Arzan Venture Capital

Arzan Venture Capital, established in 2013 and based in Kuwait City, is a prominent venture capital firm focused on early-stage investments in technology startups with a regional emphasis on the MENA region. As one of the earliest venture capital firms in the area, Arzan VC has built a diverse portfolio comprising over 30 startups. The firm is dedicated to supporting young, fast-growing, and innovative tech teams, fostering long-lasting relationships with talented entrepreneurs from the region. With a commitment to nurturing early-stage ventures, Arzan Venture Capital plays a significant role in the development of the regional startup ecosystem.

Ali Zainal, Jasim Hasan

Founder and Managing Partner

Laith Zraikat

Partner

Past deals in Arab Countries

Gameball

Seed Round in 2023
Gameball triggers powerful human emotions, moving your customers through the entire user journey faster, and keeping you engaged with them at every step.

Khazenly

Seed Round in 2022
Khazenly is an on-demand digital warehousing and fulfillment management platform that provides an omnichannel solution to help merchants digitize their businesses.

Repzo

Convertible Note in 2022
Repzo is a mobile sales customer relationship management (CRM) application that transforms smartphones and tablets into effective field force management tools. The platform is designed to enhance field management by monitoring staff efficiency, assigning tasks, and providing real-time updates. This functionality allows managers to move away from traditional, paperwork-heavy methods of managing daily operations. By streamlining processes, Repzo significantly reduces the time required for order processing and distribution, thereby improving overall operational efficiency.

Haseel

Series A in 2022
The new concept to meet your needs of vegetables and fruits selects you the best crops and the best prices in a way that is consistent with your digital age.

Retailo

Series A in 2022
Retailo is a rapidly growing B2B marketplace focused on the retail supply chain in the MENAP region, headquartered in Riyadh, Saudi Arabia. Founded in July 2020 by former Careem executives, the company has quickly established itself by digitizing retail supply chains and serving over 35,000 active retailers. Retailo offers access to more than 2,000 stock-keeping units (SKUs) via its app, ensuring delivery within 24 hours of order placement. The company operates with a team of over 500 employees across multiple cities in the region, managing a vast network of warehouses that store inventory from numerous brands, many of which are direct partners. Retailo aims to simplify retail operations and enhance supply chain accessibility, with a vision to unlock the earning potential of 10 million small and medium-sized enterprises in the MENAP region and contribute positively to the local economy.

Merit Incentives

Series A in 2021
Merit Incentives specializes in enhancing customer and employee engagement through a comprehensive platform that incorporates innovative technologies. The company offers a range of services including customer loyalty programs, employee motivation strategies, sales incentives, and fulfillment of gifts and rewards. By focusing on program design and engagement strategies, Merit Incentives aims to strengthen client relationships and attract new customers in the MENA region.

Klaim

Seed Round in 2021
Klaim is a healthcare FinTech company that enhances cash flow for healthcare providers by offering rapid payment solutions. The company specializes in purchasing outstanding medical claims, allowing providers to receive immediate cash, which enables them to address operational expenses and focus on patient care without the burden of extensive paperwork. Klaim's platform utilizes artificial intelligence to streamline medical billing processes and predict cash flows, effectively minimizing revenue losses caused by delayed or rejected payments from insurance companies. By simplifying claim management and expediting payments, Klaim provides healthcare providers with the financial resources they need to operate efficiently.

Fatura

Seed Round in 2021
Fatura is a technology platform transforming the fast-moving consumer goods (FMCG) sector in Egypt and Africa since its inception in 2019. It serves as the first application to facilitate the entire FMCG traditional trade cycle, connecting manufacturers and wholesalers directly with retailers. By digitizing the ordering process, Fatura addresses critical challenges within the traditional FMCG framework, while also enhancing retailers' cash flow through the option of on-credit purchasing. The platform utilizes data analytics and advanced AI models to evaluate the creditworthiness of retailers efficiently. With a strong presence in Cairo and Giza, Fatura is positioned to become a leading technology provider in the FMCG industry across the region, helping to correct supply-side inefficiencies and providing valuable market intelligence.

Retailo

Seed Round in 2021
Retailo is a rapidly growing B2B marketplace focused on the retail supply chain in the MENAP region, headquartered in Riyadh, Saudi Arabia. Founded in July 2020 by former Careem executives, the company has quickly established itself by digitizing retail supply chains and serving over 35,000 active retailers. Retailo offers access to more than 2,000 stock-keeping units (SKUs) via its app, ensuring delivery within 24 hours of order placement. The company operates with a team of over 500 employees across multiple cities in the region, managing a vast network of warehouses that store inventory from numerous brands, many of which are direct partners. Retailo aims to simplify retail operations and enhance supply chain accessibility, with a vision to unlock the earning potential of 10 million small and medium-sized enterprises in the MENAP region and contribute positively to the local economy.

