MENA's 1st Proptech venture firm on a mission to

reshape the traditional real estate industry

Overview

Watheeq Proptech Venture is the funding gap for
Proptech early-stage startups

Watheeq Proptech Venture is a venture capital firm, based in Saudi Arabia and is Shariah-compliant.

Proptech

SECTOR

Regional & Global

GEOGRAPHY

Early Stage

STAGE

INVESTMENT THESIS

We are focused on investing in innovative founders and teams who are leveraging technologies and business models that are disrupting the real estate industry

We invest in startups that are targeting significant market sizes to impact the overall fund performance.

We believe that top-notch entrepreneurs are the growth engine behind every prosperous economy.

We are aiming to invest in rapidly-growing startups that are visionary and seeking success.

We are dedicated to investing in business models and technologies that are reshaping the traditional real estate assets while improving the quality of life and stimulating an eco-friendly lifestyle.

Investment VERTICALS

We're focused on 14 verticals within
the Proptech ecosystem

Smart Cities
Smart Buildings
Co-Working
Co-Living
ConTech
Climate Tech
Hospitality Tech
Real Estate Marketplaces
Real Estate Fintech
Real Estate Legal Tech
Real Estate Analytics
Real Estate Shared Economy
Real Estate VR/AR
Real Estate Blockchain

Investment Theme

We invest in startups that cover the entire real estate lifecycle
while impacting its assets and stakeholders

STAKEHOLDERS
Investors
Property Management
Agents
Developers
Contractors
Engineers
Architects
Workers
Consumers
Assets
Residential
Offices
Industrial
Hospitality
Retail
Service Centers
LIFE CYCLE

Investment Criteria

World-Class
Founders
Global-Scale
Startups
Unique & Disruptive Technology
Initial Unit of
Economics
Capital Efficient
Companies
Highly-Performing
Teams
Potential Market
Leaders
Proven Business
Models

ECOSYSTEM

We bridge the gap between the MENA region and the rest of the world in Proptech through our unique ecosystem

Watheeq Proptech Venture relations and partnerships radiate from MENA to reach every region worldwide including US, Europe, Africa, and Asia.

Our expertise and partners will assist entrepreneurs to swiftly identify key elements to reveal the best approach and ensure optimal outcomes leading to success.

That is why we know by heart that empowering entrepreneurs with strategic direction, business development, lucrative partnerships, and valuable capital are the main keys to have efficient business.

Portfolio Companies

We partner with leading founders to build promising companies from an early stage to become globally successful businesses

OUR TEAM

We're a team of professionals coming from various backgrounds, including real estate, investment, and tech

The firm is managed by a team that consists of the world's top proptech professionals with 100+ years of combined experience in real estate, technology, and investments with extensive and recognized knowledge in the market.

$1.33B+

ARRANGED DEALS

$2.66B+

MANAGED FUNDS AUM

30+

ESTABLISHED COMPANIES

20+

MUTUAL FUNDS

Khaled Zaidan

Managing Partner

Abdulelah Alzemami

Principle




















































Abdulaziz Abaalkhail

Senior Investment Analyst

Nawaf Abumelha

Investment Analyst

Ayham Basheer

Business Technology Analyst

Christian Mischler

Europe Partner




















































Francesco DeParis

US & Blockchain Partner

Raphael Cohen

Asia Partner

Eng. Nasser Saleh

MENA & FinTech Partner

Hisham Kassim

General Counsel




















































Harun Al Rasheed

Advisor

Faisal Bin Dakheel

Advisor

Abdulaziz Alnashwan

Advisor

Haytham Al-Majid

Advisor

Ibrahim Al Alwan

Chairman

Mohammed Al Fantoukh

Independent Board Member

Eng. Ibraheem Al Sahen

Independent Board Member

Abdullah Al Muhareb

Dependent Board Member

Christian Mischler

Europe Partner

Francesco DeParis

US & Blockchain Partner

Raphael Cohen

Asia Partner

Eng. Nasser Saleh

MENA & FinTech Partner

Hisham Kassim

General Counsel

Khaled Zaidan

Managing Partner

Abdulelah Alzemami

Principle

Abdulaziz Abaalkhail

Senior Investment Analyst




















































Nawaf Abumelha

Investment Analyst

Osama Abdullah

Subject-Matter Expert

Ayham Basheer

Business Technology Analyst

OUR PARTNERS

We have partnered with the industry's key-players to provide the support required to excel

OUR NEWS

Stay up-to-date with the firm latest news

Get Funded

Apply now and get backed by the MENA's 1st Proptech VC fund to scale in the region and beyond

Apply Now

Contact

Email:
info@watheeqproptech.com

Ibrahim Al Alwan

Chairman

Ibrahim has more than 20 years of experience in real estate, investment banking, equity research, portfolio management, business planning, and corporate finance.

Currently, Ibrahim is the Managing Director and CEO of Al Akaria (listed in Tadawul), a leading Saudi real estate development firm with paid-up capital of SAR 2.4 billion, and a Founding Partner at Watheeq Capital.

Before founding Watheeq Capital, Ibrahim had played a leading role in establishing KASB Capital in 2007 as the firm’s CEO. Also, Ibrahim is a former CEO at Al Oula, a leading real estate firm that holds multiple projects that value more than SAR 10 billion across five different countries in the GCC and Egypt.

Additionally, Ibrahim has established and managed 15 mutual funds regulated by the Capital Market Authority (CMA), 12 of which are real estate funds.

Hisham Kassim

General Counsel

Hisham is a seasoned corporate lawyer with over 10 years of experience, and deep specialization in cross-border M&A transactions, venture capital, private equity transactions, and international tax.

Currently, Hisham is a Managing Partner at Levari Law, a leading international law firm. Accordingly, Hisham has successfully closed hundreds of M&A and corporate transactions representing numerous funds and corporations throughout the MENA region, USA, UK, and Europe. Several of the transactions included multi-million dollar series A and B transactions. Also, Hisham serves as an Outside Corporate Counsel to several private equity and venture capital funds by advising and monitoring on deal structuring, and due diligence processes.

Additionally, Hisham holds a J.D. from the University of Iowa College of Law, and an LL.M. in International Legal Studies from the New York University School of Law. He is admitted to the bar in the District of Columbia and the U.S. District Court for the District of Columbia.

Osama Abdullah

Subject-Matter Expert

Osama is a project management professional with over 13+ years’ experience in the building and construction industry. His strong communication skills coupled with the ability to lead through adversity have seen him complete countless projects on time and within budget.

Osama have an excellent track record in project management, along with a thorough group of civil engineering concepts. Osama efficiently led and monitored projects during his entire tenure and have created a schematic layout in view of key quantifiable parameter, handled safety and quality standards, ensured optimum usage of manpower and quality and cost controls.

Osama have successfully diversified into several multifaceted roles gaining expertise causative from a broad stance to boost company progression in a vibrant environment.

Osama’s key skills include project coordination, project planning and management, cost control, quality assurance, site engineering, resource optimization, budgeting and forecasting.