Algebra Ventures

Algebra Ventures is a venture capital firm based in Cairo, Egypt, specializing in early-stage investments within the technology sector, particularly in Fintech. Founded in 2015, the firm targets high-growth startups across the MENA region, with a preference for companies in Egypt, Jordan, Lebanon, the UAE, Tunisia, and Morocco. Algebra Ventures focuses on Series A and Series B funding rounds, although it is open to earlier-stage investments. The firm typically invests between $0.1 million and $4 million, seeking minority stakes of 15% to 30% in the companies it supports. Its investment strategy emphasizes technology-enabled businesses in areas such as e-commerce, online marketplaces, enterprise software, and digital technology, aiming to partner with passionate teams that demonstrate a unique value proposition and the potential for significant economic returns.

Tarek Asaad

Managing Partner

Tarek Assaad

Managing Partner & Co-Founder

Sharaf Hamid

Investment Associate

Karim Hussein

Managing Partner

Omar Khashaba

General Partner

Ziad Mokhtar

Co-Founder & Managing Partner

Past deals in Jordan

POSRocket

Venture Round in 2021
POSRocket is a company based in Amman, Jordan, founded in 2016, that specializes in developing cloud-based point-of-sale (POS) systems designed to assist various types of merchants, including restaurants, boutiques, coffee shops, bakeries, salons, spas, and dry cleaners. By replacing traditional cash registers, POSRocket offers an intuitive and user-friendly platform that enables business owners to manage and grow their operations effectively. The system allows users to optimize manpower resources, manage inventory, generate diverse sales reports, and monitor business activities in real-time from any device, empowering merchants to enhance operational efficiency and make informed decisions.

Dsquares

Series B in 2020
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

Venture Round in 2019
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.

Little Thinking Minds

Series A in 2018
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.

POSRocket

Venture Round in 2018
POSRocket is a company based in Amman, Jordan, founded in 2016, that specializes in developing cloud-based point-of-sale (POS) systems designed to assist various types of merchants, including restaurants, boutiques, coffee shops, bakeries, salons, spas, and dry cleaners. By replacing traditional cash registers, POSRocket offers an intuitive and user-friendly platform that enables business owners to manage and grow their operations effectively. The system allows users to optimize manpower resources, manage inventory, generate diverse sales reports, and monitor business activities in real-time from any device, empowering merchants to enhance operational efficiency and make informed decisions.