11
Total investments
3
Early stage
2
Mid stage
3
Late stage
14y
Years active
Portfolio
11 investments · sorted by recency
All investments
Early stage
Mid stage
Late stage
Investor
Jul 2023
Clutch is Canada’s largest online used car retailer, delivering a seamless, hassle-free car buying and financing experience to drivers everywhere. Shop thousands of used cars online, get the right one delivered to your door, and enjoy peace of mind with our 10-day Money-Back Guarantee. You can even sell or trade in your car and get an instant cash offer. How sweet is that? Clutch. Cars done right.
Board Member
Jun 2023
At Canvass AI, we’re making the hype of Industrial AI a reality. By building an AI platform specifically for the Industrial sector, leading oil and gas, chemicals and manufacturing companies are unleashing the value of data to increase their operational performance, outperform their competitors, and set new sustainability benchmarks. For more information, visit www.canvass.io.
Investor & Board Member
Jul 2021
Blumind is bringing machine-learning inferencing to the Far Edge, placing it on devices and sensors in all environments. Future applications in Edge AI such as IoT, automotive, Smart Home and Smart City will be crippled by the power and latency constraints of current digital technologies. Blumind’s breakthrough all-analog, in-memory inferencing engine slashes power consumption, latency and silicon area all by orders of magnitude versus digital approaches.
Investor & Board Member
Feb 2021
At Goose Insurance, our mission is to offer simple, affordable and relevant insurance products through best of breed mobile-first self-serve platforms.
We hatched our plan to offer the best rates on travel insurance in 2017. Since then, we’ve grown the nest a bit, and we now offer Travel Insurance, Life Insurance, Cancer Insurance, and more in Canada as well as the United States. The Goose app enables customers to purchase policies in less than 60 seconds on their smartphones, with only 3 simple steps.
Our mission is to offer simple, affordable and relevant insurance products through best of breed mobile-first self-serve platforms.
Board Member
Feb 2021
Instant Financial provides businesses with a free platform that offers employees earned wage access. By turning every shift into payday, workers have free real-time access to money they have earned but for which they’ve not yet been compensated. As a result, employers see improved employee engagement and retention.
Investor & Board Member
Jan 2021
Tread is the easiest and most powerful Construction Materials Platform. From order to dispatch to pay, Tread’s mission is to help producers, haulers, and contractors save time and money by digitizing the end-to-end process of buying and moving construction materials.
With a purpose-built app for web and mobile, Tread allows operations staff to quote and place orders, schedule and dispatch drivers, and reconcile and pay tickets – all in one place – from anywhere at any time. We serve hundreds of construction materials businesses from global enterprises to multi-generation family-run businesses, including Cemex, Tomlinson, Martin Marietta, R&R Transport, John Aarts Group, Gulfshore Trucking, and more.
Through modern design, outstanding customer experience, and world-class support, Tread works across time zones and geographies to transform the construction industry. Learn more at tread.io
Board Observer
Sep 2020
Plotly offers Dash Enterprise, the premier data app platform for Python that enables organizations to collaboratively develop and deploy apps in a secure, scalable, managed environment.
We're also the stewards of the open-source graphing libraries behind our namesake, bringing interactive data visualization to your web browser. With 89,000+ GitHub stars, 12,600,000+ downloads per month of Plotly open-source libraries, and 326,000,000+ total open-source downloads, Dash is the leading low-code platform for AI apps. These Dash apps give a point-and-click interface to models written in Python, vastly expanding the notion of what's possible in a traditional dashboard.
Join us! https://plotly.com/careers/
Investor & Board Member
Nov 2015
Jeeny is a Middle Eastern-based mobile application that hosts multiple services to ease daily consumer needs such as transportation, integrated wallet top-up transactions, mobility and much more on-demand with a wallet that spans all services together.
Jeeny is a joint venture between MEIG (Middle East Internet Group) - Rocket Internet and IMENA.
We have offices in Riyadh, Jeddah, Madinah, Dammam, Khobar, Amman, Lahore and Karachi.
Investor & Board Member
Sep 2014
Telr is an award-winning payment gateway provider, founded in 2014, and with offices in Singapore, the UAE, India, and Saudi Arabia.
We offer a set of APIs and tools that enable businesses to accept and manage online payments via web, mobile and social media.
We are committed to enabling e-commerce in emerging markets. We really like startups and SMEs and we design our payment services and solutions to specifically cater to their needs.
Investor & Board Observer
Jul 2013
SellAnyCar.com is the Middle Easts first and largest car buying service, which offers FREE and instant online car valuation, FREE car inspection, a GUARANTEE to purchase ANY car within 30 minutes, pay you immediately and take care of all the paperwork. Whatever the make, model, age or condition – SellAnyCar.com will buy any car.
