Wamda Capital

Wamda Capital is the MENA region's leading venture capital firm investing in exceptional entrepreneurs building the region's most promising high growth technology businesses. We invest both at the growth and seed stages with the aim of taking portfolio companies through successive rounds of financing through to exit.

Walid Faza

Partner and Investment Principal

Fares Ghandour

Partner

Fadi Ghandour

Chairman and CEO

98 past transactions

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.

Eyewa Fz Llc

Series A in 2019
Eyewa is the first dedicated online eyewear store for the Middle East. We have thousands of different eyeglasses, sunglasses, color contact lenses and prescription contact lenses for you to choose from. On Eyewa, you’ll find quintessentially cool brands like Ray-Ban and Emporio Armani, heritage brands like Burberry and Persol, high-fashion brands like Fendi, Dolce & Gabbanaand Prada sporty brands like Nike and Lacoste and everything in between. Discover their brands portfolio with thousands of styles here.

BitOasis Technologies FZE

Seed Round in 2016
Based in Dubai with an outlook towards emerging markets, BitOasis is a fintech startup building the infrastructure for new digital payment products using the blockchain. BitOasis bitcoin exchange platform, wallet and integrations provide the tools to onboard consumers and businesses to a borderless and efficient digital payment system.

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.

LambdaTest

Series B in 2021
LambdaTest is a scalable cloud-based cross-browser testing platform designed to offer all website or web app testing needs to cloud infrastructure. Its goal is to empower developers and testers with a single integrated ecosystem wherein they can perform all their tests confidently. It was formed in 2017 and headquartered in San Francisco, California.

BitOasis Technologies FZE

Seed Round in 2016
Based in Dubai with an outlook towards emerging markets, BitOasis is a fintech startup building the infrastructure for new digital payment products using the blockchain. BitOasis bitcoin exchange platform, wallet and integrations provide the tools to onboard consumers and businesses to a borderless and efficient digital payment system.

BitOasis Technologies FZE

Series B in 2021
Based in Dubai with an outlook towards emerging markets, BitOasis is a fintech startup building the infrastructure for new digital payment products using the blockchain. BitOasis bitcoin exchange platform, wallet and integrations provide the tools to onboard consumers and businesses to a borderless and efficient digital payment system.

NOW Money

Venture Round in 2021
NOW Money uses mobile banking technology to bring accounts and remittance to the unbanked population of the Middle East. It provides a convenient and easy to use solution for those currently excluded from the financial system, bringing full access to the financial system, and significant savings on remittance.

MNT-Halan

Venture Round in 2021
MNT-Halan is a microfinance lending and payments company.

Ziina

Seed Round in 2021
Ziina FZ-LLC provides payment-processing services. The company develops a mobile application through which a user can transfer money to other users by linking the bank account to the application. Ziina FZ-LLC was founded in 2019 and is based in Dubai, United Arab Emirates.

Taptap Send

Series B in 2021
Taptap Send is an app that lets immigrants send money back home to Africa instantly and at very low prices. Since launching in summer 2018, it has already moved tens of millions of dollars and reached tens of thousands of customers. It is live in seven European countries, and support payments into Senegal, Mali, Zambia, Ghana and the Ivory Coast, with more countries launching soon.

Tabby

Seed Round in 2019
tabby provides consumers across the UAE and Saudi Arabia with the flexibility to pay for their online and in-store purchases either in a deferred single payment or in multiple installments. tabby’s proprietary decision engine allows customers to check out instantly and pay later at no cost to the consumer.

Eyewa Fz Llc

Series B in 2020
Eyewa is the first dedicated online eyewear store for the Middle East. We have thousands of different eyeglasses, sunglasses, color contact lenses and prescription contact lenses for you to choose from. On Eyewa, you’ll find quintessentially cool brands like Ray-Ban and Emporio Armani, heritage brands like Burberry and Persol, high-fashion brands like Fendi, Dolce & Gabbanaand Prada sporty brands like Nike and Lacoste and everything in between. Discover their brands portfolio with thousands of styles here.

FlexxPay

Seed Round in 2021
FlexxPay offers an online platform to employers whose employees can access their earned salaries & commissions instantly, before the regular payday.​ We provide an instant pay platform allowing employees to access a portion of already earned salaries whenever needed, thus ending financial stress.

Twiga Foods Ltd.

