Modus Capital

Modus Capital is a private equity and venture capital firm established in 2015, headquartered in New York, with an additional office in Cairo, Egypt. The firm specializes in investing in lower-mid market, seed, startup, and growth capital stages, focusing primarily on small-to-medium enterprises in the MENA region, including the UAE, Egypt, the Levant, and select Gulf Cooperation Council countries, as well as the United States. Modus Capital is industry agnostic but has a notable interest in sectors such as FinTech, HealthTech, direct-to-consumer e-commerce, education, and SaaS products, including those utilizing blockchain technology. The firm typically invests between $0.5 million and $2 million. Additionally, Modus Capital manages the Modus Africa VC Fund, which aims to support early-stage ventures in Africa, particularly in information technology, blockchain, artificial intelligence, and machine learning.

Andre Ayotte

General Partner, Africa

Kareem Elsirafy

Managing Partner

Vianney Mathonnet

General Partner, Africa

Past deals in Egypt

Pravica

Seed Round in 2020
Pravica, Inc. is a blockchain-based email service provider based in Cairo, Egypt, which specializes in developing application software that ensures secure and private communication. Founded in 2019 and formerly known as Dmails, LLC, Pravica offers a decentralized email service that encrypts all forms of communication including emails, chats, voice calls, and video conferences. By utilizing blockchain technology, the platform protects users' personal information from unauthorized access and third-party data sales. Additionally, Pravica facilitates cryptocurrency payments, allowing users to send and receive payments directly through email. The company's services cater to a diverse clientele, including corporate entities, individuals, and freelancers, prioritizing privacy and security in digital communication.
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