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Sanabil

Asia, Ar Riyad, Saudi Arabia, Riyadh

Description

Sanabil Investments, wholly owned by Saudi Arabia's Public Investment Fund (PIF), operates as a significant global financial investment company. Established with a mandate to strategically deploy capital into private markets, Sanabil plays a crucial role in diversifying the Saudi economy beyond oil, aligning with the Kingdom's Vision 2030 objectives. Its investment philosophy centers on long-term value creation through both direct investments and commitments to leading global funds.

The firm employs a dual investment strategy, engaging in direct equity investments in high-growth companies while also acting as a substantial fund-of-funds investor. Sanabil primarily targets growth-stage and late-stage companies, seeking to partner with innovative businesses that demonstrate strong potential for market leadership and sustainable expansion. Geographically, its reach is global, with a focus on key technology hubs and emerging markets across various sectors, including but not limited to technology, healthcare, and industrials. In 2023, Sanabil announced ambitious plans to invest approximately $1.5 billion annually in venture capital funds and direct investments in startups, underscoring its commitment to fostering innovation and economic growth.

With substantial capital backing from the PIF, Sanabil possesses significant financial firepower, enabling it to participate in large, complex transactions. The firm reportedly managed assets exceeding $30 billion as of 2022, positioning it as a major player in the global private equity and venture capital landscape. This considerable asset base allows Sanabil to adopt a patient, long-term investment horizon, providing stable capital to its portfolio companies and fund partners. Its strategic approach emphasizes building robust, enduring relationships with entrepreneurs and fund managers, aiming for impactful contributions to the companies it backs.

Sanabil's presence in the global investment arena reflects Saudi Arabia's growing influence in private capital markets. By deploying capital into cutting-edge technologies and disruptive business models worldwide, Sanabil not only seeks financial returns but also aims to foster knowledge transfer and economic development within Saudi Arabia. Its role extends to attracting international talent and expertise, contributing to a vibrant domestic innovation ecosystem.

Investor Profile

Sanabil has backed more than 29 startups, with 6 new investments in the last 12 months alone. The firm has led 16 rounds, about 55% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series C, Pre Seed rounds (top funding stages).
  • Majority of deals are located in United States, Saudi Arabia, United Arab Emirates.
  • Strong thematic focus on Artificial Intelligence (AI), Software, Information Technology.
  • Led 2 rounds in the past year.
  • Typical check size: $20M – $200M.

Stage Focus

  • Series B (21%)
  • Series C (17%)
  • Pre Seed (14%)
  • Series D (10%)
  • Series A (10%)
  • Seed (10%)
  • Undisclosed (7%)
  • Series I (3%)
  • Series E (3%)
  • Series F (3%)

Country Focus

  • United States (41%)
  • Saudi Arabia (34%)
  • United Arab Emirates (17%)
  • France (3%)
  • Singapore (3%)

Industry Focus

  • Artificial Intelligence (Ai)
  • Software
  • Information Technology
  • Machine Learning
  • Analytics
  • E-commerce
  • Financial Services
  • Fintech
  • Retail
  • Predictive Analytics
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Sanabil frequently co-invest with?

STV
Asia, Ar Riyad, Saudi Arabia, Riyadh
Co-Investments: 5
Plus Venture Capital
Asia, Abu Dhabi, United Arab Emirates, Abu Dhabi
Co-Investments: 3
Endeavor Catalyst
North America, New York, United States, New York
Co-Investments: 7
March Capital
North America, California, United States, Santa Monica
Co-Investments: 3
Dell Technologies Capital
North America, California, United States, Palo Alto
Co-Investments: 3
500 Global
North America, California, United States, San Francisco
Co-Investments: 5
Salesforce Ventures
North America, California, United States, San Francisco
Co-Investments: 3
Raed Ventures
Asia, Ar Riyad, Saudi Arabia, Riyadh
Co-Investments: 3
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 3
NVIDIA
North America, California, United States, Santa Clara
Co-Investments: 2

Which angels does Sanabil often collaborate with?

PI
Europe, England, United Kingdom, London
Shared Deals: 1

What are some of recent deals done by Sanabil?

theklicker

Palo Alto, California, United States

Theklicker is an e-commerce tool that provides a directory of products for consumers to efficiently buy online.

E-CommerceInformation ServicesInternetOnline Portals
Series BJul 18, 2025
Amount Raised: $1,000,000
HNDL Fleet Management

Cairo, Al Qahirah, Egypt

HNDL is a fleet management solution designed to empower fleet managers with a streamlined, user-friendly, and time-efficient platform.

Fleet ManagementInformation TechnologySoftware
Pre SeedJul 1, 2025
iMENA Group

Dubai, Dubai, United Arab Emirates

Operating online & mobile businesses in the high-growth, under-served market of the MENA region. Creating value for users and communities

AdvertisingClassifiedsOnline Portals
UndisclosedApr 27, 2025
Amount Raised: $135,000,000
SILQ

Singapore, Central Region, Singapore

SILQ is a platform dedicated to bridging economies and empowering businesses to trade, grow, and navigate new frontiers.

UndisclosedApr 9, 2025
Amount Raised: $110,000,000
Reno Home

Abu Dhabi, Abu Dhabi, United Arab Emirates

Home Improvement, Interior Design, Software

Commercial Real EstateHome RenovationInterior DesignReal Estate
Pre SeedFeb 20, 2025
Amount Raised: $1,400,000
Kitchenara

Jeddah, Makkah, Saudi Arabia

MENA’s first video-driven food platform, like TikTok for food, where users review, share, and earn while restaurants grow with UGC.

Food and BeverageFood DeliveryMedia and EntertainmentOnline Portals
SeedDec 1, 2024
Octa

Abu Dhabi, Abu Dhabi, United Arab Emirates

Octa is a one-click automated system for collecting invoices that ensures timely payment to business-to-business firms.

Information TechnologyInternetSoftware
Pre SeedOct 10, 2024
Amount Raised: $2,250,000
DeltaStream

San Mateo, California, United States

DeltaStream is a real-time stream processing platform that includes streaming analytics and database features.

DatabaseInformation TechnologySoftware
Series ASep 17, 2024
Amount Raised: $15,000,000
OTO

Riyadh, Ar Riyad, Saudi Arabia

Building the shipping gateway of the internet.

Delivery ServiceE-CommerceInformation TechnologyLogisticsRetail TechnologyShipping
Series AJul 22, 2024
Amount Raised: $7,998,080
Mistral AI

Paris, Ile-de-France, France

Mistral AI is an AI startup that provides developers and businesses access to open and portable generative AI solutions.

Artificial Intelligence (AI)Generative AIMachine LearningNatural Language ProcessingSoftware
Series BJun 11, 2024
Amount Raised: $502,074,275