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.
Emirates Financial Towers, North Tower, Office 703, DIFC, Dubai PO Box: 23025, AE
Sarrah AlJuaid
Managing Director
Ali Almajthoob
Associate Director
Jad El Boustani
Managing Director
Walid Hanna
Founder and CEO
Riyad Abou Jaoudeh
Managing Director
Ihsan Jawad
Venture Partner
Fahed Qteishat
Associate Director
Ankit Sarwahi
Associate Director
Gaelle Yammine
Associate Director
95 past transactions
Invygo
Series A in 2024
Invygo is the first and largest car subscription service in the MENA region, offering consumers an all-inclusive monthly subscription model through a user-friendly mobile app. Founded in 2018 in Dubai by Eslam Hussein and Pulkit Ganjoo, Invygo enables users to access passenger vehicles without the financial burdens associated with traditional car ownership. The platform allows for customizable month-to-month subscriptions, providing flexibility for users to return or upgrade their vehicles without penalties. Additionally, Invygo supports car dealers by offering a new business model that helps them generate revenue while minimizing depreciation and operational costs. Overall, Invygo aims to create accessible mobility options with a hassle-free experience for both consumers and dealers.
Mealplanet
Seed Round in 2024
Mealplanet offers an online marketplace platform that simplifies the process of ordering meal plans from various providers. The platform caters to diverse needs, including fitness goals, dietary restrictions, and busy lifestyles. Users can manage their meal plans directly through the application, ensuring convenience and customization. Mealplanet connects consumers with a wide range of meal brands, providing a comprehensive solution for meal planning and delivery.
Stake
Series A in 2024
Stake is a digital real estate investment platform providing the easiest and most transparent way to invest in income-generating properties, starting in Dubai. Its mission is to make investing in real estate accessible and profitable for all.
Keyper
Seed Round in 2024
Keyper is a digital real estate investment management solution platform that offers automation of daily tasks, monitoring of real estate portfolios, and access to data-driven insights for investors and property owners.
Clinicy
Series A in 2024
Clinicy offers a cloud-based healthcare relationship management (HCRM) platform designed to assist medical institutions and patients in managing daily operations and appointments efficiently. By integrating with electronic health records and core systems, Clinicy's platform streamlines processes and enhances patient engagement. It provides automated solutions that enable healthcare providers to offer proactive appointment scheduling and maintain organized healthcare records. This approach not only improves the registration and scheduling experience for patients but also aims to boost revenue for medical professionals by addressing the complex challenges faced in the healthcare sector.
Fundbot
Seed Round in 2023
Fundbot is a financial platform designed to assist lenders in digitizing various financial services, including invoice and supply chain financing. It serves as a cash flow optimization tool and a marketplace tailored for small and medium-sized enterprises (SMEs). By synchronizing invoices with the accounting system, Fundbot enables real-time analysis of payables and receivables through a digital CFO feature. This platform not only streamlines corporate lending and payments between banks, buyers, and sellers but also provides financial recommendations based on the specific needs of businesses. By facilitating data-driven decision-making, Fundbot helps companies manage and optimize their relationships with customers while minimizing manual efforts.
Keyper
Seed Round in 2023
Keyper is a digital real estate investment management solution platform that offers automation of daily tasks, monitoring of real estate portfolios, and access to data-driven insights for investors and property owners.
Zest Technologies DIFC
Seed Round in 2023
Zest regularizes access to secondary investing for later-stage venture-backed companies.
Pule E-commerce
Series C in 2023
Pule E-commerce is a cross-border E-commerce platform. Its purpose is to develop a business model that combines online platforms & offline organizations and can be advantageous to businesses.
Yodawy
Series B in 2023
Yodawy Inc. is an online pharmacy and insurtech startup based in Giza, Egypt, founded in 2018. The company offers a mobile app that allows customers to browse and order pharmaceuticals and personal care products, with delivery facilitated through a network of over 500 pharmacies across the country. Yodawy's platform features an artificial intelligence-powered approval engine that streamlines the medicine ordering process, automatically applying insurance and copayment benefits from four major insurance carriers, with plans to onboard additional providers. Additionally, Yodawy provides a digital prescription app and a pharmacy portal, enhancing the overall experience for patients seeking convenient access to medications and healthcare products.
Invygo
Series A in 2022
Invygo is the first and largest car subscription service in the MENA region, offering consumers an all-inclusive monthly subscription model through a user-friendly mobile app. Founded in 2018 in Dubai by Eslam Hussein and Pulkit Ganjoo, Invygo enables users to access passenger vehicles without the financial burdens associated with traditional car ownership. The platform allows for customizable month-to-month subscriptions, providing flexibility for users to return or upgrade their vehicles without penalties. Additionally, Invygo supports car dealers by offering a new business model that helps them generate revenue while minimizing depreciation and operational costs. Overall, Invygo aims to create accessible mobility options with a hassle-free experience for both consumers and dealers.
