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.

Ali Almajthoob

Associate Director

Jad El Boustani

Managing Director

Walid Hanna

Founder and CEO

Riyad Jaoudeh

Managing Director

Walid Mansour

Co-Founder and Co-CEO

Past deals in Gulf Cooperation Council

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.

eat

Series B in 2022
Eat W.L.L. operates a leading restaurant reservation platform in the Middle East, primarily serving users in Dubai and Bahrain. Founded in 2013 and based in Bahrain, Eat App offers a comprehensive suite of tools for restaurants to manage reservations, optimize table layouts, and track customer preferences. The platform facilitates real-time communication between diners and restaurants, ensuring seamless booking experiences. Diners can use the mobile application to discover local dining options, check availability, and confirm reservations instantly. With over 10 million diners seated across more than 1,000 restaurants, Eat App has established itself as a key player in the region's hospitality sector, attracting significant investment along the way.

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.

Nana

Venture Round in 2022
Nana is an online grocery platform based in Saudi Arabia that specializes in providing doorstep deliveries of a diverse range of products. The platform offers an extensive selection of groceries, fruits, vegetables, cosmetics, electronics, bakery items, and flowers, allowing consumers to conveniently purchase items online. By focusing on home delivery, Nana aims to simplify the shopping experience for its users, making it easier for them to access essential goods from the comfort of their homes.

Rain

Series B in 2022
Rain is a regulated digital currency exchange and custodian in the Middle East, founded in 2017 and based in Manama, Bahrain. It operates a licensed trading platform that enables clients to buy, sell, and store digital assets within a secure and compliant regulatory framework.

Rain

Venture Round in 2020
Rain is a regulated digital currency exchange and custodian in the Middle East, founded in 2017 and based in Manama, Bahrain. It operates a licensed trading platform that enables clients to buy, sell, and store digital assets within a secure and compliant regulatory framework.

The Luxury Closet

Venture Round in 2020
The Luxury Closet is a pioneering online marketplace in the GCC region dedicated to the buying, selling, and consignment of luxury items, with a focus on pre-owned products. By ensuring the authenticity and integrity of each item, the platform allows customers to purchase designer goods at discounted prices. With its significant market reach and impressive scalability, The Luxury Closet has experienced rapid growth, achieving double-digit monthly increases in sales since its inception. The platform serves as a trusted venue for individuals seeking to access authentic luxury items while promoting a sustainable approach to fashion consumption.

Nana

Series B in 2020
Nana is an online grocery platform based in Saudi Arabia that specializes in providing doorstep deliveries of a diverse range of products. The platform offers an extensive selection of groceries, fruits, vegetables, cosmetics, electronics, bakery items, and flowers, allowing consumers to conveniently purchase items online. By focusing on home delivery, Nana aims to simplify the shopping experience for its users, making it easier for them to access essential goods from the comfort of their homes.

eat

Series B in 2020
Eat W.L.L. operates a leading restaurant reservation platform in the Middle East, primarily serving users in Dubai and Bahrain. Founded in 2013 and based in Bahrain, Eat App offers a comprehensive suite of tools for restaurants to manage reservations, optimize table layouts, and track customer preferences. The platform facilitates real-time communication between diners and restaurants, ensuring seamless booking experiences. Diners can use the mobile application to discover local dining options, check availability, and confirm reservations instantly. With over 10 million diners seated across more than 1,000 restaurants, Eat App has established itself as a key player in the region's hospitality sector, attracting significant investment along the way.

TruKKer

Series A in 2019
TruKKer is a technology-enabled truck aggregator based in Abu Dhabi, UAE, founded in 2016. The company operates a logistics and fleet management platform that simplifies road freight and logistics operations by integrating demand and supply for land freight services. TruKKer's platform connects shippers and carriers in real time, ensuring maximum utilization of available trucks and reducing overall transportation costs. The company's network, powered by real-time data analytics, enhances reliability and transparency while creating opportunities for data monetization and consolidated procurement. By offering end-to-end coverage and a comprehensive service portfolio, TruKKer facilitates cross-border transportation services for various end markets, benefiting both shippers and transporters alike.

Nana

Series A in 2019
Nana is an online grocery platform based in Saudi Arabia that specializes in providing doorstep deliveries of a diverse range of products. The platform offers an extensive selection of groceries, fruits, vegetables, cosmetics, electronics, bakery items, and flowers, allowing consumers to conveniently purchase items online. By focusing on home delivery, Nana aims to simplify the shopping experience for its users, making it easier for them to access essential goods from the comfort of their homes.

