Middle East Venture Partners

Middle East Venture Partners (MEVP) is a Dubai-based venture capital firm established in 2010, with additional offices in Beirut, Bahrain, and Riyadh. It focuses on investing in early and growth-stage companies in the GCC and Levant regions, targeting sectors such as e-commerce, cloud-based software, education, digital services, consumer technology, and financial technology. MEVP seeks to support innovative small and medium enterprises, primarily investing between $0.2 million and $5 million while typically holding a minority stake of 15% to 30% in its portfolio companies. With over $260 million in assets under management, MEVP is recognized as one of the largest and most established venture capital firms in the Middle East, demonstrating a strong appetite for cross-border investments.

Sarrah Al-juaid

Managing Director

Sarrah AlJuaid

Managing Director

Ali Almajthoob

Managing Director

El Boustani, Jad

Partner

Fahed Qteishat

Associate Director

Gaelle Yammine

Associate Director

83 past transactions

Yodawy

Series B in 2023
Yodawy Inc. is an online pharmacy and insurtech startup based in Giza, Egypt, founded in 2018. The company operates a platform that enables customers to browse and order pharmaceuticals and personal care products through a mobile app, which supports delivery from a network of over 500 pharmacies across the country. Yodawy also offers a digital prescription application and an insurance approvals engine that automatically applies insurance and copayment benefits, with partnerships established with four major insurance carriers and additional ones in development.

Eat App

Series B in 2022
Eat W.L.L. operates a leading restaurant reservation platform in the Middle East, primarily serving users in Dubai and Bahrain. Founded in 2013 and based in Bahrain, Eat App offers a comprehensive suite of tools for restaurants to manage reservations, optimize table layouts, and track customer preferences. The platform facilitates real-time communication between diners and restaurants, ensuring seamless booking experiences. Diners can use the mobile application to discover local dining options, check availability, and confirm reservations instantly. With over 10 million diners seated across more than 1,000 restaurants, Eat App has established itself as a key player in the region's hospitality sector, attracting significant investment along the way.

The Cloud

Series A in 2022
Operator of food ecosystem and innovation platform intended to improve food delivery operations. The company connects food platforms into one dashboard to seamlessly manage all the orders through a single workflow, enabling clients to take advantage of integrated planning, inventory, and supply chain management in a single platform for efficient kitchen operations.

Stake

Seed Round in 2022
Stake is a digital platform that facilitates real estate investment, allowing individuals to invest in income-generating rental properties quickly and easily. The platform aims to modernize real estate investment by making it accessible to a broader audience. Stake achieves this by breaking down properties into smaller, investable shares, thereby enabling users to purchase stakes in residential properties. This approach not only democratizes real estate investment but also enhances transparency and profitability for investors. Through its innovative model, Stake provides a streamlined way for individuals to engage in the real estate market without the complexities traditionally associated with property investment.

Bykea

Venture Round in 2022
Bykea Technologies Private Limited is a Karachi-based company that offers a logistics application focused on transportation, food delivery, and payment services in Pakistan. The platform leverages the widespread ownership of smartphones and two-wheelers to provide efficient and affordable solutions for its users. Bykea aims to alleviate urban congestion by promoting the use of motorbikes and bicycles, thereby enhancing mobility within cities. The application serves as an online marketplace, allowing customers to book rides, pay bills, and access various services, including food and grocery delivery. By providing these services, Bykea not only facilitates convenient transportation options but also helps families generate income in regions where access to the internet is limited, contributing to economic prosperity in emerging economies.

Lyve Global

Convertible Note in 2022
Developer of an integrated logistics services platform intended to reimagine logistics as an enabler of digital transformation and business innovation. The company's platform offers a comprehensive ecosystem of integrated, all-in-one B2B SaaS solutions that cover every touchpoint in the value chain from order to payment to delivery, enabling businesses to amlessly integrate digital solutions into their customer experiences and operations, enhancing efficiency and customer engagement.

Nana

Venture Round in 2022
Nana is an online grocery platform that provides doorstep deliveries of groceries and other home essentials. The company's platform offers a wide assortment of groceries, fruits, and vegetables, cosmetics, electronics, bakery items, and flowers that enables consumers to purchase products online and get them delivered to their homes. Nana was established in 2016 and is headquartered in Riyadh, Ar Riyad, Saudi Arabia.

Rain

Series B in 2022
Rain is a regulated cryptocurrency exchange based in the Middle East, providing a platform for buying, selling, and trading various digital currencies. The company operates within the framework of local regulations, ensuring compliance and security for its users. As a digital currency service provider, Rain aims to facilitate access to the growing cryptocurrency market, catering to both individual and institutional clients. Through its services, Rain supports the adoption of digital assets in the region, contributing to the overall development of the cryptocurrency ecosystem.

Verto

Series A in 2021
VERTO is a B2B currency exchange marketplace for international businesses. They handle millions of dollars every year and make payments to suppliers abroad. VERTO provides liquidity and price discovery tools for international businesses. The marketplace provides easy access to exotic and foreign currencies with seamless international online payment services.

Halan

Venture Round in 2021
Halan is a ride-hailing application based in Cairo, Egypt, that specializes in providing two and three-wheeler vehicle rides and on-demand logistics services. Founded in November 2017, the platform allows users to request motorbike or tuk-tuk rides and order food or goods for delivery via motorbikes and cargo tricycles. In addition to catering to individual customers, Halan offers smart-tech last-mile delivery solutions to support both large organizations and small businesses in their distribution and supply chain needs. The application enhances convenience and safety for users while providing drivers with opportunities for incremental business. Halan has established partnerships with notable fast-food chains such as McDonald’s, KFC, and Pizza Hut, further solidifying its presence in the logistics and ride-hailing market.

