The Venture Codex Logo

The Venture Codex

Overview

Venture capital firm leading innovative tech ventures in Saudi Arabia.

Founded

2020

Deals ยท 12mo

5

Stage focus

Seed
Series A
Series B

Geographic focus

Bahrain
Saudi Arabia
United Arab Emirates
United States

Sector focus

Finance
Financial Services
Venture Capital

Investment portfolio

13rounds
NAMEDATESIZE
AILA
Aug 2026Led
$3 MSeries A
Helix Earth Technologies
Mar 2026Participated
$12 MSeed
Simplified Financial Solutions Company
Feb 2026Participated
$20 MSeries A
Safqah Capital
Feb 2026Participated
$15 MSeed
Bonat
Nov 2025Participated
$6 MSeries A
Holo
Aug 2025Participated
$22 MSeries A
Lucidya
Jul 2025Participated
$30 MSeries B
Ejari
Oct 2024Participated
$15 MSeed
Intelmatix
Jul 2024Participated
$20 MSeries A
Simplified Financial Solutions Company
Jun 2024Participated
$10 MSeed
ZenHR
Oct 2022Led
$10 MOther Equity
Lucidya
Jan 2022Led
$6 MSeries B
AILA
Aug 2026Led
$3 MSeries A
Helix Earth Technologies
Mar 2026Participated
$12 MSeed
Simplified Financial Solutions Company
Feb 2026Participated
$20 MSeries A
Safqah Capital
Feb 2026Participated
$15 MSeed
Bonat
Nov 2025Participated
$6 MSeries A
Holo
Aug 2025Participated
$22 MSeries A
Lucidya
Jul 2025Participated
$30 MSeries B
Ejari
Oct 2024Participated
$15 MSeed
Intelmatix
Jul 2024Participated
$20 MSeries A
Simplified Financial Solutions Company
Jun 2024Participated
$10 MSeed
ZenHR
Oct 2022Led
$10 MOther Equity
Lucidya
Jan 2022Led
$6 MSeries B
13
Items
...
Browse all public portfolio deals

Insights

Time horizon

View by

Deal Distribution

Rua Ventures: 13 funding rounds are recorded in the selected participation categories.All available history.
Rua Ventures: 13 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed05
Series A14
Series B11
Other Equity10

Monthly Deal Activity

Rua Ventures: 13 deals are recorded across 60 months.All available history.
Rua Ventures: 13 deals are recorded across 60 months. All available history
MonthDeals
Nov '211
Dec '210
Jan '221
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '221
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '241
Jul '241
Aug '240
Sep '240
Oct '241
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '251
Aug '251
Sep '250
Oct '250
Nov '251
Dec '250
Jan '260
Feb '262
Mar '261
Apr '260
May '260
Jun '260
Jul '260
Aug '261
Sep '260
Oct '260

Sector Breakdown

Rua Ventures: Enterprise Software is the largest displayed sector by deal count (6 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Rua Ventures: Enterprise Software is the largest displayed sector by deal count (6 deals). All available history
SectorDeals
Enterprise Software6
Fintech5
AI & Machine Learning4
Real Estate & Construction4
Marketing & Advertising3
Data, Analytics & IT2
Education & Workforce1
Manufacturing1
Media & Entertainment1
E-Commerce & Retail1
Clean Energy & Sustainability1
Professional Services1

Deal Size Distribution

Rua Ventures: 13 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Rua Ventures: 13 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M1
$5M-$10M3
$10M-$25M8
$25M-$50M1
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Rua Ventures: Saudi Arabia has the largest recorded deal count among the displayed regions (10 deals).All available history.

Top 4 of 4 regions; European countries are grouped as Europe.

Rua Ventures: Saudi Arabia has the largest recorded deal count among the displayed regions (10 deals). All available history
RegionDeals
Saudi Arabia10
United States1
United Arab Emirates1
Bahrain1
Rua Ventures: 20 co-investors are shown, with anb seed sharing 6 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Investment Strategy

Rua Ventures: Led accounts for 23% and participating for 77% of round participation.All available history.
Rua Ventures: Led accounts for 23% and participating for 77% of round participation. All available history
CategoryDeals (count)Share (%)
Led323%
Participating1077%
Rua Ventures: Single-lead accounts for 100% and co-led for 0% of lead dynamics.All available history.
Rua Ventures: Single-lead accounts for 100% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead3100%
Co-led00%

Team

Turk Aljoaib

Managing Partner and Co-Founder