Wamda Capital Wamda Capital

Our Portfolio

We are proud to have invested in a diverse range of companies through our two funds, 'Wamda Capital - Fund I' and 'Wamda Capital - Evergreen Fund'. Our portfolio companies are at the forefront of innovation and are making a positive impact in their respective industries. Browse through our portfolio companies to learn more about their products, services, and team.

Wamda Capital - Evergreen
Careem
Website

https://www.arabiaweather.com/en


Location

UAE

Careem
Website

https://useinsider.com/


Location

Singapore

Insider Growth Management Platform helps digital marketers drive growth across the funnel, from Acquisition to Activation, Retention and Revenue. Powered by deep AI and Machine Learning capabilities, GMP delivers real-time predictive segmentation and personalization across web, mobile web, mobile app and ad channels.

Exited
Careem
Website

https://tabby.ai/en-AE


Location

Saudi Arabia

Tabby, a platform leveraging proprietary technology to improve current inefficiencies in the Middle East and North Africa (Mena) payment landscape. The platform offers consumers the option to ‘buy now and pay later’ or to pay in multiple installments for goods bought online. Tabby allows customers to complete their purchase without the need to enter their credit or debit card details and thus aims to become a serious alternative to cash-on-delivery (COD) or cash payments altogether.

Careem
Website

https://hala.com/home


Location

Saudi Arabia

Hala is a fintech platform allowing SMEs to manager their inbound and outbound payments in a safe and simple manner.

Careem
Website

https://bitoasis.net/


Location

UAE

Based in Dubai with an outlook towards emerging markets, BitOasis is a fintech startup building the infrastructure for new digital payment products using blockchain technology. Their cryptoasset exchange platform, wallet and integrations provide the tools to onboard consumers and businesses to a borderless and efficient digital payment system.

Careem
Website

https://eyewa.com/us-en/


Location

UAE

The fastest growing omni-channel eyewear and lenses company in the GCC

Careem
Website

https://www.moove.io/


Location

Nigeria

Moove is a mobility fintech that provides revenue-based vehicle financing to mobility entrepreneurs with a focus in emerging markets

Careem
Website

https://believe.sg/


Location

Singapore

Believe Pte Ltd. is a global, Singapore-based FMCG conglomerate that provides market-ready solutions for customers by listening to their needs and designing products that suit their culture and life choices. From breakthrough personal care essentials to beauty products surpassing global standards, our worldwide team of experts use cutting-edgetechnology, scientifically proven methodologies and ancient knowledge to gift our customers

Careem
Website

https://tarfin.com/en


Location

Turkey

Tarfin is a digital platform that supplies farmers with instant and competitive financing for their farm inputs purchases. Since its founding, Tarfin has served over 2,400 farmers in 915 farming communities with cheaper financing on over TL 20M of agri inputs.

Careem
Website

https://www.remotepass.com/


Location

UAE

RemotePass is a B2B solution which allows businesses to hire, manage and pay global teams all-in-one place

Careem
Website

https://www.bldr.ventures/


Location

UAE

Venture Building for a better MENA

Careem
Website

https://www.useholo.com/


Location

UAE

Holo is a UAE-based FinTech start-up on a mission to simplify the process of owning a home by introducing digital mortgage services to the Middle East for the very first time. Holo’s proprietary technology and team of independent advisors take the guesswork out of buying property in the UAE, making it easier, faster and completely stress-free.

Careem
Website

https://konn.tech/


Location

Jordan

An end-to-end construction technology company providing modular housing solutions for the MENA region

Careem
Website

https://palmhr.net/


Location

Saudi Arabia

Palm.hr is a fully automated HRMS and your path to building a streamlined and consistent employee experience.

Careem
Website

https://skillbee.com/


Location

India

Skillbee is a blue collar jobs platform allowing job seekers to make more well-informed decisions when migrating countries

Careem
Website

https://ureed.com/


Location

UAE

Ureed.com is a platform that connects expert freelancers with employers looking for professional services in content creation and translation.

