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.
- Total Equity Funding$38.06M (USD)
in 5 rounds
- InvestorsBonat
& 9 more
Products & Services of Rize
Rize offers a comprehensive portfolio of products and services, including Rent Now, Pay Later.
Rental payments are split into 12 monthly installments.
Apps and channels of Rize
Rize publishes 1 mobile app with over 100K+ downloads.
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.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2025 | Debt – Conventional | – | – | ||
| Jan 2025 | $35.16M | Series A | – | Raed Ventures | |
| Feb 2024 | $2.9M | Seed | – | HALA Ventures, Joa Capital | |
| Feb 2024 | Debt – Conventional | – | – | ||
| Feb 2023 | Seed | – | Watheeq Proptech Venture, Seedra Ventures | – |
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage tech startups are invested in by Raed Ventures. | raed.vc | Riyadh, 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.capital | Riyadh, Saudi Arabia | ||
A venture capital fund focused on technology startups is operated. | namaventures.com | Riyadh, Saudi Arabia | ||
Early-stage tech startups in GCC, Egypt, and Turkey are funded. | hala.vc | Al Khobar, Saudi Arabia | ||
Private debt loans are extended by this firm to businesses. | pfgrowth.com | Tiburon, 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. | 2018 | bonat.io | Riyadh, Saudi Arabia | |
Aqar is recognized as a leading real estate platform in Saudi Arabia. | aqar.fm | Saudi Arabia |
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).
| Name | Role | Group |
|---|---|---|
Ibrahim Balilah | Co-founder and CEO | Leadership |
Fatima Alhamed | Senior Product Manager | Team |
Joud Aljubairi | Senior Account Manager | Team |
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.
- Founded Rize is founded.
- Funding First funding round.
- Funding Latest funding round, Debt – Conventional,.
Web traffic of Rize
The website of Rize (rize.sa) receives about 49.8K visits a month.
- Monthly visits49.8K
▲ 56.3% vs previous month
Websites whose visitors overlap most with Rize. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| ejari.sa | 100% | 34.5K | #797,389 | View details | |
| google.com | 61% | 85.8B | #1 | View details | |
| linkedin.com | 54% | 1.9B | #18 | View details | |
wasalt.sa | wasalt.sa | 53% | #176,175 | – | |
| gathern.co | 51% | 520.3K | #72,088 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
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
Complete news archive for Rize
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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.