Saudi HR tech startup Scalers raises SR2m in seed round

The team behind Scalers, including Mohammed Alsaeed and Faysal Alghethber. The company aims to bridge the gap between traditional education and job skills.
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Updated 13 September 2021
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Saudi HR tech startup Scalers raises SR2m in seed round

Scalers, an online competency-based learning and placement company, has raised SR2 million ($533,000) in a seed round funded by angel investors from both the recruitment and talent development world. Founded last year by Mohammed Alsaeed and Faysal Alghethber, the company is working to bridge the gap between traditional education and the skills required by employers.
Scalers identifies Saudis with potential talent in sales and business development, trains them in best practices via world-class instructors, then connects them to employers both within and outside its network. The funds will be used to expand the team, allowing Scalers to increase the number of Saudis it can train, the number of hiring businesses it can support, and the breadth of training subjects it offers.
Scalers provides a one-stop shop for Saudi talents to enter the job market. With just one application, they get the opportunity to learn and practice with market leaders, expand their network, and accelerate the hiring process through direct access to preselected employers. Participants pay the full amount of the program only if they accept a job.

We’re on a mission to ensure that young talents are ready for their dream jobs.

Mohammed Alsaeed, Co-founder and CEO of Scalers

Hiring employers are increasingly joining Scalers’ network due to the time saved during the hiring process, access to pre-trained Saudi talent, and a risk-free model where they only pay if they hire the right candidate. Additionally, Scalers offers an “enhance existing workforce” program that allows employers to enroll current employees in Scalers’ training programs to upskill them in client-facing roles, such as sales and business development.
Co-founder and CEO Alsaeed said: “We’re thrilled to have our advisers and angels investing in the team and mission. There is a large market opportunity, as over 300,000 Saudis graduate each year, yet with double-digit unemployment rates,  many are in need of additional market-based training that will help them fill the millions of Saudi private sector jobs expected to be created through Vision 2030. Competency-based learning, which has been growing 18 percent annually, can help fill this gap. We’re on a mission to ensure that young talents are ready for their dream jobs.”
Co-founder and COO Alghethber added: “What we’ve seen in terms of the success of our graduates has been nothing short of inspiring. Young talents have come to Scalers to learn, and in some cases, receive offers from companies that they were rejected from just a few months prior. We’re not just finding solutions to address how today’s generation learns, but also how today’s companies hire.”
Scalers aims to continue to grow its network of candidate sourcing partners and hiring companies and recently launched its public job listings board. Additionally, it plans to expand its training programs beyond sales and business development into other areas that are critical to Saudi employers.


Sulaiman Al-Rajhi Endowment projects worth SR8bn launched in Makkah

Updated 19 February 2026
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Sulaiman Al-Rajhi Endowment projects worth SR8bn launched in Makkah

Sulaiman Al-Rajhi Real Estate Company has announced the launch of several real estate projects belonging to the Sulaiman Al-Rajhi Endowment system in Makkah, with a total investment exceeding SR8 billion ($2.1 billion). These projects include commercial, residential, and hospitality developments, as well as strategic land plots, as part of the company’s commitment to supporting the Kingdom’s real estate sector and enhancing the quality of life in the holy city.

The announcement was made during a field tour by a delegation of high-level officials including Saleh Al-Rasheed, CEO of the Royal Commission for Makkah City and Holy Sites; Ihsan Bafakih, chairman of the board of directors of Sulaiman bin Abdulaziz Al-Rajhi Holding Company; Haitham Al-Fayez, chairman of Sulaiman Al-Rajhi Real Estate Company and CEO of Sulaiman Al-Rajhi Holding Company; Moath Al-Mukhudub, managing director and CEO of Sulaiman Al-Rajhi Real Estate Company; and Anas Mansour Abadi, CEO of real estate at Sulaiman Al-Rajhi Holding Company and representative of the Sulaiman Al-Rajhi Endowment, alongside members of the board of directors of both the holding and real estate companies and the executive team.

The tour included the launch of the Tilal Towers project, with an investment value of SR2 billion, featuring more than 2,500 hotel rooms, strengthening the hospitality sector in Makkah.

The delegation also visited the Tilal Village project, valued at SR2.8 billion. It is one of the prominent qualitative projects within the hospitality ecosystem in Makkah.

Furthermore, the visit covered the residential buildings within Tilal Village, comprising 828 units, with an investment of SR800 million. The delegation inspected the specialized hospital, medical complex housing, and the office and commercial plazas.

During the tour, a contract was signed for the Al-Rajhi Center project, valued at SR250 million, as part of a comprehensive rehabilitation plan.

The inspection also included the Al-Ukayshiyyah land, spanning 4 million square meters, and the Al-Ghazzawi project land, valued at SR250 million.

The tour concluded with prayers at the Aisha Al-Rajhi Mosque, the second-largest mosque in Makkah after the Grand Mosque, with a capacity for 50,000 worshippers.

This visit underscores the importance of these investments, which represent a clear direction toward enhancing the management of the endowment’s assets through diversification, redevelopment, and strategic expansion, in line with the development goals of the Makkah city and Saudi Vision 2030.

Sulaiman Al-Rajhi Real Estate, a subsidiary of Sulaiman bin Abdulaziz Al-Rajhi Holding Company, continues to provide innovative solutions to elevate the real estate sector to international standards.