Middle East Venture Partners

Middle East Venture Partners (MEVP) is a Middle-East focused venture capital firm that invests in the early and growth stages of innovative companies run by talented entrepreneurs primarily in Beirut, Amman and Dubai. With offices in Beirut, Dubai and Silicon Valley and more than USD 100 million in Assets Under Management, MEVP is the pioneer and largest VC firm in the MENA region, with clear cross border investment appetite. MEVP has invested in over 25 high-tech companies since 2010
AA

Ali Almajthoob

Associate Director

Jad El Boustani

MD

Walid Hanna

CEO

Riyad Abou Jaoudeh

Junior Partner

Rawad Khalife

Executive Director

Walid Mansour

Venture Partner

GY

Gaelle Yammine

Associate

NB

Naldo Bejjani

Investment Analyst

86 past transactions

MNT-Halan

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

Reliefwatch

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 Partners

Series B in 2019
FADEL is an innovator of rights and royalty management software and has worked with some of the biggest names in media, entertainment, publishing, fashion, beauty, high-tech and advertising. FADEL’s technology is recognized for its scalability, configurability, and extendability. Our solutions currently capture, measure, and monetize over $10 billion in retail sales and usage data and over $4 billion in annual royalty payments for their customers, including both inbound and outbound royalty payments. FADEL is a thought leader whose work is highly recognized. In addition, FADEL’s IPM Suite has been the recipient of multiple awards and accolades.

Halan

Series A in 2020
Halan is a ride-hailing application that provides two and three-wheeler vehicle rides and on-demand logistics. The application also caters to businesses, offering smart-tech last-mile delivery through their integrated smart services using motorcycle and tricycles. It allows customers to request motorbike or tuk-tuk rides, or order food or goods for delivery via motorbikes or cargo tricycles. Halan also offers on-demand logistics solutions to support large organizations and small businesses alike in their distribution and supply chain. It also provides convenience and safety, while for the driver it offers incremental business. The application has delivered partnerships with fast-food chains like McDonald’s, KFC and Pizza Hut in Egypt. Halan was founded in November 2017 and is based in Cairo, Al Qahirah, Egypt.

Yodawy Inc.

Series B in 2021
Yodawy is an online pharmacy and insurtech startup that allows customers to order pharmaceuticals and cosmetics via a mobile app and have those delivered through a network of 500+ pharmacies across Egypt. Insurance and copayment benefits are automatically applied with four major insurance carriers onboarded thus far and more in the pipeline.

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.

EVENTTUS, INC.

Venture Round in 2016
EVENTTUS, INC. operates a social network for events. It enables users to find interesting events, share their plans with friends, socialize during events, and meet new people. The company’s network also allows users to capture their event moments; and share photos, videos, and comments with friends. In addition, it offers various tools and services that enable users to organize and manage events. The company was founded in 2011 and is based in Cairo, Egypt.

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.

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.

scriptr.io

Series A 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.

MNT-Halan

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

Magnitt

Seed Round in 2018
Magnitt is a startup directory that connects investors, mentors, and emerging companies in the Middle East. The discovery platform is a database with over 5,500 MENA startups and over 200 investors.

Vbout.com

Seed Round in 2016
Vbout is multi-channel marketing automation technology that helps businesses collect leads and convert them into loyal customers. The software saves time and increases efficiency by combining several essential marketing tools into one powerful platform. Features include social media management, a landing page builder, email marketing tools, a customer journey builder and in-depth user profiling. Vbout’s platform also includes built-in reporting and analytics to optimize campaigns and track all engagement with your leads.

Rain

Series B in 2022
Rain is a regulated cryptocurrency exchange operating in the Middle East.

Shedul.com

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.
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.

Moodfit

Seed Round in 2018
Moodfit is the first online interior design platform in the MENA region that offers a hassle-free online home furnishing and decoration service from carefully selected professional interior designers

Fadel Partners

Series A in 2014
FADEL is an innovator of rights and royalty management software and has worked with some of the biggest names in media, entertainment, publishing, fashion, beauty, high-tech and advertising. FADEL’s technology is recognized for its scalability, configurability, and extendability. Our solutions currently capture, measure, and monetize over $10 billion in retail sales and usage data and over $4 billion in annual royalty payments for their customers, including both inbound and outbound royalty payments. FADEL is a thought leader whose work is highly recognized. In addition, FADEL’s IPM Suite has been the recipient of multiple awards and accolades.

