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Wamda Capital

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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 110
Average round size
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The average size of a deal this fund participated in
$12M
Portfolio companies 68
Rounds per year 11.00
Lead investments 10
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.38
Exits 2
Key employees 5
Stages of investment
Early Stage Venture
Seed

Areas of investment

  • E-Commerce
  • FinTech
  • Internet
  • Information Technology
  • Financial Services
Summary

Wamda Capital appeared to be the VC, which was created in 2014. The company was established in Asia in United Arab Emirates. The main department of described VC is located in the Dubai.

The fund is constantly included in 7-12 deals per year. Considering the real fund results, this VC is 21 percentage points more often commits exit comparing to other organizations. Comparing to the other companies, this Wamda Capital performs on 27 percentage points less the average number of lead investments. Deals in the range of 10 - 50 millions dollars are the general things for fund. The important activity for fund was in 2019. When the investment is from Wamda Capital the average startup value is 500 millions - 1 billion dollars. The increased amount of exits for fund were in 2019.

The usual cause for the fund is to invest in rounds with 4-5 partakers. Despite the Wamda Capital, startups are often financed by STC Ventures, Middle East Venture Partners (MEVP), Saned Partners. The meaningful sponsors for the fund in investment in the same round are Middle East Venture Partners (MEVP), Jabbar Internet Group, Arzan Venture Capital. In the next rounds fund is usually obtained by Saned Partners, Middle East Venture Partners (MEVP), Jabbar Internet Group.

Among the most successful fund investment fields, there are E-Commerce, Mobile. For fund there is a match between the location of its establishment and the land of its numerous investments - United Arab Emirates. The fund has no specific favorite in a number of founders of portfolio startups. When startup sums 4 of the founder, the probability for it to get the investment is little. Besides, a startup needs to be aged 4-5 years to get the investment from the fund. Among the most popular portfolio startups of the fund, we may highlight Careem Networks, Twiga Foods, littleBits Electronics.

Besides them, we counted 5 critical employees of this fund in our database.

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Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Wamda Capital:
Typical Co-investors
Wamda Capital 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 Wamda Capital:

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

Salus Mental

Health Care
$4M20 Nov 2023 -

TAP

E-Learning
$1M04 Oct 2023 -

palm.hr

Apps
Human Resources
Information Technology
SaaS
Software
$5M08 Feb 2023 Saudi Arabia, Riyadh Region, Saudi Arabia

Wafeq وافق

Accounting
Financial Services
Information Technology
Software
$3M25 Jan 2023 Dubai, United Arab Emirates

Salus Mental

Health Care
14 Oct 2022 -

Dukkantek

Business Development
Digital Marketing
Information Technology
Retail Technology
$10M15 Aug 2022 Dubai, United Arab Emirates

Believe

Beauty
Cosmetics
E-Commerce
Personal Health
$55M21 Apr 2022 Singapore, Central Region, Singapore

Shift EV

Consumer Electronics
Electric Vehicle
Technical Support
$9M08 Apr 2022 Egypt, Texas, United States

Skillbee

Apps
Internet
Publishing
Skill Assessment
Training
$3M23 Mar 2022 Delhi, Delhi, India
News
LambaTest Raises $16M in Series B Funding

– LambdaTest is a cloud browser testing platform.
– The company raised $16M in Series B funding.
– The round was led by Sequoia Capital India with participation from Telstra Ventures, Wamda Capital and a sovereign wealth fund.
– The new investment will be used to expand operations and business reach.

Now Money Secures $7M in Funding

– NOW Money from Dubai is a fintech company that provides a digital banking solution for low-income migrant workers.
– The company raised $7m in funding led by Anthemis Exponential Ventures.
– The round was also joined by a consortium of investors including Knuru Capital, Wamda, Commercial Bank of Dubai, DIFC FinTech Fund, Accion Venture Lab, Greenhouse Capital and Hambro Perks Oryx Fund.
– The new investment will be used to expand into the Kingdom of Saudi Arabia.

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Total investments 110
Average round size 12M
Rounds per year 11.00
Peak activity year 2021
Lead investments 10
Follow on index 0.38
Exits 2
Group Appearance index 0.92

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Salus Mental

Health Care
$4M20 Nov 2023 -

TAP

E-Learning
$1M04 Oct 2023 -

palm.hr

Apps
Human Resources
Information Technology
SaaS
Software
$5M08 Feb 2023 Saudi Arabia, Riyadh Region, Saudi Arabia

Wafeq وافق

Accounting
Financial Services
Information Technology
Software
$3M25 Jan 2023 Dubai, United Arab Emirates

Salus Mental

Health Care
14 Oct 2022 -

Dukkantek

Business Development
Digital Marketing
Information Technology
Retail Technology
$10M15 Aug 2022 Dubai, United Arab Emirates

Believe

Beauty
Cosmetics
E-Commerce
Personal Health
$55M21 Apr 2022 Singapore, Central Region, Singapore

Shift EV

Consumer Electronics
Electric Vehicle
Technical Support
$9M08 Apr 2022 Egypt, Texas, United States

Skillbee

Apps
Internet
Publishing
Skill Assessment
Training
$3M23 Mar 2022 Delhi, Delhi, India
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