Investment Opportunity

Saudi Arabia is growing a new asset class, and we have been building inside it for 7 years

Why This Company

The only regional operator on both strategy and capital — a sequence of government trust, execution, and proprietary data that cannot be replicated from scratch.

Why Now

Revenue 14× in five years. Five consecutive profitable years. Two platform products already in build. Four growth engines, each mapped to a named company.

Investment Highlights

→Revenue 14× growth over five years — SAR 5.3M to SAR 74.1M

→Five consecutive years of profitability

→SAR 300M+ cumulative contract value · 65+ projects · 30+ clients

→Exclusive regional accreditation from GIIN · Net Impact Gold Status

→Proprietary deal flow from 7 years of ecosystem operation

→Four growth engines — each mapped to a named operating company

Total Raise

$5.3M

SAR ~20M

Target IRR

18–19%

5-year hold

Target MoIC

2.3–2.4×

To 2030–31

Equity Offered

10%

5% primary + 5% secondary

Min. Ticket

$1.3M

1–3 investors

Post-Money Val.

$53.3M

SAR 200M · EY advised

Company Snapshot

Operating track record7 years

Total contracts$10M+

Institutional clients40+

Projects delivered65+

Team size100+

Holding group3i (Invest in Impact)

Valuation advisorEY EY

Investor Rights

Board seatAt ≥5% stake

Priority rightsOn future capital raises

Target dividend30%–50% net profit

Cash distributions$4.7M–$5.0M during plan

Impact network accessInt'l conferences

Exit basis12× net profit 2030–31

Exit value implied$13.3M

Process to Close

Step 1

Introductory Meeting

Step 2

NDA Execution

Step 3 · You Are Here

Data Room Access

Provided within 3 business days of NDA execution.

Step 4

Management Sessions

Step 5

Valuation Report Review

Step 6

Closing

Market Opportunity

Saudi Arabia is growing a new asset class

Impact investment produces measurable social return alongside financial return — and is outperforming traditional capital.

Impact Capital Growth

21%

vs 5% traditional capital

PE Returns (Impact)

11%

vs 7% traditional PE

KSA GDP Target

$1.3T

Vision 2030 goal

Non-oil sector share

50%+

National transformation priority

Vision 2030

Every Arweqah mandate directly serves a Vision 2030 pillar — culture, entrepreneurship, social inclusion, economic diversification.

ESG Mandates

Government entities and sovereign capital are moving toward mandatory ESG allocation, creating structural inbound deal flow.

Institutional Shift

Regional family offices and funds are actively seeking impact vehicles with credible measurement and real returns.

Ecosystem Gap

No other operator combines consulting, investment facilitation, and ecosystem operations in a single integrated model for Saudi Arabia.

The Repricing Moment

Current entry at $53.3M implied valuation (SAR 200M, EY advised). The 5-year plan projects exit at $13.3M — a 12× multiple on 2030–31 net profit. International expansion and Floorsh Studio are expected to materially re-price equity from 2027 onward.

Current valuation$53.3M (SAR 200M)

Projected exit value$13.3M

Exit multiple12× 2030–31 net profit

Re-pricing catalystPlatform + international expansion 2027–28

Expansion Roadmap

Phase 1 — NowSaudi Arabia · Operating at scale

Phase 2 — 2027–28UAE, Qatar & Southeast Asia

Phase 3 — 2029–30Kuwait, Bahrain & Oman

Business Model

Strategy + Capital + Operations

The only model in the Kingdom that integrates all three levers — making Arweqah a structural partner, not a vendor.

The Moat — Six Compounding Layers

01

Government Trust

Ministries of Energy, Culture, Commerce, Hajj & more.

02

Relationships

30+ government & institutional clients.

03

Execution Record

65+ projects delivered.

04

Data & Learning

7 years of proprietary impact data.

05

Global Access

GIIN exclusive ME · Net Impact Gold · 20+ partners.

06

Proprietary Deal Flow

Assets unavailable publicly.

