Vennre completes $9.6M round to grow private market platform in MENA

UK-based Vennre, a wealth creation platform, has raised
$9.6 million in a pre-Series A funding round 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 group of strategic
individual investors from the private banking, technology, and entrepreneurship
sectors.

Vennre is designed to give high-earning
professionals access to curated investment opportunities traditionally reserved
for institutional investors and ultra-high-net-worth individuals. The platform
offers vetted deals across asset classes, including real estate, private equity,
venture capital, and private credit, with investment minimums starting at
around $5,000 and options that include Sharia-compliant opportunities. It
combines financial expertise with technology to streamline access to
alternative investments, with an emphasis on due diligence, transparency, and a
user-friendly experience.

The company aims to reduce traditional barriers
to private market investing, such as high minimums and complex structures, and
enable so-called HENRYs (High Earners, Not Rich Yet) to build diversified
portfolios and pursue long-term wealth creation with greater confidence.

Ziad Mabsout, CEO and co-founder of Vennre,
noted that many high-earning professionals in the region have achieved
financial success but lack effective tools to compound it. He added that Vennre
is focused on long-term wealth creation rather than transactional investing,
starting with curated private market opportunities and evolving into a
comprehensive wealth platform built on discipline, trust, and alignment.

Vennre plans to use the capital to expand its
client base, launch new platform features, and strengthen its presence in Saudi
Arabia, in line with ongoing financial sector liberalisation and fintech
growth.