• Arsann secures SAR 100M from Merak Capital to expand smart parking and urban mobility infrastructure across Saudi Arabia.
• The company operates 270+ smart parking sites and has managed over 10 million vehicles using IoT-enabled, digital-first systems.
• With Merak’s support, Arsann will scale into giga projects, on-street networks, and Vision 2030 smart city initiatives.

Merak Capital

Saudi smart mobility player Arsann secured USD 26.7 million (SAR 100M)  investment from investment firm, Merak Capital.

Up next with the new capital,  Arsann aims to scale its technology and data capabilities. It also seeks to prepare for participation in giga projects and major national events. In addition, it plans to expand into municipal on-street networks, deploying connected systems that provide real-time visibility on parking availability and traffic flow. Moreover, this is in alignment with the Kingdom’s shift toward digitally managed mobility infrastructure.

“From the start, Arsann set out to enable economic growth through opportunity—not just by building technology, but by empowering the people who move our cities. This investment allows us to scale that mission and deepen our contribution to the national economy,” said Mahmoud Ghulman, Chairman of Arsann.

Smart Mobility

Founded in 2017,  Arsann is a Saudi-based provider of smart parking and mobility solutions. It  runs over 270 sites and has managed more than 10 million parked vehicles across Saudi cities. Additionally, its parking OS platform integrates license plate recognition, IoT sensors, and digital payments to optimize traffic and reduce congestion. Moreover, it serves sectors like retail, airports, hospitals, and hotels—and now plans to expand into on-street and municipal networks.

The company’s systems help drivers find parking faster and enable seamless, cashless payments aiming to reduce friction and improve city mobility.

Beyond its role in national infrastructure, Arsann seeks to create value for both businesses and users. Its platform turns parking assets into data-rich, revenue-generating assets that can be managed in real time.

“Our investment in Arsann reflects Merak’s conviction that technology and infrastructure can work together to deliver meaningful impact—supporting national priorities and expanding opportunities for Saudi talent,” said Mohannad Alfayez, Partner and Head of Capital Formation at Merak Capital.

The smart mobility provider leverages its matching and management technologies to enable a network of on ground operators and mobility service providers to participate in Saudi’s evolving smart mobility sector. This is in alignment with Saudi’s Vision 2030 to support job creation and generate local value.