Global Ventures

Global Ventures is an international venture capital firm that invests in founders and ideas across emerging markets. Their focus is on backing global-minded founders leading growth-stage companies and leveraging technology to drive transformation in emerging markets and beyond. The diverse and collaborative team at Global Ventures brings together professionals with extensive experience and expertise in building and scaling companies, making them well-equipped to support innovative entrepreneurs in achieving their goals.

Mohamed Alaadin

Senior Associate

Sacha Haider

Principal

Mona Khan

Associate

Basil Moftah

General Partner

Said Murad

Operating Partner

Noor Sweid

Founder and Managing Partner

Past deals in Gulf Cooperation Council

Hakbah

Series A in 2023
Hakbah Fintech is a prominent startup based in Saudi Arabia that specializes in financial savings through a unique social savings model. The company aims to transform how individuals save and access funds by offering a digital platform that facilitates both business-to-consumer and business-to-business-to-consumer solutions. Its application allows users to create or join savings groups, enabling them to save collaboratively with others. Users can participate in various time-based savings plans and customize their saving options. Payments for installments can be made using debit cards, and users have the flexibility to withdraw funds to their bank accounts when it is their turn to receive the pooled savings. Hakbah's mission is to simplify the savings process and make it accessible to everyone, empowering individuals to take control of their financial habits in a hassle-free manner.

SpiderSilk

Venture Round in 2023
spiderSilk Security is a cybersecurity firm based in Dubai, United Arab Emirates, founded in 2019. The company specializes in simulating advanced cyberattacks to help organizations strengthen their security defenses. By combining proprietary machine-driven technology with the expertise of ethical hackers, spiderSilk enhances its capability to identify security vulnerabilities in applications across both public and internal infrastructures. Their methodologies enable impactful simulations that have potential implications for millions of individuals. In addition to its simulation services, spiderSilk offers advisory services that provide organizations with critical insights into security weaknesses and recommend best practices for improvement. The firm continuously monitors assets and attack surfaces to ensure comprehensive protection against emerging threats.

Democrance

Venture Round in 2023
Democrance is an insurance technology company based in Dubai, United Arab Emirates, founded in 2015. It specializes in developing software that facilitates the distribution, servicing, and administration of insurance policies across the Middle East and Northern Africa. The company focuses on providing insurance solutions to underinsured and uninsured populations in emerging markets, offering a range of products from micro-insurance to traditional policies. Democrance's platform enables low-income families to access life and health insurance programs conveniently through mobile devices, while also providing essential industry expertise, project management, customer management, and claim management services.

Hakbah

Seed Round in 2023
Hakbah Fintech is a prominent startup based in Saudi Arabia that specializes in financial savings through a unique social savings model. The company aims to transform how individuals save and access funds by offering a digital platform that facilitates both business-to-consumer and business-to-business-to-consumer solutions. Its application allows users to create or join savings groups, enabling them to save collaboratively with others. Users can participate in various time-based savings plans and customize their saving options. Payments for installments can be made using debit cards, and users have the flexibility to withdraw funds to their bank accounts when it is their turn to receive the pooled savings. Hakbah's mission is to simplify the savings process and make it accessible to everyone, empowering individuals to take control of their financial habits in a hassle-free manner.

Zid زد

Series B in 2022
Zid is a cloud-based multi-channel commerce platform tailored for small and medium-sized businesses in Saudi Arabia. Founded in 2017 and headquartered in Riyadh, Zid enables merchants to create their own branded eStores while integrating with various supply chain players. The platform offers a comprehensive suite of tools that allow users to manage products and inventory, process orders and payments, ship products, and build customer relationships. It also provides analytics and reporting features, facilitating data-driven decision-making, and offers access to financing options. Zid's mission is to simplify the entry of retailers into electronic commerce, making it accessible and professional for businesses in the region.

