Tech Company Financing Transactions
Rewaa Funding Round
Rewaa closed a $45 million Series B funding round on 1/5/2026. Backers included Idrisi Ventures, Unity Ventures and Wa'ed Ventures.
Transaction Overview
Company Name
Announced On
1/5/2026
Transaction Type
Venture Equity
Amount
$45,000,000
Round
Series B
Investors
Idrisi Ventures (Lead Investor)
Unity Ventures (Lead Investor)
Wa'ed Ventures (Lead Investor)
Proceeds Purpose
The company will use the funding to enhance its AI-driven retail management solutions, expand capabilities for merchants across Saudi Arabia, and support its next phase of growth.
Company Information
Company Status
Private & Independent
Industry
RetailTech
Mailing Address
Rawaa Information Technology Company, Rawaa Building -- Groun
Riyadh, 12333
Kingdom of Saudi Arabia
Riyadh, 12333
Kingdom of Saudi Arabia
Phone
Website
Email Address
Overview
We enable traders and business owners to manage their businesses across the Kingdom. More than 23,000 merchants use Rawaa - the integrated program that covers all merchants' needs to serve as their technology partner. Rawaa was founded in 2018 as the first Saudi company to provide all the merchant's needs and unify them into a single program -- from cash registers to accounting and inventory -- all on one screen for ease of use.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Abdullah Al-Jadhai
Founder
Mohammed Al-Qusair
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We do our best to report on every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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