iMENA Group
Venture capitalRiyadh · Seed–Series A · 3 people tracked
Investment thesis
iMENA takes a founder-first, operator-led approach rooted in its team's own experience building and scaling startups across the MENA region. The firm builds and invests in innovative online platforms that it believes advance economies and improve lives. Its investment focus centers on business models addressing key needs in large markets, powered by innovative technology and defensible network effects. Beyond capital, iMENA emphasizes active involvement—guiding, helping, and leading portfolio companies as needed, and offering founders access to a network of specialists, advisors, and partners to support companies from early idea stage through to exit.
Source: firm website, verified Aug 3, 2026.
Team · 3 people
from the firm's website & curated
What they invest in
from 3 of 4 portfolio companiesE-commerce ×2Marketplaces ×2Consumer ×1Fintech ×1Mobility & Transportation ×1SaaS ×1
HQs:United Arab Emirates×1Saudi Arabia×1
Investments · 4 tracked
founders shown can be your intro pathJeeny operates a ride-hailing platform connecting passengers with drivers for on-demand rides, offering riders multiple payment options and discounts, and drivers flexible earning opportunities with incentives.
MarketplacesMobility & TransportationRiyadh, SA
Eugen Brikcius(Early Managing Director / later Co-CEO)inHammad Ehtesham(CEO)in
Co-investorsRocket Internet SESnowflake VenturesFJ LabsSanabil Investments
OpenSooq is an online classifieds platform where buyers and sellers connect across categories including cars, real estate, jobs, and consumer goods.
ConsumerE-commerceMarketplaces
PartnerAdey Salamin· led
The Middle East's first online car trading marketplace, offering a fast and hassle-free way to sell a used car; positioned as the region's leading used car marketplace and the largest car buyer in the UAE.
Co-investorsCOTU Ventures
Portfolio news
latest coverage across their companiesJeeny · arabnews.com · May 3, 2025
Frequently asked questions
- What stage does iMENA Group invest at?
- iMENA Group invests at the Seed, Series A stages.
- What sectors does iMENA Group focus on?
- iMENA Group focuses on E-commerce, Fintech, Marketplaces, Mobility & Transportation.
- Where is iMENA Group located?
- iMENA Group is headquartered in Riyadh, SA.
- Does iMENA Group lead rounds?
- Yes, iMENA Group leads investment rounds.
- Who does iMENA Group co-invest with?
- iMENA Group most often shares deals with COTU Ventures, Rocket Internet SE, Snowflake Ventures, among 3 tracked co-investors.
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