Faith Capital Holding

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.

Abdulaziz Hayat

Associate, Venture Capital

Past deals in Arabian Gulf

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.

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.

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.

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.

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.

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.
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