Tarabut Gateway is the first and largest regulated Open Banking platform in the MENA region, facilitating connections between banks and FinTechs through a universal application programming interface (API). By enabling seamless data flow, Tarabut Gateway promotes collaboration and innovation within the financial sector, resulting in improved products and services for consumers. The platform supports the development and distribution of personalized financial solutions, contributing to a more integrated and agile financial services ecosystem in the region.
Tango is a digital software company that simplifies the documentation of work processes. Its platform enables users to automatically create step-by-step guides with screenshots by capturing their actions on computer screens. This functionality allows for the generation of interactive guides that facilitate knowledge sharing and task completion, eliminating the need for written instructions or training videos. Tango's solution aims to enhance efficiency within teams by streamlining the documentation process.
PortalOne
Series A in 2022
PortalOne AS, based in Oslo, Norway, is a pioneering hybrid games company that merges traditional gaming with interactive television to create unique entertainment experiences. Founded in 2018, the company offers a gaming platform accessible via mobile devices, hosting daily 24-hour tournaments across various game genres, including exclusive titles from Atari such as "Pong," "Breakout," and "Centipede." Players compete to ascend leaderboards for a chance to win real prizes like cash and vacations. A key feature of PortalOne's offerings is the "Arcade Show," which integrates live TV elements with gameplay, featuring celebrity guests who engage with players in real time. PortalOne aims to expand its reach beyond the US, Canada, and Norway, aspiring to create a global platform that hosts hundreds of games and diverse show formats. By blending the best aspects of gaming and television, PortalOne seeks to establish itself as the leading destination for hybrid games, akin to how Spotify and Netflix dominate their respective industries.
Moov Technologies, Inc. is a software company based in San Francisco, California, that specializes in an online marketplace for buying and selling used manufacturing equipment, particularly in the semiconductor sector. Founded in 2017, Moov's platform streamlines the transaction process by automating documentation, information sharing, and logistics, while also integrating payment solutions and asset management services. This comprehensive approach allows users to efficiently purchase pre-owned equipment, reducing both time and costs associated with traditional buying methods. By facilitating connections between buyers and sellers, Moov contributes to minimizing waste in the manufacturing sector.
Tarabut
Funding Round in 2021
Tarabut Gateway is the first and largest regulated Open Banking platform in the MENA region, facilitating connections between banks and FinTechs through a universal application programming interface (API). By enabling seamless data flow, Tarabut Gateway promotes collaboration and innovation within the financial sector, resulting in improved products and services for consumers. The platform supports the development and distribution of personalized financial solutions, contributing to a more integrated and agile financial services ecosystem in the region.
Moveworks
Series C in 2021
Moveworks, Inc. develops a cloud-based AI platform that assists enterprises in resolving IT support issues for their employees. Founded in 2016 and headquartered in Mountain View, California, with an additional office in Culver City, the company offers an AI assistant that automates various tasks, such as ordering hardware, raising software requests, and managing ticket statuses. Utilizing a conversational interface, Moveworks interprets complex employee requests and executes multi-step processes, adapting based on previous interactions. Its technology is employed by organizations like Databricks, Broadcom, Hearst, and Palo Alto Networks to enhance productivity, streamline workflows, and improve information retrieval across enterprise systems. The platform integrates with chat applications, such as Slack, to provide seamless user experiences and automatic solutions.
Bitso is a cryptocurrency exchange platform founded in 2014 and headquartered in Mexico City. It enables users to buy and sell various cryptocurrencies, including bitcoin and ether, through a user-friendly marketplace. The platform allows customers to trade fractions of cryptocurrencies and make payments using their mobile devices, facilitating seamless transactions in the growing fintech and blockchain sectors. Bitso's focus on accessibility and ease of use positions it as a significant player in the cryptocurrency landscape in Latin America.
DLocal
Venture Round in 2021
DLocal operates a payments technology platform aimed at facilitating online payments in emerging markets, primarily for global e-commerce companies. Founded in 2016 and headquartered in Montevideo, Uruguay, the company offers over 900 payment methods across more than 40 countries. DLocal's primary goal is to bridge the payments innovation gap between global enterprises and customers in these high-growth regions, including Africa, Asia, and Latin America. Its platform, One dLocal, allows global merchants to efficiently handle both pay-in and pay-out transactions, enabling them to reach billions of underserved consumers. The company generates revenue by charging merchants fees for its payment processing services, with a significant portion of its income derived from operations in Brazil.
Blackbuck
Series B in 2015
Blackbuck, founded in 2015, is a leading online platform in India that connects shippers with truck operators, transforming the logistics landscape through technology. The company focuses on streamlining the trucking process by facilitating load bookings, offering price discovery, route optimization, and in-transit tracking. This comprehensive approach not only enhances operational efficiency for shippers and truckers but also supports the livelihoods of many individuals within the transportation ecosystem. Blackbuck's commitment to reliability and efficiency has positioned it as the largest trucking network in India, backed by a strong team and notable investors. The company has received multiple accolades, including the 'Young Turks Startup of the Year' award and recognition as 'Company of the Year - Logistics' in 2018. Additionally, Blackbuck's innovative business model has been featured in a Harvard Business School case study.
