From idea to impact

Success stories and growth journeys of Wadi Al Aamal startups

This page brings together the journeys of 17 startups that graduated from the Wadi Al Aamal incubation program and work across a range of technology and economic sectors. It covers the solutions they offer, the milestones in their development, their progress indicators and their plans for the next stage. The companies are at different stages: some have achieved operational growth and closed investment rounds, while others are launching their product and building their customer base.

  • 17startups graduated from the program
  • 14+technology and economic sectors
  • 45.25million SAR in announced closed funding
  • 59.5million SAR in ongoing investment rounds
The companies' journey with the incubator

Training, then mentoring and follow-up, then graduation and continued growth

  1. 1

    Developing the venture

    40 hours · 5 days

    40 training hours over five days covering idea development, business model design, founding and management, financial planning, and preparing for growth and investment.

  2. 2

    Mentoring and execution support

    12 sessions · 90 days

    12 consulting and mentoring sessions over 90 days to help founders test their assumptions, develop their businesses and track their progress.

  3. 3

    Graduation and continued growth

    Venture valuation

    Completing the program with support for the investor pitch, venture valuation and due-diligence file, while continuing to benefit from the incubator's community and services.

Graduates at a glance

17 companies by sector and stage

#Company and websiteSectorStageFunding
1
AlMenu المنيوwww.al-menu.com
Restaurant operations as a service · Cloud POS
Series A
SAR 38M closed (2024) · current round SAR 4M
2
RAMKY رامكيwww.ramkyapp.com
B2B e-commerce · Food supply
Growth
SAR 10M at a SAR 50M valuation
3
Rehla رحلةwww.rehlacar.com
Mobility tech · Intercity ride-sharing
Two closed rounds
SAR 7.25M closed in the 2021 and 2023 rounds
4
NARD نردwww.nardpos.com
Retail software and cloud POS (SaaS)
Seed
Current seed round: SAR 5.5M
5
EdTech · Software as a service
Growth
USD 1M (SAR 3.75M) at a USD 7.55M valuation
6
Binaak بناءكwww.binaak.com
Construction tech · Building materials supply and management
Seed
Current seed round: SAR 6.5M
7
Aqaar عقارwww.aqaarapp.net
PropTech · Property management
Seed
Current seed round: SAR 7.5M
8
OjrahApp أجرةwww.ojrahapp.com
Mobility tech · Fleet management and compliance
Pre-Seed
Current round: USD 800K ≈ SAR 3M
9
Hayyiz حيزwww.hayyiz.app
Logistics · Storage, fulfillment and transport as a service
Seed
Current seed round: SAR 3.5M
10
Engineering services platforms · Specialized marketplace
Seed
Current seed round: SAR 4.5M
11
Mieyar معيارwww.mieyar.app
Fintech · Investment data
Pre-Seed
Current round: SAR 2.5M
12
Automotive tech · Digital car marketplace
Pre-Seed
Current round: SAR 1M
13
Sport × Technology × Digital learning
Pre-Seed
Current round: USD 1M (about SAR 3.75M)
14
Tabaq طبقwww.tabaq.co
Food and hospitality tech · Artificial intelligence
Pre-Seed
Current round: SAR 1M for 10%
15
Remotly ريموتليwww.remotely.store
Restaurant management software (SaaS)
Pre-Seed
Current round: SAR 1M for 10%
16
Talent platforms and professional communities
Pre-Seed
Current round: SAR 1M for 10%
17
Mashfa مشفىwww.mashfa.com
HealthTech
Pre-Seed
Current round: SAR 1M (+ in-kind support) for 65%
The stories

Each company's story

Showing 17 of 17 companies

AlMenu المنيو
01Series A

AlMenu المنيو

A technology platform and operating expertise that make restaurants and cafés more efficient

Sector
Restaurant operations as a service · Cloud POS
Headquarters
Riyadh
Launched
2022

About the company

AlMenu offers an integrated system that supports restaurant and café operations, combining cloud point-of-sale with field expertise, menu engineering and cost control, and helps businesses turn operating data into practical decisions that improve efficiency and performance. The company serves more than 1,000 restaurants and cafés, closed a SAR 38 million investment round in 2024, and its next plan targets a wider footprint and customer base.

