Saudi Arabian proptech startup Ghanem has secured a $7.1 million investment from Al-Romaih Group to accelerate the growth of its fractional real estate platform. The funding round marks a significant validation of Ghanem’s business model, which aims to widen access to real estate investment in the Kingdom. It also underscores growing institutional interest in technology-driven ownership models that align with Saudi Arabia’s ongoing economic transformation.
Company Background
Founded in 2025 by Saleh Al-Ghamdi and Amr Essam, Ghanem operates as a digital platform that enables investors to acquire fractional stakes in real estate assets. The company targets both individual and institutional investors seeking diversified exposure to property without the high capital requirements of traditional ownership. By lowering entry thresholds, Ghanem is positioning itself as a gateway for broader participation in one of the Kingdom’s most important asset classes.
Strategic Investment from Al-Romaih Group
Al-Romaih Group, a prominent Saudi investment group with experience across real estate and financial services, led the $7.1 million round as a strategic partner rather than a purely financial backer. The group’s sector expertise and capital are expected to support Ghanem’s scale-up in product, operations, and market reach. The partnership signals confidence that fractional ownership platforms can become a meaningful channel within Saudi Arabia’s evolving real estate ecosystem.
Regulatory Framework and Vision 2030 Alignment
Ghanem operates under the Regulatory Sandbox of the Real Estate General Authority, giving the startup a supervised environment to test and refine its model. This framework is designed to protect investors while enabling innovation, reinforcing trust in new digital investment products. By working within the sandbox, Ghanem aligns itself with national priorities around governance, transparency, and regulatory rigor.
Product Expansion and Technology Development
Management has indicated that the new capital will be used to expand product offerings, enhance the platform’s technology, and deepen market penetration. Investment is expected to flow into improving user experience, data infrastructure, and the range of listed properties available for fractional ownership. These upgrades are aimed at making the platform more attractive to both first-time investors and experienced market participants looking for alternative real estate exposure.
Market Impact and Investor Access
Ghanem’s model is designed to offer investors greater transparency, flexibility, and accessibility compared to conventional real estate deals. By fractionalizing assets, the platform can open previously inaccessible properties to smaller ticket sizes, enabling portfolio diversification across multiple projects and locations. This approach supports broader participation in ownership markets, which is a stated objective within Saudi Arabia’s Vision 2030 agenda for financial and capital market development.
Leadership Perspective and Sector Outlook
Commenting on the investment, CEO and Co-Founder Saleh Al-Ghamdi highlighted the alignment between Ghanem and Al-Romaih Group in modernizing real estate investment. He emphasized that the funding will help the company advance its technology stack, strengthen its presence in the Saudi market, and scale innovative solutions tailored to local investor needs. The deal also reflects a broader trend in the Kingdom, where proptech platforms are increasingly seen as enablers of digital transformation in the real estate sector.
With fresh backing from Al-Romaih Group, Ghanem is now positioned to accelerate its next phase of growth in Saudi Arabia’s real estate market. The startup’s focus on fractional ownership, regulatory compliance, and technology-led access could help reshape how individuals and institutions invest in property. If execution matches ambition, Ghanem may emerge as a key player in the Kingdom’s push to deepen, diversify, and digitize real estate investment in line with Vision 2030.