Teachers Pay Teachers
Private Equity Round in 2014
Teachers Pay Teachers (TpT) is an online marketplace that facilitates the buying and selling of original educational resources among educators. With a community of over 4 million teachers, TpT serves as a platform where users can share insights and inspiration while accessing a diverse range of materials, including full-year curricula, assessments, projects, videos, and digital content. The marketplace boasts more than 2 million resources tailored for PreK-12 education. In the past year, a significant number of U.S. teachers have utilized TpT to enhance their teaching practices, indicating a strong demand for innovative educational content. The company actively seeks professionals in various roles, such as engineers and product managers, who are dedicated to supporting educators worldwide.
Teachers Pay Teachers
Venture Round in 2014
Teachers Pay Teachers (TpT) is an online marketplace that facilitates the buying and selling of original educational resources among educators. With a community of over 4 million teachers, TpT serves as a platform where users can share insights and inspiration while accessing a diverse range of materials, including full-year curricula, assessments, projects, videos, and digital content. The marketplace boasts more than 2 million resources tailored for PreK-12 education. In the past year, a significant number of U.S. teachers have utilized TpT to enhance their teaching practices, indicating a strong demand for innovative educational content. The company actively seeks professionals in various roles, such as engineers and product managers, who are dedicated to supporting educators worldwide.
Alibaba Group
Secondary Market in 2013
Alibaba Group is the largest online and mobile commerce company globally, primarily known for its extensive e-commerce platforms that connect buyers and sellers. It operates notable marketplaces in China, including Taobao, which focuses on consumer-to-consumer transactions, and Tmall, which caters to business-to-consumer interactions. The company's core business lies in its China commerce retail division, which is a significant source of cash flow. In addition to retail and wholesale transactions, Alibaba also generates revenue from various sectors, including international commerce, local consumer services, cloud computing, digital media and entertainment, and logistics through its Cainiao network. Alibaba's diverse portfolio positions it as a key player across multiple industries, including retail, logistics, and technology.
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.
Meta
Private Equity Round in 2011
Meta is a social technology company that facilitates connections among individuals, communities, and businesses. Originally founded as Facebook in 2004 by Mark Zuckerberg in Menlo Park, California, the company rebranded to Meta on October 28, 2021, to reflect its broader focus beyond social networking. Meta operates various applications and services, positioning itself as a leader in the social media landscape, with over 1.32 billion monthly active users. The company has continuously evolved, integrating features that enhance user engagement and community building. Meta's strategic initiatives also include partnerships aimed at advancing marketing and commercial efforts in the digital and mobile sectors. As it explores new technologies, including virtual and augmented realities, Meta aims to redefine how people interact and share experiences online.
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.
Trendyol is a leading e-commerce platform based in Istanbul, Turkey, specializing in retailing a diverse range of products including fashion items for women, men, and children, as well as shoes, bags, accessories, cosmetics, and home decor. Established in 2010, Trendyol has grown to become the largest internet employer in Turkey, employing approximately 2,000 people. The company focuses on providing a seamless shopping experience powered by technology, allowing customers to purchase what they want at their convenience. In 2018, Trendyol formed a strategic partnership with Alibaba Group, marking the largest investment in Turkey's internet sector to date. With its extensive product offerings and commitment to customer satisfaction, Trendyol serves as a central hub for online shopping in Turkey and the MENA region.
Meta
Secondary Market in 2010
Meta is a social technology company that facilitates connections among individuals, communities, and businesses. Originally founded as Facebook in 2004 by Mark Zuckerberg in Menlo Park, California, the company rebranded to Meta on October 28, 2021, to reflect its broader focus beyond social networking. Meta operates various applications and services, positioning itself as a leader in the social media landscape, with over 1.32 billion monthly active users. The company has continuously evolved, integrating features that enhance user engagement and community building. Meta's strategic initiatives also include partnerships aimed at advancing marketing and commercial efforts in the digital and mobile sectors. As it explores new technologies, including virtual and augmented realities, Meta aims to redefine how people interact and share experiences online.
Yonja Media Group
Venture Round in 2008
YMG operates social products and apps across multiple verticals. Yonja is Turkey's leading local social network. Joint venture FirsatBuFirsat is the largest discount shopping deals aggregator. YMG's latest offering, IsteSosyal, is a social recruiting app that lets users search for jobs through their Facebook friends. YMG is backed by Tiger Global Management, and is headquartered in Menlo Park, California with operations in Istanbul, Turkey
Maktoob
Venture Round in 2006
Maktoob is an Arabic social network and web 2.0 group. Maktoob was founded in the year 2000 as the world's first free Arabic/English Web-based Email service, offering users a platform to send and receive E-mails in either language, regardless of their operating system. In the few years since, Maktoob has strategically grown to become an integrated group of companies and websites. The network of sites includes Maktoob.com, the world's leading Arab portal with a market share of around 13 million unique users, as well as a range of companies and sites specialized in business and ecommerce in the MENA region. Although the initial focus was on Arabic/English Web-based email services, Maktoob.com quickly evolved to attract users toward a host of additional services. Maktoob.com's community services consist of email, discussion forums, news, blogs, chat , matrimonial services, games, mobile services, women content, sports content and a variety of other community and web 2.0 services.
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