BECO Capital

BECO Fund I, managed by BECO Capital, is an early-stage venture capital fund based in Dubai, United Arab Emirates. Founded in 2012, the fund focuses on investing in technology startups within the Middle East and North Africa (MENA) region, particularly in sectors such as mobile services, software as a service (SaaS), and internet technologies. BECO Fund I typically invests between $0.25 million and $3 million in single funding rounds, targeting small to medium-sized enterprises. The firm seeks to partner with socially responsible companies that have early adopter users and some revenue generation, even if limited. In addition to financial investment, BECO Fund I provides hands-on operational mentorship to its portfolio companies, enhancing their growth potential and overall success.

Karim Abadir

Investment Principal

Dany Farha

Co-Founder, CEO and Managing Partner

Yousef Hammad

Managing Partner

Mokhtar Ibrahim

Investment Principal

Abdulaziz Sagha

General Partner

Felix Zimmermann

CFO

76 past transactions

Kemet Trading

Seed Round in 2022
Kemet Trading provides institutional-grade infrastructure for digital asset derivatives trading; optimizing access to liquidity, data, trade execution and post-trade workflows.

Dukkantek

Seed Round in 2022
Dukkantek provides digital transformation services to improve business processes. It offers online solutions to assist with managing and marketing strategies of companies. Dukkantek is based in Dubai, UAE.

Supy

Seed Round in 2022
Supy is a B2B food marketplace designed to streamline the ordering process for restaurants of all sizes. The company's platform serves as an order processing system that enhances communication between restaurants and their suppliers. By enabling restaurants to place orders through a single interface, Supy simplifies the procurement process. Additionally, the platform provides real-time insights that assist restaurants in making informed purchasing decisions, helping them minimize waste and reduce costs. This innovative approach aims to improve efficiency and effectiveness in the food supply chain for the restaurant industry.
Nas Academy is focused on building the world's best school for creators! We offer a range of courses that help creators learn new skills, connect with each other and monetize their presence. Headquartered in Singapore and having already achieved over 6 billion views on the Founder's pages, we offer a range of courses that cover the new-age skills required to tackle the changing job and media landscape. Ranging from the "Art of Storytelling", to social media platform specific courses to just teaching "confidence" on camera - you can find courses that are all LIVE, taught by world-class trainers and highly interactive by design. Check us out at nas.academy

NorthLadder

Convertible Note in 2022
North Ladder is an online B2C (and B2B) portal that brings sellers of personal items to the ‘best priced’ and geographically closest buyer with the additional optionality for the seller to ‘buyback’ their item in the near future.

Tribal Capital Markets

Initial Coin Offering in 2022
Tribal Capital Markets, LLC is a full-service financial services firm and a Certified Minority Business Enterprise, organized under the Morongo Band of Mission Indians, with its headquarters in New York City. It operates as a wholly owned subsidiary of Tribal Capital Partners, LLC. Established in 1995, Tribal Capital Markets offers a comprehensive range of services including mortgage-backed securities trading, municipal debt, debt capital markets, investment banking, and equity and fixed-income trading. The firm serves a diverse clientele, including banks, corporations, asset managers, pension plans, municipalities, and hedge funds. With a team of experienced professionals, Tribal Capital Markets is equipped to deliver investment solutions that address the liquidity and execution needs of its clients in the evolving market landscape.

Wisewell

Pre Seed Round in 2022
Wisewell is a clean water technology company focused on sustainability and enhancing access to high-quality drinking water. The company has developed an innovative water purifying machine that utilizes reverse osmosis and UV technologies to effectively remove a wide range of contaminants, including forever chemicals and microplastics, from tap water. This installation-free system not only purifies the water but also incorporates a filter that adds essential minerals, ensuring that users receive clean and mineral-rich drinking water with minimal effort.

Invact Metaversity

Seed Round in 2022
Invact high-quality, virtually immersive learning experiences for everyone, delivered at the best price to them wherever they are.

Hubpay

Series A in 2022
Hubpay Technologies Ltd. operates Hubpay, a digital wallet designed for facilitating low-cost remittances and international bill payments in the United Arab Emirates. Founded in 2019 and based in Dubai, the platform aims to enhance financial inclusion in emerging markets by supporting both the remittance and mobile money sectors. Hubpay provides a user-friendly solution for individuals sending and receiving money, contributing to easier access to financial services in the region.

Thndr

Series A in 2022
Thndr is a financial services company that operates an app-based investment platform. It comes with 0% commission, no account minimum, access to market data, easy account setup, and funding processes. Users can also get access to the latest news, market data, and other educational tools. Seif Amr established the company in 2020 in Cairo, Al Qahirah, Egypt.

