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
Past deals in United Arab Emirates
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 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.
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 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.
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.
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.
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.
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.
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.
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.
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.
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.
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