Solutions Ecosystems Reports Resources Data Pricing Login Book a demo
Asia · Country profilePlatform

Saudi Arabia

Asia · Pop. 35.3M · #36 startup ecosystem by EV

A public taster of the full Saudi Arabia ecosystem on Dealroom — request a demo for live deal flow, founder pedigrees, AI-talent maps, and the full cap table for every company below.

$33.6B+141%
Combined startup EV
$1.5B
VC invested (last 12mo)
805
Tracked startups
#41/ 67
Unicorns per 1M people · world rank
🦄 Unicorns
9
9 live · +3 new in 2025 (incl. 1 new decacorns)
💎 Decacorns
1
$10B+ tier
🐎 Thoroughbreds
5
Top 1% growth · $500M+

Enterprise value · 2015–2025

Saudi Arabia grew 465.7× since 2015

Combined enterprise value of every tracked startup headquartered in Saudi Arabia that's still operating today — public and private companies combined, totalled by founding-year cohort.

0 $10B $20B $30B $40B Saudi Arabia · $33.7B 2015 2018 2021 2024 2025

Adjacent ecosystems by EV

Startup hubs

Inside Saudi Arabia: top 1 startup hubs

Sub-national ecosystems ranked by combined enterprise value, paired with their 5-year growth multiplier.

By enterprise value
1 Riyadh $25.2B
By 5-yr EV growth
1 Riyadh 97×

Startup funnel

Saudi Arabia's power-law funnel

From the first cheque written to a $10B+ outcome. Each arrow shows what fraction of companies at one stage graduate to the next, tracked by founding cohort.

Pre-Seed
210
Seed
164
Series A
94
Series B
40
Series C
16
Unicorn
7
Decacorn
1

* C→Unicorn and Unicorn→Decacorn rates are derived from current counts (no founding-cohort data); the four mid-funnel rates use Dealroom's cohort tracking.

Notable companies

Top private companies in Saudi Arabia

Up to 20 names per tier from Dealroom's tracked dataset. Decacorns are valued $10B+, unicorns $1B+, thoroughbreds have crossed $100M in revenue.

Decacorns $10B+ valuation 1
noon
Unicorns $1B+ valuation 7
tabbyRasanSallaJahezNice OneTamaraNinja
Thoroughbreds+ $100M+ revenue 4
JahezNice OneRasanThiqah

Academia

Saudi Arabia's academic flywheel

Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Saudi Arabia.

University-linked startup formation
16
University spinouts
226
Total alumni-founded companies
168
Of which startups (<$15M raised)
44
Breakouts ($15M-100M)
14
Scaleups ($100M+)

Vs. similarly-sized ecosystems

How Saudi Arabia stacks up

Peers chosen from the same Asia cluster within ±70% of Saudi Arabia's combined EV. The scatter plots growth × current size for the wider continent — outliers in the upper-right are ecosystems compounding fastest.

Combined enterprise value
$64.8B
$59.4B
$55.7B
$34.3B
Saudi Arabia
$33.6B
$21.2B
$14.3B
EV growth (5-yr ×) vs current EV
peer median 9.0× 3.2× 172.9× 342.6× $12.3B $267B $5.8T EV growth (5yr ×) Combined enterprise value (log) China India Israel South Korea Singapore Japan Saudi Arabia

Top overview

Asia ecosystems — combined view

Top ecosystems in Asia ranked by combined EV. Saudi Arabia's row is highlighted.

# Ecosystem Combined EV 5-yr EV growth Unicorns VC invested Tracked startups
1 China $5.8T 3.2× 479 $33.4B 24.5K
2 India $884B 7.1× 125 $13.9B 13.3K
3 Israel $600B 5.6× 128 $10.7B 4,762
4 South Korea $439B 15.6× 41 $8.2B 7,931
5 Singapore $359B 9.6× 38 $3.3B 3,900
6 Japan $255B 6.4× 19 $4.3B 7,794
7 Hong Kong $186B 13.0× 21 $3.6B 1,222
8 United Arab Emirates $79.1B 10.6× 21 $3.9B 1,553
9 Indonesia $64.8B 5.0× 12 $485.3M 1,208
10 Taiwan $59.4B 7.9× 5 $209.1M 621
11 Türkiye $55.7B 20.7× 8 $714.3M 2,031
13 Saudi Arabia $33.6B 80.5× 9 $1.5B 805

Patent intelligence

Saudi Arabia startup IP portfolio: 3,071 patent families

Granted patent families assigned to startups headquartered in Saudi Arabia. Aggregated across the country's hub-level filings — Bay Area, Boston, etc. roll up under the United States row, the same way Tokyo and Osaka roll up under Japan.

Granted patent families
3,071
Filed by tracked startups headquartered in the country.
87.0 patents per million residents · #36 globally
Top patenting hubs
1 Riyadh 3,071

Premium analytics

What we don't show on this page (yet)

Sector breakdowns, founder origins, AI-talent leaderboards and live deal flow are gated to logged-in Dealroom users. Book a demo to access the full Saudi Arabia dataset — or see a sample on the Dealroom app.

Sector breakdown
Where Saudi Arabia's unicorns concentrate
Fintech
AI / Enterprise SW
Health Tech
Biotech
Cybersecurity
Consumer
Unlock on Dealroom
Capital autonomy
Saudi Arabia's domestic vs foreign capital mix
% domestic VC by stage
Cross-border lead investors
Sovereign-fund participation
Foreign-LP exposure
Unlock on Dealroom
Recent momentum
Saudi Arabia's VC investment trajectory by stage
2024 vs 2025 by stage
Round-size trends
Stage-conversion deltas
Quarterly velocity
Unlock on Dealroom
Founder origins
Where Saudi Arabia's startup founders come from
By country of origin
Per capita
Top universities
Top alumni-factory companies
Unlock on Dealroom
AI talent
Top employers of AI talent in Saudi Arabia
Core AI roles
Frontier AI roles
YoY hiring growth
Senior + lead engineers
Unlock on Dealroom
Deal flow
Live deal flow & funding rounds in Saudi Arabia
New rounds last 30 days
Stage breakdown
Active investors
Round-size trends
Unlock on Dealroom

Get the full Saudi Arabia ecosystem on Dealroom

Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.