Investor Lists

SaaS investors in MENA

Updated 7 November 2026

Firms observed backing a saaS company in MENA in the last two years, wherever the firm is based.

22investors on the listNo change this week
337cheques in 12 months-15% against the market
$3.8Mmedian round they joined-52% against the market median
95%wrote a cheque in 12 months
77%have led a round

The Top 22

Ordered by cheques observed, never by anything anyone paid for

Deploying now (21)

  1. 1Plug and PlayDeploying nowAccelerator · United States1,561$5Mmedian roundNov 2026last seen
  2. 2Kleiner PerkinsDeploying nowVC firm · United States398$40Mmedian roundNov 2026last seen
  3. 3Initialized CapitalDeploying nowVC firm · United States229$6.9Mmedian roundOct 2026last seen
  4. 4Shrug CapitalDeploying nowVC firm · United States68$8Mmedian roundMay 2026last seen
  5. 5Kevin HartzDeploying nowVC firm · United States65$9Mmedian roundOct 2026last seen
  6. 6Evolution VC PartnersDeploying nowVC firm · United States43$4.1Mmedian roundSept 2026last seen
  7. 7Enza CapitalDeploying nowVC firm · Kenya11$8Mmedian roundOct 2026last seen
  8. 8216 CapitalDeploying nowVC firm · Tunisia7$3.5Mmedian roundJun 2026last seen
  9. 9Catalyst FundDeploying nowVC firm · Kenya7$1.8Mmedian roundSept 2026last seen
  10. 10Beltone Venture CapitalDeploying nowVC firm7$9Mmedian roundJul 2026last seen
  11. 11Digital AfricaDeploying nowMicro VC · France6$1.5Mmedian roundJan 2026last seen
  12. 12WITAMAXDeploying nowVC firm · Morocco6$1.6Mmedian roundApr 2026last seen
  13. 13Azur Innovation FundDeploying nowVC firm6$2.3Mmedian roundJul 2026last seen
  14. 14A15Deploying nowVC firm · Egypt5$1.4Mmedian roundJan 2026last seen
  15. 15Acasia VenturesDeploying nowVC firm · Egypt4$2Mmedian roundNov 2025last seen
  16. 16Artal CapitalDeploying nowPrivate equity · Saudi Arabia2$19Mmedian roundOct 2026last seen
  17. 17SanabilDeploying nowFund of funds · Saudi Arabia2$49Mmedian roundSept 2026last seen
  18. 18Hatem DowidarDeploying nowAngel2-median roundOct 2026last seen
  19. 19MFOUNDERSDeploying nowAngel network · France1$2.3Mmedian roundJan 2026last seen
  20. 20SEEDRA VenturesDeploying nowVC firm · Saudi Arabia1$1.5Mmedian roundSept 2026last seen
  21. 21Foras InvestmentDeploying nowInvestment firm1-median roundJan 2026last seen
  22. 22angel investors from the GCCquietAngel network1$3Mmedian roundFeb 2025last seen

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Quick answers about saaS investors in MENA

Who are the most active saaS investors in MENA?

By cheques observed, the most active are Plug and Play, Kleiner Perkins, Initialized Capital, Shrug Capital and Kevin Hartz.

How many saaS investors in MENA are there?

22 are on record. 95% made an investment in the last 12 months and 77% have led a round.

Which stages do saaS investors in MENA back?

Of the rounds with a named stage in the last 12 months, mostly Seed (32%) and Series A (26%).

How big are the rounds saaS investors in MENA join?

The typical (median) round among the leading investors here is $4.1M.

Which sectors do saaS investors in MENA back most?

In the last 12 months, mostly AI, Fintech and Big Data & Analytics.

Which saaS investors in MENA lead the most rounds?

Kleiner Perkins (33 led), Initialized Capital (13 led) and Azur Innovation Fund (5 led).

Where are saaS investors in MENA based?

Among the most active, most are based in the United States (6), Saudi Arabia (3) and Kenya (2).

What have saaS investors in MENA invested in recently?

Recent rounds include Lazarus AI (Nov 2026, with Plug and Play), Carryt (Nov 2026, with Plug and Play) and Traversal (Series B, Nov 2026, with Kleiner Perkins).

Built from the rounds we watched, refreshed every night. How we count · Report a correction