Rewaa
ActiveAll-in-one retail and commerce management SaaS -- POS, inventory, accounting, ZATCA-compliant e-invoicing, procurement, and e-commerce integrations (Zid, Salla) -- for SME merchants and restaurants.
Rewaa is a Riyadh-based B2B SaaS company founded in 2018 by Mohammed Alqasir (CEO) and Abdullah Aljadhai, providing retailers, restaurants, and service businesses with a unified operating system covering sales, inventory, accounting, invoicing, and reporting. It serves 23,000+ active customers and has processed over SAR 9 billion in sales. The company closed a $45M Series B in December 2025 (after a $27M Series A in 2023), led by Wa'ed Ventures, Idrisi Ventures, and Unity Invest Partners.
Founders
Funding Rounds
Lead: Wa'ed Ventures
Investors: Wa'ed Ventures, Idrisi Ventures, Unity Invest Partners, Vision Ventures, RZM Investment, Sadu Capital, Sanad Investment, Palm Ventures, Abdulrahman Sulaiman Al-Rajhi & Sons, Alinma Capital
Investors: Wa'ed Ventures, Idrisi Ventures, Unity Invest Partners, Vision Ventures, RZM Investment, Sadu Capital, Sanad Investment, Palm Ventures, Abdulrahman Sulaiman Al-Rajhi & Sons, Alinma Capital.
Lead: Wa'ed Ventures
Investors: Wa'ed Ventures, STC Corporate Investment Fund (CIF), Graphene Ventures, Sadu Capital, Vision Ventures, Khwarizmi Ventures, RZM Investment, Derayah VC, Abdulrahman Sulaiman Al Rajhi & Sons Investment Company
SAR 100M; sources print $27M. Billed as the largest Series A for a MENA SaaS company. Also: https://www.wamda.com/2023/08/waaed-ventures-leads-27million-funding-round-in-rewaa-arabic-english https://www.zawya.com/en/press-release/companies-news/waed-ventures-leads-a-sar-100mln-series-a-round-for-rewaa-yvoj6maj Confidence: confirmed (round 13, Business Wire (company press release)).
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