Led · Series A · Mar 2025

Klaim builds proprietary, AI-powered funding technology that enables healthcare providers to receive payment on insurance claims within 24 hours instead of the typical 30–120-day reimbursement cycle. The platform analyzes submitted claims, buys qualifying receivables, and handles reconciliation and payor follow-up, giving clinics and hospitals certainty of payment and reducing administrative burden. Founded by Karim Dakki and Ghafoor Ahmad, Klaim currently operates across the Middle East and is now expanding into the United States. Through a forthcoming co-branded Payment Acceleration Service with Claritev, Klaim plans to offer scalable access to liquidity for small practices, large hospitals, and multi-specialty networks in both the U.S. and MENA regions. The company also intends to undertake a global restructuring that will unite its Middle East entity (Klaim Holdings Limited) with Klaim, Inc. under a single holding company. By focusing on freeing up working capital, Klaim aims to strengthen financial resilience for healthcare providers and let them focus on patient care.

Participated · Seed · Feb 2021

Tarabut Gateway operates a regulated open banking platform that links a regional network of banks and fintechs through a universal application programming interface (API). The platform enables secure data flow and connectivity, supports the creation of a large ecosystem, and aims to improve the consumer experience. It is building open banking infrastructure across Saudi Arabia, the UAE, and Bahrain, with plans for further MENA expansion. The company has achieved over 60% market coverage in Saudi Arabia through partnerships with Alinma Bank, Arab National Bank, Saudi National Bank and Riyad Bank. Led by Founder and CEO Abdulla Almoayed, Tarabut Gateway intends to use new funding to bolster its presence in the Saudi market, attract top talent, and foster strategic partnerships within the Kingdom. The company recently completed a $32M Series A financing to support these initiatives. Tarabut Gateway is an Open Banking platform licensed as an Account Information Service Provider and Payment Initiation Service Provider. The company has built a microservices‑based platform that offers a single API for multi‑jurisdictional access to banking data. It went live with its API infrastructure in December 2019 and expanded its presence across the MENA region in October 2020, establishing offices in Abu Dhabi and Dubai. Tarabut maintains offices across Bahrain, the UAE and the UK and is headquartered in Dubai. The firm will use the latest funding to grow its technology and leadership teams. Founder and CEO Abdulla Almoayed says the product targets the complex, highly regulated MENA market by enabling banks and fintechs to remain compliant while accessing aggregated banking data. Tarabut Gateway provides an Open Banking API that allows third-party financial services providers to securely access financial data and develop new apps and services. It offers tools to facilitate and distribute personalized financial services and helps partner banks accelerate technological partnerships at significantly reduced costs. The company was established in 2017 and maintains offices in Abu Dhabi, Dubai, London, and Manama. Tarabut Gateway secured $13M in Seed funding and will use the proceeds to support regional expansion and to develop its current product offerings. As part of its growth plan, the business aims to hire 40 additional team members across MENA by the end of 2021. CEO and founder Abdulla Almoayed framed Open Banking as a catalyst for transforming bank–fintech interactions and for positioning MENA in the global fintech arena.

Participated · Equity · Feb 2021

Raqamyah operates under the Saudi Arabian Monetary Authority (SAMA) Sandbox and uses technology to directly match small businesses with lenders. Founded in 2019, the platform introduced an automatic lending feature allowing lenders to set automated investment options based on their criteria. Impact46 reported the company has been growing at a monthly double-digit rate and completed more than forty fully funded loans in one year. Raqamyah recently raised $2.3 million in an investment round to support its next phase. The company plans to heavily invest in technology and talent, innovate credit assessment techniques, expand its loan product offering to SMEs, and facilitate easier access to alternative investment opportunities for investors. Funds will also be used to help Raqamyah meet SAMA's full license requirements.