Shorooq Partners

Shorooq Partners, established in 2017 and headquartered in Abu Dhabi, operates as a venture capital firm with additional offices in Riyadh, Manama, Cairo, and Dubai. The firm specializes in early-stage investments and venture debt, focusing on sectors such as technology, fintech, game tech, climate, cleantech, cryptocurrency, and web 3.0. Shorooq Partners has successfully built a portfolio that has generated over $1.5 billion in equity value, supported by investments from some of the world's leading sovereign wealth funds.

Tamer Azer

Partner

Omer Zabit

Principal

88 past transactions

Khazenly

Seed Round in 2022
Khazenly is an on-demand digital warehousing and fulfillment management platform designed to assist merchants in streamlining their logistical and operational processes. By leveraging artificial intelligence and big data, Khazenly provides an omnichannel solution that supports merchants and social commerce retailers in optimizing their fulfillment operations. The platform enables users to manage sales across various channels, including online stores, retail locations, and marketplaces, while offering critical services such as storage, order fulfillment, order delivery, and cash collection. This comprehensive approach allows e-commerce entrepreneurs to effectively meet their logistical needs and enhance their business operations.

NymCard

Venture Round in 2022
NymCard is a payment platform that specializes in enabling financial institutions to issue innovative digital payment products across Africa and the Middle East. Founded in 2016 and based in Abu Dhabi, NymCard offers a comprehensive suite of services including mobile wallet solutions, card issuance and processing, cloud solutions, and security services. The platform utilizes advanced open APIs and mobile SDKs to facilitate the rapid deployment of plastic, virtual, or tokenized cards, allowing clients to launch new payment solutions in as little as eight weeks. By focusing on user experience and security, NymCard aims to address the low penetration of payment cards in regions where traditional banking infrastructure has been limited.

ZenLedger

Series B in 2022
ZenLedger, Inc. is a software company that specializes in cryptocurrency tax management, founded in 2017 and headquartered in Bellevue, Washington. The company provides a comprehensive tax tool designed for cryptocurrency investors and accountants, allowing users to easily import their cryptocurrency transactions, calculate gains and income, and prepare tax returns. ZenLedger's platform generates various essential documents, including profit/loss statements, capital gains reports, and income reports, thereby simplifying the tax reporting process for miners, day traders, and long-term holders. It is compatible with a wide range of exchanges, currencies, and wallets, making it a versatile solution for both individual investors and tax professionals. By automating the tax preparation process, ZenLedger aims to alleviate the complexities and challenges associated with cryptocurrency taxation.

Pemo

Seed Round in 2022
Pemo is an all-in-one spend management solution that empowers your business by packing every company invoice, expense, approval and spending decision into one powerful platform. Our offering includes smart corporate cards, invoice payment systems and expense tracking functions. These are supported by automated approval flows, direct accounting integration and real-time reporting - features that allow business owners to save time, save money, automate admin and every expense so you can get on with what you do best - building great businesses.

Repzo

Convertible Note in 2022
Repzo is a company that specializes in developing cloud-based mobile customer relationship management (CRM) software. Founded in 2015 and headquartered in Amman, Jordan, Repzo offers a mobile sales CRM application designed to enhance field force management. This innovative application transforms smartphones and tablets into comprehensive tools for managing customer relationships and sales activities, enabling businesses to streamline their operations and improve efficiency in the field.

The Food Lab

Pre Seed Round in 2022
The Food Lab is a cloud kitchen platform but describes itself as an infrastructure company for restaurants in Egypt — about 400,000 in number — in the food & beverage (F&B) space. The company provides a full suite of end-to-end services, including cloud kitchen (kitchen as a service) and procurement.

Colabs

Seed Round in 2022
Colabs is a leading collaborative workspace in Pakistan, designed to foster growth for individuals and businesses. The company focuses on inspiring collaboration, productivity, and innovation within its community. By providing essential resources and a supportive network, Colabs aims to help individuals realize their potential and encourages a culture of ambition and innovation among a new generation of change-makers. In addition to coworking spaces, Colabs offers various back-office solutions, including company registration, talent sourcing and management, payroll processing, and legal and tax compliance. This comprehensive approach allows businesses to streamline their operations, enabling them to concentrate on growth and success.

Proteinea

Funding Round in 2022
Proteinea is a biotechnology company that focuses on insect-based solutions, specifically utilizing the Black Soldier Fly as a mini-biofactory. By integrating biological science with engineering and molecular techniques, the company aims to reduce the capital and operational costs typically associated with conventional bioreactors. Additionally, Proteinea has developed a protein engineering platform that leverages proprietary artificial intelligence models and computational tools to design next-generation antibodies. This platform enhances the efficacy, safety, and convenience of biologics for antibody medicines, allowing clients to access advanced biologic designs tailored for therapeutic applications. Through these innovative approaches, Proteinea seeks to advance the fields of biotechnology and protein engineering.

