Managing Director/Venture Develpment Lead

Supertech Group; Saudi Arabia; On-site; SAR 300,000 - 400,000; Full time

Job summary

A leading venture management company in Saudi Arabia is seeking a skilled professional to lead business development for a new product venture. The ideal candidate will possess experience in venture building and investment management, with strong analytical and communication skills. This role involves refining business strategies, preparing financial projections, and engaging with investors. Competitive compensation and incentives are offered based on performance.

Qualifications

• Proven experience in venture building, business development, or investment management.
• Strong understanding of startup ecosystems and funding processes.
• Success in preparing and pitching investor-ready reports and presentations.

Responsibilities

• Develop and refine the business model and market entry strategy.
• Conduct market and competitive research for product validation.
• Prepare financial projections and business plans for funding.

Skills

Business development

Analytical skills

Investor pitching

Communication skills

Negotiation skills

Education

Bachelor’s degree in Business, Finance, Economics, or Entrepreneurship

Job description

Do you want to love what you do at work? Do you want to make a difference, an impact, transform people’s lives? Do you want to work with a team that believes in disrupting the normal, boring, and average? If yes, then this is the job you’re looking for.

UXBERT Labs is one of the best digital and user experience design agencies in the GCC working with the biggest regional and international brands such as STC, Amazon, Gucci and more. UXBERT Labs is part of the Supertech Group also consisting of Hala Yalla, Saudi’s #1 private event ticketing and experience booking platform, and Kafu Games, the largest esports tournament platform in MENA.

Key Responsibilities

• Develop and refine the business model, market entry strategy, and commercial roadmap for the new product venture.
• Conduct market and competitive research to validate product-market fit and identify growth opportunities.
• Prepare detailed financial projections, investor decks, and business plans to attract funding.
• Identify, approach, and engage with investors, incubators, accelerators, and strategic partners.
• Lead all efforts related to fundraising, including grant applications, venture capital outreach, and government programs.
• Collaborate with internal teams (product, tech, design) to align execution with business goals.
• Build and manage early partnerships, pilots, or client relationships to demonstrate traction.
• Report progress, financials, and funding milestones directly to executive leadership.
• Once funding is secured, lead the hiring and formation of a dedicated venture team, ensuring the right talent mix for growth and execution.

Compensation

• Competitive base salary + performance-based incentives.
• Equity or profit-sharing options may be offered based on funding success and business milestones.

Qualifications

• Proven experience in venture building, business development, or investment management.
• Strong understanding of startup ecosystems, funding processes, and commercialization strategies.
• Demonstrated success in preparing and pitching investor-ready reports, proposals, and presentations.
• Excellent analytical skills with the ability to interpret market and financial data.
• Exceptional communication, marketing and negotiation skills, with the ability to articulate value propositions clearly to investors and partners.
• Bachelor’s degree in Business, Finance, Economics, or Entrepreneurship (MBA preferred).

Ideal Candidate Profile

• Entrepreneurial and self-motivated; thrives in an unstructured, high-ownership environment.
• A strategic thinker with the ability to connect product potential to real market and financial value.
• Well-connected with investor networks, incubators, and innovation ecosystems.
• Comfortable leading across strategy, operations, and fundraising.