Key indicators

  • 38MSAR closed round (2024)
  • 1,000+restaurant and café customers
  • 20cities in the partner network
  • 5.9xcustomer lifetime value to acquisition cost

Closed rounds and current round

In October 2024 AlMenu closed a SAR 38 million investment round (about USD 10 million) led by Al Majdiah Investment with a group of investors. In its investor presentation (January 2026) it is raising a SAR 4 million Series A that, together with revenue, funds an 18-month plan ending with 2,000 active paying customers and SAR 1.1 million in monthly recurring revenue, opening hubs in Jeddah and Dammam and reaching operating break-even in the tenth quarter.

Sources: AlMenu investor presentation; Wamda, "Al Menu raises $10 million to boost operations in Saudi Arabia" (October 2024).

RAMKY رامكي
02Growth

RAMKY رامكي

A platform that connects food and hospitality businesses with wholesale suppliers

Sector
B2B e-commerce · Food supply
Headquarters
Jeddah
Launched
2022

About the company

A Saudi business-to-business e-commerce platform founded in Jeddah in 2022 to connect small and medium businesses directly with suppliers and wholesalers through an app and website: more than 12,000 products at wholesale prices, with ordering, delivery, e-invoicing and analytics for restaurants, cafés, hotels and catering companies.

It runs an asset-light model with no warehouses and earns revenue from commissions, supplier subscriptions and paid services. Sales grew from SAR 10.3 million in 2024 to SAR 22.4 million in 2025, 70% of them from repeat customers, and the company plans to expand to Qassim, Abha and Tabuk and then the Gulf.

Key indicators

  • 22.4MSAR sales in 2025 (+118%)
  • 200+businesses active monthly
  • 550orders per month
  • 72Net Promoter Score

Current investment round

In its investor presentation (January 2026) RAMKY is raising SAR 10 million for 16.7% of its equity at a pre-money valuation of SAR 50 million (a SAR 45–57 million range based on discounted cash flow and market multiples) to fund geographic expansion, platform development, marketing and hiring, targeting 1,300 orders a month across four cities within 18 months. The company has no debt and posted a positive net profit in 2024 and 2025.

Source: RAMKY valuation presentation (January 2026).

Rehla رحلة
03Two closed rounds

Rehla رحلة

Digital ride-sharing between cities across the Kingdom

Sector
Mobility tech · Intercity ride-sharing
Headquarters
Jeddah
Launched
2018 · Transport General Authority license 2019

About the company

A Saudi app (operated by Terhal Al Mudun Company) for intercity passenger transport based on ride-sharing: drivers offer the empty seats in vehicles heading to another city, and travelers book them through the app, which lowers the cost of the trip and turns empty seats into income. It is the first app licensed by the Transport General Authority for this service.

Its services have grown to include advance booking, airport transfers, tours and parcel delivery, with a focus on women's privacy and passenger safety. It has signed agreements with Riyadh Airports, Tibah Airports and the Human Resources Development Fund (HADAF), and had carried 12,200 passengers on 3,917 trips by September 2021.

Key indicators

  • 7.25MSAR across the two closed rounds
  • 12,200passengers (September 2021)
  • 3,917trips completed
  • 1,518registered drivers

Closed investment rounds

Rehla closed its first round of SAR 2.25 million in April 2021 on the Scopeer crowdfunding platform, then its second round of SAR 5 million (about USD 1.3 million) in July 2023 on Afaq Financial, offering 178,500 shares at SAR 28 each, for a total of SAR 7.25 million across both rounds. It has been through the Badir incubator and the Taqadam and Falak accelerators, and won the Zain startup bootcamp in 2021.