TruKKer

Series B in 2022
TruKKer operates a digital freight network designed to enhance land freight services by integrating demand and supply through real-time data analytics. The platform simplifies logistics and fleet management by connecting shippers with available transporters, ensuring optimal asset utilization while reducing transportation costs. By leveraging data, TruKKer promotes reliability and transparency in the logistics process, creating opportunities for cost savings and improved efficiency. Its rapid growth is facilitating data monetization and consolidated procurement, allowing businesses to navigate cross-border transportation with greater ease.

Mozn

Series A in 2022
Developer of enterprise artificial intelligence platform designed to build advanced AI products to empower enterprises in making critical decisions. The company's platform leverages sophisticated text intelligence and AI algorithms to effectively screen and monitor customers, providing financial institutions with a robust tool for safeguarding their operations against AML and fraud threats.

Retailo

Series A in 2022
Retailo is an online business-to-business marketplace focused on enhancing the retail supply chain in the MENAP region. Founded in 2020 and headquartered in Riyadh, Saudi Arabia, the company leverages technology to streamline and improve the processes involved in retail distribution. By providing a digital platform for retailers and suppliers, Retailo aims to facilitate efficient transactions and better inventory management, ultimately contributing to the modernization of the retail sector in the area.

Capiter

Venture Round in 2022
Capiter is a B2B e-commerce marketplace that focuses on providing cash flow solutions for small to medium-sized businesses in Egypt. Founded in 2019 and headquartered in Cairo, Capiter enables suppliers to receive immediate payment for their sales, thereby reducing collection and credit risks. The platform also offers buyers flexible payment plans, allowing them to access credit on their purchases. By streamlining transactions and enhancing cash flow management, Capiter supports the growth and financial stability of small businesses and vendors in the region.

qlub

Seed Round in 2022
Qlub develops a fast and secure payment solution for consumers in restaurants. Qlub allows restaurant, pub, and cafe owners to present their menus and accept payments in seconds. It's the kind of fast-paced stuff that people are used to, with the added benefit of keeping staff and guests happy. Qlub only takes 10 seconds to pay by scanning a QR code, paying with one click, and walking away. All of this is possible without the need to install an app.

Lean

Series A in 2022
Lean Technologies Limited is a Saudi B2B company that specializes in providing a developer-friendly application programming interface (API) platform aimed at facilitating access to financial data and payment initiation for fintech companies. Founded in 2019 and headquartered in Riyadh, the company partners with financial institutions to create an integration layer that enhances existing systems while ensuring transparency and control over shared customer data. Lean offers a Universal API that allows fintechs to connect with multiple financial institutions through a single platform, thereby simplifying the integration process and enabling seamless access to users' bank accounts. This approach helps both developers and financial institutions navigate the complexities of financial infrastructure while maintaining oversight and security.

Penny Software

Seed Round in 2022
Penny Software, founded in 2020 and based in Riyadh, Saudi Arabia, specializes in developing a cloud-based procure-to-pay system known as Penny. This platform streamlines the entire procurement process, enabling organizations to digitize and manage their procurement cycle from request to approval. Key features of Penny include an action-driven dashboard, budget tracking, customizable reporting, a product comparison tool, and a structured timeline. The system is designed to simplify procurement activities, allowing users to manage requests for quotations, compare vendor offers, issue purchase orders, and process payments efficiently. Penny Software caters primarily to mid-sized enterprises, offering a modular and customizable solution that supports both private and public marketplaces, as well as procurement shared services.

Dharma

Convertible Note in 2022
Operator of a travel brand-as-a-service platform intended to host group trips and build the future of travel brands. The company builds white-label travel portfolios for iconic people and brands by creating distribution audits and product plans, budgeting, website, and application building, compliance management, providing sales support and content, guest-facing applications, quality control, and risk management, enabling clients to create and host group trips for their communities.

Lendo

Secondary Market in 2022
Lendo is a fintech company that offers a peer-to-peer lending platform with core focus towards SMEs' debt finance. Its platform provides a variety of financing products for SMEs with an initial focus on pre-invoicing finance. The company was founded in 2019 and is based in Saudi Arabia.

Averroes

Pre Seed Round in 2022
Averroes is an AI application that enables the automated creation of custom AI models for industrial companies. The platform features solutions including predictive maintenance, quality testing, and yield prediction. Averroes revolutionizes manufacturing with these features so companies can spend time addressing defects instead of searching for them.

Tazah Technologies

Seed Round in 2021
Tazah Technologies operates an agricultural marketplace aimed at connecting farmers with businesses in Pakistan. The company focuses on creating a technology-enabled operating system for the food and agriculture supply chain, enhancing efficiency and transparency. By offering standardized quality and transparent pricing, Tazah facilitates mobile application orders, making it easier for businesses to engage with producers. This approach not only improves the overall functionality of the agricultural value chain but also seeks to enhance the lives of producers, businesses, and consumers alike.

