Finanshels

FTA-Approved Tax AgencyReg. No. 30022628

Back to all tools

Plug and Play

Global / Saudi presenceAccelerator / Seed Program

Visit website

Location

Global / Saudi presence

Investment stages

Pre-SeedSeedSeries ASeries B+Growth

Fund type

Accelerator / Seed Program

Check size

Not publicly disclosed

About

Plug and Play is a Sunnyvale, California-based accelerator and early-stage investor founded in 2006 by Saeed Amidi, an early backer of tenants at its original 165 University Avenue site including Google, PayPal, Dropbox and LendingClub. In June 2023 the firm announced plans to raise a dedicated $100 million fund for Saudi Arabian tech startups, seeking anchor backing from Jada, the Public Investment Fund's venture-focused fund of funds. It runs Saudi accelerator cohorts alongside corporate partners including Aramco, Riyadh Bank and SABIC, with a stated goal of backing around 20 regional startups a year through the program.

Founded
GCC relevance
International, Active in GCC
How to reach out
Apply through programs

Sector focus

Sector-Agnostic

Notable portfolio

GooglePayPalDropboxLendingClub

Key people

Saeed Amidi

Founder & CEO

Similar investors

Explore the financial depth of your business

Try Halatax