Middle East Venture Partners (MEVP)

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 AlJuaid

Managing Director

Fahed Qteishat

Associate Director

Ankit Sarwahi

Associate Director

Gaelle Yammine

Associate Director

Past deals in MENA

Invygo

Series A in 2024
Invygo is MENA's leading car subscription service, offering consumers accessible mobility options via an all-inclusive monthly subscription through its mobile app. It provides dealers with a new revenue-generating business model that reduces depreciation and operational costs.

Stake

Series A in 2024
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.

Yodawy

Series B in 2023
Yodawy Inc. is a Giza-based company founded in 2018 that specializes in developing a medicine delivery and claims management platform. It enables customers to order pharmaceuticals and personal care products through a mobile app, which facilitates delivery via a network of over 500 pharmacies across Egypt. The platform combines an AI-powered approval engine for insurance claims with features like a digital prescription app and a partner portal. Yodawy collaborates with major insurance carriers to automatically apply insurance and copayment benefits for users, streamlining the medication ordering process and enhancing accessibility for patients seeking home delivery of their prescriptions.

Invygo

Series A in 2022
Invygo is MENA's leading car subscription service, offering consumers accessible mobility options via an all-inclusive monthly subscription through its mobile app. It provides dealers with a new revenue-generating business model that reduces depreciation and operational costs.

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.

Lyve Global

Convertible Note in 2022
Lyve is a technology products and logistics company headquartered in Abu Dhabi. Through cloud-based platforms and logistics services, Lyve helps facilitate millions of orders every month across multiple industries and is now expanding its solutions to cover order generation, payments, and order management. We power the digital economy with our logistics and technology solutions. From big data to multi-vertical service agents, from instant activation to scalable capacity, what we do continues to go beyond what’s typically considered delivery.

Nana

Venture Round in 2022
Nana is an online grocery platform based in Saudi Arabia that specializes in providing doorstep deliveries of a diverse range of products. The platform offers an extensive selection of groceries, fruits, vegetables, cosmetics, electronics, bakery items, and flowers, allowing consumers to conveniently purchase items online. By focusing on home delivery, Nana aims to simplify the shopping experience for its users, making it easier for them to access essential goods from the comfort of their homes.

Rain

Series B in 2022
Rain is a regulated digital currency exchange and custodian in the Middle East, founded in 2017 and based in Manama, Bahrain. It operates a licensed trading platform that enables clients to buy, sell, and store digital assets within a secure and compliant regulatory framework.

Halan

Venture Round in 2021
Halan is an Egyptian technology company established in 2017, operating a mobile application that caters to various consumer needs through a single platform. The app offers ride-hailing services for two and three-wheeler vehicles, on-demand logistics solutions, food delivery, and goods transportation via motorbikes or cargo tricycles. Halan also facilitates e-payments and microfinance services for its users. It has partnered with prominent fast-food chains in Egypt to provide last-mile delivery services using smart-tech integrated systems. The company aims to enhance convenience and safety for customers while offering incremental business opportunities for drivers, supporting both large organizations and small businesses in their distribution needs.

Yodawy

Series B in 2021
Yodawy Inc. is a Giza-based company founded in 2018 that specializes in developing a medicine delivery and claims management platform. It enables customers to order pharmaceuticals and personal care products through a mobile app, which facilitates delivery via a network of over 500 pharmacies across Egypt. The platform combines an AI-powered approval engine for insurance claims with features like a digital prescription app and a partner portal. Yodawy collaborates with major insurance carriers to automatically apply insurance and copayment benefits for users, streamlining the medication ordering process and enhancing accessibility for patients seeking home delivery of their prescriptions.

Basma

Series A in 2021
Basma is a direct-to-consumer healthcare brand based in Beirut, Lebanon, that specializes in providing affordable orthodontic solutions. Founded in 2017, the company designs, manufactures, and sells invisible aligners as an alternative to traditional braces, aiming to help individuals straighten their teeth conveniently. Basma offers an at-home impression kit that enables customers to take impressions of their teeth, which are then used to create customized aligners based on professional orthodontic assessments. This approach allows customers to receive effective dental alignment treatments remotely, ensuring both accessibility and affordability while promoting confident smiles.

