Riyadh - Sharikat Mubasher: The wealth-creation platform Vennre successfully raised SAR 36 million in a pre-Series A funding round through a hybrid equity-and-debt structure.

The new capital will help Vennre grow its client network, launch new platform features, and deepen its Saudi presence, in line with ongoing financial-sector liberalization and fintech momentum, the company revealed in a press release today.

The round was co-led by Vision Ventures and anb seed Fund, with participation from Sanabil 500, Ace & Co, Plus VC, and strategic individual investors from the private banking, technology, and entrepreneurship ecosystems.

This investment underscores Vennre’s mission to democratize access to curated private investments for high-income retail investors.

Commenting on the round, Ziad Mabsout, CEO and Co-Founder of Vennre, said: “This funding is not just another round; it is a clear endorsement from leading institutions that a large, long-underserved HENRY segment is ready for a better wealth-building experience. We are building for long-term wealth creation, not one-off transactions — starting with curated and vetted private investment opportunities and expanding into a full wealth journey built on discipline, trust, and alignment.”

For his part, Khalid S. Alghamdi, CEO of anb capital, stated: “Having already facilitated over USD 40 million in transactions, Vennre is proving that high-income Saudis are ready to engage with private markets at scale, fully aligned with Vision 2030’s mandate to broaden capital markets participation.”

Founded by Ziad Mabsout, Anas Halabi, and Abdulrahman AlMalik, Vennre was built for the HENRY (High Earners, Not Rich Yet) segment to bridge the gap between income and long-term wealth through institutional-grade, Sharia-compliant investments on a digital-first platform for the GCC and beyond.