Tribal

Series B in 2022
Aingel is an analytics platform that leverages artificial intelligence to identify promising startups and connect them with suitable venture capitalists. The platform features an interactive dashboard and a VC match report that assesses both startups and investors based on over one hundred criteria, incorporating historical data to enhance investment decision-making. By facilitating faster fundraising, Aingel aligns founders with investors who are most likely to provide value and show interest in their business ideas. The platform is utilized by leading data-driven venture capital firms, banks, and fintech companies through its APIs, which streamline the process of startup discovery and analysis. Established in 2016, Aingel is headquartered in San Jose, California.

Sympl

Seed Round in 2021
Developer of a financial application designed to offer customers the flexibility to shop now and pay over time. The company's platform helps merchants sell products and services directly to people on short-term, interest-free repayment plans, enabling e-retailers to boost sales volumes and conversion rates.

RemotePass

Seed Round in 2021
Developer of an employer-of-record platform designed to help companies hire, onboard, and pay remote workers. The company's platform can automate invoicing after each payment, multiple currencies that allow receiving money over multiple currencies, early pay that gets automatically deducted from the next pay, and customer support, enabling businesses with full compliance to hire, onboard, and pay their global team.

Abwaab

Series A in 2021
Abwaab is an online learning platform that allows secondary-school students in MENA to learn at their own pace, test themselves and get ahead with our expert tutors anytime and anywhere. By offering short, engaging video lessons, visualized learning journeys, continuous assessment and performance analytics, we are changing the way students learn outside the classroom.

CoinMENA

Seed Round in 2021
Operator of a crypto-assets trading platform intended to provide a safe and easy way to buy and sell digital assets. The company's exchange platform offers retail and institutional clients to buy and sell cryptocurrencies and tokens and also offers news and updates on the crypto space, enabling investors to participate in the digital economy in an efficient way.

MaxAB

Series A in 2021
MaxAB is a B2B e-commerce marketplace based in Cairo, Egypt, that connects food and grocery retailers with suppliers, particularly in underserved areas. Founded in 2018, the company leverages data-driven technologies and advanced supply chain solutions to streamline the food and grocery market. MaxAB aims to empower retailers by providing access to a diverse range of products, premium service, and operational support. Its technology-driven logistics network ensures efficient distribution, delivering the right amount of food to the right locations at the right time, thereby reducing costs and improving the procurement and delivery process for retailers.

MaxAB

Series A in 2021
MaxAB is a B2B e-commerce marketplace based in Cairo, Egypt, that connects food and grocery retailers with suppliers, particularly in underserved areas. Founded in 2018, the company leverages data-driven technologies and advanced supply chain solutions to streamline the food and grocery market. MaxAB aims to empower retailers by providing access to a diverse range of products, premium service, and operational support. Its technology-driven logistics network ensures efficient distribution, delivering the right amount of food to the right locations at the right time, thereby reducing costs and improving the procurement and delivery process for retailers.

Taager

Seed Round in 2021
Taager is a social e-commerce platform designed to support online merchants by offering end-to-end logistics solutions. It leverages technology, artificial intelligence, and data science to assist small and medium-sized sellers in launching and expanding their businesses. By facilitating the scaling of high-margin products, Taager enables entrepreneurs to concentrate on their core operations while providing essential services such as logistics and financing. This comprehensive approach aims to empower business owners to realize their growth potential effectively.

MaxAB

Series A in 2021
MaxAB is a B2B e-commerce marketplace based in Cairo, Egypt, that connects food and grocery retailers with suppliers, particularly in underserved areas. Founded in 2018, the company leverages data-driven technologies and advanced supply chain solutions to streamline the food and grocery market. MaxAB aims to empower retailers by providing access to a diverse range of products, premium service, and operational support. Its technology-driven logistics network ensures efficient distribution, delivering the right amount of food to the right locations at the right time, thereby reducing costs and improving the procurement and delivery process for retailers.

Proximie

Series B in 2021
Proximie Inc., based in Bedford, Massachusetts, offers a secure software platform that facilitates virtual surgical collaboration among surgeons. By leveraging advanced telecommunication, augmented reality, artificial intelligence, and machine learning technologies, Proximie's platform enables real-time, peer-to-peer assistance during surgeries, regardless of location. This innovative approach allows surgeons to share expertise before, during, and after procedures, effectively overcoming the barriers of time and distance. Furthermore, the platform is compatible with various devices and software used in operating rooms, allowing for seamless integration and interaction. Proximie's mission is to enhance surgical knowledge and skills, enabling surgeons to refine their techniques in diverse settings, even with limited bandwidth.

Tribal

Series A in 2021
Aingel is an analytics platform that leverages artificial intelligence to identify promising startups and connect them with suitable venture capitalists. The platform features an interactive dashboard and a VC match report that assesses both startups and investors based on over one hundred criteria, incorporating historical data to enhance investment decision-making. By facilitating faster fundraising, Aingel aligns founders with investors who are most likely to provide value and show interest in their business ideas. The platform is utilized by leading data-driven venture capital firms, banks, and fintech companies through its APIs, which streamline the process of startup discovery and analysis. Established in 2016, Aingel is headquartered in San Jose, California.

