Blomal Capital
ActiveApp-based distribution platform for CMA-regulated private and public investment funds from SAR 1,000 per unit
Jeddah fintech holding a CMA Fintech Experimental Permit for an investment and real-estate funds distribution platform. Its mobile app gives retail investors access to Sharia-compliant private and public funds run by licensed managers, with subscriptions from SAR 1,000. Founded 2022 by four co-founders; closed an undisclosed pre-seed round from Falak Investment Hub in August 2025.
Founders
Funding Rounds
Lead: Falak Investment Hub
Investors: Falak Investment Hub
Amount not disclosed in the Wamda report or on Falak's own portfolio page. A company-submitted pitch profile on Jeddah Angels lists 'Pre-seed: $800,000 raised' and says the company is now raising seed; not adopted because the official announcement calls the amount undisclosed. Confidence: confirmed (round 13, Wamda).
Lead: Flat6Labs
Investors: Flat6Labs
Accelerator investment via Flat6Labs Riyadh Seed Program Cycle 2 (SVC-backed Startup Seed Fund, now F6 Ventures); cohort ran H2 2023, demo day 22 Jan 2024. Date is the investor's post date (decoded from the LinkedIn activity ID), not the closing date. Also: https://en.incarabia.com/flat6labs-celebrates-graduation-of-10-startups-in-riyadh-632342.html https://www.wamda.com/2022/04/flat6labs-svc-launch-40-million-startup-seed-fund-saudi-arabia Confidence: confirmed (round 13, Flat6Labs (LinkedIn)).
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