Series A in 2017
Twiga is a mobile-based supply platform for Africa’s retail outlets, kiosks, and market stalls. The company is using a mobile-based, cashless, business-to-business (B2B) supply platform to access distribution into the millions of small and medium-sized vendors in African urban markets. Founded in 2013, Twiga is based in Nairobi, Kenya.

Golden Scent

Series B in 2019
GOLDEN SCENT develops an e-commerce platform that offers branded perfumes, cosmetics, skincare and hair products. The company’s application feature enables users to try on products before buying them. Its online platform focuses on serving as an online beauty destination, enabling clients to receive various sorts of luxury perfumes and scents from a single platform. The company was founded in 2014 and is based in Dammam, Saudi Arabia.

Insider

Series D in 2022
Insider develops a growth management platform. The company’s platform helps digital marketers drive growth from acquisition to activation, retention and revenue, and leveraging real-time predictive segmentation by artificial intelligence and machine learning capabilities. It serves various industries, including retail, automotive, finance, eBetting, travel, and media. Insider was formerly known as SOCIAPlus. The company was founded in 2012 and is based in Singapore. It has additional offices in London, United Kingdom; Singapore; Tokyo, Japan; Dubai, United Arab Emirates; Moscow, Russia; Warsaw, Poland; Kuala Lumpur, Malaysia; Jakarta, Indonesia; Istanbul, Turkey; Kiev, Ukraine; Sydney, Australia; Seoul, South Korea; Ho Chi Minh City, Vietnam; Bangkok, Thailand; Hong Kong; and Taipei, Taiwan.

Crowd Analyzer

Seed Round in 2018
The 1st fully automated social web monitoring platform that support Arabic language with it's different dialects as well as supporting English. The innovation comes from the ability to automatically understands Arabic text in terms of relevance, dialect and sentiment.

Crowd Analyzer

Series A in 2019
The 1st fully automated social web monitoring platform that support Arabic language with it's different dialects as well as supporting English. The innovation comes from the ability to automatically understands Arabic text in terms of relevance, dialect and sentiment.

MNT-Halan

Private Equity Round in 2021
MNT-Halan is a microfinance lending and payments company.

Tarfin

Series A in 2021
Tarfin Tarim AS develops and operates a cloud-based credit platform that provides underbanked farmers with farm inputs and point-of-sale financing. It allows retailers to both eliminate receivable risk and free up capital from accounts receivable while using a proprietary credit algorithm. The company was founded in 2017 and is based in Istanbul, Turkey.

Capsule Social

Pre Seed Round in 2021
Capsule Social operates as a decentralized social media platform.

Seez

Seed Round in 2017
Seez is a data-first automotive platform. The Seez mobile app for car shoppers offers a smart search engine for online car listings, as well as proprietary, AI-powered tools, and services that make the car shopping journey faster, easier and more efficient. App available in UAE, KSA, Kuwait, South Africa, and Pakistan.

Penny Software

Seed Round in 2022
Simple. Spending. Software. As above. But, more specifically, penny is a cloud-based Procure-To-Pay system. penny helps you digitize and manage your full procurement cycle from request to approval. Manage RFQs to vendors, compare quotations, send POs and even payment. penny was designed to make things easy and consolidate all of your organization’s spending needs into one intelligent system

yallacompare

Venture Round in 2016
Yallacompare is the finance comparison site in the middle east with operations across 9 countries in the mena region. Since 2011 they have helped users compare banking products saving each one thousands of dollars every year. Since banking and insurance go hand in hand, they told their team to go out and build a platform that could save their users even more money. Their insurance tech is state of the art and built right here in the uae by their team of ninja geeks. Thanks to the efforts of their ninja geeks, you can now easily compare the price of your home insurance from the leading insurers with just a few clicks. Best of all, you can buy online and get your policy issued instantly.

OfficeRock

Venture Round in 2017
Online e-commerce store specifically built to service small and medium businesses in the United Arab Emirates. The company aims to offer end to end business supply solutions from office supplies, paper, toners, technology, pantry, cleaning and uniforms.

FunDok

Pre Seed Round in 2020
Fundok is a cloud based guest experience management platform that targets the fast growing market of short term rentals. Fundok platform enriches travelers experience by providing them with relevant and localized information about their destination as well as access to a suite of services such as food delivery, grocery, bookings and reservations, as well as essential information on their apartment and area. FunDok platform enables short term rental operators to enhance their guest's experience by building loyalty, diversifying their revenue and differentiating from competitors.