Money Fellows
Series B in 2022
Money Fellows is a collaborative lending and savings platform designed to help individuals access interest-free credit and achieve better savings outcomes. The platform allows users to form circles with friends and family, enabling them to pool their resources into a common fund. Participants can contribute to this fund and take turns withdrawing the total amount, facilitating a supportive financial network. By leveraging social connections, Money Fellows provides a unique approach to saving and borrowing, promoting financial collaboration among users.
eat
Series B in 2022
Eat App is an industry-leading restaurant reservation and table management platform. Eat App provides cloud-based applications to restaurants for increasing efficiency and revenue through real-time restaurant reservations, automation and guest data management and CRM. Eat App is known for helping restaurants save hundreds of hours every month though host stand optimization and automation, as well as understand their customers through data allowing them to increase loyalty. Eat App counts industry leaders like The Four Season's, The Ritz-Carlton, The Maine Group, Food Fund International and Orange Hospitality as customers. Eat App has raised USD $7.2M to date, including investments from renowned Silicon Valley VC 500 Startups and MEVP, making it one of Forbes 50 Most-Funded Startups In The Middle East.
The Cloud
Series A in 2022
The Cloud is a business-to-business-to-consumer web platform that enables kitchens to utilize their excess capacity by hosting third-party restaurants. It operates as a food ecosystem and innovation platform aimed at enhancing food delivery operations. By providing a centralized dashboard that integrates various food platforms, The Cloud allows clients to manage all their orders through a single workflow. This streamlined approach facilitates better planning, inventory management, and supply chain coordination, ultimately leading to more efficient kitchen operations.
Stake
Seed Round in 2022
Stake is a digital real estate investment platform providing the easiest and most transparent way to invest in income-generating properties, starting in Dubai. Its mission is to make investing in real estate accessible and profitable for all.
Bykea
Venture Round in 2022
Bykea is an app-based platform in Pakistan that offers ride-hailing and logistics services, primarily utilizing bikes as a mode of transport. This choice allows it to navigate congested urban areas more efficiently than traditional vehicles. The platform provides an array of services, including two-wheeler rides, food and grocery delivery, and payment solutions, all designed to address the challenges of transportation and logistics in the region. Bykea's application enables users to book rides easily, track the estimated arrival times of drivers, and locate them via GPS, ensuring a safe and reliable experience at an affordable price. Through its innovative approach, Bykea aims to improve the transportation landscape in Pakistan.
Lyve Global
Convertible Note in 2022
Lyve is a technology products and logistics company headquartered in Abu Dhabi. Through cloud-based platforms and logistics services, Lyve helps facilitate millions of orders every month across multiple industries and is now expanding its solutions to cover order generation, payments, and order management. We power the digital economy with our logistics and technology solutions. From big data to multi-vertical service agents, from instant activation to scalable capacity, what we do continues to go beyond what’s typically considered delivery.
Nana
Venture Round in 2022
Nana is an online grocery platform based in Saudi Arabia that specializes in delivering groceries and home essentials directly to consumers' doorsteps. The platform features a diverse selection of products, including groceries, fresh fruits and vegetables, cosmetics, electronics, bakery items, and flowers. By enabling consumers to shop digitally, Nana streamlines the grocery shopping experience and ensures that a wide variety of items can be conveniently purchased and delivered to their homes.
Rain
Series B in 2022
Rain is a regulated cryptocurrency exchange based in Manama, Bahrain, that was founded in 2017. It operates a digital currency trading platform specifically designed to facilitate secure and compliant transactions in the Middle East. The platform allows clients to buy, sell, and store digital currencies while adhering to regulatory standards. By functioning within a regulatory sandbox, Rain aims to provide a safe environment for digital transactions, enhancing trust and security for its users.
Verto
Series A in 2021
We power cross‑border payments for the world’s fastest‑growing startups and enterprises; with a specific focus on emerging markets. Send and receive instant payments globally through a single API or via our web platform.
MNT-Halan
Private Equity Round in 2021
MNT-Halan is a microfinance lending and payments company focused on providing financial services to both commercial and retail clients. The company aims to serve the unbanked population and facilitate the transition from cash to electronic payment methods. Its digital ecosystem encompasses a variety of offerings, including small and micro business lending, consumer finance, digital payment solutions such as mobile wallets and cards, and e-commerce services. By leveraging proprietary digital channels and physical networks, MNT-Halan enables clients to digitalize their banking services effectively.
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.
Sarwa
Series B in 2021
Sarwa Digital Wealth Limited is a privately owned investment advisory firm that simplifies the investment process through the use of advanced technology. The company has developed an automated investment management platform that aims to facilitate long-term financial growth for its clients. By combining established investment strategies with innovative technology, Sarwa reduces costs and enhances accessibility to investment opportunities. The platform also focuses on educating users about personal finance and investment, enabling them to make diversified investments and seek improved returns. Through its services, Sarwa seeks to empower individuals to make informed financial decisions and optimize their investment potential.
