Faith Capital is a Kuwait-based venture capital firm established in 2016, specializing in investments across various stages, including seed, early, and later stages. The firm focuses on e-commerce businesses in the MENA region, targeting companies with high growth potential. With a management team that possesses extensive business experience in the Gulf Cooperation Council (GCC), Faith Capital aims to support talented founders by fostering sound operations both locally and internationally. The firm's investment interests also extend to sectors such as information technology, software as a service, mobile, and the Internet of Things, emphasizing its commitment to nurturing innovative ventures that contribute to long-term value creation.
Mealplanet offers an online marketplace platform that simplifies the process of ordering meal plans from various providers. The platform caters to diverse needs, including fitness goals, dietary restrictions, and busy lifestyles. Users can manage their meal plans directly through the application, ensuring convenience and customization. Mealplanet connects consumers with a wide range of meal brands, providing a comprehensive solution for meal planning and delivery.
Cognna
Seed Round in 2023
COGNNA is a SaaS cybersecurity company focused on leveraging cognitive technology to enhance security operations, providing innovative solutions for proactive threat detection, anomaly identification, and adaptive risk management. Our mission is to simplify complex forensic analysis and empower security analysts with intelligence insights for comprehensive threat understanding.
VUZ
Series B in 2022
VUZ is a leading immersive social application that allows users to stream and engage with XR and Metaverse digital experiences featuring a high level of realism. The platform connects the physical and virtual worlds, offering the largest premium library of exclusive immersive content, with over 20,000 hours covering entertainment, sports, and various creator segments. VUZ aims to foster global connections by providing authentic immersive experiences, thereby overcoming travel, time, and access constraints for billions of users worldwide. Established in 2017, the company operates offices in Los Angeles, Dubai, and Riyadh, and its application supports live streaming of virtual sports, talk shows, music, and events, enhancing user engagement through immersive technologies.
Nana
Venture Round in 2022
Nana is an online grocery platform based in Saudi Arabia that specializes in providing doorstep deliveries of a diverse range of products. The platform offers an extensive selection of groceries, fruits, vegetables, cosmetics, electronics, bakery items, and flowers, allowing consumers to conveniently purchase items online. By focusing on home delivery, Nana aims to simplify the shopping experience for its users, making it easier for them to access essential goods from the comfort of their homes.
Playbook
Pre Seed Round in 2022
Playbook is an edutainment platform designed to empower women by leveraging storytelling and shared experiences. It offers masterclasses in English and Arabic, led by influential women who have broken barriers, addressing various pain points related to personal growth. The platform allows users to create custom profiles, identify their skills and career goals, and engage with over 1000 classes across diverse categories, including emerging professions. Users can network within a community to crowdsource solutions to their challenges and participate in a gamified learning experience with progress trackers. Additionally, Playbook operates as a self-serving platform that helps users discover food and beverage options at bars, restaurants, and trending hotspots by providing information about these locations and special offers available to locals.
Nana
Convertible Note in 2021
Nana is an online grocery platform based in Saudi Arabia that specializes in providing doorstep deliveries of a diverse range of products. The platform offers an extensive selection of groceries, fruits, vegetables, cosmetics, electronics, bakery items, and flowers, allowing consumers to conveniently purchase items online. By focusing on home delivery, Nana aims to simplify the shopping experience for its users, making it easier for them to access essential goods from the comfort of their homes.
One Click Delivery Services
Series B in 2021
One Click Delivery Services operates a last mile delivery platform that connects various stakeholders in the delivery process, including call centers, drivers, point of sale outlets, businesses, and consumers. Founded in 2015 and based in Dubai, United Arab Emirates, the company aims to redefine last mile delivery by facilitating seamless and personalized service from local businesses to customers' doorsteps. Its technology-enabled platform features a robust delivery management system that includes GPS location tracking and automated customer notifications, effectively closing the gap between merchants and their clients.
Fakespot
Series A in 2020
Fakespot Inc. is a data analytics company focused on identifying fake online product reviews to protect consumers in the eCommerce space. Established in 2016 and headquartered in New York, Fakespot employs patented algorithms and artificial intelligence to analyze consumer reviews, detecting unreliable content and potential scams. The platform helps users by providing a grade on the authenticity of reviews, allowing them to make informed purchasing decisions and find better alternatives. Fakespot's mobile application is available on both the App Store and Google Play, enhancing accessibility for consumers seeking to navigate the complexities of online shopping.
Floward
Venture Round in 2020
Floward is an online flower and gifts eCommerce platform that offers a diverse selection of products, including flowers, cakes, balloons, and chocolate boxes, tailored for various occasions such as birthdays, anniversaries, and weddings. The company provides same-day delivery services sourced from both local and international brands, ensuring timely service for its customers. Floward has experienced aggressive expansion, currently operating in 36 cities across nine countries in the MENA region and the United Kingdom. In December 2020, it marked its first venture outside the Middle East by launching its platform in London, further broadening its reach and enhancing its service offerings.