Abwaab

Seed Round in 2021
Abwaab is an online learning platform that allows secondary-school students in MENA to learn at their own pace, test themselves and get ahead with our expert tutors anytime and anywhere. By offering short, engaging video lessons, visualized learning journeys, continuous assessment and performance analytics, we are changing the way students learn outside the classroom.

Nowpay

Seed Round in 2021
NowPay, Inc. is a fintech company based in Cairo, Egypt, founded in 2018. It operates an online platform aimed at enhancing the financial wellness of corporate employees. The platform provides personal finance management services, enabling users to manage savings, spending, budgeting, and borrowing. Through a mobile application, employees can access detailed information about their salaries, account balances, and eligible loan amounts. NowPay collaborates with employers to offer advance salary payments, allowing employees to receive part of their salaries at any point during the month and repay over multiple months without incurring liabilities. This service not only supports employees in times of financial need but also aims to enhance overall employee satisfaction, productivity, and loyalty within organizations.

NorthLadder

Series A in 2021
North Ladder is an online B2C (and B2B) portal that brings sellers of personal items to the ‘best priced’ and geographically closest buyer with the additional optionality for the seller to ‘buyback’ their item in the near future.

Nowpay

Seed Round in 2020
NowPay, Inc. is a fintech company based in Cairo, Egypt, founded in 2018. It operates an online platform aimed at enhancing the financial wellness of corporate employees. The platform provides personal finance management services, enabling users to manage savings, spending, budgeting, and borrowing. Through a mobile application, employees can access detailed information about their salaries, account balances, and eligible loan amounts. NowPay collaborates with employers to offer advance salary payments, allowing employees to receive part of their salaries at any point during the month and repay over multiple months without incurring liabilities. This service not only supports employees in times of financial need but also aims to enhance overall employee satisfaction, productivity, and loyalty within organizations.

Nowpay

Seed Round in 2020
NowPay, Inc. is a fintech company based in Cairo, Egypt, founded in 2018. It operates an online platform aimed at enhancing the financial wellness of corporate employees. The platform provides personal finance management services, enabling users to manage savings, spending, budgeting, and borrowing. Through a mobile application, employees can access detailed information about their salaries, account balances, and eligible loan amounts. NowPay collaborates with employers to offer advance salary payments, allowing employees to receive part of their salaries at any point during the month and repay over multiple months without incurring liabilities. This service not only supports employees in times of financial need but also aims to enhance overall employee satisfaction, productivity, and loyalty within organizations.

Fetchr

Series C in 2020
Fetchr is a logistics and shipment service provider that aids local merchants and global brands in establishing and expanding profitable eCommerce businesses. By leveraging proprietary technology, Fetchr addresses the challenge of delivering packages in regions lacking physical addresses, particularly in emerging markets. The company employs mobile applications and GPS technology to accurately locate users, facilitating faster and more efficient deliveries. Additionally, Fetchr utilizes predictive analytics and machine learning to optimize courier operations, streamlining both domestic and international shipments. This innovative approach enables clients to easily and quickly ship goods and products worldwide.

Wahed

Venture Round in 2020
Wahed Invest is the UK’s first Halal online investment platform, allowing savers from all income brackets to easily invest in a globally diversified portfolio of ethically responsible stocks, Islamic bonds and gold. Designed specifically for the Islamic community, Wahed’s investment portfolios are approved by an Ethical Review Board, enabling Muslims to feel confident that their investments are ethically sound and Halal.

Vezeeta

Series D in 2020
Vezeeta is a digital healthcare platform based in Heliopolis, Egypt, that connects patients with healthcare providers across the Middle East and Africa. Founded in 2011, the platform allows patients to search, compare, book, and review healthcare services in countries such as Egypt, Saudi Arabia, Jordan, and Lebanon. With over 200,000 verified reviews, users can quickly find and schedule appointments with doctors, enhancing their access to quality healthcare. Additionally, Vezeeta offers innovative software solutions for healthcare providers, facilitating efficient clinic management and improving the overall patient experience. The platform aims to empower millions of patients by leveraging data to create better healthcare accessibility in the region.

Marti

Series A in 2019
Marti Technologies Inc. is a micro-mobility company based in Istanbul, Turkey, that focuses on providing electric vehicles for local transportation in the MENA region and Eastern Europe. Established in 2018, Marti operates a fleet of over 48,000 electric mopeds, e-bikes, and e-scooters. The company utilizes proprietary software systems and IoT infrastructure to manage its operations efficiently, aiming to enhance urban mobility and accessibility in the areas it serves.

