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VentureSouq

Founders Sonia Gokhale Sonia Weymuller Suneel Gokhale Tammer Qaddumi

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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 164
Average round size
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The average size of a deal this fund participated in
$7M
Portfolio companies 121
Rounds per year 14.91
Lead investments 6
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.24
Exits 3
Key employees 5
Stages of investment
Early Stage Venture

Areas of investment

  • Financial Services
  • Software
  • FinTech
  • E-Commerce
  • Payments
Summary

VentureSouq is the famous VC, which was founded in 2013. The main department of described VC is located in the Dubai. The fund was located in Asia if to be more exact in United Arab Emirates.

The usual cause for the fund is to invest in rounds with 6-7 partakers. Despite the VentureSouq, startups are often financed by Empire Angels, Theo Osborne, Sequoia Capital. The meaningful sponsors for the fund in investment in the same round are Pioneer Fund, 500 Startups, Kenji Niwa. In the next rounds fund is usually obtained by Y Combinator, Sequoia Capital, NGP Capital.

The current fund was established by Sonia Gokhale, Sonia Weymuller, Suneel Gokhale, Tammer Qaddumi. We also calculated 5 valuable employees in our database.

Among the most popular fund investment industries, there are Internet, Health Care. Among the most popular portfolio startups of the fund, we may highlight Fetchr, Sourcify, NexGenT. For fund there is no match between the country of its foundation and the country of its the most frequent investments - United States. The fund has no exact preference in some founders of portfolio startups. In case when startup counts 5+ of the founder, the chance for it to get the investment is meager. Besides, a startup requires to be at the age of 2-3 years to receive the investment from the fund.

The top activity for fund was in 2019. The common things for fund are deals in the range of 5 - 10 millions dollars. The fund is generally included in 7-12 deals every year. The typical startup value when the investment from VentureSouq is 50-100 millions dollars.

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Typical Co-investors
VentureSouq is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after VentureSouq:

Funds with similar focus

Funds from United Arab Emirates
Funds with similar focus located in United Arab Emirates:
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Funds doing lead investments
Funds with similar focus acting as lead investors:

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Mala Inc.

FinTech
19 Oct 2024 Riyadh, Ar Riyad, Saudi Arabia

Pathao

E-Commerce
Logistics
Payments
Transportation
$12M15 Sep 2024 Dhaka, Dhaka Division, Bangladesh

PostEx

Financial Services
Payments
$7M20 Aug 2024 Lahore, Punjab, Pakistan

Resal

E-Commerce
$9M18 Aug 2024 Jeddah, Makkah Region, Saudi Arabia

LayerPixel

$2M26 Jul 2024 -

Bloom

Banking
Financial Services
FinTech
$5M06 Jun 2024 London, England, United Kingdom

Wisdomise

Bitcoin
Blockchain
Cryptocurrency
Ethereum
Finance
$9M30 Apr 2024 Zug, Zug, Switzerland

LunaJoy

Health Care
Medical
Therapeutics
$4M16 Apr 2024 Tampa, Florida, United States

Hakbah

Financial Services
FinTech
Predictive Analytics
$5M20 Dec 2023 Riyadh, Ar Riyad, Saudi Arabia

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Total investments 164
Average round size 7M
Rounds per year 14.91
Peak activity year 2021
Lead investments 6
Follow on index 0.24
Exits 3
Group Appearance index 0.89

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Mala Inc.

FinTech
19 Oct 2024 Riyadh, Ar Riyad, Saudi Arabia

Pathao

E-Commerce
Logistics
Payments
Transportation
$12M15 Sep 2024 Dhaka, Dhaka Division, Bangladesh

PostEx

Financial Services
Payments
$7M20 Aug 2024 Lahore, Punjab, Pakistan

Resal

E-Commerce
$9M18 Aug 2024 Jeddah, Makkah Region, Saudi Arabia

LayerPixel

$2M26 Jul 2024 -

Bloom

Banking
Financial Services
FinTech
$5M06 Jun 2024 London, England, United Kingdom

Wisdomise

Bitcoin
Blockchain
Cryptocurrency
Ethereum
Finance
$9M30 Apr 2024 Zug, Zug, Switzerland

LunaJoy

Health Care
Medical
Therapeutics
$4M16 Apr 2024 Tampa, Florida, United States

Hakbah

Financial Services
FinTech
Predictive Analytics
$5M20 Dec 2023 Riyadh, Ar Riyad, Saudi Arabia
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