PostEx

Seed Round in 2021
PostEx is a hybrid of receivables factoring solutions and courier services that pay invoice values upfront to e-commerce companies offering Cash on Delivery as one of their modes of payment.

Immensa

Series A in 2021
Immensa offers a wide range of services enabling companies to capture opportunities provided by additive manufacturing.

Breadfast

Series A in 2021
Breadfast is a Cairo-based company that specializes in producing a variety of bread and bakery products, including white and brown toast, baguettes, multigrain bread, rye, and various types of buns and pastries. Established in 2017, Breadfast operates an online delivery service that ensures customers receive fresh bakery items each morning, eliminating the need for freezing or defrosting. The company's product range also includes different flavors of muffins and croissants, as well as other grocery essentials like milk, eggs, and personal care items. By offering a convenient one-stop platform for daily needs, Breadfast aims to enhance the shopping experience for its customers.

KTrade

Series A in 2021
KASB Funds Limited is a privately owned investment manager. The firm also provides investment advisory services. The firm provides its services individuals, high net worth individual, pension funds, employee benefit funds, institutional investors, and corporations. It launches and manages equity, fixed income, and balanced mutual funds for its clients. The firm invests in the public equity and fixed income markets of Pakistan. It was founded in January 2005 and is based in Karachi, Pakistan. KASB Funds Limited operates as a subsidiary of KASB Bank Limited.

NymCard

Series A in 2021
NymCard is a payment platform that specializes in enabling financial institutions to issue innovative digital payment products across Africa and the Middle East. Founded in 2016 and based in Abu Dhabi, NymCard offers a comprehensive suite of services including mobile wallet solutions, card issuance and processing, cloud solutions, and security services. The platform utilizes advanced open APIs and mobile SDKs to facilitate the rapid deployment of plastic, virtual, or tokenized cards, allowing clients to launch new payment solutions in as little as eight weeks. By focusing on user experience and security, NymCard aims to address the low penetration of payment cards in regions where traditional banking infrastructure has been limited.

MUNCH:ON

Funding Round in 2021
MUNCH:ON is a food tech startup that has cracked the subscription space in the UAE & KSA, focusing on offering meals from the best restaurants at a significant discount and with free delivery. The company has invested heavily in its scheduling, bundling and order prediction software which has enabled it to achieve massive cost savings for its restaurant partners that they then pass on to their users, often offering up to a 55% discount vs. restaurants' regular price. Whether it's employees ordering from their company's curated menu or users ordering for their families at home, the platform takes the usual hassle and cost out of food delivery in a financially (and environmentally) sustainable manner for all stakeholders

Lean

Funding Round in 2021
Lean Technologies Limited is a Saudi B2B company that specializes in providing a developer-friendly application programming interface (API) platform aimed at facilitating access to financial data and payment initiation for fintech companies. Founded in 2019 and headquartered in Riyadh, the company partners with financial institutions to create an integration layer that enhances existing systems while ensuring transparency and control over shared customer data. Lean offers a Universal API that allows fintechs to connect with multiple financial institutions through a single platform, thereby simplifying the integration process and enabling seamless access to users' bank accounts. This approach helps both developers and financial institutions navigate the complexities of financial infrastructure while maintaining oversight and security.

PostEx

Seed Round in 2021
PostEx is a hybrid of receivables factoring solutions and courier services that pay invoice values upfront to e-commerce companies offering Cash on Delivery as one of their modes of payment.

Truck Lagbe

Series A in 2021
Truck Lagbe is a logistics platform based in Bangladesh that specializes in shipping and freight booking. The company offers an application available on both Android and iOS, allowing shippers to easily hire trucks for transporting goods. The platform accommodates various truck sizes, ranging from 1 ton to 25 tons, facilitating both short-haul and long-haul transportation. By streamlining the process of truck booking, Truck Lagbe aims to enhance logistics efficiency and ensure the safe delivery of goods for businesses.

Nuqtah NFT

Pre Seed Round in 2021
Pioneering NFT's in the Saudi Arabia with Nuqtah's NFT creative marketplace, with a goal to value the creative economy at the pedestal it should be at.

Dharma

Seed Round in 2021
Operator of a travel brand-as-a-service platform intended to host group trips and build the future of travel brands. The company builds white-label travel portfolios for iconic people and brands by creating distribution audits and product plans, budgeting, website, and application building, compliance management, providing sales support and content, guest-facing applications, quality control, and risk management, enabling clients to create and host group trips for their communities.