Sources: Rehla presentation; Wamda (Arabic), "Saudi Rehla closes $1.3 million funding round" (July 2023).

NARD نرد
04Seed

NARD نرد

Integrated management of retail stores and branches on one cloud platform

Sector
Retail software and cloud POS (SaaS)
Headquarters
Saudi Arabia
Launched
2023 (3 years since commercial launch)

About the company

A cloud platform for retailers and branch chains that brings point of sale, payments, inventory, purchasing, suppliers, customers, loyalty programs and reporting into one system, integrated with online stores, payment gateways, accounting and e-invoicing, with the depth of global systems at a price and ease of use that suit local merchants.

In three years since launch its base has passed 1,000 businesses running more than 1,000 points of sale in Saudi Arabia, Egypt, Jordan and Kuwait across five retail categories, on recurring subscriptions averaging SAR 350 a month with a 75% gross margin. It is building an AI layer for demand forecasting and replenishment.

Key indicators

  • 1,000+subscribed retail businesses
  • 4countries of operation
  • 5retail categories
  • 6.6xcustomer lifetime value to acquisition cost

Current investment round

In its investor presentation (September 2026) NARD is raising a SAR 5.5 million seed round that, with expected revenue, funds an 18-month plan ending with 2,500 subscribed businesses, SAR 875,000 in monthly recurring revenue, the launch of its AI modules and readiness for a Series A; allocated to technology development (35%), marketing (30%), operations (20%), compliance (5%) and a reserve (10%).

Source: NARD investor presentation (September 2026).

Acadimiat أكاديميات
05Growth

Acadimiat أكاديميات

Helping experts and trainers build and grow their own digital academies

Sector
EdTech · Software as a service
Headquarters
Bahrain / Saudi Arabia
Launched
2023 (commercial launch 2024)

About the company

An Arabic-first platform that combines a learning management system and e-commerce in one solution, letting experts, trainers and content creators launch a branded digital academy within hours: secure hosting for courses, digital products and webinars, sales pages and certificates, and built-in regional payment gateways, with an Arabic interface and local support.

Revenue to date has reached SAR 670,000 from 346 paying accounts and 230 active academies, with 8,804 trainer accounts and 48,749 students, and the company was net-profitable in 2025. It runs a subscription model with transaction fees and a target margin above 80%, led by Thabet Hijazi (CEO) and Nour Eddine Yassine (CTO) with a team of 18.

Key indicators

  • 670KSAR revenue to date
  • 230active paying academies
  • 48,749students
  • $7.55Mpre-money valuation (independent report)

Current round and valuation

In its investor presentation Acadimiat is raising USD 1 million (about SAR 3.75 million), allocated to product and engineering (40%), marketing and sales (35%), customer success (15%) and operations and compliance (10%), to reach more than 1,000 paying academies, expand into North Africa and prepare for a Series A. An independent valuation report puts its pre-money value at USD 7.55 million (range USD 7.14–7.96 million).

Sources: Acadimiat investor presentation; independent valuation report; 2025–2028 financial model.

Binaak بناءك
06Seed

Binaak بناءك

From quantity take-off to material supply and usage tracking

Sector
Construction tech · Building materials supply and management
Headquarters
Saudi Arabia
Launched
2025 (14 months since launch)
Website
binaak.com

About the company

A digital platform that turns the plans of villa, building and construction-project owners into an accurate bill of quantities, then buys, supplies and stores the materials and monitors their use on the owner's behalf through a network of approved factories and suppliers and quality tiers (A/B/C), protecting owners from inflated prices, lower quality and manipulated quantities.

In 14 months since commercial launch it has built a base of 250 paying customers and 900 trial customers, with a net supply margin of about 6% plus take-off fees and a monitoring subscription that yield SAR 14,400 a year per customer, in a core building-materials market estimated at about SAR 200 billion a year with a serviceable market of nearly SAR 480 million.

