• Saudi retail-tech platform Rewaa raised USD 45M in a Series B round to scale AI-driven automation for small and medium-sized businesses.
• The funding will accelerate smart operational tools that reduce manual work, improve accuracy, and deliver real-time business insights to merchants.
• Founded in 2018, Rewaa offers an all-in-one commerce operating system covering sales, inventory, accounting, and reporting for SMEs.

Rewaa

Saudi-based Rewaa secured USD 45 million in a Series B investment round. The round was co-led by Wa’ed Ventures, Idrisi Ventures, and Unity Invest Partners. The round also saw participation from Vision Ventures (VV), RZM Investment, Sadu Capital, Sanad Investment, Palm Ventures, Abdulrahman Sulaiman Al-Rajhi & Sons, and Alinma Capital.

“This investment accelerates the development of smarter operational technologies using AI almost entirely in managing SMEs’ businesses. Our goal is to empower merchants with practical tools that reduce manual effort, enhance operational accuracy, and provide clearer visibility into their operations,” said Mohammed Alqasir, Co-Founder & CEO of Rewaa.

Retail

 With the funding, it aims to make smart automation the foundation of the merchant’s daily experience. This aims to leverage artificial intelligence to understand numbers in real-time and identify opportunities and challenges.

The goal is to simplify complex operations, reduce the time and effort spent on operational tasks. It aims to give merchants more space to focus on growing their businesses and aid in decision-making.

Founded in 2018, Rewaa is a retail and commerce management platform that provides operating software for small and medium-sized businesses. It seeks to unite all merchant-related operations onto one platform. The services range from sales and inventory to accounting and reporting, aiming to reduce merchants’ daily load.

It focuses on smart automation and artificial intelligence, aiming to reduce manual work for merchants and improve operational accuracy. Additionally, it seeks to provide business owners with real-time visibility into their performance to ease the decision-making process.