Saudi Arabia’s smart mobility leader Arsann has raised USD 26.7 million (SAR 100 million) in investment from Merak Capital to accelerate its expansion into smart parking and urban mobility infrastructure. The funding supports Arsann’s growth into giga projects, municipal on-street networks, and Vision 2030 smart city initiatives. This will help in strengthening the Kingdom’s digital transformation in mobility management.
With this new investment, Arsann plans to:
This expansion aligns with Saudi Arabia’s ongoing efforts to modernize its urban mobility infrastructure, promote sustainability, and improve the flow of traffic across major cities.
Chairman Mahmoud Ghulman emphasized Arsann’s broader mission: “From the start, Arsann set out to enable economic growth through opportunity—not just by building technology, but by empowering the people who move our cities. This investment allows us to scale that mission and deepen our contribution to the national economy.”
Founded in 2017, Arsann has become a key enabler of smart mobility across Saudi Arabia. The company:
These innovations help reduce congestion, optimize parking management, and improve user convenience. Arsann’s solutions currently serve a wide range of sectors including retail, airports, hospitals, and hospitality.
Arsann’s model transforms parking spaces into data-driven, revenue-generating assets. Businesses can monitor usage, generate insights, and improve operations through real-time analytics.
Merak Capital’s Partner and Head of Capital Formation, Mohannad Alfayez, highlighted the strategic significance of the deal: “Our investment in Arsann reflects Merak’s conviction that technology and infrastructure can work together to deliver meaningful impact—supporting national priorities and expanding opportunities for Saudi talent.”
By integrating its digital systems into the Kingdom’s growing smart city framework, Arsann is helping drive the goals of Vision 2030—enhancing urban efficiency, creating local jobs, and unlocking new mobility value chains.
Arsann’s approach combines technology with human-centered design. Its platform supports a network of on-ground operators and mobility service providers, ensuring inclusive participation in Saudi Arabia’s evolving transportation landscape.
The investment by Merak Capital marks a pivotal step in positioning Arsann as a regional leader in smart mobility innovation and a key player in shaping the future of urban infrastructure across the Kingdom.
