Key Takeaways
- • Tracxn counts 131 private equity funds based in Saudi Arabia as of September 2026, led by Kingdom Holding Company, Sanabil, SAB Holding, RZM Investment and SVC.
- • According to Tracxn, Saudi-based PE funds have collectively invested more than $1.55T across 9,046 rounds in over 2,000 companies.
- • Over the past five years, these funds participated in 298 seed-stage rounds totaling $1.76B, 591 early-stage rounds totaling $38B, and 825 late-stage rounds totaling $516B.
- • Enterprise Software, SaaS and Deep Tech are identified as the most active sectors for these funds.
- • Sanabil reports 52 portfolio companies, SAB Holding 36, RZM Investment 41, Kingdom Holding 13 and SVC 26, per Tracxn profile data.
Summary
Tracxn's database tracks 131 private equity funds in Saudi Arabia as of September 2026. The most prominent names cited are Kingdom Holding Company, Sanabil, SAB Holding, RZM Investment and SVC. Tracxn states that, collectively, these funds have invested more than $1.55 trillion across 9,046 rounds in over 2,000 companies. The figure is a cumulative investment total and is not broken down by fund in the source.
Over the past five years, the funds' activity has been concentrated in later-stage deals by value. Tracxn reports 298 seed-stage rounds worth $1.76 billion, 591 early-stage rounds worth $38 billion, and 825 late-stage rounds worth $516 billion. The most active sectors are Enterprise Software, SaaS and Deep Tech.
Tracxn's profiles give portfolio counts and founding years for several of the leading firms. Sanabil, founded in 2009, lists 52 portfolio companies across acquisition and public-market stages. SAB Holding, founded in 1990, lists 36. RZM Investment, founded in 2008, lists 41. Kingdom Holding Company, founded in 1980, lists 13 with a focus on consumer and gig-economy investments across the United States, France and other markets. SVC, founded in 2018, lists 26.
The publisher's surrounding material points to continued activity in the market. Public Investment Fund has reportedly signed a deal with US-based I Squared Capital that could bring up to $2 billion into the kingdom. Separately, a market-size forecast projects the Saudi private equity market to grow at a 6.82% compound annual rate from 2026 to 2034, reaching USD 14,160.67 million. These figures come from third-party research and should be treated as forecasts. The source is a database-driven listing, and Tracxn's aggregate figures should be read with that methodology in mind.
Over the past five years, the funds' activity has been concentrated in later-stage deals by value. Tracxn reports 298 seed-stage rounds worth $1.76 billion, 591 early-stage rounds worth $38 billion, and 825 late-stage rounds worth $516 billion. The most active sectors are Enterprise Software, SaaS and Deep Tech.
Tracxn's profiles give portfolio counts and founding years for several of the leading firms. Sanabil, founded in 2009, lists 52 portfolio companies across acquisition and public-market stages. SAB Holding, founded in 1990, lists 36. RZM Investment, founded in 2008, lists 41. Kingdom Holding Company, founded in 1980, lists 13 with a focus on consumer and gig-economy investments across the United States, France and other markets. SVC, founded in 2018, lists 26.
The publisher's surrounding material points to continued activity in the market. Public Investment Fund has reportedly signed a deal with US-based I Squared Capital that could bring up to $2 billion into the kingdom. Separately, a market-size forecast projects the Saudi private equity market to grow at a 6.82% compound annual rate from 2026 to 2034, reaching USD 14,160.67 million. These figures come from third-party research and should be treated as forecasts. The source is a database-driven listing, and Tracxn's aggregate figures should be read with that methodology in mind.
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