Fundraising FoxArzan VC
Venture capitalKuwait City · Pre-Seed–Series B · 6 people tracked
Also known as Arzan
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Investment thesis
Arzan VC invests in technology-driven startups, primarily across the MENA region, with a focus on sectors including fintech, e-commerce, logistics, marketplaces, mobility, SaaS and consumer technology. The firm positions itself around backing ambitious founders and building alongside them, emphasizing hands-on partnership and capital that goes beyond funding. Its portfolio spans early to growth stages and includes notable regional companies such as Careem, Swvl, TruKKer, Tamatem and Hala. Beyond direct investing, Arzan VC operates a venture studio to help create and build new companies, reflecting a dual 'we back, we build' approach to supporting technology entrepreneurship.
Source: firm website, verified Oct 2, 2026.
Team · 6 people
from the firm's website & public directories
What they invest in
from 38 of 53 portfolio companiesSaaS ×19Fintech ×13Consumer ×10Enterprise Software ×9AI & Machine Learning ×8E-commerce ×8Logistics & Supply Chain ×6Retail Tech ×5
HQs:United Arab Emirates×7Egypt×6Saudi Arabia×5United States×5Kuwait×2Canada×1
Who they back
founder profiles across 22 portfolio companiesFounding team size:solo founder×82 founders×53 founders×54+ founders×4
Where their founders studiedfrom 26 founders with education data
Cairo University ×3Stanford University ×3Birla Institute of Technology and Science, Pilani ×2Harvard University ×2London Business School ×2Princess Sumaya University for Technology ×2Stanford University Graduate School of Business ×2The German University in Cairo ×2
What their founders studiedfrom 26 founders with field-of-study data
Computer Science ×14Engineering ×7Business & Management ×5Finance & Accounting ×4Economics ×2
Where their founders worked beforefrom 29 founders with career history
IBM ×4Cisco ×3robusta studio ×2Tivarri Limited ×2Voicea ×2
Accelerator rootsportfolio companies that came through a program
6 hold an MBA (of 27 with degree data)
Investments · 53 tracked
founders shown can be your intro pathBy year:2025 · 22024 · 22022 · 32021 · 22020 · 22019 · 12018 · 22015 · 115 dated
Swvl provides a mobility platform for managing transit and fleet operations.
Enterprise SoftwareLogistics & Supply ChainMobility & TransportationSaaSDubai, EG
Ahmed Sabbah(Interim Chief Financial Officer)inMostafa Kandil(Chief Executive Officer and Chairman)inAbdullah Mansour(Interim Chief Financial Officer)inGbenga Oyebode(Director)Bjorn von Sivers(Director)Steve Albrecht(Director)
Co-investorsAutotech VenturesCapria VenturesCedar Mundi VenturesCOTU VenturesDASH VenturesRAED Ventures+7 more
Boxit Storage provides on-demand and self storage, plus packing, pickup, delivery, and moving services for individuals, e-commerce businesses, and companies.
ConsumerLogistics & Supply Chain
Co-investorsCedar Mundi Ventures
Careem operates an "everything app" for the greater Middle East, offering ride-hailing, food and grocery delivery, and payments to consumers across the region.
ConsumerFintechLogistics & Supply ChainMobility & TransportationDubai, AE
Karl Magnus Olsson(Founder)inAbdulla Elyas(Founder)Abdullah Elyas(Founder)Magnus Olsson(Founder)Mudassir Sheikha(Founder)
Co-investorsBling CapitalCedar Mundi VenturesCoatue ManagementCOTU VenturesDCM VenturesIris Capital+9 more
Carseer provides vehicle history reports generated from a car's VIN (chassis number).
ConsumerMobility & TransportationSaaS
Co-investorsCedar Mundi Ventures
Cartlow is an online marketplace selling discounted products such as electronics and consumer goods, including refurbished and open-box items, to retail shoppers.
Circular EconomyE-commerceMarketplacesDubai, AE
Co-investorsCedar Mundi VenturesVision Ventures
Citron designs and sells personalizable children's products such as insulated stainless steel bottles and lunchware, made from BPA-free, food-grade 304 stainless steel.
ConsumerDirect to ConsumerE-commerce
Co-investorsCedar Mundi Ventures
Classcard is scheduling and management software that lets class providers organize staff and student schedules, share feedback and grades, automate workflows, and manage multiple locations from one place.
