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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 154
Average round size
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The average size of a deal this fund participated in
$7M
Portfolio companies 116
Rounds per year 14.00
Lead investments 4
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.23
Exits 2
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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Related Funds

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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:
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

Hakbah

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

Omniful

Retail Technology
SaaS
Software
$5M05 Dec 2023 Saudi Arabia, Riyadh Region, Saudi Arabia

D3

Web Development
$5M05 Sep 2023 Las Vegas, Nevada, United States

Metriport

Developer Tools
Health Care
Open Source
Software
$2M21 Dec 2022 San Francisco, California, United States

Silkhaus

Property Management
$7M15 Nov 2022 Dubai, United Arab Emirates

Vendease

E-Commerce
Food and Beverage
Marketplace
$20M26 Sep 2022 Lagos, Lagos, Nigeria

erad

FinTech
Information Technology
$2M19 Sep 2022 Riyadh, Ar Riyad, Saudi Arabia

Kippa

Accounting
Finance
$8M12 Sep 2022 Nguru, Lagos, Nigeria

Bloom

Banking
Financial Services
FinTech
$6M20 Jul 2022 London, England, United Kingdom

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Total investments 154
Average round size 7M
Rounds per year 14.00
Peak activity year 2021
Lead investments 4
Follow on index 0.23
Exits 2
Group Appearance index 0.88

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Hakbah

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

Omniful

Retail Technology
SaaS
Software
$5M05 Dec 2023 Saudi Arabia, Riyadh Region, Saudi Arabia

D3

Web Development
$5M05 Sep 2023 Las Vegas, Nevada, United States

Metriport

Developer Tools
Health Care
Open Source
Software
$2M21 Dec 2022 San Francisco, California, United States

Silkhaus

Property Management
$7M15 Nov 2022 Dubai, United Arab Emirates

Vendease

E-Commerce
Food and Beverage
Marketplace
$20M26 Sep 2022 Lagos, Lagos, Nigeria

erad

FinTech
Information Technology
$2M19 Sep 2022 Riyadh, Ar Riyad, Saudi Arabia

Kippa

Accounting
Finance
$8M12 Sep 2022 Nguru, Lagos, Nigeria

Bloom

Banking
Financial Services
FinTech
$6M20 Jul 2022 London, England, United Kingdom
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