Oraseya Capital

Oraseya Capital is a venture capital firm based in Dubai, United Arab Emirates, and serves as the venture arm of the Dubai Integrated Economic Zones Authority. The firm focuses on investing exclusively in UAE-based startups, targeting sectors such as fintech, edtech, digital health, logistics, future of work, impact investing, artificial intelligence and machine learning, consumer products and services, and e-commerce. By concentrating on these areas, Oraseya Capital aims to support the growth and development of innovative companies within the region's economic landscape.

Julien Plouzeau

Senior Partner

Hassan Alfarsi

Partner

Past deals in United Arab Emirates

paymennt.com

Seed Round in 2019
Paymennt is a mobile-first payments platform that facilitates online and in-person transactions, as well as payments through links. It primarily serves micro and small businesses, emphasizing simplicity and efficiency in its payment solutions. Originally founded as PointCheckout Holding Company Ltd in 2017, the company is headquartered in Dubai, United Arab Emirates, with an additional office in Amman, Jordan. It specializes in providing an online payment gateway that allows users to redeem and spend loyalty points and miles.

Letswork

Seed Round in 2019
Letswork is a marketplace and membership platform that provides users with access to a wide range of on-demand workspaces, including private offices and meeting rooms. As the largest network of co-working spaces in the UAE, it offers affordable and flexible working environments suitable for various needs. The platform allows small-scale businesses to utilize a diverse array of partner locations, such as cafes, hotels, and shared spaces, through a single membership. Users can also book private offices and meeting rooms on an ad-hoc basis, enabling them to find work-friendly environments that suit their requirements.

Wellx

Headquartered in the DIFC Innovation Hub, Dubai, UAE, Wellx is the Middle East’s first wellness-backed InsureTech. Founded by Vaibhav Kashyap and Javed Akberali, Wellx aims to disrupt the insurance landscape in the region by offering individuals, families, corporates and SMEs health insurance that incentivize engagement in various wellness activities such as gym visits, healthy eating, focusing on mental wellness, utilising wearable tech, and much more. The company also uses cutting-edge data analytics tools to hyper personalize the wellness experience. Wellx is a digital-first brand, users can complete their insurance journeys online.
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