Entrepreneur magazine Middle East awarded SellAnyCar.com as the "Fastest Growing Company in the Middle East". It has also been awarded by Arabian Business magazine as "Digital Business of the Year", while the National newspaper sees it among a handful of tech companies to "have the potential to break the $1bn barrier". In May 2015, SellAnyCar.com has additionally been recognised as "Technology Innovator of the Year" in Saudi Arabia, in the presence of HRH Prince Khaled bin Alwaleed bin Talal Al Saud.
Saygin Yalcin, Founder & CEO of SellAnyCar.com, says that “Selling a car used to be a lengthy and risky process. Consumers were not sure about their car’s real values, needed to arrange too many appointments with time-wasters or might have ended up getting ripped off. SellAnyCar.com makes selling any car easy, fair and quick. You can literally find out your car’s value within 15 seconds, sell your car and get paid during your lunch break. We are located in all major cities all over the country and are the biggest car buyer in the region.”
Investor
Sep 2012
OpenSooq is the leading mobile-first classifieds marketplace in the Middle East and North Africa region. Every 15 seconds an item is sold on OpenSooq with the value of goods sold annually exceeding USD 30 billion. Our platform is available in 20 countries, and each country benefits from its own marketplace making it easier for users to connect with others from the same area. OpenSooq launched its platform across the region in 2013, and currently has more than 300 employees in 7 offices - in Jordan, Saudi Arabia, Kuwait, Oman, Iraq, Palestine and the United Arab Emirates.
Each year, OpenSooq receives over 120 million unique visitors and close to 1 billion user visits, making us one of the most popular platforms in the region. OpenSooq offers a bilingual (Arabic/English) platform, with an Arabic-first focus. Our platform enables user-to-user real-time chat and allows each user to build their own profile, which adds a social component to the experience.
Passion and innovation are at the heart of what we do and we continuously adopt technologies to improve the user experience. We believe that the Middle East and North Africa region has exceptionally strong fundamentals for growth in the classifieds and marketplaces business, and we see ourselves as an important engine of economic growth in the countries and verticals in which we operate.
Our mission is to make it easier for everyone to buy and sell. Dare to dream big with us?
We would love to hear from you:
For employment opportunities: careers@opensooq.com
For partnership opportunities: partnerships@opensooq.com
For advertising opportunities: advertising@opensooq.com
For legal matters: legal@opensooq.com
For everything else: contact@opensooq.com
Experience · 16 entries
All (16)
Investments (11)
Founder (1)
Board (9)
2024
Partner
Aug 2024
Sukna Capital, regulated by the Capital Market Authority (CMA), is a leading alternative investment capital firm based in Saudi Arabia. With a strategic focus on the MENA region, we specialize in multi-asset class strategies with emphasis on digital transformation sectors.
The firm manages and operates funds across venture capital, direct lending, real estate, and private equity. Our expertise allows us to unlock opportunities across the MENA region & globally, offering diversified investment solutions that align with our clients’ financial goals and regional growth trends.
Our operations are underpinned by a strong foundation of governance, risk management, and compliance, ensuring that all funds we manage adhere to the highest standards of integrity and accountability. This commitment safeguards investor interests and aligns with both local and global best practices.
We are dedicated to delivering innovative and impactful investment solutions tailored to this dynamic market. As a firm deeply rooted in the region’s growth story, we align our strategies with Saudi Arabia’s Vision 2030 while addressing broader market needs. Our mission is to drive sustainable growth, create long-term value, and empower our investors to achieve their goals in one of the world’s most vibrant and evolving markets.
Connect with us to explore how our MENA-focused investment strategies can align with your aspirations.
COO and Venture Partner
Aug 2024
Sukna Ventures is a Riyadh-based early stage VC fund.
We focus on backing digital transformation businesses whilst empowering entrepreneurs with value creation at all stages of building and growing their startups.
2023
Investor
Jul 2023
Clutch is Canada’s largest online used car retailer, delivering a seamless, hassle-free car buying and financing experience to drivers everywhere. Shop thousands of used cars online, get the right one delivered to your door, and enjoy peace of mind with our 10-day Money-Back Guarantee. You can even sell or trade in your car and get an instant cash offer. How sweet is that? Clutch. Cars done right.
Board Member
Jun 2023
At Canvass AI, we’re making the hype of Industrial AI a reality. By building an AI platform specifically for the Industrial sector, leading oil and gas, chemicals and manufacturing companies are unleashing the value of data to increase their operational performance, outperform their competitors, and set new sustainability benchmarks. For more information, visit www.canvass.io.
2021
Investor & Board Member
Jul 2021
Blumind is bringing machine-learning inferencing to the Far Edge, placing it on devices and sensors in all environments. Future applications in Edge AI such as IoT, automotive, Smart Home and Smart City will be crippled by the power and latency constraints of current digital technologies. Blumind’s breakthrough all-analog, in-memory inferencing engine slashes power consumption, latency and silicon area all by orders of magnitude versus digital approaches.
Show all 16 entries ↓
Investment activity
2012–2023 · 11 investments
Recent (last 2 years)Earlier