Carseer

Seed Round in 2021
Carseer is a vehicle history reporting platform that provides users with comprehensive vehicle history reports, helping them make informed decisions when purchasing new or used cars. The platform aggregates data from various sources, including automotive agencies, government departments, and insurance companies, to deliver accurate information and protect customers from fraud related to misleading vehicle information. By facilitating access to reliable vehicle data, Carseer aims to enhance the transparency of the used car market.

Zid زد

Series A in 2021
Zid is an e-commerce in a box - solution that any retailer can use to start their eRetail. Zid helps them to build their own eStores (with their own name and identity) and integrates them with the supply chain players to enable them to manage and with ease. The company aims to enable the retail sector to enter the world of electronic retail in an easy and professional. Zid was founded in 2017 and based in Riyadh, Ar Riyad, Saudi Arabia.

FlexxPay

Seed Round in 2021
FlexxPay offers an online platform to employers whose employees can access their earned salaries & commissions instantly, before the regular payday.​ We provide an instant pay platform allowing employees to access a portion of already earned salaries whenever needed, thus ending financial stress.

Cartlow

Seed Round in 2020
Cartlow is an online marketplace based in Dubai, United Arab Emirates, that specializes in the buying and selling of refurbished, open-box, and certified goods. Founded in 2019, the platform caters to both individual users and businesses by offering a wide range of products, including apparel, electronics, home appliances, and cosmetics. Cartlow focuses on creating a circular economy by implementing advanced reverse logistics management and buyback programs, ensuring that used products are inspected, tested, and certified before resale. This approach not only promotes sustainable practices but also allows customers to access affordable, quality products while enabling sellers to find suitable deals for their used items.

Subsbase

Pre Seed Round in 2020
SubsBase is a cloud-based platform that specializes in subscription and billing management for businesses operating on a recurring revenue model. It offers a comprehensive suite of operational, analytics, and billing tools designed to simplify the management of subscriber lifecycles. By automating tasks related to payment processing, subscription management, and invoicing, SubsBase enables businesses to tailor their offerings, including plans and pricing, to meet specific customer needs. This user-friendly platform enhances operational efficiency, allowing companies to focus on their core products and services while effectively managing their subscriber base.

iKcon

Seed Round in 2020
iKcon, founded in 2019 and based in Dubai, operates a network of cloud kitchens across the MENA region. The company specializes in procuring, cooking, and delivering food for various restaurants and brand owners, effectively extending their market reach. iKcon's smart kitchen facilities are equipped with advanced technology and staffed by trained chefs and customer service teams, ensuring efficient operations and high-quality food preparation. The infrastructure of iKcon includes procurement and storage facilities, central production units, and customer service centers, allowing clients to streamline their operations while focusing on customer relationships and brand development.

FittiCoin

Pre Seed Round in 2020
FittiCoin app tracks your steps and your body activity, and converts these steps to coins. You can use these coins to get rewards, offers and hot deals from our amazing partners who are keen to support healthy and fitness lifestyle.

Crowd Analyzer

Series A in 2019
The 1st media and digital crowd monitoring, analytics and activation by which brands and agencies can understand people's opinions on social, analyze their content, ask them questions, and incentive them to do digital actions.

Repzo

Seed Round in 2019
Repzo is a mobile sales customer relationship management (CRM) application that transforms smartphones and tablets into effective field force management tools. The platform is designed to enhance field management by monitoring staff efficiency, assigning tasks, and providing real-time updates. This functionality allows managers to move away from traditional, paperwork-heavy methods of managing daily operations. By streamlining processes, Repzo significantly reduces the time required for order processing and distribution, thereby improving overall operational efficiency.

Zid زد

Seed Round in 2019
Zid is an e-commerce in a box - solution that any retailer can use to start their eRetail. Zid helps them to build their own eStores (with their own name and identity) and integrates them with the supply chain players to enable them to manage and with ease. The company aims to enable the retail sector to enter the world of electronic retail in an easy and professional. Zid was founded in 2017 and based in Riyadh, Ar Riyad, Saudi Arabia.