EdTechEnterprise SoftwareSaaS
Anuj Chhabria(Founder)in
Co-investorsCedar Mundi VenturesTinySeed
Cognitev.ae develops AI and machine learning solutions focused on business intelligence and AI in finance, converting large volumes of information into analytics and insights to support data-driven decision-making for enterprises.
AI & Machine LearningEnterprise SoftwareFintech
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-investorsAlgebra VenturesVentureSouq
Crowd Analyzer provides market research and digital insights for businesses operating in the MENA region by analyzing digital activities and consumer behavior data.
AI & Machine LearningData & InfrastructureMarketing TechSaaSDubai, EG
Co-investorsCedar Mundi VenturesRAED VenturesTech Invest ComFaith CapitalWamda Capital
Elevatus offers an AI-powered hiring platform that automates candidate sourcing, evaluation, and hiring workflow for enterprises.
AI & Machine LearningEnterprise SoftwareHR TechSaaS
Co-investorsCapria VenturesCedar Mundi VenturesGlobal VenturesJasoor VenturesOTF Jasoor VenturesWa'ed Ventures
The page is an affiliate-style review of "Pin Up Casino," an offshore online gambling platform offering casino games, live dealer tables, crash titles like Aviator, and sports betting, targeted at Indian players.
Co-investorsCedar Mundi VenturesEgypt VenturesSawari VenturesKhwarizmi Ventures
FittiCoin is a mobile fitness rewards app that automatically tracks users' steps and converts activity milestones into an in-app currency (FittiCoins) that can be redeemed for vouchers, food credit, and products from partner brands, banks, and retailers.
ConsumerSports TechWellness & Fitness
Hakam Shami(Founder)in
Co-investorsCedar Mundi Ventures
The page hosted at this domain is "Jalalive," a free football (soccer) live-streaming site aimed at Indonesian fans, offering live match streams, schedules, scores, standings, and news from major leagues via browser or an Android app.
ConsumerMedia & Entertainment
Co-investorsCedar Mundi VenturesNuwa Capital
Gameball is a customer loyalty and retention platform that adds gamification elements—points, cashback, tiers, missions, and challenges—along with personalized offers and segmentation across web, mobile, and in-store channels.
Enterprise SoftwareMarketing TechRetail TechSaaSSan Francisco, US
Ahmed Khairy(Founder)inAhmed AbdelraoufinAhmed El Assy(Founder)inOmar Alfar(Founder)in
Co-investors500 GlobalP1 VenturesLaunch Africa VenturesPropeller Inc.SEEDRA Ventures
GoPillar is an online marketplace for architectural and interior design that connects clients with a global community of architects and designers through design contests.
Construction TechEdTechMarketplacesPropTech
Alessandro RossiinFederico Schiano di PepeFilippo Schiano di Pepe
Co-investors500 GlobalCedar Mundi VenturesDraper AssociatesLVenture Group
Hala is a Saudi fintech platform that provides small and medium-sized businesses with digital tools to accept payments, manage cash flow, and track sales performance.
Enterprise SoftwareFintechRetail TechSaaS
عصام النهدي(شريك مؤسس ورئيس مجلس الإدارة)ماهر لوبيه(شريك مؤسس وعضو مجلس الإدارة)Esam Alnahdi(Founder)Maher Loubieh(Founder)
Co-investorsavraKhwarizmi VenturesMiddle East Venture Partners (MEVP)RAED VenturesWamda CapitalAll In Capital+8 more
Haseel (حصيل) is a mobile app for ordering fresh vegetables and fruits, fulfilled from the nearest branch and delivered quickly.
ConsumerE-commerceFoodTechRiyadh, SA
Sultan Al-Haddab
Co-investors500 GlobalVision Ventures
Cloud kitchen operator offering Kitchen-as-a-Service (acquired by REEF Technology in 2021).
Co-investors12X VCBY Venture PartnersSavour VenturesWamda Capital
Khazenly provides outsourced fulfillment and logistics services to retailers in its region, using technology to coordinate operations.
Cairo, EG
Ahmed Dewidar(Founder)inMohamed Younes(Founder)in
Co-investors500 GlobalEgypt VenturesLoftyInc CapitalShorooq PartnersCamel Ventures
Klaim provides invoice financing and working capital solutions to healthcare providers, SMEs, and real estate agents facing cash flow delays, delivering funds within 24 hours.
