BECO Capital

BECO Capital provides growth capital and hands-on operational support for early-stage technology companies. It is a technology-focused venture capital that supports entrepreneurs and financial sectors to raise funds. The company helps small companies with growth capital and hands-on operational mentorship in their early stage of development. It was founded in 2012 and is based in Dubai, United Arab Emirates. BECO Capital was founded on February 1, 2014, by Dany Farha and Amir Farha, and it is headquartered in Dubai.
KA

Karim Abadir

Investment Manager

Amir Farha

Co-Founder, Managing Partner

Dany Farha

Managing Partner

BH

Bora Hamamcioglu

VP, Deal Flow

Yousef Hammad

Managing Partner

75 past transactions

Ajar Online

Seed Round in 2016
Ajar Technology General Trading Co. WLL develops mobile and web based application that reminds tenants every month to pay their rent. The company offers Ajar Online, a cloud service for the real estate market that allows online rent payment and property management. Its product helps landlords to send automatic payment notifications and view payments live, as well as tenants to receive SMS and email alerts for rent payment, online payment, and receive receipt of payment. The company was founded in 2014 and is based in Sharq, Kuwait.

Shedul.com

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.

Kitopi

Series A in 2018
Kitopi Catering Services LLC operates as a managed cloud kitchen platform that partners with restaurants to expand their delivery reach. The company enables restaurants to open delivery-only locations by providing the infrastructure and software. The company’s in-house suite of applications optimizes all aspects of kitchen operations in real-time to operate ghost kitchens in Dubai, Abu Dhabi, London, Kuwait, Riyadh, and New York. The company was founded in 2018 and is based in New York, New York.

Aingel Corp.

Series B in 2022
Tribal Credit is a corporate charge card specially designed for startups in emerging markets. Using a proprietary AI-driven approval process, the San Francisco based startup provides small and medium companies with access to payments and complete control over their spending. Founded by serial entrepreneurs, data scientists and fintech execs who have built and led startups in both emerging markets and Silicon Valley, the startup aspires to bridge the business financial inclusion gap between the two. Tribal Credit is backed by BECO Capital, Global Ventures, Endure Capital, 500 Startups, Rising Tide Fund, AR Ventures, Off The Grid Ventures, RiseUp, and Tribe Capital.

MaxAB

Series A in 2021
MaxAB is a B2B e-commerce marketplace that connects food and grocery retailers to suppliers in Egypt’s most under-served geographies. It re-engineers the food and grocery market, using data-driven technologies and state of the art supply chains. Its mission is to empower the Egyptian retailers, by availing access to a wide range of products, premium service, and operational support. Its technology-enabled supply chain is helping put the correct amount of food at the right place at the right time. It was founded in 2018 and is headquartered in Cairo, Egypt.

Marti

Series A in 2019
Marti Technologies Inc., a micro-mobility company, provides electric vehicles for local transport in MENA and Eastern Europe. The company was incorporated in 2018 and is based in Istanbul, Turkey.

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!

MaxAB

Series A in 2021
MaxAB is a B2B e-commerce marketplace that connects food and grocery retailers to suppliers in Egypt’s most under-served geographies. It re-engineers the food and grocery market, using data-driven technologies and state of the art supply chains. Its mission is to empower the Egyptian retailers, by availing access to a wide range of products, premium service, and operational support. Its technology-enabled supply chain is helping put the correct amount of food at the right place at the right time. It was founded in 2018 and is headquartered in Cairo, Egypt.

Aingel Corp.

Seed Round in 2019
Tribal Credit is a corporate charge card specially designed for startups in emerging markets. Using a proprietary AI-driven approval process, the San Francisco based startup provides small and medium companies with access to payments and complete control over their spending. Founded by serial entrepreneurs, data scientists and fintech execs who have built and led startups in both emerging markets and Silicon Valley, the startup aspires to bridge the business financial inclusion gap between the two. Tribal Credit is backed by BECO Capital, Global Ventures, Endure Capital, 500 Startups, Rising Tide Fund, AR Ventures, Off The Grid Ventures, RiseUp, and Tribe Capital.

