Rize

Riyadh, Saudi Arabia Founded: 2020 • Age: 6 yrs
Rize is recognized as a platform facilitating rental processes in Saudi Arabia.

About Rize

Rize is a Real Estate & Construction company based in Riyadh (Saudi Arabia) founded in 2020. Rize is recognized as a platform facilitating rental processes in Saudi Arabia. It operates on a PropTech and Brokerage / Intermediation model in Real Estate & Construction and Financial Services sectors. Rize has raised $38.06 million across 5 funding rounds from investors including Bonat, RAED Ventures and SEEDRA Ventures. Its website rize.sa draws about 50 thousand monthly visits. Rize offers products and services including Rent Now, Pay Later. Its focus areas include Real Estate, Rental Services and Residential Leasing. Its legal entity is Alulu Financial Company.

Company details

Rize is established as an innovative platform for simplifying the rental process in Saudi Arabia through its application and website. The primary service offered is Rent Now, Pay Later, allowing tenants to convert annual rent into 12 manageable monthly payments while ensuring property owners receive the full annual rent upfront. This dual benefit model is designed to support both tenants and landlords in the residential real estate sector. Rize is licensed by relevant authorities and operates under the unified rental contract system, contributing to the growth of property technology in the region.

  • Headquarters Riyadh, Saudi Arabia
  • Sectors
    Real Estate & Construction
    Financial Services
  • Email
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  • Phone
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  • Website rize.sa
  • Social LinkedIn X Instagram
  • Legal Name Alulu Financial Company
Key Metrics
  • Total Equity Funding
    $38.06M (USD)

    in 5 rounds

  • Investors
    Bonat

    & 9 more

Products & Services of Rize

Rize offers a comprehensive portfolio of products and services, including Rent Now, Pay Later.

Rent Now, Pay Later
Real Estate Rental Service

Rental payments are split into 12 monthly installments.

Apps and channels of Rize

Rize publishes 1 mobile app with over 100K+ downloads.

Rize | Rent Now. Pay Later.
Google Play Business Everyone Free 100K+ downloads
Developer: rizeapp
View on Google Play

Funding Insights of Rize

Rize has successfully raised a total of $38.06M across 5 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $38.06M
  • Total Rounds 5
  • Investors Count 10

All 5 funding rounds of Rize with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2025Debt – Conventional––
Jan 2025$35.16MSeries A–Raed Ventures
Feb 2024$2.9MSeed–HALA Ventures, Joa Capital
Feb 2024Debt – Conventional––
Feb 2023Seed–Watheeq Proptech Venture, Seedra Ventures
–
Valuation history

10 investors in total: 10 institutional.

Investors in Rize

Rize has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Bonat, RAED Ventures and SEEDRA Ventures.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Early-stage tech startups are invested in by Raed Ventures.
raed.vcRiyadh, Saudi Arabia
Venture building and investment services are offered by SEEDRA.
seedra.com
Joa Capital is focused on investing in high-growth technology businesses.
joa.capitalRiyadh, Saudi Arabia
A venture capital fund focused on technology startups is operated.
namaventures.comRiyadh, Saudi Arabia
Early-stage tech startups in GCC, Egypt, and Turkey are funded.
hala.vcAl Khobar, Saudi Arabia
Private debt loans are extended by this firm to businesses.
pfgrowth.comTiburon, United States
RZM Holding is involved in unspecified business activities.
rzm.com.sa
watheeqproptech.com
App-based loyalty software is offered for rewards and point collection.
2018bonat.ioRiyadh, Saudi Arabia
Aqar is recognized as a leading real estate platform in Saudi Arabia.
aqar.fmSaudi Arabia
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Investor details for Rize

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of Rize

3 people are tracked at Rize (1 in leadership, 2 in team).

NameRoleGroup
Ibrahim Balilah
Co-founder and CEOLeadership
Fatima Alhamed
Senior Product ManagerTeam
Joud Aljubairi
Senior Account ManagerTeam
Premium access

Complete people profiles for Rize

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of Rize

3 dated milestones of Rize across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Rize is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Debt – Conventional,.

Web traffic of Rize

The website of Rize (rize.sa) receives about 49.8K visits a month.

  • Monthly visits
    49.8K

    ▲ 56.3% vs previous month

Similar websites

Websites whose visitors overlap most with Rize. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
ejari.sa
100%
34.5K#797,389View details
google.com
61%
85.8B#1View details
linkedin.com
54%
1.9B#18View details
wasalt.sa
wasalt.sa
53%
#176,175–
gathern.co
51%
520.3K#72,088View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
Premium access

All 6 similar websites and full traffic analytics for Rize

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 6 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

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Related news about Rize

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Complete news archive for Rize

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  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Rize

Rize was founded in 2020 and raised its 1st funding round 3 years after it was founded.

Rize is headquartered in Riyadh, Saudi Arabia.

Rize is a funded company, having raised a total of $38.06M across 5 funding rounds to date.

Rize is established as an innovative platform for simplifying the rental process in Saudi Arabia through its application and website. The primary service offered is Rent Now, Pay Later, allowing tenants to convert annual rent into 12 manageable monthly payments while ensuring property owners receive the full annual rent upfront. This dual benefit model is designed to support both tenants and landlords in the residential real estate sector. Rize is licensed by relevant authorities and operates under the unified rental contract system, contributing to the growth of property technology in the region.

Rize offers Rent Now, Pay Later.

Rize has 10 investors. Key investors include Bonat, RAED Ventures, SEEDRA Ventures, Aqar, and Joa Capital.

Rize operates through Alulu Financial Company.

Yes. Rize publishes Rize | Rent Now. Pay Later., with over 100,000 downloads.

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