Dapi

Seed Round in 2019
Dapi Ltd is a fintech company that specializes in developing application programming interfaces (APIs) to facilitate payments between consumer bank accounts and businesses. Founded in 2019 and headquartered in Abu Dhabi, the company provides a suite of open banking APIs designed to connect customer bank accounts, initiate payments, and access financial data in real-time. Dapi acts as an intermediary between financial applications and banks, enabling developers to create solutions such as digital wallets, budget trackers, and investment applications. Its services allow fintech companies to initiate payments through banks and offer financial services based on customer bank statement data. Dapi operates in multiple countries, including the United States, Saudi Arabia, Egypt, Pakistan, South Africa, and Kuwait, and has demonstrated significant demand for its offerings, achieving substantial growth in annual recurring revenue.

Tribal

Seed Round in 2019
Aingel is an analytics platform that leverages artificial intelligence to identify promising startups and connect them with suitable venture capitalists. The platform features an interactive dashboard and a VC match report that assesses both startups and investors based on over one hundred criteria, incorporating historical data to enhance investment decision-making. By facilitating faster fundraising, Aingel aligns founders with investors who are most likely to provide value and show interest in their business ideas. The platform is utilized by leading data-driven venture capital firms, banks, and fintech companies through its APIs, which streamline the process of startup discovery and analysis. Established in 2016, Aingel is headquartered in San Jose, California.

Kitopi

Series B in 2019
Kitopi Catering Services LLC is a managed cloud kitchen platform that collaborates with restaurants to enhance their delivery capabilities. Founded in 2018 and headquartered in New York, the company offers the necessary infrastructure and software for restaurants to establish delivery-only locations without significant capital investment or time constraints. Kitopi's in-house suite of applications streamlines kitchen operations in real-time, supporting ghost kitchens across various cities, including Dubai, Abu Dhabi, London, Kuwait, Riyadh, and New York. By providing management services, delivery management, and access to trained staff, Kitopi enables restaurateurs to efficiently operate and manage their delivery-only establishments. The platform aims to make food more affordable and accessible to consumers.

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.

Fresha

Series B in 2019
Fresha is a SaaS-enabled marketplace platform for beauty and wellness industry. The platform takes the hassle out of running a business by managing appointment bookings, point-of-sale, customer records, human resources, inventory, and financial reporting. The consumer marketplace unlocks revenue potential for merchants by leveraging the power of online bookings and automated marketing through mobile apps and integrations to Instagram, Facebook and Google.

MaxAB

Seed Round in 2019
MaxAB is a B2B e-commerce marketplace based in Cairo, Egypt, that connects food and grocery retailers with suppliers, particularly in underserved areas. Founded in 2018, the company leverages data-driven technologies and advanced supply chain solutions to streamline the food and grocery market. MaxAB aims to empower retailers by providing access to a diverse range of products, premium service, and operational support. Its technology-driven logistics network ensures efficient distribution, delivering the right amount of food to the right locations at the right time, thereby reducing costs and improving the procurement and delivery process for retailers.

Tribal

Seed Round in 2019
Aingel is an analytics platform that leverages artificial intelligence to identify promising startups and connect them with suitable venture capitalists. The platform features an interactive dashboard and a VC match report that assesses both startups and investors based on over one hundred criteria, incorporating historical data to enhance investment decision-making. By facilitating faster fundraising, Aingel aligns founders with investors who are most likely to provide value and show interest in their business ideas. The platform is utilized by leading data-driven venture capital firms, banks, and fintech companies through its APIs, which streamline the process of startup discovery and analysis. Established in 2016, Aingel is headquartered in San Jose, California.

Marti

Series A in 2019
Marti Technologies Inc. is a micro-mobility company based in Istanbul, Turkey, that focuses on providing electric vehicles for local transportation in the MENA region and Eastern Europe. Established in 2018, Marti operates a fleet of over 48,000 electric mopeds, e-bikes, and e-scooters. The company utilizes proprietary software systems and IoT infrastructure to manage its operations efficiently, aiming to enhance urban mobility and accessibility in the areas it serves.

Swvl

Series B in 2019
Swvl, LLC is a technology-driven mobility company that offers an application for booking fixed-route bus trips, primarily operating in Egypt, Kenya, and Pakistan. Founded in 2017 and based in Cairo, Swvl provides a premium mass transit system that connects neighborhoods with accessible bus and van rides during peak commuting hours. Users can book rides at a flat fare, ensuring affordability without surge pricing. The company's core service includes a network of minibuses and other vehicles that operate along predetermined routes, allowing commuters to reserve rides through its mobile application. Swvl aims to provide a reliable, cost-effective, and environmentally responsible alternative to traditional public transportation and ridesharing options.