Capiter

Series A in 2021
Capiter is a B2B e-commerce marketplace that focuses on providing cash flow solutions for small to medium-sized businesses in Egypt. Founded in 2019 and headquartered in Cairo, Capiter enables suppliers to receive immediate payment for their sales, thereby reducing collection and credit risks. The platform also offers buyers flexible payment plans, allowing them to access credit on their purchases. By streamlining transactions and enhancing cash flow management, Capiter supports the growth and financial stability of small businesses and vendors in the region.

Aumet

Funding Round in 2021
Aumet allows medical manufacturers and distributors increase their sales by sharing hospital inquiries, business news, search for products, and find potential clients. Manufacturers and distributors who work together connect and get verified so they share hospital inquiries, market business news between each other . Suppliers list their products and connect with distributors who sell these products and select countries, where they are looking for distributors, in the meantime distributors, connects with their suppliers, search for new product and list their interests.

Cayesh

Pre Seed Round in 2021
CAYE$H is a Fin-Tech Company for Supply Chain stakeholders to facilitate availability, management, and mobilization of Working Capital through Technology, Know-how, and Operations

Dtonic

Series A in 2021
Operator of a software intelligence company designed to increase efficiency and profitability and provide value-added data-driven services. The company's platform provides a complex and detailed big data analysis by using the demographic information of the client, enabling businesses to have bulk customer database registration, contact number group management, active clients' contact number filtering, unsubscribed client management and overall membership management services.

Sarwa

Series B in 2021
Sarwa Digital Wealth Limited develops a platform that offers investment advice. It offers investment strategies for better returns, simplified investing, and automated investing. The company was founded in 2016 and is based in Dubai, United Arab Emirates.

QuotaBook

Venture Round in 2021
Quotabook is a company that specializes in equity management.

DigiKhata

Seed Round in 2021
DigiKhata is an innovative application designed for shopkeepers and businesses to streamline their bookkeeping and accounting processes. The app allows users to manage customer accounts with ease and provides a secure platform for tracking business transactions. It assists in maintaining both business and personal accounts, managing ledgers, and handling debit-credit transactions, including installment payments. DigiKhata also supports multiple currencies, enabling clients to manage various business ledgers and record transactions digitally from a single application. This comprehensive approach helps businesses maintain accurate financial records and simplifies the overall management of their finances.

TruKKer

Series B in 2021
TruKKer operates a digital freight network designed to enhance land freight services by integrating demand and supply through real-time data analytics. The platform simplifies logistics and fleet management by connecting shippers with available transporters, ensuring optimal asset utilization while reducing transportation costs. By leveraging data, TruKKer promotes reliability and transparency in the logistics process, creating opportunities for cost savings and improved efficiency. Its rapid growth is facilitating data monetization and consolidated procurement, allowing businesses to navigate cross-border transportation with greater ease.

QuotaBook

Seed Round in 2021
Quotabook is a company that specializes in equity management.

Autarky Advisors

Acquisition in 2021
Autarky Advisors is a venture builder and proprietary investment and advisory company based in Bahrain.

TruKKer

Secondary Market in 2021
TruKKer operates a digital freight network designed to enhance land freight services by integrating demand and supply through real-time data analytics. The platform simplifies logistics and fleet management by connecting shippers with available transporters, ensuring optimal asset utilization while reducing transportation costs. By leveraging data, TruKKer promotes reliability and transparency in the logistics process, creating opportunities for cost savings and improved efficiency. Its rapid growth is facilitating data monetization and consolidated procurement, allowing businesses to navigate cross-border transportation with greater ease.

Retailo

Seed Round in 2021
Retailo is an online business-to-business marketplace focused on enhancing the retail supply chain in the MENAP region. Founded in 2020 and headquartered in Riyadh, Saudi Arabia, the company leverages technology to streamline and improve the processes involved in retail distribution. By providing a digital platform for retailers and suppliers, Retailo aims to facilitate efficient transactions and better inventory management, ultimately contributing to the modernization of the retail sector in the area.

NymCard

Seed Round in 2021
NymCard is a payment platform that specializes in enabling financial institutions to issue innovative digital payment products across Africa and the Middle East. Founded in 2016 and based in Abu Dhabi, NymCard offers a comprehensive suite of services including mobile wallet solutions, card issuance and processing, cloud solutions, and security services. The platform utilizes advanced open APIs and mobile SDKs to facilitate the rapid deployment of plastic, virtual, or tokenized cards, allowing clients to launch new payment solutions in as little as eight weeks. By focusing on user experience and security, NymCard aims to address the low penetration of payment cards in regions where traditional banking infrastructure has been limited.

Lendo

Series A in 2021
Lendo is a fintech company that offers a peer-to-peer lending platform with core focus towards SMEs' debt finance. Its platform provides a variety of financing products for SMEs with an initial focus on pre-invoicing finance. The company was founded in 2019 and is based in Saudi Arabia.