Shedul.com

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.

NowPay

Seed Round in 2021
NowPay, Inc. develops and operates online fintech platform that helps to improve financial wellness of corporate employees. The company’s platform provides personal finance management services that allows users to manage and track savings, spending, budgeting, and borrowing. It also develops mobile application. The company’s application provides detailed information on employees’ salary, balance, and the maximum eligible loan amount. The company collaborates with employers to provide advance salary to staff at any time of the month and pay back over multiple months with zero liabilities, using a mobile application. The company was founded in 2018 and is based in Cairo, Egypt.

Proximie

Series B in 2021
Proximie is a secure software solution which expands virtual surgical collaboration enabling surgeons to share expertise using augmented reality tools before, during and after surgery. Bringing together experts remotely, it pushes the boundaries of time and distance for real and impactful scaling of surgical knowledge.

Shedul.com

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.

Aingel Corp.

Series A in 2021
Tribal Credit is a corporate charge card specially designed for startups in emerging markets. Using a proprietary AI-driven approval process, the San Francisco based startup provides small and medium companies with access to payments and complete control over their spending. Founded by serial entrepreneurs, data scientists and fintech execs who have built and led startups in both emerging markets and Silicon Valley, the startup aspires to bridge the business financial inclusion gap between the two. Tribal Credit is backed by BECO Capital, Global Ventures, Endure Capital, 500 Startups, Rising Tide Fund, AR Ventures, Off The Grid Ventures, RiseUp, and Tribe Capital.

NowPay

Seed Round in 2020
NowPay, Inc. develops and operates online fintech platform that helps to improve financial wellness of corporate employees. The company’s platform provides personal finance management services that allows users to manage and track savings, spending, budgeting, and borrowing. It also develops mobile application. The company’s application provides detailed information on employees’ salary, balance, and the maximum eligible loan amount. The company collaborates with employers to provide advance salary to staff at any time of the month and pay back over multiple months with zero liabilities, using a mobile application. The company was founded in 2018 and is based in Cairo, Egypt.

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.

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.

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.

BuyBack Bazaar

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.

Nas Academy

Funding Round in 2022
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

Supy

Seed Round in 2022
Supy is a B2B food marketplace servicing restaurants of all sizes streamlines their ordering process and equips.

Marti

Series A in 2019
Marti Technologies Inc., a micro-mobility company, provides electric vehicles for local transport in MENA and Eastern Europe. The company was incorporated in 2018 and is based in Istanbul, Turkey.

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.

Swvl, LLC

Series B in 2019
Swvl, LLC develops an application through which users can book fixed-route bus trips. The company offers SWVL, which provides bus ticket reservation in underutilized buses and payment services. It offers services in Egypt, Kenya, and Pakistan. Swvl, LLC was founded in 2017 and is based in Cairo, Egypt.

Wahed Invest

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.

Swvl, LLC

Series B in 2018
Swvl, LLC develops an application through which users can book fixed-route bus trips. The company offers SWVL, which provides bus ticket reservation in underutilized buses and payment services. It offers services in Egypt, Kenya, and Pakistan. Swvl, LLC was founded in 2017 and is based in Cairo, Egypt.

Tribal Capital Markets

Initial Coin Offering in 2022
Tribal Capital Markets, LLC ("TCM") is a full service Financial Services firm that is a Certified Minority Business Enterprise organized under the auspices of the Morongo Band of Mission Indians and is headquartered in New York City. TCM is a fully owned subsidiary of Tribal Capital Partners, LLC. TCM is staffed by a team of experienced professionals equipped to provide diverse investment solutions that meet the liquidity and execution needs demanded by all issuers and clients in today's market landscape.

