Algebra Ventures

Algebra Ventures is a Cairo-based venture capital firm founded in the mid-2010s that invests in technology startups across Egypt and the broader MENA region. It concentrates on early to growth-stage opportunities, with a focus on Series A and Series B rounds, and seeks to back high-growth, technology-enabled companies in sectors such as fintech, consumer internet, e-commerce and marketplaces, enterprise software, and other digital services. The firm typically targets minority stakes, roughly in the 15% to 30% range, and partners with capable management teams to accelerate scale. Its geographic emphasis includes Egypt and neighboring markets in the Middle East and North Africa, including Jordan, Lebanon, UAE, Tunisia, and Morocco, with an aim to support ventures transforming large markets through innovative value propositions.

Khaled Ashraf

Associate

Laila Hassan

General Partner

Karim Hussein

Managing Partner

Omar Khashaba

General Partner

Ziad Mokhtar

Managing Partner

Farah Osman

Associate

Past deals in Wyoming

DXwand

Series A in 2024
DXwand is an AI-driven cognitive CRM and contact-center platform that automates customer engagements across social channels, messaging apps, and websites. Using artificial intelligence and machine learning, it responds to customer conversations, converts chats into insights and dashboards, and supports data-driven growth decisions. The platform enables users to build, host, and manage sales and chat bots that can handle product sales, order tracking, and proactive messaging 24/7 across channels such as Facebook Messenger, WhatsApp, Email, SMS, and websites. By turning conversations into leads and sales orders, it helps enterprises scale customer interactions while surfacing actionable business insights. Founded in 2018 and headquartered in Cheyenne, Wyoming, DXwand targets enterprise customers seeking to automate and optimize online relationships and revenue through AI-powered conversational commerce.
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