Algebra Ventures invests in technology startups that leverage innovation to transform large markets. They seek high-growth companies, led by passionate and capable teams, that have a unique value proposition, and that can generate significant economic returns.

Algebra Ventures looks for entrepreneurial teams that possess vision and insight as well as the execution skills needed to build scalable companies. Algebra Ventures focuses on Series A and Series B rounds in Egypt although they do not exclude investments in earlier-stage startups or in other parts of the MENA region. They prefer to meet startups early on and get to know the team as the opportunity is shaping up.

Algebra Ventures

Managing Partner

Principal

Investment Associate

Dsquares raised an undisclosed amount on 2019-03-12 in Venture Round

Dsquares LLC Dsquares LLC designs and develops software solutions focusing on loyalty programs for clients. Its solutions include loyalty 360 program develops customer retention and spending patterns; coupon ,rewards, discounts, for increasing sales; assistance offers solutions for customers concierge services. The company was founded in 2011 and is based in Amman, Jordan.

Dsquares LLC

Yodawy raised $7500000 on 2021-07-12 in Series B

Yodawy is an online pharmacy and insurtech startup that allows customers to order pharmaceuticals and cosmetics via a mobile app and have those delivered through a network of 500+ pharmacies across Egypt. Insurance and copayment benefits are automatically applied with four major insurance carriers onboarded thus far and more in the pipeline.

Yodawy Inc.

Mozare3 raised an undisclosed amount on 2021-05-24 in Pre Seed Round

Mozare3 operates as an agricultural-fintech startup. Mozare3 is a platform that serves more than 20 million underserved, unbankable smallholder farmers and their families.

Mozare3

Dsquares raised $1000000 on 2020-12-08 in Series B

Orcas raised $2100000 on 2022-01-16 in Seed Round

Orcas Solutions Limited owns and operates an online marketplace for tutors and babysitters. It connects parents and students with experienced private tutors and babysitters. The company was founded in 2014 and is based in Cairo, Egypt.

Orcas Solutions

POSRocket raised $5000000 on 2021-08-04 in Venture Round

POSRocket manufactures point of sales machines. The product is cloud based system and can be used by merchants. The company serves restaurants, boutique shops, coffee shops, bakeries, salon, spas and dry cleaners. POSRocket was founded in 2016 and is based in Amman, Jordan.

POSRocket

Little Thinking Minds raised $1265000 on 2018-12-09 in Series A

Little Thinking Minds Company, LLC. produces educational Arabic content for children. It offers its educational content on various platforms, such as DVDs, CDs, activity books, flash cards, video and audio downloads, apps, and online games. The company sells its products through retail outlets, bookshops, play areas, and mega stores, as well as online in the United States, the United Kingdom, Lebanon, Jordan, Egypt, Saudi Arabia, the United Arab Emirates, Qatar, Bahrain, Singapore, and Australia. Little Thinking Minds Company, LLC. was founded in 2004 and is based in Amman, Jordan with additional locations in Dubai, the United Arab Emirates and Saudi Arabia.

Little Thinking Minds Company, LLC.

Shift EV raised $9000000 on 2022-04-08 in Series A

Shift EV

Khazna raised $38000000 on 2022-03-31 in Series A

Khazna is an Egyptian company that aims to improve and expand financial services for Egyptians through the mobile application.

Khazna

Brimore raised $11000000 on 2021-05-01 in Seed Round

Brimore Holding B.V. owns and operates an online retail and distribution platform. The company offers fast-moving consumer goods (FMCG). It offers detergents, perfumes, skin, canned food, upholstery, skin care, lips, spices, mixes, and beans, men wear, personal care, hair care, eyes, women wear, baby and kids wear, appliances, make up, textiles, home care, food and beverage, and wellness products. The company connects and serves manufacturers and customers. Brimore Holding B.V. was founded in 2017 and is headquartered in Cairo, Egypt.

Brimore

Trella raised $30000000 on 2021-06-21 in Venture Round

Trella is a platform that connects shippers to carriers. 
Trella offers services and technology to empower drivers, improve their efficiency, boost their earnings and utilization as well as creating job opportunities. 
Trella aims to reduce costs for shippers, introduce a transparent pricing structure and provide them with a more reliable source of carriers. All the while allowing them to track their shipments in real-time as well as report key insights on their transportation trends and performance.

Trella

HolidayMe raised $16000000 on 2018-11-21 in Series C

HolidayMe is an online portal offering offering on-the-fly customized travel solutions to customers across the Middle East. This includes the ability to design holiday packages, hotels, sightseeing activities and transfers for destinations all over the world. The website through its unique user experience allows the customer to choose from hundreds of curated itineraries created by experts for worldwide destinations and further personalize it according to one’s preferences. The customer can also book a completely customized package from scratch using the website’s simple user friendly platform. All packages can be booked instantly using multiple payment methods.