Basma
Series A in 2021
Basma is a direct-to-consumer healthcare brand founded in 2017 and based in Beirut, Lebanon. The company specializes in designing, manufacturing, and selling invisible aligners as an alternative to traditional braces, enabling individuals to straighten their teeth conveniently. Basma offers a digital healthcare network that provides affordable remote orthodontic treatments. Customers can utilize an at-home impression kit to take dental impressions, which are then used to create personalized invisible aligners based on professional recommendations. This approach allows for effective teeth alignment correction at accessible prices, helping clients achieve confident smiles without the need for in-person visits.
OTO
Seed Round in 2021
OTO is an All-in-one Shipping Management Software for Online Businesses & OmniChannel Brands to Ship, Manage, Track, Return & Analyze their online orders with 200+ Shipping Carriers from 1 consolidated dashboard. OTO's SaaS solution helps businesses to automate and streamline all their shipping operations through combined 6 systems including: Order Management System (OMS), Warehouse Management System (WMS), Last-Mile Management System (LMS), Drivers Management System (DMS), Returns Management System (RMS) & Customer Notification System (CNS). On the other hand, their Aggregator solution helps the the small and medium businesses (SMBs) selling online or offline to buy local and international shipping labels directly from OTO with no contracts needed with the shipping carriers with the best rates available in the market. OTO's solutions were designed to help their clients ship faster, cheaper and better, but saving them thousands of hours and millions in operational costs.
Rain
Venture Round in 2020
Rain is a regulated cryptocurrency exchange based in Manama, Bahrain, that was founded in 2017. It operates a digital currency trading platform specifically designed to facilitate secure and compliant transactions in the Middle East. The platform allows clients to buy, sell, and store digital currencies while adhering to regulatory standards. By functioning within a regulatory sandbox, Rain aims to provide a safe environment for digital transactions, enhancing trust and security for its users.
The Cloud
Seed Round in 2020
The Cloud is a business-to-business-to-consumer web platform that enables kitchens to utilize their excess capacity by hosting third-party restaurants. It operates as a food ecosystem and innovation platform aimed at enhancing food delivery operations. By providing a centralized dashboard that integrates various food platforms, The Cloud allows clients to manage all their orders through a single workflow. This streamlined approach facilitates better planning, inventory management, and supply chain coordination, ultimately leading to more efficient kitchen operations.
Bykea
Series B in 2020
Bykea is an app-based platform in Pakistan that offers ride-hailing and logistics services, primarily utilizing bikes as a mode of transport. This choice allows it to navigate congested urban areas more efficiently than traditional vehicles. The platform provides an array of services, including two-wheeler rides, food and grocery delivery, and payment solutions, all designed to address the challenges of transportation and logistics in the region. Bykea's application enables users to book rides easily, track the estimated arrival times of drivers, and locate them via GPS, ensuring a safe and reliable experience at an affordable price. Through its innovative approach, Bykea aims to improve the transportation landscape in Pakistan.
Lyve Global
Series B in 2020
Lyve is a technology products and logistics company headquartered in Abu Dhabi. Through cloud-based platforms and logistics services, Lyve helps facilitate millions of orders every month across multiple industries and is now expanding its solutions to cover order generation, payments, and order management. We power the digital economy with our logistics and technology solutions. From big data to multi-vertical service agents, from instant activation to scalable capacity, what we do continues to go beyond what’s typically considered delivery.
Nana
Series B in 2020
Nana is an online grocery platform based in Saudi Arabia that specializes in delivering groceries and home essentials directly to consumers' doorsteps. The platform features a diverse selection of products, including groceries, fresh fruits and vegetables, cosmetics, electronics, bakery items, and flowers. By enabling consumers to shop digitally, Nana streamlines the grocery shopping experience and ensures that a wide variety of items can be conveniently purchased and delivered to their homes.
Rise
Venture Round in 2020
Rise is a wealth management platform designed specifically for migrants, aiming to enhance their financial well-being and overall quality of life. The company focuses on empowering users by providing tools that go beyond traditional financial management, emphasizing the importance of knowledge and personal growth. Rise helps migrants navigate their financial challenges, learn new skills, and create opportunities for a better future. By addressing the unique needs of this community, Rise seeks to improve lives and facilitate the journey toward financial stability.
eat
Series B in 2020
Eat App is an industry-leading restaurant reservation and table management platform. Eat App provides cloud-based applications to restaurants for increasing efficiency and revenue through real-time restaurant reservations, automation and guest data management and CRM. Eat App is known for helping restaurants save hundreds of hours every month though host stand optimization and automation, as well as understand their customers through data allowing them to increase loyalty. Eat App counts industry leaders like The Four Season's, The Ritz-Carlton, The Maine Group, Food Fund International and Orange Hospitality as customers. Eat App has raised USD $7.2M to date, including investments from renowned Silicon Valley VC 500 Startups and MEVP, making it one of Forbes 50 Most-Funded Startups In The Middle East.
Sarwa
Series A in 2020
Sarwa Digital Wealth Limited is a privately owned investment advisory firm that simplifies the investment process through the use of advanced technology. The company has developed an automated investment management platform that aims to facilitate long-term financial growth for its clients. By combining established investment strategies with innovative technology, Sarwa reduces costs and enhances accessibility to investment opportunities. The platform also focuses on educating users about personal finance and investment, enabling them to make diversified investments and seek improved returns. Through its services, Sarwa seeks to empower individuals to make informed financial decisions and optimize their investment potential.
