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Algebra Ventures

Venture capital

Cairo · Seed–Series B · 7 people tracked

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Investment thesis

Egypt's leading tech VC since 2016, partnering with bold, resilient founders across MEA and providing a diverse, experienced team of founders, geeks and operators focused on tech's positive impact.

Invests inEdTechEnterprise SoftwareFintechRetail TechSaaSAfricaCairoEgyptMiddle East & North Africa
Stage
Seed–Series B
Check
$500K – $4M
HQ
Cairo, EG
Leads rounds
Follows
Instruments
Equity
Founded
2016
AUM
$154M
Tracked investments
31

Team · 7 people

from public directories
Khaled Ashraf· Associatein
Omar Shazly· Analystin

What they invest in

from 14 of 31 portfolio companies

Marketplaces ×4Consumer ×3Enterprise Software ×3SaaS ×3B2B Marketplaces ×2E-commerce ×2EdTech ×2Fintech ×2

HQs:Egypt×5United States×1

Investments · 31 tracked

founders shown can be your intro path
Cartonacartona.comin𝕏

Cartona operates a B2B e-commerce marketplace that digitizes Egypt's traditional trade market, connecting retailers such as mom-and-pop stores, hotels, restaurants, and cafes with FMCG companies and wholesalers.

B2B MarketplacesE-commerceRetail Tech

Connectconnect.moneyin
Deep Echodeepecho.ioin

DeepEcho works on maternal and newborn health care, aiming to make high-quality prenatal care universally accessible for pregnant women and children.

Digital HealthFemTechHealthtech

Dsquaresdsquares.comin𝕏

Dsquares provides end-to-end customer loyalty solutions, including a plug-and-play loyalty platform, program strategy and operations, rewards management, and analytics for brands.

Enterprise SoftwareMarketing TechSaaS

Dxwanddxwand.cominDec 2023

Ras Alkhaimah

Ahmed Ahmed Mahmoud Mohammed(Executive Officer, Director)

Efreshliefreshli.comin

eFreshli sells curated summer interior and home essentials with delivery in 3-5 days, and offers interior design services covering concept to completion.

ConsumerDirect to ConsumerE-commerce

elmenuselmenus.comin𝕏

elmenus is an online food ordering and delivery platform that lets consumers order from restaurants and track their orders through the delivery process without phone calls.

ConsumerFoodTechMarketplaces

Enzagroupenzagroup.globalin
Eventtuseventtus.com
Filkhedmafilkhedma.comin𝕏

FilKhedma is a home services platform that connects customers with vetted technicians and certified cleaners for household maintenance and cleaning, managed through its app.

ConsumerMarketplaces

Goodsmartgoodsmartegypt.com
Holidaymeholidayme.comin𝕏
Iamlyveiamlyve.comin

Lyve provides a customizable, white-label app and cloud-hosted platform for managing residential communities, integrating various systems into a single user interface for residents.

Cloud ComputingPropTechSaaS

Khanzakhazna.app
Know moreorcas.ioin

Orcas provides 1-on-1 private tutoring for school students from kindergarten through grade 12 (and university), offered online or at home across all subjects.

EdTechMarketplaces

Lareinagownslareinagowns.com
Littlethinkingmindslittlethinkingminds.comin𝕏

Little Thinking Minds builds gamified digital platforms for teaching Arabic literacy to K-12 students, including "I Read Arabic" for native speakers, "I Start Arabic" for non-native speakers, and a KG program for early childhood.

EdTech

Mnt Halanmnt-halan.comin𝕏

Mnt-Halan is a fintech company offering multiple lending products including microfinance, SME loans, nano loans, buy-now-pay-later services, and vehicle finance in Egypt.

FintechCairo, EG

Mozare3mozare3.netin𝕏

Mozare3 is an agri-fintech company offering an app that provides farmers with agronomic technical support, contract farming, market access for food manufacturers, and financing for inputs such as pesticides, seedlings, and fertilizers.