MNT-Halan

Private Equity Round in 2021
MNT-Halan is a microfinance lending and payments company.

Sarwa

Series B in 2021
Sarwa Digital Wealth Limited develops a platform that offers investment advice. It offers investment strategies for better returns, simplified investing, and automated investing. The company was founded in 2016 and is based in Dubai, United Arab Emirates.

Yodawy

Series B in 2021
Yodawy Inc. is an online pharmacy and insurtech startup based in Giza, Egypt, founded in 2018. The company operates a platform that enables customers to browse and order pharmaceuticals and personal care products through a mobile app, which supports delivery from a network of over 500 pharmacies across the country. Yodawy also offers a digital prescription application and an insurance approvals engine that automatically applies insurance and copayment benefits, with partnerships established with four major insurance carriers and additional ones in development.

Basma

Series A in 2021
Basma operates as a digital dental startup. Basma is a direct-to-consumer healthcare brand that wants to give customers straighter and brighter teeth. It's a digital health company founded on the belief that affordable dental care should be accessible to everyone.

Rain

Series A in 2021
Rain is a regulated cryptocurrency exchange based in the Middle East, providing a platform for buying, selling, and trading various digital currencies. The company operates within the framework of local regulations, ensuring compliance and security for its users. As a digital currency service provider, Rain aims to facilitate access to the growing cryptocurrency market, catering to both individual and institutional clients. Through its services, Rain supports the adoption of digital assets in the region, contributing to the overall development of the cryptocurrency ecosystem.

Rain

Venture Round in 2020
Rain is a regulated cryptocurrency exchange based in the Middle East, providing a platform for buying, selling, and trading various digital currencies. The company operates within the framework of local regulations, ensuring compliance and security for its users. As a digital currency service provider, Rain aims to facilitate access to the growing cryptocurrency market, catering to both individual and institutional clients. Through its services, Rain supports the adoption of digital assets in the region, contributing to the overall development of the cryptocurrency ecosystem.

Bykea

Series B in 2020
Bykea Technologies Private Limited is a Karachi-based company that offers a logistics application focused on transportation, food delivery, and payment services in Pakistan. The platform leverages the widespread ownership of smartphones and two-wheelers to provide efficient and affordable solutions for its users. Bykea aims to alleviate urban congestion by promoting the use of motorbikes and bicycles, thereby enhancing mobility within cities. The application serves as an online marketplace, allowing customers to book rides, pay bills, and access various services, including food and grocery delivery. By providing these services, Bykea not only facilitates convenient transportation options but also helps families generate income in regions where access to the internet is limited, contributing to economic prosperity in emerging economies.

The Luxury Closet

Venture Round in 2020
The Luxury Closet is an online marketplace specializing in the buying, selling, and consignment of luxury items, primarily pre-owned, at discounted prices. This platform is notable for its commitment to maintaining brand integrity and ensuring the authenticity of every item. As the first of its kind in the Gulf Cooperation Council (GCC) region, The Luxury Closet has rapidly established a significant market presence and scalability, achieving impressive growth in a short timeframe. By providing customers with access to authentic designer goods at more affordable rates, The Luxury Closet caters to luxury consumers seeking value without compromising on quality.

Lyve Global

Series B in 2020
Developer of an integrated logistics services platform intended to reimagine logistics as an enabler of digital transformation and business innovation. The company's platform offers a comprehensive ecosystem of integrated, all-in-one B2B SaaS solutions that cover every touchpoint in the value chain from order to payment to delivery, enabling businesses to amlessly integrate digital solutions into their customer experiences and operations, enhancing efficiency and customer engagement.

Nana

Series B in 2020
Nana is an online grocery platform that provides doorstep deliveries of groceries and other home essentials. The company's platform offers a wide assortment of groceries, fruits, and vegetables, cosmetics, electronics, bakery items, and flowers that enables consumers to purchase products online and get them delivered to their homes. Nana was established in 2016 and is headquartered in Riyadh, Ar Riyad, Saudi Arabia.

Rise

Venture Round in 2020
Rise is a wealth management platform focused on addressing the financial challenges faced by migrants, particularly low-income, unbanked, and underbanked workers in the United Arab Emirates. The platform aims to empower users by providing banking and financial services that facilitate effective financial management. Rise goes beyond traditional wealth management by offering educational resources that help individuals acquire new skills and knowledge, fostering personal and financial growth. By creating opportunities for migrants, Rise aspires to improve lives and support the pursuit of a better future.

Eat App

Series B in 2020
Eat W.L.L. operates a leading restaurant reservation platform in the Middle East, primarily serving users in Dubai and Bahrain. Founded in 2013 and based in Bahrain, Eat App offers a comprehensive suite of tools for restaurants to manage reservations, optimize table layouts, and track customer preferences. The platform facilitates real-time communication between diners and restaurants, ensuring seamless booking experiences. Diners can use the mobile application to discover local dining options, check availability, and confirm reservations instantly. With over 10 million diners seated across more than 1,000 restaurants, Eat App has established itself as a key player in the region's hospitality sector, attracting significant investment along the way.

Halan

Series A in 2020
Halan is a ride-hailing application based in Cairo, Egypt, that specializes in providing two and three-wheeler vehicle rides and on-demand logistics services. Founded in November 2017, the platform allows users to request motorbike or tuk-tuk rides and order food or goods for delivery via motorbikes and cargo tricycles. In addition to catering to individual customers, Halan offers smart-tech last-mile delivery solutions to support both large organizations and small businesses in their distribution and supply chain needs. The application enhances convenience and safety for users while providing drivers with opportunities for incremental business. Halan has established partnerships with notable fast-food chains such as McDonald’s, KFC, and Pizza Hut, further solidifying its presence in the logistics and ride-hailing market.

