500 Global, established in 2010, is a global venture capital firm with over $2.4 billion in assets under management. Based in Mountain View, California, with offices worldwide, the firm invests in early-stage technology companies across 80+ countries. 500 Global focuses on markets where technology and innovation can drive long-term value and economic growth. The firm's investment portfolio spans diverse sectors such as biotech, fintech, internet, and consumer services, with a preference for companies generating at least $100,000 in monthly revenue. 500 Global offers a four-month accelerator program, providing startups with funding, mentorship, and connections to renowned investors. The firm has invested in over 2,800 companies, including 35 unicorns, and has a team of over 190 members based in 25 countries.
814 Mission Street, 6th Floor San Francisco, CA, 94103
Clayton Bryan
Partner
Shawn Chu
Principal
Itali Pedroni Collini
Director 500 Startups Brazil
Nicholas Davison
Director
Cecilia Ezquerro
Portfolio Director
Laila Hassan
Venture Partner
Enis Hulli
General Partner, Istanbul
Eunhye Kim
Investment Associate
Khailee Ng
Managing Partner
René Lomelí Ojeda
Operations Director
Pahrada Sapprasert
Partner
Pedro Vieira Ph.D
Partner
Tony Wang
Managing Partner
Yingjie Wang
Investor
Past deals in MENA
SkinSeoul
Seed Round in 2025
SkinSeoul is a cross-border e-commerce company specializing in Korean skincare products. It uses AI-driven technology to manage inventory and marketing, offering a wide range of authentic K-beauty products to global customers. The company, led by industry experts, operates an online retail platform that caters to major markets such as the U.S., Southeast Asia, and the Middle East.
Rabbit
Venture Round in 2024
Rabbit is a micro-mobility sharing platform focused on providing eco-friendly transportation solutions for short distances. The company offers a range of vehicles, including standing electric scooters and standard bicycles, with an application that facilitates easy rentals. Users can access the service through a QR code located on the scooter’s handlebar, allowing them to unlock the vehicle conveniently. The platform supports flexible leasing options, enabling users to rent scooters by the minute or choose day-rental alternatives. By promoting environmentally friendly transportation, Rabbit aims to enhance urban living and improve commuting experiences in Egypt.
Mile Solutions
Seed Round in 2024
Mile Solutions is a provider of supply chain management software designed for small and medium-sized businesses, focusing on enhancing logistics operations from the first to the last mile. Founded in 2016 and based in Dubai, United Arab Emirates, the company offers a comprehensive SaaS platform that integrates logistics and commerce processes. Its software includes features for fleet management, warehouse management, and order fulfillment, utilizing real-time geo-aware data, IoT technologies, and advanced AI and machine learning algorithms. Mile Solutions serves various sectors, including eCommerce, retail, and courier services, with implementations across ten MENA markets and beyond. By facilitating seamless communication and integrated workflows, Mile Solutions aims to improve operational efficiency, transparency, and customer engagement within the logistics value chain.
Socialee
Pre Seed Round in 2023
Socialee, established in 2023, is a Dubai-based video commerce platform operating in the UAE and KSA. It connects brands, content creators, and consumers by facilitating honest product reviews. Users can shop through authentic video reviews from fellow shoppers and creators, who earn based on the credibility of their reviews. The platform serves as a single destination for discovering and learning about products through shoppable videos, providing real reviews from real people and beauty experts.
Spare
Seed Round in 2023
Spare is a micro-savings application that offers tools for account information and payment initiation, aimed at enhancing financial product development. By leveraging open banking technology, Spare enables access to transaction data and personal account information, such as account names and balances, from various financial institutions. This functionality allows developers to create customized checkout experiences, facilitating improved financial management for users.
DESAISIV
Pre Seed Round in 2023
DESAISIV is a MENA-based InsurTech startup that specializes in transforming health insurance through advanced artificial intelligence solutions. In collaboration with machine learning experts from the University of Oxford, DESAISIV places AI at the core of its operations. This approach enables the company to offer optimized insurance policies tailored to the specific needs of groups and small to medium-sized enterprises (SMEs). By leveraging a comprehensive database of hundreds of millions of patient records, DESAISIV has achieved an average prediction accuracy exceeding 95%, with a goal to surpass 99% accuracy. The company's AI-driven platform streamlines various aspects of health insurance, automating underwriting, customizing policy benefits and coverage, enhancing service quality by predicting diseases, identifying high-risk behaviors, and reducing customer attrition. Through these innovations, DESAISIV aims to provide data-driven decisions that enhance the operational efficiency of healthcare and insurance providers.
Qardy
Venture Round in 2023
Qardy specializes in providing a wide range of financial services tailored for micro, small, and medium-sized enterprises (SMEs), particularly in the Middle Eastern and North African (MENA) region. The company offers solutions such as factoring, leasing, and both long-term and short-term loans, aiming to empower SMEs and promote financial inclusion. By utilizing a digital platform, Qardy simplifies access to financing for businesses that encounter difficulties in obtaining traditional loans, thereby addressing the loan financing gap and ensuring that funding is accessible and aligned with the unique requirements of these enterprises.
Floward
Series C in 2023
Floward is an online flower and gifts eCommerce platform that offers a diverse selection of products, including flowers, cakes, balloons, and chocolate boxes, tailored for various occasions such as birthdays, anniversaries, and weddings. The company provides same-day delivery services sourced from both local and international brands, ensuring timely service for its customers. Floward has experienced aggressive expansion, currently operating in 36 cities across nine countries in the MENA region and the United Kingdom. In December 2020, it marked its first venture outside the Middle East by launching its platform in London, further broadening its reach and enhancing its service offerings.
VOO
Seed Round in 2022
- VOO ( www.getvoo.com ) is an End-to-end courier management platform empowering e-commerce businesses in the MENA region - One API Integration connects businesses to a large network of national and international shipping providers from a single dashboard
Qashio
Seed Round in 2022
Qashio is a spend management platform based in Dubai, founded in 2021. It provides businesses with a comprehensive solution for monitoring costs, making payments, and handling payables through the use of physical and virtual cards. Users can create customized cards, allocate budgets, control employee spending, and set approval layers, all while tracking card usage and analyzing expenditures in real time. By automating expense reporting and enhancing visibility and control over cash flows, Qashio aims to simplify company spending management and eliminate outdated manual processes, ultimately saving time and reducing petty cash leakage for organizations.
Bonpara
Seed Round in 2022
Bonpara is a technology company based in Istanbul, Turkey, that specializes in electronic commerce solutions for Turkey and Azerbaijan. Founded in 2020, Bonpara provides a comprehensive digital platform that enables businesses to establish and manage online stores efficiently. Its offerings include various tools and integrations, such as payment gateways, shipping options, and marketing analytics, aimed at enhancing sales and customer engagement. The company also develops its own loyalty program for online shoppers, which can be adapted by third-party companies through its White Label solutions. Formerly known as Bonaz Ltd Sti., Bonpara rebranded in May 2022 to reflect its evolving business focus.
