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Merak
Riyadh, Saudi Arabia
Invests in technology-driven companies across multiple sectors, targeting innovative solutions and high-growth potential.
Portfolio
35+
Employees
50+
Founded
2018
AUM
≈ $133.3M
Investment focus
Stages
No stages listed
Industries
No industries listedGeographic scope
Saudi Arabia
Fund details
Funds
Direct Lending Fund
Gaming Fund (Exel by Merak)
Vintage 2024 • $80.0M
Fund 2023
Vintage 2023 • $53.3M
Sources
Merak
Invests in technology-driven companies across multiple sectors, targeting innovative solutions and high-growth potential.
Portfolio
35+
Employees
50+
Founded
2018
AUM
≈ $133.3M
Funds
Direct Lending Fund
Gaming Fund (Exel by Merak) · Vintage 2024 • $80.0M
Fund 2023 · Vintage 2023 • $53.3M
Stages
No stages listed
Industries
No industries listedGeographic scope
Saudi Arabia
Sources
Showing 24 of 25 matched portfolio companies
An AI-powered dating app that acts as a virtual wingwoman, using natural language processing and machine learning to facilitate personalized matchmaking and conversation starters. It addresses the challenges of initiating and maintaining connections in online dating by providing users with tailored suggestions and support, improving engagement and compatibility.
Funding: $5.8M
Rough estimate of the amount of funding raised
Funding: $5.8M
Rough estimate of the amount of funding raised
BitOasis is a cryptocurrency trading platform that provides a secure digital asset wallet and exchange for buying, selling, and trading over 80 cryptocurrencies using local currencies like AED and SAR. The platform offers tailored services for institutions and high-net-worth individuals, facilitating large trades through over-the-counter trading while ensuring the safe storage of assets in cold storage solutions.
Bynow provides B2B payment solutions that enable marketplaces, manufacturers, and wholesalers to offer Buy Now Pay Later options at checkout, enhancing cash flow for their customers. This service allows businesses to increase sales and customer retention by providing flexible payment terms while mitigating financial risk through a one-time integration process.
Copa Fantasy is a sports gaming platform that offers a second-screen experience for fans to engage with their favorite teams and players. Their initial offering is a weekly fantasy football game covering multiple leagues and languages, with plans to expand into other sports. The platform aims to enhance sports enjoyment and facilitate connections between leagues and fans.
Den is a multisig wallet solution that enables onchain teams to execute secure transactions quickly, allowing users to send both crypto and fiat, swap tokens, and interact with decentralized applications. By automating signer coordination and transaction simulations, Den eliminates the inefficiencies of manual approvals and enhances transaction safety, having facilitated over $1 billion in transactions for more than 400 teams.
Funding: $7.3M
Rough estimate of the amount of funding raised
Funding: $7.3M
Rough estimate of the amount of funding raised
doo! is a platform that connects Mobile Money agents in Côte d'Ivoire with essential services, enabling users to access insurance, ticketing, and administrative document requests conveniently at local points. This approach eliminates the need for multiple trips and long wait times, streamlining everyday transactions for both customers and agents.
Enty is an all‑in‑one SaaS platform that lets European SMEs, freelancers, and digital nomads incorporate a company online and manage bookkeeping, invoicing, contracts, payroll, and compliance under a single subscription. The service automates transaction categorisation, OCR document extraction, and offers AI tools for financial insights and contract review, while specialist accountants handle regulatory filings.
Funding: $759.6K
Rough estimate of the amount of funding raised
Funding: $759.6K
Rough estimate of the amount of funding raised
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<description>Hi provides a licensed crypto‑fiat neobank platform that enables users to trade over 100 cryptocurrencies alongside traditional fiat currencies. The app combines trading, yield‑earning savings accounts, and payment functionality in a single mobile interface. Users can set flexible crypto savings goals and withdraw funds at any
Founded 2020
1000+
Approximate amount of employees
Funding: $30.0M
Rough estimate of the amount of funding raised
Funding: $30.0M
Rough estimate of the amount of funding raised
HyperPlay is a web3 gaming platform that allows players to use their existing wallets, NFTs, and tokens across multiple game stores, including Epic Games and GOG, through a single application. This integration eliminates the need for separate wallets for each game, enabling users to earn rewards and maintain their achievements in a unified gaming experience.
The startup operates a human resource management platform that consolidates employee data, compliance tracking, time and attendance, benefits administration, and payroll processing into a single interface. This integration enhances operational efficiency and accelerates reporting, ultimately improving employee engagement and reducing administrative overhead.
Joy is a parenting platform that offers 24/7 access to expert advice from specialists in sleep, feeding, and behavioral support, providing personalized guidance for new parents. By addressing the challenges of early parenthood, Joy helps families navigate critical issues with tailored resources and expert insights, enhancing their parenting experience.
