Organization · Venture Capital
Merak Capital
Merak Capital is a Riyadh-based investment firm specializing in venture capital and private equity, focusing on technology-driven opportunities in the MENA region. The firm emphasizes active ownership and local insights to enhance business performance.
Overview
What Merak Capital does
What Merak Capital is
Merak Capital is a Riyadh-based investment firm specializing in venture capital and private equity, focusing on technology-driven opportunities in the MENA region. The firm emphasizes active ownership and local insights to enhance business performance.
How it participates in the startup ecosystem
The current public profile supports funder and publisher capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Venture Capital
- Founded
- Founded in 2018
- Approximate age
- About 8 years
- Structured capabilities
- Funder · Publisher
- Last reviewed
- April 26, 2026
Official channels
Find Merak Capital elsewhere
Open the official website or a supported primary organization account.
Capability profile
Merak Capital as a funder
Investment thesis
Merak Capital focuses on backing software and data platforms that enable essential services in the real economy, emphasizing recurring revenue and scalable distribution.
Focus narrative
Merak Capital invests primarily in essential B2B and service platforms with technology at their core. The firm targets sectors such as business services, healthcare services, compliance and inspection, and field services. It prefers asset-light models with recurring revenue and seeks control or significant minority stakes in its investments, focusing mainly on the Kingdom of Saudi Arabia with selective exposure to the MENA region.
Value beyond capital
Merak Capital provides more than just capital; it offers operational guidance, go-to-market support, product and data expertise, and access to a network of government and global technology partners. The firm is committed to helping its portfolio companies navigate the complexities of the market and achieve sustainable growth.
Terms and economics
- Typical check
- $1,000,000–$203,000,000
- Sweet spot
- $10,000,000
Focus and fit
- Stages
- Pre-seed · Seed · Seed+ · Series A · Series B · Growth Equity
- Sectors
- SaaS · Fintech · Healthcare · Biotech · Consumer · Gaming · Cybersecurity · Logistics · AI · Industrial
Availability
- Currently deploying
- Yes
Portfolio and track record
- Recorded portfolio count
- 35
Portfolio context
Notable portfolio companies include: Master Works: A Riyadh-based enterprise data and digital transformation company. SHIFT: A tech-enabled mobility platform offering various transportation services. Khosouf Studio: A UAE-based game developer expanding into Saudi Arabia. DSShield: A cybersecurity company with a SAR 203 million investment from Merak Capital. Arsann: A smart parking and mobility infrastructure provider, with a SAR 100 million investment.
Capability profile
Merak Capital as a publisher
Editorial focus
Merak Capital specializes in private equity and venture capital, investing in essential B2B and service platforms with technology at their core. The firm emphasizes asset-light models with recurring revenue, targeting sectors such as business services, healthcare services, compliance, and inspection. Its venture capital efforts are concentrated on software and data platforms that support essential services in the real economy, including fintech infrastructure and healthcare technology.
Audience value
Merak Capital provides not only capital but also operational guidance, go-to-market support, and access to a network of government and global technology partners, positioning itself as a strategic ally for founders building technology infrastructure in Saudi Arabia and the MENA region.
Format and cadence
- Content formats
- blog
- Primary platform
- Website
Availability
- Guest pitch state
- Not currently accepting
Audience and focus
- Audience
- Founders · Investors
- Sectors
- Fintech · Healthcare · SaaS · Cybersecurity · Gaming
- Regions
- MENA
Flagship work and coverage
Flagship properties
Merak Capital operates several active funds, including the Merak Private Equity Fund and the Merak Technology Venture Fund I (MTVF I), which focuses on early-stage technology ventures. The firm also publishes insights and news on its website, covering trends in private markets and technology.
Notable coverage
Merak Capital has been featured in articles discussing its investments, such as 'Unlocking Saudi Arabia’s Cybersecurity Potential' and 'Merak Capital’s Gaming Fund Leads SAR 2.2 million Seed Investment in Khosouf Studio'.
Common questions
What to know about Merak Capital
Upseed classifies Merak Capital under the Venture Capital organization type. Its current public profile includes funder and publisher capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
April 26, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.