Inagrab

Seed Round in 2019
Inagrab, Inc. is a data analytics and market intelligence company that focuses on enhancing the sales performance of online retailers through its innovative platform, Dalooni. Founded in 2017 and based in Lewes, Delaware, Inagrab connects businesses with a sales force comprised of everyday individuals, providing them with opportunities to earn income while supporting business development. The platform allows users to track sales performance, access valuable data insights, and generate leads effectively. Additionally, Inagrab offers marketing consulting services, further assisting businesses in optimizing their growth and operational strategies. By leveraging this unique model, Inagrab not only helps businesses thrive but also empowers unemployed youth in the MENA region with new income opportunities.

paymennt.com

Seed Round in 2019
Paymennt is a mobile-first payments platform that facilitates online and in-person transactions, as well as payments through links. It primarily serves micro and small businesses, emphasizing simplicity and efficiency in its payment solutions. Originally founded as PointCheckout Holding Company Ltd in 2017, the company is headquartered in Dubai, United Arab Emirates, with an additional office in Amman, Jordan. It specializes in providing an online payment gateway that allows users to redeem and spend loyalty points and miles.

MUNCH:ON

Series A in 2019
MUNCH:ON is a food tech startup that has cracked the subscription space in the UAE & KSA, focusing on offering meals from the best restaurants at a significant discount and with free delivery. The company has invested heavily in its scheduling, bundling and order prediction software which has enabled it to achieve massive cost savings for its restaurant partners that they then pass on to their users, often offering up to a 55% discount vs. restaurants' regular price. Whether it's employees ordering from their company's curated menu or users ordering for their families at home, the platform takes the usual hassle and cost out of food delivery in a financially (and environmentally) sustainable manner for all stakeholders

TruKKer

Seed Round in 2018
TruKKer is a technology-enabled truck aggregator founded in 2016 and based in Abu Dhabi, UAE. The company operates a logistics and fleet management platform that simplifies road freight and logistics operations by connecting shippers with available trucks in real-time. This integration of supply and demand enhances asset utilization, reduces transportation costs, and provides reliable cross-border services. TruKKer's cloud-based freight solutions offer comprehensive coverage and a full-service portfolio for shippers, carriers, and businesses, leveraging real-time data analytics to ensure transparency and efficiency. The company’s rapid growth has opened up opportunities for data monetization and consolidated procurement, further solidifying its position in the logistics market.

Crowd Analyzer

Seed Round in 2018
The 1st media and digital crowd monitoring, analytics and activation by which brands and agencies can understand people's opinions on social, analyze their content, ask them questions, and incentive them to do digital actions.

POSRocket

Venture Round in 2018
POSRocket, founded in 2016 and based in Amman, Jordan, offers a cloud-based point-of-sale (POS) system designed to replace traditional cash registers. The platform is user-friendly and caters to a diverse range of businesses, including restaurants, boutique shops, coffee shops, bakeries, salons, spas, and dry cleaners. POSRocket's solution helps clients manage and grow their operations by optimizing manpower resources, regulating inventory, and generating various sales reports. This technology allows business owners to monitor their operations in real-time from any device, enabling smarter decision-making and enhanced operational efficiency.

Reportcard

Seed Round in 2018
They are a small hard-working team bringing innovation to every educator. Whether you are a boutique performing arts academy or a consortium of schools; they are committed to help you leverage technology and data analytics, economically, to bring in efficiencies in your day to day operations and overall management. For your students, they strive to be an intelligence layer that identifies and highlights their strengths and improvement areas, through closer monitoring of progress. They present this in beautiful reports to help you personalise your teaching style and for your students to better engage with their classes.

Qoyod

Seed Round in 2018
Qoyod.com is a web-based accounting solution that targets KSA based-SMEs. Users can seamlessly issue invoices and manage expenses/budgets while automatically recording corresponding journal entries (i.e., Qoyod/قيود in Arabic). Users are also able to populate their financial statements and business reports for both commercial and statutory requirements within KSA.

Shieldfy

Seed Round in 2018
They are a group of passionated developers and security experts come together to achieve a dream.They believe that evey one has the right to be safe and every one has the right to access to the information in an easy way without fear of being hacked or exposed.But today risks become more aggressive and more wild . so they decided to do something about it.They started Shieldfy as a ambitious project dedicated for provide developers, startups and businesses with the tools and informations they need to be secure and provide the proper level of safety to its user and soon to every internet user exists as they hope.

