Private market investing is gaining momentum across the Middle East. Vennre, a Saudi and UK based wealth platform, has raised $9.6 million to accelerate its regional expansion. The pre Series A round combines equity and debt and supports the company’s push into Saudi Arabia and wider MENA markets.
Vennre focuses on high earning professionals who want access to private investments. The platform lowers barriers and simplifies complex structures. It aims to help users build long term wealth with confidence.
Strong Investor Backing Fuels Growth
The funding round attracted a strong group of regional and global investors. Vision Ventures and anb seed Fund co led the round. Several strategic firms and individuals also joined.
Key participants include:
- Vision Ventures
- anb seed Fund
- Sanabil 500
- Ace and Co
- Plus VC
- Strategic investors from banking and technology
This backing reflects growing demand for private market access among emerging investors in the region.
Expanding Access to Private Markets
Vennre opens doors to asset classes that once served institutions and ultra wealthy investors. The platform offers curated opportunities across multiple private segments.
Users can invest in:
- Private equity
- Real estate
- Venture capital
- Private credit
Minimum investment tickets start at around $5,000. This structure allows broader participation without excessive capital requirements. The platform also offers Sharia compliant opportunities to meet regional preferences.
Serving High Earners Not Rich Yet
Vennre targets the HENRY segment. These professionals earn strong incomes but lack access to advanced wealth tools. Many rely on public markets or savings accounts.
Vennre addresses this gap by:
- Lowering entry thresholds
- Simplifying deal structures
- Offering guided investment discovery
- Improving transparency and clarity
The platform combines financial expertise with technology. It helps users review deals, assess risk, and execute investments with ease.
A Long Term Wealth Creation Vision
Ziad Mabsout, CEO and co founder, believes income alone does not build lasting wealth. He notes that many professionals struggle to compound capital over time.
Vennre focuses on:
- Long term portfolio growth
- Disciplined investing behavior
- Trust and alignment with user goals
The company plans to evolve beyond deal access. It aims to become a full wealth platform that supports sustained financial progress.
Scaling Across Saudi Arabia and MENA
Vennre will use the new capital to expand its presence in Saudi Arabia. The Kingdom continues to see strong fintech growth and financial sector reform.
The funds will support:
- Client acquisition
- New product features
- Regional market expansion
As private markets gain traction, Vennre expects strong demand from underserved investors. The company believes curation, simplicity, and experience will drive adoption across MENA.