Aumet

Seed Round in 2021
Aumet allows medical manufacturers and distributors increase their sales by sharing hospital inquiries, business news, search for products, and find potential clients. Manufacturers and distributors who work together connect and get verified so they share hospital inquiries, market business news between each other . Suppliers list their products and connect with distributors who sell these products and select countries, where they are looking for distributors, in the meantime distributors, connects with their suppliers, search for new product and list their interests.

NymCard

Series A in 2021
NymCard is a payment platform that specializes in enabling financial institutions to issue innovative digital payment products across Africa and the Middle East. Founded in 2016 and based in Abu Dhabi, NymCard offers a comprehensive suite of services including mobile wallet solutions, card issuance and processing, cloud solutions, and security services. The platform utilizes advanced open APIs and mobile SDKs to facilitate the rapid deployment of plastic, virtual, or tokenized cards, allowing clients to launch new payment solutions in as little as eight weeks. By focusing on user experience and security, NymCard aims to address the low penetration of payment cards in regions where traditional banking infrastructure has been limited.

Capiter

Seed Round in 2020
Capiter is a B2B e-commerce marketplace that focuses on providing cash flow solutions for small to medium-sized businesses in Egypt. Founded in 2019 and headquartered in Cairo, Capiter enables suppliers to receive immediate payment for their sales, thereby reducing collection and credit risks. The platform also offers buyers flexible payment plans, allowing them to access credit on their purchases. By streamlining transactions and enhancing cash flow management, Capiter supports the growth and financial stability of small businesses and vendors in the region.

Capiter

Pre Seed Round in 2020
Capiter is a B2B e-commerce marketplace that focuses on providing cash flow solutions for small to medium-sized businesses in Egypt. Founded in 2019 and headquartered in Cairo, Capiter enables suppliers to receive immediate payment for their sales, thereby reducing collection and credit risks. The platform also offers buyers flexible payment plans, allowing them to access credit on their purchases. By streamlining transactions and enhancing cash flow management, Capiter supports the growth and financial stability of small businesses and vendors in the region.

Retailo

Pre Seed Round in 2020
Retailo is an online business-to-business marketplace focused on enhancing the retail supply chain in the MENAP region. Founded in 2020 and headquartered in Riyadh, Saudi Arabia, the company leverages technology to streamline and improve the processes involved in retail distribution. By providing a digital platform for retailers and suppliers, Retailo aims to facilitate efficient transactions and better inventory management, ultimately contributing to the modernization of the retail sector in the area.

Retailo

Pre Seed Round in 2020
Retailo is an online business-to-business marketplace focused on enhancing the retail supply chain in the MENAP region. Founded in 2020 and headquartered in Riyadh, Saudi Arabia, the company leverages technology to streamline and improve the processes involved in retail distribution. By providing a digital platform for retailers and suppliers, Retailo aims to facilitate efficient transactions and better inventory management, ultimately contributing to the modernization of the retail sector in the area.

Truck Lagbe

Seed Round in 2020
Truck Lagbe is a logistics platform based in Bangladesh that specializes in shipping and freight booking. The company offers an application available on both Android and iOS, allowing shippers to easily hire trucks for transporting goods. The platform accommodates various truck sizes, ranging from 1 ton to 25 tons, facilitating both short-haul and long-haul transportation. By streamlining the process of truck booking, Truck Lagbe aims to enhance logistics efficiency and ensure the safe delivery of goods for businesses.

Wajeez

Pre Seed Round in 2020
Operator of an online reader's marketplace intended to sell books online. The company's marketplace offers a wide variety of books in the form of paperbacks and audiobooks from various authors and is shipped all over the world, enabling readers to have access to scientific, educational, and storybooks.

Lean

Seed Round in 2020
Lean Technologies Limited is a Saudi B2B company that specializes in providing a developer-friendly application programming interface (API) platform aimed at facilitating access to financial data and payment initiation for fintech companies. Founded in 2019 and headquartered in Riyadh, the company partners with financial institutions to create an integration layer that enhances existing systems while ensuring transparency and control over shared customer data. Lean offers a Universal API that allows fintechs to connect with multiple financial institutions through a single platform, thereby simplifying the integration process and enabling seamless access to users' bank accounts. This approach helps both developers and financial institutions navigate the complexities of financial infrastructure while maintaining oversight and security.

Airlift (Logistics)

Series A in 2020
Airlift Technologies Pvt. Ltd. is a Lahore-based company that operates the Airlift mobile application, which facilitates a daily pick-and-drop service for commuters in the city. The app connects passengers with bus owners, providing a convenient and cost-effective transportation option. Airlift offers air-conditioned buses, making it a comfortable alternative to traditional modes of transport like rickshaws, while charging significantly lower fares. This service aims to enhance urban mobility by efficiently linking residential areas with commercial hubs across Lahore.

