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 MENA

VUZ

Series B in 2022
VUZ is a developer of an immersive video platform and social app for XR and Metaverse experiences. It streams 360-degree video, live events, and interactive entertainment across VR, AR, and other devices, enabling users to access immersive content from anywhere. It offers a large library of content (over 20,000 hours) spanning entertainment, creators, and sports, and features such as gyroscope-based navigation and social sharing to enhance realism and interactivity. It aims to connect people by removing travel, time, and access constraints. Founded in 2017, the company operates with offices in Los Angeles, Dubai, and Riyadh.

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 is a Dubai-based company founded in 2015 that specializes in last mile delivery solutions. The company operates a technology-driven platform that connects various stakeholders in the delivery process, including call centers, drivers, point of sale outlets, and both business and consumer customers. By offering seamless and personalized delivery from local businesses to consumers' doorsteps, One Click Delivery Services aims to bridge the last-mile gap effectively. Their delivery management system incorporates features such as GPS tracking and automated customer notifications, ensuring an efficient and transparent delivery experience. This innovative approach positions the company as a key player in the evolving logistics landscape of the region.

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
Founded in Kuwait in 2017 by Athbi and Nouri Al-Enezi, JustClean is a GCC-based laundry technology company offering B2B and B2C services. It provides marketplace applications, SaaS, logistics, and delivery support for professional cleaning services, aiming to facilitate stress-free, user-friendly experiences.

Yougotagift.com

Venture Round in 2020
YouGotaGift.com LTD. is an online platform based in Dubai, United Arab Emirates, that specializes in sending prepaid gift cards through web and mobile devices in the Middle East. Founded in 2013, the company provides a diverse selection of gift cards from over 400 brands across various categories, including fashion, electronics, beauty, travel, and more. YouGotaGift.com caters to both individual consumers and businesses, offering services such as corporate rewards, employee incentive programs, and group gifting for occasions like birthdays and celebrations. The platform enables users to conveniently send eGift cards via email and SMS to recipients in the United Arab Emirates, Qatar, and Lebanon, enhancing the gifting experience for both personal and corporate needs.

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 cloud-based restaurant management platform that runs on an iPad, offering point-of-sale transactions, inventory management, employee scheduling, loyalty programs, e-commerce, and a management dashboard. The system integrates an iPad kitchen display, menu management, notifications, call center, and inventory and supply chain capabilities to provide a holistic view of operations. Founded in 2014 and headquartered in AlKhobar, Saudi Arabia, Foodics serves restaurants, food trucks, cafes, and quick-service chains in the Middle East, with thousands of customers and real-time operational insights. The platform supports English and Arabic, offers various add-on apps, and aims to streamline sales, logistics, and customer relationships to help clients increase revenues and enhance dining experiences.

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.

JustClean

Series A in 2019
Founded in Kuwait in 2017 by Athbi and Nouri Al-Enezi, JustClean is a GCC-based laundry technology company offering B2B and B2C services. It provides marketplace applications, SaaS, logistics, and delivery support for professional cleaning services, aiming to facilitate stress-free, user-friendly experiences.

Snapbook

Seed Round in 2018
Established in 2015, Snapbook is a leading online photo publishing service in the MENA region, catering to a global customer base. The company offers a diverse range of personalized printing services, including photo books, high-resolution prints, mobile cases, and various gift items, allowing users to preserve and celebrate their cherished memories. Snapbook stands out by providing unique services such as an all-female production team, Cash on Delivery options, and collaborations with regional delivery partners. With both mobile and web applications, Snapbook delivers a user-friendly experience for customers seeking high-quality, customized products.

JustClean

Seed Round in 2018
Founded in Kuwait in 2017 by Athbi and Nouri Al-Enezi, JustClean is a GCC-based laundry technology company offering B2B and B2C services. It provides marketplace applications, SaaS, logistics, and delivery support for professional cleaning services, aiming to facilitate stress-free, user-friendly experiences.

JustClean

Pre Seed Round in 2017
Founded in Kuwait in 2017 by Athbi and Nouri Al-Enezi, JustClean is a GCC-based laundry technology company offering B2B and B2C services. It provides marketplace applications, SaaS, logistics, and delivery support for professional cleaning services, aiming to facilitate stress-free, user-friendly experiences.

JustClean

Acquisition in 2017
Founded in Kuwait in 2017 by Athbi and Nouri Al-Enezi, JustClean is a GCC-based laundry technology company offering B2B and B2C services. It provides marketplace applications, SaaS, logistics, and delivery support for professional cleaning services, aiming to facilitate stress-free, user-friendly experiences.
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