BECO Capital is a venture capital investment firm based in Dubai, United Arab Emirates, founded in 2012 by Dany Farha and Amir Farha. The company specializes in providing growth capital and operational support to early-stage technology companies, particularly in the mobile, Internet of Things, and software as a service sectors. BECO Capital focuses on investing in seed-stage and early-stage firms located in the Middle East and Northern Africa, offering not only financial backing but also hands-on mentorship to help entrepreneurs navigate the challenges of developing their businesses.
Mala provides a buy now, pay later (BNPL) solution specifically designed for B2B transactions in the MENA region. The platform enables businesses to manage their cash flow more effectively while making purchases.
MaxAB
Series B in 2022
MaxAB is a B2B e-commerce platform based in Cairo, Egypt, founded in 2018, that connects food and grocery retailers with suppliers in underserved areas. The company focuses on re-engineering the informal grocery and food market by utilizing innovative technologies and supply chain solutions tailored to the specific needs of retailers. MaxAB's mobile platform facilitates an e-marketplace and provides logistics services for efficient distribution of goods. By streamlining procurement and grocery delivery processes, MaxAB aims to empower retailers with access to a diverse range of products, premium service, and operational support, ultimately enhancing their ability to manage their businesses effectively.
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.
Thndr
Series A in 2022
Thndr is a financial services company based in Cairo, Egypt, that operates an app-based investment platform designed to facilitate commission-free trading for investors. Established in 2020 by Seif Amr, Thndr offers features such as no account minimums, easy account setup, and streamlined funding processes. The platform provides users with access to real-time market data and the latest financial news, along with educational tools to enhance their investment experience. By eliminating traditional barriers to entry in investing, Thndr aims to empower individuals to make informed financial decisions.
MaxAB
Series A in 2021
MaxAB is a B2B e-commerce platform based in Cairo, Egypt, founded in 2018, that connects food and grocery retailers with suppliers in underserved areas. The company focuses on re-engineering the informal grocery and food market by utilizing innovative technologies and supply chain solutions tailored to the specific needs of retailers. MaxAB's mobile platform facilitates an e-marketplace and provides logistics services for efficient distribution of goods. By streamlining procurement and grocery delivery processes, MaxAB aims to empower retailers with access to a diverse range of products, premium service, and operational support, ultimately enhancing their ability to manage their businesses effectively.
Nowpay
Seed Round in 2021
NowPay, Inc. is a fintech company based in Cairo, Egypt, that aims to enhance the financial wellness of corporate employees. Established in 2018, it offers an online platform that enables employees to manage personal finances, including budgeting, spending, and borrowing. Through its mobile application, users can access detailed information about their salaries, account balances, and potential loan amounts. NowPay collaborates with employers to provide employees with the option to receive advance salary payments at any time during the month, allowing for repayment over multiple months without additional liabilities. This service not only aids employees in times of financial need but also helps corporations improve employee satisfaction, productivity, and loyalty.
Nowpay
Seed Round in 2020
NowPay, Inc. is a fintech company based in Cairo, Egypt, that aims to enhance the financial wellness of corporate employees. Established in 2018, it offers an online platform that enables employees to manage personal finances, including budgeting, spending, and borrowing. Through its mobile application, users can access detailed information about their salaries, account balances, and potential loan amounts. NowPay collaborates with employers to provide employees with the option to receive advance salary payments at any time during the month, allowing for repayment over multiple months without additional liabilities. This service not only aids employees in times of financial need but also helps corporations improve employee satisfaction, productivity, and loyalty.
Swvl
Venture Round in 2020
Swvl is a technology-driven mobility company that offers an app for booking fixed-route bus trips, providing users with a cost-effective alternative to traditional public transportation and ride-sharing services. Founded in 2017, Swvl operates in Egypt, Kenya, Pakistan, and has its headquarters in Dubai. The company's core product is the B2C Swvl Retail offering, which allows commuters to book rides on minibuses and other vehicles running on fixed or semi-fixed routes within cities through a mobile application. This service enables users to share rides during peak commute times for a flat fare with no surge pricing, promoting environmentally responsible mass transit solutions.
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, including Egypt, Saudi Arabia, Jordan, and Lebanon. Founded in 2011, the platform allows patients to search, compare, book, and review doctors, leveraging more than 200,000 verified reviews to enhance the decision-making process. Vezeeta offers a user-friendly experience, enabling patients to schedule appointments for in-clinic, virtual, or at-home consultations in as little as one minute. In addition to patient services, the company provides innovative software solutions for healthcare providers, facilitating clinic management and improving overall healthcare experiences. With features like live scheduling, automated appointment reminders, and comprehensive information on healthcare providers, Vezeeta aims to empower patients and enhance access to quality healthcare in the region.