Loyal offers an AI-powered digital healthcare platform that utilizes machine learning and natural language processing to streamline patient navigation across healthcare systems. By unifying care touchpoints and enhancing appointment management, the platform reduces no-shows and improves patient engagement, ultimately fostering greater loyalty to healthcare providers.
Funding: $53.7M
Rough estimate of the amount of funding raised
Funding: $53.7M
Rough estimate of the amount of funding raised
Luf is a community platform that provides HR-focused learning tools and a matching service for side jobs, utilizing its expertise in community management and HR knowledge. The platform addresses the need for effective employee development and engagement in organizations by facilitating skill-sharing and career opportunities.
Masterworks is a platform that securitizes high-value contemporary artworks, allowing retail investors to purchase shares in these assets through a regulated investment structure. By providing access to an asset class that has historically outperformed traditional equities with lower correlation, Masterworks addresses the need for diversification in investment portfolios.
The startup develops analytic software that enables private market investors to assess the ESG impact and performance of their portfolios by identifying key performance indicators and streamlining data collection. This technology provides actionable insights and performance analysis, allowing investors to make informed operational and investment decisions that enhance financial outcomes.
Nabt is an e-commerce platform that connects farmers directly with businesses, facilitating the sale of fresh produce through a B2B marketplace. The platform provides real-time demand forecasts and transparent pricing, ensuring timely delivery within 12 hours to retailers across Saudi Arabia.
ON is an AI chat platform designed for enterprise use, integrating with e-commerce systems like Shopify to enhance customer interactions by providing real-time access to product and order information. This technology addresses the high volume of customer service inquiries, improving site conversions and customer satisfaction while reducing the workload for support agents.
Funding: $25.0M
Rough estimate of the amount of funding raised
Funding: $25.0M
Rough estimate of the amount of funding raised
RA UNLIMITED harnesses solar photovoltaic technology to generate clean and affordable electricity for homes, businesses, and communities in the Philippines. The company addresses the reliance on fossil fuels by providing sustainable energy solutions that create jobs and enhance the quality of life for Filipinos.
This startup provides private ambulance services equipped with diagnostic tools and specialized vehicles tailored to various medical conditions. By ensuring rapid medical transport with trained personnel, the company addresses the critical need for timely emergency care.
Ro operates a telehealth platform that provides online clinics for weight loss, sexual health, hair restoration, and fertility management using clinically proven treatments and prescription medications. The service eliminates the need for insurance and offers free, discreet shipping, making healthcare accessible and convenient for over 2 million members.
Studio is developing a collaborative camcorder application that allows users to create and share video stories within private groups. This platform addresses the need for a creative outlet by enabling users to document and express their shared memories in a structured, engaging format.
5+
100+Approximate amount of employees
Funding: $3.3M
Rough estimate of the amount of funding raised
Funding: $3.3M
Rough estimate of the amount of funding raised
The startup operates an online retail marketplace that connects customers with surplus and deadstock building materials and DIY products from retailers. By offering these goods at significantly reduced prices, the platform addresses the issue of waste in the construction industry while providing affordable options for consumers.
<3
100+Approximate amount of employees
Funding: $5.9M
Rough estimate of the amount of funding raised
Funding: $5.9M
Rough estimate of the amount of funding raised
Tryfi provides a smart dog collar that combines high‑precision GPS tracking with AI‑driven health analytics, delivering real‑time location, activity, and physiological data to the Fi mobile app. Owners receive breed‑specific health insights, step and distance metrics, and instant alerts for abnormal patterns, enabling proactive care and safety monitoring for their pets.
Founded 2017
250+
Approximate amount of employees
Funding: $39.5M
Rough estimate of the amount of funding raised
Funding: $39.5M
Rough estimate of the amount of funding raised
Up is a direct-to-consumer smart home appliance brand that offers an AI cooking assistant capable of automating over 16 cooking functions, including chopping and stirring, using a patented Omni Blade technology. This appliance addresses the challenge of meal preparation by providing step-by-step guidance through an 8-inch touchscreen and a mobile app, enabling users to cook a variety of recipes with minimal manual intervention.
Funding: $5.7M
Rough estimate of the amount of funding raised
Funding: $5.7M
Rough estimate of the amount of funding raised
Showing 10 of 10 unmatched portfolio companies
Eshi Games
No website provided
We don't have a full profile for this company yet.
Starvania
No website provided
We don't have a full profile for this company yet.
Fahy Studios
No website provided
We don't have a full profile for this company yet.
Phys
No website provided
We don't have a full profile for this company yet.
Classy Games
No website provided
We don't have a full profile for this company yet.
Hyena Hon
No website provided
We don't have a full profile for this company yet.
Spoilz
No website provided
We don't have a full profile for this company yet.
LIVA Interactive
No website provided
We don't have a full profile for this company yet.
Dreaming Door
No website provided
We don't have a full profile for this company yet.
HYS Games
No website provided
We don't have a full profile for this company yet.