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.
Among developers of MMO games targeting the Middle East, Falafel Games has sold the most virtual items for the web browser (more than $1m) and has the most games in the top 100 grossing charts there (3/3, 100% hit rate). Rather simple: We're the only developer of MMO games targeting the Middle East on the web browser, and one of a handful of MMO developers targeting the Middle East on mobile. We do games with a heavy flavor of authentic Middle Eastern content; along with our distribution channels, makes us poised to dominate the Middle East. Are you interested in taking advantage of the underserved Middle East gaming market? Join us!

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.

Lamsa

Series A in 2018
Lamsa Kids World is a state of the art digital service tailored for children availing a world of creativity and imagination! Delivering entertainment and fun, along with allowing for an interactive, perceptive, and exciting learning experience, Lamsa offers value to: Toddlers (ages 1-3 years) Preschoolers (ages 4-6 years) School-aged children (ages 6-8 years) This value is delivered via a wide array of content varying in context and type and includes interactive stories, games, art, rhymes, and learning.

Rain

Series A in 2021
Rain is a regulated cryptocurrency exchange operating in the Middle East.

Eat

Series A in 2020
Eat App is the Middle East’s #1 reservation platform and online booking engine for restaurants. The platform powers reservations at the most renowned restaurants and hospitality brands. To date, Eat App has seated 10+ million diners in 1000+ restaurants across the Middle East. Eat App has raised USD $4.2m from prominent investors like 500 startups and MEVP. Eat has products for both restaurants and diners. For restaurants, eat supplies an iPad application that manages table reservations with simple floor planning features, records customer history and preferences, and provides a tool to publish targeted promotions and discounts. For diners, eat supplies an iPhone application that allows users to discover restaurants around them, find available tables, and confirm reservations instantly. The iPhone is linked with the iPad, and reservations are communicated with the restaurant in real-time.

ElementN, Inc.

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.
They do not believe the future of cities is more clogged roads with cars. Congestion can be solved with more bicycles, motor bikes or electric bikes. Smartphones and two wheelers are the two most expensive assets owned by the majority of the people in the countries they operate in. Bykea brings technology to leverage these assets for optimal utility, to bring a source of income to a family otherwise bereft of the power of the internet to make a Livelihood. They are on a mission to help bring economic prosperity and the most efficient transport and logistics to emerging economies.

Nana Direct

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.

Halan

Venture Round in 2021
Halan is a ride-hailing application that provides two and three-wheeler vehicle rides and on-demand logistics. The application also caters to businesses, offering smart-tech last-mile delivery through their integrated smart services using motorcycle and tricycles. It allows customers to request motorbike or tuk-tuk rides, or order food or goods for delivery via motorbikes or cargo tricycles. Halan also offers on-demand logistics solutions to support large organizations and small businesses alike in their distribution and supply chain. It also provides convenience and safety, while for the driver it offers incremental business. The application has delivered partnerships with fast-food chains like McDonald’s, KFC and Pizza Hut in Egypt. Halan was founded in November 2017 and is based in Cairo, Al Qahirah, Egypt.

Neumann

Series A in 2015
Neumann develops a business-to-business (B2B) cloud based intelligence platform to make use of enterprise data. The data management platform collects cold data, process from cold data to actionable information to on-target action. The company was founded in 2014 and is based in Bsharri, Lebanon with additional offices in Beirut and Saida, Lebanon.

VertoFX

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.
They do not believe the future of cities is more clogged roads with cars. Congestion can be solved with more bicycles, motor bikes or electric bikes. Smartphones and two wheelers are the two most expensive assets owned by the majority of the people in the countries they operate in. Bykea brings technology to leverage these assets for optimal utility, to bring a source of income to a family otherwise bereft of the power of the internet to make a Livelihood. They are on a mission to help bring economic prosperity and the most efficient transport and logistics to emerging economies.
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.

Sarwa Digital Wealth Limited

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.