Swvl

Series B in 2019
Swvl, LLC is a technology-driven mobility company that offers an application for booking fixed-route bus trips, primarily operating in Egypt, Kenya, and Pakistan. Founded in 2017 and based in Cairo, Swvl provides a premium mass transit system that connects neighborhoods with accessible bus and van rides during peak commuting hours. Users can book rides at a flat fare, ensuring affordability without surge pricing. The company's core service includes a network of minibuses and other vehicles that operate along predetermined routes, allowing commuters to reserve rides through its mobile application. Swvl aims to provide a reliable, cost-effective, and environmentally responsible alternative to traditional public transportation and ridesharing options.

Floranow

Series A in 2019
Floranow.com operates as an online floral market. The company offers cut flowers from selected growers in Holland, Kenya and Thailand to flower shops, hotels and event organizers across the GCC and Jordan. Floranow.com was founded in 2016 and is based in Dubai, United Arab Emirates.

Fresha

Series B in 2019
Fresha is a SaaS-enabled marketplace platform for beauty and wellness industry. The platform takes the hassle out of running a business by managing appointment bookings, point-of-sale, customer records, human resources, inventory, and financial reporting. The consumer marketplace unlocks revenue potential for merchants by leveraging the power of online bookings and automated marketing through mobile apps and integrations to Instagram, Facebook and Google.

Proximie

Series A in 2019
Proximie Inc., based in Bedford, Massachusetts, offers a secure software platform that facilitates virtual surgical collaboration among surgeons. By leveraging advanced telecommunication, augmented reality, artificial intelligence, and machine learning technologies, Proximie's platform enables real-time, peer-to-peer assistance during surgeries, regardless of location. This innovative approach allows surgeons to share expertise before, during, and after procedures, effectively overcoming the barriers of time and distance. Furthermore, the platform is compatible with various devices and software used in operating rooms, allowing for seamless integration and interaction. Proximie's mission is to enhance surgical knowledge and skills, enabling surgeons to refine their techniques in diverse settings, even with limited bandwidth.

Kitopi

Series A in 2018
Kitopi Catering Services LLC is a managed cloud kitchen platform that collaborates with restaurants to enhance their delivery capabilities. Founded in 2018 and headquartered in New York, the company offers the necessary infrastructure and software for restaurants to establish delivery-only locations without significant capital investment or time constraints. Kitopi's in-house suite of applications streamlines kitchen operations in real-time, supporting ghost kitchens across various cities, including Dubai, Abu Dhabi, London, Kuwait, Riyadh, and New York. By providing management services, delivery management, and access to trained staff, Kitopi enables restaurateurs to efficiently operate and manage their delivery-only establishments. The platform aims to make food more affordable and accessible to consumers.

Swvl

Series B in 2018
Swvl, LLC is a technology-driven mobility company that offers an application for booking fixed-route bus trips, primarily operating in Egypt, Kenya, and Pakistan. Founded in 2017 and based in Cairo, Swvl provides a premium mass transit system that connects neighborhoods with accessible bus and van rides during peak commuting hours. Users can book rides at a flat fare, ensuring affordability without surge pricing. The company's core service includes a network of minibuses and other vehicles that operate along predetermined routes, allowing commuters to reserve rides through its mobile application. Swvl aims to provide a reliable, cost-effective, and environmentally responsible alternative to traditional public transportation and ridesharing options.

Wahed

Seed Round in 2018
Wahed Invest is the UK’s first Halal online investment platform, allowing savers from all income brackets to easily invest in a globally diversified portfolio of ethically responsible stocks, Islamic bonds and gold. Designed specifically for the Islamic community, Wahed’s investment portfolios are approved by an Ethical Review Board, enabling Muslims to feel confident that their investments are ethically sound and Halal.

Vezeeta

Series C in 2018
Vezeeta is a digital healthcare platform based in Heliopolis, Egypt, that connects patients with healthcare providers across the Middle East and Africa. Founded in 2011, the platform allows patients to search, compare, book, and review healthcare services in countries such as Egypt, Saudi Arabia, Jordan, and Lebanon. With over 200,000 verified reviews, users can quickly find and schedule appointments with doctors, enhancing their access to quality healthcare. Additionally, Vezeeta offers innovative software solutions for healthcare providers, facilitating efficient clinic management and improving the overall patient experience. The platform aims to empower millions of patients by leveraging data to create better healthcare accessibility in the region.

MYKI

Series A in 2018
MYKI is security start up that secures and manages password and sensitive information online for Individuals and teams. The MYKI Offline Password Manager & Authenticator is the first offline password manager that offers the convenience of a cloud connected one. MYKI stores passwords, Two-Factor Authentication (2FA) secrets, payment cards, secure notes and government IDs offline in a cloud-less manner. You can pair the MYKI app with the MYKI browser extension on Mac, Linux and Windows. The MYKI extension is available on Chrome, Safari, Firefox, Edge and Opera. The MYKI app automatically syncs with paired extensions in a P2P encrypted manner allowing MYKI to save and autofill your data on your phone as well as on computer. MYKI can also manage and autofill Two-Factor Authentication (2FA) tokens on your phone as well as on computers.