Kitopi
Series B in 2019
Kitopi is a Kitchen as a Service (KaaS) platform that provides restaurants with the essential infrastructure and software needed to establish delivery-only locations efficiently and cost-effectively. Founded in 2018 by Mohamad Ballout, Saman Darkan, Bader Ataya, and Andy Arenas, the company operates a network of over 60 cloud kitchens across the United Arab Emirates, Saudi Arabia, Kuwait, and Bahrain. Kitopi's offerings include kitchen infrastructure, management services, call assistance, delivery management, trained staff, and industry-specific technology, allowing restaurateurs to focus on their culinary creations while minimizing capital expenditure and time. Although Kitopi expanded into the United States in 2019, it exited the market following the onset of the pandemic.
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.
MaxAB
Seed Round in 2019
MaxAB is a B2B e-commerce platform based in Cairo, Egypt, founded in 2018, that connects food and grocery retailers with suppliers in underserved areas. The company focuses on re-engineering the informal grocery and food market by utilizing innovative technologies and supply chain solutions tailored to the specific needs of retailers. MaxAB's mobile platform facilitates an e-marketplace and provides logistics services for efficient distribution of goods. By streamlining procurement and grocery delivery processes, MaxAB aims to empower retailers with access to a diverse range of products, premium service, and operational support, ultimately enhancing their ability to manage their businesses effectively.
Swvl
Series B in 2019
Swvl is a technology-driven mobility company that offers an app for booking fixed-route bus trips, providing users with a cost-effective alternative to traditional public transportation and ride-sharing services. Founded in 2017, Swvl operates in Egypt, Kenya, Pakistan, and has its headquarters in Dubai. The company's core product is the B2C Swvl Retail offering, which allows commuters to book rides on minibuses and other vehicles running on fixed or semi-fixed routes within cities through a mobile application. This service enables users to share rides during peak commute times for a flat fare with no surge pricing, promoting environmentally responsible mass transit solutions.
Kitopi
Series A in 2018
Kitopi is a Kitchen as a Service (KaaS) platform that provides restaurants with the essential infrastructure and software needed to establish delivery-only locations efficiently and cost-effectively. Founded in 2018 by Mohamad Ballout, Saman Darkan, Bader Ataya, and Andy Arenas, the company operates a network of over 60 cloud kitchens across the United Arab Emirates, Saudi Arabia, Kuwait, and Bahrain. Kitopi's offerings include kitchen infrastructure, management services, call assistance, delivery management, trained staff, and industry-specific technology, allowing restaurateurs to focus on their culinary creations while minimizing capital expenditure and time. Although Kitopi expanded into the United States in 2019, it exited the market following the onset of the pandemic.
Swvl
Series B in 2018
Swvl is a technology-driven mobility company that offers an app for booking fixed-route bus trips, providing users with a cost-effective alternative to traditional public transportation and ride-sharing services. Founded in 2017, Swvl operates in Egypt, Kenya, Pakistan, and has its headquarters in Dubai. The company's core product is the B2C Swvl Retail offering, which allows commuters to book rides on minibuses and other vehicles running on fixed or semi-fixed routes within cities through a mobile application. This service enables users to share rides during peak commute times for a flat fare with no surge pricing, promoting environmentally responsible mass transit solutions.
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, including Egypt, Saudi Arabia, Jordan, and Lebanon. Founded in 2011, the platform allows patients to search, compare, book, and review doctors, leveraging more than 200,000 verified reviews to enhance the decision-making process. Vezeeta offers a user-friendly experience, enabling patients to schedule appointments for in-clinic, virtual, or at-home consultations in as little as one minute. In addition to patient services, the company provides innovative software solutions for healthcare providers, facilitating clinic management and improving overall healthcare experiences. With features like live scheduling, automated appointment reminders, and comprehensive information on healthcare providers, Vezeeta aims to empower patients and enhance access to quality healthcare in the region.
Kitopi
Seed Round in 2018
Kitopi is a Kitchen as a Service (KaaS) platform that provides restaurants with the essential infrastructure and software needed to establish delivery-only locations efficiently and cost-effectively. Founded in 2018 by Mohamad Ballout, Saman Darkan, Bader Ataya, and Andy Arenas, the company operates a network of over 60 cloud kitchens across the United Arab Emirates, Saudi Arabia, Kuwait, and Bahrain. Kitopi's offerings include kitchen infrastructure, management services, call assistance, delivery management, trained staff, and industry-specific technology, allowing restaurateurs to focus on their culinary creations while minimizing capital expenditure and time. Although Kitopi expanded into the United States in 2019, it exited the market following the onset of the pandemic.
Swvl
Series A in 2018
Swvl is a technology-driven mobility company that offers an app for booking fixed-route bus trips, providing users with a cost-effective alternative to traditional public transportation and ride-sharing services. Founded in 2017, Swvl operates in Egypt, Kenya, Pakistan, and has its headquarters in Dubai. The company's core product is the B2C Swvl Retail offering, which allows commuters to book rides on minibuses and other vehicles running on fixed or semi-fixed routes within cities through a mobile application. This service enables users to share rides during peak commute times for a flat fare with no surge pricing, promoting environmentally responsible mass transit solutions.
