Ghanem Raises $1.5M Pre-seed Extension

Ghanem, a Riyadh-based company specializing in fractional real estate ownership, has closed a $1.5 million extension to its pre-seed round. This latest injection of capital brings the company's total funding for this round to $8.6 million.

Investors

Participation in the round included various real estate companies and a group of strategic angel investors, along with investment from Waad VC.

Ghanem Use of Funds

Ghanem plans to use the new capital to support the next stage of its operational growth, diversify its real estate investment opportunities, build strategic partnerships, and continue developing its solutions within the Saudi Real Estate General Authority regulatory sandbox.

About Ghanem

Founded in 2025 by Saleh Waheed Al-Ghamdi and Amr Essam, Ghanem provides a platform that simplifies real estate investment through fractional ownership of income-generating properties. The platform allows users to invest in tangible real estate assets with entry amounts starting at SAR 1,000, combining potential rental income with asset ownership. The company has integrated its digital systems with the Real Estate Registry and operates under the supervision of the Real Estate General Authority.

Funding Details

Company Website: https://ghanem.sa

Company: Ghanem
Raised: $1.5M
Round: Pre-seed Extension
Funding Date: October 14, 2026
Additional Investors: Waad VC, various real estate companies, strategic angel investors
Software Category: Real Estate Technology
Source: https://fintechgate.net/254478