The Spark Angel event, hosted by Numu Angels, successfully concluded in Riyadh, bringing together more than 200 entrepreneurs and angel investors for an exclusive evening of pitching, networking, and collaboration. The event was praised by attendees for the high caliber of its startups and its impactful networking opportunities.
By the Numbers
The event showcased a curated selection of high-potential startups and a strong turnout from the investment community:
- 200+ Attendees: A mix of entrepreneurs and angel investors from within and outside the Numu network.
- 5 Startups: A handpicked group of innovative companies that pitched during the Demo Day session.
- 100+ Applicants: The startups were selected from a pool of over 100 ventures that applied to present.
A Platform for High-Impact Connections
The Spark Angel event featured a dynamic agenda, including an insightful panel discussion titled “From Investment to Exit” with Faisal Almaklas of Torod and angel investor Salman Butt. The highlight of the evening was the Demo Day, where five carefully selected startups presented their solutions. The quality of the companies was lauded by attendees, with one investor noting that it was the first Demo Day they had attended where every startup was a potential investment.
The networking session was particularly successful, extending an hour longer than scheduled due to the high level of engagement between investors and founders.
Meet the Startups
The event showcased a lineup of innovative fintech and automotive startups:
- FinFlow.AI: Offers instant, flexible, Shariah-compliant credit lines for businesses.
- RiFD Finance: A platform that allows corporate receivables to be bundled and securitized to attract global investors.
- RiflowX: Provides solutions for simplifying debt management.
- Feddi: A closed-loop wallet designed to help businesses recognize and retain their best customers.
- Markaba: A platform for smarter car sales and financing in Saudi Arabia.
Looking Ahead
Following the success of this event, Numu Angels has announced that it will host an even larger event in December, promising continued opportunities to connect the region’s most promising founders with its growing network of angel investors.
