Top 50 Startups in Saudi Arabia (KSA)

Saudi Arabia (KSA) has emerged as a powerhouse for startups, driven by Vision 2030 and its focus on fostering entrepreneurship and economic diversification. With a robust support ecosystem, access to capital, and a digitally savvy population, KSA provides an ideal environment for startups across sectors such as fintech, e-commerce, healthtech, and renewable energy. As the startup ecosystem expands, investors are presented with exciting opportunities. However, identifying the right ventures requires in-depth market understanding and strategic planning. This is where Aviaan steps in, offering comprehensive support for identifying investment opportunities and delivering Transaction Advisory Services (TAS) to ensure seamless execution.

List of 50 Prominent Startups in the Saudi Arabia (KSA)

1. Technology and Software

1. Unifonic – Cloud communication and API services.

2. Hazel – AI-powered decision-making tools for businesses.

3. Tamara – Buy now, pay later (BNPL) solutions for e-commerce.

4. Lucidya – AI-driven social media analytics.

5. Marn – Cloud-based point-of-sale (POS) systems.

2. E-commerce

1. Sary – Wholesale e-commerce platform.

2. Noon – Multi-category e-commerce marketplace.

3. Cartlow – Platform for refurbished and pre-owned products.

4. Zid – E-commerce platform for small businesses.

5. Elabelz – Online fashion marketplace.

3. Fintech

1. STC Pay – Digital wallet and payment solutions.

2. Raqamyah – Peer-to-peer lending platform.

3. HyperPay – Online payment gateway services.

4. Hala – Digital payment and financial management app.

5. Lean Technologies – Fintech infrastructure solutions.

4. Healthtech

1. Nala – AI-powered medical consultation app.

2. Altibbi – Online health consultation and medical directory.

3. Healthigo – Healthcare appointment and referral management.

4. Oqal – Startup focusing on mental health services.

5. Sihatech – Health insurance and medical network management.

5. Renewable Energy and GreenTech

1. SolarHub – Solar energy solutions for residential and commercial use.

2. Desert Technologies – Renewable energy development and manufacturing.

3. Greenergy – Waste-to-energy and recycling solutions.

4. Watani – Sustainable water and energy tech solutions.

5. EcoPact – Environmental impact reduction services.

6. Real Estate and PropTech

1. Aqary – Real estate buying and selling platform.

2. Lamsa – Property management software for real estate firms.

3. Juzur – Smart home technology provider.

4. Ejar – Online rental property management system.

5. Munjz – Maintenance and facility management services.

7. Transportation and Logistics

1. Trukkin – Freight and logistics marketplace.

2. Mrsool – On-demand delivery platform.

3. Barq EV – Electric vehicle-based delivery services.

4. Taffi – Transportation services for women.

5. Lendo – Vehicle leasing and fleet management solutions.

8. EdTech

1. Rufoof – E-learning platform and digital library.

2. Noon Academy – Online learning and tutoring platform.

3. Alef Education – AI-powered personalized learning solutions.

4. Daraty – STEM-based educational kits for children.

5. Rwaq – Online courses for skill enhancement.

9. Media and Entertainment

1. Telfaz11 – Digital media and content production startup.

2. Gameconomy – Monetization solutions for gaming platforms.

3. Saudigamer – Online gaming content and community.

4. Arabian Entertainment – Event management and production.

5. Alfan Group – Influencer marketing and talent management.

10. Food and Beverage

1. The Chefz – Gourmet food delivery platform.

2. Nana Direct – Online grocery delivery service.

3. Sufraty – Homemade meal delivery platform.

4. Jareed – Farm-to-table organic food delivery.

5. Bunyan – Smart vending machine startup.

How Aviaan Can Help Investors?

Aviaan specializes in assisting investors in navigating the dynamic startup ecosystem of the KSA. Here’s how we can provide value:

1. Identifying Suitable Targets

• Market Insights: Aviaan’s deep understanding of the KSA market ensures that investors receive a curated list of startups aligned with their investment goals.
• Sectoral Expertise: Whether it’s fintech, agritech, or edtech, we analyze sectors to find startups with the most potential for growth.
• Due Diligence: Our team conducts comprehensive research to verify the viability and scalability of potential investment targets.

2. Transaction Advisory Services (TAS)

• Valuation Support: Aviaan’s financial experts assist in accurately valuing startups to ensure fair deals for both parties.
• Risk Assessment: We evaluate potential risks, from financial performance to legal compliance, safeguarding investments.
• Deal Structuring: Our team provides guidance on structuring deals to maximize returns and ensure strategic alignment.
• Post-Investment Support: Aviaan offers ongoing advisory services to ensure investments yield desired outcomes.

Why Choose Aviaan?

With a global presence and a dedicated focus on emerging markets, Aviaan brings:

• Local Expertise: In-depth knowledge of the KSA startup ecosystem.
• Holistic Approach: Comprehensive support from identification to post-investment stages.
• Proven Track Record: A history of successful collaborations with investors and startups worldwide.

Conclusion:

The KSA startup ecosystem offers a treasure trove of opportunities for investors seeking high-growth ventures. By partnering with Aviaan, investors can confidently navigate this dynamic landscape, unlocking value and making strategic investments. Whether you’re new to the KSA market or looking to expand your portfolio, Aviaan’s expertise ensures that you’re always a step ahead.