Kitopi

Seed Round in 2018
Kitopi Catering Services LLC is a managed cloud kitchen platform that collaborates with restaurants to enhance their delivery capabilities. Founded in 2018 and headquartered in New York, the company offers the necessary infrastructure and software for restaurants to establish delivery-only locations without significant capital investment or time constraints. Kitopi's in-house suite of applications streamlines kitchen operations in real-time, supporting ghost kitchens across various cities, including Dubai, Abu Dhabi, London, Kuwait, Riyadh, and New York. By providing management services, delivery management, and access to trained staff, Kitopi enables restaurateurs to efficiently operate and manage their delivery-only establishments. The platform aims to make food more affordable and accessible to consumers.

Swvl

Series A in 2018
Swvl, LLC is a technology-driven mobility company that offers an application for booking fixed-route bus trips, primarily operating in Egypt, Kenya, and Pakistan. Founded in 2017 and based in Cairo, Swvl provides a premium mass transit system that connects neighborhoods with accessible bus and van rides during peak commuting hours. Users can book rides at a flat fare, ensuring affordability without surge pricing. The company's core service includes a network of minibuses and other vehicles that operate along predetermined routes, allowing commuters to reserve rides through its mobile application. Swvl aims to provide a reliable, cost-effective, and environmentally responsible alternative to traditional public transportation and ridesharing options.

Tribal

Seed Round in 2018
Aingel is an analytics platform that leverages artificial intelligence to identify promising startups and connect them with suitable venture capitalists. The platform features an interactive dashboard and a VC match report that assesses both startups and investors based on over one hundred criteria, incorporating historical data to enhance investment decision-making. By facilitating faster fundraising, Aingel aligns founders with investors who are most likely to provide value and show interest in their business ideas. The platform is utilized by leading data-driven venture capital firms, banks, and fintech companies through its APIs, which streamline the process of startup discovery and analysis. Established in 2016, Aingel is headquartered in San Jose, California.

Syarah

Series A in 2018
Syarah Ltd. owns and operates an online cars marketplace. The company was founded in 2015 and is based in Riyadh, Saudi Arabia.

Bayzat

Series A in 2017
Bayzat is a technology company that provides insurance and HR solutions. They help individuals and companies compare, buy, and use their health insurance. With Bayzat Benefits, their technology platform, they are able to streamline the policy placement process for their clients and help them understand their policy. More importantly, Bayzat Benefits automates administrative work for HR professionals and ensures that all HR processes are centralized, accessible, and secure.

Wahed

Seed Round in 2017
Wahed Invest is the UK’s first Halal online investment platform, allowing savers from all income brackets to easily invest in a globally diversified portfolio of ethically responsible stocks, Islamic bonds and gold. Designed specifically for the Islamic community, Wahed’s investment portfolios are approved by an Ethical Review Board, enabling Muslims to feel confident that their investments are ethically sound and Halal.

Ajar

Seed Round in 2017
Ajar Technology General Trading Co. WLL specializes in developing mobile and web-based applications that facilitate rent payment and property management for the real estate market. Founded in 2014 and based in Sharq, Kuwait, Ajar offers a cloud service known as Ajar Online. This platform enables landlords to send automatic payment notifications, view payments in real time, and manage properties efficiently. For tenants, Ajar provides SMS and email alerts for rent payments, allows secure online payment options, and issues receipts upon payment. Additionally, the platform rewards tenants with discounts and incentives for making their rent payments online, enhancing the overall rental experience. Ajar has established itself as a leading property management and rent payment platform in the Middle East.

Fresha

Series A in 2017
Fresha is a SaaS-enabled marketplace platform for beauty and wellness industry. The platform takes the hassle out of running a business by managing appointment bookings, point-of-sale, customer records, human resources, inventory, and financial reporting. The consumer marketplace unlocks revenue potential for merchants by leveraging the power of online bookings and automated marketing through mobile apps and integrations to Instagram, Facebook and Google.

Fresha

Venture Round in 2017
Fresha is a SaaS-enabled marketplace platform for beauty and wellness industry. The platform takes the hassle out of running a business by managing appointment bookings, point-of-sale, customer records, human resources, inventory, and financial reporting. The consumer marketplace unlocks revenue potential for merchants by leveraging the power of online bookings and automated marketing through mobile apps and integrations to Instagram, Facebook and Google.

