Ibtikar Fund

Ibtikar Fund is a venture capital firm founded in 2015 and based in Ramallah, Palestine. The firm specializes in seed and early-stage investments, primarily targeting innovative technology companies in the Palestinian region. Ibtikar Fund aims to bridge the funding gap between local accelerators and later-stage venture capital investors by supporting high-potential companies that address both regional and global market needs. Its investment strategy encompasses initial seed funding, post-acceleration support, and potential series A investments. Ibtikar Fund leverages a strong network of investors and advisors to enhance the growth and success of its portfolio companies across various sectors, including technology, media, and marketing.

Ambar Amleh

COO

Habib Hazzan

Managing General Partner

Reem Qawasmi

Venture Partner

Past deals in Palestine

Kenz

Seed Round in 2021
Kenz is a brand for women, by women. Kenz, meaning treasure in Arabic, is an e-commerce site selling lingerie to Middle Eastern market. Our solution was to create an online space to bring trendy styles and a variety of sizes to the region. We’ve teamed up with amazing brands from all over the world, some of which have been featured in Vogue, ELLE, In Style, Cosmopolitan and Modern Bride. Our goal at Kenz is to be the premiere online destination for lingerie shopping in the Middle East. We carry a large variety of sizes and products ranging from bras, bottoms, sleepwear, pajamas and perfect pieces for brides, honeymoons and anniversaries.

Tawazon

Seed Round in 2020
Tawazon is offers its users meditations guides in Arabic to help them practice breathing exercises, mindfulness and relaxation before sleep.

LogesTechs

Pre Seed Round in 2019
LogesTechs specializes in delivery management software tailored for express delivery providers, including those in parcel, document, and food delivery sectors. The software streamlines delivery operations by digitizing and integrating various processes involved in logistics management. It offers features that enable users to oversee their operations, manage accounting, handle cash on delivery, track drivers, and monitor package deliveries. By improving operational efficiency and reducing errors related to accounting and package loss, LogesTechs supports delivery firms in enhancing their overall service quality.

Safra

Seed Round in 2019
Safra Inc. is a technology-driven company that has developed an innovative online travel platform for travel agents, founded in 2017 and based in Ramallah, Palestinian Authority. The platform facilitates seamless connections between travel service providers, allowing agents to receive offers and book comprehensive travel packages for their clients. Safra's platform enables users to create and customize vacations by integrating various travel components, such as flights, accommodations, activities, and transportation, all from a single interface. This approach offers travel agents significant flexibility and control in designing tailored packages, while also providing access to discounts and promotional offers, thereby enhancing the overall travel planning experience.

Vidmass

Pre Seed Round in 2018
Vidmass is a SaaS business that helps SMEs and enterprises to produce marketing video content for social media channels and websites using customizable video and graphics templates. Clients upload their own text, images, logos, and then the templates produce eye-catching video overlays in minutes. Vidmass solves the cost and time problem that's exist in traditional video production for those channels that may require an in-house team or hire a social media marketing agency.

SocialDice

Seed Round in 2017
SocialDice Inc. is a company that specializes in developing and operating recruitment software and applicant tracking systems as a Software-as-a-Service (SaaS). Its primary product, SocialDice, allows employers to streamline their hiring processes by advertising job openings across multiple platforms, including LinkedIn and Bayt, with just a few clicks. The software employs advanced artificial intelligence and semantic algorithms to analyze candidate qualifications and match them with job requirements, providing insights into key metrics such as loyalty and career gaps. Additionally, SocialDice facilitates effective collaboration among hiring teams through a centralized dashboard, enabling users to manage candidate communications, create professional job descriptions, and track the entire hiring process from a single interface. Founded in 2013, SocialDice is headquartered in Dubai, United Arab Emirates, with an additional office in Ramallah, Palestine.

Kenz

Seed Round in 2017
Kenz is a brand for women, by women. Kenz, meaning treasure in Arabic, is an e-commerce site selling lingerie to Middle Eastern market. Our solution was to create an online space to bring trendy styles and a variety of sizes to the region. We’ve teamed up with amazing brands from all over the world, some of which have been featured in Vogue, ELLE, In Style, Cosmopolitan and Modern Bride. Our goal at Kenz is to be the premiere online destination for lingerie shopping in the Middle East. We carry a large variety of sizes and products ranging from bras, bottoms, sleepwear, pajamas and perfect pieces for brides, honeymoons and anniversaries.

MockApp

Seed Round in 2017
MockApp is a design collaboration and workflow platform that allows designers to build, share and manage interactive web and mobile prototypes.

RedCrow

Seed Round in 2016
RedCrow Intelligence is a private intelligence company based in the Palestinian Authority that specializes in providing risk mitigation solutions for organizations and individuals in the Middle East and North Africa. The firm emphasizes the use of Open-Source Intelligence (OSINT) to deliver detailed and accurate real-time data regarding current and potential security threats, such as armed conflicts and roadblocks. By utilizing an online platform and mobile application, RedCrow offers continuously updated intelligence feeds and customized services that help clients navigate volatile political environments. Its methodologies integrate open source, human intelligence, and social intelligence, enabling users to receive timely and actionable risk assessments and alerts that support both tactical and strategic decision-making.

SocialDice

Seed Round in 2015
SocialDice Inc. is a company that specializes in developing and operating recruitment software and applicant tracking systems as a Software-as-a-Service (SaaS). Its primary product, SocialDice, allows employers to streamline their hiring processes by advertising job openings across multiple platforms, including LinkedIn and Bayt, with just a few clicks. The software employs advanced artificial intelligence and semantic algorithms to analyze candidate qualifications and match them with job requirements, providing insights into key metrics such as loyalty and career gaps. Additionally, SocialDice facilitates effective collaboration among hiring teams through a centralized dashboard, enabling users to manage candidate communications, create professional job descriptions, and track the entire hiring process from a single interface. Founded in 2013, SocialDice is headquartered in Dubai, United Arab Emirates, with an additional office in Ramallah, Palestine.
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