STV
Venture capitalDubai · Seed–Late Stage · 17 people tracked
Investment thesis
STV backs technology companies across MENA, providing capital, insights, networks, and resources to help startups gain a competitive edge. Operating since 2018, the firm invests across venture capital and growth equity, and has launched a dedicated AI Fund (backed by Google) to support AI-native startups at early stages and accelerate their growth beyond the region. STV also runs STV Alpha, a track designed to attract top talent into venture capital and entrepreneurship, giving participants hands-on venture investing experience while exploring building their own ventures.
Source: firm website, verified Aug 3, 2026.
Team · 17 people
from the firm's website
Founder mafia
2 people who came through STV went on to found or lead other companies.
What they invest in
from 28 of 36 portfolio companiesFintech ×10Consumer ×9AI & Machine Learning ×6SaaS ×6Marketplaces ×5E-commerce ×4Enterprise Software ×4FoodTech ×4
HQs:Saudi Arabia×15United Arab Emirates×5United States×2Bahrain×1
Investments · 36 tracked
founders shown can be your intro pathBy year:2025 · 22024 · 12023 · 12022 · 15 dated
Levers is a B2B finance software platform that modernizes accounts receivable processes and financial operations for businesses.
AI & Machine LearningEnterprise SoftwareFintechSaaSJeddah, SA
Ammar Alkhouli(Founder)inMotasim Zawawi(Founder)in
Co-investorsShorooq PartnersY Combinator
Calo is a meal subscription service that delivers fresh, ready-to-eat meals personalized to customers' dietary goals, designed by nutritionists and prepared by chefs with daily delivery and menu customization via an app.
ConsumerDirect to ConsumerFoodTechMedia & Entertainment
Ahmed Al RawiMahmood Shehabi
Co-investors500 GlobalKhwarizmi VenturesNuwa CapitalVision VenturesNama 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)in
Co-investorsUberCedar Mundi VenturesCoatue ManagementCOTU VenturesDCM VenturesIris Capital+4 more
Firefly operates a network of digital advertising screens on vehicles including car top displays and branded wraps on taxis and rideshare vehicles, delivering geo-targeted and contextually relevant messages to urban audiences across 60,000+ screens in the U.S. and 7 countries globally.
AdTechMarketing TechMarketplacesMedia & EntertainmentMobility & Transportation
Kaan Gunay(Founder)inOnur KardeşlerSteve Cymerman
Co-investorsNFX500 Emerging Europe500 GlobalCaruso VenturesChesterfield FundMaC Venture Capital+8 more
Floward is a Saudi Arabia-based company that operates an online flower and gift delivery service.
ConsumerE-commerce
Abdulaziz Al LoughaniKhalid AlbaderSaul MartinezTaiba Al-Humaidhi
Co-investors500 GlobalImpact46
Foodics provides a cloud-based point-of-sale and restaurant management system that lets food and beverage businesses handle orders, payments, inventory, customer loyalty programs, and integrations through an app marketplace.
FoodTechFuture of WorkMedia & EntertainmentRetail TechSaaS
Ahmad Al-ZainiMusab AlothmaniClare RavenMahmoud Yousef
Co-investors500 GlobalCedar Mundi VenturesJabbar Internet GroupPeak XV PartnersRAED VenturesSavour Ventures+3 more
Gathern is an online booking platform for short-term rental properties in Saudi Arabia, offering chalets, farms, campsites, villas, apartments, studios, and resort units across more than 180 cities.
MarketplacesPropTechTravel & Hospitality
Eman AlsuwailemLatifah Altamimi
Co-investors500 GlobalVision Ventures
Golden Scent is an online retailer of perfumes, cosmetics, skincare, haircare, home fragrance, and personal care products from a wide range of international and Arabic brands.
ConsumerE-commerceRetail Tech
Co-investorsEQ2 VenturesRAED VenturesWamda Capital
Intelmatix builds industry-specific, context-aware AI agents for enterprises to support decision-making and business operations.
AI & Machine LearningEnterprise SoftwareSaaS
Co-investorsShorooq Partners
Invygo operates a car subscription and ownership platform in the Middle East, offering monthly rentals, weekly/daily short-term plans, and a 36-month subscribe-to-own model for car ownership without traditional bank financing.
B2B MarketplacesFintechMobility & TransportationDubai, AE
Eslam Ahmed HusseinPulkit Ganjoo
Co-investors500 GlobalAmaana CapitalEQ2 VenturesMiddle East Venture Partners (MEVP)Knollwood Investment AdvisorySignal Peak Ventures
Jasper provides an AI-powered platform for marketers and creators to generate and refine content.
AI & Machine LearningCreator EconomyEnterprise SoftwareMarketing TechSaaSAustin, US
Chris Hull(Founder/Vice President of Customer Success)inJP Morgan(Founder/CTO)inDave Rogenmoser(Founder)inJohn Philip Morgan(Executive Officer, Director, Promoter)Shane Orlick(Executive Officer)Timothy Youngin
Co-investorsAAF Management Ltd.Angel Collective Opportunity FundBessemer Venture PartnersCoatue ManagementHubSpot VenturesIVP (Institutional Venture Partners)+6 more
Morni is a Saudi automotive services platform offering an integrated ecosystem covering roadside assistance, vehicle auctions, parking/storage, maintenance, and insurance claims management through a unified app.
