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Sanabil Investments

24th Floor, Al Faisaliah Tower, King Fahd Road, Riyadh, Ar Riyad, 11435, Saudi Arabia

Overview

Sanabil Investments is a sovereign wealth fund specializing in direct and fund of funds investments. Its investments are concentrated in direct equity investments, primarily in the Kingdom, and in funds, as well as in diversified investment portfolios. These investments support the growth of the Kingdom’s economy while building international investment capability and transferring expertise to local Saudi talent.

Total investments
30
Lead investments
17
Investments · 12mo
5
Active investors
3

Sector focus

  • Banking
  • Crowdfunding
  • Financial Services
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Investment portfolio

  • 1001 AI

    Participated · Series A · Jul 2026

    1001 AI develops AI systems that sit above existing operator software to construct live models of all assets, processes, dependencies and constraints across an operation. Its platform is pitched at high-stakes sectors including aviation, ports and logistics, energy, and manufacturing. The company emphasizes local ownership and governance so clients retain control of critical infrastructure. 1001 AI was founded in 2025 and is based between London and the GCC. Financially, it recently raised a $30M Series A led by Lux Capital after a $9M seed round in October backed by CIV, General Catalyst and Lux; existing investors increased their commitments and several angels participated. The articles do not report revenue, users, or other operating metrics.

  • Aya

    Participated · Series A · Apr 2026

    Founded in 2024 by Munira Al Kadi and Abdulrahman Al Ammar, Aya operates a demand-driven fashion platform that launches trends in real time by testing more than 700 designs each month and producing only items that show clear customer engagement. The company routes manufacturing through a distributed network to enable fast turnaround times and competitive pricing. Aya initially validated its model in the $3 billion abaya market and has since expanded operations, serving over 100,000 customers and growing to more than 60 employees. The startup reported 9x year-on-year growth and plans to use new funding to expand into additional product categories and scale its real-time production model across broader fashion and lifestyle segments.

  • Simplified Financial Solutions Company

    Participated · Series A · Feb 2026

    SiFi develops cloud software that lets finance teams issue corporate cards, automate expense reporting, and execute vendor payments from a single dashboard. The system provides real-time visibility into outlays, enforces spending policies, and streamlines reconciliations. More than 3,500 organizations across Saudi Arabia now use the product, highlighting strong early adoption. To deepen its value proposition, the company plans to layer additional finance workflows and enhance AI-driven features for analytics and policy enforcement. Management’s stated goal is to evolve into a full-suite finance-management platform. Following its latest fund-raise, SiFi’s cumulative capital stands at over $34 million, giving it resources to accelerate product development and regional expansion. Revenue figures were not disclosed in the article.

  • Hala

    Led · Series B · Sep 2025

    Hala is a Saudi Arabian fintech founded by Esam Alnahdi and Maher Loubieh that empowers more than 142,000 MSMEs with a full stack of embedded financial products. Its platform offers business bank accounts, card issuance, payment processing, domestic and international transfers, and point-of-sale solutions, collectively processing over $8 billion in annual transactions. With its latest capital infusion, the company plans to deepen its market share in Saudi Arabia, broaden its suite with new lending products tailored for MSMEs and freelancers, and commence regional expansion. Hala’s strategy centers on becoming the primary financial operating system for small businesses across the Middle East by layering credit, working-capital, and other value-added services onto its existing payments infrastructure. The company’s scale, transaction throughput, and specialized focus on underserved business segments position it to capture significant share in the Gulf’s fast-growing digital finance market. Financial performance metrics beyond transaction volume were not disclosed, but the firm’s user base and processing volume highlight rapid traction. Management intends to deploy the newly raised funds toward product development, regulatory licensing, and go-to-market initiatives across neighboring countries.

  • Gathern

    Led · Series B · Aug 2025

    Gathern is a Riyadh-based peer-to-peer (P2P) vacation rental marketplace founded in 2017 by Latifa Altamimi. The platform offers users rental properties — including villas, apartments and yachts — listed directly by owners. It is the first company in Saudi Arabia licensed by the Ministry of Tourism for P2P rentals, allowing property owners to rent without individual licences. The company plans to use new funding to support IPO preparation, inbound travel growth, expansion into long-term rentals and AI-driven technology upgrades. In 2021 Gathern raised a $6M Series A led by STV with participation from Vision Ventures and 500 Startups. Most recently it completed a Series B round valuing the company at over $266M.

Team

  • Turki Almalik

    Deputy CEO & COO

  • Abdullah Alabduljabbar

    CEO

    LinkedIn
  • Hani Enaya

    Head of Venture Capital

    LinkedIn