Sarwa

Series A in 2020
Sarwa Digital Wealth Limited develops a platform that offers investment advice. It offers investment strategies for better returns, simplified investing, and automated investing. The company was founded in 2016 and is based in Dubai, United Arab Emirates.

HyperPay

Series B in 2019
Gate2play is the first one stop-shop service company for online merchants in the Middle East and North Africa. Understanding that challenges of those seeking to provide services to a large Arab online audience, gate2play provides the following value added services to its clients: Payment Gateway Services: gate2play provides online payment hub services, connecting merchants to a consolidated network of some of the leading local, regional, and global payment gateways. Market Entry and Expansion Services: gate2play assists merchants in regional market entry, including localization services (in multiple languages), online and offline marketing and strategic partnership development. User Maximization Services: gate2play operates a specialized multi-lingual professional support center for online services, which can be used both for marketing outreach, e-ticketing, live-chat support, as well as for transaction facilitation and customer service. The support center is also the region’s first “user experience center”, helping merchants maximize the potential of their relationship with their customers. With a team of online veterans and with on-the-ground experience of monetizing global and local online services, gate2playemploys 10 professionals in Amman and Cairo. The team is led by Muhannad Ebwini, who previously served as CEO of the largest alternative payment provider in the Arab World. Gate2play is also a venture backed business, supported by IV Holdings. Our company was Equity Funded by Middle East Venture Partners (MEVP) http://www.mevp.com/ IV- Holding www.iv-holdings.com/ And Couple of angel investors

Volt Lines

Series A in 2019
Volt Lines is an Istanbul-based transportation service provider that offers a subscription-based micro-transit platform for corporate customers. Launched in April 2018, the service allows users to book seats on mini-buses for their daily commutes, facilitating efficient transport with less walking distance and optimized routes. By providing unlimited rides through its mobile application, Volt Lines aims to enhance the commuting experience for employees while streamlining transportation operations for businesses. Founded in 2017, the company focuses on improving the efficiency of personnel transportation, addressing the needs of both passengers and employers.

TruKKer

Series A in 2019
TruKKer operates a digital freight network designed to enhance land freight services by integrating demand and supply through real-time data analytics. The platform simplifies logistics and fleet management by connecting shippers with available transporters, ensuring optimal asset utilization while reducing transportation costs. By leveraging data, TruKKer promotes reliability and transparency in the logistics process, creating opportunities for cost savings and improved efficiency. Its rapid growth is facilitating data monetization and consolidated procurement, allowing businesses to navigate cross-border transportation with greater ease.

Bykea

Series A in 2019
Bykea Technologies Private Limited is a Karachi-based company that offers a logistics application focused on transportation, food delivery, and payment services in Pakistan. The platform leverages the widespread ownership of smartphones and two-wheelers to provide efficient and affordable solutions for its users. Bykea aims to alleviate urban congestion by promoting the use of motorbikes and bicycles, thereby enhancing mobility within cities. The application serves as an online marketplace, allowing customers to book rides, pay bills, and access various services, including food and grocery delivery. By providing these services, Bykea not only facilitates convenient transportation options but also helps families generate income in regions where access to the internet is limited, contributing to economic prosperity in emerging economies.

Nana

Series A in 2019
Nana is an online grocery platform that provides doorstep deliveries of groceries and other home essentials. The company's platform offers a wide assortment of groceries, fruits, and vegetables, cosmetics, electronics, bakery items, and flowers that enables consumers to purchase products online and get them delivered to their homes. Nana was established in 2016 and is headquartered in Riyadh, Ar Riyad, Saudi Arabia.

Wasoko

Seed Round in 2019
Sokowatch revolutionizes access to essential goods and services by connecting small shops to the digital economy. Through individual agents equipped with proprietary mobile data-collection tools, Sokowatch increases sales and market coverage for companies in emerging markets. It enables informal retailers to order products at any time via SMS or mobile app, and receive free same-day delivery to their store. This makes it easier for shopkeepers to source goods and helps manufacturers ensure that their products are consistently available to consumers. Sokowatch evaluates retailers to provide them with access to credit and other financial services typically not available to informal businesses. Sokowatch's systems track real-time sales and orders across thousands of stores. Access to market trends and purchasing habits enables manufacturers to tailor their marketing strategies and allows Sokowatch to offer personalized promotions and business insights to individual retailers.

Fadel

Series B in 2019
Fadel Partners, Inc. specializes in cloud-based intellectual property rights and royalty management software, catering to industries such as media, entertainment, publishing, high technology, gaming, life sciences, and pharmaceuticals. The company's FADEL IPM suite offers a comprehensive range of services, including contract and rights management, digital asset rights management, financial payment and collections management, and analytics. Fadel's solutions are designed for scalability and configurability, effectively capturing and monetizing over $10 billion in retail sales data and facilitating more than $4 billion in annual royalty payments for clients. In addition to software solutions, Fadel provides professional services encompassing implementation, support, and education. Founded in 2003 and headquartered in Rye, New York, the company has established itself as a leader in the field, recognized for its innovative technology and industry contributions.