TruKKer

Secondary Market in 2020
TruKKer operates a digital freight network designed to enhance land freight services by integrating demand and supply through real-time data analytics. The platform simplifies logistics and fleet management by connecting shippers with available transporters, ensuring optimal asset utilization while reducing transportation costs. By leveraging data, TruKKer promotes reliability and transparency in the logistics process, creating opportunities for cost savings and improved efficiency. Its rapid growth is facilitating data monetization and consolidated procurement, allowing businesses to navigate cross-border transportation with greater ease.

VUZ

Series A in 2020
360VUZ is a mobile application that specializes in 360-degree live video streaming, providing users with immersive virtual reality experiences. Founded in 2017 and based in Dubai, United Arab Emirates, the app delivers both live and on-demand 360 video content, focusing on events such as sporting competitions, concerts, and exclusive appearances by influencers. It has gained significant popularity, ranking first in the Entertainment category on app stores and surpassing established platforms. With over four million users, 360VUZ is recognized for its exceptional video quality and innovative technology, holding more than two patents. The company aims to establish a comprehensive ecosystem for video and virtual reality, making such experiences mainstream.

Khazna

Seed Round in 2020
Khazna is an Egyptian company focused on enhancing financial services through its mobile application. The platform offers a range of services, including payments, savings, and insurance, while also allowing employers to provide cash advances to employees for unforeseen emergencies. Users can easily transfer and receive funds between each other and make cash withdrawals and deposits without incurring transaction fees. By leveraging smartphone technology, Khazna aims to deliver convenient, effective, and secure financial solutions to consumers in Egypt.

Breadfast

Series A in 2020
Breadfast is a Cairo-based company that specializes in producing a variety of bread and bakery products, including white and brown toast, baguettes, multigrain bread, rye, and various types of buns and pastries. Established in 2017, Breadfast operates an online delivery service that ensures customers receive fresh bakery items each morning, eliminating the need for freezing or defrosting. The company's product range also includes different flavors of muffins and croissants, as well as other grocery essentials like milk, eggs, and personal care items. By offering a convenient one-stop platform for daily needs, Breadfast aims to enhance the shopping experience for its customers.

Sarwa

Series A in 2020
Sarwa Digital Wealth Limited develops a platform that offers investment advice. It offers investment strategies for better returns, simplified investing, and automated investing. The company was founded in 2016 and is based in Dubai, United Arab Emirates.

Quickbus

Seed Round in 2020
QuickBus operates as an online marketplace ticketing system. QuickBus allows users to see reviews for different buses in Africa and book their seats online through its mobile application.

Repzo

Seed Round in 2019
Repzo is a company that specializes in developing cloud-based mobile customer relationship management (CRM) software. Founded in 2015 and headquartered in Amman, Jordan, Repzo offers a mobile sales CRM application designed to enhance field force management. This innovative application transforms smartphones and tablets into comprehensive tools for managing customer relationships and sales activities, enabling businesses to streamline their operations and improve efficiency in the field.

TruKKer

Series A in 2019
TruKKer operates a digital freight network designed to enhance land freight services by integrating demand and supply through real-time data analytics. The platform simplifies logistics and fleet management by connecting shippers with available transporters, ensuring optimal asset utilization while reducing transportation costs. By leveraging data, TruKKer promotes reliability and transparency in the logistics process, creating opportunities for cost savings and improved efficiency. Its rapid growth is facilitating data monetization and consolidated procurement, allowing businesses to navigate cross-border transportation with greater ease.

Pure Harvest Smart Farms

Seed Round in 2019
Pure Harvest Smart Farms is a Dubai-based company specializing in the production and sale of organic tomatoes and other premium fruits and vegetables. It operates in the challenging climates of the Arab Gulf region, utilizing advanced controlled-environment agriculture technologies. The company is committed to sustainable agriculture and aims to enhance food security by implementing innovative growing techniques and horticultural best practices. By focusing on year-round production, Pure Harvest seeks to provide affordable, high-quality fresh produce to meet the demands of the local market.

Teacherly

Seed Round in 2019
Teacherly develops an collaborative planning and peer to peer online platform for teaching and curriculum. Its platform allows the teachers to plan and deliver lessons online and connects teachers and students. Teacherly was founded in 2015 and is based in London, United Kingdom. It has additional offices in Manchester and Derby, United Kingdom.

RentSher

Seed Round in 2019
RentSher Online Rentals Pvt Ltd. is an online rental platform based in Bengaluru, India, specializing in a diverse range of products for various needs. Established in 2014, it operates in major cities including Delhi, Gurugram, and Noida. The platform offers rentals for children's toys, costumes for both kids and adults, and event supplies such as birthday setups, tents, and audio/video equipment. Additionally, it provides office equipment rentals, including laptops and projectors, as well as fashion items and household goods. RentSher promotes a collaborative consumption model, allowing users to rent out their products while managing payments and deliveries to ensure a convenient experience for customers. The company's focus on quality and variety makes it a comprehensive solution for rental needs in homes, offices, and events.