Stake

Seed Round in 2022
Stake is a digital real estate investment platform that lets anyone invest in income generating properties within minutes.

Eat

Series B in 2022
Eat App is the Middle East’s #1 reservation platform and online booking engine for restaurants. The platform powers reservations at the most renowned restaurants and hospitality brands. To date, Eat App has seated 10+ million diners in 1000+ restaurants across the Middle East. Eat App has raised USD $4.2m from prominent investors like 500 startups and MEVP. Eat has products for both restaurants and diners. For restaurants, eat supplies an iPad application that manages table reservations with simple floor planning features, records customer history and preferences, and provides a tool to publish targeted promotions and discounts. For diners, eat supplies an iPhone application that allows users to discover restaurants around them, find available tables, and confirm reservations instantly. The iPhone is linked with the iPad, and reservations are communicated with the restaurant in real-time.

Instabug

Seed Round in 2013
Instabug is a computer software company that offers services for mobile app developers to help them in testing their applications. It delivers real-time contextual throughout the application's life cycle that helps mobile application developers to detect bugs and errors on their application. The company was founded in 2014 and headquartered in California, United States.

Yodawy Inc.

Series B in 2023
Yodawy is an online pharmacy and insurtech startup that allows customers to order pharmaceuticals and cosmetics via a mobile app and have those delivered through a network of 500+ pharmacies across Egypt. Insurance and copayment benefits are automatically applied with four major insurance carriers onboarded thus far and more in the pipeline.
Among developers of MMO games targeting the Middle East, Falafel Games has sold the most virtual items for the web browser (more than $1m) and has the most games in the top 100 grossing charts there (3/3, 100% hit rate). Rather simple: We're the only developer of MMO games targeting the Middle East on the web browser, and one of a handful of MMO developers targeting the Middle East on mobile. We do games with a heavy flavor of authentic Middle Eastern content; along with our distribution channels, makes us poised to dominate the Middle East. Are you interested in taking advantage of the underserved Middle East gaming market? Join us!

golfscape LLP

Seed Round in 2016
golfscape was founded in 2013 with a vision to revolutionize the golf industry with technology for the modern golfer. Today, golfscape is the industry leader providing its reservations and operations services in over 30 golf destinations across Europe, Africa, Near East, and Asia-Pacific. golfscape's OS platform delivers course operators next-generation tee sheets, member and visitor mobile apps, as well as revenue generating technologies and services. The golfscape team is dedicated to developing intelligent systems that empower the golf industry with tomorrow's technology.

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.

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.

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.

Toters

Series A in 2018
Toters provides service that connects customers with retailers, and uses couriers to deliver from any restaurants or shops in your city. Since 2017, their operation has grown exponentially in Lebanon and they have recently launched in Iraq and Saudi Arabia, delivering to thousands of happy customers every month from hundreds of select partner stores. From logistics to technology, design, and support they strive to offer their customers and partners the best experience both online and offline.

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.

TreasuryXpress

Series B in 2017
TreasuryXpress is a SaaS company that offers treasury management solutions and cash forecasting solution. It services includes MS suite, C2Treasury, and C2Treasury Lite that allows its users to control and secure their financial actions through the use of its interface. The company was founded in 2007 and is headquartered in Paris.

Eat

Series B in 2020
Eat App is the Middle East’s #1 reservation platform and online booking engine for restaurants. The platform powers reservations at the most renowned restaurants and hospitality brands. To date, Eat App has seated 10+ million diners in 1000+ restaurants across the Middle East. Eat App has raised USD $4.2m from prominent investors like 500 startups and MEVP. Eat has products for both restaurants and diners. For restaurants, eat supplies an iPad application that manages table reservations with simple floor planning features, records customer history and preferences, and provides a tool to publish targeted promotions and discounts. For diners, eat supplies an iPhone application that allows users to discover restaurants around them, find available tables, and confirm reservations instantly. The iPhone is linked with the iPad, and reservations are communicated with the restaurant in real-time.

Potential

Venture Round in 2013
Potential brings together people, businesses and ideas from around the world, in order to transform individuals and organizations through professional development. A pioneer in educational technology and a leading provider for life-long learning across emerging markets, Potential has empowered hundreds of thousands of individuals and companies from over 31 different countries to perform at their very best.