Climate TechFintechInsurTechAbu Dhabi, AE
Karim DakkiinAhmad GhafourKarim Dakki Ghafoor Ahmad(Founder)
Co-investorsMad'a Investment CompanyTechstarsCDG Invest
Mejuri is a jewelry brand that designs and sells fine jewelry directly to consumers, with a philanthropic program (the Empowerment Fund, purpose-driven products, and corporate giving) supporting women and underrepresented communities.
ConsumerDirect to ConsumerE-commerceRetail TechToronto, CA
Majed MasadinNoura Sakkijha(CEO)in
Co-investors12X VC500 GlobalCedar Mundi VenturesDASH VenturesFELIX CAPITALFounderFuel+3 more
Money Fellows operates a digital platform offering money circles (ROSCAs), where users join a monthly circle and receive a lump-sum payout on a chosen turn, including a debt repayment circle to clear debts in one payment without added interest.
ConsumerFintech
Ahmed Wadi(Founder)inAdham Badr
Co-investors4DX Ventures500 GlobalCommerzVenturesDubai Angel InvestorsInvenfinMiddle East Venture Partners (MEVP)+5 more
UAE subscription-based food delivery platform for discounted meals, acquired by Careem in 2022.
Mohammad Al Zaben(Founder)in
Co-investorsWamda Capital
NearPay builds payments infrastructure and point-of-sale solutions for merchants in the MENA region and beyond.
Developer ToolsEnterprise SoftwareFintechRetail TechSaaS
Mohammad
Co-investorsVision VenturesHALA VenturesSanabil Investments
Onfleet provides delivery management software for businesses of all sizes, offering route optimization, driver and customer communication tools, mobile apps, and reporting and analytics.
AI & Machine LearningLogistics & Supply ChainMobility & TransportationSaaSSan Francisco, US
Mikel Carmenes Cavia(Founder)inKhaled Naim(Founder)inDavid Vetrano(Founder)in
Co-investorsCedar Mundi VenturesDorm RoomForefront VentureHemisphere Ventures LLCJude GomilaMultiplier Capital+6 more
Paymennt (PointCheckout FZ-LLC) operates a digital payment services platform that lets merchants accept and manage payments across channels, including payment links, automated payment requests, an online shop, tap-to-pay on smartphones, QR-code payments, and event ticketing.
E-commerceFintechSaaSDubai, AE
Co-investorsOraseya Capital
Saudi cloud accounting, POS and ZATCA-certified e-invoicing platform for SMEs, founded in Riyadh in 2016.
Co-investorsCedar Mundi VenturesMerak Capital
REEF converts underused parking lots and garages into neighborhood hubs hosting ghost kitchens, delivery, retail and healthcare.
Miami, US
Ari Ojalvo(Executive Officer, Director)Adan Gossar(Executive Officer)inCarl Segal(Executive Officer)Jillian Hunt(Executive Officer)inDavid Kownator(Executive Officer)inMatt Lindenberger(Executive Officer)in
Co-investorsATEL VenturesBY Venture PartnersLDR VenturesPNYX VenturesSoftBank Vision FundTarget Global+5 more
Repzo is a cloud-based sales and field force management platform that lets companies track field reps via GPS, optimize routes, handle invoicing and payments, and build BI dashboards with real-time reporting.
Logistics & Supply ChainSaaSSales Tech
Co-investorsCedar Mundi VenturesJabbar Internet GroupShorooq Partners
Revenya provides revenue-based financing (RBF) to venture-backed startups, offering non-dilutive capital repaid as a percentage of monthly revenue.
AI & Machine LearningFintechSaaS
Shieldfy analyzes code commits and pull requests to give developers security feedback early in the development cycle, flagging vulnerabilities while aiming to avoid false positives.
CybersecurityDeveloper ToolsSaaS
Subsbase is a subscription management platform that helps subscription-based businesses handle and optimize their recurring revenue streams, with integrations to support scaling.
Enterprise SoftwareFintechSaaS
Mohamed Farag(Founder)Sherif Aziz(Founder)in
Co-investorsCapria VenturesCedar Mundi VenturesFalak StartupsIngressive CapitalP1 VenturesWamda Capital+3 more
Sylus is an AI-powered data analytics tool that lets executives and managers query their business data in plain English instead of building reports or writing SQL.
AI & Machine LearningData & InfrastructureSaaS
Taker provides a restaurant management and ordering platform that serves independent and chain restaurants with ordering, delivery, discovery, and growth tools.