Toters

Series A in 2018
Toters is a delivery service that connects customers with local retailers and restaurants, facilitating the delivery of a wide range of products, including food and groceries. Since its inception in 2017, the company has experienced significant growth in Lebanon and has expanded its operations to Iraq and Saudi Arabia, serving thousands of customers each month through a network of selected partner stores. The Toters application allows users to browse local menus and store offerings, enabling them to place orders easily and track their deliveries in real time. The company focuses on enhancing the overall experience for both customers and partners through its logistics, technology, design, and support services.

Volt Lines

Seed Round in 2018
Volt Lines is an Istanbul-based transportation service provider that offers a subscription-based micro-transit platform for corporate customers. Launched in April 2018, the service allows users to book seats on mini-buses for their daily commutes, facilitating efficient transport with less walking distance and optimized routes. By providing unlimited rides through its mobile application, Volt Lines aims to enhance the commuting experience for employees while streamlining transportation operations for businesses. Founded in 2017, the company focuses on improving the efficiency of personnel transportation, addressing the needs of both passengers and employers.

Sarwa

Seed Round in 2018
Sarwa Digital Wealth Limited develops a platform that offers investment advice. It offers investment strategies for better returns, simplified investing, and automated investing. The company was founded in 2016 and is based in Dubai, United Arab Emirates.

The Luxury Closet

Series C in 2018
The Luxury Closet is an online marketplace specializing in the buying, selling, and consignment of luxury items, primarily pre-owned, at discounted prices. This platform is notable for its commitment to maintaining brand integrity and ensuring the authenticity of every item. As the first of its kind in the Gulf Cooperation Council (GCC) region, The Luxury Closet has rapidly established a significant market presence and scalability, achieving impressive growth in a short timeframe. By providing customers with access to authentic designer goods at more affordable rates, The Luxury Closet caters to luxury consumers seeking value without compromising on quality.

Lamsa

Series A in 2018
Lamsa World is a digital platform based in Abu Dhabi, United Arab Emirates, designed for Arab-speaking toddlers and preschoolers. The company provides an interactive application that offers a variety of edutainment products, including e-books, games, videos, and music. Lamsa focuses on creating an engaging learning environment for children aged 1 to 8 years, delivering content that fosters creativity and imagination. The platform regularly updates its offerings to ensure a diverse range of educational and entertaining materials, which cater to the developmental needs of young learners. Through its innovative approach, Lamsa aims to enhance the educational experience while making learning enjoyable for children.

Neotic

Seed Round in 2018
Neotic is a developer of an artificial intelligence-based equity trading platform aimed at assisting investors in their decision-making processes. The platform utilizes machine learning algorithms to recognize price patterns, analyze corporate fundamentals, and evaluate financial news. By doing so, it provides investors with access to customized AI solutions that facilitate fully automated trading strategies, enhancing their ability to make informed investment decisions.

Volt Lines

Seed Round in 2018
Volt Lines is an Istanbul-based transportation service provider that offers a subscription-based micro-transit platform for corporate customers. Launched in April 2018, the service allows users to book seats on mini-buses for their daily commutes, facilitating efficient transport with less walking distance and optimized routes. By providing unlimited rides through its mobile application, Volt Lines aims to enhance the commuting experience for employees while streamlining transportation operations for businesses. Founded in 2017, the company focuses on improving the efficiency of personnel transportation, addressing the needs of both passengers and employers.

MAGNiTT

Seed Round in 2018
MAGNiTT, Inc. is a platform based in Dubai, United Arab Emirates, that facilitates connections between investors, mentors, and startups in the Middle East and North Africa (MENA) region. Founded in 2014, MAGNiTT offers a comprehensive startup directory featuring over 5,500 MENA startups and more than 200 investors. The platform serves as a valuable resource for emerging companies seeking funding, talent, and services, while also providing investment-related information and analytical insights. Through its subscription-based model, MAGNiTT empowers investors, entrepreneurs, and corporate entities to engage effectively and make informed investment decisions.

Moodfit

Seed Round in 2018
Moodfit operates an online interior design platform based in Beirut, Lebanon, and was founded in 2016. It is recognized as the first online interior design service in the MENA region, providing a seamless experience for home furnishing and decoration. The platform connects users with professional interior designers, offering budget-friendly, turnkey solutions that cater to individual styles and budgets. Moodfit prepares customized furniture lists with pricing, allowing customers to purchase and have items delivered directly to their homes. This innovative approach simplifies the interior design process, enabling users to efficiently furnish and decorate their spaces.

Lyve Global

Series A in 2018
Developer of an integrated logistics services platform intended to reimagine logistics as an enabler of digital transformation and business innovation. The company's platform offers a comprehensive ecosystem of integrated, all-in-one B2B SaaS solutions that cover every touchpoint in the value chain from order to payment to delivery, enabling businesses to amlessly integrate digital solutions into their customer experiences and operations, enhancing efficiency and customer engagement.

One Click Delivery Services

Seed Round in 2018
One Click Delivery Services is a company based in Dubai, United Arab Emirates, that specializes in last mile delivery solutions. Founded in 2015, it operates a technology-driven platform that connects various stakeholders in the delivery process, including call centers, drivers, point of sale outlets, and both businesses and consumers. By offering seamless and personalized delivery services, the company effectively bridges the gap between local merchants and their customers. Its robust delivery management system includes features such as GPS tracking and automated notifications, enhancing the efficiency and reliability of the delivery experience. Through these innovations, One Click Delivery Services aims to redefine the last mile delivery landscape in the region.

