Ali Al-Mubarak

About

Principal at Rua Growth Fund, leading venture capital investments across fintech, SaaS, and emerging technology in Saudi Arabia and the wider GCC. I oversee deal sourcing, due diligence, and portfolio management for two active VC funds (Rua Growth Fund and anb Seed Fund), partnering with exceptional founders to build scalable, category-defining businesses.

Experience

• Rua Growth Fund (Full-time · 1 yr 8 mos)
  • Investment Principal
    Jun 2025 - Present · 1 yr 1 mo

    We manage 2 VC funds (Rua Growth Fund, anb Seed Fund) investing in tech startups in MENA in Seed-Series B stages, mostly focusing on fintech, B2B SaaS and online marketplaces.

  • Investment Associate
    Nov 2024 - Jun 2025 · 8 mos

• Board Observer at Lucidya | لوسيديا
  Nov 2024 - Present · 1 yr 8 mos

• Board Observer at Carasti Car Subscriptions
  Nov 2024 - Present · 1 yr 8 mos

• Investor at Self-employed
  Jan 2023 - Present · 3 yrs 6 mos

  Manage public investments — achieved 35% return in 2023 (~10% alpha over S&P 500)

• Business Development Manager at Family business
  Apr 2023 - Oct 2024 · 1 yr 7 mos

  Operational turnaround