The Luxury Closet

Series C in 2018
The Luxury Closet is a pioneering online marketplace in the GCC region dedicated to the buying, selling, and consignment of luxury items, with a focus on pre-owned products. By ensuring the authenticity and integrity of each item, the platform allows customers to purchase designer goods at discounted prices. With its significant market reach and impressive scalability, The Luxury Closet has experienced rapid growth, achieving double-digit monthly increases in sales since its inception. The platform serves as a trusted venue for individuals seeking to access authentic luxury items while promoting a sustainable approach to fashion consumption.

Lamsa

Series A in 2018
Lamsa World is a digital platform based in Abu Dhabi, United Arab Emirates, designed for Arab-speaking toddlers and preschoolers. The company provides an interactive application that offers a variety of edutainment products, including e-books, games, videos, and music. Lamsa focuses on creating an engaging learning environment for children aged 1 to 8 years, delivering content that fosters creativity and imagination. The platform regularly updates its offerings to ensure a diverse range of educational and entertaining materials, which cater to the developmental needs of young learners. Through its innovative approach, Lamsa aims to enhance the educational experience while making learning enjoyable for children.

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 is a Dubai-based company founded in 2015 that specializes in last mile delivery solutions. The company operates a technology-driven platform that connects various stakeholders in the delivery process, including call centers, drivers, point of sale outlets, and both business and consumer customers. By offering seamless and personalized delivery from local businesses to consumers' doorsteps, One Click Delivery Services aims to bridge the last-mile gap effectively. Their delivery management system incorporates features such as GPS tracking and automated customer notifications, ensuring an efficient and transparent delivery experience. This innovative approach positions the company as a key player in the evolving logistics landscape of the region.

TreasuryXpress

Series B in 2017
TreasuryXpress Inc. specializes in providing on-demand treasury management and cash forecasting solutions designed to enhance financial visibility and control for organizations of all sizes. Founded in 2007 and headquartered in Paris, with additional offices in New York, Dubai, and Beirut, the company offers a range of products including its TMS suite, C2Treasury, and C2Treasury Lite. These solutions facilitate critical functions such as cash management, liquidity management, payment management, and bank account management. TreasuryXpress also enables users to generate custom reports and provides various deployment options, including private cloud, single-tenant SaaS, multi-tenant SaaS, and on-premise models, ensuring flexibility to meet different business needs. Through its TreasuryXpress Store, the company offers Forecast+ for cash forecasting and Payment+ API for enhanced bank formatting, catering to a diverse clientele that includes banks, treasury houses, small and medium-sized businesses, and large enterprises. TreasuryXpress operates as a subsidiary of Box & Automation Solutions.

Matic

Series A in 2017
Matic, LLC is a company based in Dubai, United Arab Emirates, that specializes in connecting customers with cleaning service professionals across major cities in the Gulf region, including Dubai, Abu Dhabi, Doha, and Riyadh. Founded in 2015, Matic operates an online platform and a mobile application that simplifies the booking process for home cleaning and housekeeping services. Customers can easily schedule a cleaning session through the app or website, allowing for a seamless experience. Matic boasts a large network of cleaning service providers, ensuring that users are matched with highly trained cleaning professionals for their home needs.

Altibbi

Series B in 2017
Altibbi Ltd. is a digital health platform based in Dubai, United Arab Emirates, that connects users with healthcare information and services throughout the Middle East. Founded in 2008, Altibbi offers a comprehensive range of resources, including medical articles, videos, a medical dictionary, and an encyclopedia of medicines. The platform addresses various health topics, such as chronic diseases, allergies, and dental issues, providing users with the knowledge they need to make informed health decisions. In addition to informational resources, Altibbi facilitates access to healthcare by allowing users to book appointments with qualified doctors via video calls and translating medical terminology into Arabic. The platform is accessible 24/7 through its website and mobile applications, enhancing healthcare access and quality for users in the region.

Wego

Series E in 2017
Wego is a travel search platform that caters primarily to travelers in the MENA and India regions, offering easy-to-use websites and mobile applications. The platform leverages advanced technology to automate the search and comparison of flights, hotels, and travel deals from numerous airlines, hotels, and online travel agencies. By providing an unbiased overview of various travel products and prices from both local and international sources, Wego allows users to efficiently identify the best deals and book their travel arrangements. The company maintains dual headquarters in Singapore and Dubai and is backed by a number of prominent investors.

