London-based wealth creation platform Vennre has secured $9.6 million in a hybrid pre-Series A funding round. This marks a significant step in its ambition to unlock institutional-grade, Sharia-compliant private market investments for a new generation of high-earning professionals across the Gulf Cooperation Council (GCC) and beyond.
The funding round, co-led by Vision Ventures and anb seed Fund, with participation from Sanabil 500, Ace & Co, Plus VC, and a network of seasoned individual investors.
This positions Vennre to accelerate client growth, enhance its digital platform, and deepen its footprint in Saudi Arabia’s fast-expanding wealth management market.
At the core of Vennre’s proposition is a long-term vision of disciplined wealth creation rather than short-term transactional investing, a philosophy its leadership believes is missing in much of today’s retail investment landscape.
What You Should Know About Vennre
Founded by Ziad Mabsout, Anas Halabi, and Abdulrahman AlMalik, Vennre is a digital-first wealth creation platform designed to give investors access to curated, regulated, and Sharia-compliant private market opportunities.
Operating from London but focused heavily on the GCC, the platform enables users to invest in asset classes such as real estate, private equity, venture capital, and private credit. These are areas traditionally reserved for ultra-high-net-worth individuals and institutional investors.
Vennre’s approach centres on careful selection and vetting of opportunities, offering what it describes as institutional-grade investments through a technology-driven platform tailored to the cultural, regulatory, and ethical requirements of its target markets.
According to the company, this structure allows investors to participate in real-asset and private market deals without needing the scale or connections typically required to access them directly.
The Problem Vennre Is Trying to Solve
Vennre is specifically built for HENRYs, High Earners, Not Rich Yet, a growing demographic of professionals who earn strong incomes but struggle to convert that income into sustainable, long-term wealth.
While many of these individuals have the capacity to invest, they are often limited to public markets or basic financial products, while more resilient and higher-quality opportunities remain inaccessible.
By opening the door to private markets in a compliant and regulated manner, Vennre aims to bridge the gap between earning well and building lasting wealth.
As Ziad Mabsout, CEO and Co-Founder of Vennre, explained, the company’s focus goes beyond deal-making.
“We are building for long-term wealth creation, not one-off transactions, starting with curated and vetted private investment opportunities and expanding into a full wealth journey built on discipline, trust, and alignment,” he said.
This long-term mindset reflects a broader shift in the GCC’s investment culture, where younger professionals are increasingly seeking structured, ethical, and growth-oriented alternatives to traditional savings and speculative investing.
Who Invested and What Hybrid Pre-Series A Funding Means
The $9.6 million raise was executed through a hybrid equity and debt structure. This means the funding combined ownership investment with structured borrowing. This approach allows Vennre to strengthen its balance sheet while limiting excessive dilution at an early growth stage.
The round was co-led by Vision Ventures and anb seed Fund, with additional backing from Sanabil 500, Ace and Co, and Plus VC, alongside individual investors drawn from the private banking, technology, and entrepreneurship ecosystems.
Their participation underscores growing investor confidence in platforms addressing wealth creation rather than short-term trading.
Commenting on Vennre’s value proposition, Kais Al-Essa, Founding Partner and CEO of Vision Ventures, highlighted the platform’s role in broadening access to previously exclusive asset classes.
“Vennre enables access to high-quality investment opportunities in real estate, private equity, venture capital, and private credit. These four asset classes were previously available to a select few,” he said.
What the Newly Raised $9.6m Will Be Used For
With the fresh capital, Vennre plans to scale its client base, introduce new platform features, and expand more deeply into Saudi Arabia, one of the fastest-growing wealth management markets in the region.
Saudi Arabia’s economic diversification agenda, expanding professional class, and increasing appetite for Sharia-compliant financial products make it a strategic priority for the company’s next phase of growth.
Beyond geographic expansion, the funding will also support product development aimed at delivering a more comprehensive digital wealth journey.
This includes enhancing user experience, strengthening compliance and governance frameworks, and expanding the range of vetted investment opportunities available on the platform.
A Broader Shift in Wealth Creation
Vennre’s raise reflects a wider transformation underway in the GCC’s financial ecosystem, where technology-enabled platforms are redefining how wealth is built, accessed, and managed.
By focusing on disciplined, long-term investing and opening private markets to a broader audience, Vennre is positioning itself at the intersection of fintech innovation, ethical finance, and regional economic growth.
As competition intensifies in the region’s wealthtech space, Vennre’s emphasis on trust, curation, and Sharia compliance may prove decisive in capturing the loyalty of high-earning professionals looking to move beyond income toward enduring financial security.
Talking Points
Vennre’s $9.6 million raise highlights a broader and timely shift in the GCC’s wealth landscape, where a growing class of high-earning professionals is seeking structured pathways to long-term wealth rather than speculative or short-term investment products.
By targeting HENRY investors and focusing on curated, Sharia-compliant access to private markets, Vennre is addressing a real and persistent gap between income generation and sustainable wealth creation.
However, while the platform’s value proposition is compelling, its success will depend on execution, particularly its ability to balance accessibility with the inherent risks, illiquidity, and longer investment horizons associated with private markets.
The hybrid equity-debt funding structure signals investor confidence but also places pressure on the company to scale responsibly and deliver consistent returns without compromising governance or transparency.
Its expansion into Saudi Arabia is strategically sound given the Kingdom’s rapidly evolving wealth management sector, yet it will require strong regulatory alignment and investor education to build trust at scale.
Ultimately, Vennre’s long-term relevance will rest not on the novelty of access alone, but on whether it can consistently deliver disciplined, well-vetted investment outcomes that genuinely help high earners transition into enduring wealth holders in an increasingly sophisticated financial ecosystem.
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