Golden Scent

Series A in 2017
GOLDEN SCENT develops an e-commerce platform that offers branded perfumes, cosmetics, skincare and hair products. The company’s application feature enables users to try on products before buying them. Its online platform focuses on serving as an online beauty destination, enabling clients to receive various sorts of luxury perfumes and scents from a single platform. The company was founded in 2014 and is based in Dammam, Saudi Arabia.
GrocerApp Pakistan Pvt. Ltd. develops, owns, and operates a platform that helps users to order groceries and get it delivered at the doorsteps. The company’s platform offers vegetables, fruits, milk, chicken, mutton, oil, ghee, spices, salt, sugar, personal care products, dry fruits and nuts, baby care products, bakery and dairy products, beverages, infant food, and cat food. Its products include GrocerApp, a platform to order groceries. The company also sells the products online through its platform. The company was founded in 2016 and is based in Lahore, Pakistan.

STEP Group

Series A in 2017
STEP Group is a leading digital and new media company in the Middle East with a house of modern news and entertainment brands.

LUNCH: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

Eyewa Fz Llc

Series A in 2019
Eyewa is the first dedicated online eyewear store for the Middle East. We have thousands of different eyeglasses, sunglasses, color contact lenses and prescription contact lenses for you to choose from. On Eyewa, you’ll find quintessentially cool brands like Ray-Ban and Emporio Armani, heritage brands like Burberry and Persol, high-fashion brands like Fendi, Dolce & Gabbanaand Prada sporty brands like Nike and Lacoste and everything in between. Discover their brands portfolio with thousands of styles here.

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.

Jamalon, Inc.

Series A in 2015
Jamalon is the largest online bookstore in Middle East. Offering more than 9.3 million Arabic and English titles from 30,000 publishers with home delivery and customized payment methods that suit Middle East region.

NOW Money

Series A in 2019
NOW Money uses mobile banking technology to bring accounts and remittance to the unbanked population of the Middle East. It provides a convenient and easy to use solution for those currently excluded from the financial system, bringing full access to the financial system, and significant savings on remittance.

Twiga Fruits

Series A in 2017
Twiga Fruits is committed to working with farmers to grow delicious fruit for people to enjoy. Their philosophy is that consumers appreciate knowing that the high quality fruits on their table come from a supply chain that fairly treats farmers and it’s their job to provide that bridge. Twiga Fruits is a progressive leader in Kenya’s fruit industry. With a conviction that domestic fruit sales and foreign exports should serve as a backbone of Kenya’s economy, Twiga Fruits is built around a team of reformers with over 80 collective years of agronomic and supply chain experience. In Kenya’s growing urban dwellings, Twiga Fruits is lowering prices by building distribution networks that beat the costly informal networks of layers of middlemen and brokers. When they say “Better Produce, Better Prices,” they mean it. There is no reason Kenyan fruit should cost as much in Nairobi as Dubai. For export markets, Twiga Fruits is raising standards through being the market leader in digitized traceability of products. Twiga Fruits treats all their farmers for what they are: professionals. As a company policy, Twiga Fruits differentiates itself by refusing to work with third-party “brokers”: traders who dominate the Kenyan fruit trade, profiting on farmers’ limited access to markets by buying at exploitatively prices, paying weeks later, and selling on to the local markets and exporters. Twiga Fruits instead buys directly from the farmer, and they believe a farmer deserves to get paid immediately for any produce he sells. They make sure their farmers receive the technical support to increase production levels, meet global quality standards, and seek credit to expand their operations. It’s not only the right thing to do: it’s good for the farmer, for us, for Kenya, and for consumers.

OfficeRock

Seed Round in 2017
Online e-commerce store specifically built to service small and medium businesses in the United Arab Emirates. The company aims to offer end to end business supply solutions from office supplies, paper, toners, technology, pantry, cleaning and uniforms.

Arabia Weather

Series A in 2015
Arabia Weather features hourly-updated weather forecasts and alerts in United Arab Emirates.

Kharabeesh

Series B in 2016
Some think they are a production house, Others think its an animation studio or just a bunch of comedians they are actually all that and more. They are YouTubers they are an online entertainment network that serves Arab internet users around the world. It's considered now one of the leading multi-channel networks 'MCN' and broadcasters on YouTube.<br /> Kharabeesh produces and co-produces genuine shows, animations, music and short movies to be published on YouTube and social media for online audience.