TreasuryXpress

Series B in 2017
TreasuryXpress Inc. provides on-demand treasury management and cash forecasting solutions, catering to a diverse clientele that includes banks, treasury houses, small and medium-sized businesses, and large enterprises. The company's main offerings consist of its TMS suite, C2Treasury, and C2Treasury Lite, which enable users to manage treasury operations, cash visibility, liquidity, and payment management effectively. TreasuryXpress supports various deployment options, including private cloud, single-tenant SaaS, multi-tenant SaaS, and on-premise solutions, allowing organizations to choose the best fit for their IT policies and operational needs. Additionally, the TreasuryXpress Store features tools like Forecast+ for cash forecasting and Payment+ API for enhancing bank formatting requirements. Founded in 2007, TreasuryXpress is headquartered in Paris, France, with additional offices in New York, Dubai, and Beirut, and operates as a subsidiary of Box & Automation Solutions.

Matic

Series A in 2017
At Matic, they offer you the convenience of a clean home without the hassle. Use their app or visit their website to seamlessly book a cleaning session, and we’ll pick it up from there. Matic holds the largest network of cleaning service companies and will match you with a highly trained cleaning professional straight to your home in Dubai, Abu Dhabi, Riyadh or Doha with one tap booking.

Altibbi

Series B in 2017
Altibbi Ltd. operates a digital health platform catering to users and healthcare professionals in the Middle East. Founded in 2008 and based in Dubai, the platform provides comprehensive health information on various medical topics, including chronic conditions, dental health, and skin diseases. It offers a range of resources, such as a medical dictionary, articles, videos, and an encyclopedia of medicines, along with a question-and-answer feature. Altibbi also allows users to access health advice 24/7 through its website and mobile applications. Additionally, the platform facilitates the booking of video consultations with a selected group of doctors and provides translations of medical terminology into Arabic, enhancing patients' healthcare knowledge and access to professional assistance.

Modacruz

Series B in 2017
Modacruz Elektronik Hizmetler ve Ticaret A.S., founded in 2014 and based in Istanbul, Turkey, operates a mobile social marketplace that caters to over 1 million women. The platform allows users to buy and sell pre-owned brand name fashion items, including luxury clothing and accessories. By facilitating the resale of second-hand luxury fashion, Modacruz enables women to access high-quality products at more affordable prices. Users can easily sign up to browse available items or list their own for sale, promoting a vibrant community of fashion enthusiasts engaged in sustainable shopping practices.

Wego

Series E in 2017
Wego Pte Ltd. operates a travel search platform that allows users to explore and compare options from various airlines, hotel chains, and online travel agencies primarily in the Asia Pacific and Middle East regions. The company's website and mobile applications facilitate the research and booking process by providing tools that aggregate prices and offerings from a wide range of travel providers, enabling users to find the best deals quickly. Founded in 2005 and originally known as Bezurk Pte Ltd., Wego changed its name in 2008 and is based in Singapore, with additional offices in Jakarta, Bengaluru, and Dubai. The platform is recognized for delivering unbiased comparisons of travel products, helping consumers make informed decisions when booking flights and accommodations.

Fresha

Series A in 2017
Fresha is a SaaS-enabled marketplace platform for beauty and wellness industry. The platform takes the hassle out of running a business by managing appointment bookings, point-of-sale, customer records, human resources, inventory, and financial reporting. The consumer marketplace unlocks revenue potential for merchants by leveraging the power of online bookings and automated marketing through mobile apps and integrations to Instagram, Facebook and Google.

Fresha

Venture Round in 2017
Fresha is a SaaS-enabled marketplace platform for beauty and wellness industry. The platform takes the hassle out of running a business by managing appointment bookings, point-of-sale, customer records, human resources, inventory, and financial reporting. The consumer marketplace unlocks revenue potential for merchants by leveraging the power of online bookings and automated marketing through mobile apps and integrations to Instagram, Facebook and Google.

scriptr.io

Series A in 2017
Scriptr is a cloud service that simplifies the connection of Internet-of-Things devices to the internet through business logic and web services based on a browser-based IDE. It allows developers and builders to create custom APIs with the simplicity of JavaScript and the scalability of the cloud while removing server and application stack management tasks.

Melltoo

Seed Round in 2017
Melltoo "No-Meetup Classifieds" is a mobile marketplace for buying and selling second hand things. The app is available for iPhones and Androids and as a mobile responsive web app.

ElementN

Series A in 2017
ElementN, Inc. designs, develops, deploys, and delivers Web-based applications and solutions for enterprise customers in North America and MENA region. Its solutions include Telco Self-Care, a Web-based account management solution that puts access and control into the hands of post-paid, pre-paid, and corporate subscribers, as well as multi-line account managers with features, such as online bill management, service provisioning, and plan migration; and CC-Connect, an integrated set of Web applications that address common gaps in telecom operation support software, including solutions for call centers, sales outlets, network, and marketing departments. The company’s solutions also include mForms, a Software-as-a-Service (SaaS) solution for real-time large-scale mobile data collection and compatible with a range of GSM handsets and networks; and intranet with features, such as user directory, news, FAQs, and surveys. It also offers PortalElements methodology that offers an approach for developing enterprise portals, SaaS, and business applications; and intranet consulting, Web portal development, custom application development, functional analysis and design, and user experience consulting services. The company serves customers in telecom, bank, real estate, and software industries. ElementN, Inc. was founded in 2002 and is based in New York, New York.

Anghami

Series B in 2016
Anghami is a music streaming app providing unlimited Arabic and International music to stream and download for offline mode. Anghami is designed for the Middle-East and North Africa providing the largest music catalog of licensed content from the major Arabic labels such as Rotana, Melody, Mazzika, Platinum Records and many other indies. It also features the international majors EMI, Sony, Warner and Universal. Anghami is largest digital music venture ever in the Middle-East funded by multiple VC firms.