HyperPay
Series B in 2019
HyperPay is a fintech company that specializes in providing payment gateway solutions and services tailored for e-commerce and merchants. The company offers a comprehensive suite of integrated payment solutions designed to facilitate the transition to a cashless society while promoting business growth. Its platform enables businesses to accept and manage online payments securely and efficiently. In addition to core payment processing, HyperPay provides a variety of supplementary services, including risk and fraud management, monitoring systems, installment solutions, and invoicing systems, thereby enhancing the overall payment experience for merchants and their customers.
Volt Lines
Series A in 2019
Volt Lines is a transportation service provider based in Istanbul, Turkey, established in 2017. It operates an online platform that offers subscription-based micro-transit services, allowing corporate clients to provide their employees with an alternative to public transportation and ride-hailing. Users can book seats on intelligently routed shared mini-buses for their daily commutes, enhancing efficiency by minimizing walking distances and optimizing routes. The service aims to reduce the workload for employers, passengers, and drivers alike, making commuting more convenient and streamlined. In addition to its web platform, Volt Lines also offers a mobile application for user convenience.
TruKKer
Series A in 2019
TruKKer is a technology-enabled truck aggregator founded in 2016 and based in Abu Dhabi, UAE. The company operates a logistics and fleet management platform that simplifies road freight and logistics operations by connecting shippers with available trucks in real-time. This integration of supply and demand enhances asset utilization, reduces transportation costs, and provides reliable cross-border services. TruKKer's cloud-based freight solutions offer comprehensive coverage and a full-service portfolio for shippers, carriers, and businesses, leveraging real-time data analytics to ensure transparency and efficiency. The company’s rapid growth has opened up opportunities for data monetization and consolidated procurement, further solidifying its position in the logistics market.
Bykea
Series A in 2019
Bykea is an app-based platform in Pakistan that offers ride-hailing and logistics services, primarily utilizing bikes as a mode of transport. This choice allows it to navigate congested urban areas more efficiently than traditional vehicles. The platform provides an array of services, including two-wheeler rides, food and grocery delivery, and payment solutions, all designed to address the challenges of transportation and logistics in the region. Bykea's application enables users to book rides easily, track the estimated arrival times of drivers, and locate them via GPS, ensuring a safe and reliable experience at an affordable price. Through its innovative approach, Bykea aims to improve the transportation landscape in Pakistan.
Nana
Series A in 2019
Nana is an online grocery platform based in Saudi Arabia that specializes in delivering groceries and home essentials directly to consumers' doorsteps. The platform features a diverse selection of products, including groceries, fresh fruits and vegetables, cosmetics, electronics, bakery items, and flowers. By enabling consumers to shop digitally, Nana streamlines the grocery shopping experience and ensures that a wide variety of items can be conveniently purchased and delivered to their homes.
Wasoko
Seed Round in 2019
Wasoko is an e-commerce platform designed to connect small shops with the digital economy across Africa. By facilitating access to essential goods and services, it enhances sales and market reach for companies in emerging markets. The platform allows informal retailers to conveniently order products anytime through SMS or a mobile app, ensuring free same-day delivery to their stores. This service simplifies the sourcing process for shopkeepers while helping manufacturers maintain consistent product availability for consumers. Overall, Wasoko plays a significant role in fostering trade and economic growth in the region.
Fadel
Series B in 2019
FADEL is a developer of cloud-based rights and royalty management software, serving a diverse range of industries including media, entertainment, publishing, fashion, beauty, high-tech, and advertising. The company specializes in brand compliance solutions and has established itself as a leader in the field, recognized for its scalable and configurable technology. FADEL’s software solutions play a crucial role in capturing, measuring, and monetizing substantial retail sales and usage data, facilitating both inbound and outbound royalty payments for its clients. The company generates revenue through subscription and support services, as well as professional services. FADEL's IPM Suite has garnered multiple awards, underscoring its reputation for innovation and excellence in rights management.
Toters
Series A in 2018
Toters is a delivery service that connects customers with local retailers through its marketplace platform. The company offers a user-friendly application that allows customers to order food, groceries, and various products from neighborhood stores, facilitating a seamless shopping experience. Toters also operates dark grocery stores under the brand name Toters Fresh, enhancing its service offerings. The company has established a strong presence in its markets and maintains a leadership position across multiple verticals. Through a network of couriers, Toters ensures efficient delivery from any store within the city, allowing users to track their orders in real-time.
Volt Lines
Seed Round in 2018
Volt Lines is a transportation service provider based in Istanbul, Turkey, established in 2017. It operates an online platform that offers subscription-based micro-transit services, allowing corporate clients to provide their employees with an alternative to public transportation and ride-hailing. Users can book seats on intelligently routed shared mini-buses for their daily commutes, enhancing efficiency by minimizing walking distances and optimizing routes. The service aims to reduce the workload for employers, passengers, and drivers alike, making commuting more convenient and streamlined. In addition to its web platform, Volt Lines also offers a mobile application for user convenience.
