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Faith Capital

Founders Mohammed AlMunifi Mohammed Jaffar

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Investments

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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.

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Total investments 27
Average round size
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The average size of a deal this fund participated in
$8M
Portfolio companies 18
Rounds per year 3.86
Lead investments 0
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.33
Exits 1
Key employees 4
Stages of investment
Late Stage Venture

Areas of investment

  • E-Commerce
  • Software
  • Marketplace
  • Internet
  • Artificial Intelligence
Summary

Faith Capital is the famous VC, which was founded in 2016. The main office of represented VC is situated in the Sharq Hawalli. The fund was located in Asia if to be more exact in Kuwait.

The fund has exact preference in a number of founders of portfolio startups. Moreover, a startup needs to be at the age of 2-3 years to get the investment from the fund. Among the most popular portfolio startups of the fund, we may highlight Snapbook, Foodics, Eyewa. Among the most successful fund investment fields, there are Retail, Management Information Systems. For fund there is no match between the country of its foundation and the country of its the most frequent investments - United Arab Emirates.

The typical case for the fund is to invest in rounds with 2-3 participants. Despite the Faith Capital, startups are often financed by 500 Startups, Raed Ventures, Savour Ventures. The meaningful sponsors for the fund in investment in the same round are 500 Startups, Wamda Capital, Tech Invest Com. In the next rounds fund is usually obtained by Arzan Venture Capital, Wamda Capital, Tech Invest Com.

Speaking about the real fund results, this VC is 35 percentage points more often commits exit comparing to other organizations. The top activity for fund was in 2019. Deals in the range of 1 - 5 millions dollars are the general things for fund. The fund is constantly included in 2-6 deals per year.

This organization was formed by Mohammed Jaffar.

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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Mealplanet

Apps
Food and Beverage
Marketplace
$6M14 Aug 2024 Dubai, United Arab Emirates

Cognna

Cyber Security
Network Security
Software
$2M12 Nov 2023 Riyadh, Ar Riyad, Saudi Arabia

360VUZ

3D Technology
Augmented Reality
Media and Entertainment
Mobile Apps
Social Media
Video
Video Streaming
Virtual Reality
$20M20 Oct 2022 Los Angeles, California, United States

Nana

Artificial Intelligence
E-Commerce
Education
Grocery
Home Services
Internet
Machine Learning
Marketplace
Smart Home
Vocational Education
$50M02 Feb 2022 Saudi Arabia, Riyadh Region, Saudi Arabia

Playbook

EdTech
Education
$700K31 Jan 2022 Manama, Capital Governorate, Bahrain

One Click Delivery Services

Delivery Service
E-Commerce
Information Technology
Internet
Logistics
Software
Supply Chain Management
28 Mar 2021 Dubai, United Arab Emirates

Fakespot

Artificial Intelligence
Information Technology
Machine Learning
Natural Language Processing
$4M30 Nov 2020 New York, New York, United States

Floward

E-Commerce
Flowers
Internet
$2M07 Oct 2020 Kuwait City, Al Asimah, Kuwait

JustClean

B2B
B2C
Delivery Service
Laundry and Dry-cleaning
Logistics
Marketplace
SaaS
Software
$8M20 Sep 2020 Kuwait City, Al Asimah, Kuwait

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Total investments 27
Average round size 8M
Rounds per year 3.86
Peak activity year 2019
Lead investments 0
Follow on index 0.33
Exits 1
Group Appearance index 0.70

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Mealplanet

Apps
Food and Beverage
Marketplace
$6M14 Aug 2024 Dubai, United Arab Emirates

Cognna

Cyber Security
Network Security
Software
$2M12 Nov 2023 Riyadh, Ar Riyad, Saudi Arabia

360VUZ

3D Technology
Augmented Reality
Media and Entertainment
Mobile Apps
Social Media
Video
Video Streaming
Virtual Reality
$20M20 Oct 2022 Los Angeles, California, United States

Nana

Artificial Intelligence
E-Commerce
Education
Grocery
Home Services
Internet
Machine Learning
Marketplace
Smart Home
Vocational Education
$50M02 Feb 2022 Saudi Arabia, Riyadh Region, Saudi Arabia

Playbook

EdTech
Education
$700K31 Jan 2022 Manama, Capital Governorate, Bahrain

One Click Delivery Services

Delivery Service
E-Commerce
Information Technology
Internet
Logistics
Software
Supply Chain Management
28 Mar 2021 Dubai, United Arab Emirates

Fakespot

Artificial Intelligence
Information Technology
Machine Learning
Natural Language Processing
$4M30 Nov 2020 New York, New York, United States

Floward

E-Commerce
Flowers
Internet
$2M07 Oct 2020 Kuwait City, Al Asimah, Kuwait

JustClean

B2B
B2C
Delivery Service
Laundry and Dry-cleaning
Logistics
Marketplace
SaaS
Software
$8M20 Sep 2020 Kuwait City, Al Asimah, Kuwait
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