Saudi Arabia’s Rewaa wins $45 million in Series B
News • December 30, 2025
edit
arabic
Saudi Arabia-based retail technology company Rewaa has closed a $45 million Series B round led by Wa’ed Ventures, Idrisi Ventures, and Unity Ventures, with participation from Vision Ventures, RZM Investments, Sedco Capital, Saned Partners, Palm Ventures, and Abdulrahman Saleh Al-Rajhi & Sons Company. Founded in 2018 by Mohammed Al-Qusair and Abdullah Al-Jadhai, Rewaa provides cloud-based POS and business management solutions that integrate accounting, inventory, and sales operations for small and medium-sized businesses. The funding will be used to accelerate the company’s AI-powered smart operating technology, expand Rewaa’s capabilities for retailers in Saudi Arabia, and support the company’s next phase of growth. In 2023, Rewaa raised a $27 million Series A funding round led by Aramco’s VC arm Wa’ed Ventures, along with STC’s Corporate Investment Fund (CIF), Silicon Valley’s Graphene Ventures, Sadu Capital, Vision Ventures, Khwarizmi Ventures, RZM Investment, Derayah VC, Abdulrahman Sulaiman Al Rajhi & Sons Investment Company.
press release:
Rewaa announced the completion of a $45 million Series B funding round led by Wa’ed Ventures, Idrisi Ventures, and Unity Ventures.
Vision Ventures, RZM Investments, Sedco Capital, Saned Partners, Palm Ventures, and Abdulrahman Saleh Al-Rajhi & Sons Company participated in the round.
The funding will support Rewaa’s expansion strategy by accelerating the development of AI-powered smart operating technology aimed at simplifying business management for small and medium-sized enterprises, while increasing support for retailers across Saudi Arabia.
Founded in 2018 by Mohammed Al-Qusair and Abdullah Al-Jadhai, Rewaa provides POS and cloud-based solutions that integrate operational and financial processes for merchants. Its platform integrates accounting, inventory management, and POS systems and enables real-time synchronization between physical stores and online warehouses.
The Series B follows a $27 million Series A round completed two years ago, which supported Rewaa’s rapid growth, expanding its merchant base, and digitizing its business processes.
Commenting on the round, Mohammed Al-Qusair, Co-Founder and CEO of Rewaa, said that this new capital will accelerate the development of AI-driven operational technology that helps reduce operational effort for merchants while improving efficiency and accuracy, strengthening Rewaa’s position as a trusted operational platform for small and medium-sized enterprises in the Kingdom.