ELEVATUS

Series A in 2022
Hire at enterprise scale without enterprise complexity. Since 2019, Elevatus has been rigorously implementing the latest in AI technology and modern science to design award-winning recruiting solutions that are revolutionizing the future of HR. Through these solutions, hundreds of companies from all over the world have been able to hire and assess over 1 million candidates to date. Elevatus helps enterprises, industry giants, startups, and brands from all around the globe centralize their core HR processes under one unified umbrella – to create a faster and more cost-efficient hiring experience. Today, Elevatus is a multi-award-winning software company headquartered in Saudi Arabia; with a growing client base, first-class awards, and legions of talented people in our team.

Tabby

Series B in 2021
Tabby Inc. is a financial technology company based in the United Arab Emirates that offers innovative payment solutions for online and offline shopping. The company specializes in a buy now, pay later service, providing consumers in the UAE and Saudi Arabia with flexible payment options. Customers can choose to pay for their purchases either in a single deferred payment or in multiple installments, allowing them to manage their spending and enhance their shopping experience. Through its platform, Tabby aims to reshape the relationship between consumers and money, promoting financial freedom and responsible spending.

Arrow Labs

Series A in 2021
Arrow Labs is a mobility software manufacturer based in Dubai, specializing in niche applications and mobility solutions for various industries. The company's flagship product, the Arrow Labs MIMS, serves as an advanced mobility platform tailored for the modern workforce. By leveraging machine learning, process automation, and workforce optimization technology, Arrow Labs develops workforce management solutions designed to enhance the management of field resources through smart technology wearables and services. Their modular system caters to sectors such as facility management, hospitality, logistics, security, and transport, enabling clients to improve operational efficiencies, boost productivity, and lower operating costs. Arrow Labs' experience in creating and architecting critical medium and large-scale solutions positions them as a key player in the mobility software market.

Democrance

Venture Round in 2021
Democrance is an insurance technology company based in Dubai, United Arab Emirates, founded in 2015. It specializes in developing software that facilitates the distribution, servicing, and administration of insurance policies across the Middle East and Northern Africa. The company focuses on providing insurance solutions to underinsured and uninsured populations in emerging markets, offering a range of products from micro-insurance to traditional policies. Democrance's platform enables low-income families to access life and health insurance programs conveniently through mobile devices, while also providing essential industry expertise, project management, customer management, and claim management services.

Minly

Seed Round in 2021
Minly Ltd is an online platform based in Abu Dhabi, United Arab Emirates, that facilitates connections between celebrities and fans through personalized experiences. Founded in 2020, Minly allows fans to request customized video messages from a variety of celebrities, including actors, singers, and athletes, for special occasions such as birthdays and anniversaries. The platform also supports additional forms of engagement, such as direct text messages and voice notes, enhancing the overall experience for fans. By bridging the gap between celebrities and their admirers, Minly provides unique opportunities for unforgettable interactions. In addition to its core offerings, Minly is committed to making a positive impact by partnering with local non-profit organizations focused on social development and community support in the region.

Red Sea Farms

Series A in 2021
Red Sea Farms, based in Thuwal, Saudi Arabia, specializes in sustainable agriculture solutions tailored for arid environments. The company focuses on developing innovative technologies that enable greenhouse and hydroponic farms to cultivate high-quality produce while minimizing water and energy consumption. This approach not only enhances food production efficiency but also promotes sustainability and cost savings for farmers. In addition to its proprietary technologies, Red Sea Farms offers consultancy services, providing expert technical advice on the design and project management of saltwater-based and desert agricultural systems. Through its diverse range of products and services, the company aims to address the challenges of agriculture in water-scarce regions.

Mamo

Series A in 2021
Mamo is a fintech startup based in Dubai, UAE, specializing in payment and financial solutions for small and medium-sized enterprises (SMEs). It is the first fintech company licensed by the Dubai Financial Services Authority to provide money services, enabling it to offer a diverse range of financial services. Mamo's flagship product, Mamo Business, serves as an alternative to traditional business banking, functioning as a financial operating system tailored to the needs of SMEs. The platform incorporates essential components such as payments, spend management, and analytics, facilitating efficient financial operations. Mamo's application allows businesses to accept payments in multiple currencies, issue virtual cards, manage expenses, and integrate with e-commerce platforms. Its customer base includes a variety of sectors, including B2B service providers, tourism, healthcare, wellness, and retail, helping to streamline financial processes and enhance analysis of spending habits.