Careem
Website

https://clara.co/


Location

UK

Clara demystifys the complex legal processes involved in setting up, growing and exiting a startup, through our innovative platform.

Careem
Website

https://cyberlaw.ai/


Location

Jordan

We offer AI-enhanced legal solutions, driven by a deep understanding of stakeholders’ needs and a commitment to enhancing legal service delivery, the rule of law and access to Law and Justice.

Exited
Careem
Website

https://reeftechnology.com


Location

UAE

iKcon is a tech-enabled cloud kitchen operator that procures, cooks, and delivers food on behalf of restaurants and brand owners.

Careem
Website

https://yanzo.com/


Location

UAE

Yanzo is your text-based, on-demand, personal assistant that can help you shop and run your day to day errands. You can use Yanzo to buy, book or deliver, anything, anywhere at anytime.

Exited
Careem
Website

https://www.chatfood.io/


Location

UAE

Chatfood is a B2B mobile ordering and payment solution for delivery, pick up and in-dining experiences

Careem
Website

https://yallacompare.com/


Location

UAE

Yallacompare.com is the leading finance comparison site in the Middle East, helping users to find and compare Insurance (Car, Life, Health, House and Banking products (credit cards, personal loans, mortgages, car loans and bank accounts) from a diverse range of local and international Insurers, banks and financial institutions.

Careem
Website

https://54gene.com/


Location

Nigeria

54gene is seeking to bring novel drugs to the world based on insights drawn from the healthcare and research ecosystem in Africa.

Careem
Website

https://sky-therapeutics.com/


Location

USA

Sky Therapeutics will be the first platformized digital therapeutics company that is able to churn out scientifically-rigorous and personalised digital therapies.

Careem
Website

https://salusmental.com/


Location

Turkey

Mental support programs designed according to your needs, in which you will proceed with a guide who guides you in the most correct way.

Careem
Website

https://tuhoon.com/


Location

Saudi Arabia

We’re building the Arab world’s first mental wellness ecosystem using cutting-edge behavioral health tools, programs, and experiences.

Careem
Website

https://www.walkingonearth.com/


Location

United Kingdom

Walking on Earth (WONE) is the precision health platform for the workplace. We're here to help you care for your team, by reducing stress, improving health and elevating performance at work.

Careem
Website

https://www.aspisafesolutions.com/


Location

USA

Aspisafe is a medical device company focused on revolutionizing feeding medical devices. Its flagship product is a nasogastric tube that prevents stomach reflux thereby minimizing the chances of pneumonia.

Careem
Website

https://ziwo.io/


Location

UAE

Cloud contact center software as a service. Full API based. CRM Plugins. Connect real or virtual agents. Virtual numbers in any country.

Careem
Website

https://www.sitech.me/


Location

Jordan

We help your business become agile, responsive, and innovative through custom software development, digital experience design, and Cloud managed services.

Careem
Website

https://www.anec.app/


Location

USA

Platform that reads customer feedback using Al to generate meaningful insights

Careem
Website

https://penny.co/


Location

Saudi Arabia

Penny Software is a Saudi-based company for Procurement Management and a B2B Marketplace. Penny offers enterprise software that helps businesses of all sizes manage procurement and spending. The Penny B2B marketplace helps connect suppliers with industry buyers in Saudi Arabia. Penny was founded in 2020 by Iyad Aldalooj, Majid Aldalooj, and Mohammed Ibrahim and was funded by venture capitals and angel investors.

Careem
Website

https://subsbase.com/


Location

Egypt

A cloud-based subscription and billing platform that empowers subscription-based businesses with operational, analytics and billing tools to efficiently manage their subscribers, taking away the entire overhead of subscriber's lifecycle management from the business and keeping them focused on their core product/service.