Sarwa
Seed Round in 2018
Sarwa Digital Wealth Limited is a privately owned investment advisory firm that simplifies the investment process through the use of advanced technology. The company has developed an automated investment management platform that aims to facilitate long-term financial growth for its clients. By combining established investment strategies with innovative technology, Sarwa reduces costs and enhances accessibility to investment opportunities. The platform also focuses on educating users about personal finance and investment, enabling them to make diversified investments and seek improved returns. Through its services, Sarwa seeks to empower individuals to make informed financial decisions and optimize their investment potential.
The Luxury Closet
Series C in 2018
The Luxury Closet is a fast growing online market platform that buys, sells, and consigns luxury items, mostly pre-owned, at a discounted price maintaining brand and item integrity and the assurance of authenticity. The Luxury Closet is the first of its kind in the GCC region in terms of size, market reach and scalability. It has achieved massive traction in a short period of time, and double digit monthly growth.
Lamsa
Series A in 2018
Lamsa Kids World is a state of the art digital service tailored for children availing a world of creativity and imagination! Delivering entertainment and fun, along with allowing for an interactive, perceptive, and exciting learning experience, Lamsa offers value to: Toddlers (ages 1-3 years) Preschoolers (ages 4-6 years) School-aged children (ages 6-8 years) This value is delivered via a wide array of content varying in context and type and includes interactive stories, games, art, rhymes, and learning.
Neotic
Seed Round in 2018
Neotic introduced the use of AI for assisting investors in decision making. The technology behind it is based on machine learning algorithms for price patterns recognition, corporate fundamentals and financial news analysis.
Volt Lines
Seed Round in 2018
Volt Lines is a transportation service provider based in Istanbul, Turkey, established in 2017. It operates an online platform that offers subscription-based micro-transit services, allowing corporate clients to provide their employees with an alternative to public transportation and ride-hailing. Users can book seats on intelligently routed shared mini-buses for their daily commutes, enhancing efficiency by minimizing walking distances and optimizing routes. The service aims to reduce the workload for employers, passengers, and drivers alike, making commuting more convenient and streamlined. In addition to its web platform, Volt Lines also offers a mobile application for user convenience.
MAGNiTT
Seed Round in 2018
Magnitt, Inc. is a Dubai-based platform founded in 2014 that connects investors, mentors, and startups in the Middle East and North Africa (MENA) region. It operates a comprehensive database featuring over 5,500 startups and more than 200 investors, facilitating networking and collaboration among various stakeholders in the entrepreneurial ecosystem. The platform provides valuable investment-related information and analytical insights, assisting startups in securing funding and talent while enabling investors and corporates to make informed decisions. Magnitt serves as a vital resource for emerging companies and investors looking to engage in the MENA market.
Moodfit
Seed Round in 2018
Moodfit is an innovative online interior design platform serving the MENA region, providing a seamless home furnishing and decoration service. It connects customers with professional interior designers who offer budget-friendly solutions tailored to individual styles and furniture budgets. The platform streamlines the design process by preparing a comprehensive furniture list that includes pricing for all items, and it also facilitates the purchase and delivery of these products directly to the customer's home. By matching users with the right interior designer, Moodfit enables a hassle-free experience for those looking to enhance their living spaces.
Lyve Global
Series A in 2018
Lyve is a technology products and logistics company headquartered in Abu Dhabi. Through cloud-based platforms and logistics services, Lyve helps facilitate millions of orders every month across multiple industries and is now expanding its solutions to cover order generation, payments, and order management. We power the digital economy with our logistics and technology solutions. From big data to multi-vertical service agents, from instant activation to scalable capacity, what we do continues to go beyond what’s typically considered delivery.
TreasuryXpress
Series B in 2017
TreasuryXpress Inc. offers on-demand treasury management and cash forecasting solutions designed to enhance financial operations for organizations of all sizes. Their product suite includes TMS, C2Treasury, and C2Treasury Lite, which provide capabilities in treasury operations, cash management, liquidity management, and custom reporting. The company supports various deployment options, including direct-to-private cloud, single-tenant SaaS, multi-tenant SaaS, and on-premise solutions, allowing clients to choose the best fit for their IT policies and operational needs. Additionally, TreasuryXpress operates the TreasuryXpress Store, which features Forecast+ for cash forecasting and Payment+ API for payment formatting. Serving a diverse clientele, including banks, treasury houses, small and medium-sized businesses, and large enterprises, TreasuryXpress was incorporated in 2015 and is headquartered in New York, with additional offices in Dubai, Paris, and Beirut. It operates as a subsidiary of Box & Automation Solutions.
Altibbi
Series B in 2017
Altibbi is a digital health platform that offers tools and information to provide access to health advice 24/7 anywhere through its website and apps.
Modacruz
Series B in 2017
Modacruz is a mobile social marketplace based in Istanbul that caters to over 1 million women in Turkey, enabling them to buy and sell pre-owned brand name fashion items. Launched in 2014, the platform allows users to register and access a diverse range of luxury fashion apparel and accessories at reasonable prices. By facilitating the buying and selling of used luxury items, Modacruz provides an accessible and sustainable option for fashion-conscious consumers looking to refresh their wardrobes while promoting a circular economy.