Clara

Seed Round in 2019
Clara’s goal is to make setting up and managing a robust legal structure as efficient as possible, so that founders can concentrate their limited resources on their team, product and customers.

MUNCH:ON

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

MUNCH:ON

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

Melltoo

Seed Round in 2019
Melltoo "No-Meetup Classifieds" is a mobile marketplace for buying and selling second hand things. The app is available for iPhones and Androids and as a mobile responsive web app.

Yawmi

Seed Round in 2019
Yawmi operates an application through which users can browse, order and track orders. The company offers online food delivery services. Yawmi is based in Dubai, United Arab Emirates.

ImpactGuru

Series A in 2018
Impact Guru is a fintech company offering a full stack crowdfunding solution that combines social,rewards and investment crowdfunding/ fundraising for individuals, nonprofits, social enterprises, or startups for all their fundraising needs - be it small or large. The company was incubated at Harvard Innovation Lab’s Venture Initiation Program in USA in 2014 and PACT at Impact Hub in Singapore in 2015. Impact Guru has offices in Mumbai, New Delhi, Singapore, Hong Kong, Jakarta, Kuala Lumpur, and San Francisco

SmartCrowd

Seed Round in 2018
SmartCrowd is a real estate investment platform that facilitates access to the UAE real estate market through a user-friendly online portal. By allowing low minimum investments, it enables individuals to invest in fractional shares of properties, making real estate investment more accessible to low and middle-income individuals. The platform simplifies the investment process by allowing users to treat their properties like stock portfolios, thereby focusing on asset allocation rather than the complexities of managing physical properties. This innovative approach not only reduces barriers to entry but also provides significant time and cost savings, empowering investors to build a diversified property portfolio without excessive leverage or risk.

TruKKer

Seed Round in 2018
TruKKer operates a digital freight network designed to enhance land freight services by integrating demand and supply through real-time data analytics. The platform simplifies logistics and fleet management by connecting shippers with available transporters, ensuring optimal asset utilization while reducing transportation costs. By leveraging data, TruKKer promotes reliability and transparency in the logistics process, creating opportunities for cost savings and improved efficiency. Its rapid growth is facilitating data monetization and consolidated procurement, allowing businesses to navigate cross-border transportation with greater ease.

Sarwa

Seed Round in 2018
Sarwa Digital Wealth Limited develops a platform that offers investment advice. It offers investment strategies for better returns, simplified investing, and automated investing. The company was founded in 2016 and is based in Dubai, United Arab Emirates.

RentSher

Seed Round in 2018
RentSher Online Rentals Pvt Ltd. is an online rental platform based in Bengaluru, India, specializing in a diverse range of products for various needs. Established in 2014, it operates in major cities including Delhi, Gurugram, and Noida. The platform offers rentals for children's toys, costumes for both kids and adults, and event supplies such as birthday setups, tents, and audio/video equipment. Additionally, it provides office equipment rentals, including laptops and projectors, as well as fashion items and household goods. RentSher promotes a collaborative consumption model, allowing users to rent out their products while managing payments and deliveries to ensure a convenient experience for customers. The company's focus on quality and variety makes it a comprehensive solution for rental needs in homes, offices, and events.

RentSher

Seed Round in 2018
RentSher Online Rentals Pvt Ltd. is an online rental platform based in Bengaluru, India, specializing in a diverse range of products for various needs. Established in 2014, it operates in major cities including Delhi, Gurugram, and Noida. The platform offers rentals for children's toys, costumes for both kids and adults, and event supplies such as birthday setups, tents, and audio/video equipment. Additionally, it provides office equipment rentals, including laptops and projectors, as well as fashion items and household goods. RentSher promotes a collaborative consumption model, allowing users to rent out their products while managing payments and deliveries to ensure a convenient experience for customers. The company's focus on quality and variety makes it a comprehensive solution for rental needs in homes, offices, and events.

ImpactGuru

Series A in 2018
Impact Guru is a fintech company offering a full stack crowdfunding solution that combines social,rewards and investment crowdfunding/ fundraising for individuals, nonprofits, social enterprises, or startups for all their fundraising needs - be it small or large. The company was incubated at Harvard Innovation Lab’s Venture Initiation Program in USA in 2014 and PACT at Impact Hub in Singapore in 2015. Impact Guru has offices in Mumbai, New Delhi, Singapore, Hong Kong, Jakarta, Kuala Lumpur, and San Francisco

Joi Gifts

Seed Round in 2018
Joi Gifts is an online retail platform that specializes in a diverse range of gift items for various occasions, including Christmas, birthdays, anniversaries, corporate events, and romantic celebrations. The company offers an extensive selection of products such as flowers, cakes, gourmet gift baskets, balloons, personalized gifts, and unique items like singing telegrams and watches. Additionally, Joi Gifts provides experience gifts, including access to amusement parks and salons. Established in 2015 and based in the United Arab Emirates, Joi Gifts emphasizes quality and convenience, offering same-day delivery services in major metropolitan areas, thereby enhancing the gift-giving experience for customers.