Matic

Seed Round in 2016
Matic, LLC is a company based in Dubai, United Arab Emirates, that specializes in connecting customers with cleaning service professionals across major cities in the Gulf region, including Dubai, Abu Dhabi, Doha, and Riyadh. Founded in 2015, Matic operates an online platform and a mobile application that simplifies the booking process for home cleaning and housekeeping services. Customers can easily schedule a cleaning session through the app or website, allowing for a seamless experience. Matic boasts a large network of cleaning service providers, ensuring that users are matched with highly trained cleaning professionals for their home needs.

eat

Series A in 2016
Eat W.L.L. operates a leading restaurant reservation platform in the Middle East, primarily serving users in Dubai and Bahrain. Founded in 2013 and based in Bahrain, Eat App offers a comprehensive suite of tools for restaurants to manage reservations, optimize table layouts, and track customer preferences. The platform facilitates real-time communication between diners and restaurants, ensuring seamless booking experiences. Diners can use the mobile application to discover local dining options, check availability, and confirm reservations instantly. With over 10 million diners seated across more than 1,000 restaurants, Eat App has established itself as a key player in the region's hospitality sector, attracting significant investment along the way.

The Luxury Closet

Series B in 2016
The Luxury Closet is a pioneering online marketplace in the GCC region dedicated to the buying, selling, and consignment of luxury items, with a focus on pre-owned products. By ensuring the authenticity and integrity of each item, the platform allows customers to purchase designer goods at discounted prices. With its significant market reach and impressive scalability, The Luxury Closet has experienced rapid growth, achieving double-digit monthly increases in sales since its inception. The platform serves as a trusted venue for individuals seeking to access authentic luxury items while promoting a sustainable approach to fashion consumption.

Altibbi

Seed Round in 2015
Altibbi Ltd. is a digital health platform based in Dubai, United Arab Emirates, that connects users with healthcare information and services throughout the Middle East. Founded in 2008, Altibbi offers a comprehensive range of resources, including medical articles, videos, a medical dictionary, and an encyclopedia of medicines. The platform addresses various health topics, such as chronic diseases, allergies, and dental issues, providing users with the knowledge they need to make informed health decisions. In addition to informational resources, Altibbi facilitates access to healthcare by allowing users to book appointments with qualified doctors via video calls and translating medical terminology into Arabic. The platform is accessible 24/7 through its website and mobile applications, enhancing healthcare access and quality for users in the region.

The Luxury Closet

Series A in 2015
The Luxury Closet is a pioneering online marketplace in the GCC region dedicated to the buying, selling, and consignment of luxury items, with a focus on pre-owned products. By ensuring the authenticity and integrity of each item, the platform allows customers to purchase designer goods at discounted prices. With its significant market reach and impressive scalability, The Luxury Closet has experienced rapid growth, achieving double-digit monthly increases in sales since its inception. The platform serves as a trusted venue for individuals seeking to access authentic luxury items while promoting a sustainable approach to fashion consumption.

Lamsa

Venture Round in 2013
Lamsa World is a digital platform based in Abu Dhabi, United Arab Emirates, designed for Arab-speaking toddlers and preschoolers. The company provides an interactive application that offers a variety of edutainment products, including e-books, games, videos, and music. Lamsa focuses on creating an engaging learning environment for children aged 1 to 8 years, delivering content that fosters creativity and imagination. The platform regularly updates its offerings to ensure a diverse range of educational and entertaining materials, which cater to the developmental needs of young learners. Through its innovative approach, Lamsa aims to enhance the educational experience while making learning enjoyable for children.

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.

TreasuryXpress

Venture Round in 2012
TreasuryXpress Inc. specializes in providing on-demand treasury management and cash forecasting solutions designed to enhance financial visibility and control for organizations of all sizes. Founded in 2007 and headquartered in Paris, with additional offices in New York, Dubai, and Beirut, the company offers a range of products including its TMS suite, C2Treasury, and C2Treasury Lite. These solutions facilitate critical functions such as cash management, liquidity management, payment management, and bank account management. TreasuryXpress also enables users to generate custom reports and provides various deployment options, including private cloud, single-tenant SaaS, multi-tenant SaaS, and on-premise models, ensuring flexibility to meet different business needs. Through its TreasuryXpress Store, the company offers Forecast+ for cash forecasting and Payment+ API for enhanced bank formatting, catering to a diverse clientele that includes banks, treasury houses, small and medium-sized businesses, and large enterprises. TreasuryXpress operates as a subsidiary of Box & Automation Solutions.
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