Tech Company Financing Transactions
Safqah Capital Funding Round
Safqah Capital, based in Riyadh, raised $15.2 million in funding from Shorooq Partners, 500 Global and COTU Ventures.
Transaction Overview
Company Name
Announced On
2/9/2026
Transaction Type
Venture Equity
Amount
$15,200,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to expand financing capacity, scale the digital platform, and build more advanced AI-driven risk and underwriting tools for developers.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Lafif Business Park, King Khalid Road, Almalqa District 12
Riyadh, Undisclosed
Kingdom of Saudi Arabia
Riyadh, Undisclosed
Kingdom of Saudi Arabia
Phone
Undisclosed
Website
Email Address
Overview
Safqah Capital is building the technology infrastructure that enables real estate development, licensed by CMA. We started with a debt-structured capital layer: fast financing for developers and investment opportunities for investors. Each opportunity is protected by three enforceable guarantees, underwritten by development specialists, and monitored through transparent reporting. Over time, Safqah will expand into lifecycle tools for developers and real estate investing solutions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Omar Alessa
Founder
Abdulmalik Alothman
Founder
Abdullah Alsubaie
Founder
Karim Merie
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