Revenue Diversification — 2030–31 Target Mix

Operating Contracts

52%

Investment Projects

28%

Financing Platform

10%

Floorsh Studio

10%

Global Accreditations

Exclusive MENA
Member

Gold Member
2022–23

Saudi Arabia
Representative

Innovation
Partner

UN Partner

Fellow
Network

Partner

20+ International
Partners

Client Case Studies

Ministry of Energy

Multi-year engagement as part of a SAR 108M+ ($28.8M) contract program. Designed and executed ecosystem-building programmes aligned with the energy sector's social and economic development mandates under Vision 2030.

Innovation Hajj Tent — Ministry of Hajj & Umrah

Delivered a flagship innovation programme featuring 86+ solutions, 26+ new products, and 55 participating entities — demonstrating the ability to design and operate large-scale national ecosystem events end to end.

Bank AlAhli Saudi (SNB) — Social Entrepreneurship Accelerator

Designed and operated the 2023 and 2025 cohorts for one of Saudi Arabia's largest banks, bridging institutional capital with social enterprise pipelines at the intersection of private banking and impact investment.

Financial Performance

SAR 5.3M to SAR 76.4M in five years

Audited historical financials, with a five-year plan to SAR 235.9M revenue by 2030–31.

Revenue 2024–25

SAR 76.4M

~0.4M USD

Net Profit 2024–25

SAR 8.7M

11% margin

Revenue 2030–31 Target

SAR 235.9M

3.1× from today

Net Profit 2030–31

SAR 35.4M

15% margin target

Historical & Projected P&L (SAR Millions)

Year	Revenue (SAR M)	Net Profit (SAR M)	Margin	Type
2020–21	5.3	0.2	4%	Audited
2021–22	27.0	5.4	20%	Audited
2022–23	37.4	6.4	17%	Audited
2023–24	63.5	8.4	13%	Audited
2024–25	76.4	8.7	11%	Audited
2025–26	74.1	10.2	14%	Current
2026–27	98.5	14.8	15%	Projected
2027–28	129.8	19.5	15%	Projected
2028–29	161.0	24.1	15%	Projected
2029–30	196.0	29.4	15%	Projected
2030–31	235.9	35.4	15%	Projected

Historical figures are audited. Projections assume 20%+ annual revenue growth driven by platform expansion and new portfolio entities.

Revenue Growth — Visualized

2.3–2.4×

MoIC

Money-on-invested-capital · 5-year hold

18–19%

Target IRR

Internal rate of return to 2030–31

$13.3M

Exit Value

12× net profit basis

Ownership Structure

Entity & Ownership Map

3i (Invest in Impact) Holding and its portfolio — showing ownership percentages, operating models, and entity relationships.

Arweqah — Entity & Ownership Structure

3i (Invest in Impact) Holding · August 2026

3i (Invest in Impact) Holding

Parent Holding Company

Sole owner of Arweqah Alreyadan.

Holding Company

Arweqah Alreyadan ★

100% owned by 3i Holding

Flagship operating entity. SAR 76.4M revenue FY2024–25.

Founded · Wholly Owned

Operating Core

Enablement Programmes

Incubators, accelerators & company studio for government and private sector clients.

Division

Ownership

Hakina

90% Arweqah · 10% ESOP/Founder

Saudi heritage experiences & products.

90% Equity Position

Rowad Al-Heraf

100% owned by Arweqah

Project services & trading. SAR 3.07M rev FY2026, +237% over 3 yrs.

100% Equity · Funded

Expansion — Platforms & Contracts

Flourish Venture Studio

100% owned by Arweqah

Venture builder: Studio, Incubator & Accelerator tracks.

Created · Wholly Owned

Ladun

100% under Flourish

SAR 2M rev. Converting from IP to company.

IP → Co.

Bayadina

100% under Flourish

SAR 10M rev. Converting from IP to company.

IP → Co.

Arweqah Crowdfunding Platform

25% equity · 100% tech ownership

P2P Qard al-Hasan. JV with Al Rajhi Foundation. SAMA Sandbox.

25% Equity · 100% Tech

Ithlath Waqf Factory

Exclusive Operating Model with Awqaf

Certified retort food factory. MODON Makkah. 6 certifications. Jan 2025.

