Vennre, a wealth creation platform designed for HENRYs (High Earners, Not Rich Yet) seeking access to private market opportunities, announced the close of a USD 9.6 million Pre-Series A funding round structured through a combination of equity and debt. The round was co-led by Vision Ventures and anb seed Fund, with participation from Sanabil 500, Ace & Co, Plus VC, and strategic individual investors from private banking, technology, and entrepreneurship.
Private Markets Access for a New Investor Class
The investment signals rising confidence in Vennre’s approach to opening curated, Shariah-compliant private investments to high-income retail investors. By removing traditional gatekeepers, the platform enables transparent access to asset classes historically reserved for institutions and ultra-wealthy individuals. Founded by Ziad Mabsout, Anas Halabi, and Abdulrahman AlMalik, Vennre has surpassed USD 40 million in transaction value and appointed Dr. Ibrahim AlMojel as Chairman of the Saudi board, marking growing traction and trust.
Building Long-Term Wealth Beyond Transactions
“A generation of ambitious professionals across the region has earned success but has not been given the tools required to compound it. 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. We are building for long-term wealth creation, not one-off transactions — starting with curated and vetted private investment opportunities and expanding into a full wealth journey built on discipline, trust, and alignment. This round allows us to raise the bar for what private wealth platforms in the region should deliver,” said Ziad Mabsout, CEO and Co-Founder of Vennre.
“We are pleased to co-lead Vennre’s Pre-Series A through the anb seed Fund. Private markets globally already manage more than USD 14 trillion in assets, yet individual investors account for less than 5% of that exposure. Vennre directly addresses this imbalance by offering Shariah-compliant access to a segment long excluded from these opportunities. 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,” said Khalid S. Alghamdi, CEO of anb capital.
“We are glad to co-lead Vennre’s Pre-Series A and excited to support such an amazing founding team. 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. 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, in line with Saudi Arabia’s financial sector development plan and fintech momentum,” said Kais Al-Essa, Founding Partner and CEO of Vision Ventures.