MaxAB

Series A in 2021
MaxAB is a B2B e-commerce marketplace that connects food and grocery retailers to suppliers in Egypt’s most under-served geographies. It re-engineers the food and grocery market, using data-driven technologies and state of the art supply chains. Its mission is to empower the Egyptian retailers, by availing access to a wide range of products, premium service, and operational support. Its technology-enabled supply chain is helping put the correct amount of food at the right place at the right time. It was founded in 2018 and is headquartered in Cairo, Egypt.

Vezeeta.com

Series B in 2017
Vezeeta is the digital healthcare platform in MEA that connects patients with healthcare providers and health services. Patients are able to search, compare, book and review the best doctors in Egypt, Saudi Arabia, Jordan, and Lebanon. It also provides innovative SaaS solutions to healthcare providers in the region. Vezeeta empowers millions of patients through data and the ability to better access healthcare in the region. With over 200,000 verified reviews, patients are able to search, compare, and book the best doctors in just 1 minute. Doctors also provide Patients with seamless healthcare experiences through our clinic management software.

Taager

Seed Round in 2021
Taager is a social e-commerce platform enabling online merchants with end-to-end logistics.

Hubpay

Series A in 2022
Hubpay Technologies Ltd. operates hubpay, a digital wallet for money senders and receivers that allows low cost digital remittances and international bill payment in the United Arab Emirates market. It supports the remittance, as well as mobile money markets. The company was incorporated in 2019 and is based in Dubai, United Arab Emirates.

Proximie

Series A in 2019
Proximie is a secure software solution which expands virtual surgical collaboration enabling surgeons to share expertise using augmented reality tools before, during and after surgery. Bringing together experts remotely, it pushes the boundaries of time and distance for real and impactful scaling of surgical knowledge.

Swvl, LLC

Series A in 2018
Swvl, LLC develops an application through which users can book fixed-route bus trips. The company offers SWVL, which provides bus ticket reservation in underutilized buses and payment services. It offers services in Egypt, Kenya, and Pakistan. Swvl, LLC was founded in 2017 and is based in Cairo, Egypt.

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.

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.

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.

Kitopi

Seed Round in 2018
Kitopi Catering Services LLC operates as a managed cloud kitchen platform that partners with restaurants to expand their delivery reach. The company enables restaurants to open delivery-only locations by providing the infrastructure and software. The company’s in-house suite of applications optimizes all aspects of kitchen operations in real-time to operate ghost kitchens in Dubai, Abu Dhabi, London, Kuwait, Riyadh, and New York. The company was founded in 2018 and is based in New York, New York.

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.

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.

Fetchr

Series C in 2020
Fetchr helps local merchants and global brands build, launch and grow profitable eCommerce businesses with an easy to use proprietary shipping and logistics solution. With our app and a simple tap, we can locate your exact location allowing us to deliver packages to your phone faster and more efficiently. Fetchr solves the problem of no physical addresses in emerging markets.

Floranow.com

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.

Ajar Online

Seed Round in 2017
Ajar Technology General Trading Co. WLL develops mobile and web based application that reminds tenants every month to pay their rent. The company offers Ajar Online, a cloud service for the real estate market that allows online rent payment and property management. Its product helps landlords to send automatic payment notifications and view payments live, as well as tenants to receive SMS and email alerts for rent payment, online payment, and receive receipt of payment. The company was founded in 2014 and is based in Sharq, Kuwait.

Fetchr

Series B in 2017
Fetchr helps local merchants and global brands build, launch and grow profitable eCommerce businesses with an easy to use proprietary shipping and logistics solution. With our app and a simple tap, we can locate your exact location allowing us to deliver packages to your phone faster and more efficiently. Fetchr solves the problem of no physical addresses in emerging markets.

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 designs an online booking platform that connects passengers with local drivers. Its platform offers a marketplace of community drivers where passengers can request a ride in minutes, see the cost, and have it charged to their selected credit card, which helps passengers have access to affordable and advantageous transportation. Abdulla Elyas, Magnus Olsson, and Mudassir Sheika founded Careem on June 15, 2012, with its headquarters in Dubai in the United Arab Emirates.

