# Rize

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rize-3

- Industry: Software
- Headquarters: Riyadh, Saudi Arabia
- Website: www.rize.sa/
- Total disclosed funding: $2.9M
- Latest round: Series A (Jan 19, 2025)
- Investors on record: 8

## About

Based in Saudi Arabia and founded in 2021 by CEO Ibrahim Balilah and CTO Mohammed Alfraihi, Al-Alu Capital d.b.a. Rize Proptech operates as a real estate company that specialized in residential rental platform with advanced fintech solutions. In September 2026, Rize raised SAR 187.5 million in venture debt funding from Jadwa Investment.

Rize Proptech provides an iOS and Android app for renting residential real estate with monthly payments in short or long-term contracts. The platform offers photos and virtual tours of residences, all procedures and contracts are completed electronically in accordance with regulations, rent with monthly, semi-annual, or annual contracts, depending on the tenant's preference, and allowing customers to increase their rental value and unit occupancy rate.

The company generates revenue by deducting and paying brokerage fees of 2.5% of the total value of the lease contract from the tenant.

The company plans to utilize the September 2026 funding to finance its residential rental-contract portfolio and increase capacity for monthly rental-payment arrangements.

## Funding rounds

- Series A, Jan 19, 2025 — RAED Ventures, Hala Ventures, Nama Ventures, Seedra Ventures, Joa Capital, AQAR
- Seed, Feb 7, 2024, $2.9M — Hala Ventures, Nama Ventures, Seedra Ventures, Bunat Ventures, RZM Investment, Joa Capital

## Investors

- Hala Ventures (https://capitalatlas.ai/funds/hala-ventures) — Seed, Series A
- Nama Ventures (https://capitalatlas.ai/funds/nama-ventures) — Seed, Series A
- Seedra Ventures (https://capitalatlas.ai/funds/seedra-ventures) — Seed, Series A
- Bunat Ventures (https://capitalatlas.ai/funds/bunat-ventures) — Seed
- RZM Investment (https://capitalatlas.ai/funds/rzm-investment) — Seed
- Joa Capital (https://capitalatlas.ai/funds/joa-capital) — Seed, Series A
- RAED Ventures (https://capitalatlas.ai/funds/raed-ventures) — Series A
- AQAR — Series A