Venture Capital

VentureSouq

Investment Details

Investor Type
Venture Capital

Asset Class Focus
Venture Capital

Stage Focus
Seed, Early Stage, Series A

Geographical Focus
United Arab Emirates, Saudi Arabia, Egypt, Pakistan

Industries Focus

  • FinTech
  • SaaS
  • InsurTech
  • Proptech
  • ClimateTech
  • Personal Financial Management

Investment Size:
500,000 to 5,000,000 USD

Investor Details Founded: 2013

VentureSouq (VSQ) is a MENA-based venture capital firm established in 2013, specializing in early-stage investments across various sectors, with a particular emphasis on FinTech and ClimateTech. The firm manages thematic funds and has built a global portfolio exceeding 200 investments. In 2021, VentureSouq launched the MENA FinTech Fund I, a $50 million fund dedicated to investing in early-stage FinTech and SaaS companies across the Middle East, North Africa, and Pakistan. This fund focuses on key subsectors such as payments infrastructure, alternative credit, digital banking, PropTech, InsurTech, and personal financial management. The firm operates in the UAE, Egypt, and Saudi Arabia, with over $100 million in assets under management. VentureSouq's investment approach is thesis-driven, partnering with exceptional entrepreneurs to create long-term impact. The firm has invested in notable companies including Tabby, Sary, Baraka, Creditbook, and Huspy. Additionally, VentureSouq is actively involved in the MENA entrepreneurial ecosystem, contributing to education, content, and programming initiatives.

Requirements
  • Strong founding team
  • Innovative business model
  • Scalable technology
  • Market traction
Portfolio Companies
  • Tabby
  • Sary
  • Baraka
  • Creditbook
  • Huspy