Middle East Venture Partners (MEVP)

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 AlJuaid

Managing Director

Fahed Qteishat

Associate Director

Gaelle Yammine

Associate Director

Past deals in Dubai

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.

Stake

Series A in 2024
Stake is a digital platform that facilitates real estate investment, allowing individuals to invest in income-generating rental properties quickly and easily. The platform aims to modernize real estate investment by making it accessible to a broader audience. Stake achieves this by breaking down properties into smaller, investable shares, thereby enabling users to purchase stakes in residential properties. This approach not only democratizes real estate investment but also enhances transparency and profitability for investors. Through its innovative model, Stake provides a streamlined way for individuals to engage in the real estate market without the complexities traditionally associated with property investment.

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.

Stake

Seed Round in 2022
Stake is a digital platform that facilitates real estate investment, allowing individuals to invest in income-generating rental properties quickly and easily. The platform aims to modernize real estate investment by making it accessible to a broader audience. Stake achieves this by breaking down properties into smaller, investable shares, thereby enabling users to purchase stakes in residential properties. This approach not only democratizes real estate investment but also enhances transparency and profitability for investors. Through its innovative model, Stake provides a streamlined way for individuals to engage in the real estate market without the complexities traditionally associated with property investment.

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.

One Click Delivery Services

Seed Round in 2018
One Click Delivery Services operates a last mile delivery platform that connects various stakeholders in the delivery process, including call centers, drivers, point of sale outlets, businesses, and consumers. Founded in 2015 and based in Dubai, United Arab Emirates, the company aims to redefine last mile delivery by facilitating seamless and personalized service from local businesses to customers' doorsteps. Its technology-enabled platform features a robust delivery management system that includes GPS location tracking and automated customer notifications, effectively closing the gap between merchants and their clients.

Matic

Series A in 2017
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.

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.
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