JustClean
Series B in 2020
JustClean is a laundry technology company based in Kuwait that operates within the Gulf Cooperation Council (GCC) region. Founded in 2017 by brothers Athbi and Nouri Al-Enezi, JustClean provides both business-to-business (B2B) and business-to-consumer (B2C) services through a user-friendly on-demand platform. The platform allows users to easily book a range of cleaning services, including laundry, home cleaning, and car washing, all accessible at the touch of a button. JustClean's mission is to digitize the cleaning industry, offering convenient and efficient solutions that enhance users' daily lives. The company is committed to delivering quality service through continuous development and timely execution, ensuring a stress-free experience that meets essential cleaning needs across the GCC, including the UAE, Saudi Arabia, Kuwait, Bahrain, and Qatar.
Yougotagift.com
Venture Round in 2020
YouGotaGift.com LTD. is a Dubai-based company that operates an online platform for sending prepaid gift cards across the Middle East, specifically in the United Arab Emirates, Qatar, and Lebanon. Founded in 2013, the company provides a diverse selection of gift cards from over 400 brands, covering categories such as fashion, electronics, beauty, travel, and charitable causes. In addition to consumer gifting, YouGotaGift specializes in corporate services, offering eGift cards, employee rewards, incentive programs, and customer loyalty solutions. The platform allows users to conveniently send electronic gift cards to friends and family via email, SMS, or through its mobile app, catering to various occasions including birthdays, baby showers, and corporate events.
Crowd Analyzer
Series A in 2019
The 1st media and digital crowd monitoring, analytics and activation by which brands and agencies can understand people's opinions on social, analyze their content, ask them questions, and incentive them to do digital actions.
Justmop
Series B in 2019
Justmop.com DMCC operates an online platform that enables users to book a variety of cleaning services conveniently. Founded in 2014 and based in Dubai, United Arab Emirates, Justmop offers services including maid services, deep cleaning, housekeeping, and specialized cleaning such as carpet, mattress, and sofa cleaning. The platform allows customers to book, pay for, and rate services seamlessly, connecting them with cleaning companies and ensuring high-quality service delivery. Justmop aims to facilitate efficient booking for customers while helping its partner cleaning companies maximize their business opportunities.
BulkWhiz
Series A in 2019
Bulkwhiz is the first hassle-free online bulk grocery shopping in the UAE, powered by the next generation artificial intelligence. It is the first local startup in its sector to develop its own proprietary AI-enabled technology that offers a personalized, simple online shopping experience for households and small businesses. Through its homegrown tech solution, Bulkwhiz delivers value and is designed to save time, money and effort for the busy working moms and dads, city dwellers and small businesses. Its one-click order offers door-to-door delivery service of branded bulk, shelf stable, household staples and office products. Carefully curating leading regional and international brands, Bulkwhiz allows shoppers to create a one-time smart and flexible shopping list that makes the arduous shopping of bulk products simple and easy.
Foodics
Series A in 2019
Foodics is a technology company based in AlKhobar, Saudi Arabia, founded in 2014. It specializes in developing a cloud-based restaurant management system designed for iPads, catering to the needs of restaurants, food trucks, cafes, and fast-food chains across the Middle East. The platform offers comprehensive solutions including point-of-sale transactions, inventory management, employee scheduling, loyalty programs, e-commerce integration, and real-time operational oversight through a user-friendly dashboard. Foodics aims to enhance revenue generation and customer relationships for its clients by providing high-tech, easy-to-use tools that streamline restaurant operations.
Inagrab
Seed Round in 2019
Inagrab, Inc. is a company that specializes in providing an online data analysis platform tailored for online retailers. Founded in 2017 and based in Lewes, Delaware, Inagrab offers a comprehensive dashboard that allows users to track sales performance, access valuable data insights, and generate leads. The company’s core product, Dalooni, connects businesses with a sales force comprised of individuals who are not formally employed, particularly targeting unemployed youth in the MENA region. This platform not only facilitates income generation for these individuals but also enhances their business development skills. Furthermore, Inagrab provides marketing consulting services, reinforcing its commitment to helping businesses optimize their sales performance and grow effectively.
Eyewa
Series A in 2019
Eyewa is an online optical store focused on simplifying the eyewear shopping experience. The company offers a diverse range of products, including sunglasses, prescription glasses, blue-light reading glasses, and contact lenses. By providing a user-friendly platform, Eyewa aims to make eyewear shopping accessible and affordable for customers, catering to both fashion and functional needs.
CaptainPanel
Seed Round in 2019
CaptainPanel, LLC operates a software-as-a-service (SaaS) online booking platform specifically designed for the water sports industry. Founded in 2018 and based in San Diego, California, CaptainPanel enables users to book a variety of activities such as fishing charters, boat rentals, and diving services. The platform simplifies complex transactions by providing features such as customer support, payment processing, accounting, built-in reporting, and marketing services. CaptainPanel also enhances connectivity for activity staff through a cloud-synced system, facilitating seamless communication and management. Additionally, the company assists water-based businesses in establishing their online presence by creating modern, mobile-friendly websites tailored to attract customers and build trust.
