Riyadh – Sharikat Mubasher: Kamco Invest announced that its private equity team has acquired a stake in Unifonic, a leading customer engagement platform and SaaS provider in the MENA region, on behalf of its clients.
The deal aligns with Kamco Invest’s strategy of offering clients access to high-value opportunities in the region’s fast-growing tech sector and expanding its presence in the Gulf’s digital ecosystem, as per a recent press release.
Founded in 2006, Unifonic supports over 1,700 businesses and processes more than 10 billion annual transactions across multiple channels. The company serves key sectors including banking, government, healthcare, retail, and logistics, with a particularly strong presence in Saudi Arabia—the region’s most active tech market.
Unifonic has raised $140 million to date from prominent investors such as Sanabil Investments, SoftBank, STV, SVC, and Raed Ventures, and is reportedly preparing for an IPO on Tadawul within the next two years.
Dalal Jamal Al Shaya, Director of Private Equity at Kamco Invest, said the investment reflects confidence in Unifonic’s fundamentals and management team, noting that the company “has evolved into a true regional technology champion.”
Ahmad Hamdan, Unifonic’s Co-Founder and CEO, welcomed Kamco Invest’s participation, expressing optimism about the company’s path to becoming a unicorn ahead of its planned IPO.
