Made with ❤️ by True Sparrow

Bringing you the latest funding data

Rize

Last funding round

Raised
$2,900,000
Round
Seed

Funding News (1)

Feb 7 2024Wamda

Startup details

Rize

Rize

Rize, founded in 2021, is a Saudi Arabia-based proptech company that aims to transform the rental landscape in the Kingdom of Saudi Arabia by adopting the rent-now-pay-later model, allowing tenants to pay their rent in flexible monthly installments.
rize.sa
Riyadh, Saudi Arabia
Established in 2020
2-10 People
Real Estate and Construction, Housing and Real Estate

Founders

Mohammed AlFraihi

Mohammed AlFraihi

Co-Founder and CTO

Riyadh, Riyadh Province, Saudi Arabia

Ibrahim Balilah

CEO & Co-founder

Saudi Arabia

Investment details

Raised
$2,900,000
Round
Seed
Investors
RZM Investment
Seedra Ventures
Hala Ventures
JOA Capital
Nama Ventures

Founder Stories

Dr. Sterghois Moschos, PulmoBioMed

Recent 5 from Saudi Arabia

Jul2024
1

1 month ago

Sifi raised a $10M Seed from 500 Startups and 8 others
Riyadh-based SiFi provides a spend management platform with corporate cards for automated expense processes.
Sifi

Founders

Ahmed Alhakbani

In News

MENAbytes
2

1 month ago

Merit raised $12M led by Alistithmar Capital i-Cap
Saudi Arabia-based Merit is a customer and engagement technology company with a global operation across over 160 countries.
Merit

Founders

Thrishan Padayachi,

Julie

In News

Menafn.com
GlobeNewswire News Room
3

2 months ago

Abyan Capital raised $18M led by STV and 1 other
Saudi financial robo-advisory firm Abyan Capital provides automated solutions for long-term investments in Saudi Arabia.
Abyan Capital

Founders

Saleh Al-Aqeel,

Abdullah Al-Jeraiwi,

Omar Al-Mania

In News

Arab News
Zawya
Wamda
4

4 months ago

Rakeez Capital raised a $2M Seed led by Core Vision
Saudi Arabia-based Rakeez Capital provides financing options for investors and companies through Sukuk issuance.
Rakeez Capital

Founders

Saeed Al-Ahmari

In News

Wamda
5

4 months ago

Mazadak raised $10M led by Revival Lab
Saudi Arabia-based Mazadak simplifies auctions through its e-commerce marketplace.
Mazadak

Founders

ABHINAV VERMA

In News

Wamda
Gulf Tech News
My Blog
Spot a snag? Report it.
raised@truesparrow.com
Made with ❤️ by True Sparrow
© 2024 True Sparrow Systems Pvt. Ltd. All rights reserved.