Deals › Pipeline › Swiitch
SW

Swiitch

Sourced
KSA · Kuwait · Consumer · re-commerce · Incubayt · direct
Capiva thesis · recommendation, you decide Capiva score 75.0 · CONDITIONAL PROCEED. Mandate hard-pass on the facts in this company's deal folder (config/mandate.yaml); you decide.
● scored
Capiva score · mandate hard-pass (config/mandate.yaml) on deal-folder facts; missing checks omitted

Signal read

DimensionScoreEvidenceConfidence
50Named in the documents: Abdulrahman Al Munaifi (Co-founder, CEO), Hamad Al Zemami (Co-founder).● Computed
50Founders named; no team list or org chart is on file.● Computed
75Geography: KSA · Kuwait.● Computed
80Social exchange app where users barter or sell items and services, launched in KSA in 2022.● Computed
60Downloads since Jan 2022: 13K+ (self-reported).● Computed
From the data room

Traction & metrics

Downloads since Jan 202213K+self-reported · Aug 2022
Sign-ups since Jan 202210K+self-reported · Aug 2022
2 named in the documents

Founders

AAAbdulrahman Al MunaifiCo-founder, CEO
HAHamad Al ZemamiCo-founder
● 50 founder
From the documents

Watch-items · 1

CheckDeck dated August 2022; no later information in the data room.source cited
Raise

The round

RoundNot named
Raising$1.50mm · SAFE
ValuationNot stated
As ofAug 2022
RegionKSA · Kuwait
Incubayt Investments Ltd

Our position

OpportunitySourced · direct
RoleNot set
Proposed checkNot set
Added28 Oct 2026 · Incubayt
How it reached Incubayt

Access path

● No Incubayt contact on file
Google Drive · Swiitch · Pitch deck (Aug 2022)
Google Drive

Data roomThe company's folder in Incubayt's Drive. Capiva reads what it may and cites every figure; sensitive files are withheld.

Stage · Sourced

Next step

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