Algebra Ventures
Venture capitalCairo · Seed–Series B · 7 people tracked
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.
Team · 7 people
from public directories
What they invest in
from 26 of 32 portfolio companiesFintech ×7SaaS ×7Enterprise Software ×5Marketplaces ×5E-commerce ×4Logistics & Supply Chain ×4B2B Marketplaces ×3Consumer ×3
HQs:Egypt×10United Arab Emirates×1Morocco×1Saudi Arabia×1United States×1
Investments · 32 tracked
founders shown can be your intro pathCartona 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
Co-investorsCapria VenturesSilicon Badia
Connect Money offers a platform for businesses to issue white-labeled payment cards, enable digital payments, provide credit and lending to customers including the unbanked, and run customer rewards programs.
FintechSaaS
Co-investorsVentureSouq
Cylinder Health is a data-driven digestive health organization that develops value-based care programs, products, and payment models in the gastrointestinal space.
Digital HealthHealthtech
Co-investors7wire VenturesBig Pi VenturesCorewell Health VenturesDistributed VenturesFCA Venture PartnersHealth Catalyst Capital+3 more
DeepEcho works on maternal and newborn health care, aiming to make high-quality prenatal care universally accessible for pregnant women and children.
Digital HealthFemTechHealthtech
Co-investorsAsia Africa Investment & Consulting (AAIC)UM6P Ventures
DXwand builds ORXTRA, a generative AI platform that deploys AI agents integrating with enterprises' unstructured data, knowledge bases, and existing systems.
AI & Machine LearningEnterprise SoftwareSaaSRas Alkhaimah
Ahmed Mahmoud(Founder)Ahmed Ahmed Mahmoud Mohammed(Executive Officer, Director)
Co-investorsPlus VCShorooq Partners
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-commercePropTech
heba elgabaly
Co-investors500 Global
enza builds cloud-native, open-API payment processing solutions that let banks and fintechs offer digital payments without replacing their core systems.
Cloud ComputingFintechSaaS
Co-investorsQuona Capital
Eventtus, headquartered in the United Arab Emirates, offers an event engagement platform used by organizers and attendees.
HR Tech
Ahmed ShreefMai MedhatNihal Fares
Co-investors500 GlobalRAED Ventures
Goodsmart is an Egyptian online grocery service that aggregates products from local shops and suppliers.
E-commerceFoodTech
Ahmed FawziAhmed SudanAmr FawziRami Nassar
Co-investors500 GlobalSavour VenturesSawari Ventures
Holidayme provides a B2B travel technology platform that lets airlines, DMCs, tourism boards, and travel companies build dynamic packages, distribute over 1 million hotels and 400+ airlines, process payments, and launch white-label booking storefronts.
Enterprise SoftwareSaaSTravel & Hospitality
Co-investorsBY Venture PartnersIntres Capital Partners
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
Riyadh, SA
Omar Salah(Founder)
Co-investorsAccionKhwarizmi VenturesQuona CapitalShorooq Partners
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
Co-investorsMindshift Capital
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
Co-investorsDevelopment Partners International
Octane is a digital wallet for vehicles that manages and controls fuel and fleet-related payments, offering fraud controls, fleet analytics, and single e-invoicing across a network of 2,400 stations.
FintechLogistics & Supply ChainMobility & TransportationCairo, EG
Amr Gamal(CEO)Ziad El Adawy(CCO)Hatem Farag(COO)
Co-investorsShorooq Partners
Oliv offers a digital working capital financing product that uses a credit engine to analyze a business's performance and assign available credit within minutes.
Fintech
Co-investorsAlter GlobalEnza Capital
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
Co-investorsAcasia VenturesCairo Angels Syndicate Fund
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
Co-investorsFoundation VenturesY Combinator
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)
Co-investorsUnion Square Ventures (USV)Wamda CapitalUSV 2024
Sylndr is an online platform for buying and selling used cars, offering vehicles that it owns and reconditions with a 200-point inspection, 90-day warranty, and 7-day return policy.
E-commerceMarketplacesMobility & TransportationCairo, EG
Amr Mazen(Founder)
Co-investorsLoftyInc CapitalNuwa CapitalRAED Ventures
Co-investorsACT Venture PartnersAngel ForumCamelback VenturesCollide CapitalDesigner FundEcotone Partners+11 more
Co-investorsTofino Capital
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
Co-investors4DX VenturesFlucas VenturesFoundation VenturesLoftyInc CapitalMaersk GrowthNext Billion Capital Partners+4 more
Yodawy is a healthcare platform that manages medication access, letting patients upload prescriptions or order OTC products for delivery from nearby pharmacies while also acting as a Pharmacy Benefits Manager for health insurers, TPAs, and corporates.
Digital HealthFintechHealthtech
Yasser AbdelGawad(Founder)in
Co-investorsAMK Investment OfficeCapria VenturesP1 Ventures
YoLa Fresh operates a technology-driven fresh produce supply chain connecting farmers with retailers and end consumers in Africa.
AgTechB2B MarketplacesLogistics & Supply ChainCasablanca, MA
Larbi Alaoui Belrhiti(Founder)
Co-investorsE3 CapitalJANNGO Capital
Portfolio news
latest coverage across their companiesCylinder · fiercehealthcare.com · Aug 5, 2026
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.
- Who does Algebra Ventures co-invest with?
- Algebra Ventures most often shares deals with Designer Fund, Eudemian Ventures, Glynn Capital Management, among 17 tracked co-investors.
Media · Podcasts & interviews
featuring the teamInvestor 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 is a venture capital firm that invests in fintech companies expanding financial access in emerging markets across Latin America, India, Southeast Asia, and EMEA.
Union Square Ventures is a venture capital firm based in New York City that invests at the edge of large markets undergoing transformation from technological and societal pressures.
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.
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.
Antler is a global early-stage venture capital firm that backs founders from the first check through to IPO, operating across roughly 30 locations worldwide.
OMERS Ventures is a venture capital firm that invests in founders globally, with investment teams based in New York, Palo Alto, and Toronto.
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.
Firms observed investing alongside Algebra Ventures, from public investor directories. Shared companies are the overlap with Algebra Ventures's recorded portfolio.
Similar investors
AirTree Ventures runs Pathfinders, a free four-week in-person program in Sydney for young builders (high-school graduates up to age 23) to work on a real product, access the AirTree team and founders, and build a peer network.
Blume Ventures is a seed and pre-Series A investment firm headquartered in Mumbai that focuses on early-stage companies in India.
Khosla Ventures is a venture capital firm that invests in early-stage companies focused on technology, mobile, and clean energy sectors, including biotechnology applications. The firm provides capital and strategic support to entrepreneurs developing breakthrough technologies across multiple markets.
Kibo Ventures is a Spanish venture capital firm that backs startups, having served as an early and long-term institutional investor to companies across Spain and Europe.
Lightbank is a Chicago-based venture capital firm that invests in early-stage technology companies and provides operational support to portfolio companies. The firm was founded by Eric Lefkofsky and Brad Keywell, entrepreneurs behind Groupon, Mediaocean, InnerWorkings, Echo Global Logistics, and Uptake.