Wa’ed Ventures

Tenderd operates an on-demand marketplace for renting heavy equipment and provides an AI-powered platform to optimize fleet operations. The marketplace connects owners of equipment such as bulldozers, loaders and cranes with construction and engineering firms in the Middle East and North Africa and also manages a network of contractors. Its analytics platform converts equipment data into actionable insights to monitor operations, improve asset utilization, manage fuel consumption, plan routes, schedule maintenance and visualize trip logs, with features to measure carbon emissions and support safer, more efficient and sustainable operations.

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.

SpiderSilk is a Dubai-based cybersecurity firm founded in 2019, specializing in advanced simulations of cyberattacks to help organizations enhance their security defenses. The company utilizes a combination of proprietary machine-driven technology and human ethical hackers to identify vulnerabilities and security exploits in applications across public and internal infrastructures. By conducting adversarial simulations and continuous scans of the open internet, SpiderSilk enables companies to effectively identify and manage potential threats. Its enterprise security testing services are complemented by robust advisory offerings that provide organizations with valuable insights into areas for improvement and best security practices. SpiderSilk has successfully uncovered critical threats that could have affected over 120 million individuals, demonstrating its significant impact in the cybersecurity landscape.

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.

Tenderd operates an on-demand marketplace for renting heavy equipment and provides an AI-powered platform to optimize fleet operations. The marketplace connects owners of equipment such as bulldozers, loaders and cranes with construction and engineering firms in the Middle East and North Africa and also manages a network of contractors. Its analytics platform converts equipment data into actionable insights to monitor operations, improve asset utilization, manage fuel consumption, plan routes, schedule maintenance and visualize trip logs, with features to measure carbon emissions and support safer, more efficient and sustainable operations.