Zid زد

Series A in 2021
Zid is a cloud-based multi-channel commerce platform tailored for small and medium-sized businesses in Saudi Arabia. Founded in 2017 and headquartered in Riyadh, Zid enables merchants to create their own branded eStores while integrating with various supply chain players. The platform offers a comprehensive suite of tools that allow users to manage products and inventory, process orders and payments, ship products, and build customer relationships. It also provides analytics and reporting features, facilitating data-driven decision-making, and offers access to financing options. Zid's mission is to simplify the entry of retailers into electronic commerce, making it accessible and professional for businesses in the region.

SpiderSilk

Seed Round in 2021
spiderSilk Security is a cybersecurity firm based in Dubai, United Arab Emirates, founded in 2019. The company specializes in simulating advanced cyberattacks to help organizations strengthen their security defenses. By combining proprietary machine-driven technology with the expertise of ethical hackers, spiderSilk enhances its capability to identify security vulnerabilities in applications across both public and internal infrastructures. Their methodologies enable impactful simulations that have potential implications for millions of individuals. In addition to its simulation services, spiderSilk offers advisory services that provide organizations with critical insights into security weaknesses and recommend best practices for improvement. The firm continuously monitors assets and attack surfaces to ensure comprehensive protection against emerging threats.

Tabby

Series A in 2020
Tabby Inc. is a financial technology company based in the United Arab Emirates that offers innovative payment solutions for online and offline shopping. The company specializes in a buy now, pay later service, providing consumers in the UAE and Saudi Arabia with flexible payment options. Customers can choose to pay for their purchases either in a single deferred payment or in multiple installments, allowing them to manage their spending and enhance their shopping experience. Through its platform, Tabby aims to reshape the relationship between consumers and money, promoting financial freedom and responsible spending.

Lean Technologies

Seed Round in 2020
Lean Technologies Limited, founded in 2019 and based in Riyadh, Saudi Arabia, is a FinTech startup that specializes in providing an application programming interface (API) platform for financial data applications. The company's API suite simplifies access to consumer financial data, allowing businesses to navigate the complexities of financial infrastructure with ease. By enabling seamless access to customers' financial information and facilitating instant bank transfers, Lean Technologies aims to enhance the accessibility, transparency, and utility of financial data and payments. This approach fosters a more inclusive and interconnected financial landscape, ultimately benefiting both consumers and businesses.

Ogram

Seed Round in 2020
Ogram is a Dubai-based company that offers an on-demand staffing platform designed to address the manpower needs of various industries, including food and beverage, hospitality, retail, e-commerce, and logistics. By acting as a freelance marketplace, Ogram connects temporary workers with businesses seeking immediate staffing solutions. The platform streamlines the process of staff placement, scheduling, and coordination, allowing clients to efficiently manage their staffing requirements. Ogram addresses common staffing challenges, such as limited access to reliable personnel, lengthy onboarding processes, and the need for immediate staff availability, thereby enhancing operational efficiency for its clients.

Mamo

Seed Round in 2020
Mamo is a fintech startup based in Dubai, UAE, specializing in payment and financial solutions for small and medium-sized enterprises (SMEs). It is the first fintech company licensed by the Dubai Financial Services Authority to provide money services, enabling it to offer a diverse range of financial services. Mamo's flagship product, Mamo Business, serves as an alternative to traditional business banking, functioning as a financial operating system tailored to the needs of SMEs. The platform incorporates essential components such as payments, spend management, and analytics, facilitating efficient financial operations. Mamo's application allows businesses to accept payments in multiple currencies, issue virtual cards, manage expenses, and integrate with e-commerce platforms. Its customer base includes a variety of sectors, including B2B service providers, tourism, healthcare, wellness, and retail, helping to streamline financial processes and enhance analysis of spending habits.

