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Wealth Well

Anas Ibn Malik Al Malqa Rd, Riyadh, Ar Riyad, 13524, Saudi Arabia

Overview

Wealth Well is an investment and wealth management firm that manages assets across real estate, private equity, and venture capital. The Riyadh, Riyadh-based firm was founded in 2015.

Total investments
5
Lead investments
0
Investments · 12mo
0
Active investors
2

Sector focus

  • Asset Management
  • Venture Capital
  • Wealth Management
Visit website

Investment portfolio

  • RemotePass

    Participated · Seed · Dec 2021

    Founded in 2021, RemotePass provides a single platform for hiring, paying, and supporting workers across borders, covering EOR, contractor management, payroll, and compliance. The company has built an embedded fintech layer that offers workers access to USD accounts, global cards, and health insurance, and in late 2025 launched SpendCards to integrate corporate expense cards into its payroll and payments stack. RemotePass has also rolled out AI agents to automate workflows across onboarding, compliance, and support. The business scaled to more than 35,000 workers in 150+ countries and has facilitated over $800 million in cross-border payroll while reaching profitability in early 2025. After becoming profitable, RemotePass elected to reinvest in expansion and product depth, targeting growth in Europe and the US and deeper financial and compliance capabilities. Customers named in the company release include Logitech, Tata Group, InDrive, and Careem.

  • Klaim

    Participated · Series A · Sep 2021

    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.

  • Loship

    Participated · Series C · Aug 2021

    Loship operates an on-demand delivery platform that started as a reviews app and now offers one-hour deliveries for food, ride-hailing, medicine, groceries, laundry, packages, beauty products and B2B supplies. The company says it serves about 2 million customers, works with more than 200,000 merchants and has over 70,000 drivers across Hanoi, Ho Chi Minh City, Da Nang, Can Tho and Bien Hoa. Loship plans to use the new funding to expand into new cities and grow verticals such as B2B deliveries for small food and beverage businesses and retail stores. Through a staged rollout it aims to reach 10 major cities (adding five more) by the end of 2021, then enter Tier 2 and 3 Vietnamese cities and expand regionally into Southeast Asia, with Laos and Cambodia highlighted as priorities. The company says it has a "very clear path to profitability" and has been splitting its Series C into a pre-Series C and a Series C to accelerate closing. Financially, Loship has raised $12 million in this pre-Series C round, taking its valuation to $100 million and bringing total capital raised to $20 million.

  • Bosta

    Participated · Series A · May 2021

    Founded in 2017, Bosta is a Cairo-based logistics startup that has delivered over 20 million shipments and serves more than 25,000 businesses. The company positions itself as the market leader in Egypt by optimizing first, middle, and last-mile delivery with cutting-edge technology. Bosta guarantees next-day delivery across Egypt and Saudi Arabia and reports the highest success rate in the market. It also provides merchants with an instant cash collection solution to streamline financial flows. The startup emphasizes continued technological advancement and expansion to strengthen its role in the e-commerce and logistics landscape in the region. Bosta provides next-day last-mile delivery for e-commerce sellers, handling exchanges, customer returns and cash collection while giving merchants control over the delivery process. The company operates an Uber-like model of contractor drivers rather than owning vehicle fleets. Since its 2017 launch, Bosta has delivered more than 4 million packages, completes over 300,000 deliveries per month (a 3.5x increase since its prior round), and serves over 2,200 businesses daily with a 95% delivery success rate. It works with small social-media sellers and major platforms such as Souq and Jumia. Bosta charges roughly 35–40 EGP per shipment for small businesses and 20–25 EGP for larger partners. The company plans to deliver over 15 million parcels and serve more than 20,000 businesses in Egypt within two years and to expand operations across Africa, MENA and the GCC, including starting in Saudi Arabia. Bosta is a Cairo-based startup that provides last-mile delivery solutions to ecommerce businesses in Egypt. Founded in 2016 by Mohamed Ezzat, Ahmed Gaber and Mohamed El‑Houssainy, the company says it has served over 5,000 businesses to date. Deliveries have grown more than tenfold in the past year to about 150,000 parcels a month. Menabytes and Ventureburn report Bosta raised an undisclosed Series A from France’s DPDgroup, with Egyptian payments firm Fawry participating. The Series A was described in coverage as a seven‑digit dollar figure; Crunchbase records show Bosta has raised $1.7M in total across four rounds since inception. No further details on valuation or use of proceeds were disclosed in the articles.

  • Tamara

    Participated · Seed · Jan 2021

    Tamara is Saudi Arabia’s first homegrown fintech unicorn, providing buy now pay later (BNPL) services and other payment solutions. Founded in 2020 by Abdulmajeed Alsukhan, Turki Bin Zarah, and Abdulmohsen Albabtain, the company enables consumers to split purchases while merchants receive immediate payment. The platform has amassed more than 20 million customers and is integrated with over 87,000 merchants across the region. Management intends to leverage this scale to build a "customer-centric financial super-app," adding new credit and payment products in alignment with Saudi Vision 2030. Tamara finances its lending through large asset-backed facilities and earns revenue from merchant fees and consumer charges. In December 2023, it closed a $340 million Series C round at a valuation above $1 billion. The newly announced $2.4 billion facility materially increases the company’s lending capacity and supports its regional expansion plans.

Team

  • Aqeel Alrajhi

    Chief Executive Officer

    LinkedIn
  • Nayef Alzahrani

    Head of Alternative Investment

    LinkedIn