Floranow.com

Seed Round in 2017
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.

ASWAT FZ LLC

Series A in 2019
ASWAT FZ LLC designs and develops contact center solutions for sales, marketing, customer support, and developers. The company provides, Ziwo, cloud center software which offers API based CRM integration and virtual phone numbers in every country. Its platform's features include a virtual call center, call queueing, call transfer, toll free numbers, customizable dashboard, customizable service-level agreements mobile application, call whispering, auto dialer, priority queue, and customer support. ASWAT FZ LLC was founded in 2010 and is based in Dubai, United Arab Emirates.

Geeks

Seed Round in 2016
Technology is taking over and we’re becoming more and more dependent on it. It has become the core of every business in every industry and it’s dominating consumer products and households with phones, laptops, tablets and smart home technologies. Geeks is an on-demand business that connects the right Geek with businesses and consumers based on time, location and skill set. This allows the customer to get the most efficient service possible.

Tamatem Inc.

Series A in 2020
Tamatem Inc., a mobile gaming studio and publishing company, focuses on developing games for the unaddressed Arabic speaking smart phone users. The company engages in publishing racing, drifting, RPG-MMO, strategy, puzzle and word, and trivia games. Tamatem Inc. has a strategic partnership with Tilting Point. The company was founded in 2013 and is headquartered in Amman, Jordan with an additional office in Mountain View, California.

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.

Modanisa

Venture Round in 2017
Modanisa is an online fashion retailer for women's Islamic clothing, dresses and accessories. The site offers clothing and accessories to women of all ages and offers shipping and delivery all over the world. The site also trends latest hijab styles for women along with fashion tips for the Muslim regions. Designer abayas and jilbabs, Kayra, Armine, Aker and Tekbir are also sold online.

The Luxury Closet

Series B in 2016
The Luxury Closet is a fast growing online market platform that buys, sells, and consigns luxury items, mostly pre-owned, at a discounted price maintaining brand and item integrity and the assurance of authenticity. The Luxury Closet is the first of its kind in the GCC region in terms of size, market reach and scalability. It has achieved massive traction in a short period of time, and double digit monthly growth.

BitOasis Technologies FZE

Venture Round in 2018
Based in Dubai with an outlook towards emerging markets, BitOasis is a fintech startup building the infrastructure for new digital payment products using the blockchain. BitOasis bitcoin exchange platform, wallet and integrations provide the tools to onboard consumers and businesses to a borderless and efficient digital payment system.

yallacompare

Series A in 2015
Yallacompare is the finance comparison site in the middle east with operations across 9 countries in the mena region. Since 2011 they have helped users compare banking products saving each one thousands of dollars every year. Since banking and insurance go hand in hand, they told their team to go out and build a platform that could save their users even more money. Their insurance tech is state of the art and built right here in the uae by their team of ninja geeks. Thanks to the efforts of their ninja geeks, you can now easily compare the price of your home insurance from the leading insurers with just a few clicks. Best of all, you can buy online and get your policy issued instantly.

Tarfin

Series A in 2020
Tarfin Tarim AS develops and operates a cloud-based credit platform that provides underbanked farmers with farm inputs and point-of-sale financing. It allows retailers to both eliminate receivable risk and free up capital from accounts receivable while using a proprietary credit algorithm. The company was founded in 2017 and is based in Istanbul, Turkey.

Twiga Foods Ltd.

Series B in 2018
Twiga is a mobile-based supply platform for Africa’s retail outlets, kiosks, and market stalls. The company is using a mobile-based, cashless, business-to-business (B2B) supply platform to access distribution into the millions of small and medium-sized vendors in African urban markets. Founded in 2013, Twiga is based in Nairobi, Kenya.

LUNCH: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

Clara Technologies Limited

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.

OfficeRock

Seed Round in 2016
Online e-commerce store specifically built to service small and medium businesses in the United Arab Emirates. The company aims to offer end to end business supply solutions from office supplies, paper, toners, technology, pantry, cleaning and uniforms.

AqarMap.com

Series A in 2018
AqarMap.com operates as an online real estate marketplace for buying, selling, and renting properties in the Middle East. The company also provides advertise solutions to real estate sellers, developers and property managers, and advertisers. It enables users to list and search for properties to sell or rent. The company is based in Sana'a, Yemen.

