Vennre Raises $9.6 Million in Pre-Series A to Expand Private Market Access for HENRY Investors
Vennre has closed a $9.6 million Pre-Series A funding round, marking a significant milestone for the wealth creation platform as it scales access to private market investments for high-earning retail investors across the Middle East.
The round was structured as a hybrid of equity and debt and was co-led by Vision Ventures and the anb viewd Fund, with participation from Sanabil 500, Ace & Co, Plus VC, and a group of strategic individual investors spanning private banking, technology, and entrepreneurship.
The funding reflects growing institutional confidence in platforms targeting the HENRY demographic—high earners who are not yet wealthy—by offering investment opportunities that have traditionally been reserved for institutions and ultra-high-net-worth individuals.
Investor Backing Signals Confidence in a Growing Segment
Private markets globally manage more than $14 trillion in assets, yet retail participation remains limited. Vennre’s backers say the platform addresses this imbalance by opening access to curated, Shariah-compliant private investments for a segment that has historically been underserved.
Khalid S. Alghamdi, of anb capital, said the firm was pleased to co-lead the round through its anb viewd Fund. “Private markets globally already manage more than USD 14 trillion in assets, yet individual investors account for less than 5% of that exposure,” he said. “Vennre directly addresses this imbalance by offering Shariah-compliant access to a segment long excluded from these opportunities.”
Alghamdi added that the platform’s ahead traction demonstrates growing appetite among high-income Saudis. “Having already facilitated over USD 40 million in transactions, Vennre is proving that high-income Saudis are ready to engage with private markets at scale—fully aligned with Vision 2030’s mandate to broaden capital markets participation.”
Building a Platform for Long-Term Wealth Creation
Founded by Ziad Mabsout, Anas Halabi, and Abdulrahman AlMalik, Vennre positions itself as more than a transactional marketplace. The company says its focus is on enabling disciplined, long-term wealth building through vetted , venture capital, real estate, and private credit.
Ziad Mabsout, Chief Executive Officer and Co-Founder of Vennre, described the funding as a validation of the company’s mission. “A generation of ambitious professionals across the region has earned success but has not been given the tools required to compound it,” he said. “This funding is not just another round—it is a clear endorsement from leading institutions that a large, long-underserved HENRY segment is ready for a better wealth-building experience.”
Mabsout emphasized that the company is focused on sustainability rather than short-term gains. “We are building for , not one-off transactions—begining with curated and vetted private investment opportunities and expanding into a full wealth journey built on discipline, trust, and alignment,” he said.
Traction, Governance, and Expansion Plans
Alongside the funding announcement, Vennre reported two operational milestones that underline its momentum. The platform has surpassed $40 million in transaction value and appointed Dr. Ibrahim AlMojel as Chairman of its Saudi board, strengthening its local governance framework.
Vision Ventures, which co-led the round, said the company aligns with its broader investment thesis around access and financial inclusion. “We’re always ready to back founders who use technology to make people’s lives easier and give them access to opportunities that were not available to them before,” said Kais Al-Essa, Founding Partner and CEO of Vision Ventures.
Al-Essa added that democratizing supports broader economic objectives. “Vennre enables access to high quality investment opportunities in real estate, private equity, venture capital and private credit. These four asset classes were previously available to a select few. Democratizing such access is one of our investment goals at Vision Ventures as it enables generational wealth creation and empowers everyone to access vetted income generating and high return investments.”