Key indicators

  • 250paying project owners
  • 900trial customers
  • 480MSAR serviceable market per year
  • 6xcustomer lifetime value to acquisition cost

Current investment round

In its investor presentation (September 2026) Binaak is raising a SAR 6.5 million seed round that, with expected revenue, funds an 18-month plan ending with 1,000 active paying customers and SAR 1.2 million in net monthly revenue on about SAR 12.5 million of materials handled per month, operating break-even around month 21 and readiness for a Series A; allocated to operations and working capital (40%), technology development (27%), marketing (20%), compliance (5%) and a reserve (8%).

Source: Binaak investor presentation (September 2026).

Aqaar عقار
07Seed

Aqaar عقار

A cloud platform for managing real-estate assets, leasing and rent collection

Sector
PropTech · Property management
Headquarters
Saudi Arabia
Launched
2025 (12 months since launch)

About the company

A cloud platform for real-estate portfolio owners, property management companies, developers and licensed brokerages that manages the full property life cycle: listing and marketing, customer and viewing management, e-contracts, collection and bank reconciliation, and dashboards for occupancy, returns and arrears.

In 12 months since commercial launch it has built a base of 1,000 accounts, 200 of them paying and 800 on trial, with per-unit subscriptions plus transaction fees averaging SAR 1,200 a month per customer and a 70% margin, in a serviceable market of nearly SAR 216 million a year supported by catalysts such as the non-Saudi ownership law and the rent freeze in Riyadh.

Key indicators

  • 200active paying customers
  • 800trial accounts
  • 5target cities within 18 months
  • 7.5xcustomer lifetime value to acquisition cost

Current investment round

In its investor presentation (January 2026) Aqaar is raising a SAR 7.5 million seed round that, with expected revenue, covers 18 months and takes it to 1,000 paying customers in five cities, SAR 1.2 million in monthly revenue and readiness for a growth round; allocated to technology development (35%), marketing (30%), operations and team (20%), compliance (5%) and a reserve (10%).

Source: Aqaar investor presentation (January 2026).

OjrahApp أجرة
08Pre-Seed

OjrahApp أجرة

Taxi fleet management, operations tracking and regulatory compliance

Sector
Mobility tech · Fleet management and compliance
Headquarters
Saudi Arabia
Launched
2022

About the company

A platform for taxi companies that combines compliance with Transport General Authority requirements (an approved digital meter, a live-streaming camera and real-time tracking) with fleet management: trip dispatch, resource planning, analytics and a built-in marketplace. It is one of only five licensed providers in the Kingdom.

Since the fourth quarter of 2022 it has generated USD 700,000 in revenue and serves 15 taxi companies operating 1,000 vehicles, with USD 80,000 in annual recurring revenue. Its plan moves from compliance (completed) to a platform subscription (USD 75 per vehicle per month) and then an all-in subscription covering financing, insurance and maintenance.

Key indicators

  • $700Krevenue since Q4 2022
  • 1,000vehicles on the platform
  • 15taxi company clients
  • 1 of 5licensed providers in the Kingdom

Current investment round

In its investor presentation OjrahApp is raising USD 800,000 (about SAR 3 million) to fund software development, hiring, marketing and sales and operational expansion, aiming to pass 1,500 subscribed vehicles with annual subscription revenue of about USD 1.4 million and similar revenue from rear-seat advertising. Crunchbase lists it at the pre-seed stage.

Sources: OjrahApp investor presentation; company profile on Crunchbase (pre-seed).

Hayyiz حيز
09Seed

Hayyiz حيز

Storage, order fulfillment and delivery on demand for businesses

Sector
Logistics · Storage, fulfillment and transport as a service
Headquarters
Saudi Arabia
Launched
2026 (6 months since launch)
Website
hayyiz.app

About the company

Hayyiz lets merchants and small and medium businesses manage storage, order fulfillment and delivery through one platform and a network of partners, paying only for what they use. In the first six months after its commercial launch the platform attracted 400 businesses, 100 of them using its paid services, according to its investor presentation. The company is expanding its customer base and developing its services to support the growth of the businesses it serves.