Fetchr

Series B in 2017
Fetchr is a logistics and shipment service provider that aids local merchants and global brands in establishing and expanding profitable eCommerce businesses. By leveraging proprietary technology, Fetchr addresses the challenge of delivering packages in regions lacking physical addresses, particularly in emerging markets. The company employs mobile applications and GPS technology to accurately locate users, facilitating faster and more efficient deliveries. Additionally, Fetchr utilizes predictive analytics and machine learning to optimize courier operations, streamlining both domestic and international shipments. This innovative approach enables clients to easily and quickly ship goods and products worldwide.

MYKI

Seed Round in 2017
MYKI is security start up that secures and manages password and sensitive information online for Individuals and teams. The MYKI Offline Password Manager & Authenticator is the first offline password manager that offers the convenience of a cloud connected one. MYKI stores passwords, Two-Factor Authentication (2FA) secrets, payment cards, secure notes and government IDs offline in a cloud-less manner. You can pair the MYKI app with the MYKI browser extension on Mac, Linux and Windows. The MYKI extension is available on Chrome, Safari, Firefox, Edge and Opera. The MYKI app automatically syncs with paired extensions in a P2P encrypted manner allowing MYKI to save and autofill your data on your phone as well as on computer. MYKI can also manage and autofill Two-Factor Authentication (2FA) tokens on your phone as well as on computers.

Vezeeta

Series B in 2017
Vezeeta is a digital healthcare platform based in Heliopolis, Egypt, that connects patients with healthcare providers across the Middle East and Africa. Founded in 2011, the platform allows patients to search, compare, book, and review healthcare services in countries such as Egypt, Saudi Arabia, Jordan, and Lebanon. With over 200,000 verified reviews, users can quickly find and schedule appointments with doctors, enhancing their access to quality healthcare. Additionally, Vezeeta offers innovative software solutions for healthcare providers, facilitating efficient clinic management and improving the overall patient experience. The platform aims to empower millions of patients by leveraging data to create better healthcare accessibility in the region.

Careem

Series D in 2016
Careem is an online booking platform that connects passengers with local drivers, providing a marketplace where users can request rides within minutes. Founded on June 15, 2012, by Abdulla Elyas, Magnus Olsson, and Mudassir Sheika, the company is headquartered in Dubai, United Arab Emirates. Careem's platform allows passengers to view ride costs upfront and facilitates payment through their chosen credit card, making transportation both accessible and convenient. The service aims to offer affordable transportation options to its users by leveraging a community-driven network of drivers.

Bayzat

Series A in 2016
Bayzat is a technology company that provides insurance and HR solutions. They help individuals and companies compare, buy, and use their health insurance. With Bayzat Benefits, their technology platform, they are able to streamline the policy placement process for their clients and help them understand their policy. More importantly, Bayzat Benefits automates administrative work for HR professionals and ensures that all HR processes are centralized, accessible, and secure.

Syarah

Seed Round in 2016
Syarah Ltd. owns and operates an online cars marketplace. The company was founded in 2015 and is based in Riyadh, Saudi Arabia.

Ajar

Seed Round in 2016
Ajar Technology General Trading Co. WLL specializes in developing mobile and web-based applications that facilitate rent payment and property management for the real estate market. Founded in 2014 and based in Sharq, Kuwait, Ajar offers a cloud service known as Ajar Online. This platform enables landlords to send automatic payment notifications, view payments in real time, and manage properties efficiently. For tenants, Ajar provides SMS and email alerts for rent payments, allows secure online payment options, and issues receipts upon payment. Additionally, the platform rewards tenants with discounts and incentives for making their rent payments online, enhancing the overall rental experience. Ajar has established itself as a leading property management and rent payment platform in the Middle East.

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!

MYKI

Seed Round in 2016
MYKI is security start up that secures and manages password and sensitive information online for Individuals and teams. The MYKI Offline Password Manager & Authenticator is the first offline password manager that offers the convenience of a cloud connected one. MYKI stores passwords, Two-Factor Authentication (2FA) secrets, payment cards, secure notes and government IDs offline in a cloud-less manner. You can pair the MYKI app with the MYKI browser extension on Mac, Linux and Windows. The MYKI extension is available on Chrome, Safari, Firefox, Edge and Opera. The MYKI app automatically syncs with paired extensions in a P2P encrypted manner allowing MYKI to save and autofill your data on your phone as well as on computer. MYKI can also manage and autofill Two-Factor Authentication (2FA) tokens on your phone as well as on computers.

MYKI

Seed Round in 2015
MYKI is security start up that secures and manages password and sensitive information online for Individuals and teams. The MYKI Offline Password Manager & Authenticator is the first offline password manager that offers the convenience of a cloud connected one. MYKI stores passwords, Two-Factor Authentication (2FA) secrets, payment cards, secure notes and government IDs offline in a cloud-less manner. You can pair the MYKI app with the MYKI browser extension on Mac, Linux and Windows. The MYKI extension is available on Chrome, Safari, Firefox, Edge and Opera. The MYKI app automatically syncs with paired extensions in a P2P encrypted manner allowing MYKI to save and autofill your data on your phone as well as on computer. MYKI can also manage and autofill Two-Factor Authentication (2FA) tokens on your phone as well as on computers.

