VentureSouq

VentureSouq is a venture capital firm established in 2013 and headquartered in Dubai, United Arab Emirates. The firm specializes in managing thematic funds with a focus on early-stage technology companies. Its investment strategy encompasses various sectors, including FinTech, ClimateTech, agriculture tech, environmental tech, food tech, enterprise software, health tech, and digital media. With a global portfolio, VentureSouq aims to support innovative startups in the MENA region and beyond.

Maan Eshgi

General Partner

Sonia Gokhale

Partner

Suneel Gokhale

Co-Founder and General Partner

Tammer Qaddumi

Co-Founder and General Partner

Sonia Weymuller

Founding Partner

Past deals in Dubai

Huspy

Series A in 2022
Huspy is a proptech company founded in 2020 and based in Dubai, UAE, that aims to simplify the home financing process. It offers an online mortgage service platform designed to enhance the home-buying experience by making it user-friendly and efficient. Huspy addresses the complexities of securing a mortgage by allowing home buyers to obtain home loans through its web and mobile application, eliminating the need for traditional paperwork. By reimagining the home buying process, Huspy seeks to make obtaining a mortgage a celebratory experience for buyers, ultimately facilitating a more accessible and cost-effective approach to home ownership.

Huspy

Convertible Note in 2021
Huspy is a proptech company founded in 2020 and based in Dubai, UAE, that aims to simplify the home financing process. It offers an online mortgage service platform designed to enhance the home-buying experience by making it user-friendly and efficient. Huspy addresses the complexities of securing a mortgage by allowing home buyers to obtain home loans through its web and mobile application, eliminating the need for traditional paperwork. By reimagining the home buying process, Huspy seeks to make obtaining a mortgage a celebratory experience for buyers, ultimately facilitating a more accessible and cost-effective approach to home ownership.

Mamo

Seed Round in 2020
Mamo is a fintech startup based in Dubai, UAE, specializing in payment and financial solutions for small and medium-sized enterprises (SMEs). It is the first fintech company licensed by the Dubai Financial Services Authority to provide money services, enabling it to offer a diverse range of financial services. Mamo's flagship product, Mamo Business, serves as an alternative to traditional business banking, functioning as a financial operating system tailored to the needs of SMEs. The platform incorporates essential components such as payments, spend management, and analytics, facilitating efficient financial operations. Mamo's application allows businesses to accept payments in multiple currencies, issue virtual cards, manage expenses, and integrate with e-commerce platforms. Its customer base includes a variety of sectors, including B2B service providers, tourism, healthcare, wellness, and retail, helping to streamline financial processes and enhance analysis of spending habits.

Tenderd

Seed Round in 2019
Tenderd LLC operates an on-demand marketplace for renting heavy equipment, including bulldozers and cranes, primarily serving construction and engineering companies in the Middle East and North Africa. Based in Dubai, the company connects equipment owners with contractors to facilitate rentals. Additionally, Tenderd offers an AI-driven platform that enhances fleet operations by transforming equipment data into actionable insights. This platform enables clients to monitor operations, optimize equipment use, manage fuel consumption, plan routes, and schedule maintenance, all while measuring carbon emissions. By integrating AI and analytics, Tenderd aims to improve decision-making, reduce operational costs, enhance safety, and promote environmentally sustainable practices within the industry.
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