Sharaka Capital

What Sharaka Capital does

Sharaka Capital Company (also operating as Sharaka Financial) is a Saudi Arabia-based, Closed Joint Stock investment boutique licensed by the Saudi Capital Market Authority (CMA License 23267-02, granted 02-08-2023) and headquartered in Al Mathar Ash Shamali, Riyadh. The firm designs and manages Sharia-compliant investment opportunities across venture capital, private equity, and advisory services, and explicitly aligns its brand with the Arabic concept of "Sharaka" (partnership) among founders, Limited Partners (LPs), and the General Partner (GP).

The company's product set comprises two venture capital funds — Sharaka Venture Fund I (launched 2019, fully deployed across 21 portfolio companies from Seed to Series A) and Sharaka Venture Fund II (launched September 2024, focused on FinTech, Vertical SaaS, and AI in MENA) — alongside a private equity practice targeting Saudi SMEs with a track record of listings on the Nomu Parallel Market, and a Sell-Side Advisory division launched in April 2025 under a newly obtained CMA Advisory license. Core technology is limited to fund-administration and Sharia-compliance screening capabilities rather than proprietary software products.

Sharaka generates revenue through standard asset-management economics: management fees on committed or deployed AUM across its funds, carried interest on fund returns, and advisory fees for sell-side mandates; both streams are negotiated bilaterally with LPs and clients and are not publicly disclosed. Customer segments are early-stage technology startups (primary) and Saudi SMEs (secondary), with portfolio exposure spanning fintech, vertical SaaS, AI, cybersecurity, and proptech. The firm is closely held, with Chairman Faris AlRashed holding approximately 95% of shares (~142,500 shares), and operates with a lean team of 1–10 employees.

Name

Sharaka Capital

Legal name

Sharaka Capital Company

Website

https://sharaka.sa

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

1–10 employees

Short description

Sharaka Capital is a Saudi CMA-licensed Sharia-compliant investment boutique managing venture capital (Fund I, Fund II) and private equity, plus a sell-side advisory practice, targeting early-stage tech startups and SMEs across MENA with emphasis on FinTech, SaaS, and AI.

Ownership category

akta.pro rank

Product category

Venture Capital and Private Equity Investment Management

NAICS

Portfolio Management and Investment Advice (52394), Other Investment Pools and Funds (5259), All Other Financial Investment Activities (52399)

SIC

Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Islamic Investment Banking & Capital Markets Services (FSABAGAG)

akta.pro secondary industry

Capital Raising Advisory (Debt/Equity/Private Capital) (BPAHADAG)

Keywords

• Venture capital funds
• Private equity investment
• Sharia-compliant investing
• Sell-side advisory
• Startup investment management

Headquarters

HQ city

Riyadh

HQ country

Saudi Arabia

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Investment Management Fees: Sharaka Capital generates revenue through managing venture capital and private equity funds, charging management fees on assets under management and carried interest on fund returns.
2. Advisory Services: Provides sell-side advisory services to founders and business owners for capital raises, majority transactions, or strategic exits.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Sharaka Capital is a Sharia-compliant investment boutique that manages venture capital and private equity funds (Sharaka Venture Fund I launched 2019 and Sharaka Venture Fund II launched 2024) targeting early-stage technology startups and SMEs across MENA with emphasis on Saudi Arabia. The firm deploys capital in fintech, vertical SaaS, AI, cybersecurity, and proptech sectors, while its Sell-Side Advisory division supports founders and business owners through capital raises, majority transactions, and strategic exits. Total deployment covers 21 portfolio companies from Fund I plus additional later-stage investments across the MENA region.

