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

Jad El Boustani

Managing Director

Fahed Qteishat

Associate Director

Ankit Sarwahi

Associate Director

Gaelle Yammine

Associate Director

Past deals in Riyadh

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.

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.

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

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.

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.

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.

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
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