Key indicators

  • 100active paying customers
  • 400businesses on the platform
  • 6months since commercial launch
  • 7.3xcustomer lifetime value to acquisition cost

Current investment round

In its investor presentation (January 2026) Hayyiz is raising a SAR 3.5 million seed round that, with expected revenue, covers 18 months of costs with a safety margin of about SAR 1 million, to reach 600 paying customers, net monthly revenue of about SAR 660,000 (an annual run rate of SAR 7.9 million) and monthly break-even in the following quarter; allocated to operations and team (40%), technology development (27%), marketing (20%), compliance (3%) and a reserve (10%).

Source: Hayyiz investor presentation (January 2026).

ByEngineers باي إنجنيرز
10Seed

ByEngineers باي إنجنيرز

Connecting projects with engineering talent and managing delivery, review and handover

Sector
Engineering services platforms · Specialized marketplace
Headquarters
Saudi Arabia
Launched
2025 (12 months since launch)

About the company

A platform that runs the engineering services and consulting cycle for small and medium engineering offices, contractors and developers: from scoping, pricing and choosing a specialist within 48 hours to execution, review and handover by qualified engineers and licensed firms. It does not sell "an engineer's time" but "an approved engineering deliverable", with automated checks, human review and payment released on approval.

In 12 months since launch it has built a base of 800 trial customers and 500 registered engineers in qualification, and draws on an education ecosystem of more than 20,000 users as an owned acquisition channel, in a market of more than 4,500 licensed engineering offices within a construction sector that generated SAR 470.6 billion in revenue in 2024.

Key indicators

  • 800trial customers
  • 500registered engineers
  • 20K+users in the education ecosystem
  • 66%savings versus permanent hiring

Current investment round

In its investor presentation (September 2026) ByEngineers is raising a SAR 4.5 million seed round to turn 800 trial customers and 500 registered engineers into a platform generating SAR 588,000 a month within 18 months (600 active paying customers, an annual run rate of nearly SAR 7 million) with readiness for a Series A; the platform takes 22% of each completed order at a 75% gross margin.

Source: ByEngineers investor presentation (September 2026).

Mieyar معيار
11Pre-Seed

Mieyar معيار

US stock data in Arabic with comparison and screening tools

Sector
Fintech · Investment data
Headquarters
Saudi Arabia
Launched
2025 (12 months since commercial launch)
Website
mieyar.app

About the company

A technology platform that collects US stock data from trusted sources, processes it automatically and presents it in Arabic against predefined, published financial indicators and Sharia screening criteria, so individual investors get a screening result and its reasons in seconds instead of hours of manual review, along with search, comparison, watchlists and alerts.

It serves Saudi investors moving into US equities, in a market where foreign markets' share of brokerage clients' trading rose from 8% to 25% during 2025, with a second revenue stream from licensing data to financial institutions. Within 12 months it reached 200 paying subscribers and 800 trial users, a conversion rate of about 20%.

Key indicators

  • 200paying subscribers
  • 800trial users
  • 20%conversion to paid subscription
  • 90MSAR serviceable market per year

Current investment round

In its investor presentation (September 2026) Mieyar is raising a SAR 2.5 million pre-seed round that, with expected revenue, covers 18 months of operations and ends with 2,500 active paying subscribers, monthly revenue of about SAR 135,000, two data-licensing contracts and readiness for a seed round; on recurring subscriptions averaging SAR 50 a month with a 70% gross margin.

Source: Mieyar investor presentation (September 2026).

Lozoom Car لزوم كار
12Pre-Seed

Lozoom Car لزوم كار

A complete digital journey for buying and selling cars and accessing financing

Sector
Automotive tech · Digital car marketplace
Headquarters
Saudi Arabia
Launched
2025 (one year since launch)

About the company

A digital commerce platform for new and used cars in Saudi Arabia that brings the buying journey into one path: discovery, comparison, financing, payment, delivery and after-sales services, in cash or financed, with status updates until handover and a decision-data layer offering specification comparisons, estimated monthly cost and pricing and inspection indicators.