ZenHR
Venture Round in 2022
ZenHR is a cloud-based human resources management system based in Amman, Jordan, with additional offices in Dubai and Riyadh. Founded in 2016, the company focuses on the Middle East and North Africa, providing a comprehensive suite of HR solutions tailored to local labor laws, expat regulations, and tax requirements. ZenHR's software includes features such as onboarding and offboarding, attendance and time tracking, payroll, performance evaluation, and employee self-service tools. By streamlining HR processes, ZenHR aims to enhance the experience for both HR departments and employees, facilitating a seamless transition from recruitment to retirement. The platform serves a range of clients, from small and medium-sized enterprises to larger organizations, positioning itself as a leader in the B2B HR SaaS market in the region.
IMAN
Venture Round in 2022
IMAN is a Halal financial super app founded in 2019 and based in Tashkent, Uzbekistan. It aims to provide ethical investment and funding options that align with Islamic beliefs, catering to the financial needs of the 700 million young, digitally connected Muslims worldwide who often find traditional banking solutions inadequate. The platform offers a halal buy-now-pay-later (BNPL) solution through its PAY and MERCHANT applications, enabling retailers to increase sales while allowing consumers to make purchases and pay in halal monthly installments. These installment sales are financed by investors seeking attractive halal profits through the INVEST application. Additionally, IMAN specializes in Banking-as-a-Service (BaaS), providing a portable banking architecture that integrates its innovative products into existing bank frameworks. With a current focus on Uzbekistan, IMAN plans to expand into the MENAPT region, aspiring to become a leading Halal financial solution provider in MENA and Asia.
El-Dokan
Pre Seed Round in 2022
El-Dokan is a pioneering enterprise eCommerce software provider tailored for large and expanding retail stores in the MENA region. The company specializes in developing comprehensive software solutions that optimize operations and enhance sales conversion for its clients. By offering end-to-end software and web application development, El-Dokan enables retail businesses to streamline their processes, allowing them to concentrate on their core activities. With a focus on improving operational efficiency and driving sales, El-Dokan positions itself as a vital partner for retail enterprises looking to thrive in a competitive market.
Mod5r
Pre Seed Round in 2022
Mod5r is a Saudi-owned innovative application focused on simplifying financial management for users. It provides a comprehensive platform that assists individuals in budgeting, tracking spending, and managing earnings with ease. By integrating various financial transactions into a single application, Mod5r offers features that streamline essential financial tasks, making saving a habit and budgeting a core practice. Users can set personal financial goals, link their bank accounts, and access a range of financial products for comparison and selection. The platform also enables users to monitor their financial growth, empowering them to make informed decisions about their finances. Ultimately, Mod5r aims to reduce financial stress and help users achieve their financial objectives.
Noon Academy
Venture Round in 2022
Noon Academy operates an online learning platform that focuses on enhancing educational experiences for students in the Middle East. Founded in 2013 and headquartered in Riyadh, Saudi Arabia, with offices in Cairo, Egypt, and Bengaluru, India, the platform has successfully taught 12 million students. It offers a blend of free educational content and tutoring services, allowing students to study collaboratively in groups, compete with peers, and request on-demand tutoring. The platform is designed to prepare students for various examinations, including general aptitude and achievement tests. Additionally, Noon Academy supports teachers by enabling them to build followings and earn income based on their performance and student feedback. By integrating elements of peer-to-peer learning and advanced technology, Noon Academy aims to provide equitable access to high-quality education for every student.
Rabbit
Venture Round in 2022
Rabbit is a micro-mobility sharing platform focused on providing eco-friendly transportation solutions for short distances. The company offers a range of vehicles, including standing electric scooters and standard bicycles, with an application that facilitates easy rentals. Users can access the service through a QR code located on the scooter’s handlebar, allowing them to unlock the vehicle conveniently. The platform supports flexible leasing options, enabling users to rent scooters by the minute or choose day-rental alternatives. By promoting environmentally friendly transportation, Rabbit aims to enhance urban living and improve commuting experiences in Egypt.
Drahim
Pre Seed Round in 2022
Drahim is a financial technology company based in Riyadh, Saudi Arabia, that offers a digital platform for managing personal finances. The platform functions as a personal budgeting application, allowing users to track their financial transactions and manage multiple accounts from a single interface. By analyzing users' financial habits, Drahim customizes budgeting plans according to spending categories and helps schedule recurring financial operations. Additionally, it provides tailored recommendations for saving money and offers features for auto-investing, enabling users to grow their wealth effectively.
Countd
Pre Seed Round in 2022
Countd is an online platform based in Dubai, United Arab Emirates, that specializes in creating and delivering personalized meal plans. The platform empowers users to adopt healthier eating habits, lose weight, and achieve wellness goals through its fitness application. It offers wellness and nutrition coaching, health monitoring, and the ability to filter meals by diet type, calorie counts, and macronutrient profiles. Users can select meals that align with their dietary preferences, while the application sources options from nearby healthy food restaurants. Countd provides access to meal plans designed by nutritionists, facilitating a path to healthier living.
AMUSED
Pre Seed Round in 2022
AMUSED Co is a Saudi Arabian online shopping platform that connects buyers and sellers of authenticated preowned luxury fashion. It specializes in preloved luxury items, offering a curated inventory that includes handbags, shoes, accessories, and jewelry. The platform features unique pieces, including rare, discontinued, and limited edition items, allowing shoppers to access exclusive luxury goods at competitive prices. By focusing on preloved fashion, AMUSED Co promotes sustainable shopping practices while catering to a growing market of consumers seeking high-quality luxury items with a conscience.
Siolla.
Pre Seed Round in 2022
Siolla develops an online platform that facilitates micro-investing, allowing users to invest small amounts of money, often sourced from spare change. Based in Dubai, United Arab Emirates, the platform is designed to simplify the investment process and enable users to manage their finances effectively. By providing access to diversified investment options such as index funds and exchange-traded funds (ETFs), Siolla aims to help individuals secure their financial futures while also promoting responsible budgeting practices.
Retailo
Series A in 2022
Retailo is an online B2B marketplace focused on digitizing the retail supply chain in the MENAP region. Founded in July 2020 by former Careem executives, the company is headquartered in Riyadh, Saudi Arabia. Retailo has rapidly emerged as a leading startup, serving over 35,000 active retailers who can access more than 2,000 stock-keeping units (SKUs) through its app, with deliveries made within 24 hours of order placement. The company operates multiple warehouses across various cities in the MENAP region, managing a vast inventory from hundreds of brands, including direct partners. With a workforce of over 500 employees, Retailo processes tens of thousands of orders each month. Its mission is to simplify retail operations and enhance supply chain accessibility, aiming to unlock the earning potential of 10 million small and medium-sized enterprise retailers across the region and contribute to the overall economic growth.
Lucidya
Series B in 2022
Lucidya, LLC is a software as a service (SaaS) company specializing in social media monitoring and analytics. Founded in 2015 and headquartered in Jeddah, Saudi Arabia, Lucidya offers a platform that enables organizations to detect and analyze social media trends, track hashtags, and access brand statistics through an interactive dashboard. It provides features such as real-time alerts, automated reporting, competitive analysis, and benchmarking. The company's unique AI and Arabic natural language processing technologies allow for accurate analysis of interactions in the Arabic language, positioning it as a leading tool in the MENA region. Lucidya serves a diverse clientele, including agencies, brands, non-profit organizations, and media entities, and has expanded its reach beyond Saudi Arabia to over six countries, catering to various industries such as telecommunications, banking, automotive, and retail.
Englease
Seed Round in 2021
Englease is an online educational platform that offers live, accredited English classes tailored for the MENA region. It specializes in preparing users for English proficiency tests such as IELTS and TOEFL. The platform provides one-to-one sessions, allowing users to monitor their progress, reinforce their learning, and evaluate their future educational needs. By focusing on personalized learning experiences, Englease aims to enhance users' English fluency and overall language skills.
Tamatem
Series B in 2021
Tamatem Inc. is a mobile gaming studio and publishing company based in Amman, Jordan, with an additional office in Mountain View, California. Founded in 2013, Tamatem specializes in developing and localizing mobile games for Arabic-speaking smartphone users. The company collaborates with international studios to adapt games, ensuring they resonate culturally and linguistically with the Arabic audience. Tamatem's portfolio includes various genres, such as racing, RPG-MMO, strategy, puzzle, and trivia games. With a focus on user acquisition, distribution, and monetization, Tamatem has successfully published 40 games that have garnered over 50 million downloads. The company is recognized for its expertise in making games relevant to the regional market, enhancing their potential for success.
Retailo
Seed Round in 2021
Retailo is an online B2B marketplace focused on digitizing the retail supply chain in the MENAP region. Founded in July 2020 by former Careem executives, the company is headquartered in Riyadh, Saudi Arabia. Retailo has rapidly emerged as a leading startup, serving over 35,000 active retailers who can access more than 2,000 stock-keeping units (SKUs) through its app, with deliveries made within 24 hours of order placement. The company operates multiple warehouses across various cities in the MENAP region, managing a vast inventory from hundreds of brands, including direct partners. With a workforce of over 500 employees, Retailo processes tens of thousands of orders each month. Its mission is to simplify retail operations and enhance supply chain accessibility, aiming to unlock the earning potential of 10 million small and medium-sized enterprise retailers across the region and contribute to the overall economic growth.
Nuqtah NFT
Pre Seed Round in 2021
Pioneering NFT's in the Saudi Arabia with Nuqtah's NFT creative marketplace, with a goal to value the creative economy at the pedestal it should be at.
Hala
Series A in 2021
Addenda LTD, established in 2018 and headquartered in Dubai, United Arab Emirates, specializes in providing blockchain-based distributed ledger technology (DLT) services to the insurance industry. The company streamlines insurance processes, enables real-time task reporting, and securely records claim and policy data onto the blockchain for enhanced transparency and security. Additionally, Addenda offers data input validation and analysis services. In 2020, Addenda launched Hala Insurance, an insurtech startup aiming to provide affordable, quick, and online car and home insurance to the 500 million people living in the Middle East and North Africa (MENA) region, thereby disrupting the traditional insurance industry.
Justmop
Venture Round in 2021
Justmop.com DMCC operates an online platform that enables users to book a variety of cleaning services conveniently. Founded in 2014 and based in Dubai, United Arab Emirates, Justmop offers services including maid services, deep cleaning, housekeeping, and specialized cleaning such as carpet, mattress, and sofa cleaning. The platform allows customers to book, pay for, and rate services seamlessly, connecting them with cleaning companies and ensuring high-quality service delivery. Justmop aims to facilitate efficient booking for customers while helping its partner cleaning companies maximize their business opportunities.
Elmetr inc. (500 startups portfolio company)
Venture Round in 2021
Elmetr Inc. operates an online legal platform aimed at connecting users in Egypt and the Middle East with suitable lawyers for various legal needs, including family law, commercial law, criminal law, and administrative judiciary matters. By providing a comprehensive lead-generation hub for legal professionals, Elmetr enhances transparency in legal case handling and facilitates improved client reviews. The platform features detailed lawyer profiles, enabling better specialization and sub-specialization within the legal field. Additionally, it streamlines case management, billing, and client interactions, ultimately increasing the reach of law offices and elevating the quality of legal services available to clients.
Hala
Venture Round in 2021
Addenda LTD, established in 2018 and headquartered in Dubai, United Arab Emirates, specializes in providing blockchain-based distributed ledger technology (DLT) services to the insurance industry. The company streamlines insurance processes, enables real-time task reporting, and securely records claim and policy data onto the blockchain for enhanced transparency and security. Additionally, Addenda offers data input validation and analysis services. In 2020, Addenda launched Hala Insurance, an insurtech startup aiming to provide affordable, quick, and online car and home insurance to the 500 million people living in the Middle East and North Africa (MENA) region, thereby disrupting the traditional insurance industry.
Tenex
Venture Round in 2021
Tenex is a software-as-a-service (SaaS) platform founded in 2020 and based in Dubai, UAE. The company focuses on enhancing the operations of property managers through a tenant engagement platform that optimizes the commercial real estate experience. By providing technology-enabled services, Tenex supports property managers and landlords in effectively managing their properties and delivering high-quality services to tenants.
Mercheese
Venture Round in 2021
Mercheese is an online platform based in Amman, Jordan, established in 2019. It specializes in print-on-demand services, enabling graphic designers and influencers to create and sell their merchandise online. By providing a streamlined process for content creators to launch their clothing brands, Mercheese facilitates the sale of custom apparel, allowing users to focus on their designs while the company handles production and fulfillment.
El-Dokan
Venture Round in 2021
El-Dokan is a pioneering enterprise eCommerce software provider tailored for large and expanding retail stores in the MENA region. The company specializes in developing comprehensive software solutions that optimize operations and enhance sales conversion for its clients. By offering end-to-end software and web application development, El-Dokan enables retail businesses to streamline their processes, allowing them to concentrate on their core activities. With a focus on improving operational efficiency and driving sales, El-Dokan positions itself as a vital partner for retail enterprises looking to thrive in a competitive market.
ShipCash
Venture Round in 2021
ShipCash specializes in integrated logistics and financial solutions. The company is based in Amman, Jordan.
Gathern
Series A in 2021
Gathern operates a vacation rental marketplace based in Riyadh, Saudi Arabia, founded in 2016. The platform enables users to easily book a diverse range of accommodations, including villas, chalets, apartments, farms, caravans, desert cottages, and campsites. Gathern allows property owners to list their rentals directly without the need for a rental license, providing a hassle-free way for hosts to monetize their properties. The service caters to travelers and adventure seekers looking for convenient and varied lodging options.
Lendo
Series A in 2021
Lendo is an alternative lending marketplace that helps digitally finance small and medium-sized enterprises (SMEs) in Saudi Arabia. Lendo was granted the first Crowdlending (debt financing) licensed in Saudi Arabia, and received the Excellence in Finance Leaders Award from FiNext Awards. Lendo’s products and solutions make everyday business activities easier, more secure, and more efficient for both investors and borrowers alike.
Lifemote
Venture Round in 2021
Lifemote provides an AI-driven SaaS platform that enhances the home broadband experience by offering advanced Wi-Fi analytics to Internet Service Providers (ISPs). The platform detects and resolves network issues proactively, preventing customer complaints before they arise. It features a Support Center view for first-line support that highlights issues and suggests straightforward follow-up actions, addressing problems such as misplaced repeaters, legacy client devices, and inadequate coverage. Additionally, Lifemote offers a topology view for agents to identify and troubleshoot issues effectively. Currently, the solution is implemented with ISPs in Norway and Turkey, with plans for deployment in Finland.
Elmetr inc. (500 startups portfolio company)
Pre Seed Round in 2021
Elmetr Inc. operates an online legal platform aimed at connecting users in Egypt and the Middle East with suitable lawyers for various legal needs, including family law, commercial law, criminal law, and administrative judiciary matters. By providing a comprehensive lead-generation hub for legal professionals, Elmetr enhances transparency in legal case handling and facilitates improved client reviews. The platform features detailed lawyer profiles, enabling better specialization and sub-specialization within the legal field. Additionally, it streamlines case management, billing, and client interactions, ultimately increasing the reach of law offices and elevating the quality of legal services available to clients.
XCUTE
Seed Round in 2020
XCUTE operates a freelancing platform designed to connect small business owners in Saudi Arabia with a network of skilled digital media freelancers. The platform focuses on key areas such as design, motion graphics, digital marketing, copywriting, and translation. By leveraging a proprietary algorithm, XCUTE effectively matches clients with freelancers based on industry expertise, regional knowledge, and specific project requirements. Unlike traditional freelancing platforms, which often lack guidance and vetting processes, XCUTE employs a rigorous multi-stage filtration system to ensure that only the most qualified freelancers, knowledgeable about the MENA region's unique market dynamics, are available to clients. This focus on quality and regional expertise addresses the growing demand for talent in the rapidly expanding startup scene in the area.
Progressive Generation
Venture Round in 2020
Progressive Generation is an investment entity that focuses on creative content and intellectual properties, with a particular emphasis on the Arabic language market. It operates PG Studios, an animation studio specializing in music production, 3D animation, video, and audio engineering services. The company's mission is to produce and provide leading entertainment and information content, aiming to develop innovative and profitable animated digital content and related products, particularly in the Middle East and North Africa (MENA) region.
Retailo
Pre Seed Round in 2020
Retailo is an online B2B marketplace focused on digitizing the retail supply chain in the MENAP region. Founded in July 2020 by former Careem executives, the company is headquartered in Riyadh, Saudi Arabia. Retailo has rapidly emerged as a leading startup, serving over 35,000 active retailers who can access more than 2,000 stock-keeping units (SKUs) through its app, with deliveries made within 24 hours of order placement. The company operates multiple warehouses across various cities in the MENAP region, managing a vast inventory from hundreds of brands, including direct partners. With a workforce of over 500 employees, Retailo processes tens of thousands of orders each month. Its mission is to simplify retail operations and enhance supply chain accessibility, aiming to unlock the earning potential of 10 million small and medium-sized enterprise retailers across the region and contribute to the overall economic growth.
Retailo
Pre Seed Round in 2020
Retailo is an online B2B marketplace focused on digitizing the retail supply chain in the MENAP region. Founded in July 2020 by former Careem executives, the company is headquartered in Riyadh, Saudi Arabia. Retailo has rapidly emerged as a leading startup, serving over 35,000 active retailers who can access more than 2,000 stock-keeping units (SKUs) through its app, with deliveries made within 24 hours of order placement. The company operates multiple warehouses across various cities in the MENAP region, managing a vast inventory from hundreds of brands, including direct partners. With a workforce of over 500 employees, Retailo processes tens of thousands of orders each month. Its mission is to simplify retail operations and enhance supply chain accessibility, aiming to unlock the earning potential of 10 million small and medium-sized enterprise retailers across the region and contribute to the overall economic growth.
La Reina
Seed Round in 2020
La Reina is an online fashion rental platform based in Heliopolis, Cairo, Egypt, that specializes in the rental of designer wedding and evening dresses, along with accessories. Founded in 2016, the company creates a marketplace where women can rent their evening and bridal gowns to one another. The platform features a diverse collection of designer dresses available in various sizes, allowing users to access high-quality fashion at discounted rates. This innovative approach not only promotes sustainable fashion practices but also provides an economical alternative for special occasions.
Taskty.com
Seed Round in 2020
Taskty.com is an online marketplace based in Egypt that connects users with individuals and service agencies to fulfill various short-term tasks for both home and business. Founded in 2012, the platform offers a diverse range of services, including translation, copywriting, graphic design, event photography, house maintenance, and private nursing. Additionally, Taskty provides access to a variety of household services, such as housekeeping, pest control, plumbing, carpentry, and electrical work, allowing customers to select providers based on their specific needs and budget.
Chefaa
Series A in 2020
Chefaa is a Cairo-based company founded in 2017 that operates a smart medicine application designed to streamline the process of ordering medications from local pharmacies. This GPS-enabled platform not only allows users to order medicine online but also provides features such as medication reminders, enhancing patient adherence to treatment plans. By leveraging artificial intelligence and a data-driven approach, Chefaa aims to improve the management of chronic illnesses while facilitating better accessibility and affordability for patients. The company focuses on connecting patients with pharmacies across Egypt, ensuring a comprehensive and patient-centric approach to pharmacy needs, thereby minimizing waiting times and effort involved in obtaining medications.
MWJ
Seed Round in 2020
MWJ is an online marketplace based in Abu Dhabi that specializes in buying and selling new and pre-owned luxury watches. The platform serves customers in Saudi Arabia, offering a secure environment for transactions, which includes guaranteed safe payment options. MWJ enhances the customer experience by providing a one-year free maintenance service for all types of watches and personal assistance to help clients select the right timepiece. By focusing on authenticity and customer support, MWJ aims to cater to watch enthusiasts seeking reliable and high-quality options in the luxury watch market.
Invygo
Seed Round in 2020
Invygo is the first and largest car subscription service in the MENA region, offering consumers an all-inclusive monthly subscription model through a user-friendly mobile app. Founded in 2018 in Dubai by Eslam Hussein and Pulkit Ganjoo, Invygo enables users to access passenger vehicles without the financial burdens associated with traditional car ownership. The platform allows for customizable month-to-month subscriptions, providing flexibility for users to return or upgrade their vehicles without penalties. Additionally, Invygo supports car dealers by offering a new business model that helps them generate revenue while minimizing depreciation and operational costs. Overall, Invygo aims to create accessible mobility options with a hassle-free experience for both consumers and dealers.
Brimore
Seed Round in 2020
Brimore operates a social commerce platform that connects emerging brand owners with a network of resellers. These resellers market and sell the products of these brands using social media, providing nationwide coverage for the brands. The platform uses data analytics to facilitate this connection between emerging brands and individual distributors across Egypt's 27 governorates, enabling small local manufacturers to directly reach consumers through freelance sales agents.
Tammwel
Seed Round in 2020
Tammwel is a digital financing broker the helps clients find financial offers. It was founded in Riyadh, Ar Riyad.
Source Beauty
Pre Seed Round in 2020
Source Beauty LLC is an e-commerce marketplace based in Cairo, Egypt, specializing in a wide range of beauty products. Founded in 2016, the platform features skincare, makeup, fragrances, hair care, and bath and body products, as well as detox items and health supplements. It serves as a hub for Egyptian consumers seeking informed choices in beauty, having initially started as a blog that highlighted trending products. In addition to selling products from both Egyptian and international brands, Source Beauty also offers beauty subscription boxes and fashion blogging services. The company's mission is to simplify the beauty shopping experience and empower consumers to make informed decisions about their beauty and wellness.
Telgani
Seed Round in 2020
Telgani is a car rental platform established in 2018 and headquartered in Riyadh, Saudi Arabia. The company offers an online portal and mobile application that allows customers to quickly and easily rent their preferred vehicles at competitive prices. Users can select their desired car and location, while the platform provides options to compare and book from nearby providers, enhancing the overall rental experience.
Pravica
Seed Round in 2020
Pravica, Inc. is a blockchain-based email service provider that focuses on delivering secure and private communication solutions. Founded in 2019 and based in Cairo, Egypt, the company offers a decentralized email service that encrypts all communication, preventing unauthorized access to users' data. Additionally, Pravica allows users to attach files through a high-performance network while maintaining privacy. The company's platform also facilitates cryptocurrency payments, catering to corporate clients, individuals, and freelancers. By leveraging blockchain technology, Pravica aims to empower users with greater control over their communications and financial transactions in an increasingly digital economy. The company was previously known as Dmails, LLC before rebranding in March 2020.
Yovza
Seed Round in 2020
Yovza is a software-as-a-service (SaaS) company that provides a project management platform specifically designed for construction contractors in the MENA region. The platform digitizes approval workflows, allowing stakeholders to collaborate more efficiently under a unified system. By leveraging artificial intelligence and machine learning, Yovza's solution forecasts the prices of essential building materials, such as steel and cement. This functionality helps construction professionals save significant time and costs, enhancing overall project management and operational efficiency.
Tasaira
Seed Round in 2020
Tasaira is a mobile app that helps Saudi drivers get tailored quotes from trusted repair shops.
Wee
Seed Round in 2020
Wee is an electric scooter sharing platform in Saudi Arabia.
VUZ
Series A in 2020
VUZ is a leading immersive social application that allows users to stream and engage with XR and Metaverse digital experiences featuring a high level of realism. The platform connects the physical and virtual worlds, offering the largest premium library of exclusive immersive content, with over 20,000 hours covering entertainment, sports, and various creator segments. VUZ aims to foster global connections by providing authentic immersive experiences, thereby overcoming travel, time, and access constraints for billions of users worldwide. Established in 2017, the company operates offices in Los Angeles, Dubai, and Riyadh, and its application supports live streaming of virtual sports, talk shows, music, and events, enhancing user engagement through immersive technologies.
Greenish
Seed Round in 2020
Greenish is a retail platform based in Riyadh that specializes in delivering organic food products directly to customers' doors. The company offers a wide selection of healthy and organic food options at competitive prices, making it convenient for consumers to order online. By focusing on organic food, Greenish promotes a healthy lifestyle while providing various delivery services and payment solutions to enhance the customer experience.
Mamo
Seed Round in 2020
Mamo is a fintech startup based in Dubai, UAE, specializing in payment and financial solutions for small and medium-sized enterprises (SMEs). It is the first fintech company licensed by the Dubai Financial Services Authority to provide money services, enabling it to offer a diverse range of financial services. Mamo's flagship product, Mamo Business, serves as an alternative to traditional business banking, functioning as a financial operating system tailored to the needs of SMEs. The platform incorporates essential components such as payments, spend management, and analytics, facilitating efficient financial operations. Mamo's application allows businesses to accept payments in multiple currencies, issue virtual cards, manage expenses, and integrate with e-commerce platforms. Its customer base includes a variety of sectors, including B2B service providers, tourism, healthcare, wellness, and retail, helping to streamline financial processes and enhance analysis of spending habits.
ElCoach
Seed Round in 2020
ElCoach is a fitness and nutrition application tailored for the Middle East, focusing on personalized body transformation programs. The app utilizes users' current statistics, fitness levels, and personal goals to create customized diet and workout plans. It offers tools and food tables to facilitate adherence to these programs, allowing users to track their fitness progress conveniently. Whether exercising at home, in the gym, or on the go, ElCoach serves as a portable trainer, guiding users towards achieving their ideal shape.
Argineering
Seed Round in 2020
Argineering is a design-tech company based in Giza, Egypt, specializing in interactive electronic equipment that transforms static displays into engaging experiences. Founded in 2016, the company offers RGKit, a versatile design tool that enables customer interaction in venues such as museums, showrooms, and retail spaces. RGKit can be customized to fit the unique needs of each venue and is complemented by various modules and accessories, including a rotator, light display, and control unit, which enhance the movement and interactivity of designs. Additionally, Argineering has developed an RGKit app that facilitates the control of these modules and accessories. The company's innovative approach has garnered attention from notable brands and agencies, enhancing their display experiences and allowing creatives to design with minimal technical barriers.
Speero
Seed Round in 2020
Speero is an online marketplace based in Riyadh, Saudi Arabia, that specializes in the purchase of new and used automotive spare parts. Established in 2017, the platform facilitates online ordering and offers a dedicated team to assist users with queries, quotations, and information. Speero integrates directly with repair shops, insurance companies, and other businesses, allowing users to compare price quotes from various suppliers. This functionality enables car owners to acquire automotive parts at competitive prices while helping businesses reduce costs, enhance efficiency, and minimize fraud. By providing a comprehensive solution for automotive spare parts, Speero aims to streamline the procurement process for both individual consumers and businesses in the automotive sector.
Awfar Market
Seed Round in 2020
Awfar Market is the first online platform specifically designed for supermarkets and grocery stores in the MENA region. It allows users to select their preferred supermarket chain, shop for groceries, and compare products, including nutritional information. Customers can also choose their delivery time and payment method. The delivery service is designed to be safe and hygienic, utilizing a Cloud Sourcing Delivery Application that enables delivery representatives to efficiently pick up and deliver orders directly to customers' locations while maintaining the quality and freshness of the groceries. Awfar Market aims to lead the e-commerce sector in the Middle East by creating a shopping experience that aligns with the cultural values of Arab customers and addresses their needs. The company's mission is to virtualize businesses across the Arab world.
Hala
Seed Round in 2020
Addenda LTD, established in 2018 and headquartered in Dubai, United Arab Emirates, specializes in providing blockchain-based distributed ledger technology (DLT) services to the insurance industry. The company streamlines insurance processes, enables real-time task reporting, and securely records claim and policy data onto the blockchain for enhanced transparency and security. Additionally, Addenda offers data input validation and analysis services. In 2020, Addenda launched Hala Insurance, an insurtech startup aiming to provide affordable, quick, and online car and home insurance to the 500 million people living in the Middle East and North Africa (MENA) region, thereby disrupting the traditional insurance industry.
Garaji
Seed Round in 2020
Garaji is an online auto marketplace founded in 2018 in Dubai that connects car owners with various workshops for routine maintenance and repairs. The platform allows users to select the required service, choose a garage based on ratings and availability, and specify the pick-up location, date, and time. A garaji valet or tow truck collects the vehicle, delivers it to the workshop for service, and returns it to the owner upon completion. Customers benefit from independent service advice, a $1 million insurance policy while the car is in Garaji's possession, and a six-month warranty on services performed by partner workshops. The platform enhances convenience by allowing users to compare real-time prices and explore alternative service centers.
SmartCrowd
Seed Round in 2020
SmartCrowd is a real estate investment platform that facilitates access to the UAE real estate market through a user-friendly online portal, allowing investors to participate with a low minimum investment. By offering the ability to buy and sell fractional shares in properties, SmartCrowd reduces the barriers to entry for individuals looking to build their financial and real estate assets. This innovative approach enables investors to manage their portfolios similarly to stock investments, focusing on asset allocation without the complexities of purchasing and managing individual properties. As a result, investors can create a diversified property portfolio while minimizing risk and leveraging costs. SmartCrowd operates under the regulation of the Dubai Financial Services Authority, ensuring compliance and security for its users.
Homzmart
Seed Round in 2020
Homzmart Ltd. is an e-commerce platform based in Cairo, Egypt, that specializes in selling home furniture, décor, lighting, and various home supplies. Founded in 2019, the company facilitates connections between homeowners and home professionals, allowing users to browse an extensive selection of products while accessing reviews, expert advice, and articles on home improvement. Homzmart aims to create a community-driven environment that enhances the shopping experience for home-related needs, offering a diverse range of quality products at competitive prices. Through its platform, the company seeks to simplify the process of home furnishing and improvement for its customers.
VOO
Seed Round in 2020
- VOO ( www.getvoo.com ) is an End-to-end courier management platform empowering e-commerce businesses in the MENA region - One API Integration connects businesses to a large network of national and international shipping providers from a single dashboard
liwwa
Series A in 2019
liwwa, Inc. operates a peer-to-peer lending platform that connects small and medium-sized enterprises (SMEs) in need of capital with investors seeking to diversify their portfolios. The platform allows borrowers to apply for small business loans while offering investors the opportunity to earn regular monthly returns. Liwwa conducts in-house assessments of the creditworthiness of businesses and implements a lease-to-own model that provides an interest-free return for investors. Founded in 2013 and headquartered in Amman, Jordan, liwwa has raised seed funding to expand its team and develop new product offerings, thereby enhancing its capacity to support SMEs in the MENA region and beyond.
Telgani
Seed Round in 2019
Telgani is a car rental platform established in 2018 and headquartered in Riyadh, Saudi Arabia. The company offers an online portal and mobile application that allows customers to quickly and easily rent their preferred vehicles at competitive prices. Users can select their desired car and location, while the platform provides options to compare and book from nearby providers, enhancing the overall rental experience.
DentaCarts
Seed Round in 2019
DentaCarts is an online dental marketplace based in Nasr City, Egypt, that connects dentists with vendors across the Middle East and North Africa. Founded in 2017, the company focuses on revolutionizing the procurement and supply chain processes in the dental sector. It offers a wide range of products, including restorative, endodontics, prosthetics, periodontal, surgical items, implants, orthodontics, consumables, instruments, and dental lab services. DentaCarts operates a B2B e-commerce platform that features over 30,000 listed products and collaborates with more than 150 agents and suppliers, serving over 3,000 dental businesses in Egypt, Saudi Arabia, and Germany. The company leverages advanced technologies, including artificial intelligence and Internet of Things solutions, to streamline order management and automate supply chain processes, aiming to lead the dental supplies market in the region through its innovative digital solutions.
Lean Technologies
Seed Round in 2019
Lean Technologies Limited, founded in 2019 and based in Riyadh, Saudi Arabia, is a FinTech startup that specializes in providing an application programming interface (API) platform for financial data applications. The company's API suite simplifies access to consumer financial data, allowing businesses to navigate the complexities of financial infrastructure with ease. By enabling seamless access to customers' financial information and facilitating instant bank transfers, Lean Technologies aims to enhance the accessibility, transparency, and utility of financial data and payments. This approach fosters a more inclusive and interconnected financial landscape, ultimately benefiting both consumers and businesses.
Homzmart
Seed Round in 2019
Homzmart Ltd. is an e-commerce platform based in Cairo, Egypt, that specializes in selling home furniture, décor, lighting, and various home supplies. Founded in 2019, the company facilitates connections between homeowners and home professionals, allowing users to browse an extensive selection of products while accessing reviews, expert advice, and articles on home improvement. Homzmart aims to create a community-driven environment that enhances the shopping experience for home-related needs, offering a diverse range of quality products at competitive prices. Through its platform, the company seeks to simplify the process of home furnishing and improvement for its customers.
Ordera
Seed Round in 2019
Ordera is a mobile application that enhances the takeaway experience in the food and beverage industry. Founded in 2017 and headquartered in Cairo, Egypt, the app allows users to order and pay for coffee and breakfast in advance, enabling them to pick up their items quickly, either from the store or directly from their cars, similar to a virtual drive-thru. The application also features a built-in loyalty program, rewarding users with free items from their favorite venues as they make more purchases. Additionally, Ordera provides benefits to venue owners by helping increase sales, understand customer preferences, and retain loyal patrons.
Workhint
Seed Round in 2019
Workhint LLC is a software as a service (SaaS) platform that connects companies with independent management consultants on demand. Founded in 2017 and based in Al Khobar, Saudi Arabia, Workhint offers a range of tools designed to facilitate the hiring and management of contract staff. The platform allows organizations to onboard experts through invitation links, conduct video calls, and track hours worked both online and offline. Additionally, it includes invoicing capabilities to streamline payments based on tracked hours, as well as messaging and file-sharing features to enhance communication between users and experts. With a manager dashboard, companies can easily view and assign gig workers, track their hours, and post reviews, all aimed at improving productivity and reducing costs. Workhint's flexible approach assists businesses in quickly finding and managing talent across various functions, including advisory, mentorship, and freelance management.
El-Mawkaa
Seed Round in 2019
ElMawkaa LLC operates a mobile application that serves as an intelligent marketplace connecting construction companies with suppliers in Egypt. The platform facilitates the procurement of various building materials, including cement, steel, gypsum board, and ready-mix concrete. Users can access competitive quotations, engage in online bidding, and receive timely updates on material prices, streamlining the purchasing process for stakeholders in the construction sector. By providing a convenient and efficient way to source essential materials, ElMawkaa enhances the overall operational efficiency for construction companies. The company is headquartered in Giza, Egypt.
Trteeb
Seed Round in 2019
Trteeb is an online platform specializing in customized tailoring for traditional Arab thobes, established in 2017 and based in Riyadh, Saudi Arabia. The platform connects users directly with tailors, allowing customers to make appointments and choose their preferred tailor for garment stitching. By facilitating this connection, Trteeb aims to enhance market performance while benefiting both clients and tailors in the traditional clothing sector.
Shiftling
Seed Round in 2019
Shiftling is a staffing and recruiting company based in Dubai, United Arab Emirates, founded in 2018. It offers a software platform that connects businesses with vetted and experienced freelancers, allowing organizations to manage their staffing needs on-demand. This platform enables companies to efficiently access customizable staffing solutions, helping them navigate fluctuations in demand without the costs associated with full-time hiring. By facilitating digital interviews and streamlining the recruitment process, Shiftling provides a practical alternative for businesses seeking flexible staffing options.
Sabbar
Seed Round in 2019
Sabbar Ltd. is an on-demand staffing platform based in Saudi Arabia that focuses on blue-collar jobs in the retail, hospitality, and entertainment sectors within the MENA region. The company provides an integrated solution for businesses to recruit casual staff during peak periods by connecting them with qualified and vetted professionals. Sabbar streamlines the recruitment process, alleviating administrative burdens associated with hiring, such as interviews, training, scheduling, and payment. By combining application software with strategic analytics and video communications, Sabbar aims to enhance productivity in candidate management and improve hiring outcomes for its clients.
Vetwork
Seed Round in 2019
Vetwork is an online marketplace that offers high-quality, convenient pet care services and products to pet owners in the MENA region. The platform provides an array of on-demand veterinary services, including pet grooming, deworming, vaccinations, and medical care, making these essential services more accessible and timely for pet owners. By carefully selecting and filtering service providers, Vetwork ensures a smooth and reliable experience for users, allowing them to book necessary pet care services online with ease.
StyleNow
Seed Round in 2019
StyleNow is a beauty services company that operates a mobile application platform designed for booking on-demand beauty treatments. Founded in 2018 and headquartered in Giza, Egypt, the app enables users to create reservations for a variety of services, including hair treatments, nail art, makeup, and waxing. By connecting clients with a network of skilled beauticians, StyleNow offers personalized beauty experiences delivered directly to their doorstep.
TechieMatter
Seed Round in 2019
TechieMatter Inc. is a recruitment platform based in Cairo, Egypt, established in 2019. It specializes in connecting employers in the EMEA region with qualified tech talent through a proprietary vetting system. The platform utilizes a network of rated tech verifiers and various technical assessments to ensure that candidates meet the specific needs of employers. TechieMatter facilitates communication with its clients via phone, email, and online applications, providing a comprehensive solution for companies seeking to enhance their workforce with skilled professionals in the technology sector.
Nawah Scientific
Grant in 2019
Nawah Scientific, founded in 2015 and based in Cairo, Egypt, specializes in providing scientific research services focused on natural and medical sciences. The company offers a range of analytical services, including chromatographic analysis, bioassays, spectrophotometry, and phytochemical services. Additionally, Nawah allows users to book access to advanced scientific equipment, such as dissolution testers and spectrophotometers. Their online platform facilitates the submission of experiment requests, enabling scientists to conduct research efficiently, irrespective of their laboratory capabilities. Nawah also provides training courses in specialized areas like High Performance Liquid Chromatography (HPLC) and nano drug delivery systems. The company serves a diverse clientele, including universities, corporations, and small to medium-sized enterprises, and has successfully analyzed over 10,000 samples for various institutions in the MENA region, Malaysia, the UK, and Switzerland.
Invygo
Pre Seed Round in 2019
Invygo is the first and largest car subscription service in the MENA region, offering consumers an all-inclusive monthly subscription model through a user-friendly mobile app. Founded in 2018 in Dubai by Eslam Hussein and Pulkit Ganjoo, Invygo enables users to access passenger vehicles without the financial burdens associated with traditional car ownership. The platform allows for customizable month-to-month subscriptions, providing flexibility for users to return or upgrade their vehicles without penalties. Additionally, Invygo supports car dealers by offering a new business model that helps them generate revenue while minimizing depreciation and operational costs. Overall, Invygo aims to create accessible mobility options with a hassle-free experience for both consumers and dealers.
Tripdizer
Seed Round in 2019
Tripdizer, founded in 2017 and based in Cairo, Egypt, is an online travel services platform that assists users in planning, booking, and paying for budget-friendly vacations. The company offers a comprehensive solution that enables travelers to create customized itineraries by selecting flights, accommodations, and activities that align with their interests and budgets. Utilizing a proprietary algorithm integrated with artificial intelligence, Tripdizer optimizes travel experiences based on the preferences and feedback of numerous other travelers. The platform aims to simplify the travel planning process, allowing users to save time and money while ensuring their trips meet their expectations. Additionally, Tripdizer provides a mobile application to enhance accessibility and convenience for its users.
Gathern
Seed Round in 2019
Gathern operates a vacation rental marketplace based in Riyadh, Saudi Arabia, founded in 2016. The platform enables users to easily book a diverse range of accommodations, including villas, chalets, apartments, farms, caravans, desert cottages, and campsites. Gathern allows property owners to list their rentals directly without the need for a rental license, providing a hassle-free way for hosts to monetize their properties. The service caters to travelers and adventure seekers looking for convenient and varied lodging options.
Lendo
Seed Round in 2019
Lendo is an alternative lending marketplace that helps digitally finance small and medium-sized enterprises (SMEs) in Saudi Arabia. Lendo was granted the first Crowdlending (debt financing) licensed in Saudi Arabia, and received the Excellence in Finance Leaders Award from FiNext Awards. Lendo’s products and solutions make everyday business activities easier, more secure, and more efficient for both investors and borrowers alike.
Floward
Seed Round in 2019
Floward is an online flower and gifts eCommerce platform that offers a diverse selection of products, including flowers, cakes, balloons, and chocolate boxes, tailored for various occasions such as birthdays, anniversaries, and weddings. The company provides same-day delivery services sourced from both local and international brands, ensuring timely service for its customers. Floward has experienced aggressive expansion, currently operating in 36 cities across nine countries in the MENA region and the United Kingdom. In December 2020, it marked its first venture outside the Middle East by launching its platform in London, further broadening its reach and enhancing its service offerings.