Syarah
Series A in 2018
Syarah Ltd. operates an online marketplace for buying and selling both new and used cars, based in Riyadh, Saudi Arabia. Founded in 2015, the company aims to streamline the vehicle purchasing process for individuals and businesses by providing a user-friendly platform where customers can easily browse various car listings, access daily updates on prices and specifications, and directly contact sellers without intermediaries. In addition to facilitating car sales, Syarah offers financing solutions, allowing customers to purchase vehicles in installments through partnerships with banks and financing companies in the region. The company's commitment is to deliver quality services that meet and exceed customer expectations.
Bayzat
Series A in 2017
Bayzat LLC operates an online platform in the United Arab Emirates that allows users to compare and purchase health insurance policies. Established in 2013 and headquartered in Dubai, the company also provides a suite of services including Bayzat Benefits, which enables users to track their insurance policies, view benefits and exclusions, and access information about covered networks and nearby hospitals. In addition to health insurance, Bayzat offers car insurance services and human resource software solutions that help businesses manage employee records, track time off, and administer health benefits. By streamlining the insurance and payroll processes, Bayzat aims to enhance the overall employee experience for over 80,000 individuals, particularly focusing on small and medium-sized enterprises.
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, including Egypt, Saudi Arabia, Jordan, and Lebanon. Founded in 2011, the platform allows patients to search, compare, book, and review doctors, leveraging more than 200,000 verified reviews to enhance the decision-making process. Vezeeta offers a user-friendly experience, enabling patients to schedule appointments for in-clinic, virtual, or at-home consultations in as little as one minute. In addition to patient services, the company provides innovative software solutions for healthcare providers, facilitating clinic management and improving overall healthcare experiences. With features like live scheduling, automated appointment reminders, and comprehensive information on healthcare providers, Vezeeta aims to empower patients and enhance access to quality healthcare in the region.
Bayzat
Series A in 2016
Bayzat LLC operates an online platform in the United Arab Emirates that allows users to compare and purchase health insurance policies. Established in 2013 and headquartered in Dubai, the company also provides a suite of services including Bayzat Benefits, which enables users to track their insurance policies, view benefits and exclusions, and access information about covered networks and nearby hospitals. In addition to health insurance, Bayzat offers car insurance services and human resource software solutions that help businesses manage employee records, track time off, and administer health benefits. By streamlining the insurance and payroll processes, Bayzat aims to enhance the overall employee experience for over 80,000 individuals, particularly focusing on small and medium-sized enterprises.
Syarah
Seed Round in 2016
Syarah Ltd. operates an online marketplace for buying and selling both new and used cars, based in Riyadh, Saudi Arabia. Founded in 2015, the company aims to streamline the vehicle purchasing process for individuals and businesses by providing a user-friendly platform where customers can easily browse various car listings, access daily updates on prices and specifications, and directly contact sellers without intermediaries. In addition to facilitating car sales, Syarah offers financing solutions, allowing customers to purchase vehicles in installments through partnerships with banks and financing companies in the region. The company's commitment is to deliver quality services that meet and exceed customer expectations.
JadoPado
Series A in 2015
JadoPado Ltd. operates an online marketplace that connects buyers and sellers of new, used, and refurbished products across various categories, including electronics, fashion, home improvement, and more. Founded in 2010 and based in Dubai, United Arab Emirates, JadoPado allows sellers to create their own virtual shops, managing their own products, offers, and orders. The platform provides buyers with a wide selection and a secure shopping experience, handling payments on behalf of sellers. As of May 2017, JadoPado is a subsidiary of Alabbar Enterprises.
Bayzat
Series A in 2015
Bayzat LLC operates an online platform in the United Arab Emirates that allows users to compare and purchase health insurance policies. Established in 2013 and headquartered in Dubai, the company also provides a suite of services including Bayzat Benefits, which enables users to track their insurance policies, view benefits and exclusions, and access information about covered networks and nearby hospitals. In addition to health insurance, Bayzat offers car insurance services and human resource software solutions that help businesses manage employee records, track time off, and administer health benefits. By streamlining the insurance and payroll processes, Bayzat aims to enhance the overall employee experience for over 80,000 individuals, particularly focusing on small and medium-sized enterprises.
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. operates an online marketplace that connects buyers and sellers of new, used, and refurbished products across various categories, including electronics, fashion, home improvement, and more. Founded in 2010 and based in Dubai, United Arab Emirates, JadoPado allows sellers to create their own virtual shops, managing their own products, offers, and orders. The platform provides buyers with a wide selection and a secure shopping experience, handling payments on behalf of sellers. As of May 2017, JadoPado is a subsidiary of Alabbar Enterprises.
Thndr
Thndr is a financial services company based in Cairo, Egypt, that operates an app-based investment platform designed to facilitate commission-free trading for investors. Established in 2020 by Seif Amr, Thndr offers features such as no account minimums, easy account setup, and streamlined funding processes. The platform provides users with access to real-time market data and the latest financial news, along with educational tools to enhance their investment experience. By eliminating traditional barriers to entry in investing, Thndr aims to empower individuals to make informed financial decisions.
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