Rua Growth Fund is a Riyadh-based venture capital fund dedicated to investing in visionary founders driving technological innovation in Saudi Arabia and the MENA region. Born out of a strategic partnership between iMENA Group and Osool & Bakheet, the fund targets fintech, online marketplaces, and enterprise SaaS startups from early to growth stage.
Their most common stage is series-a (40% of deals). Average disclosed round size is $12.1M (across 5 rounds with reported amounts).
Portfolio
5
Fund Size
—
Top Stage
Series A
Last 12 Mo
1
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
5 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| ZZenHR | Growth | $10M | Sep 2026 |
 Intelmatix | Series A | $20M | Jul 2024 |
 Coinmena | Seed | $9.5M | — |
 Bonat | Series A | $6M | — |
| SSafqah | Seed | $15.2M | — |
Top Co-Investors
Shorooq Partners2 shared
TSVC1 shared
STV1 shared
Martin Ventures1 shared
BECO Capital1 shared
Kenetic Capital1 shared
Circle Ventures1 shared
Wa'ed Ventures1 shared
private angel investors1 shared
Endeavor1 shared
MEVP1 shared
500 Global1 shared
COTU Ventures1 shared
Middle East Venture Partners1 shared
Last updated: 8 September 2026