Invygo

November 2018, from angel investors, per founder interview in The National. Confidence: confirmed (round 13, The National).

Lead: STV NICE Fund

Lead: MEVP

Investors: MEVP, Al Rajhi Partners, AB Ventures, Amana Capital, Palm Drive Capital, Signal Peak Ventures, Knollwood Investment Advisory

Wamda states cumulative raised of over $14.3M after this round. Confidence: confirmed (round 13, Wamda).

Lead: Signal Peak Ventures

Investors: Signal Peak Ventures, JS Group, Wealth Well, Knollwood Investment Advisory, Faisal Al Kadi, Khalid AlKhudairi, Ahmed Alola

Labelled 'pre-Series A' (second one). SAR 7.12M in Arab News = $1.9M at 3.75 peg. Also joined by unnamed Saudi family offices. Company said cumulative raised was over $4.2M in the preceding year / over $6.1M in total after this round. Also: https://www.arabnews.com/node/1912531/business-economy https://www.menabytes.com/invygo-pre-series-a-2021/ https://gulfnews.com/business/markets/saudi-car-subscription-app-invygo-gets-a-19m-pre-series-a-funding-booster-1.1629183788092 Confidence: confirmed (round 13, Wamda).

Lead: Class 5 Global

Investors: Class 5 Global, Equitrust, Gulf Islamic Investments, Kairos K50, William Zeqiri

CB Insights dates the Kairos K50 participation 2019-11-27; Wamda article dated 2019-11-29. Equitrust is Choueiri Group's venture arm. Also: https://www.menabytes.com/invygo-seed/ https://gii.ae/mediapagecontent/dubai-based-car-subscription-startup-invygo-raises-1-million-seed-plans-expansion-to-saudi-bahrain/ Confidence: confirmed (round 13, Wamda).