Exclusive Operating Model

Created / Wholly Owned

Equity Position

Joint Venture

IP / Brand (→ Converting to Co.)

Internal Division

Portfolio & Clients

Three clusters, one integrated platform

Arweqah organises its portfolio across an Operating Core, Investment equity positions, and Expansion platforms.

Operating Core — Revenue Engine

Arweqah Alreyadah ★

The flagship entity. Consulting and ecosystem operations for government and institutional clients across Saudi Arabia. SAR 76.4M revenue FY2024–25.

Core Asset

Enablement Programmes

Incubators, accelerators, and company studio programmes operated on behalf of government and private sector clients.

Recurring Revenue

Investment — Equity Positions

Hakina

Cultural experiences and products targeting global markets. Leverages Saudi cultural heritage as an export asset.

Equity Position

Rowad Al-Heraf

Operational · FY2025 Audited

Project services and trading company. Revenue grew 3.4× over three years — first positive gross margin (7%) achieved in FY2026. Funded by Arweqah group; scaling toward profitability.

FY2026 Revenue

SAR 3.07M

3-Year Growth

+237%

Equity Position

Laden

Economic empowerment at the household level. Joined the portfolio in 2026.

Joined 2026

B-aydena

National products made by Saudi hands — local manufacturing and artisan supply chains.

Joined 2026

Expansion — Platforms & Contracts

Flourish Venture Studio

Launch Phase

Integrated venture builder with three tracks: Studio (co-founding, 20–40% equity), Incubator, and Accelerator. 6 shared capabilities across all portfolio ventures. Self-sustaining from FY2029.

FY2030 Revenue

SAR 14.7M

First Exit (FY2029)

SAR 5M+

Target: 13 portfolio companies by FY2030 · SAR 65M est. portfolio valuation · Cohorts: 8–12 startups/year

Venture Platform

Arweqah Crowdfunding Platform

Pre-Licence · SAMA Sandbox

P2P Qard al-Hasan social lending marketplace. JV with Al Rajhi Foundation (53.3%). Connects philanthropic lenders with underserved SME borrowers. 10% platform fee on every loan disbursed. Addressable market: SAR 1.36B/year.

Y5 Revenue

SAR 79M

Y5 Net Margin

~60%

5-year loan book target: SAR 2.89B · 153,527 borrowers · Breakeven Year 4

Fintech Platform

Ithlath Waqf Factory

Operational · Jan 2025

Saudi Arabia's first certified retort food factory — converts Hadi & Udhiya livestock into shelf-stable halal meals (24-month shelf life, no cold chain). Located in MODON Makkah. 6 certifications: ISO 22000, HACCP, ISO 9001, SFDA, MODON, Rentokil.

FY2026 Revenue

SAR 5.25M

FY2030 Revenue

SAR 52M

25,000 animals processed · 100,000 pouches delivered · Yemen, King Salman Center, Human Appeal contracts · Danube & Othaim retail LOIs signed

Waqf · Food Tech

Client Base — 30+ Institutions

Ministry of EnergyMinistry of CultureMinistry of CommerceMinistry of Industry & Mineral ResourcesMinistry of Hajj & UmrahMinistry of TransportAWQAFRiyadh Region MunicipalitySocial Development BankBank AlAhli SaudiHealth Endowment FundMonsha'atSEDCOAl Fozan AcademyMBSCKing Khalid FoundationKing Salman FoundationAl Rajhi HumanitarianOthaim DevelopmentNAMA FoundationJeddah Chamber+ 10 more

Request Access

Start the conversation

Qualified investors may request the full data room package, schedule a management call, or ask specific questions below.

Investment Team

EmailInvestment@3i.sa

Phone / WhatsApp+966 54 667 7178

Website3i.sa

LocationRiyadh, Saudi Arabia

Typical Process

Step 1Intro call (30 min)

Step 2NDA & data room access

Step 3Management session

Step 4Term sheet & close

Send a Message

Deal Structure

Clean terms. Clear alignment.

A single closing with 1–3 investors, minimum ticket $1.3M, structured to preserve governance quality.

