Many team members at Unicorn Nest are Ukrainians affected by Russian aggression. We do our best to solve any issues and answer your questions in the shortest possible time frames but some delays are possible.

Algebra Ventures

Founders Karim Hussein Tarek Assaad Ziad Mokhtar

Overview

Investments

Unlock datapoints

Portfolio analytics

Team

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

Need help with fundraising?

We offer an assisted fundraising option for startups

Learn more
Total investments 41
Average round size
info
The average size of a deal this fund participated in
$4M
Portfolio companies 22
Rounds per year 4.56
Lead investments 7
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.44
Key employees 3
Stages of investment
Early Stage Venture

Areas of investment

  • Marketplace
  • Software
  • Internet
  • E-Commerce
  • Transportation
Summary

The leading representative office of defined VC is situated in the Cairo. The venture was found in Africa in Egypt.

The usual cause for the fund is to invest in rounds with 2-3 partakers. Despite the Algebra Ventures, startups are often financed by Middle East Venture Partners (MEVP), Vodafone Ventures, Samih Toukan. The meaningful sponsors for the fund in investment in the same round are 500 Startups, Raed Ventures, Next Billion Ventures. In the next rounds fund is usually obtained by 500 Startups, Y Combinator, Savour Ventures.

For fund there is a match between the location of its establishment and the land of its numerous investments - Egypt. Among the most popular fund investment industries, there are Transportation, Wearables. Among the most popular portfolio startups of the fund, we may highlight Halan.

This organization was formed by Karim Hussein, Tarek Assaad, Ziad Mokhtar. Besides them, we counted 3 critical employees of this fund in our database.

The usual things for fund are deals in the range of 1 - 5 millions dollars. Speaking about the real fund results, this VC is 68 percentage points more often commits exit comparing to other organizations. The fund is generally included in 2-6 deals every year. The average startup value when the investment from Algebra Ventures is 10-50 millions dollars. The top activity for fund was in 2018.

Read more

Funds with similar focus

Funds from Egypt
Funds with similar focus located in Egypt:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

DXwand

Artificial Intelligence
$4M25 Jan 2024 Cheyenne, Wyoming, United States

Mtor

Information Technology
Internet
$2M04 Dec 2023 Cairo, Al Qahirah, Egypt

Sylndr

E-Commerce
Marketplace
Retail
$12M23 May 2022 Cairo, Al Qahirah, Egypt

Shift EV

Consumer Electronics
Electric Vehicle
Technical Support
$9M08 Apr 2022 Egypt, Texas, United States

Khazna

Financial Services
FinTech
$38M31 Mar 2022 Cairo, Cairo Governorate, Egypt

Orcas

E-Commerce
Education
Internet
$2M16 Jan 2022 Cairo, Cairo Governorate, Egypt

Yodawy

Health Care
Internet
Marketplace
Pharmaceutical
$7M12 Jul 2021 Cairo, Cairo Governorate, Egypt

Trella

Marketplace
Shipping
Transportation
$42M28 May 2021 Cairo, Cairo Governorate, Egypt

Mozare3

Agriculture
AgTech
$1M24 May 2021 Cairo, Cairo Governorate, Egypt

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent Algebra Ventures?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!
Total investments 41
Average round size 4M
Rounds per year 4.56
Peak activity year 2018
Lead investments 7
Follow on index 0.44
Group Appearance index 0.88

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

DXwand

Artificial Intelligence
$4M25 Jan 2024 Cheyenne, Wyoming, United States

Mtor

Information Technology
Internet
$2M04 Dec 2023 Cairo, Al Qahirah, Egypt

Sylndr

E-Commerce
Marketplace
Retail
$12M23 May 2022 Cairo, Al Qahirah, Egypt

Shift EV

Consumer Electronics
Electric Vehicle
Technical Support
$9M08 Apr 2022 Egypt, Texas, United States

Khazna

Financial Services
FinTech
$38M31 Mar 2022 Cairo, Cairo Governorate, Egypt

Orcas

E-Commerce
Education
Internet
$2M16 Jan 2022 Cairo, Cairo Governorate, Egypt

Yodawy

Health Care
Internet
Marketplace
Pharmaceutical
$7M12 Jul 2021 Cairo, Cairo Governorate, Egypt

Trella

Marketplace
Shipping
Transportation
$42M28 May 2021 Cairo, Cairo Governorate, Egypt

Mozare3

Agriculture
AgTech
$1M24 May 2021 Cairo, Cairo Governorate, Egypt
Crunchbase icon

Content report

The following text will be sent to our editors: