500 Labs

500 Global, formerly known as 500 Startups, is a venture capital firm and incubator based in Mountain View, California, founded in 2010. The firm specializes in seed investments, primarily focusing on early-stage technology and financial services startups across various sectors, including biotech, e-commerce, fintech, and digital healthcare. 500 Global operates a four-month accelerator program, where it typically invests between $0.05 million and $1 million for a 5 to 10 percent equity stake in companies with at least $100,000 in monthly revenue. The firm targets a global market, with particular emphasis on regions such as the Middle East, Asia, Europe, and Latin America. Since its inception, it has invested in over 2,200 startups and supports the growth of innovation ecosystems through educational programs and partnerships. 500 Global also prioritizes investments in companies led by minority founders, reflecting its commitment to diverse entrepreneurial leadership.

Amjad Ahmad

General Partner

Chandini Ammineni

Partner

André Marcel Bally

Investor Relations Associate

Amal Enan

Partner

Max Fram-Schwartz

Venture Partner

Twwo Pun Jaruthassanakul

Investment Associate

Yolanda Kim

Principal

Matt Lerner

Partner

Jon Li

Director, Investor Relations

Jasmine Liew

Investment Manager

Robert Neivert

Venture Partner

Khailee Ng

Managing Partner

Krating Poonpol Ph.D

Partner

Ruangroj Poonpol

Venture Partner

Natavudh Pungcharoenpong

Partner

Mameaw Sapprasert

Partner

Reena Sharma

Investor Relations Associate

Mike Sigal

Partner, FinTech

Sanjay Singhal

Partner, Canada

Tanya Soman

Venture Partner

Paulina Szyrmer

Head of Global Education

Pat Naranpat Thitipattakul

Investor

Tony Wang

Managing Partner

Paul Yoo

Chief Financial Officer

Past deals in Africa

Elmetr aspires to become the biggest lead-generation hub for all lawyers in Egypt, and the Middle-East. Its positive impact on the legal community shall be foreseen in better transparency of legal case handling, positive client reviews, more specialization and sub specialization, clear lawyer profiles, better reach for law offices and higher quality service.

Odiggo

Seed Round in 2021
Odiggo is an eCommerce platform that connects customers with established car parts & services suppliers all around Egypt. We're here to make car parts & services as simple as buying a t-shirt online, with a few clicks we can help people find their car parts and get them delivered to their service centers or their homes.
Elmetr aspires to become the biggest lead-generation hub for all lawyers in Egypt, and the Middle-East. Its positive impact on the legal community shall be foreseen in better transparency of legal case handling, positive client reviews, more specialization and sub specialization, clear lawyer profiles, better reach for law offices and higher quality service.

Chefaa

Series A in 2020
Chefaa is a medicine delivery platform based in Cairo, Egypt, founded in 2017. The company offers a smart medicine system application that enables users to order medications from pharmacies online. In addition to facilitating online orders, Chefaa allows patients to set reminders for their medications, helping them manage their pharmacy needs effectively. Through its innovative approach, Chefaa aims to enhance the accessibility and convenience of obtaining necessary medications for users.

DentaCarts

Seed Round in 2019
DentaCarts is an online dental marketplace established in 2017 and based in Nasr City, Egypt, that connects dentists with vendors across Egypt and the Middle East. It addresses significant challenges faced by dental clinics, such as the prevalence of counterfeit products, limited market access, and inflated prices. DentaCarts offers a diverse range of dental products, including restorative, endodontics, prosthetics, periodontal, surgical, implant, orthodontic supplies, consumables, instruments, and equipment. By providing a platform that links dental practices to authorized dealers and manufacturers, DentaCarts ensures that clinics can purchase genuine products at fair prices, thereby enhancing their operational efficiency and patient safety. The company's team brings extensive experience in business development, IT solutions, and the dental supplies sector, positioning DentaCarts as a vital resource for dental professionals seeking to improve their purchasing experience and grow their practices.

ElMawkaa

Seed Round in 2019
Elmawkaa provides an intelligent marketplace that enables construction companies to get their competitive quotations for building materials such as cement, steel, and gypsum board in one platform. Ebrahem Anwar and Mahmoud Habib founded it on December 1, 2019, with its headquarters in Giza in Egypt.

Maxab

Seed Round in 2019
Maxab is a business-to-business e-commerce marketplace that links food and grocery retailers with suppliers in Egypt, particularly in underserved areas. Founded in 2018 and headquartered in Cairo, the company utilizes data-driven technologies and advanced supply chain solutions to enhance the food and grocery market. Maxab's platform streamlines access to a diverse range of products, providing retailers with premium service and operational support. Additionally, the company has established a logistics network to facilitate the efficient distribution of goods throughout Egypt, ensuring that the right quantity of food reaches the appropriate locations at the right time.

Printivo

Seed Round in 2019
Printivo Ltd. provides online printing services to startups and SMEs in Nigeria. The company prints banners, business cards, custom mugs, envelopes, flyers and handbills, greeting cards, letterheads, notepads and jotters, paper bags, stickers, wedding stationery, roll up banners, imitations, flash drives, and key rings. It provides an online platform that allows users to browse, select, and customize templates; edit tastes, change and upload images, and insert logos and images; and order. Printivo Ltd. was founded in 2013 and is based in Lagos, Nigeria.

Dabchy

Seed Round in 2019
DABCHY SARL operates an online platform that provides peer-to-peer fashion marketplace. The platform allows listing of clothes, shoes, jewelry, accessories, bags, and beauty products. The company was founded in 2016 and is based in Tunis, Tunisia

Chefaa

Seed Round in 2019
Chefaa is a medicine delivery platform based in Cairo, Egypt, founded in 2017. The company offers a smart medicine system application that enables users to order medications from pharmacies online. In addition to facilitating online orders, Chefaa allows patients to set reminders for their medications, helping them manage their pharmacy needs effectively. Through its innovative approach, Chefaa aims to enhance the accessibility and convenience of obtaining necessary medications for users.

EZFarming

Seed Round in 2019
EZFarming is a digital marketplace designed to connect small farmers with investors, facilitating financing and the sale of agricultural products. The platform aims to transform small farms into commercially viable operations, thereby addressing youth unemployment and enhancing agricultural productivity in Africa. By targeting at least 1% of African diaspora remittances for agricultural investments, EZFarming seeks to improve food security and create one million job opportunities in the sector by 2024. The company has established partnerships with manufacturing and food processing firms to ensure guaranteed markets for farm produce. Utilizing modern technology, effective supply chain management, and good agricultural practices, EZFarming offers risk-mitigated investment packages that empower the next generation of farmers. Founded by Adewale Oparinde, the company is headquartered in Lagos, Nigeria.

Eksab

Seed Round in 2019
Eksab operates an online daily fantasy sports (DFS) platform focused on the Middle Eastern and African markets. Founded in 2017 and based in Cairo, Egypt, the platform enables users to participate in sports contests by drafting teams and making predictions about live football games. Players accumulate points based on the accuracy of their predictions, fostering engagement and competition. Eksab has gained significant traction, being ranked #5 on the Google Play Store's Top Trending List and processing over 4.5 million games to date. The company has also received support through incubation programs by MINT, EG-Bank, and Cairo Angels.

Kerning Cultures

Seed Round in 2019
Kerning Cultures is building the premier Middle East podcast network. As audio media becomes mainstream in other international markets, we're defining the space for the Middle East and North Africa. Our inaugural show produces radio documentaries from the Middle East for regional and global audiences.

Maxab

Seed Round in 2019
Maxab is a business-to-business e-commerce marketplace that links food and grocery retailers with suppliers in Egypt, particularly in underserved areas. Founded in 2018 and headquartered in Cairo, the company utilizes data-driven technologies and advanced supply chain solutions to enhance the food and grocery market. Maxab's platform streamlines access to a diverse range of products, providing retailers with premium service and operational support. Additionally, the company has established a logistics network to facilitate the efficient distribution of goods throughout Egypt, ensuring that the right quantity of food reaches the appropriate locations at the right time.

WUZZUF

Series B in 2018
Wuzzuf, LLC is an online recruitment platform based in Cairo, Egypt, that connects job seekers with employers across various sectors, including accounting, customer service, engineering, sales, marketing, and software development. Founded in 2009, Wuzzuf operates as a subsidiary of BasharSoft LLC, a technology firm specializing in innovative online recruitment solutions. The platform caters to a diverse range of job seekers, from highly educated individuals to those with varying levels of education. Since its inception, Wuzzuf has served over 10,000 employers and facilitated more than 100,000 direct hires. The platform has advertised over 250,000 job vacancies and attracts more than 500,000 users each month, making it a significant player in the Egyptian job market.

Asaak

Seed Round in 2018
Asaak Financial Services Limited is a Uganda-based company founded in 2016 that operates a platform designed to connect borrowers with lenders. The platform primarily focuses on providing micro financing to clients who require funds to grow their businesses. By facilitating these financial transactions, Asaak aims to enhance access to capital for individuals and small enterprises in emerging markets, thereby contributing to economic development in the region.

Printivo

Seed Round in 2017
Printivo Ltd. provides online printing services to startups and SMEs in Nigeria. The company prints banners, business cards, custom mugs, envelopes, flyers and handbills, greeting cards, letterheads, notepads and jotters, paper bags, stickers, wedding stationery, roll up banners, imitations, flash drives, and key rings. It provides an online platform that allows users to browse, select, and customize templates; edit tastes, change and upload images, and insert logos and images; and order. Printivo Ltd. was founded in 2013 and is based in Lagos, Nigeria.

SureGroup

Seed Round in 2016
Commerce in Africa is deeply facilitated by cash, but cash-based transactions are expensive, unsafe, and difficult to track. Suregifts identified an opportunity to take advantage of the growth and adoption of the internet and all things digital in Africa by creating a simple, yet safe alternative currency to be utilised for specific purposes; Vouchers. At the core of what SureGifts does, is selling and maintaining an inventory of vouchers, which can be exchanged between two or more parties, and spent at a closed but extensive network of merchants across Africa for a near-unlimited assortment of goods and services.

WUZZUF

Series A in 2015
Wuzzuf, LLC is an online recruitment platform based in Cairo, Egypt, that connects job seekers with employers across various sectors, including accounting, customer service, engineering, sales, marketing, and software development. Founded in 2009, Wuzzuf operates as a subsidiary of BasharSoft LLC, a technology firm specializing in innovative online recruitment solutions. The platform caters to a diverse range of job seekers, from highly educated individuals to those with varying levels of education. Since its inception, Wuzzuf has served over 10,000 employers and facilitated more than 100,000 direct hires. The platform has advertised over 250,000 job vacancies and attracts more than 500,000 users each month, making it a significant player in the Egyptian job market.

Elwafeyat

Seed Round in 2014
ElWafeyat operates an online platform that facilitates the reading, creation, and sharing of obituaries and memorial pages for deceased individuals. In addition to enabling users to interact through comments, sharing, and sending condolences, the platform also provides family tree mapping services. Beyond its digital offerings, ElWafeyat extends its services to include offline funeral arrangements. The company is based in Cairo, Egypt.

Paykind

Seed Round in 2014
They started in early 2013 as a platform that allowed parents to send money to their children in boarding schools in Kenya. Using the M-Pesa mobile money platform layered on top of NFC powered student IDs, They were able to help parents send money allocated specifically for educational supplies and food electronically to their children. Realizing the potential of electronic money transfers tied specifically to allocated expenses, They pivoted in September 2013 from student payment cards to electronic educational, medical and nutritional vouchers. Today Their main product is Paykind, an online e-voucher platform that enables individuals and organizations to send highly specified remittance packages using mobile phone technology.

WUZZUF

Seed Round in 2013
Wuzzuf, LLC is an online recruitment platform based in Cairo, Egypt, that connects job seekers with employers across various sectors, including accounting, customer service, engineering, sales, marketing, and software development. Founded in 2009, Wuzzuf operates as a subsidiary of BasharSoft LLC, a technology firm specializing in innovative online recruitment solutions. The platform caters to a diverse range of job seekers, from highly educated individuals to those with varying levels of education. Since its inception, Wuzzuf has served over 10,000 employers and facilitated more than 100,000 direct hires. The platform has advertised over 250,000 job vacancies and attracts more than 500,000 users each month, making it a significant player in the Egyptian job market.