TURN8 is an accelerator based in Dubai, United Arab Emirates, founded in April 2013 as an initiative of DP World. It specializes in incubation, seed, and startup investments, focusing on innovative web or mobile applications, e-commerce platforms, Arabic content advancements, education technology, sustainable living technologies, crowdsourced services, social networking innovations, and healthcare technologies. The program offers a four-month duration with equity investment typically ranging from $24,000 to $30,000 per team.
Democrance is an insurtech company that builds software to help insurers distribute, service, and administer insurance policies in the Middle East and North Africa. Founded in 2015 and based in Dubai, the company aims to democratize access to insurance by offering a micro-insurance services platform that supports life and health programs, project management, customer management, and claim handling, with delivery via mobile phones. The platform serves insurers and brokers across a broad range of products, from high-ticket policies to micro-insurance, and is designed to reach underinsured and uninsured populations in emerging markets. By simplifying policy access and administration, Democrance enables targeted distribution, better service, and expanded coverage for low-income families and other underserved customers.
Ecoisme
Seed Round in 2017
Ecoisme is a home energy monitoring system designed to help users track and manage their energy consumption more effectively. By utilizing a single sensor connected to the fuse box in a contactless manner, Ecoisme detects the energy usage of individual appliances and provides insights into how much money users spend on their electricity. The system also offers recommendations for reducing energy consumption and alerts homeowners to potential appliance issues before they become significant problems. Ecoisme gained recognition for its innovation through a successful Indiegogo campaign and received the CES Best of Innovations Award. The company has become a member of the Edison Electric Institute and is currently engaged in pilot projects with various organizations, including EDF, Virgin Media, and the Dubai Energy and Water Authority.
HeyDoc!
Pre Seed Round in 2016
HeyDoc! is a healthcare technology platform that connects patients with doctors remotely, enabling online consultations and a global network of medical professionals. The platform provides in-app communication tools such as text, voice, video, and media sharing to facilitate medical advice for non-urgent issues and ongoing patient-doctor messaging. It enables patients to book online appointments and receive medical guidance, while offering physicians a channel to streamline and monetize communications with patients. The service aims to deliver cost-effective, accessible digital healthcare by supporting remote consultations across borders.
Presella
Pre Seed Round in 2015
Presella is an event management technology startup based in Lebanon, specializing in a paperless e-ticketing platform tailored for the MENA region. The platform allows promoters, musicians, and artists to create risk-free events by pre-selling a limited number of tickets before the event is confirmed. This innovative approach enables users to gauge audience demand and secure necessary funding for successful event execution. Additionally, Presella offers features for promoting confirmed events through perks and discounts on early bird tickets. The company operates a mobile application for last-minute ticket sales and an in-event door management tool. With over $1 million in ticket sales and a team of seven, Presella is expanding its reach into the UAE and planning further growth into Saudi Arabia, Qatar, and Jordan.
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