Swvl

Series A in 2018
Swvl, LLC is a mobility company that offers an application enabling users to book fixed-route bus and van trips at affordable rates. Launched in 2017 and headquartered in Dubai, the app allows customers to reserve rides on underutilized buses during peak commuting hours without surge pricing. Swvl operates in several countries, including Egypt, Kenya, and Pakistan, providing a reliable alternative to traditional public transportation and ridesharing services. The company's primary focus is on creating a cost-effective, safe, and environmentally friendly mass transit solution, allowing commuters to travel between designated pick-up points within cities using its technology-driven platform.

ARMADA DELIVERY SOLUTIONS

Seed Round in 2018
Armada Delivery Solutions is a technology company based in Kuwait City, Kuwait, specializing in on-demand and crowd-sourced delivery solutions. Founded in 2016, the company offers a marketplace for last-mile delivery services, connecting businesses with a network of freelance and professional couriers through its web-based logistics platform. This platform includes a logistics API and an enterprise fleet management solution, aiding local businesses in efficiently managing their delivery needs. Additionally, Armada provides a mobile application for courier agents to organize their schedules and orders, enhancing the overall delivery process and reducing delivery times. The company primarily targets local businesses seeking flexible delivery options and individuals with cars looking to earn extra income.

TruKKer

Seed Round in 2017
TruKKer is a technology-enabled truck aggregator founded in 2016 and based in Abu Dhabi, UAE. The company operates a logistics and fleet management platform that simplifies road freight and logistics operations by connecting shippers with available trucks in real-time. This integration of supply and demand enhances asset utilization, reduces transportation costs, and provides reliable cross-border services. TruKKer's cloud-based freight solutions offer comprehensive coverage and a full-service portfolio for shippers, carriers, and businesses, leveraging real-time data analytics to ensure transparency and efficiency. The company’s rapid growth has opened up opportunities for data monetization and consolidated procurement, further solidifying its position in the logistics market.

POSRocket

Seed Round in 2017
POSRocket, founded in 2016 and based in Amman, Jordan, offers a cloud-based point-of-sale (POS) system designed to replace traditional cash registers. The platform is user-friendly and caters to a diverse range of businesses, including restaurants, boutique shops, coffee shops, bakeries, salons, spas, and dry cleaners. POSRocket's solution helps clients manage and grow their operations by optimizing manpower resources, regulating inventory, and generating various sales reports. This technology allows business owners to monitor their operations in real-time from any device, enabling smarter decision-making and enhanced operational efficiency.

MUNCH:ON

Seed Round in 2016
MUNCH:ON is a food tech startup that has cracked the subscription space in the UAE & KSA, focusing on offering meals from the best restaurants at a significant discount and with free delivery. The company has invested heavily in its scheduling, bundling and order prediction software which has enabled it to achieve massive cost savings for its restaurant partners that they then pass on to their users, often offering up to a 55% discount vs. restaurants' regular price. Whether it's employees ordering from their company's curated menu or users ordering for their families at home, the platform takes the usual hassle and cost out of food delivery in a financially (and environmentally) sustainable manner for all stakeholders

The Luxury Closet

Series B in 2016
The Luxury Closet is a fast growing online market platform that buys, sells, and consigns luxury items, mostly pre-owned, at a discounted price maintaining brand and item integrity and the assurance of authenticity. The Luxury Closet is the first of its kind in the GCC region in terms of size, market reach and scalability. It has achieved massive traction in a short period of time, and double digit monthly growth.

Wrappup

Seed Round in 2016
Wrappup uses AI to auto-summarize your meetings, declaring war on pens everywhere! The platform uses a combination Speech Analysis, NLP, and Deep Learning models to identify important moments in discussion. Just invite lucy@wrappup.ai to your next call, and she’ll listen for keywords like “follow-up” or “next steps” to generate all the action items for you. Users can train the system with their own set of keyword triggers and vocabulary, making Lucy smarter and smarter as she grows!

boxit.co

Seed Round in 2016
Boxit is a platform that connects people who need extra space to store their personal items with reputable logistics companies who has spare space to store them . Boxit is a technological platform that connects people who need extra space to store their personal items with reputable logistic companies that wish to share their extra storage space and can take care of the transportation

Careem

Series C in 2015
Careem is a car booking platform that connects passengers with local drivers, facilitating quick and convenient transportation services. The platform allows users to request rides in minutes, view the fare upfront, and pay using their preferred credit card. By creating a marketplace of community drivers, Careem enhances access to affordable transportation options, catering to the needs of passengers seeking efficient travel solutions.
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