
Zak
Zak is a technology company.
Financial History
Zak has raised $15.0M across 1 funding round.
Frequently Asked Questions
How much funding has Zak raised?
Zak has raised $15.0M in total across 1 funding round.

Zak is a technology company.
Zak has raised $15.0M across 1 funding round.
Zak has raised $15.0M in total across 1 funding round.
ZAK Solutions for Computer Systems is a Kuwait-based IT services company specializing in secure, business-aligned solutions including project management, consultancy, implementation, and after-sales support. It serves over 500 clients across diverse sectors with a team of more than 1,200 professionals, enabling businesses to focus on core operations while delivering managed IT services.[1][2][3] With annual revenues around $15.8 million in 2025 primarily from government contracts, the firm emphasizes innovation, reliability, and customer satisfaction as a regional market leader.[2]
Its mission centers on providing high-quality IT and business process services that add value to clients' businesses, underpinned by a vision of mutual success with customers.[1]
ZAK Solutions branched out from Zaid Al-Kazemi Sons Trading & Contracting Company (ZAK), established in 1976 as a trading and contracting entity in Kuwait.[1][2][3] Over 49 years, it evolved into a technology-focused firm, executing major projects worth over 17 million KD in recent years and building a reputation for teamwork, rapid response, and efficiency.[1][3]
Leadership drives this evolution: Chairman Mr. Jaber Usamah Zaid AlKazemi has made the company essential to customer success, while Vice Chairman & Managing Director Mr. Ashraf Fathy AbulKhair pursues ambitious growth.[1]
ZAK Solutions rides the wave of increasing demand for secure IT services in Kuwait and the Gulf region, where government digitization and business process outsourcing are accelerating.[2] Timing aligns with regional market forces like public sector tenders and IT infrastructure needs, positioning it as a stable partner amid economic diversification efforts.[2] By serving diverse industries and maintaining organic growth, it influences the ecosystem through reliable execution, technology partnerships, and enabling client focus on non-IT priorities, contributing to Kuwait's tech maturity.[1][3]
ZAK Solutions is poised for sustained expansion through government contracts and service diversification, potentially scaling revenues beyond $15.8 million via deeper regional penetration and partnerships.[2] Trends like cloud adoption, cybersecurity demands, and AI-integrated IT services will shape its path, favoring its established network and expertise.[1][2][4] Its influence may evolve from local executor to broader Gulf innovator, reinforcing its foundational role in Kuwait's tech ecosystem as a dependable, value-adding force.[1][3]
Zak has raised $15.0M in total across 1 funding round.
Zak's investors include 20VC, 9Yards Capital, Kevin Hartz, Addition, Afore Capital, Andreessen Horowitz, Buckley Ventures, Cedar Capital Group, Force Over Mass Capital, Index Ventures, Kaszek Ventures, Khosla Ventures.
Zak has raised $15.0M across 1 funding round. Most recently, it raised $15.0M Series A in November 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Nov 1, 2021 | $15.0M Series A | 20VC, 9Yards Capital, Kevin Hartz, Addition, Afore Capital, Andreessen Horowitz, Buckley Ventures, Cedar Capital Group, Force Over Mass Capital, Index Ventures, Kaszek Ventures, Khosla Ventures, Latitud, monashees, NXTP Ventures, SciFi VC, Section 32, Biz Stone, Karim Atiyeh, Martin Varsavsky, Philippe Teixeira da Mota, William Hockey |