Wego Pte Ltd.

Series E in 2017
Wego provides award winning travel search websites and top ranked mobile apps for travelers living in MENA and APAC regions. Wego harnesses powerful yet simple to use technology that automates the process of searching and comparing results from hundreds of airlines,​ hotels and online travel agency websites. Wego presents an unbiased comparison of all travel products and prices ​offered ​in the marketplace ​by ​merchants, both local and global, and enables shoppers to quickly find the best deal and place to book whether from an airline or hotel direct, or ​with a third party aggregator​ website​​. Wego was founded in 2005, is dual-headquartered in Singapore and Dubai and backed by investors including Tiger Global Management, Crescent Point Group, SquarePeg Capital, MBC Group and Middle East Venture Partners.

Shedul.com

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.

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

TreasuryXpress

Venture Round in 2012
TreasuryXpress is a SaaS company that offers treasury management solutions and cash forecasting solution. It services includes MS suite, C2Treasury, and C2Treasury Lite that allows its users to control and secure their financial actions through the use of its interface. The company was founded in 2007 and is headquartered in Paris.

One Click Delivery Services

Seed Round in 2018
One Click Delivery Services redefines last mile delivery throughout the region. By providing seamless and personalized delivery from local businesses to the consumer’s doorstep, They are closing the last-mile gap between merchants and their customers. Their entire last mile and on-demand delivery is technology-enabled, with a robust delivery management system featuring GPS locations tracking and automated customer notifications.

Altibbi Ltd.

Seed Round in 2015
Altibbi Ltd. operates a digital health platform for doctors and users in the Middle East. Its platform provides information on various topics, including hypertension, eyes illnesses, allergy allergic, herbalists, and malignant tumors, as well as heart, dental, skin diseases. The company’s solution also includes medical dictionary, articles, guide, and news; and videos, encyclopedia of medicines, and questions and answers. In addition, the company provides services through its mobile applications. Altibbi Ltd. was founded in 2008 and is based in Dubai, United Arab Emirates.

Modacruz

Series B in 2017
Modacruz is a mobile social marketplace, serving more than 1 million women in Turkey, enabling women to buy and sell pre-owned brand name fashion items. Users can sign up to the platform to either find and purchase products or to sell their own. Modacruz was launched in 2014 and is headquartered in Istanbul

Volt Lines

Seed Round in 2018
Volt Lines operates an online platform that provides subscription based transportation services in Istanbul. The company’s platform allows users to book a seat on mini-buses for their commute to and from work. It also offers mobile application. The company was founded in 2017 and is based in Istanbul, Turkey.

Lamsa

Venture Round in 2013
Lamsa Kids World is a state of the art digital service tailored for children availing a world of creativity and imagination! Delivering entertainment and fun, along with allowing for an interactive, perceptive, and exciting learning experience, Lamsa offers value to: Toddlers (ages 1-3 years) Preschoolers (ages 4-6 years) School-aged children (ages 6-8 years) This value is delivered via a wide array of content varying in context and type and includes interactive stories, games, art, rhymes, and learning.

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.

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.

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.

Altibbi Ltd.

Series B in 2017
Altibbi Ltd. operates a digital health platform for doctors and users in the Middle East. Its platform provides information on various topics, including hypertension, eyes illnesses, allergy allergic, herbalists, and malignant tumors, as well as heart, dental, skin diseases. The company’s solution also includes medical dictionary, articles, guide, and news; and videos, encyclopedia of medicines, and questions and answers. In addition, the company provides services through its mobile applications. Altibbi Ltd. was founded in 2008 and is based in Dubai, United Arab Emirates.

TruKKer

Series A in 2019
TruKKer is a Digital Freight Network that integrates Demand & Supply for land freight services. The network is built on real-time data analytics that creates reliability, transparency, and utilization based savings for Shippers and thousands of transporters. The network’s rapid growth and scale is creating multiple opportunities through data monetization and consolidated procurement

The Luxury Closet

Series C in 2018
The Luxury Closet is a fast growing online market platform that buys, sells, and consigns luxury items, mostly pre-owned, at a discounted price maintaining brand and item integrity and the assurance of authenticity. The Luxury Closet is the first of its kind in the GCC region in terms of size, market reach and scalability. It has achieved massive traction in a short period of time, and double digit monthly growth.