Mumzworld.com

Series B in 2018
Mumzworld.com operates an online shopping site that sells products for kids, babies, and moms. The company offers diapers, feeding products, toys, outdoor products, bathing solutions, clothes, safety products, nursery equipment, and books. It serves customers in the United Arab Emirates, Saudi Arabia, Qatar, Kuwait, Bahrain, Oman, Jordan, Lebanon, and internationally. The company was founded in 2011 and is based in Dubai, United Arab Emirates with representative offices in the United Arab Emirates and Saudi Arabia.

The Luxury Closet

Series C in 2018
The Luxury Closet is a fast growing online market platform that buys, sells, and consigns luxury items, mostly pre-owned, at a discounted price maintaining brand and item integrity and the assurance of authenticity. The Luxury Closet is the first of its kind in the GCC region in terms of size, market reach and scalability. It has achieved massive traction in a short period of time, and double digit monthly growth.

Tamatem Inc.

Series A in 2018
Tamatem Inc., a mobile gaming studio and publishing company, focuses on developing games for the unaddressed Arabic speaking smart phone users. The company engages in publishing racing, drifting, RPG-MMO, strategy, puzzle and word, and trivia games. Tamatem Inc. has a strategic partnership with Tilting Point. The company was founded in 2013 and is headquartered in Amman, Jordan with an additional office in Mountain View, California.

Ureed.com

Seed Round in 2020
Ureed.com is a platform that connects expert freelancers with employers looking for professional services in content creation and translation. Forget legacy freelancer platforms that slow you down, Ureed.com supports your workflow and simulates a real-life experience for both employers and freelancers so you can focus on getting the job done, not the logistics and technicalities. A Tech-Powered Approach Leverage the power of innovation, we’ve equipped Ureed.com with various technologies such as AI and machine learning to provide you with a seamless experience. The experience we’ve accrued since 2017 is helping us create the best working environment for freelancers and employers. We know what people are looking for and we work hard to make it happen.

Nana Direct

Series B in 2020
Nana is an online grocery platform that provides doorstep deliveries of groceries and other home essentials. The company's platform offers a wide assortment of groceries, fruits, and vegetables, cosmetics, electronics, bakery items, and flowers that enables consumers to purchase products online and get them delivered to their homes. Nana was established in 2016 and is headquartered in Riyadh, Ar Riyad, Saudi Arabia.

yallacompare

Series C in 2019
Yallacompare is the finance comparison site in the middle east with operations across 9 countries in the mena region. Since 2011 they have helped users compare banking products saving each one thousands of dollars every year. Since banking and insurance go hand in hand, they told their team to go out and build a platform that could save their users even more money. Their insurance tech is state of the art and built right here in the uae by their team of ninja geeks. Thanks to the efforts of their ninja geeks, you can now easily compare the price of your home insurance from the leading insurers with just a few clicks. Best of all, you can buy online and get your policy issued instantly.

FlexxPay

Seed Round in 2019
FlexxPay offers an online platform to employers whose employees can access their earned salaries & commissions instantly, before the regular payday.​ We provide an instant pay platform allowing employees to access a portion of already earned salaries whenever needed, thus ending financial stress.

Insider

Series C in 2020
Insider develops a growth management platform. The company’s platform helps digital marketers drive growth from acquisition to activation, retention and revenue, and leveraging real-time predictive segmentation by artificial intelligence and machine learning capabilities. It serves various industries, including retail, automotive, finance, eBetting, travel, and media. Insider was formerly known as SOCIAPlus. The company was founded in 2012 and is based in Singapore. It has additional offices in London, United Kingdom; Singapore; Tokyo, Japan; Dubai, United Arab Emirates; Moscow, Russia; Warsaw, Poland; Kuala Lumpur, Malaysia; Jakarta, Indonesia; Istanbul, Turkey; Kiev, Ukraine; Sydney, Australia; Seoul, South Korea; Ho Chi Minh City, Vietnam; Bangkok, Thailand; Hong Kong; and Taipei, Taiwan.

Penny Software

Seed Round in 2020
Simple. Spending. Software. As above. But, more specifically, penny is a cloud-based Procure-To-Pay system. penny helps you digitize and manage your full procurement cycle from request to approval. Manage RFQs to vendors, compare quotations, send POs and even payment. penny was designed to make things easy and consolidate all of your organization’s spending needs into one intelligent system

Tarfin

Seed Round in 2018
Tarfin Tarim AS develops and operates a cloud-based credit platform that provides underbanked farmers with farm inputs and point-of-sale financing. It allows retailers to both eliminate receivable risk and free up capital from accounts receivable while using a proprietary credit algorithm. The company was founded in 2017 and is based in Istanbul, Turkey.

