Faris Al-Rashed is the founder and chairman of the Trustees’ Board at Oqal Angel Investors Network. See sector focus and contact routes.
Faris Al-Rashed is the founder and chairman of the Trustees’ Board at Oqal Angel Investors Network, Saudi Arabia’s first angel network established in 2011 to support early-stage entrepreneurship in the Kingdom. His investment focus centers on seed and startup-stage ventures, primarily within Saudi Arabia, with notable backing of companies such as Careem, Hala, Lendo, and Sabbar. While specific check sizes and lead/follow behavior are not publicly detailed, his role as a founding partner in multiple startups suggests active, hands-on involvement rather than passive follow-on investing. Among his most recognized portfolio companies are Careem (a regional ride-hailing platform later acquired by Uber), Hala (a food delivery service), Lendo (a fintech lending platform), and Sabbar (a logistics startup). Al-Rashed also serves as a managing partner at Derayah Venture Capital Fund and mentors at Endeavor Saudi, reflecting a broader commitment to building the Saudi venture ecosystem. He is an Eisenhower Fellow since 2005 and holds board positions at several listed and unlisted companies, including Bin Dawood Holding and Elm Co., though no distinctive public writing or
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