Riyadh, Saudi Arabia – Rewaa, a leading platform for small and medium enterprises (SMEs), has successfully closed a $45 million Series B funding round. The round was co-led by Wa’ed Ventures, Idrisi Ventures, and Unity Invest Partners, with additional participation from Vision Ventures (VV), RZM Investment, Sadu Capital, Sanad Investment, Palm Ventures, Abdulrahman Suleiman Al Rajhi & Sons, and Alinma Capital.
This milestone builds on the trust established during Rewaa’s Series A round in 2023, which raised $27 million, signaling the company’s growing role as a critical operational platform for thousands of SMEs across the Kingdom.
Rewaa has steadily expanded its services, enabling merchants and business owners to manage their operations comprehensively — from sales, inventory, and accounting to invoicing and multi-branch integration.
The newly raised capital will fuel the company’s next phase of growth, focusing on intelligent automation powered by artificial intelligence. Rewaa aims to provide merchants with real-time insights, predictive analytics, and smarter operational tools to streamline complex processes, reduce manual effort, and support faster, data-driven decision-making.
Mohammed Al-Qusair, Co-Founder and CEO of Rewaa, stated:
“This investment will accelerate the development of AI-driven operational technologies for SMEs. Our mission is to equip merchants with tools that reduce manual work, increase operational accuracy, and provide a clearer view of their business. Every step brings us closer to making Rewaa the most trusted operating system for SMEs in the Kingdom.”
He added, “Our work today goes beyond product development. We are building the infrastructure for commerce in the Kingdom, powered by technology and designed for the real needs of merchants.”
Rewaa expressed gratitude to its partners, investors, team, and the merchants who have supported and trusted the platform.
