Numu Angels

Overview

Numu Angels is a Saudi-based angel investment network designed to empower and serve angel investors in Saudi Arabia. The network connects visionary investors with high-potential startups, driving innovation and economic diversification in alignment with Saudi Arabia’s Vision 2030. Numu Angels focuses on early-stage investments, particularly in sectors such as technology, fintech, e-commerce, healthcare, education, entertainment, media, consumer services, travel, food & beverage, sports, augmented reality, virtual reality, advertising, and events. The network's investment size ranges from $500,000 to $5 million, targeting seed and early-stage companies. Numu Angels launched the 'Numu Angels Syndicates' initiative in partnership with Rundet, aiming to simplify and professionalize angel investing in startups by providing a fully integrated Saudi legal and banking structure for deal execution. This initiative fosters collaboration among investors and accelerates entrepreneurial growth in the Kingdom. In February 2025, Numu Angels co-led a $2.2 million seed funding round for Madkhol Capital, a fintech innovator specializing in robo-advisory investment solutions, highlighting its commitment to supporting innovative technologies that strengthen economic foundations and advance digital infrastructure in Saudi Arabia. Numu Angels is committed to fostering a thriving ecosystem for tech startups and angel investors. The network's philosophy emphasizes collaboration and democratizing access to early-stage opportunities, aiming to boost startup funding and accelerate entrepreneurial growth in Saudi Arabia. By encouraging collaboration among investors and enabling seamless deal sharing, Numu Angels and its partners hope to boost startup funding and accelerate entrepreneurial growth in the Kingdom. The launch reflects a broader trend of digital transformation in investment platforms and the maturing startup support infrastructure across Saudi Arabia. Numu Angels expressed its commitment to delivering real impact in the local investment scene, emphasizing the role of syndicates in democratizing access to early-stage opportunities. Numu Angels' track record includes co-leading a $2.2 million seed funding round for Madkhol Capital, a fintech innovator specializing in robo-advisory investment solutions. This investment underscores Numu Angels' commitment to fostering a thriving ecosystem for tech startups and angel investors in Saudi Arabia. The network's focus on early-stage investments and its strategic partnerships aim to drive innovation and economic diversification in alignment with Saudi Arabia’s Vision 2030.

Investment Focus

• Saudi-based startups
• Early-stage companies
• Innovative technologies

Portfolio Companies