R
Rize
Aiming to revolutionize the real estate rental journey
About Rize
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.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2020
- Headquarters
- Riyadh, Saudi Arabia
- Employees
- 94
- Open positions
- 9
- Dealroom signal
- 91.5/100
- Industry
- Real Estate
- Sub-industry
- Search, Buy & Rent
- Sector
- eCommerce & Marketplaces, Property Rental
- Technology
- Mobile app
- Business model
- Marketplace & ecommerce
- Client focus
- b2c
Knowledge graph
More headlines
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 | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
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.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed6 investors entered at this stage
SEEDRA Ventures
Bunat Ventures
Hala Ventures
Nama Ventures
RZM Investment
Joa Capital
Series A2 investors entered at this stage
Raed Ventures
AQAR
Series B and later1 investor entered at this stage
Partners For Growth
Other known investors2 additional known investors
National Technology Development Program
Watheeq Proptech Venture
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Rize on X, ranked by likes and reposts, corporate channels excluded.
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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