Officer Saudi Arabia and Bahrain
JPMorganChase

Managing Director - Senior Country Officer Saudi Arabia and Bahrain at JPMorganChase

Saudi ArabiaManaging Director
AI/MLcountry:Saudi ArabiaAsset Management
Ronald Maalouf
Ronald Maalouf
Managing Director and Senior Partner | Principal Investors and Private Equity
Boston Consulting Group (BCG)

Managing Director and Senior Partner | Principal Investors and Private Equity at Boston Consulting Group (BCG)

Riyadh, Saudi ArabiaPrincipal
Technologycountry:Saudi ArabiaFinancial Risk

Angel Investors in Saudi Arabia: The Kingdom's Startup Revolution

Looking for angel investors in Saudi Arabia? This Saudi Arabia angel investors list covers 76+ verified investors across Riyadh, Jeddah, and the Eastern Province. Under Vision 2030, the Kingdom is experiencing an unprecedented transformation, with the government committing over $1 trillion to economic diversification and actively nurturing its startup ecosystem.

This comprehensive Saudi angel investor database includes tech entrepreneurs, corporate executives from ARAMCO and SABIC alumni networks, family business heirs, and professional investors backed by some of the world's deepest capital reserves. Updated for 2026 with verified contact information.

Saudi Arabia Startup Ecosystem (2026)

$2.5B+
VC Investment (2026)
76+
Active Investors
$50K-$500K
Angel Check Size
#1

Top Saudi Arabia Angel Investors

Why Saudi Arabia for Startups?

🏗️ Vision 2030

Massive government commitment to economic diversification with $1T+ in planned investments. Startup-friendly regulations and special economic zones like NEOM.

💰 Deep Capital

The Public Investment Fund (PIF) manages $930B+, with significant allocations to tech and venture. Saudi Venture Capital Company (SVC) provides co-investment for startups.

👥 Young Population

70% of the population is under 35. Highly connected, tech-savvy consumers driving demand for digital services, e-commerce, and entertainment.

Investment Focus by Industry

Saudi Startup Hubs

🏙️ Riyadh

The capital and main startup hub. Home to the PIF, major corporate HQs, and the rapidly growing King Abdullah Financial District. KAUST and KACST drive research-backed innovation.

🌊 Jeddah

The commercial gateway city on the Red Sea. Strong in e-commerce, logistics, and hospitality tech. KAUST nearby fuels deep tech startups.

🛢️ Al Khobar / Dhahran

Eastern Province hub near ARAMCO HQ. Strong in energy tech, industrial automation, and B2B solutions. Growing fintech ecosystem.

🏗️ NEOM

Mega-project smart city attracting innovation in AI, robotics, renewable energy, and urban tech. Significant government-backed investment opportunities.

Notable Saudi Success Stories

🚗 Jahez

Saudi food delivery giant. IPO'd on the Saudi stock exchange (Tadawul) at $2.4B valuation. Early angels saw massive returns.

💳 Tamara

BNPL fintech unicorn. Raised $340M+ and serves millions of consumers across Saudi Arabia and the GCC region.

🏥 Nana

Online grocery delivery platform. Raised $133M and expanded rapidly during and after the pandemic across Saudi Arabia.

💰 Stc Pay (now stcpay)

Digital wallet and payments platform valued at $1.3B. Saudi Arabia's first fintech unicorn, backed by STC and Western Union.

Saudi Angel Networks & Groups

Oqal Angel Network
Leading Network

One of the largest angel investor networks in MENA. 200+ members investing in early-stage startups across the region.

Saudi Venture Capital Company (SVC)
Government-Backed

PIF subsidiary investing in VC funds and co-investing with angels. Deployed $1B+ in the Saudi startup ecosystem.

Wa'ed Ventures

ARAMCO's entrepreneurship arm. Provides funding, mentorship, and access to ARAMCO's global network and infrastructure.

Flat6Labs Riyadh

MENA's leading startup accelerator with a strong presence in Riyadh. Seed funding + mentorship for early-stage startups.

Hot Sectors in Saudi Arabia (2026)

💰
Fintech
Payments, BNPL, neobanks
🤖
AI/ML
Enterprise AI, automation
🛒
E-commerce
Social commerce, D2C
🎮
Gaming & Entertainment
Savvy Games, esports
🏥
HealthTech
Digital health, telemedicine
🌱
CleanTech
Solar, hydrogen, sustainability

How to Approach Saudi Angel Investors

Building relationships is critical in Saudi Arabia's business culture. Here are best practices for founders seeking Saudi angel investment:

Best Practices for Saudi Investor Outreach

  • Build personal relationships: Saudi business culture values trust and personal connections. Attend in-person events in Riyadh and Jeddah.
  • Leverage Oqal Network: Apply through Oqal, the largest angel network in MENA, for warm introductions to Saudi investors.
  • Align with Vision 2030: Show how your startup supports Saudi Arabia's diversification goals in tech, entertainment, or tourism.
  • Demonstrate MENA market understanding: Saudi investors want to see region-specific product-market fit and Arabic-first experiences.
  • Highlight regulatory compliance: Show awareness of SAMA (central bank) and CMA regulations, especially for fintech.

For more guidance on effective investor communication, read our investor email outreach guide. Browse all Saudi investors on our Saudi Arabia investor directory.

Access Saudi Arabia Investor Database

Get verified contact info for 76+ Saudi Arabia-based investors including angels, VCs, and corporate venture arms.

Get Full Access →

Tagged with

Saudi Arabia
Angel Investors
2026
MENA
Riyadh
Fintech
Vision 2030

Frequently Asked Questions

Who are the top angel investors in Saudi Arabia?+
Top Saudi angel investors include successful entrepreneurs, corporate executives from ARAMCO and banking sectors, and family business heirs. Many operate through networks like Oqal Angel Network and are supported by government initiatives like SVC. Notable investors are active in fintech, e-commerce, and AI sectors.
How do I find angel investors in Saudi Arabia?+
Find Saudi angel investors through the Oqal Angel Network, Flat6Labs Riyadh accelerator, and events like LEAP tech conference. Wa'ed Ventures (ARAMCO's VC arm) and Saudi Venture Capital Company provide co-investment. Platforms like Datapile offer verified contact information for 76+ Saudi investors. See 15 proven methods to find angels.
What is the typical check size for Saudi angel investors?+
Saudi angel investors typically write checks between $50,000 and $500,000. Syndicated deals through Oqal can pool capital for investments up to $1-2 million. Government co-investment through SVC can effectively double the investment amount for qualifying startups.
What industries do Saudi investors prefer?+
Saudi investors are most active in technology (28%), AI/ML (22%), venture capital (20%), and fintech (15%). Sectors aligned with Vision 2030 goals — including entertainment, tourism tech, and sustainability — are increasingly attractive. E-commerce and food delivery have produced several unicorns.
How does Vision 2030 impact startup investing in Saudi Arabia?+
Vision 2030 has dramatically boosted Saudi startup investing by creating regulatory sandboxes, establishing the Saudi Venture Capital Company with $1B+ in deployed capital, launching special economic zones like NEOM, and actively encouraging foreign startup founders to set up in the Kingdom. The government aims to have SMEs contribute 35% of GDP by 2030.