Mumzworld.com

Series A in 2016
Mumzworld.com operates an online shopping site that sells products for kids, babies, and moms. The company offers diapers, feeding products, toys, outdoor products, bathing solutions, clothes, safety products, nursery equipment, and books. It serves customers in the United Arab Emirates, Saudi Arabia, Qatar, Kuwait, Bahrain, Oman, Jordan, Lebanon, and internationally. The company was founded in 2011 and is based in Dubai, United Arab Emirates with representative offices in the United Arab Emirates and Saudi Arabia.

Nestrom

Seed Round in 2018
Nestrom is an Ag-Tech company focused on delivering high end, easy to deploy Agricultural software products and solutions. They aspire to transform all farms into smart farms. Just like factories, their goal is to empower enterprise farms & farm owners to be able to set their operations in a very solid fashion. their commitment is to enable the agri-businesses to be able to trace and map costs vs outputs from a macro to a granular level.

Aanaab

Seed Round in 2020
Aanaab offers online courses in Arabic for teachers and educators to help them improve their skills in different areas including self-development, educational strategies, education techniques, and educational tools and techniques.

OfficeRock

Seed Round in 2016
Online e-commerce store specifically built to service small and medium businesses in the United Arab Emirates. The company aims to offer end to end business supply solutions from office supplies, paper, toners, technology, pantry, cleaning and uniforms.

Insider

Series A in 2016
Insider develops a growth management platform. The company’s platform helps digital marketers drive growth from acquisition to activation, retention and revenue, and leveraging real-time predictive segmentation by artificial intelligence and machine learning capabilities. It serves various industries, including retail, automotive, finance, eBetting, travel, and media. Insider was formerly known as SOCIAPlus. The company was founded in 2012 and is based in Singapore. It has additional offices in London, United Kingdom; Singapore; Tokyo, Japan; Dubai, United Arab Emirates; Moscow, Russia; Warsaw, Poland; Kuala Lumpur, Malaysia; Jakarta, Indonesia; Istanbul, Turkey; Kiev, Ukraine; Sydney, Australia; Seoul, South Korea; Ho Chi Minh City, Vietnam; Bangkok, Thailand; Hong Kong; and Taipei, Taiwan.

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.

Modanisa

Debt Financing in 2016
Modanisa is an online fashion retailer for women's Islamic clothing, dresses and accessories. The site offers clothing and accessories to women of all ages and offers shipping and delivery all over the world. The site also trends latest hijab styles for women along with fashion tips for the Muslim regions. Designer abayas and jilbabs, Kayra, Armine, Aker and Tekbir are also sold online.

LUNCH:ON

Seed Round in 2016
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

Jamalon, Inc.

Series B in 2019
Jamalon is the largest online bookstore in Middle East. Offering more than 9.3 million Arabic and English titles from 30,000 publishers with home delivery and customized payment methods that suit Middle East region.

Modanisa

Private Equity Round in 2019
Modanisa is an online fashion retailer for women's Islamic clothing, dresses and accessories. The site offers clothing and accessories to women of all ages and offers shipping and delivery all over the world. The site also trends latest hijab styles for women along with fashion tips for the Muslim regions. Designer abayas and jilbabs, Kayra, Armine, Aker and Tekbir are also sold online.

Volt

Seed Round in 2016
Volt is an on-demand inner-city peer-to-peer ridesharing app that connects car owners with passengers going in the same direction. Unlike traditional car hailing apps which dispatch cars to the passenger’s location, Volt connects passengers with cars already driving in traffic and heading to the same destination. Carowners earn back theirdriving expenses (~200€/mo - without making profit), while passengers enjoy rides that are 70% cheaper than taxi.

News Deeply

Seed Round in 2017
News Deeply, Inc., a media and technology company, designs and builds online platforms and user-centric projects for news, live events, information design, and social participation. The company also creates educational content for teachers in the United States. In addition, it ideates and creates custom projects for think tanks, institutions, and private sector partners; and offers Syria Deeply, an independent digital media project that explores the model of storytelling around a global crisis. News Deeply, Inc. was founded in 2012 and is headquartered in New York, New York.