Rain

Venture Round in 2020
Rain is a regulated digital currency exchange and custodian in the Middle East, founded in 2017 and based in Manama, Bahrain. It operates a licensed trading platform that enables clients to buy, sell, and store digital assets within a secure and compliant regulatory framework.

Lyve Global

Series B in 2020
Lyve is a technology products and logistics company headquartered in Abu Dhabi. Through cloud-based platforms and logistics services, Lyve helps facilitate millions of orders every month across multiple industries and is now expanding its solutions to cover order generation, payments, and order management. We power the digital economy with our logistics and technology solutions. From big data to multi-vertical service agents, from instant activation to scalable capacity, what we do continues to go beyond what’s typically considered delivery.

Nana

Series B in 2020
Nana is an online grocery platform based in Saudi Arabia that specializes in providing doorstep deliveries of a diverse range of products. The platform offers an extensive selection of groceries, fruits, vegetables, cosmetics, electronics, bakery items, and flowers, allowing consumers to conveniently purchase items online. By focusing on home delivery, Nana aims to simplify the shopping experience for its users, making it easier for them to access essential goods from the comfort of their homes.

Halan

Series A in 2020
Halan is an Egyptian technology company established in 2017, operating a mobile application that caters to various consumer needs through a single platform. The app offers ride-hailing services for two and three-wheeler vehicles, on-demand logistics solutions, food delivery, and goods transportation via motorbikes or cargo tricycles. Halan also facilitates e-payments and microfinance services for its users. It has partnered with prominent fast-food chains in Egypt to provide last-mile delivery services using smart-tech integrated systems. The company aims to enhance convenience and safety for customers while offering incremental business opportunities for drivers, supporting both large organizations and small businesses in their distribution needs.

Volt Lines

Series A in 2019
Volt Lines is a transportation service provider based in Istanbul, Turkey, that offers subscription-based micro-transit solutions. Founded in 2017, the company operates an online platform and a mobile application that enables users to book seats on smartly routed mini-buses for their daily commutes. Volt Lines specifically caters to corporate clients, providing an alternative to public transportation and ride-hailing services. By focusing on shorter journeys and optimizing routes, the company enhances efficiency for employees, passengers, and drivers alike. Its innovative approach aims to alleviate the challenges of commuting in urban environments while delivering a reliable transportation option for businesses.

TruKKer

Series A in 2019
TruKKer is a technology-enabled truck aggregator based in Abu Dhabi, UAE, founded in 2016. The company operates a logistics and fleet management platform that simplifies road freight and logistics operations by integrating demand and supply for land freight services. TruKKer's platform connects shippers and carriers in real time, ensuring maximum utilization of available trucks and reducing overall transportation costs. The company's network, powered by real-time data analytics, enhances reliability and transparency while creating opportunities for data monetization and consolidated procurement. By offering end-to-end coverage and a comprehensive service portfolio, TruKKer facilitates cross-border transportation services for various end markets, benefiting both shippers and transporters alike.

Nana

Series A in 2019
Nana is an online grocery platform based in Saudi Arabia that specializes in providing doorstep deliveries of a diverse range of products. The platform offers an extensive selection of groceries, fruits, vegetables, cosmetics, electronics, bakery items, and flowers, allowing consumers to conveniently purchase items online. By focusing on home delivery, Nana aims to simplify the shopping experience for its users, making it easier for them to access essential goods from the comfort of their homes.

Volt Lines

Seed Round in 2018
Volt Lines is a transportation service provider based in Istanbul, Turkey, that offers subscription-based micro-transit solutions. Founded in 2017, the company operates an online platform and a mobile application that enables users to book seats on smartly routed mini-buses for their daily commutes. Volt Lines specifically caters to corporate clients, providing an alternative to public transportation and ride-hailing services. By focusing on shorter journeys and optimizing routes, the company enhances efficiency for employees, passengers, and drivers alike. Its innovative approach aims to alleviate the challenges of commuting in urban environments while delivering a reliable transportation option for businesses.

Volt Lines

Seed Round in 2018
Volt Lines is a transportation service provider based in Istanbul, Turkey, that offers subscription-based micro-transit solutions. Founded in 2017, the company operates an online platform and a mobile application that enables users to book seats on smartly routed mini-buses for their daily commutes. Volt Lines specifically caters to corporate clients, providing an alternative to public transportation and ride-hailing services. By focusing on shorter journeys and optimizing routes, the company enhances efficiency for employees, passengers, and drivers alike. Its innovative approach aims to alleviate the challenges of commuting in urban environments while delivering a reliable transportation option for businesses.

