Tharawat Holding
Tharawat Holding is a Saudi-based private investment firm headquartered in Riyadh, building a portfolio of businesses supplying the Saudi market, with disclosed activity focused on early-stage GCC technology investments including a lead role in Lucid Capital's $2.5M seed round.
- Company typePrivate
- Founded2008
- HeadquartersRiyadh, Saudi Arabia
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Tharawat Holding does
Tharawat Holding is a Saudi-based private investment firm headquartered in Riyadh, founded in 2008. According to the firm's own brief description, it is building a portfolio of businesses that supply the Saudi market with top-class quality products and services. The firm is owned and chaired by Turki Bin Salman Al Saud and operates with a small team of 11-50 employees. Its legal name is Tharawat Holding, it has no public listing, and no parent company or subsidiary relationships are disclosed.
The only verifiable investment activity in the available data is Tharawat Holding leading a $2.5 million seed funding round in December 2025 for Lucid Capital, a UAE-based fintech company specializing in AI-driven algorithmic trading. Singular Link co-invested alongside Tharawat in this round, with Tharawat acting as the lead investor. The deal suggests the firm is engaging in early-stage technology investing across the GCC, though broader details of the portfolio, fund size, sector focus, and investment thesis are not publicly disclosed.
No revenue, pricing, headcount trends, certifications, or product offerings of Tharawat Holding itself are available in the source material. Operating geographies identified are Saudi Arabia (primary) and the UAE (via the Lucid Capital investment). The firm's competitive positioning, deployment cadence, and financial performance cannot be fully assessed given the limited disclosure.
Tharawat Holding firmographics
Firmographics- Name
- Tharawat Holding
- Legal name
- Tharawat Holding
- Website
- https://tharawat.com.sa
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Tharawat Holding is a Saudi-based private investment firm headquartered in Riyadh, building a portfolio of businesses supplying the Saudi market, with disclosed activity focused on early-stage GCC technology investments including a lead role in Lucid Capital's $2.5M seed round.
- Ownership category
- akta.pro rank
Tharawat Holding industry classification
Industry- Product category
- Investment Holding Company
- NAICS
- All Other Financial Investment Activities (52399), Miscellaneous Financial Investment Activities (523999)
- SIC
- Investors, Nec (6799)
- akta.pro primary industry
- HoldCo / Permanent Capital ETA (FSANALAE)
Keywords
Where Tharawat Holding is headquartered
LocationHeadquarters
- HQ city
- Riyadh
- HQ country
- Saudi Arabia
- HQ region
- Middle East
Markets served
Tharawat Holding business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Others
Tharawat Holding product offering
Product offeringCore offering
Tharawat Holding is a Saudi-based private investment firm that builds and manages a portfolio of businesses supplying the Saudi market with products and services. The firm deploys capital as a lead investor in early-stage ventures, including a $2.5 million seed round into UAE-based fintech Lucid Capital, supporting AI-driven algorithmic trading technology development and regional expansion.
Product overview
Tharawat Holding is a Saudi-based investment firm. The source data does not contain information about specific products or services offered by Tharawat Holding. The available sources focus on Tharawat Holding's investment activities (leading a $2.5 million seed round for UAE fintech company Lucid Capital) rather than describing Tharawat Holding's own product or service portfolio.
Differentiator
Problem solved
Functional benefit
Companies that use Tharawat Holding
Customer profileIdeal customer profiles1 record
Tharawat Holding technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Tharawat Holding partnerships and signals
Strategic signalRecent moves3 records
Expansion highlights4 records
Tharawat Holding competitors and assessment
Company assessmentDirect peers
- Wa'ed Ventures: Saudi Aramco-backed venture capital fund based in Dhahran, investing in Saudi tech startups. Comparable to Tharawat in deploying patient capital into MENA technology ventures.
- Investcorp: Bahrain-headquartered global investment firm with strong MENA roots, managing private equity, real estate, and alternative investments. Comparable to Tharawat in regional private-investment focus and cross-border deal-making.
- Kingdom Holding Company: Saudi-listed conglomerate and investment holding company chaired by Prince Alwaleed bin Talal. Closely comparable to Tharawat as a Saudi-rooted holding company deploying capital across diversified strategic investments.
- Saudi Venture Capital Company (SVC): Saudi government-affiliated VC firm funding SMEs and startups across the Kingdom. Comparable to Tharawat as a Saudi-domiciled institutional investor in private ventures.
- Sanabil Investments: Saudi Arabia's investment arm associated with the Public Investment Fund, deploying capital into private equity and venture globally. Comparable to Tharawat as a Saudi investment vehicle pursuing strategic, long-horizon allocations.
- Jadwa Investment: Riyadh-headquartered Saudi investment management and advisory firm offering asset management, brokerage, and private equity services. Directly comparable to Tharawat as a Saudi-domiciled investment firm serving regional clients.
Emerging players
- Shorooq Investments: UAE-based investment firm backing MENA fintech and tech startups across early and growth stages. Comparable to Tharawat's emerging MENA fintech focus, particularly around its Lucid Capital exposure.
- B&Y Venture Partners: MENA-focused early-to-growth stage venture investor based in the UAE. Comparable to Tharawat in regional venture investing, especially within the fintech and AI verticals.
Broad incumbents
- Albilad Capital: Saudi investment services firm offering asset management, brokerage, and corporate finance. Comparable to Tharawat as a Saudi investment firm, though more diversified across capital-markets services.
- Mubadala Investment Company: UAE sovereign wealth fund deploying capital across PE, VC, and direct strategic holdings globally. Comparable in broad portfolio-construction philosophy though at significantly larger scale than Tharawat.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat2 records
Key risks5 records
Key highlights6 records
Customer concentration
Tharawat Holding social profiles
Digital presenceTharawat Holding financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tharawat Holding leadership team
Management profileNumber of profiles
Profiles1 record
Tharawat Holding funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tharawat Holding M&A and investment
M&A and investmentM&A
Investments4 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Tharawat Holding
What does Tharawat Holding do?
Tharawat Holding is a Saudi-based private investment firm that builds and manages a portfolio of businesses supplying the Saudi market with products and services. The firm deploys capital as a lead investor in early-stage ventures, including a $2.5 million seed round into UAE-based fintech Lucid Capital, supporting AI-driven algorithmic trading technology development and regional expansion.
Is Tharawat Holding a public or private company?
Tharawat Holding is a private company. It is classified as family owned and is currently operating.
When was Tharawat Holding founded?
Tharawat Holding was founded in 2008. It employs 11 to 50 people.
Where is Tharawat Holding based?
Tharawat Holding is headquartered in Riyadh, Saudi Arabia, in the Middle East region.
Who are Tharawat Holding's main competitors?
Direct peers on record are Wa'ed Ventures, Investcorp, Kingdom Holding Company, Saudi Venture Capital Company (SVC), Sanabil Investments and Jadwa Investment. Emerging players are Shorooq Investments and B&Y Venture Partners. Broad incumbents are Albilad Capital and Mubadala Investment Company.
Does Tharawat Holding have an API?
No public API is recorded for Tharawat Holding.
What industry is Tharawat Holding in?
Tharawat Holding's product category is Investment Holding Company. Its primary akta.pro industry code is FSANALAE, HoldCo / Permanent Capital ETA. Its NAICS code is 52399 and its SIC code is 6799.