Wego
Series E in 2017
Wego operates a travel search platform that allows users in the MENA and India regions to find affordable flights, hotels, and travel deals. The platform utilizes straightforward technology to automate the search and comparison process across numerous airlines, hotels, and online travel agencies. By providing an unbiased comparison of travel products and prices from both local and global merchants, Wego enables users to efficiently identify the best deals and booking options. The company is dual-headquartered in Singapore and Dubai and has garnered support from various investors, enhancing its position in the travel technology market.
Fresha
Venture Round in 2017
Fresha is an online booking and management platform tailored for beauty, wellness, and fitness businesses. It facilitates appointment scheduling, client management, and payment processing, allowing customers to discover, book, and pay for services at local establishments. The platform streamlines online appointment bookings, card payment processing, and customer record management. Additionally, it offers automation features for marketing, staffing, product inventory, and accounting, enabling partner businesses to enhance their revenue potential through user-friendly mobile applications. By integrating these services, Fresha supports both clients and service providers in efficiently managing their appointments and operations.
scriptr.io
Series A in 2017
Scriptr is a cloud service that simplifies the connection of Internet-of-Things devices to the internet through business logic and web services based on a browser-based IDE. It allows developers and builders to create custom APIs with the simplicity of JavaScript and the scalability of the cloud while removing server and application stack management tasks.
ElementN
Series A in 2017
ElementN, Inc. is a technology company that specializes in designing and delivering web-based applications and solutions for enterprise customers primarily in North America and the MENA region. Its offerings include Telco Self-Care, a web-based account management system for various subscriber types, and CC-Connect, a suite of applications addressing operational gaps in telecom support. Additionally, ElementN provides mForms, a SaaS solution for large-scale mobile data collection, and intranet solutions that feature user directories and surveys. The company also employs its PortalElements methodology for the development of enterprise portals and offers consulting services in web portal development, custom application development, and user experience design. Founded in 2002 and based in New York, ElementN serves clients across multiple sectors, including telecom, banking, real estate, and software.
Anghami
Series B in 2016
Anghami is a music streaming application founded in 2011 and headquartered in Jounieh, Lebanon. It provides users in the Middle East and North Africa with access to a vast catalog of Arabic and international music, allowing for both streaming and offline downloads. The platform features licensed content from major Arabic music labels, including Rotana, Melody, and Platinum Records, as well as international labels such as Universal, Sony, and Warner. Anghami aims to cater specifically to the musical tastes of its regional audience, and it has established a strategic partnership with MBC Group to enhance its offerings. As the largest digital music venture in the region, Anghami continues to expand its catalog by licensing new content from various artists and distributors.
Matic
Seed Round in 2016
Matic, LLC operates an online platform that connects customers with cleaning professionals in Dubai, Abu Dhabi, Doha, and Riyadh. Founded in 2015 and based in Dubai, the company provides a mobile application and website for users to easily book home cleaning and housekeeping services. Matic boasts a large network of cleaning service providers, ensuring that customers can quickly find and hire highly trained cleaning personnel for their homes. The service focuses on convenience, allowing users to schedule cleaning sessions with a simple tap, making the process efficient and hassle-free.
Falafel Games
Series A in 2016
Falafel Games is a game development studio focused on creating culturally relevant multiplayer online role-playing games (MMOs) specifically for the Middle Eastern market. The company has achieved significant success, leading in the sale of virtual items for web browsers and consistently placing all of its games in the top 100 grossing charts for the region. Falafel Games specializes in mobile-based games that incorporate authentic Arabic content, drawing inspiration from historical themes such as the Arab Conquests. By blending strategy elements with semi-realistic styles, the studio provides engaging web-based action strategy RPGs that resonate with local players, positioning itself to effectively serve the underserved Middle Eastern gaming market.
eat
Series A in 2016
Eat App is an industry-leading restaurant reservation and table management platform. Eat App provides cloud-based applications to restaurants for increasing efficiency and revenue through real-time restaurant reservations, automation and guest data management and CRM. Eat App is known for helping restaurants save hundreds of hours every month though host stand optimization and automation, as well as understand their customers through data allowing them to increase loyalty. Eat App counts industry leaders like The Four Season's, The Ritz-Carlton, The Maine Group, Food Fund International and Orange Hospitality as customers. Eat App has raised USD $7.2M to date, including investments from renowned Silicon Valley VC 500 Startups and MEVP, making it one of Forbes 50 Most-Funded Startups In The Middle East.
Fresha
Seed Round in 2016
Fresha is an online booking and management platform tailored for beauty, wellness, and fitness businesses. It facilitates appointment scheduling, client management, and payment processing, allowing customers to discover, book, and pay for services at local establishments. The platform streamlines online appointment bookings, card payment processing, and customer record management. Additionally, it offers automation features for marketing, staffing, product inventory, and accounting, enabling partner businesses to enhance their revenue potential through user-friendly mobile applications. By integrating these services, Fresha supports both clients and service providers in efficiently managing their appointments and operations.