MAGNiTT

Seed Round in 2018
Magnitt, Inc. is a Dubai-based platform founded in 2014 that connects investors, mentors, and startups in the Middle East and North Africa (MENA) region. It operates a comprehensive database featuring over 5,500 startups and more than 200 investors, facilitating networking and collaboration among various stakeholders in the entrepreneurial ecosystem. The platform provides valuable investment-related information and analytical insights, assisting startups in securing funding and talent while enabling investors and corporates to make informed decisions. Magnitt serves as a vital resource for emerging companies and investors looking to engage in the MENA market.

Moodfit

Seed Round in 2018
Moodfit is an online interior design platform based in the MENA region that specializes in providing convenient home furnishing and decoration services. The company connects customers with professional interior designers to create tailored design solutions that align with individual styles and budgets. Moodfit offers a comprehensive service that includes a turnkey design, a curated list of furniture options with pricing, and the ability to purchase and have items delivered directly to the customer's home. This approach simplifies the interior design process, making it accessible and budget-friendly for users seeking to enhance their living spaces.

Lyve Global

Series A in 2018
Lyve is a technology products and logistics company headquartered in Abu Dhabi. Through cloud-based platforms and logistics services, Lyve helps facilitate millions of orders every month across multiple industries and is now expanding its solutions to cover order generation, payments, and order management. We power the digital economy with our logistics and technology solutions. From big data to multi-vertical service agents, from instant activation to scalable capacity, what we do continues to go beyond what’s typically considered delivery.

One Click Delivery Services

Seed Round in 2018
One Click Delivery Services is a Dubai-based company founded in 2015 that specializes in last mile delivery solutions. The company operates a technology-driven platform that connects various stakeholders in the delivery process, including call centers, drivers, point of sale outlets, and both business and consumer customers. By offering seamless and personalized delivery from local businesses to consumers' doorsteps, One Click Delivery Services aims to bridge the last-mile gap effectively. Their delivery management system incorporates features such as GPS tracking and automated customer notifications, ensuring an efficient and transparent delivery experience. This innovative approach positions the company as a key player in the evolving logistics landscape of the region.

TreasuryXpress

Series B in 2017
TreasuryXpress Inc. specializes in providing on-demand treasury management and cash forecasting solutions designed to enhance financial visibility and control for organizations of all sizes. Founded in 2007 and headquartered in Paris, with additional offices in New York, Dubai, and Beirut, the company offers a range of products including its TMS suite, C2Treasury, and C2Treasury Lite. These solutions facilitate critical functions such as cash management, liquidity management, payment management, and bank account management. TreasuryXpress also enables users to generate custom reports and provides various deployment options, including private cloud, single-tenant SaaS, multi-tenant SaaS, and on-premise models, ensuring flexibility to meet different business needs. Through its TreasuryXpress Store, the company offers Forecast+ for cash forecasting and Payment+ API for enhanced bank formatting, catering to a diverse clientele that includes banks, treasury houses, small and medium-sized businesses, and large enterprises. TreasuryXpress operates as a subsidiary of Box & Automation Solutions.

Matic

Series A in 2017
Matic, LLC is a company based in Dubai, United Arab Emirates, that specializes in connecting customers with cleaning service professionals across major cities in the Gulf region, including Dubai, Abu Dhabi, Doha, and Riyadh. Founded in 2015, Matic operates an online platform and a mobile application that simplifies the booking process for home cleaning and housekeeping services. Customers can easily schedule a cleaning session through the app or website, allowing for a seamless experience. Matic boasts a large network of cleaning service providers, ensuring that users are matched with highly trained cleaning professionals for their home needs.

Altibbi

Series B in 2017
Altibbi Ltd. is a digital health platform based in Dubai, United Arab Emirates, that connects users with healthcare information and services throughout the Middle East. Founded in 2008, Altibbi offers a comprehensive range of resources, including medical articles, videos, a medical dictionary, and an encyclopedia of medicines. The platform addresses various health topics, such as chronic diseases, allergies, and dental issues, providing users with the knowledge they need to make informed health decisions. In addition to informational resources, Altibbi facilitates access to healthcare by allowing users to book appointments with qualified doctors via video calls and translating medical terminology into Arabic. The platform is accessible 24/7 through its website and mobile applications, enhancing healthcare access and quality for users in the region.

