Berytech

Berytech, established by visionaries at Saint-Joseph University at the turn of the century, serves as Lebanon's first technological hub, aimed at fostering the growth and development of startups in the region. By providing incubation, business support, counseling, funding, and networking opportunities, Berytech contributes to the economic revival of Lebanon and plays a vital role in job creation and retaining skilled graduates. The Berytech Fund II, a $51 million venture capital fund, was established with support from major Lebanese banks under a Central Bank initiative, significantly enhancing the entrepreneurial ecosystem in the country. Over its 15 years of operation, Berytech has transformed innovative ideas into successful businesses by offering a conducive environment, high-tech infrastructure, and a comprehensive suite of services, including training, mentoring, and coaching for startups and small to medium enterprises.

Elie Boujaoude

Investment Manager at Berytech Fund

15 past transactions

Band Industries

Series A in 2020
Band Industries is building the next generation musician’s toolkit. With three successful products on the market, the company continues to innovate in this space. Band Industries is the company behind Roadie Tuner and aims to make the world a more musical place. Roadie Tuner is an automatic tuner for musical instruments that combines advanced audio algorithms with machine precision to deliver the perfect tuning every time. Roadie works on any musical instrument with guitar machine heads such as electric & acoustic guitars, bass, ukulele, mandolin, banjo and others. It can tune to any tuning, help restring, keep track of strings quality and much more. Band Industries launched the second generation Roadie 2 and Roadie Bass on Kickstarter in March 2017 and raised over $500,000 in pre-orders in just 39 days! This made Roadie 2 the most popular music accessory in the history of crowdfunding. Roadie 2 shipped in October 2017 and Roadie Bass in April 2018 and have gotten the acclaim of Rock Stars from bands like Queen, Tim McGraw and Drowning Pool among others. Awards: - TechCrunch Disrupt NY Audience Choice Award - London Design awards - Executive Magazine's top 20 in Science and Technology - Entrepreneur Magazine's 100 Brilliant Companies

BSynchro

Series B in 2019
BSynchro sal provides information technology services. It specializes in the area of business intelligence development and consulting. The company offers IT consulting, project management, IT auditing and strategy definition, software solution design, and development services. It also provides customized software solutions to the insurance industry, such as regulators, direct insurers, reinsurers, brokers, and third party administrators. The company was founded in 2005 and is based in Zalqa, Lebanon.

Capital Banking Solutions

Venture Round in 2018
Capital Banking Solutions Ltd. develops integrated banking software designed for banks and financial institutions operating across Europe, Africa, the Middle East, and the Americas. Founded in 2006 and based in Dubai, the company offers a comprehensive suite of modular products tailored for retail, corporate, and private banking, as well as wealth management. Their flagship solutions include CapitalBanker for core banking processes, CapitalPrivate for private banking and wealth management, CapitalCompliance for managing regulatory requirements, and CapitalLending for automating loan origination. With a client base exceeding 200 institutions, including prominent banks, Capital Banking Solutions has established itself as a key player in the industry, facilitating operational efficiency and compliance while allowing clients to focus on customer service.

Cherpa

Seed Round in 2017
Cherpa is an online platform dedicated to educating youth in the fields of robotics, electronics, and coding through engaging and interactive methods. By offering a variety of courses that include building and coding projects as well as virtual missions, Cherpa aims to make learning enjoyable while equipping students with essential skills for future job opportunities. The platform focuses on fostering interest in technology and innovation, preparing the next generation for careers in robotics, artificial intelligence, and related disciplines.

scriptr.io

Series A in 2017
Scriptr is a cloud service that simplifies the connection of Internet-of-Things devices to the internet through business logic and web services based on a browser-based IDE. It allows developers and builders to create custom APIs with the simplicity of JavaScript and the scalability of the cloud while removing server and application stack management tasks.