Matic

Seed Round in 2016
At Matic, they offer you the convenience of a clean home without the hassle. Use their app or visit their website to seamlessly book a cleaning session, and we’ll pick it up from there. Matic holds the largest network of cleaning service companies and will match you with a highly trained cleaning professional straight to your home in Dubai, Abu Dhabi, Riyadh or Doha with one tap booking.

Falafel Games

Series A in 2016
Falafel Games, operating under Mezzabites Technologies Company LTD, specializes in developing massively multiplayer online (MMO) games for both web and mobile platforms. Founded in 2010 and headquartered in Hangzhou, China, with an additional office in Beirut, Lebanon, the company focuses on delivering games that incorporate authentic Middle Eastern content. Falafel Games has achieved significant success in the Middle East gaming market, leading in the sale of virtual items and maintaining a perfect track record with its titles ranking in the top 100 grossing charts. As a pioneer in targeting the Middle Eastern audience, the company is well-positioned to capitalize on the region's underserved gaming market.

Eat App

Series A in 2016
Eat W.L.L. operates a leading restaurant reservation platform in the Middle East, primarily serving users in Dubai and Bahrain. Founded in 2013 and based in Bahrain, Eat App offers a comprehensive suite of tools for restaurants to manage reservations, optimize table layouts, and track customer preferences. The platform facilitates real-time communication between diners and restaurants, ensuring seamless booking experiences. Diners can use the mobile application to discover local dining options, check availability, and confirm reservations instantly. With over 10 million diners seated across more than 1,000 restaurants, Eat App has established itself as a key player in the region's hospitality sector, attracting significant investment along the way.

Fresha

Seed Round in 2016
Fresha is a SaaS-enabled marketplace platform for beauty and wellness industry. The platform takes the hassle out of running a business by managing appointment bookings, point-of-sale, customer records, human resources, inventory, and financial reporting. The consumer marketplace unlocks revenue potential for merchants by leveraging the power of online bookings and automated marketing through mobile apps and integrations to Instagram, Facebook and Google.

The Luxury Closet

Series B in 2016
The Luxury Closet is an online marketplace specializing in the buying, selling, and consignment of luxury items, primarily pre-owned, at discounted prices. This platform is notable for its commitment to maintaining brand integrity and ensuring the authenticity of every item. As the first of its kind in the Gulf Cooperation Council (GCC) region, The Luxury Closet has rapidly established a significant market presence and scalability, achieving impressive growth in a short timeframe. By providing customers with access to authentic designer goods at more affordable rates, The Luxury Closet caters to luxury consumers seeking value without compromising on quality.

Klangoo

Venture Round in 2016
Klangoo Inc. provides content management solutions. It offers magnet, a text analysis technology that provides an automated solution for content generators, including personalized RSS feeds, related documents, summary, extraction of key topics and entities, categories, and entity related pages; search engine optimization services; and media monitoring solutions. The company was incorporated in 2014 and is based in San Mateo, California.

Eventtus

Venture Round in 2016
Eventtus, founded in 2011 and based in Cairo, Egypt, operates a social network and an engagement platform for events, catering to both organizers and attendees. The platform allows event organizers to efficiently manage their events by providing tools to create event webpages, sell tickets, and develop mobile apps featuring schedules, speaker bios, and live announcements. For attendees, Eventtus serves as a comprehensive mobile app that consolidates event information, enabling users to interact with sessions and speakers, participate in polls, and network with other attendees. Additionally, the platform enhances user experience through features such as real-time insights, Q&A monitoring, and social feeds, all aimed at maximizing networking opportunities and improving event planning effectiveness.

Bukit

Seed Round in 2016
Bukit operates an online platform that allows golf travelers to discover, plan, and book golf experiences in over 30 destinations worldwide. Founded in 2013 and based in London, the company aims to modernize the golf industry through innovative technology. Bukit's platform provides course operators with advanced tools, including next-generation tee sheets and mobile applications for both members and visitors, enhancing operational efficiency and revenue generation. The company's commitment to developing intelligent systems positions it as a leader in the golf tourism sector, catering to the needs of modern golfers and course operators alike.

scriptr.io

Venture Round in 2016
Scriptr is a cloud service that simplifies the connection of Internet-of-Things devices to the internet through business logic and web services based on a browser-based IDE. It allows developers and builders to create custom APIs with the simplicity of JavaScript and the scalability of the cloud while removing server and application stack management tasks.

Vbout

Seed Round in 2016
Vbout Inc. operates a comprehensive marketing automation platform tailored for franchises and agencies, enabling them to efficiently manage their digital marketing efforts. Founded in 2015 and based in New York, the platform integrates essential tools for capturing leads, targeting prospects, and maintaining customer relationships. Key features include a landing page builder, smart opt-in popups, social media management, email marketing, and automated workflows. Additionally, Vbout provides in-depth reporting and analytics to optimize marketing campaigns and track lead engagement. The platform also supports users with training and customer service, aiming to streamline marketing processes and enhance customer conversion rates through personalized content and automated interactions.

Lyve Global

Seed Round in 2016
Developer of an integrated logistics services platform intended to reimagine logistics as an enabler of digital transformation and business innovation. The company's platform offers a comprehensive ecosystem of integrated, all-in-one B2B SaaS solutions that cover every touchpoint in the value chain from order to payment to delivery, enabling businesses to amlessly integrate digital solutions into their customer experiences and operations, enhancing efficiency and customer engagement.