Investment Terms

Total raise$5.3M (SAR ~20M)

Equity offeredUp to 10%

Primary component5% (new capital)

Secondary component5% (founder liquidity)

Minimum ticket$1.3M

Number of investors1–3 preferred

Valuation advisorEY EY

Post-money valuation$53.3M (SAR 200M)

Return Profile

Target MoIC2.3–2.4×

Target IRR18–19%

Hold period5 years (to 2030–31)

Exit value implied$13.3M

Exit multiple12× net profit

Cash dist. Year 1$4.7M

Cash dist. Year 5$5.0M

Dividend policy30%–50% net profit

Use of Capital Raised

Platform & Technology

40%

Strategic Initiatives

30%

Acquisitions

15%

Regional & Int'l Expansion

15%

Investor Rights

Board seatYes, at ≥5% stake

Priority rightsOn all future capital raises

Impact network accessInternational conferences

MembershipsGIIN, Net Impact, Catalyst Now

ReportingQuarterly financial + impact reports

Documents

Data Room Index

Standard due diligence documentation. Items are released by stage per the process timeline.

Commercial & Strategic

Investor Pitch Deck (English)
Available
Investor Pitch Deck (Arabic)
Available
Company Profile & Focus Areas
Available
5-Year Business Plan (detailed)
Upon request
Portfolio Company Profiles
Upon request

Financial

5-Year Financial Summary (SAR)
Available
Audited Financial Statements (2020–25)
Upon NDA execution
EY Valuation Report — SAR 200M
Upon NDA execution
Detailed Financial Model & Projections
Management session
Cap Table & Existing Shareholders
Management session

Legal & Governance

Articles of Association / Constitution
Upon NDA execution
Shareholder Agreement (template)
Management session
Key Contracts & Client Agreements
Management session
Regulatory Licences & Accreditations
Upon request

Team & Operations

Leadership Team CVs
Upon request
Org Chart
Upon request
Impact Measurement Framework
Upon request

To request documents or schedule a management session, contact the investment team at Investment@3i.sa · +966 54 667 7178 · 3i.sa

Parent Company

Invest in Impact (3i)

"We view impact investing as a key driver in addressing environmental and social challenges through investments that generate financial returns while creating sustainable impact."

8 Countries
of Impact

12 Portfolio
Companies

10 Impact
Ecosystems

5 Operating
Sectors

Chairman

Saeed Basamh

Invest in Impact Holding

Chief Executive Officer

Muayad Bagais

Invest in Impact Holding

Global Presence — 8 Countries

🇸🇦 Saudi Arabia Jeddah · Riyadh · Madinah

🇪🇬 Egypt Cairo

🇲🇾 Malaysia Kuala Lumpur

🇮🇩 Indonesia Jakarta

🇹🇿 Tanzania Dar es Salaam

🇰🇪 Kenya East Africa

🇺🇬 Uganda East Africa

🇰🇬 Kyrgyzstan Central Asia

5 Operating Sectors

Corporate

Governance & holding structure

Investment

Impact-driven capital deployment

Ecosystems

10 thematic impact verticals

Shared Services

Cross-portfolio enablement

Strategic Growth

Long-range expansion & innovation

10 Impact Ecosystems

Social Investment Pilgrims Service Economic Empowerment Child & Family Sports Rural Development Environment Innovation Health Behaviour Change

Portfolio Companies — 12 Entities

Arweqah Al-Reyadah ★Entrepreneurship enablement

Flourish Venture StudioStartup builder · 3 tracks

Rajhi Crowd Funding PlatformQard al-Hasan crowdfunding

Rowad Al-HerafTrading & project services

IthlathHalal food tech · retort meals

Impetus StrategyStrategic advisory

MEFAN Creative AgencyCreative & communications

QIYAM CompanyValues-based development

LadenSocial enterprise platform

HakinaCultural experiences

B-aydenaRural development

Ghayma / Ecoode / TadweemEnvironment & sustainability

Core Values

01

Team is best investment

02

Design impactful ecosystems

03

Innovative sustainable solutions

04

Impact is what investments are about

05

Society is a key partner

Invest in Impact Holding

Arweqah Al-Reyadah is a wholly owned subsidiary of 3i

Visit 3i.sa