Phoenician Funds
24
1M
18
3.00
1
0.25
1
- Stages of investment
- Areas of investment
Summary
Phoenician Funds appeared to be the VC, which was created in 2015. The leading representative office of defined VC is situated in the Beirut. The venture was found in Asia in Lebanon.
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. The top activity for fund was in 2018. Considering the real fund results, this VC is 18 percentage points more often commits exit comparing to other organizations.
The fund was created by George Haimari, Jad Salame, Mohamed Ibrahim. The overall number of key employees were 8.
The usual cause for the fund is to invest in rounds with 2-3 partakers. Despite the Phoenician Funds, startups are often financed by Shorooq Partners, 500 Startups, Wamda Capital. The meaningful sponsors for the fund in investment in the same round are B&Y Venture Partners, BeryTech Fund, Saned Partners. In the next rounds fund is usually obtained by B&Y Venture Partners, BeryTech Fund.
Moreover, a startup needs to be at the age of 4-5 years to get the investment from the fund. The fund has specific favorite in a number of founders of portfolio startups. For fund there is a match between the country of its foundation and the country of its the most frequent investments - Lebanon. Among the most popular portfolio startups of the fund, we may highlight Seez, Toters, NymCard. Among the most successful fund investment fields, there are Information Technology, Financial Services.
Investments analytics
Analytics
- Total investments
- 24
- Lead investments
- 1
- Exits
- 1
- Rounds per year
- 3.00
- Follow on index
- 0.25
- Investments by industry
- Software (7)
- Financial Services (7)
- Apps (6)
- FinTech (5)
- Information Technology (4) Show 35 more
- Investments by region
-
- United Arab Emirates (7)
- Lebanon (15)
- Egypt (2)
- Peak activity year
- 2018
Discover reliable insights
Leverage validated data, identify key contacts and secure funding opportunities for your business.Quantitative data
- Avg. startup age at the time of investment
- 7
- Avg. valuation at time of investment
- 244K
- Group Appearance index
- 0.79
- Avg. company exit year
- 5
Need more data?
Get access to full data about investors, including their team, contact information, and historic data.
Latest deals
| Company name | Deal date | Industry | Deal stage | Deal size | Location |
|---|---|---|---|---|---|
| MoneyFellows | 04 Aug 2019 | Software, Financial Services, Credit | Seed | 1M | Cairo Governorate, Cairo, Egypt |
| Sohati | 01 Jul 2019 | Health Care, Medical | Early Stage Venture | 1M | Beirut Governorate, Beirut, Lebanon |
| Trufan | 01 Jan 2019 | Software, Marketing | Seed | 775K | Ontario, Old Toronto, Canada |
Similar funds
By same location
By same geo focus
By doing lead investments
At Unicorn Nest, we combine cutting-edge technology with human expertise to build one of the most reliable venture capital databases in the market. Our process begins with automated AI-enhanced data collection, leveraging the full potential of Large Language Models (LLMs).
Later, our team of analysts takes it further with manual verification, using proprietary tools for data cleaning and validation to ensure accuracy and reliability. We cross-check and enhance our findings through press and media monitoring, integrating information from trusted news outlets and venture capital aggregators. Finally, we stay ahead of the curve by monitoring social networks like LinkedIn and X.com.