The Team
Behind Exel
Exel's team brings together visionary investors, accomplished entrepreneurs, and seasoned professionals from across finance, technology, and strategy.
Collectively, they represent decades of experience in building companies, managing investments, and advancing innovation across Saudi Arabia and beyond.
United by a belief in the Kingdom’s potential as a global center for technology and economic transformation, the team drives Exel’s mission to accelerate growth, empower founders, and deliver long-term value in alignment with Vision 2030.
/ Team Members
/ Backed by
Merak Capital
Merak Capital is an investment firm focused on technology opportunities across multiple stages and industries.
Merak is built on deep technology research and understanding, staying at the forefront of digital trends, and finding investment opportunities that are aligned with adoption cycles from different sectors, locally, regionally, and globally.
The firm aims to partner with the builders of tomorrow in leading technological transformations, unlocking new markets and opportunities for growth, where innovation, fueled by the entrepreneurial spirit, shapes our future. Merak specializes in alternative asset classes such as venture capital, private equity, credit financing, and special projects.
The firm is licensed by the Capital Market Authority of Saudi Arabia and was founded in 2018 by Saudi nationals with extensive experience in technology and investments.
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