B2B MarketplacesConsumerFoodTechMarketing TechSaaS
Abdullah Alsaadiin
Co-investors500 GlobalCedar Mundi VenturesDigital Currency GroupDragonflyElectric CapitalTHE LAO
Tamatem localizes mobile games for Arabic-speaking players, adapting language, content and cultural references for the Middle East and North Africa market.
FintechGaming
Hussam Hammo(Founder)inRami HammadinSohaib Thiabin
Co-investors500 GlobalCedar Mundi VenturesFundersClubKima VenturesMI VenturesMSA Novo+7 more
Thamra is a regulated real estate investment platform that lets individuals invest in income-generating properties and earn rental returns, with portfolio tracking for performance and distributions.
FintechPropTech
The Luxury Closet is an online marketplace for buying and selling pre-owned luxury goods, including designer handbags, watches, fine jewelry, clothing, shoes, and accessories from brands such as Chanel, Louis Vuitton, Hermes, and Rolex.
Circular EconomyE-commerceMarketplaces
Co-investorsCedar Mundi VenturesEQ2 VenturesTech Invest ComWamda Capital
TruKKer operates an AI-powered freight platform that connects shippers with verified carriers and fleet owners, offering truck capacity, real-time shipment tracking, and competitive pricing.
AI & Machine LearningB2B MarketplacesLogistics & Supply Chain
Gaurav Biswas(Founder)inPradeep M
Co-investors12X VC500 GlobalAlexander Geza Marcus PejacsevichCedar Mundi VenturesFox VenturesIliad Partners+12 more
Wrappup makes a meeting productivity app for Android and iOS that records audio and applies AI to flag key moments and generate summaries.
Data & Infrastructure
Ayush ChordiainRami SalmaninRishav Jalanin
Co-investors500 Global
Yasmina AI provides an API-based embedded insurance solution that lets online businesses offer coverage—such as motor, travel, home, and SME medical insurance—directly at checkout.
AI & Machine LearningE-commerceFintechInsurTech
A BinobaidAhmad LahaminAlraggas MohammedAsim Mansimohamed elhelow
Co-investors500 Global
Zid is an e-commerce platform that lets merchants build, manage, and grow online stores with integrated payments, global shipping, financing, and marketing tools, plus a POS system (Zid Cashier) for offline sales.
E-commerceRetail TechSaaS
Mazen AlDarrab(Founder)
Co-investorsCapria VenturesCedar Mundi VenturesGlobal VenturesMSA NovoElmImpact46
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Merit provides loyalty management, rewards, and employee engagement platforms that help businesses retain customers and motivate employees through customizable points programs, gift card solutions, and redemption systems.
Enterprise SoftwareHR TechMarketing TechSaaS
Co-investorsCedar Mundi VenturesOryx FundSalica InvestmentsTech Invest ComImpact46
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Armada DeliveryBellgramDalooniHulexoJamalonPOSRocketYammYozo
Exits · 4
1 IPOs · 3 acquisitions · showing 2SWVLNASDAQ: SWVLBidvineacq. by Bark.com
Portfolio news
latest coverage across their companiesKlaim · fintech.global · Oct 28, 2025
Hala · finsmes.com · Sep 15, 2025
Frequently asked questions
- How many investments has Arzan VC made?
- Arzan VC has 53 tracked investments, 4 of which have exited, including 3 dated in the last 24 months.
- What stage does Arzan VC invest at?
- Arzan VC invests at the Pre-Seed, Seed, Series A, Series B stages.
- What sectors does Arzan VC focus on?
- Arzan VC focuses on AI & Machine Learning, B2B Marketplaces, Consumer, E-commerce, Fintech, Gaming, HR Tech, InsurTech, Logistics & Supply Chain, Marketplaces, Mobility & Transportation, PropTech, SaaS.
- Where is Arzan VC located?
- Arzan VC is headquartered in Kuwait City, KW.
- Who does Arzan VC co-invest with?
- Arzan VC most often shares deals with Cedar Mundi Ventures, 500 Global, Wamda Capital, among 85 tracked co-investors.
- What size deals does Arzan VC back?
- Across 6 deals with disclosed amounts, Arzan VC has joined rounds of $2M – $31M (median $3M).
Co-investors · 2
500 Global (formerly 500 Startups) is a venture capital firm whose flagship Silicon Valley strategy backs promising technology companies from pre-seed onward across a range of sectors and geographies.
Partech is a global venture capital firm supporting founders across multiple continents and investment stages through dedicated teams and funds.
Firms observed investing alongside Arzan VC, from public investor directories. Shared companies are the overlap with Arzan VC's recorded portfolio.
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