R
Rize
eCommerce & Marketplaces · Riyadh, Saudi Arabia · Founded 2020
Aiming to revolutionize the real estate rental journey MoreLess
Rize is a PropTech platform that is transforming the rental market in Saudi Arabia with its "Rent Now, Pay Later" service. The company addresses the local market's preference for annual or semi-annual rent payments by offering tenants the flexibility to pay their rent in monthly installments. This model makes renting more accessible and affordable for individuals and families, while ensuring landlords receive their payments on time.
Rize operates in the real estate technology sector, catering to both residential and commercial tenants. The platform digitizes the entire rental process, from property search to contract signing and payment. The business model is centered around the "Rent Now, Pay Later" feature, where Rize likely earns revenue through service fees from tenants or commissions from landlords for facilitating the rental agreements and managing payments.
By partnering with real estate companies and leveraging technology, Rize aims to streamline the rental experience for all parties involved. The company was founded in 2021 and has since been focused on expanding its services across the Kingdom of Saudi Arabia.
Keywords: PropTech, Rent Now Pay Later, Real Estate, Rental Payments, FinTech, Saudi Arabia, Property Management, Tenant Services, Lease Management, Online Payments
Company overview
Rize company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2020
- Headquarters
- Riyadh, Saudi Arabia
- Employees
- 94
- Open positions
- 9
- Dealroom signal
- 91.5
Valuation & funding
Rize funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| DEBT✓Debt | Jan 2025 | $7M | — | Partners For Growth | ↗ |
| EARLY VC✓Equity / VC | Jan 2025 | $28M | $112M | Hala Ventures · AQAR · Nama Ventures · SEEDRA Ventures | ↗ |
| DEBT✓Debt | Feb 2024 | $0 | — | Undisclosed | ↗ |
| SEED✓Equity / VC | Feb 2024 | $2.9M | $12M | SEEDRA Ventures · Bunat Ventures · Hala Ventures · Nama Ventures | ↗ |
| Other✓Other financing | Feb 2023 | $0 | — | Watheeq Proptech Venture · SEEDRA Ventures | — |
| Other✓Other financing | Oct 2022 | Undisclosed | — | ||
| SUPPORT PROGRAM✓Other financing | Jan 2020 | National Technology Development Program | — |
Financials
Revenue and workforce over time
Available revenue and workforce history. Fields without reported data are omitted.
| Year | Revenue | Growth | Employees |
|---|---|---|---|
| 2026 | $318K | 0% | 94 |
| 2025 | $318K | 0% | 72 |
| 2024 | $318K | 0% | 34 |
| 2023 | $318K | +100% | 19 |
| 2022 | $159K | — | 4 |
Growth signals
Rize website traffic
Latest recorded traffic for Rize is 35K monthly website visits, up 2.9% over the last three months. Rize's team grew 30.6% over the past year.
Hiring
Open positions at Rize
Current openings linked to this company in Dealroom.
Comparisons
Rize compared with similar companies
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Talent graph
Rize's talent
Source: Dealroom Talent Intelligence.
Investors
11 investors on Rize's cap table
Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.
Global footprint
Where Rize has talent and traffic
team presence
In the news
Latest news about Rize
Recent press, funding announcements, and product moves mentioning Rize — open to read from the original sources.
Market sentiment
What the market is saying about Rize
An AI-synthesized read of the highest-engagement posts about Rize on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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