SeedPoint Ventures

SeedPoint Ventures is a prominent venture capital firm based in Jeddah, Saudi Arabia, specializing in seed and early-stage investments in technology, consumer goods, and healthcare startups across the GCC region. Founded in 2019 by venture capital expert Faisal Al-Mutlaq, the firm focuses on identifying disruptive startups with strong growth potential and offering them financial support along with strategic mentorship. SeedPoint Ventures is known for fostering innovation and helping early-stage companies navigate the challenges of scaling in competitive markets.

The firm’s portfolio includes successful investments in regional startups, particularly in the e-commerce and healthtech sectors. One of its notable achievements was its early backing of a Saudi healthtech startup that has since expanded to multiple GCC markets, gaining significant market share. SeedPoint Ventures is also active in supporting female-led startups, aligning with broader efforts to enhance diversity and inclusion in the Saudi entrepreneurial landscape.

SeedPoint Ventures operates with values of innovation, entrepreneurship, and impact. In 2023, the firm reported assets under management (AUM) of SAR 400 million, with revenues of SAR 90 million. Looking ahead, SeedPoint Ventures plans to expand its investment portfolio to include startups focused on sustainability and green technologies, positioning itself as a key enabler of innovation and growth in Saudi Arabia and the wider Middle East region.