AgTechFintech

Mtormtor.co
Octane Techoctane-tech.ioin
Olivoliv.finance
Posrocketposrocket.com
Sakneensakneen.comin𝕏

Sakneen provides a sales and inventory management platform for real estate professionals, enabling online transactions, CRM synchronization, and property distribution across sales teams.

Enterprise SoftwarePropTechSaaSCairo, EG

Ramy Khorshed(Founder)inHussein Elkheshen(Founder)in

Shift EVshift-ev.comin

Shift EV converts commercial vehicle fleets to electric by retrofitting existing vehicles with battery packs and electric powertrains.

Advanced ManufacturingCleantechClimate TechLogistics & Supply ChainMobility & TransportationBoston, US

Aly Eltayeb(Executive Officer, Director)

Sylndrsylndr.comin
Tap Mangolist-manage.com
Theluckythelucky.app
Trellatrella.appin𝕏

Trella operates a digital freight marketplace connecting shippers with vetted carriers for trucking and logistics across Egypt, Saudi Arabia, and the UAE.

B2B MarketplacesEnterprise SoftwareLogistics & Supply ChainMarketplacesCairo, EG

Omar Hagrass(Founder)inAli El Atrash(Founder)inPierre Saad(Founder)in

Yodawyyodawy.comin
YoLa Freshyolafresh.com

Frequently asked questions

What stage does Algebra Ventures invest at?
Algebra Ventures invests at the Seed, Series A, Series B stages.
What is Algebra Ventures's typical check size?
Algebra Ventures typically writes checks of $500K – $4M.
What sectors does Algebra Ventures focus on?
Algebra Ventures focuses on EdTech, Enterprise Software, Fintech, Retail Tech, SaaS.
Where is Algebra Ventures located?
Algebra Ventures is headquartered in Cairo, EG.
Does Algebra Ventures lead rounds?
Algebra Ventures typically participates in rounds rather than leading them.

Media · Podcasts & interviews

featuring the team

Investor Connect - 393 - Tarek Assaad of Algebra Ventures

Hall Martin · Tarek Assaad

#109 MENA Special Series - Laila Hassan, Algebra Ventures

The European VC · Laila Hassan

Laila Hassan: Algebra's First Female General Partner | Algebra Ventures announced the appointment of two new general partners for their second fund worth $90 million. Laila Hassan the first female General... | By WAYA Media

Laila Hassan · facebook.com

Co-investors · 9

Quona Capital

Quona Capital is a venture capital firm that invests in fintech companies expanding financial access in emerging markets across Latin America, India, Southeast Asia, and EMEA.

Both backed · 2
EnzagroupKhanza
$5M
Union Square Ventures (USV)

Union Square Ventures is a venture capital firm based in New York City that invests in companies at the edge of large markets being transformed by technological and societal pressures.

Both backed · 1
$1M – $20M
Plus VC

Plus VC (+VC) is a MENA-focused early-stage investor with Silicon Valley origins that has backed over 250 startups across 15 MENA countries, providing capital plus training, mentorship, and community support.

Both backed · 1
Dxwand
$100K – $500K
Development Partners International

Development Partners International (DPI) is a pan-African private equity firm that deploys global capital and expertise to support high-growth and impactful companies across Africa.

Both backed · 1
Antler

Antler is an early-stage venture capital firm operating across major technology ecosystems worldwide, backing entrepreneurs from company formation onward and supporting a large global portfolio of startups, including many AI companies.

$3M – $10M
OMERS Ventures

OMERS Ventures is the venture capital arm of the OMERS pension plan, investing in early-stage technology founders building solutions across North America and Europe.

$3.6M – $18.3M
DFF Ventures

DFF Ventures is an early-stage investment fund with a hands-on, no-nonsense approach to company building, backing founders known for grit and execution. Its team draws on experience building companies such as WeTransfer, Just Eat, Hiber, Treatwell, and fonQ.

$275K – $2.8M

Firms observed investing alongside Algebra Ventures, from public investor directories. Shared companies are the overlap with Algebra Ventures's recorded portfolio.

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