In its first year it sold 65 cars through a structured completion journey, proving demand and the ability to execute. It earns revenue from deal commissions (1–2%), financing referral and service fees and business subscriptions for dealers, in a market where car transactions are estimated at SAR 140–200 billion a year.

Key indicators

  • 65cars sold in the first year
  • 140BSAR total market per year
  • 10,000target users within 18 months
  • 1–2%commission on completed deals

Current investment round

In its investor presentation Lozoom Car is raising SAR 1 million to fund growth to 10,000 users within 18 months and improve its deal completion rate, allocated to marketing and customer acquisition (40%), product and data development (30%), team building (20%), technical infrastructure (7%) and an operating reserve (3%).

Source: Lozoom Car investor presentation.

FBA Academy أكاديمية FBA
13Pre-Seed

FBA Academy أكاديمية FBA

A digital academy project for developing football skills in Arabic

Sector
Sport × Technology × Digital learning
Headquarters
Riyadh
Launched
2025 (platform launching)

About the company

An online football training platform in Arabic offering leveled training tracks (beginner, intermediate, advanced) for children and juniors (7–18) and young adults and amateurs (19–30): video performance assessments, interactive drills, live sessions with certified coaches, progress reports for students and parents, and a B2B layer for schools and academies.

It is led by sports content creator Bashar Arabi, whose 8 million followers form a low-cost acquisition channel, and its curriculum is in production with a network of local coaches. The model rests on subscriptions (SAR 49–149 a month), licenses for schools and clubs, sponsorships and certificates, in a Saudi sports market expected to reach USD 22.4 billion by 2030.

Key indicators

  • 8Mfollowers of the founder's channels
  • $1Mtarget round for 18 months
  • 50Ktarget subscribers within 18 months
  • $22.4Bprojected Saudi sports market in 2030

Current investment round

In its presentation (August 2025) the academy is raising a USD 1 million pre-seed/angel round for 18 months to fund product and engineering, content and production, marketing and growth, and compliance and digital safety, with milestones of 50,000 subscribers, 50–100 B2B partners in Saudi Arabia and entry into two Gulf markets.

Source: FBA Academy investor presentation (August 2025).

Tabaq طبق
14Pre-Seed

Tabaq طبق

A smart platform for discovering food experiences, starting from the dish

Sector
Food and hospitality tech · Artificial intelligence
Headquarters
Saudi Arabia
Launched
Launching
Website
tabaq.co

About the company

Tabaq is developing a platform for discovering food experiences that starts from dish ratings and user preferences to offer recommendations that better match each person's taste. Its concept includes ordering, booking and gifting, along with corporate hospitality solutions. The platform is preparing to launch and is seeking funding to support product development, user-experience testing and partnerships.

Key indicators

  • 125BSAR total market
  • 94,503food and hospitality businesses
  • 8–15%assumed commission per order
  • 10%equity offered for the round

Current investment round

In its investor presentation Tabaq is raising SAR 1 million for a 10% stake (an implied valuation of SAR 10 million) and is looking for an investment partner to support its build and expansion stage, with a business model that combines user memberships, ordering and booking commissions (8–15%), vouchers and gifting, restaurant subscriptions, smart advertising and a business platform for companies.

Source: Tabaq investor presentation.

Remotly ريموتلي
15Pre-Seed

Remotly ريموتلي

Remote oversight of restaurant, café and branch operations

Sector
Restaurant management software (SaaS)
Headquarters
Saudi Arabia
Launched
Not stated in the presentation

About the company

An online platform that makes it easier to manage and run restaurants and cafés remotely: managers create operating tasks, schedule them and assign them to branch teams to be carried out at set times across the day, week or month, and senior management then receives instant reports on their completion without field supervision or travel between cities.

