UK-based wealth creation platform Vennre has successfully closed a pre-Series A funding round, raising $9.6 million through a hybrid equity and debt structure. The round was co-led by Vision Ventures and anb seed Fund, with participation from Sanabil 500, Ace & Co, Plus VC, and a consortium of strategic individual investors from private banking, technology, and entrepreneurship sectors. This investment reflects growing confidence in Vennre’s mission to broaden access to private market opportunities traditionally reserved for institutional investors.
Democratizing Private Market Access
Vennre focuses on enabling high-earning professionals, often referred to as HENRYs (High Earners, Not Rich Yet), to participate in curated private investments across multiple asset classes. The platform offers vetted deals in real estate, private equity, venture capital, and private credit, including Shariah-compliant options, with minimum investment levels starting at approximately $5,000. By combining financial expertise with technology, Vennre simplifies access to alternative investments while emphasizing due diligence, transparency, and an intuitive user experience.
Addressing Longstanding Barriers
Traditionally, private market investments have been limited by high minimums and complex structures, leaving many high-income professionals underserved. Vennre seeks to overcome these barriers, enabling clients to build diversified portfolios and pursue long-term wealth creation with greater confidence. Its approach emphasizes disciplined, strategic investing over transactional activity, fostering a sustainable path toward financial growth.
Leadership and Market Traction
Founded by Ziad Mabsout, Anas Halabi, and Abdulrahman AlMalik, Vennre has recently achieved two key milestones, including the appointment of Dr. Ibrahim AlMojel as Chairman of its Saudi board and surpassing $40 million in transaction volume on its platform. CEO Ziad Mabsout highlighted that many professionals have earned significant success but lack effective tools to compound it. He emphasized that Vennre is building a comprehensive wealth platform designed to support long-term financial outcomes and trust-based client relationships.
Investor Confidence
The pre-Series A round drew strong participation from both institutional and strategic investors, signaling confidence in Vennre’s model and growth potential. Khalid S. Alghamdi, CEO of anb capital, noted that global private markets manage over $14 trillion in assets, yet individual investors account for less than 5% of that exposure. He underscored Vennre’s role in providing Shariah-compliant access to private investments, aligning with Vision 2030’s mandate to broaden capital markets participation in Saudi Arabia.
Strategic Growth Plans
Vennre plans to deploy the capital to expand its client base, introduce new platform features, and strengthen its presence in Saudi Arabia, capitalizing on ongoing financial sector liberalization and fintech momentum. Vision Ventures’ CEO Kais Al-Essa highlighted the platform’s ability to democratize high-quality investment opportunities previously restricted to a select few. The firm sees this as a step toward empowering a wider segment of high-income professionals to achieve generational wealth creation.
With its latest funding round, Vennre is poised to accelerate its mission of opening private market opportunities to high-earning professionals across the MENA region. By leveraging technology, transparency, and strategic curation, the platform offers a structured path to long-term wealth creation. The company’s growth and investor support reflect both market demand and confidence in its innovative approach to private investing.