Neumann

Series A in 2015
Neumann is a business-to-business cloud-based intelligence platform that specializes in data management and customer analytics. Founded in 2014 and headquartered in Bsharri, Lebanon, with additional offices in Beirut and Saida, the platform transforms cold data into actionable insights, enabling organizations to enhance customer conversion and retention. Neumann's interface allows users to track various metrics, including website visits, product interactions, and spending patterns, providing a comprehensive view of customer behavior. The platform also features automated triggers that notify marketers when specific thresholds are reached, facilitating timely engagement with customers. By constantly monitoring client interactions, Neumann empowers businesses to tailor their marketing strategies according to individual user preferences and behaviors, ultimately turning data into actionable marketing initiatives.

Mobinets

Series B in 2015
Mobinets is a fast-growing company out of Lebanon that builds software for mobile phone network operators across the MENA region. The company’s core product – “NEP” (Network Engineering Platform) – is used by 20+ leading telco operators in the region to improve the overall design, cost optimization, and maintenance of their networks.

Altibbi

Seed Round in 2015
Altibbi Ltd. operates a digital health platform catering to users and healthcare professionals in the Middle East. Founded in 2008 and based in Dubai, the platform provides comprehensive health information on various medical topics, including chronic conditions, dental health, and skin diseases. It offers a range of resources, such as a medical dictionary, articles, videos, and an encyclopedia of medicines, along with a question-and-answer feature. Altibbi also allows users to access health advice 24/7 through its website and mobile applications. Additionally, the platform facilitates the booking of video consultations with a selected group of doctors and provides translations of medical terminology into Arabic, enhancing patients' healthcare knowledge and access to professional assistance.

Anghami

Series A in 2015
Anghami is a music streaming app providing unlimited Arabic and International music to stream and download for offline mode. Anghami is designed for the Middle-East and North Africa providing the largest music catalog of licensed content from the major Arabic labels such as Rotana, Melody, Mazzika, Platinum Records and many other indies. It also features the international majors EMI, Sony, Warner and Universal. Anghami is largest digital music venture ever in the Middle-East funded by multiple VC firms.

The Luxury Closet

Series A in 2015
The Luxury Closet is an online marketplace specializing in the buying, selling, and consignment of luxury items, primarily pre-owned, at discounted prices. This platform is notable for its commitment to maintaining brand integrity and ensuring the authenticity of every item. As the first of its kind in the Gulf Cooperation Council (GCC) region, The Luxury Closet has rapidly established a significant market presence and scalability, achieving impressive growth in a short timeframe. By providing customers with access to authentic designer goods at more affordable rates, The Luxury Closet caters to luxury consumers seeking value without compromising on quality.

scriptr.io

Seed Round in 2015
Scriptr is a cloud service that simplifies the connection of Internet-of-Things devices to the internet through business logic and web services based on a browser-based IDE. It allows developers and builders to create custom APIs with the simplicity of JavaScript and the scalability of the cloud while removing server and application stack management tasks.

Klangoo

Seed Round in 2014
Klangoo Inc. provides content management solutions. It offers magnet, a text analysis technology that provides an automated solution for content generators, including personalized RSS feeds, related documents, summary, extraction of key topics and entities, categories, and entity related pages; search engine optimization services; and media monitoring solutions. The company was incorporated in 2014 and is based in San Mateo, California.

Fadel

Series A in 2014
Fadel Partners, Inc. specializes in cloud-based intellectual property rights and royalty management software, catering to industries such as media, entertainment, publishing, high technology, gaming, life sciences, and pharmaceuticals. The company's FADEL IPM suite offers a comprehensive range of services, including contract and rights management, digital asset rights management, financial payment and collections management, and analytics. Fadel's solutions are designed for scalability and configurability, effectively capturing and monetizing over $10 billion in retail sales data and facilitating more than $4 billion in annual royalty payments for clients. In addition to software solutions, Fadel provides professional services encompassing implementation, support, and education. Founded in 2003 and headquartered in Rye, New York, the company has established itself as a leader in the field, recognized for its innovative technology and industry contributions.

Instabug

Seed Round in 2013
Instabug, Inc. is a software company that provides a platform for mobile app developers to enhance application quality by facilitating real-time feedback and performance monitoring. Founded in 2012 and based in Giza, Egypt, the company offers a range of services including crash reporting, application performance monitoring, and user surveys. Through its crowdsourcing approach, Instabug enables developers to identify bugs and errors throughout the application lifecycle, allowing for timely resolution of issues and improved user experience. The company's tools deliver contextual insights that help developers pinpoint the specific conditions leading to functionality problems, thus supporting effective testing and quality assurance for mobile applications.

Lamsa

Venture Round in 2013
Lamsa World is a digital platform based in Abu Dhabi, United Arab Emirates, designed for Arab-speaking toddlers and preschoolers. The company provides an interactive application that offers a variety of edutainment products, including e-books, games, videos, and music. Lamsa focuses on creating an engaging learning environment for children aged 1 to 8 years, delivering content that fosters creativity and imagination. The platform regularly updates its offerings to ensure a diverse range of educational and entertaining materials, which cater to the developmental needs of young learners. Through its innovative approach, Lamsa aims to enhance the educational experience while making learning enjoyable for children.

Eventtus

Seed Round in 2013
Eventtus, founded in 2011 and based in Cairo, Egypt, operates a social network and an engagement platform for events, catering to both organizers and attendees. The platform allows event organizers to efficiently manage their events by providing tools to create event webpages, sell tickets, and develop mobile apps featuring schedules, speaker bios, and live announcements. For attendees, Eventtus serves as a comprehensive mobile app that consolidates event information, enabling users to interact with sessions and speakers, participate in polls, and network with other attendees. Additionally, the platform enhances user experience through features such as real-time insights, Q&A monitoring, and social feeds, all aimed at maximizing networking opportunities and improving event planning effectiveness.

