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 in the Middle East Region with a focus on the GCC and Levant countries. With offices in Beirut, Dubai, Bahrain and Riyadh and more than USD 260 million in Assets Under Management, MEVP is the largest and most established VC firm in this region, with clear cross border investment appetite.

Ali Almajthoob

Associate Director

Naldo Bejjani

Investment Analyst

Jad El Boustani

Executive Director

Walid Hanna

CEO

Rawad Khalife

Executive Director

Walid Mansour

Venture Partner

Gaelle Yammine

Associate

Past deals in North Africa

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.

MNT-Halan

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

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.

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.

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.

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

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.

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.

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.

Instabug

Seed Round in 2013
Instabug is a computer software company that specializes in providing tools for mobile app developers to enhance application quality and performance. Founded in 2012 and headquartered in Giza, Egypt, with operations in California, the company offers a platform that includes crash reporting, application performance monitoring, user surveys, and real-time contextual insights. These features enable developers to identify bugs and errors throughout the application's life cycle, facilitating a more efficient testing process. By leveraging crowdsourced feedback, Instabug helps developers pinpoint the exact conditions that lead to functionality issues, ultimately improving the overall user experience.

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.

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

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.