It supports food safety, compliance with municipal regulations, higher brand standards and control of daily operations, and targets cafés, fast food, juice bars, sweet shops, bakeries, central kitchens, hotel restaurants and hospital kitchens. It has been piloted by a number of restaurant and café chains in the Kingdom.

Key indicators

  • 4pillars: create, schedule, assign, report
  • 8target food-business segments
  • 15+brands that have piloted the platform

Current investment round

Remotly is raising a SAR 1 million pre-seed round for a 10% stake. The platform reports that it helps its customers cut administrative and operating costs and municipal fines while raising quality, staff performance, sales and profits.

Source: company data and the Remotly company profile.

Saudi Makers سعودي ميكرز
16Pre-Seed

Saudi Makers سعودي ميكرز

A platform for professional talent, communities and collaboration opportunities

Sector
Talent platforms and professional communities
Headquarters
Saudi Arabia
Launched
Not stated in the presentation

About the company

A trusted digital reference that brings Saudi and resident expertise together on one platform and gives it a professional presence that makes it easy to discover and contact: a digital professional directory, searchable professional profiles, specialized communities by sector, and opportunities for collaboration, employment and projects.

It offers value to individuals (a professional presence and access to organizations), companies (trusted expertise and less time spent searching for talent) and universities (showcasing student projects and improving employability), and verifies every profile to ensure credibility. Its vision is to become the Kingdom's leading digital reference for professional and creative talent.

Key indicators

  • 100%verified talent
  • 5+specialized professional communities
  • 4steps to join: account, profile, verification, community

Current investment round

Saudi Makers is raising a SAR 1 million pre-seed round for a 10% stake, and continues to grow its ecosystem through specialized communities in law, artificial intelligence, media, branding and career development, and partnerships with government and private organizations and universities.

Source: company data and the Saudi Makers company profile.

Mashfa مشفى
17Pre-Seed

Mashfa مشفى

Easier access to medical services locally and abroad, remotely, with a managed patient journey

Sector
HealthTech
Headquarters
Saudi Arabia
Launched
Not stated in the presentation
Website
mashfa.com

About the company

A healthcare information technology platform (Mashfa Information Technology Company) that connects patients with medical providers in the Kingdom and around the world: a smart personal assistant that understands the need, chooses the doctor and books, an AI symptom checker, telemedicine by voice, video and chat, home care and at-home lab tests, and a medical ID holding the patient's record.

It offers medical and treatment packages with clear information on cost, duration and visits, hospital price comparisons, an employee health program, and free and paid memberships (SAR 50 a year) with a network of medical providers and discounts, as well as medical tourism and Mashfa Magazine, in line with HIPAA privacy standards. The brand is registered in the United Kingdom and Turkey.

Key indicators

  • 93%automated diagnosis accuracy (per the presentation)
  • 50SAR per year for paid membership
  • 500Ktarget users in year three

Investment ask

Mashfa's presentation asks for an investment of SAR 1 million plus in-kind support from legal, marketing and public relations staff valued at about SAR 1 million, in exchange for a 65% stake in the company, to fund the launch of the platform and its services under a three-year projection that starts with 10,000 free users and reaches 500,000.

Source: Mashfa presentation.

Start your entrepreneurial journey with Wadi Al Aamal

Every venture starts with an idea and moves forward with knowledge, experience and the right support. If you are developing an entrepreneurial idea or building a startup, the Wadi Al Aamal incubation program offers hands-on training, mentoring and consulting that help you develop your business model and prepare for the next step. The program welcomes a new cohort every quarter.

How to apply

  1. 1Fill in the application form on our website and attach the required documents.
  2. 2Application review and interview.
  3. 3Notification of the admission decision.
Apply now

A graduate company that wants to update its details?

This page is updated regularly with every new cohort and every investment round our graduates announce. Email us at [email protected] to add or update your company's details.