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2024 Public Impact Report
Driving Innovation, Creating Opportunities, Transforming Industries
Since 2016, Vision Ventures has been at the forefront of supporting aspiring entrepreneurs that are building MENA’s entrepreneurial ecosystem. As one of the region’s most active venture capital firms, we’re proud to share our journey and the remarkable achievements of our portfolio companies in our 2024 Impact Report.
Key Highlights:
● 113.7 billion SAR ($30.1B) in GMV generated by our portfolio companies
● 77% year-over-year growth despite market headwinds
● 5,631 direct jobs and over 600,000 indirect jobs created to date
● Remarkable 225x return on our investment in Salla, marking the largest exit in MENA
● 22% of our portfolio founders are female; up 4% from last year
● For every $1 we invest, our portfolio companies raise $33 in follow-on capital
Our portfolio companies are not just driving business growth; they’re actively contributing to Vision 2030 goals by diversifying the economy, creating jobs, fostering innovation, and building a thriving ecosystem.
“By Entrepreneurs, for Entrepreneurs”
Founded by internet pioneers Kais Al-Essa and Haitham Bu-Aisha, Vision Ventures brings decades of entrepreneurial experience to our investment approach. Our journey from launching Saudi Arabia’s first public internet service provider (ISP) to becoming the region’s leading venture capital firm gives us unique insight into what it takes to build successful technology companies in MENA.
Download the Full Report
Discover how Vision Ventures is shaping MENA’s tech landscape and supporting aspiring entrepreneurs throughout the region. Learn about our portfolio companies’ remarkable stories and their impact on communities, industries, and the broader economy.
Kindly fill this simple form to download the report FREE of charge.