Modacruz

Series B in 2017
Modacruz is a mobile social marketplace in Turkey that enables users to buy and sell pre-owned brand-name fashion items. It serves over 1 million women and was launched in 2014 with headquarters in Istanbul. The platform focuses on fashion apparel and accessories, offering access to items at affordable prices through a peer-to-peer community. It emphasizes a social, mobile shopping experience that connects buyers and sellers around authenticated, second-hand fashion.

Wego

Series E in 2017
Wego is a travel search platform that caters primarily to travelers in the MENA and India regions, offering easy-to-use websites and mobile applications. The platform leverages advanced technology to automate the search and comparison of flights, hotels, and travel deals from numerous airlines, hotels, and online travel agencies. By providing an unbiased overview of various travel products and prices from both local and international sources, Wego allows users to efficiently identify the best deals and book their travel arrangements. The company maintains dual headquarters in Singapore and Dubai and is backed by a number of prominent investors.

ElementN

Series A in 2017
ElementN, Inc. is a technology company that designs, develops, and delivers web-based applications and solutions for enterprise customers primarily in North America and the MENA region. Founded in 2002 and headquartered in New York, the company offers a range of products, including Telco Self-Care, a web-based account management solution for telecom subscribers, and CC-Connect, which addresses gaps in telecom operational support through integrated web applications. Additionally, ElementN provides mForms, a SaaS solution for real-time mobile data collection across various GSM handsets, along with intranet solutions featuring user directories and surveys. The company's expertise also extends to web portal and custom application development, as well as consulting services in areas such as user experience and functional analysis. ElementN caters to clients in several industries, including telecom, banking, real estate, and software.

Anghami

Series B in 2016
Founded in 2011, Anghami is a leading music streaming platform focused on the Middle East and North Africa. It offers a vast catalog of Arabic and international songs for streaming and offline download, featuring licensed content from major labels such as Rotana, EMI, Sony, Warner, and Universal. The company serves its customers through a mobile application and has strategic partnerships with notable regional entities like MBC Group.

Matic

Seed Round in 2016
Matic, LLC is a company based in Dubai, United Arab Emirates, that specializes in connecting customers with cleaning service professionals across major cities in the Gulf region, including Dubai, Abu Dhabi, Doha, and Riyadh. Founded in 2015, Matic operates an online platform and a mobile application that simplifies the booking process for home cleaning and housekeeping services. Customers can easily schedule a cleaning session through the app or website, allowing for a seamless experience. Matic boasts a large network of cleaning service providers, ensuring that users are matched with highly trained cleaning professionals for their home needs.

Falafel Games

Series A in 2016
Falafel Games is a game development studio focused on creating culturally relevant multiplayer online role-playing games for the Middle East market. The company specializes in designing and producing mobile-based games that incorporate authentic Arabic content, drawing inspiration from historical themes and events, such as the Arab Conquests. With a strategic emphasis on the region's unique cultural context, Falafel Games has emerged as a leading developer in the MMO space, achieving significant sales of virtual items and maintaining a strong presence in the top grossing charts. The studio's commitment to delivering games tailored to the tastes and preferences of Middle Eastern players positions it to capture a substantial share of this underserved market.

Lyve Global

Seed Round in 2016
Lyve is a technology products and logistics company headquartered in Abu Dhabi. Through cloud-based platforms and logistics services, Lyve helps facilitate millions of orders every month across multiple industries and is now expanding its solutions to cover order generation, payments, and order management. We power the digital economy with our logistics and technology solutions. From big data to multi-vertical service agents, from instant activation to scalable capacity, what we do continues to go beyond what’s typically considered delivery.

Neumann

Series A in 2015
Neumann is a business-to-business cloud-based intelligence platform that specializes in transforming enterprise data into actionable insights. Founded in 2014 and headquartered in Bsharri, Lebanon, with additional offices in Beirut and Saida, the company focuses on data management, enabling clients to track a wide array of metrics related to customer engagement and product performance. Neumann's platform allows businesses to monitor key data points, such as website visits and purchasing behaviors, while also offering the capability to set triggers that prompt automated marketing actions based on specific thresholds. This functionality empowers companies to enhance customer conversion and retention by proactively addressing changes in consumer behavior.