Careem
Website

https://whyise.com/


Location

Jordan

Whyise provides organizations with an impact analytics solution to efficiently deploy their resources, make decisions based on evidence and exponentially multiply their impact.

Careem
Website

https://www.nestrom.com/


Location

Jordan

Nestrom provides field teams the ability to capture and action data through mobiles and IoT devices.

Careem
Website

https://www.lambdatest.com/


Location

USA

LambdaTest is a continuous quality testing cloud platform that helps developers and testers ship code faster.

Careem
Website

https://www.dasseti.com/


Location

USA

Dasseti (Formerly Diligend) is a digital due diligence software platform which automates the RFP and DDQ process, allowing businesses to scale operations more easily

Careem
Website

https://www.dukkantek.com/


Location

UAE

Dukkantek provides digital transformational services to traditional retailers

Careem
Website

https://freshsourceglobal.com/


Location

Egypt

FreshSource aims to improve the economic and environmental efficiency of the food supply chain in Egypt

Careem
Website

https://fodoole.com/


Location

UAE

Fodoole is a UAE based startup leveraging AI to enable legal translation and summarization services

Careem
Website

https://www.goldenscent.com/


Location

Saudi Arabia

GoldenScent is the leading Saudi Arabia E-Commerce Beauty Platform offering international branded perfumes and cosmetics

Careem
Website

https://nana.co/ar


Location

Saudi Arabia

Nana is the largest digital grocery shopping platform in Saudi Arabia. We began in the capital, Riyadh, and are expanding to cover the Kingdom. If we’re not in your hometown just yet, sit tight and keep an eye out for us… we’ll be there soon.

Careem
Website

https://www.modanisa.com/


Location

Turkey

Modanisa is an e-commerce platform for modest fashion that is shipping to 130 countries in all over the world. They serve more than 500 brands in 5 languages.

Careem
Website

https://grocerapp.pk/


Location

Pakistan

GrocerApp is an online grocery delivery platform allowing users to order groceries via their mobile application while ensuring low cost and high quality products

Careem
Website

https://www.floranow.com/


Location

UAE

Floranow is the Middle East’s first floral B2B global online marketplace. They connect growers to flower retailers, wedding and events planners and hotels across the GCC and Jordan.

Careem
Website

https://www.fabricaid.me/


Location

Lebanon

FabricAID is a social enterprise founded in 2017 working to establish a socially and environmentally conscious value chain for the apparel industry by optimizing the collection, sorting, upcycling, and resale of second hand clothes through socially conscious and sustainable brands.

Careem
Website

https://gomycode.com/


Location

Tunisia

We train the next tech generation on the most innovative and recent technologies. We help them get ready for the jobs of the future and prepare them for their professional endeavour while reinforcing their employability

Careem
Website

https://englease.com/en/


Location

UAE

We offer synchronous (live) accredited English classes online rout-the-clock to ESL students globally.

Careem
Website

https://aanaab.com/


Location

Saudi Arabia

Aanaab is an online platform specialised in the professional development of Arab educators through open learning. Aanaab caters to individual teachers, schools, and organisations as a high quality, scalable way to continuously develop their personal and professional skills and capabilities through online lectures, meetings, reading material, discussion boards and evaluation exercises, among others.

Careem
Website

https://www.voltlines.com/


Location

Turkey

Launched in April of 2018, Volt Lines is a subscription-based commute service targeted at corporate clients in Istanbul, Turkey. A monthly subscription on Volt Lines gives its user access to unlimited rides on the commute network of Volt Lines which today moves thousands of people on hundreds of express lines across the city.

Careem
Website

https://salla.com/


Location

Saudi Arabia

Salla is a Saudi-based e-commerce platform that allows users to set up their e-commerce store in Arabic and sell their products and services to customers.

Careem
Website

https://shipshap.com/


Location

USA

ShipShap gives you the cheapest shipping rates & best options. All accessible on mobile, wherever you're working on your next package from.