Careem

Series C in 2015
Careem is an online booking platform that connects passengers with local drivers, providing a marketplace where users can request rides within minutes. Founded on June 15, 2012, by Abdulla Elyas, Magnus Olsson, and Mudassir Sheika, the company is headquartered in Dubai, United Arab Emirates. Careem's platform allows passengers to view ride costs upfront and facilitates payment through their chosen credit card, making transportation both accessible and convenient. The service aims to offer affordable transportation options to its users by leveraging a community-driven network of drivers.

JadoPado

Series A in 2015
JadoPado Ltd. is an online marketplace based in Dubai, United Arab Emirates, that facilitates the buying and selling of new, used, and refurbished products. Founded in 2010, it offers a diverse range of product categories, including electronics, fashion, home improvement, beauty, and more. Sellers on JadoPado manage their own stores, taking responsibility for product listings, offers, orders, and fulfillment, while the platform provides a user-friendly and secure experience for buyers. JadoPado also manages payment processes, ensuring that sellers receive their payments after buyers confirm receipt of their purchases. As of May 2017, JadoPado operates as a subsidiary of Alabbar Enterprises.

Bayzat

Series A in 2015
Bayzat is a technology company that provides insurance and HR solutions. They help individuals and companies compare, buy, and use their health insurance. With Bayzat Benefits, their technology platform, they are able to streamline the policy placement process for their clients and help them understand their policy. More importantly, Bayzat Benefits automates administrative work for HR professionals and ensures that all HR processes are centralized, accessible, and secure.

Careem

Series B in 2014
Careem is an online booking platform that connects passengers with local drivers, providing a marketplace where users can request rides within minutes. Founded on June 15, 2012, by Abdulla Elyas, Magnus Olsson, and Mudassir Sheika, the company is headquartered in Dubai, United Arab Emirates. Careem's platform allows passengers to view ride costs upfront and facilitates payment through their chosen credit card, making transportation both accessible and convenient. The service aims to offer affordable transportation options to its users by leveraging a community-driven network of drivers.

TravelerVIP

Seed Round in 2013
TravelerVIP.com is a travel website that specializes in offering discounts on selected hotels and holiday experiences. Founded in 2012 and based in Dubai, United Arab Emirates, it provides online booking services for a diverse range of accommodations, including beach resorts, city escapes, and luxury hotels in major cities such as Dubai, Abu Dhabi, London, Paris, New York, Bangkok, and Beijing. Initially known for its private sales, TravelerVIP has evolved to feature a curated selection of over 1,000 hand-picked hotels, each offering unique perks. The platform combines convenience with a personalized touch, transforming standard hotel reservations into a VIP experience for travelers.

Laimoon.com

Venture Round in 2013
Laimoon supports career-minded people with information on jobs,courses and career insights. Currently focussing on the UAE and the wider GCC region.

RoundMenu

Seed Round in 2012
RoundMenu Ltd. is an online restaurant discovery platform based in Dubai, United Arab Emirates, founded in 2012. It enables users to book restaurants online and browse options by cuisine, location, or theme. The platform incorporates social media data from various sources, such as Instagram and TripAdvisor, to rank restaurants and provide personalized recommendations. RoundMenu operates in three countries: the UAE, Saudi Arabia, and Singapore, offering features like customer reviews, maps, and average prices to assist diners in making informed choices. As of 2018, RoundMenu functions as a subsidiary of Careem Networks FZ LLC.

Duplays

Seed Round in 2012
Duplays is an online community based in Dubai, United Arab Emirates, that connects individuals through a shared passion for sports. Founded in 2007, the company organizes various sport and social activities across eight cities, boasting a membership of over 60,000 individuals. Duplays facilitates participation in over 20 recreational sports, including football, basketball, netball, and rugby, through leagues, tournaments, and high-profile events. The organization aims to promote healthier and more social communities by providing opportunities for engagement and team building without the need for traditional gym memberships. Additionally, Duplays offers a venue booking platform that enables users to easily find and reserve sports facilities in their area.

JadoPado

Venture Round in 2012
JadoPado Ltd. is an online marketplace based in Dubai, United Arab Emirates, that facilitates the buying and selling of new, used, and refurbished products. Founded in 2010, it offers a diverse range of product categories, including electronics, fashion, home improvement, beauty, and more. Sellers on JadoPado manage their own stores, taking responsibility for product listings, offers, orders, and fulfillment, while the platform provides a user-friendly and secure experience for buyers. JadoPado also manages payment processes, ensuring that sellers receive their payments after buyers confirm receipt of their purchases. As of May 2017, JadoPado operates as a subsidiary of Alabbar Enterprises.
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