InsurTechMarketplacesMobility & Transportation
Co-investorsRAED Ventures
Mrsool is an on-demand delivery service offering food, grocery, and retail deliveries from restaurants, supermarkets, and various stores, along with a subscription plan (Mrsool Black) providing free delivery and discounts.
ConsumerLogistics & Supply ChainMarketplaces
Co-investorsRAED Ventures
An Italian-language online publication that produces articles across news, sports, lifestyle, and entertainment categories for general readers.
Media & Entertainment
Co-investorsWamda CapitalImpact46
Noon Academy is a social e-learning platform that connects students with teachers for group study and live interactive lessons.
ConsumerEdTechSocial
Co-investorsOutliers VCRAED Ventures
Co-investorsPartners for GrowthPartners for Growth (PFG)RAED VenturesUpper90
qlub provides QR-code-based pay-at-table, order-and-pay, digital menus, payment links, and a SoftPOS terminal that integrate with restaurants' POS systems.
FintechFoodTechRetail Tech
Dr. Mahmoud Fouz(Founder)in
Co-investorsCherry VenturesHeartcore CapitalPoint NineRAED VenturesShorooq PartnersFinTech Collective
Sabbar is a Saudi Arabian online recruitment platform connecting job seekers with companies across sectors such as retail, hospitality, logistics, and IT.
Future of WorkHR TechMarketplaces
Mohamed T. Ibrahim(Founder)inAbdul Rahman Al-MudaiheemAfnan SherbeeniSara Alshimemri
Co-investors500 Global
Co-investorsInvestcorpRAED VenturesVentureSouqVision VenturesNama Ventures
Sary operates a B2B e-commerce platform and app that connects merchants — including grocery stores, hotels, restaurants, cafés, and SMEs — with suppliers, letting them source products, compare prices and availability, place orders, and receive VAT invoices.
B2B MarketplacesE-commerceRetail Tech
Co-investorsMSA NovoRAED VenturesRocketship.vcQatar Development BankSanabil Investments
Sawt (صوت) offers an AI voice-calling system that answers and makes customer calls in natural speech across multiple languages and dialects, handling tasks like booking appointments, answering FAQs, creating support tickets, and giving order status updates.
AI & Machine LearningSaaSSales Tech
Co-investorsCapria Ventures
Tabby is a consumer money app offering buy-now-pay-later options (split into 4 interest-free payments or up to 12 monthly payments), cashback on spending, peer-to-peer money transfers, and shopping deals.
ConsumerFintech
Hosam Arab(Founder)in
Co-investorsArbor VenturesHOF CapitalHongShan Capital GroupMSA NovoOutliers VCPartners for Growth+8 more
Co-investorsMad'a Investment Company
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 BiswasPradeep M
Co-investors500 GlobalCedar Mundi VenturesIliad PartnersInvestcorpLiquidity CapitalPartners for Growth+5 more
Co-investorsKhwarizmi Ventures
Tweeq (طويق) is a Saudi digital banking app offering a digital account with a debit card, instant fee-free peer-to-peer transfers, cashback rewards, spending tracking, and mobile/smartwatch payments.
ConsumerFintech
Co-investorsRAED Ventures
Unifonic is an AI-native customer experience platform that unifies messaging, automation, contact center, and conversational AI to orchestrate customer interactions across channels like WhatsApp, SMS, and Voice.
AI & Machine LearningEnterprise SoftwareSaaSKhobar, SA
Ahmed(CEO & Co-founder)Hassan(Co-founder)
Co-investorsSoftBank GroupRAED VenturesSoftBank Vision Fund
Co-investorsShorooq Partners
eGiftcard marketplace that received NICE funding from Tenami Capital.
Zenda is a fintech app that lets parents discover, enroll, pay, and track school-related payments—such as tuition, uniforms, activities, trips, transport, and canteen fees—in one place, while offering rewards on payments.
EdTechFintech
Co-investorsVentureSouqCOTU Ventures
Portfolio news
latest coverage across their companies
Tabby · fwdstart.me · Aug 14, 2026
Careem · fwdstart.me · Aug 7, 2026
Jasper.ai · jasperlocal.com · Jul 17, 2026
Firefly · theglobeandmail.com · Jun 27, 2026
Qlub · finsmes.com · Jul 22, 2025
Morni · fwdstart.me · Jun 24, 2025
Sary · menabytes.com · Apr 9, 2025
Frequently asked questions
- What stage does STV invest at?
- STV invests at the Seed, Growth, Late Stage stages.
- What is STV's typical check size?
- STV typically writes checks of $2.1M – $54M.
- What sectors does STV focus on?
- STV focuses on AI & Machine Learning, E-commerce, Fintech, Marketplaces, Sector Agnostic.
- Where is STV located?
- STV is headquartered in Dubai, AE.
- Does STV lead rounds?
- Yes, STV leads investment rounds.
- Who does STV co-invest with?
- STV most often shares deals with EQ2 Ventures, RAED Ventures, Wamda Capital, among 3 tracked co-investors.
Media · Podcasts & interviews
featuring the teamSTV CEO Abdulrahman Tarabzouni at Bloomberg Invest 2019 الرئيس التنفيذي عبدالرحمن طرابزوني في مؤتمر
STV · Abdulrahman Tarabzouni
Images
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