SpiderSilk

Seed Round in 2020
spiderSilk Security is a cybersecurity firm based in Dubai, United Arab Emirates, founded in 2019. The company specializes in simulating advanced cyberattacks to help organizations strengthen their security defenses. By combining proprietary machine-driven technology with the expertise of ethical hackers, spiderSilk enhances its capability to identify security vulnerabilities in applications across both public and internal infrastructures. Their methodologies enable impactful simulations that have potential implications for millions of individuals. In addition to its simulation services, spiderSilk offers advisory services that provide organizations with critical insights into security weaknesses and recommend best practices for improvement. The firm continuously monitors assets and attack surfaces to ensure comprehensive protection against emerging threats.

Kitopi

Series B in 2019
Kitopi is a Kitchen as a Service (KaaS) platform that provides restaurants with the essential infrastructure and software needed to establish delivery-only locations efficiently and cost-effectively. Founded in 2018 by Mohamad Ballout, Saman Darkan, Bader Ataya, and Andy Arenas, the company operates a network of over 60 cloud kitchens across the United Arab Emirates, Saudi Arabia, Kuwait, and Bahrain. Kitopi's offerings include kitchen infrastructure, management services, call assistance, delivery management, trained staff, and industry-specific technology, allowing restaurateurs to focus on their culinary creations while minimizing capital expenditure and time. Although Kitopi expanded into the United States in 2019, it exited the market following the onset of the pandemic.

MUNCH:ON

Series A in 2019
MUNCH:ON is a food tech startup that has cracked the subscription space in the UAE & KSA, focusing on offering meals from the best restaurants at a significant discount and with free delivery. The company has invested heavily in its scheduling, bundling and order prediction software which has enabled it to achieve massive cost savings for its restaurant partners that they then pass on to their users, often offering up to a 55% discount vs. restaurants' regular price. Whether it's employees ordering from their company's curated menu or users ordering for their families at home, the platform takes the usual hassle and cost out of food delivery in a financially (and environmentally) sustainable manner for all stakeholders

HolidayMe

Series C in 2018
HolidayMe is an online travel portal founded in 2013 and operates under the registered trademark of Traveazy DMCC, with its headquarters in Dubai, UAE. The company provides a comprehensive travel booking platform that offers a range of services, including holiday planning, hotel bookings, customized travel packages, and booking vouchers. With a presence in multiple countries, including India, Saudi Arabia, and Egypt, HolidayMe caters to both B2B and B2C markets, featuring products such as Umrah and leisure packages. The platform is designed to streamline the travel experience, allowing customers to easily select and book their desired holiday destinations through various payment methods. HolidayMe has received multiple accolades and recognition within the travel and startup community, highlighting its commitment to delivering exceptional service and innovative solutions in a competitive market.

Arrow Labs

Series A in 2018
Arrow Labs is a mobility software manufacturer based in Dubai, specializing in niche applications and mobility solutions for various industries. The company's flagship product, the Arrow Labs MIMS, serves as an advanced mobility platform tailored for the modern workforce. By leveraging machine learning, process automation, and workforce optimization technology, Arrow Labs develops workforce management solutions designed to enhance the management of field resources through smart technology wearables and services. Their modular system caters to sectors such as facility management, hospitality, logistics, security, and transport, enabling clients to improve operational efficiencies, boost productivity, and lower operating costs. Arrow Labs' experience in creating and architecting critical medium and large-scale solutions positions them as a key player in the mobility software market.

Tarjama

Tarjama is a certified translation agency based in Dubai that offers a comprehensive suite of language-related services. Recognizing the importance of effective communication in today's global market, Tarjama provides translation, proofreading, transcription, content writing, and subtitling services, allowing businesses to connect with customers and stakeholders in culturally relevant ways. With a smart language platform, the agency enables organizations to produce and manage multilingual content efficiently, addressing the unique linguistic and cultural needs of the Middle East. By leveraging its expertise, Tarjama helps clients transcend geographic borders and engage effectively in diverse markets.
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