Enhance Ventures

Seed Round in 2018
Enhance Ventures is a venture builder based in Dubai, United Arab Emirates, focusing on developing web and mobile-enabled businesses in the Middle East, North Africa, Pakistan, and Turkey (MENAPT) regions. Founded in 2015, the company aims to create online platforms that provide life-enhancing products and services. Among its notable portfolio is joi, a leading online gift aggregator in the Middle East, which facilitates the selection and purchasing of gifts. Additionally, Enhance Ventures operates MEDIGO, a global marketplace for medical travel that streamlines the process of searching, booking, and arranging healthcare services abroad. The firm has attracted investment from various sources, including venture capital funds and prominent angel investors from the Middle East, Europe, and the United States.

Pure Harvest Smart Farms

Seed Round in 2017
Pure Harvest Smart Farms is a Dubai-based company specializing in the production and sale of organic tomatoes and other premium fruits and vegetables. It operates in the challenging climates of the Arab Gulf region, utilizing advanced controlled-environment agriculture technologies. The company is committed to sustainable agriculture and aims to enhance food security by implementing innovative growing techniques and horticultural best practices. By focusing on year-round production, Pure Harvest seeks to provide affordable, high-quality fresh produce to meet the demands of the local market.

Sarwa

Seed Round in 2017
Sarwa Digital Wealth Limited develops a platform that offers investment advice. It offers investment strategies for better returns, simplified investing, and automated investing. The company was founded in 2016 and is based in Dubai, United Arab Emirates.

Yabi

Series B in 2017
Souqalmal.com LLC FZ operates a leading financial comparison website in the Middle East, providing consumers in the UAE and Saudi Arabia with the tools to search and compare various financial products. Founded in 2012 and headquartered in Dubai, the platform offers detailed information on credit cards, personal loans, car loans, bank accounts, mortgages, and various insurance options, including car, home, travel, and SME insurance. Users can obtain real-time quotes for insurance in under 60 seconds and have their policies issued within an hour. Souqalmal.com has also expanded its services to include mobile phone and broadband plans, as well as educational options like schools and nurseries. The company has received multiple awards for its innovative approach and has grown its insurance business significantly. With backing from notable investors and a proven track record, Souqalmal.com continues to empower consumers to make informed financial decisions.

Mask Boutique

Seed Round in 2017
Mask Boutique is a provider of skincare and beauty products.

Luma Health

Seed Round in 2017
Luma Health Inc. is a San Francisco-based company that develops a patient engagement platform aimed at facilitating communication between healthcare providers and patients. Founded in 2015, the platform is designed to help healthcare systems and clinics efficiently manage patient appointments, including smart scheduling and referral management. It also offers features such as appointment reminders, mobile patient intake, care pathways, and EHR integrations, alongside analytics and insights. By connecting patients to care quickly and ensuring adherence to treatment plans, Luma Health enhances the overall patient experience and helps healthcare providers maintain a full schedule while improving treatment procedures.

Pure Harvest Smart Farms

Seed Round in 2016
Pure Harvest Smart Farms is a Dubai-based company specializing in the production and sale of organic tomatoes and other premium fruits and vegetables. It operates in the challenging climates of the Arab Gulf region, utilizing advanced controlled-environment agriculture technologies. The company is committed to sustainable agriculture and aims to enhance food security by implementing innovative growing techniques and horticultural best practices. By focusing on year-round production, Pure Harvest seeks to provide affordable, high-quality fresh produce to meet the demands of the local market.

Tank Utility

Seed Round in 2016
With over $150 billion spent on delivered fuels (i.e. Propane, Heating Oil, Diesel, etc.) every year, fuel distribution companies struggle to efficiently plan deliveries with more than 50% of all delivery miles (or about 1/6th of total market spend) being unnecessary. Tank Utility uses real-time tank level measurements from IoT monitors and innovative business intelligence software to eliminate wasted delivery miles while helping fuel providers provide a better customer experience through greater transparency..

Spry Health

Seed Round in 2016
Spry Health, Inc. is a digital health solutions company based in Palo Alto, California, established in 2013. It specializes in developing a clinical-grade wearable device and a disease management platform designed to support chronically ill patients. The company's chargeable wristband monitors daily health and fitness activities, providing real-time analytics through a mobile application. This technology enables healthcare organizations to enhance patient outcomes, manage chronic conditions, prevent medical emergencies, and reduce hospitalizations and overall healthcare costs. Spry Health focuses on delivering individualized analytics that assist healthcare payers in efficiently managing the small percentage of patients who contribute significantly to health spending.
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