The website offers over 300,000 hotels and over 8,000 activities to choose from. It also has airport pick up and drop facility across 300 cities globally. It has offices in Dubai, Riyadh, and Pune, with a team of over 200 employees across these locations.

HolidayMe is published and maintained by Traveazy DMCC, Dubai (“Traveazy”).

HolidayMe

La Reina raised $1000000 on 2018-07-11 in Seed Round

La Reina provides an online fashion rental platform, which allows women to rent their evening and bridal gowns to each other. It provides an online marketplace for designer wedding dresses, evening dresses, and accessories rental. The company was founded in 2016 and is based in Cairo, Egypt.

La Reina

POSRocket raised $1500000 on 2018-07-09 in Venture Round

GoodsMart raised an undisclosed amount on 2019-02-18 in Series A

GoodsMart designs and develops an mobile application software which allows users to shop groceries online. The company gathers the grocery stores in town in the application and also provides doorstep delivery. The company was founded in 2013 and is based in Cairo, Egypt.

GoodsMart

GoodsMart raised $750000 on 2017-05-03 in Series A

Sakneen raised $1100000 on 2021-02-07 in Seed Round

Sakneen develops digital platform that helps users find available real estate options on the market and apply for the appropriate financing options. The company was founded in 2019 and is based in Cairo, Egypt.

Sakneen

Halan raised $4384000 on 2018-12-03 in Series A

Halan is a ride-hailing application that provides two and three-wheeler vehicle rides and on-demand logistics. The application also caters to businesses, offering smart-tech last-mile delivery through their integrated smart services using motorcycle and tricycles. It allows customers to request motorbike or tuk-tuk rides, or order food or goods for delivery via motorbikes or cargo tricycles.

Halan also offers on-demand logistics solutions to support large organizations and small businesses alike in their distribution and supply chain. It also provides convenience and safety, while for the driver it offers incremental business. The application has delivered partnerships with fast-food chains like McDonald’s, KFC and Pizza Hut in Egypt.

Halan was founded in November 2017 and is based in Cairo, Al Qahirah, Egypt.

Halan

Brimore raised $800000 on 2019-04-02 in Seed Round

FilKhedma raised $800000 on 2018-12-02 in Seed Round

FilKhedma.com, Inc., LLC offers plumbing, electricity, and carpentry repairs and maintenance services for homes and offices. The company provides booking process through its website or call center. It offers inspection, medium maintenance, heavy maintenance, and full day maintenance services. FilKhedma.com, Inc., LLC was founded in 2014 and is headquartered in New Cairo, Egypt.

FilKhedma

Khazna raised an undisclosed amount on 2020-03-08 in Seed Round

La Reina raised an undisclosed amount on 2020-09-28 in Seed Round

elmenus raised $1500000 on 2017-04-09 in Series A

Elmenus develops a food discovery platform. The application finds nearby restaurants and top dishes at each restaurant as rated by users. The company was founded in 2011 and is based in Cairo, Egypy additionally it has offices in Alexandria, El Mansoura, Sharm El Sheikh, Hurghada, El Gouna, El Ain El Sokhna, Ras Sudr, North Coast, Egypt.

elmenus

Halan raised $4500000 on 2018-11-03 in Series A

Orcas raised $500000 on 2019-06-11 in Seed Round

Eventtus raised $2000000 on 2017-11-16 in Series A

EVENTTUS, INC. operates a social network for events. It enables users to find interesting events, share their plans with friends, socialize during events, and meet new people. The company’s network also allows users to capture their event moments; and share photos, videos, and comments with friends. In addition, it offers various tools and services that enable users to organize and manage events. The company was founded in 2011 and is based in Cairo, Egypt.

EVENTTUS, INC.

Brimore raised $3500000 on 2020-05-12 in Seed Round

iCommunity raised $600000 on 2018-10-02 in Series A

Community is a community management platform that engages residents in a close gated community while supporting their needs. It is a direct communication tool for neighbors, their home owner association and the community management.  
By providing prompt facility & security services, useful information and interactive dialogue, the community comes to life as one active society.

iCommunity

Yodawy raised $1000000 on 2019-11-12 in Series A

Eventtus raised an undisclosed amount on 2020-04-13 in Venture Round

FilKhedma raised $300000 on 2017-09-10 in Seed Round

Trella raised $600000 on 2019-02-24 in Pre Seed Round

elmenus raised $8000000 on 2020-02-03 in Series B

Eventtus raised an undisclosed amount on 2016-05-19 in Venture Round