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HALA Ventures

Saudi ArabiaVenture Capital

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Location

Saudi Arabia

Investment stages

Pre-SeedSeed

Fund type

Venture Capital

Check size

Not publicly disclosed

About

HALA Ventures, founded in 2018 in Al-Khobar by Ali Abussaud and Hussain Almarhoon, is a Saudi-headquartered early- and growth-stage VC investing across fintech, e-commerce, edtech, logistics and B2B marketplaces in Saudi Arabia and the wider GCC/MENA. As of September 2025 it had backed 21+ companies with a reported portfolio value exceeding SAR 4 billion, including Torod, VUZ, NearPay, D360 Bank and Raqamyah, with four exits recorded as of mid-2024. In August 2025 the firm received a CMA license and rebranded to HALA Capital, expanding its mandate from venture capital into private equity and private credit.

Founded
GCC relevance
Core GCC
How to reach out
See official website

Recent activity: Received a CMA license and rebranded from HALA Ventures to HALA Capital on 7 August 2025, expanding its mandate into private equity and private credit. · source

Sector focus

Sector-Agnostic

Notable portfolio

TorodVUZNearPayD360 BankRaqamyahBondai

Key people

Ali Abussaud

Founding Managing Partner

Hussain Almarhoon

Founding Managing Partner

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