Insider

Series B in 2018
Insider develops a growth management platform. The company’s platform helps digital marketers drive growth from acquisition to activation, retention and revenue, and leveraging real-time predictive segmentation by artificial intelligence and machine learning capabilities. It serves various industries, including retail, automotive, finance, eBetting, travel, and media. Insider was formerly known as SOCIAPlus. The company was founded in 2012 and is based in Singapore. It has additional offices in London, United Kingdom; Singapore; Tokyo, Japan; Dubai, United Arab Emirates; Moscow, Russia; Warsaw, Poland; Kuala Lumpur, Malaysia; Jakarta, Indonesia; Istanbul, Turkey; Kiev, Ukraine; Sydney, Australia; Seoul, South Korea; Ho Chi Minh City, Vietnam; Bangkok, Thailand; Hong Kong; and Taipei, Taiwan.

KapGel

Seed Round in 2016
KapGel Teknoloji A.S. design, develops, owns, and operates a delivery platform which connects retailers, e-commerce companies and consumers with local courier companies. The company was founded in 2014 and is based in Turkey.

Volt Lines

Series A in 2019
Volt Lines operates an online platform that provides subscription based transportation services in Istanbul. The company’s platform allows users to book a seat on mini-buses for their commute to and from work. It also offers mobile application. The company was founded in 2017 and is based in Istanbul, Turkey.

Boxit Technology FZ-LLC

Seed Round in 2016
Boxit Technology FZ-LLC owns and operates an online platform that connects people who need extra space to store their personal items with logistic companies that share their extra storage space and take care of the transportation. It enables users to store, visualize, and manage items; control the pickup, storage, and delivery of their items; and browse their online visual catalog, choose the boxes they need, and schedule a delivery of their stored boxes. The company was founded in 2015 and is based in Dubai, United Arab Emirates.

Ziina

Seed Round in 2021
Ziina FZ-LLC provides payment-processing services. The company develops a mobile application through which a user can transfer money to other users by linking the bank account to the application. Ziina FZ-LLC was founded in 2019 and is based in Dubai, United Arab Emirates.

yallacompare

Series B in 2017
Yallacompare is the finance comparison site in the middle east with operations across 9 countries in the mena region. Since 2011 they have helped users compare banking products saving each one thousands of dollars every year. Since banking and insurance go hand in hand, they told their team to go out and build a platform that could save their users even more money. Their insurance tech is state of the art and built right here in the uae by their team of ninja geeks. Thanks to the efforts of their ninja geeks, you can now easily compare the price of your home insurance from the leading insurers with just a few clicks. Best of all, you can buy online and get your policy issued instantly.

Nana Direct

Series A in 2019
Nana is an online grocery platform that provides doorstep deliveries of groceries and other home essentials. The company's platform offers a wide assortment of groceries, fruits, and vegetables, cosmetics, electronics, bakery items, and flowers that enables consumers to purchase products online and get them delivered to their homes. Nana was established in 2016 and is headquartered in Riyadh, Ar Riyad, Saudi Arabia.

littleBits Electronics

Series B in 2015
LittleBits is an open source library of over 60 electronic modules that snap together with magnets allows users to view, download, and share designs and make their own Bits through the use of prototypes. Deluxe kit, Smart home kit, Arduino coding kit, Synth kit, hardware development kit, and workshop set are some of the electronics learning modules provided by littleBits. LittleBits was launched by Ayah Bdeir in 2011 and is operated from New York, United States.

liwwa, Inc.

Series A in 2019
liwwa connects small businesses in need of capital with people who want to invest in them. The company’s peer-to-peer lease-to-own model addresses the capital access and interest-free investor return opportunities. Liwwa conducts in-house reviews of a small business's creditability and enables them to pay a monthly fee to investors. Founded in 2013, Liwwa raised seed funding with DASH Ventures, al Etihad, and MENA Venture Investments, which it plans to use to hire several new team members, including an underwriting team and to support a new product offering.

Simply New Cars

Pre Seed Round in 2020
Simply New Cars provides complete information on every new car in the UAE, relieving the anxiety and hassle of having to visit a physical dealership. We provide detailed info on every model with comparison, pricing, availability, and purchase tools. We believe in a world where buying a car online should be as easy as any other digital purchase. Our data-driven approach gives us an unparalleled level of market insight and the advantage of boasting the highest-converting leads in the market with 21% of enquiries converting into a new car purchase.