Klangoo
Venture Round in 2016
Klangoo Inc. is a company that specializes in content management solutions, leveraging its patented Natural Language Processing (NLP) technology. Founded in 2014 and based in New Jersey, Klangoo offers a suite of products, including the Magnet Audience Engagement Solution designed for publishers, a Brand Safety API for advertising operations, and a self-service NLP API for consumers. These products provide features such as personalized recommendations, automated summaries, meta tags, and entity pages. Additionally, Klangoo delivers semantically-driven reports and integrated widget solutions, facilitating in-depth analysis of audience interests and enhancing content generation for various domains.
Eventtus
Venture Round in 2016
Eventtus is an event engagement platform that simplifies the event management process for organizers and enhances the experience for attendees. Organizers can quickly input event details, create dedicated web pages, sell tickets, and develop customized mobile apps that feature event agendas, speaker bios, and live announcements. The platform fosters attendee interaction by allowing users to engage with sessions, participate in real-time polls, and network with other participants. Through its comprehensive tools, Eventtus enables organizers to monitor audience engagement, facilitate Q&As, and gather feedback via quick surveys, thereby improving event planning and outcomes. For attendees, the app serves as a central hub for all event-related information, enhancing connectivity and interaction throughout the event.
scriptr.io
Venture Round in 2016
Scriptr is a cloud service that simplifies the connection of Internet-of-Things devices to the internet through business logic and web services based on a browser-based IDE. It allows developers and builders to create custom APIs with the simplicity of JavaScript and the scalability of the cloud while removing server and application stack management tasks.
Vbout.com
Seed Round in 2016
Vbout is multi-channel marketing automation technology that helps businesses collect leads and convert them into loyal customers. The software saves time and increases efficiency by combining several essential marketing tools into one powerful platform. Features include social media management, a landing page builder, email marketing tools, a customer journey builder and in-depth user profiling. Vbout’s platform also includes built-in reporting and analytics to optimize campaigns and track all engagement with your leads.
Lyve Global
Seed Round in 2016
Lyve is a technology products and logistics company headquartered in Abu Dhabi. Through cloud-based platforms and logistics services, Lyve helps facilitate millions of orders every month across multiple industries and is now expanding its solutions to cover order generation, payments, and order management. We power the digital economy with our logistics and technology solutions. From big data to multi-vertical service agents, from instant activation to scalable capacity, what we do continues to go beyond what’s typically considered delivery.
Mobinets
Series B in 2015
Mobinets is a rapidly growing Lebanese company that specializes in software solutions for mobile network operators in the MENA region. Its primary offering, the Network Engineering Platform (NEP), is utilized by over 20 prominent telecommunications operators to enhance network design, optimize costs, and facilitate maintenance. The platform provides operating system services that automate and streamline telecom network operations, improving workflow functionality and accelerating inter-departmental processes. By enhancing execution speed and accuracy, Mobinets enables telecom operators to achieve significant transformation benefits efficiently.
Altibbi
Seed Round in 2015
Altibbi is a digital health platform that offers tools and information to provide access to health advice 24/7 anywhere through its website and apps.
Anghami
Series A in 2015
Anghami is a music streaming application founded in 2011 and headquartered in Jounieh, Lebanon. It provides users in the Middle East and North Africa with access to a vast catalog of Arabic and international music, allowing for both streaming and offline downloads. The platform features licensed content from major Arabic music labels, including Rotana, Melody, and Platinum Records, as well as international labels such as Universal, Sony, and Warner. Anghami aims to cater specifically to the musical tastes of its regional audience, and it has established a strategic partnership with MBC Group to enhance its offerings. As the largest digital music venture in the region, Anghami continues to expand its catalog by licensing new content from various artists and distributors.
The Luxury Closet
Series A in 2015
The Luxury Closet is a fast growing online market platform that buys, sells, and consigns luxury items, mostly pre-owned, at a discounted price maintaining brand and item integrity and the assurance of authenticity. The Luxury Closet is the first of its kind in the GCC region in terms of size, market reach and scalability. It has achieved massive traction in a short period of time, and double digit monthly growth.
scriptr.io
Seed Round in 2015
Scriptr is a cloud service that simplifies the connection of Internet-of-Things devices to the internet through business logic and web services based on a browser-based IDE. It allows developers and builders to create custom APIs with the simplicity of JavaScript and the scalability of the cloud while removing server and application stack management tasks.
Klangoo
Seed Round in 2014
Klangoo Inc. is a company that specializes in content management solutions, leveraging its patented Natural Language Processing (NLP) technology. Founded in 2014 and based in New Jersey, Klangoo offers a suite of products, including the Magnet Audience Engagement Solution designed for publishers, a Brand Safety API for advertising operations, and a self-service NLP API for consumers. These products provide features such as personalized recommendations, automated summaries, meta tags, and entity pages. Additionally, Klangoo delivers semantically-driven reports and integrated widget solutions, facilitating in-depth analysis of audience interests and enhancing content generation for various domains.
