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Hala Ventures

Founders Ali Abussaud Hussain Almarhoon

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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 30
Average round size
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The average size of a deal this fund participated in
$2M
Portfolio companies 20
Rounds per year 6.00
Lead investments 0
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.33
Key employees Soon
Stages of investment
Early Stage Venture
Seed

Areas of investment

  • FinTech
  • Software
  • Payments
  • Transportation
  • Ride Sharing

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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Elkaso

B2B
Information Technology
Made to Order
Marketplace
Restaurants
$10M12 Jul 2023 Dubai, United Arab Emirates

El-Dokan

E-Commerce
E-Commerce Platforms
Retail Technology
Software
$550K05 Sep 2022 Cairo, Al Qahirah, Egypt

SubsBase

Information Technology
Management Consulting
Payments
SaaS
Subscription Service
$2M25 Aug 2022 Cairo, Cairo Governorate, Egypt

Torod

E-Commerce
Logistics
Shipping
$1M31 May 2022 Riyadh, Riyadh Region, Saudi Arabia

intella

Business Intelligence
Database
PaaS
$1M30 Mar 2022 Cairo, Al Qahirah, Egypt

DailyMealz

Food Delivery
Subscription Service
$5M29 Mar 2022 Saudi Arabia, Riyadh Region, Saudi Arabia

Nearpay

FinTech
Mobile Payments
Predictive Analytics
Software
$3M01 Feb 2022 Riyadh, Ar Riyad, Saudi Arabia

Sanad Cash

Finance
Financial Services
FinTech
Mobile Apps
Mobile Payments
$1M26 Jan 2022 -

Sarwa.co

FinTech
Wealth Management
$15M01 Jul 2021 Dubai, United Arab Emirates

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Total investments 30
Average round size 2M
Rounds per year 6.00
Peak activity year 2021
Lead investments 0
Follow on index 0.33
Group Appearance index 0.87

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Elkaso

B2B
Information Technology
Made to Order
Marketplace
Restaurants
$10M12 Jul 2023 Dubai, United Arab Emirates

El-Dokan

E-Commerce
E-Commerce Platforms
Retail Technology
Software
$550K05 Sep 2022 Cairo, Al Qahirah, Egypt

SubsBase

Information Technology
Management Consulting
Payments
SaaS
Subscription Service
$2M25 Aug 2022 Cairo, Cairo Governorate, Egypt

Torod

E-Commerce
Logistics
Shipping
$1M31 May 2022 Riyadh, Riyadh Region, Saudi Arabia

intella

Business Intelligence
Database
PaaS
$1M30 Mar 2022 Cairo, Al Qahirah, Egypt

DailyMealz

Food Delivery
Subscription Service
$5M29 Mar 2022 Saudi Arabia, Riyadh Region, Saudi Arabia

Nearpay

FinTech
Mobile Payments
Predictive Analytics
Software
$3M01 Feb 2022 Riyadh, Ar Riyad, Saudi Arabia

Sanad Cash

Finance
Financial Services
FinTech
Mobile Apps
Mobile Payments
$1M26 Jan 2022 -

Sarwa.co

FinTech
Wealth Management
$15M01 Jul 2021 Dubai, United Arab Emirates
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