Syarah Ltd.

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.

RoundMenu

Seed Round in 2012
RoundMenu Ltd. operates an online restaurant discovery platform. The company enables users to book restaurants online; and allows diners to browse by cuisine, location, or theme. It also provides customer reviews, maps, and average prices of various restaurants. The company was founded in 2012 and is based in Dubai, United Arab Emirates. As of February 18, 2018, RoundMenu Ltd operates as a subsidiary of Careem Networks FZ LLC.

TravelerVIP

Seed Round in 2013
TravelerVIP.com operates as a travel Website that offers discounts on selected hotels and holidays. It provides online booking services for beach resorts, city escapes, desert hotels, honeymoon hotels, safari lodges, romantic hotels, golf hotels, island resorts, mountain resorts, ski resorts, culinary hotels, shopping hotels, and family hotels in Dubai, Abu Dhabi, London, Paris, New York, Bangkok, and Beijing. TravelerVIP.com was formerly known as RihlaPrime.com. The company was founded in 2012 and is based in Dubai, United Arab Emirates.

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.

NowPay

Seed Round in 2020
NowPay, Inc. develops and operates online fintech platform that helps to improve financial wellness of corporate employees. The company’s platform provides personal finance management services that allows users to manage and track savings, spending, budgeting, and borrowing. It also develops mobile application. The company’s application provides detailed information on employees’ salary, balance, and the maximum eligible loan amount. The company collaborates with employers to provide advance salary to staff at any time of the month and pay back over multiple months with zero liabilities, using a mobile application. The company was founded in 2018 and is based in Cairo, Egypt.

Aingel Corp.

Seed Round in 2019
Tribal Credit is a corporate charge card specially designed for startups in emerging markets. Using a proprietary AI-driven approval process, the San Francisco based startup provides small and medium companies with access to payments and complete control over their spending. Founded by serial entrepreneurs, data scientists and fintech execs who have built and led startups in both emerging markets and Silicon Valley, the startup aspires to bridge the business financial inclusion gap between the two. Tribal Credit is backed by BECO Capital, Global Ventures, Endure Capital, 500 Startups, Rising Tide Fund, AR Ventures, Off The Grid Ventures, RiseUp, and Tribe Capital.

Wahed Invest

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.

Vezeeta.com

Series C in 2018
Vezeeta is the digital healthcare platform in MEA that connects patients with healthcare providers and health services. Patients are able to search, compare, book and review the best doctors in Egypt, Saudi Arabia, Jordan, and Lebanon. It also provides innovative SaaS solutions to healthcare providers in the region. Vezeeta empowers millions of patients through data and the ability to better access healthcare in the region. With over 200,000 verified reviews, patients are able to search, compare, and book the best doctors in just 1 minute. Doctors also provide Patients with seamless healthcare experiences through our clinic management software.

DUPLAYS

Seed Round in 2012
Duplays operates an online community that connects users to others who share the passion for sport. It platform for football, basketball, netball, beach volleyball, softball, beach tennis, and rugby. It also provides brand marketing service. The company was founded in 2007 and is based in Dubai, United Arab Emirates.

Careem

Series C in 2015
Careem designs an online booking platform that connects passengers with local drivers. Its platform offers a marketplace of community drivers where passengers can request a ride in minutes, see the cost, and have it charged to their selected credit card, which helps passengers have access to affordable and advantageous transportation. Abdulla Elyas, Magnus Olsson, and Mudassir Sheika founded Careem on June 15, 2012, with its headquarters in Dubai in the United Arab Emirates.

JadoPado

Series A in 2015
JadoPado is a marketplace where people around the world come together to buy and sell great stuff! JadoPado lets you sell new, used and refurbished products directly to buyers. Sellers handle their own stores including products, offers, orders and fulfilment, while making sure everything looks great! JadoPado gives buyers incredible choice across a wide range of categories and an easy to use, secure experience. JadoPado handles payments on behalf of sellers and pays them out after you’ve received your purchase.

Aingel Corp.

Seed Round in 2018
Tribal Credit is a corporate charge card specially designed for startups in emerging markets. Using a proprietary AI-driven approval process, the San Francisco based startup provides small and medium companies with access to payments and complete control over their spending. Founded by serial entrepreneurs, data scientists and fintech execs who have built and led startups in both emerging markets and Silicon Valley, the startup aspires to bridge the business financial inclusion gap between the two. Tribal Credit is backed by BECO Capital, Global Ventures, Endure Capital, 500 Startups, Rising Tide Fund, AR Ventures, Off The Grid Ventures, RiseUp, and Tribe Capital.

MaxAB

Seed Round in 2019
MaxAB is a B2B e-commerce marketplace that connects food and grocery retailers to suppliers in Egypt’s most under-served geographies. It re-engineers the food and grocery market, using data-driven technologies and state of the art supply chains. Its mission is to empower the Egyptian retailers, by availing access to a wide range of products, premium service, and operational support. Its technology-enabled supply chain is helping put the correct amount of food at the right place at the right time. It was founded in 2018 and is headquartered in Cairo, Egypt.

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.

Kitopi

Series B in 2019
Kitopi Catering Services LLC operates as a managed cloud kitchen platform that partners with restaurants to expand their delivery reach. The company enables restaurants to open delivery-only locations by providing the infrastructure and software. The company’s in-house suite of applications optimizes all aspects of kitchen operations in real-time to operate ghost kitchens in Dubai, Abu Dhabi, London, Kuwait, Riyadh, and New York. The company was founded in 2018 and is based in New York, New York.

Careem

Series D in 2016
Careem designs an online booking platform that connects passengers with local drivers. Its platform offers a marketplace of community drivers where passengers can request a ride in minutes, see the cost, and have it charged to their selected credit card, which helps passengers have access to affordable and advantageous transportation. Abdulla Elyas, Magnus Olsson, and Mudassir Sheika founded Careem on June 15, 2012, with its headquarters in Dubai in the United Arab Emirates.

Swvl, LLC

Series B in 2019
Swvl, LLC develops an application through which users can book fixed-route bus trips. The company offers SWVL, which provides bus ticket reservation in underutilized buses and payment services. It offers services in Egypt, Kenya, and Pakistan. Swvl, LLC was founded in 2017 and is based in Cairo, Egypt.

Vezeeta.com

Series D in 2020
Vezeeta is the digital healthcare platform in MEA that connects patients with healthcare providers and health services. Patients are able to search, compare, book and review the best doctors in Egypt, Saudi Arabia, Jordan, and Lebanon. It also provides innovative SaaS solutions to healthcare providers in the region. Vezeeta empowers millions of patients through data and the ability to better access healthcare in the region. With over 200,000 verified reviews, patients are able to search, compare, and book the best doctors in just 1 minute. Doctors also provide Patients with seamless healthcare experiences through our clinic management software.

Shedul.com

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.

Wahed Invest

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.

Syarah Ltd.

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.

JadoPado

Venture Round in 2012
JadoPado is a marketplace where people around the world come together to buy and sell great stuff! JadoPado lets you sell new, used and refurbished products directly to buyers. Sellers handle their own stores including products, offers, orders and fulfilment, while making sure everything looks great! JadoPado gives buyers incredible choice across a wide range of categories and an easy to use, secure experience. JadoPado handles payments on behalf of sellers and pays them out after you’ve received your purchase.

BuyBack Bazaar

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.

Dapi

Seed Round in 2019
Dapi is a fintech API play that is aimed at facilitating payments between consumer bank accounts and companies. That Dapi has managed to make its service work in seven countries with deep bank support is impressive and Dapi has found demand for its service, with $400,000 in ARR and growth of more than 50% per month as of its presentation.