Fadel
Series A in 2014
FADEL is a developer of cloud-based rights and royalty management software, serving a diverse range of industries including media, entertainment, publishing, fashion, beauty, high-tech, and advertising. The company specializes in brand compliance solutions and has established itself as a leader in the field, recognized for its scalable and configurable technology. FADEL’s software solutions play a crucial role in capturing, measuring, and monetizing substantial retail sales and usage data, facilitating both inbound and outbound royalty payments for its clients. The company generates revenue through subscription and support services, as well as professional services. FADEL's IPM Suite has garnered multiple awards, underscoring its reputation for innovation and excellence in rights management.
Lamsa
Venture Round in 2013
Lamsa Kids World is a state of the art digital service tailored for children availing a world of creativity and imagination! Delivering entertainment and fun, along with allowing for an interactive, perceptive, and exciting learning experience, Lamsa offers value to: Toddlers (ages 1-3 years) Preschoolers (ages 4-6 years) School-aged children (ages 6-8 years) This value is delivered via a wide array of content varying in context and type and includes interactive stories, games, art, rhymes, and learning.
Eventtus
Seed Round in 2013
Eventtus is an event engagement platform that simplifies the event management process for organizers and enhances the experience for attendees. Organizers can quickly input event details, create dedicated web pages, sell tickets, and develop customized mobile apps that feature event agendas, speaker bios, and live announcements. The platform fosters attendee interaction by allowing users to engage with sessions, participate in real-time polls, and network with other participants. Through its comprehensive tools, Eventtus enables organizers to monitor audience engagement, facilitate Q&As, and gather feedback via quick surveys, thereby improving event planning and outcomes. For attendees, the app serves as a central hub for all event-related information, enhancing connectivity and interaction throughout the event.
Potential
Venture Round in 2013
Potential is a pioneer in educational technology that specializes in professional development through its customized e-learning platform. The company connects individuals, businesses, and ideas globally, fostering life-long learning across emerging markets. By offering onboarding and professional development services, Potential empowers organizations to enhance their employees' knowledge, insights, and skills. With a commitment to transforming both individuals and organizations, Potential has positively impacted hundreds of thousands of users across 31 countries, enabling them to perform at their best.
HyperPay
Venture Round in 2012
HyperPay is a fintech company that specializes in providing payment gateway solutions and services tailored for e-commerce and merchants. The company offers a comprehensive suite of integrated payment solutions designed to facilitate the transition to a cashless society while promoting business growth. Its platform enables businesses to accept and manage online payments securely and efficiently. In addition to core payment processing, HyperPay provides a variety of supplementary services, including risk and fraud management, monitoring systems, installment solutions, and invoicing systems, thereby enhancing the overall payment experience for merchants and their customers.
Anghami
Series A in 2012
Anghami is a music streaming application founded in 2011 and headquartered in Jounieh, Lebanon. It provides users in the Middle East and North Africa with access to a vast catalog of Arabic and international music, allowing for both streaming and offline downloads. The platform features licensed content from major Arabic music labels, including Rotana, Melody, and Platinum Records, as well as international labels such as Universal, Sony, and Warner. Anghami aims to cater specifically to the musical tastes of its regional audience, and it has established a strategic partnership with MBC Group to enhance its offerings. As the largest digital music venture in the region, Anghami continues to expand its catalog by licensing new content from various artists and distributors.
Laimoon.com
Venture Round in 2012
Laimoon supports career-minded people with information on jobs,courses and career insights. Currently focussing on the UAE and the wider GCC region.
Shahiya
Venture Round in 2012
Shahiya.com is an Arabic food-focused social website. Millions of Arab home cooks use it to find, review and share recipes, food pictures and blog posts. All user contributions are monitored by a passionate editorial team, to ensure clarity, originality, and conformity to the local tastes and norms. Shahiya also caters to health conscious users in Arab countries. Under the supervision of its founding partner Carole Hani Makhoul (US Registered Dietitian), it provides the nutritional facts of each recipe published on the site - a service only shahiya offers in Arabic. Since going online in 2010, it has grown to become the biggest Arabic cooking website, organically attracting > 1,000,000 unique visitors/month. Its mobile applications have also been downloaded > 1,000,000 times, topping most of the Arab Apple app stores. Shahiya has attracted top international advertising brands, such as Galaxy, Arla Foods, Kraft, Moulinex, Kenwood, and Braun, as well as large Saudi / UAE based advertisers, including Safi-Danone, Al Walimah, Savola, Al Alali, and STC. In 2012, shahiya received a Series A investment from the Lebanon based VC fund MEVP.
PinPay
Venture Round in 2010
PinPay is a mobile payment service that provides users with a secure and efficient platform for managing various financial transactions. Offered through Partner Banks, PinPay enables subscribers to conduct transactions directly from their mobile phones, allowing them to pay bills, purchase vouchers, and acquire gift cards. The service is designed for speed and convenience, with transactions completed in under 20 seconds. By aggregating various purchasable services in one platform, PinPay aims to simplify the payment process, making it easier for customers to manage their finances anytime and anywhere.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.