ElementN

Series A in 2017
ElementN, Inc. designs, develops, deploys, and delivers Web-based applications and solutions for enterprise customers in North America and MENA region. Its solutions include Telco Self-Care, a Web-based account management solution that puts access and control into the hands of post-paid, pre-paid, and corporate subscribers, as well as multi-line account managers with features, such as online bill management, service provisioning, and plan migration; and CC-Connect, an integrated set of Web applications that address common gaps in telecom operation support software, including solutions for call centers, sales outlets, network, and marketing departments. The company’s solutions also include mForms, a Software-as-a-Service (SaaS) solution for real-time large-scale mobile data collection and compatible with a range of GSM handsets and networks; and intranet with features, such as user directory, news, FAQs, and surveys. It also offers PortalElements methodology that offers an approach for developing enterprise portals, SaaS, and business applications; and intranet consulting, Web portal development, custom application development, functional analysis and design, and user experience consulting services. The company serves customers in telecom, bank, real estate, and software industries. ElementN, Inc. was founded in 2002 and is based in New York, New York.

BSynchro

Series A in 2017
BSynchro sal provides information technology services. It specializes in the area of business intelligence development and consulting. The company offers IT consulting, project management, IT auditing and strategy definition, software solution design, and development services. It also provides customized software solutions to the insurance industry, such as regulators, direct insurers, reinsurers, brokers, and third party administrators. The company was founded in 2005 and is based in Zalqa, Lebanon.

Slighter

Seed Round in 2016
Slighter LLC, founded in 2015 and based in Bethesda, Maryland, offers a smart lighter designed to assist smokers in reducing their cigarette consumption. The device utilizes artificial intelligence to analyze users' smoking habits and create a personalized reduction plan. By employing positive reinforcement and setting achievable goals, Slighter encourages users to gradually decrease their daily intake of cigarettes. The smart lighter connects to users' mobile devices, providing unique challenges and tracking progress to enhance the quitting process. This chemical-free solution aims to help individuals master their smoking habits and ultimately quit smoking altogether.

scriptr.io

Venture Round in 2016
Scriptr is a cloud service that simplifies the connection of Internet-of-Things devices to the internet through business logic and web services based on a browser-based IDE. It allows developers and builders to create custom APIs with the simplicity of JavaScript and the scalability of the cloud while removing server and application stack management tasks.
Cloud Communications & Computing Corp. is a leading provider of software-as-a-service, or SaaS, solutions for personal and business communications. We believe that our innovative, cloud-based approach disrupts the large market for business communications solutions by providing flexible and cost-effective services that support distributed workforce, mobile employees and the proliferation of “bring-your-own” communications devices. We enable convenient and effective communications for our customers across all their locations, all their employees, all the time, thus fostering a more productive and dynamic workforce.

CardioDiagnostics

Seed Round in 2015
CardioDiagnostics is a medical technology company specialized in cardiac care solutions. Established in USA with global R&D offices, the company develops proprietary technologies for wireless monitoring of cardiac patients. Their team of ambitious entrepreneurs, technologists, medical experts and industry veterans are working together to meet the market needs and solve existing problems in the cardiac care industry through research-based pioneering technologies. CardioDiagnostics is focused on helping physicians diagnose and treat patients with cardiac problems. Their team is dedicated to providing patients and their physicians with the best cardiac monitoring technologies in the world. Patient comfort and care is pivotal. Patients may continue normal day-to-day lifestyle, while CardioDiagnostics makes sure that physicians receive vital cardiac information needed to make a proper diagnosis.

Ounousa.com

Series A in 2015
Ounousa is an online magazine creating content for Arabic speaking women on topics related to lifestyle, fashion and beauty. Ounousa registers more than 4 Million visitors per month in MENA and has a strong social media base with more than 14 Million followers on Facebook.

scriptr.io

Seed Round in 2015
Scriptr is a cloud service that simplifies the connection of Internet-of-Things devices to the internet through business logic and web services based on a browser-based IDE. It allows developers and builders to create custom APIs with the simplicity of JavaScript and the scalability of the cloud while removing server and application stack management tasks.

ProBueno

Seed Round in 2013
ProBueno, Inc. owns and operates an online platform that allows its users to find and offer their talents in exchange for donations to their favorite causes. Its platform also allows non-profit organizations and groups to create campaigns; and turn the talents of their club members, alumni, and employees into donations. The company was founded in 2012 and is based in Cambridge, Massachusetts.

Dermandar

Seed Round in 2010
https://360vis.it - 360 walkthroughs with your smartphone for real-estate https://theVRkit.com - turn any smartphone into a 360 camera https://stereostitch.com - Live 360-3D video stitching