JustClean
Series A in 2019
JustClean is a laundry technology company based in Kuwait that operates within the Gulf Cooperation Council (GCC) region. Founded in 2017 by brothers Athbi and Nouri Al-Enezi, JustClean provides both business-to-business (B2B) and business-to-consumer (B2C) services through a user-friendly on-demand platform. The platform allows users to easily book a range of cleaning services, including laundry, home cleaning, and car washing, all accessible at the touch of a button. JustClean's mission is to digitize the cleaning industry, offering convenient and efficient solutions that enhance users' daily lives. The company is committed to delivering quality service through continuous development and timely execution, ensuring a stress-free experience that meets essential cleaning needs across the GCC, including the UAE, Saudi Arabia, Kuwait, Bahrain, and Qatar.
Snapbook
Seed Round in 2018
Snapbook, established in 2015, is the leading full-service internet photo publishing company in the MENA region, catering to a global customer base. The company offers a range of products, including personalized photo books, high-resolution prints, mobile cases, and various gift items. Snapbook stands out in the region by providing unique services such as an all-female production team, Cash on Delivery options, and exclusive partnerships with local delivery services. Through its mobile and web applications, Snapbook enables users to transform their cherished memories into tangible keepsakes, enhancing the personalization of gifts and home décor.
Fakespot
Seed Round in 2018
Fakespot Inc. is a data analytics company focused on identifying fake online product reviews to protect consumers in the eCommerce space. Established in 2016 and headquartered in New York, Fakespot employs patented algorithms and artificial intelligence to analyze consumer reviews, detecting unreliable content and potential scams. The platform helps users by providing a grade on the authenticity of reviews, allowing them to make informed purchasing decisions and find better alternatives. Fakespot's mobile application is available on both the App Store and Google Play, enhancing accessibility for consumers seeking to navigate the complexities of online shopping.
Crowd Analyzer
Seed Round in 2018
The 1st media and digital crowd monitoring, analytics and activation by which brands and agencies can understand people's opinions on social, analyze their content, ask them questions, and incentive them to do digital actions.
JustClean
Seed Round in 2018
JustClean is a laundry technology company based in Kuwait that operates within the Gulf Cooperation Council (GCC) region. Founded in 2017 by brothers Athbi and Nouri Al-Enezi, JustClean provides both business-to-business (B2B) and business-to-consumer (B2C) services through a user-friendly on-demand platform. The platform allows users to easily book a range of cleaning services, including laundry, home cleaning, and car washing, all accessible at the touch of a button. JustClean's mission is to digitize the cleaning industry, offering convenient and efficient solutions that enhance users' daily lives. The company is committed to delivering quality service through continuous development and timely execution, ensuring a stress-free experience that meets essential cleaning needs across the GCC, including the UAE, Saudi Arabia, Kuwait, Bahrain, and Qatar.
JustClean
Pre Seed Round in 2017
JustClean is a laundry technology company based in Kuwait that operates within the Gulf Cooperation Council (GCC) region. Founded in 2017 by brothers Athbi and Nouri Al-Enezi, JustClean provides both business-to-business (B2B) and business-to-consumer (B2C) services through a user-friendly on-demand platform. The platform allows users to easily book a range of cleaning services, including laundry, home cleaning, and car washing, all accessible at the touch of a button. JustClean's mission is to digitize the cleaning industry, offering convenient and efficient solutions that enhance users' daily lives. The company is committed to delivering quality service through continuous development and timely execution, ensuring a stress-free experience that meets essential cleaning needs across the GCC, including the UAE, Saudi Arabia, Kuwait, Bahrain, and Qatar.
JustClean
Acquisition in 2017
JustClean is a laundry technology company based in Kuwait that operates within the Gulf Cooperation Council (GCC) region. Founded in 2017 by brothers Athbi and Nouri Al-Enezi, JustClean provides both business-to-business (B2B) and business-to-consumer (B2C) services through a user-friendly on-demand platform. The platform allows users to easily book a range of cleaning services, including laundry, home cleaning, and car washing, all accessible at the touch of a button. JustClean's mission is to digitize the cleaning industry, offering convenient and efficient solutions that enhance users' daily lives. The company is committed to delivering quality service through continuous development and timely execution, ensuring a stress-free experience that meets essential cleaning needs across the GCC, including the UAE, Saudi Arabia, Kuwait, Bahrain, and Qatar.
Justlife
Justlife is a prominent online platform in the Middle East, specializing in home services. The company offers a comprehensive marketplace for various services, including home cleaning, beauty and wellness, maintenance, and laundry. Through its user-friendly platform, Justlife enables customers to easily book, pay for, and rate service providers, facilitating a seamless experience for scheduling appointments via mobile devices. The company's vision is to evolve into an all-encompassing app that addresses all home service needs.
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