Greenish
Seed Round in 2019
Greenish is a retail platform based in Riyadh that specializes in delivering organic food products directly to customers' doors. The company offers a wide selection of healthy and organic food options at competitive prices, making it convenient for consumers to order online. By focusing on organic food, Greenish promotes a healthy lifestyle while providing various delivery services and payment solutions to enhance the customer experience.
TechieMatter
Pre Seed Round in 2019
TechieMatter Inc. is a recruitment platform based in Cairo, Egypt, established in 2019. It specializes in connecting employers in the EMEA region with qualified tech talent through a proprietary vetting system. The platform utilizes a network of rated tech verifiers and various technical assessments to ensure that candidates meet the specific needs of employers. TechieMatter facilitates communication with its clients via phone, email, and online applications, providing a comprehensive solution for companies seeking to enhance their workforce with skilled professionals in the technology sector.
BulkWhiz
Series A in 2019
Bulkwhiz is the first hassle-free online bulk grocery shopping in the UAE, powered by the next generation artificial intelligence. It is the first local startup in its sector to develop its own proprietary AI-enabled technology that offers a personalized, simple online shopping experience for households and small businesses. Through its homegrown tech solution, Bulkwhiz delivers value and is designed to save time, money and effort for the busy working moms and dads, city dwellers and small businesses. Its one-click order offers door-to-door delivery service of branded bulk, shelf stable, household staples and office products. Carefully curating leading regional and international brands, Bulkwhiz allows shoppers to create a one-time smart and flexible shopping list that makes the arduous shopping of bulk products simple and easy.
Moodfit
Seed Round in 2019
Moodfit is an innovative online interior design platform serving the MENA region, providing a seamless home furnishing and decoration service. It connects customers with professional interior designers who offer budget-friendly solutions tailored to individual styles and furniture budgets. The platform streamlines the design process by preparing a comprehensive furniture list that includes pricing for all items, and it also facilitates the purchase and delivery of these products directly to the customer's home. By matching users with the right interior designer, Moodfit enables a hassle-free experience for those looking to enhance their living spaces.
MaxAB
Seed Round in 2019
MaxAB is a B2B e-commerce platform based in Cairo, Egypt, founded in 2018, that connects food and grocery retailers with suppliers in underserved areas. The company focuses on re-engineering the informal grocery and food market by utilizing innovative technologies and supply chain solutions tailored to the specific needs of retailers. MaxAB's mobile platform facilitates an e-marketplace and provides logistics services for efficient distribution of goods. By streamlining procurement and grocery delivery processes, MaxAB aims to empower retailers with access to a diverse range of products, premium service, and operational support, ultimately enhancing their ability to manage their businesses effectively.
Dabchy
Seed Round in 2019
Dabchy SARL operates an online peer-to-peer fashion marketplace that connects buyers and sellers of new and used fashion items. Founded in 2016 and headquartered in Tunis, Tunisia, the platform allows users to list a variety of products, including clothing, shoes, jewelry, accessories, bags, and beauty items. Dabchy fosters a community atmosphere where users can engage with one another by liking, commenting on listings, and sharing fashion advice. This unique combination of marketplace and social interaction enables customers to buy, sell, and exchange fashion items while participating in a vibrant online community.
Souqalmal
Seed Round in 2019
Souqalmal.com LLC FZ operates a leading financial comparison website in the Middle East, providing consumers in the UAE and Saudi Arabia with the tools to search and compare various financial products. Founded in 2012 and headquartered in Dubai, the platform offers detailed information on credit cards, personal loans, car loans, bank accounts, mortgages, and various insurance options, including car, home, travel, and SME insurance. Users can obtain real-time quotes for insurance in under 60 seconds and have their policies issued within an hour. Souqalmal.com has also expanded its services to include mobile phone and broadband plans, as well as educational options like schools and nurseries. The company has received multiple awards for its innovative approach and has grown its insurance business significantly. With backing from notable investors and a proven track record, Souqalmal.com continues to empower consumers to make informed financial decisions.
Nowpay
Pre Seed Round in 2019
NowPay, Inc. is a fintech company based in Cairo, Egypt, that aims to enhance the financial wellness of corporate employees. Established in 2018, it offers an online platform that enables employees to manage personal finances, including budgeting, spending, and borrowing. Through its mobile application, users can access detailed information about their salaries, account balances, and potential loan amounts. NowPay collaborates with employers to provide employees with the option to receive advance salary payments at any time during the month, allowing for repayment over multiple months without additional liabilities. This service not only aids employees in times of financial need but also helps corporations improve employee satisfaction, productivity, and loyalty.
Mogassam
Seed Round in 2019
Mogassam Co. LLC, based in Cairo, Egypt, specializes in manufacturing 3D printers tailored for dental applications. Founded in 2015, the company produces the Dent2, a digital light processing (DLP) 3D printer that facilitates the creation of intricate dental designs for laboratories and clinics. In addition, Mogassam offers the DentCure, a UV LED device that enhances the mechanical and physical properties of 3D printed dental parts. The company's products are applicable in creating dental models, temporary crowns and bridges, digital wax, surgical guides, and clear aligners. As a pioneer in the Egyptian market, Mogassam is committed to streamlining the digital workflow in dentistry by providing accessible and high-quality printing solutions.
Chefaa
Seed Round in 2019
Chefaa is a Cairo-based company founded in 2017 that operates a smart medicine application designed to streamline the process of ordering medications from local pharmacies. This GPS-enabled platform not only allows users to order medicine online but also provides features such as medication reminders, enhancing patient adherence to treatment plans. By leveraging artificial intelligence and a data-driven approach, Chefaa aims to improve the management of chronic illnesses while facilitating better accessibility and affordability for patients. The company focuses on connecting patients with pharmacies across Egypt, ensuring a comprehensive and patient-centric approach to pharmacy needs, thereby minimizing waiting times and effort involved in obtaining medications.
Rain
Seed Round in 2019
Rain is a regulated cryptocurrency exchange based in Manama, Bahrain, that was founded in 2017. It operates a digital currency trading platform specifically designed to facilitate secure and compliant transactions in the Middle East. The platform allows clients to buy, sell, and store digital currencies while adhering to regulatory standards. By functioning within a regulatory sandbox, Rain aims to provide a safe environment for digital transactions, enhancing trust and security for its users.
GoodsMart
Venture Round in 2019
GoodsMart is a mobile application developed to facilitate online grocery shopping and delivery. Founded in 2013 and headquartered in Cairo, Egypt, the platform aggregates local grocery stores, allowing users to purchase groceries, personal care, and home care products conveniently. GoodsMart aims to provide premium products while ensuring timely delivery, with options for next-day drop-off. The service is designed to help consumers streamline their daily errands, enjoy fresh products, and save money by bringing essential items directly to their homes.
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