Scopeer
Riyadh-based equity crowdfunding platform that let investors buy shares in Saudi SMEs and startups. It received a Capital Market Authority fintech experimental permit in July 2018.
Industry: Equity crowdfunding | Location: Riyadh, Saudi Arabia | Founded: 2017
About Scopeer
Scopeer is a Riyadh-based equity crowdfunding platform that lets investors buy shares in small and medium-sized Saudi companies and startups. It is legally registered as Crowdfunding Limited Company. Its website, in Arabic with an English option, shows the logo of the Capital Market Authority (CMA). A TechScoop article of May 2026 names it among the crowdfunding platforms operating in Saudi Arabia and the UAE, alongside SmartCrowd and Beehive.
Scopeer began working with the CMA on a crowdfunding framework in March 2017, according to Arab News. Abdulrahman Altheeb has been chief executive since September 2017. On 10 July 2018 the CMA announced that its board had granted the company a financial technology experimental permit to run an equity crowdfunding platform, alongside Manafa Capital. Argaam reported that the web platform was due to open in early September 2018.
The CMA rules reported at that time set the terms for companies using the platform. A business needed at least a year of operations, could offer between 10 and 30 percent of its value, was limited to a value of SAR 10 million after the round and could raise up to SAR 5 million. Individual investors could put up to SAR 20,000 into one company and SAR 100,000 a year. Argaam reported that Scopeer aimed to attract 10,000 investors and, as offering manager, would assess each company's finances, credit score and risk with Saudi credit reporting firms.
Offerings run through the platform were reported by Wamda in 2021 and 2022. Express Wash raised SAR 2.5 million and Dealcom SAR 3.5 million in October 2021. Rodha, a foodtech startup, raised SAR 1.5 million from 441 investors in December 2021. Legends Gaming raised SAR 4.5 million from 674 investors in January 2022, and Circyls raised SAR 5 million in a pre-Series A round in March 2022.
No funding round for Scopeer itself was found, and no figures for the platform's total investors or capital raised have been published in the sources read.
Leadership
- Abdulrahman Altheeb, Chief Executive Officer