Vennre, a wealth creation platform for high earners who are not yet wealthy, has raised $9.6 million in a Pre-Series A funding round. The funding includes a mix of equity and debt.
The round was co-led by Vision Ventures and anb seed Fund. Other investors include Sanabil 500, Ace & Co, Plus VC, and several strategic individual investors from banking, technology, and startup backgrounds.
Vennre helps high-income individuals access private-market investment opportunities that are typically available only to large institutions or very wealthy investors. The platform removes traditional barriers and offers a transparent and Shariah-compliant investment solution.
The investment shows strong confidence from regional venture capital firms and strategic backers in Vennre’s mission to make private investments more accessible for retail investors.
Founded by Ziad Mabsout, Anas Halabi, and Abdulrahman AlMalik, Vennre has reached two major milestones. It appointed Dr Ibrahim AlMojel as Chairman of its Saudi board and has crossed $40 million in transaction value on its platform, showing growing trust and market traction.
Ziad Mabsout, CEO and Co-Founder of Vennre, said: “A generation of ambitious professionals across the region has earned success but has not been given the tools required to compound it. 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. This round allows us to raise the bar for what private wealth platforms in the region should deliver.”
Khalid S. Alghamdi, CEO of anb capital, added: “We are pleased to co-lead Vennre’s Pre-Series A through the anb seed Fund. Private markets globally already manage more than USD 14 trillion in assets, yet individual investors account for less than 5% of that exposure. Vennre directly addresses this imbalance by offering Shariah-compliant access to a segment long excluded from these opportunities. 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.”
Kais Al-Essa, Founding Partner and CEO of Vision Ventures, said: “We are glad to co-lead Vennre’s Pre-Series A and excited to support such an amazing founding team. We’re always ready to back founders who use technology to make people’s lives easier and give them access to opportunities that were not available to them before. Vennre enables access to high-quality investment opportunities in real estate, private equity, venture capital and private credit. These four asset classes were previously available to a select few. Democratising such access is one of our investment goals at Vision Ventures, as it enables generational wealth creation and empowers everyone to access vetted income-generating and high-return investments, in line with Saudi Arabia’s financial sector development plan and fintech momentum.”
Looking ahead, Vennre will use the new funding to expand its customer base, introduce new features on its platform, and strengthen its presence in Saudi Arabia as the country continues to open up its financial sector and support fintech growth.
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