Saudi Arabia–based proptech startup Ghanem has raised USD 7.1 million in a round led by Al-Romaih Group.
Founded in 2025 by Saleh Al-Ghamdi and Amr Essam, Ghanem operates a digital platform built around fractional real estate ownership. The company aims to make property investment more accessible by lowering entry barriers and widening investor participation.
With the fresh capital, Ghanem plans to speed up its expansion efforts and introduce new product offerings. Most importantly, the company expects the funding to support innovation and broaden the range of investment options available in the Saudi real estate market.
The platform functions under the Regulatory Sandbox of the Real Estate General Authority (REGA). Because of this oversight, the company seeks to reinforce investor trust while maintaining its commitment to compliance and governance standards.
Saleh Al-Ghamdi, CEO and Co-Founder of Ghanem, said: “ This investment will help us expand our product offerings, advance our technology, and strengthen our market presence, contributing to the realization of Saudi Arabia’s Vision 2030 and broadening the base of real estate investment in the Kingdom.”
Ghanem’s funding reflects continued interest in Saudi Arabia’s growing fractional real estate segment. The next year will indicate whether the company can expand its model and capture wider market adoption.
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