Potential

Venture Round in 2013
Potential is a leading provider of online open courseware and professional development programs aimed at individuals and organizations, particularly in emerging markets. Founded in 2005 and based in Dubai, the company offers a range of tailored development initiatives, including programs focused on business growth for small and medium enterprises in the MENA region, support for women entrepreneurs in Saudi Arabia, and resources for engineers and scientists to develop their own businesses. Potential also provides corporate training programs designed to enhance employee performance, foster customer-centric cultures, and improve sales strategies across various market segments. With a commitment to lifelong learning, Potential has empowered hundreds of thousands of individuals and businesses from over 31 countries to achieve their goals.

HyperPay

Venture Round in 2012
Gate2play is the first one stop-shop service company for online merchants in the Middle East and North Africa. Understanding that challenges of those seeking to provide services to a large Arab online audience, gate2play provides the following value added services to its clients: Payment Gateway Services: gate2play provides online payment hub services, connecting merchants to a consolidated network of some of the leading local, regional, and global payment gateways. Market Entry and Expansion Services: gate2play assists merchants in regional market entry, including localization services (in multiple languages), online and offline marketing and strategic partnership development. User Maximization Services: gate2play operates a specialized multi-lingual professional support center for online services, which can be used both for marketing outreach, e-ticketing, live-chat support, as well as for transaction facilitation and customer service. The support center is also the region’s first “user experience center”, helping merchants maximize the potential of their relationship with their customers. With a team of online veterans and with on-the-ground experience of monetizing global and local online services, gate2playemploys 10 professionals in Amman and Cairo. The team is led by Muhannad Ebwini, who previously served as CEO of the largest alternative payment provider in the Arab World. Gate2play is also a venture backed business, supported by IV Holdings. Our company was Equity Funded by Middle East Venture Partners (MEVP) http://www.mevp.com/ IV- Holding www.iv-holdings.com/ And Couple of angel investors

Laimoon.com

Venture Round in 2012
Laimoon supports career-minded people with information on jobs,courses and career insights. Currently focussing on the UAE and the wider GCC region.

Anghami

Series A in 2012
Anghami is a music streaming app providing unlimited Arabic and International music to stream and download for offline mode. Anghami is designed for the Middle-East and North Africa providing the largest music catalog of licensed content from the major Arabic labels such as Rotana, Melody, Mazzika, Platinum Records and many other indies. It also features the international majors EMI, Sony, Warner and Universal. Anghami is largest digital music venture ever in the Middle-East funded by multiple VC firms.

Shahiya

Venture Round in 2012
Shahiya.com is an Arabic food-focused social website. Millions of Arab home cooks use it to find, review and share recipes, food pictures and blog posts. All user contributions are monitored by a passionate editorial team, to ensure clarity, originality, and conformity to the local tastes and norms. Shahiya also caters to health conscious users in Arab countries. Under the supervision of its founding partner Carole Hani Makhoul (US Registered Dietitian), it provides the nutritional facts of each recipe published on the site - a service only shahiya offers in Arabic. Since going online in 2010, it has grown to become the biggest Arabic cooking website, organically attracting > 1,000,000 unique visitors/month. Its mobile applications have also been downloaded > 1,000,000 times, topping most of the Arab Apple app stores. Shahiya has attracted top international advertising brands, such as Galaxy, Arla Foods, Kraft, Moulinex, Kenwood, and Braun, as well as large Saudi / UAE based advertisers, including Safi-Danone, Al Walimah, Savola, Al Alali, and STC. In 2012, shahiya received a Series A investment from the Lebanon based VC fund MEVP.

Falafel Games

Angel Round in 2012
Falafel Games, operating under Mezzabites Technologies Company LTD, specializes in developing massively multiplayer online (MMO) games for both web and mobile platforms. Founded in 2010 and headquartered in Hangzhou, China, with an additional office in Beirut, Lebanon, the company focuses on delivering games that incorporate authentic Middle Eastern content. Falafel Games has achieved significant success in the Middle East gaming market, leading in the sale of virtual items and maintaining a perfect track record with its titles ranking in the top 100 grossing charts. As a pioneer in targeting the Middle Eastern audience, the company is well-positioned to capitalize on the region's underserved gaming market.

TreasuryXpress

Venture Round in 2012
TreasuryXpress Inc. provides on-demand treasury management and cash forecasting solutions, catering to a diverse clientele that includes banks, treasury houses, small and medium-sized businesses, and large enterprises. The company's main offerings consist of its TMS suite, C2Treasury, and C2Treasury Lite, which enable users to manage treasury operations, cash visibility, liquidity, and payment management effectively. TreasuryXpress supports various deployment options, including private cloud, single-tenant SaaS, multi-tenant SaaS, and on-premise solutions, allowing organizations to choose the best fit for their IT policies and operational needs. Additionally, the TreasuryXpress Store features tools like Forecast+ for cash forecasting and Payment+ API for enhancing bank formatting requirements. Founded in 2007, TreasuryXpress is headquartered in Paris, France, with additional offices in New York, Dubai, and Beirut, and operates as a subsidiary of Box & Automation Solutions.

PinPay

Venture Round in 2010
Pin-Pay is an innovative mobile payment service offered at our Partner Banks which aims to bring our subscribers the most secure, reliable and intelligent payment experience. Using Pin-Pay, you can perform a number of different transactions directly from your mobile phone. Since all transactions are conducted live and under 20 seconds, you can safely receive money straight to your account in no time.
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