Elm is a Saudi digital services company owned by the Public Investment Fund (PIF) that operates a corporate venture capital arm, Elm Ventures, investing in early-stage technology startups across mobility, health, information security, and financial services in the MENA region.
Their most common stage is series-c (57% of deals). Average disclosed round size is $40.2M (across 5 rounds with reported amounts).
Portfolio
6
Fund Size
—
Top Stage
Series C
Last 12 Mo
0
Team
MP
Michael Ponticello
Founding Partner and CEO
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
7 investments
Top Co-Investors
Chiratae Ventures2 shared
Unilever Ventures2 shared
HealthQuad2 shared
Khosla Ventures2 shared
Inventus Capital Partners2 shared
LeapFrog Investments2 shared
Endeavor2 shared
BECO Capital2 shared
Impact462 shared
Sanabil Investments1 shared
STV1 shared
Mubadala Ventures1 shared
Greyhound Capital1 shared
Techstars1 shared
Finnfund1 shared
British International Investment1 shared
Blume Ventures1 shared
Last updated: 8 September 2026