Product overview

Sharaka Capital Company operates as a Sharia-compliant investment boutique licensed by the Saudi Arabian Capital Market Authority, specializing in investment management through venture capital, private equity, and advisory services. The company offers two named venture capital funds — Sharaka Venture Fund I (launched 2019, fully deployed across 21 companies) and Sharaka Venture Fund II (launched 2024, focused on FinTech, Vertical SaaS, and AI) — alongside private equity investment management for SMEs and a Sell-Side Advisory division for founders navigating exit events. The investment strategy centers on aligning the interests of founders (investees), Limited Partners (LPs), and the General Partner (GP), reflecting the company's philosophy built around the Arabic concept of 'Sharaka' (partnership).

Differentiator

Problem solved

Functional benefit

Brands

• Sharaka Ventures Fund: First VC fund launched in September 2024 targeting early-stage tech startups in MENA with focus on fintech and SaaS sectors

Products and services

• Sharaka Venture Fund I First venture capital fund of Sharaka Capital, launched in 2019, fully deployed across 21 companies from Seed to Series A stage. Invests in technology-driven businesses across MENA, building a diversified early-stage portfolio.
• Sharaka Venture Fund II Second venture capital fund of Sharaka Capital, launched in September 2024, focused on early-stage startups (Seed to Series A) in FinTech, Vertical SaaS, and AI sectors across the MENA region, with emphasis on Saudi Arabia. Targets founders and business models aligned with the Kingdom's digital transformation agenda.
• Private Equity Investment Management Private equity investment management services spanning landmark transactions for Saudi SMEs led by hands-on entrepreneurs across sectors including F&B, financial services, and hospitality, with a track record of successful listings on the Nomu Parallel Market.
• Sell-Side Advisory Advisory services for founders and business owners at major milestones, including minority growth investments, majority transactions, or full strategic exits. Refines equity stories, positions enterprises for maximum valuation, and matches businesses with appropriate capital partners.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Scale indicators4 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Beco Capital: Dubai-based VC investing in early-stage tech across MENA. Co-invested with Sharaka in ClearGrid; directly comparable in stage, sector focus (fintech/SaaS), and LP base.
• Nuwa Capital: Riyadh- and Dubai-based early-stage VC backing MENA founders. Led the ClearGrid seed alongside Sharaka; overlapping thesis in fintech and AI-native startups.
• MEVP (Middle East Venture Partners): MENA-focused VC with Seed and Series A vehicles investing in fintech and SaaS — directly overlapping Sharaka Fund II's thesis. Both participated in the Safqah Capital round, making them a comparable regional peer.
• Shorooq Partners: Abu Dhabi-based early-stage VC investing across MENA with similar Sharia-compliant sensibilities. Sharaka and Shorooq co-invested in Safqah Capital, reflecting directly comparable mandate, stage focus, and regional deal sourcing.
• Raed Ventures: Riyadh-headquartered early-stage VC focused on MENA tech startups. Co-invested with Sharaka in ClearGrid; highly comparable mandate, geography, and stage focus.
• Sadu Capital: Saudi VC actively co-investing with Sharaka in Solidrange and Safqah Capital. Operates with a comparable early-stage, Saudi-focused mandate.
• 500 Global (500 Startups): Global early-stage VC with active MENA presence and seed-stage mandate. Co-invested with Sharaka in Safqah Capital; competes for similar Seed/Series A deals in the Saudi and UAE tech ecosystem.

Broad incumbents

• Sanabil Investments: PIF-backed investment vehicle making direct venture and growth-stage bets across MENA. Represents a much larger incumbent that competes for the same Saudi deal flow Sharaka targets.
• Wa'ed Ventures: Saudi Aramco's VC arm investing in early- and growth-stage tech across KSA. Co-invested with Sharaka-adjacent funds and represents the institutional incumbent in Saudi VC.

Emerging players

• COTU Ventures: Early-stage MENA VC with Saudi deal activity; co-invested with Sharaka in Safqah Capital. Comparable in stage but with narrower portfolio footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/sharaka_sa?s=21
• LinkedInlinkedin.com/company/sharaka-financial/posts/?feedView=all

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments4 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sharaka Capital