The Luxury Closet

Venture Round in 2020
The Luxury Closet is a fast growing online market platform that buys, sells, and consigns luxury items, mostly pre-owned, at a discounted price maintaining brand and item integrity and the assurance of authenticity. The Luxury Closet is the first of its kind in the GCC region in terms of size, market reach and scalability. It has achieved massive traction in a short period of time, and double digit monthly growth.

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.

The Luxury Closet

Series B in 2016
The Luxury Closet is a fast growing online market platform that buys, sells, and consigns luxury items, mostly pre-owned, at a discounted price maintaining brand and item integrity and the assurance of authenticity. The Luxury Closet is the first of its kind in the GCC region in terms of size, market reach and scalability. It has achieved massive traction in a short period of time, and double digit monthly growth.

Nana Direct

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.

Matic, LLC

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.

Matic, LLC

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.

Rise

Venture Round in 2020
Rise is a wealth management platform for migrants, aspiring to create possibilities and improve lives for millions globally. They believe wealth is not just money, but knowledge and hunger to grow. They help migrants manage their finances, learn new skills and build a better future.

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.
They do not believe the future of cities is more clogged roads with cars. Congestion can be solved with more bicycles, motor bikes or electric bikes. Smartphones and two wheelers are the two most expensive assets owned by the majority of the people in the countries they operate in. Bykea brings technology to leverage these assets for optimal utility, to bring a source of income to a family otherwise bereft of the power of the internet to make a Livelihood. They are on a mission to help bring economic prosperity and the most efficient transport and logistics to emerging economies.

Eat

Series A in 2016
Eat App is the Middle East’s #1 reservation platform and online booking engine for restaurants. The platform powers reservations at the most renowned restaurants and hospitality brands. To date, Eat App has seated 10+ million diners in 1000+ restaurants across the Middle East. Eat App has raised USD $4.2m from prominent investors like 500 startups and MEVP. Eat has products for both restaurants and diners. For restaurants, eat supplies an iPad application that manages table reservations with simple floor planning features, records customer history and preferences, and provides a tool to publish targeted promotions and discounts. For diners, eat supplies an iPhone application that allows users to discover restaurants around them, find available tables, and confirm reservations instantly. The iPhone is linked with the iPad, and reservations are communicated with the restaurant in real-time.

Shedul.com

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.

EVENTTUS, INC.

Seed Round in 2013
EVENTTUS, INC. operates a social network for events. It enables users to find interesting events, share their plans with friends, socialize during events, and meet new people. The company’s network also allows users to capture their event moments; and share photos, videos, and comments with friends. In addition, it offers various tools and services that enable users to organize and manage events. The company was founded in 2011 and is based in Cairo, Egypt.

The Luxury Closet

Series A in 2015
The Luxury Closet is a fast growing online market platform that buys, sells, and consigns luxury items, mostly pre-owned, at a discounted price maintaining brand and item integrity and the assurance of authenticity. The Luxury Closet is the first of its kind in the GCC region in terms of size, market reach and scalability. It has achieved massive traction in a short period of time, and double digit monthly growth.

Rain

Venture Round in 2020
Rain is a regulated cryptocurrency exchange operating in the Middle East.

Volt Lines

Seed Round in 2018
Volt Lines operates an online platform that provides subscription based transportation services in Istanbul. The company’s platform allows users to book a seat on mini-buses for their commute to and from work. It also offers mobile application. The company was founded in 2017 and is based in Istanbul, Turkey.

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 operates an online platform that provides subscription based transportation services in Istanbul. The company’s platform allows users to book a seat on mini-buses for their commute to and from work. It also offers mobile application. The company was founded in 2017 and is based in Istanbul, Turkey.

Nana Direct

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.

Neotic

Seed Round in 2018
Neotic introduced the use of AI for assisting investors in decision making. The technology behind it is based on machine learning algorithms for price patterns recognition, corporate fundamentals and financial news analysis.