Udrive
Venture Round in 2022
Udrive operates a vehicle sharing platform that enables users to access rentals from street locations via mobile devices, paying as they drive. It is a pioneer in pay-per-minute car sharing in the Middle East, offering on-demand access to rental cars through a mobile-enabled system. The service supports flexible terms from minutes to days, providing convenient mobility without ownership. By addressing urban car demand, energy costs, and parking constraints, the platform reduces the environmental and space impacts of private car ownership while increasing transportation accessibility. Through its mobile access model, users can pick up and drop off vehicles at convenient locations, aligning with flexible lifestyles and faster, vehicle-based travel across the region.
Wahed
Venture Round in 2020
Wahed is a financial technology and services company that offers an ethics-driven, Shariah-compliant investment platform. The business provides a digital, user-friendly platform with a range of investment products, including managed portfolios, venture investments, and real estate opportunities, all designed to meet Islamic principles. Through automated systems and optimization algorithms, Wahed enables individuals seeking ethical and compliant investment options outside traditional banks. The company emphasizes transparency, accessibility, and alignment with users' religious and ethical preferences.
Casengine App
Venture Round in 2020
CasEngine is a LegalTech organization focused on improving the efficiency of legal work through a cloud-based workflow automation system. This platform offers a range of features, including customizable workflows, task automation, and auto-pilots for various legal processes. Additionally, it incorporates built-in tracking, reminders, email notifications, and alert systems, which help law firms and legal institutions manage client legal files more effectively. By enhancing teamwork and organizing cases and appointments, CasEngine aims to address the stringent requirements of the legal industry and drive significant improvements in productivity.
Fodel operates a network of pick-up locations across the GCC region, providing an alternative to home delivery for online shoppers. It connects e-commerce companies, logistics providers, and local merchants to optimize last-mile delivery, offering faster, cheaper, and more convenient parcel collection.
Wahed
Corporate Round in 2019
Wahed is a financial technology and services company that offers an ethics-driven, Shariah-compliant investment platform. The business provides a digital, user-friendly platform with a range of investment products, including managed portfolios, venture investments, and real estate opportunities, all designed to meet Islamic principles. Through automated systems and optimization algorithms, Wahed enables individuals seeking ethical and compliant investment options outside traditional banks. The company emphasizes transparency, accessibility, and alignment with users' religious and ethical preferences.