Mobinets

Series B in 2015
Mobinets is a rapidly expanding company based in Lebanon that specializes in software solutions for mobile phone network operators throughout the MENA region. Its flagship product, the Network Engineering Platform (NEP), is utilized by over 20 leading telecommunications operators to enhance network design, optimize costs, and facilitate maintenance. The platform provides operating system services that automate and streamline telecom network operations, allowing for improved workflow functionality. This capability accelerates inter-departmental processes, enhancing execution speed and accuracy, and enabling telecom operators to achieve transformation benefits efficiently.

Altibbi

Seed Round in 2015
Altibbi Ltd. is a digital health platform based in Dubai, United Arab Emirates, that connects users with healthcare information and services throughout the Middle East. Founded in 2008, Altibbi offers a comprehensive range of resources, including medical articles, videos, a medical dictionary, and an encyclopedia of medicines. The platform addresses various health topics, such as chronic diseases, allergies, and dental issues, providing users with the knowledge they need to make informed health decisions. In addition to informational resources, Altibbi facilitates access to healthcare by allowing users to book appointments with qualified doctors via video calls and translating medical terminology into Arabic. The platform is accessible 24/7 through its website and mobile applications, enhancing healthcare access and quality for users in the region.

Anghami

Series A in 2015
Founded in 2011, Anghami is a leading music streaming platform focused on the Middle East and North Africa. It offers a vast catalog of Arabic and international songs for streaming and offline download, featuring licensed content from major labels such as Rotana, EMI, Sony, Warner, and Universal. The company serves its customers through a mobile application and has strategic partnerships with notable regional entities like MBC Group.

Instabug

Seed Round in 2013
Instabug, Inc. is a mobile observability platform that assists developers in enhancing the quality and performance of their applications. Founded in 2012 and based in Giza, Egypt, Instabug offers advanced tools for crash and bug reporting, application performance monitoring, and user feedback collection. The platform supports over 4 billion devices worldwide and provides real-time contextual insights throughout the application lifecycle, enabling mobile teams to identify and resolve issues effectively. By delivering these capabilities, Instabug empowers developers and enterprises to optimize app performance and improve user experiences, ultimately contributing to sustained mobile growth.

Anghami

Series A in 2012
Founded in 2011, Anghami is a leading music streaming platform focused on the Middle East and North Africa. It offers a vast catalog of Arabic and international songs for streaming and offline download, featuring licensed content from major labels such as Rotana, EMI, Sony, Warner, and Universal. The company serves its customers through a mobile application and has strategic partnerships with notable regional entities like MBC Group.

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.

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 is a game development studio focused on creating culturally relevant multiplayer online role-playing games for the Middle East market. The company specializes in designing and producing mobile-based games that incorporate authentic Arabic content, drawing inspiration from historical themes and events, such as the Arab Conquests. With a strategic emphasis on the region's unique cultural context, Falafel Games has emerged as a leading developer in the MMO space, achieving significant sales of virtual items and maintaining a strong presence in the top grossing charts. The studio's commitment to delivering games tailored to the tastes and preferences of Middle Eastern players positions it to capture a substantial share of this underserved market.

TreasuryXpress

Venture Round in 2012
TreasuryXpress Inc. specializes in providing on-demand treasury management and cash forecasting solutions designed to enhance financial visibility and control for organizations of all sizes. Founded in 2007 and headquartered in Paris, with additional offices in New York, Dubai, and Beirut, the company offers a range of products including its TMS suite, C2Treasury, and C2Treasury Lite. These solutions facilitate critical functions such as cash management, liquidity management, payment management, and bank account management. TreasuryXpress also enables users to generate custom reports and provides various deployment options, including private cloud, single-tenant SaaS, multi-tenant SaaS, and on-premise models, ensuring flexibility to meet different business needs. Through its TreasuryXpress Store, the company offers Forecast+ for cash forecasting and Payment+ API for enhanced bank formatting, catering to a diverse clientele that includes banks, treasury houses, small and medium-sized businesses, and large enterprises. TreasuryXpress operates as a subsidiary of Box & Automation Solutions.
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