Careem
Website

https://truckitin.com/


Location

Pakistan

Truck It In is a road frieght platform tech solution aiming to bring efficiencies in freight movement while improving the lives of truckers

Careem
Website

https://www.shift-ev.com/


Location

Egypt

Shift EV electrifies your existing commercial fleets in emerging markets using proprietary electro fitting technology

Careem
Website

https://www.marti.tech/en/


Location

Turkey

Marti is an allround mobility platform operating a fleet of e-moped, e-bikes and e-scooters

Careem
Website

https://en.derq.com/


Location

USA

Powering the future of roads for the safe and efficient movement of road users and autonomous vehicles

Careem
Website

https://nowmoney.me/


Location

UAE

NOW Money uses mobile banking technology to improve the lives of low-income migrant workers in the UAE, providing financial inclusion for them for the first time by allowing them to have current accounts and access to a range of low-cost remittance services.

Careem
Website

https://ziina.com/


Location

UAE

Ziina is bringing the next generation of financial services to the Middle East. As the UAE’s first peer-to-peer payment app, Ziina is on a mission to simplify finance for everyone. Send and receive payments with just a phone number—no IBAN or swift code required. Ziina offers bank-grade security and end-to-end encryption. Currently available to UAE residents on iOS and Android, the app provides a seamless way for friends and family to split the cost of takeout or a grocery bill. As Ziina grows, we’re committed to creating a new age of money in the Middle East and redefining how people use technology to transform their finances.

Careem
Website

https://www.veritytheapp.com/


Location

UAE

Verity is a money management banking application for children and teenagers

Careem
Website

https://liwwa.com


Location

Jordan

Liwwa is a tech-enabled SME lender operating in Jordan and Egypt. The company leverages technology to turn business loans around in a day. Liwwa also owns and operates an online marketplace for loans - effectively a securitization engine - in addition to its core underwriting technology.

Careem
Website

https://halan.com/


Location

Egypt

Halan is an Egyptian Fintech company providing funding solutions for small businesses and consumer financing away from the banking system. Inspired by the need to financially include 100 million Egyptians, Halan developed its own proprietary technology that allows the scalability of financing a growing customer base and provides them with expertise through simple and accessible solutions.

Careem
Website

https://www.flexxpay.com/en


Location

UAE

FlexxPay's proprietary cloud-based solution provides employees access to a series of services and benefits, including the ability to access their earned salary and earned commissions whenever needed. By offering an alternative to the traditional payment cycle, FlexxPay aims to reduce the financial stress on employees and increase their motivation, and in turn, enhance productivity, sales and employee retention rates for businesses. FlexxPay currently operates in the UAE and Saudi Arabia, with plans to expand to the rest of Mena in the near future.

Careem
Website

https://azafinance.com/


Location

UK

AZA is a digital foreign exchange and treasury solution that leverages cutting edge technology to significantly lower the cost and increase the speed of business payments to and from frontier markets. With its API and white label products, Aza’s partners utilize its hybrid financial infrastructure and deep local knowledge to manage liquidity and send payments to dozens of bank networks and mobile money operators across Nigeria, Kenya, Ghana, Uganda, Tanzania, Senegal, and the Democratic Republic of Congo.

Careem
Website

https://almahealth.io/


Location

UAE

Alma Health is a digital health platform that simplifies the lives of people with chronic conditions and those who care for them by harnessing the power of technology. In an increasingly digital world, Alma Health has created the first digitally native healthcare experience from doctor consultation, to delivery of medication, to ongoing care.

Careem
Website

https://aqarmap.com


Location

Egypt

Aqarmap became the leading Real Estate Marketplace in Egypt be focusing on its brand promise

Careem
Website

https://theluxurycloset.com


Location

UAE

The Luxury Closet is the leading Luxury Marketplace in MENA connecting sellers to buyers on a Consignment Model at 30%+ margins (resulting in a $200 per order in margins - amongst the highest in marketplaces globally).

Careem
Website

https://jamalon.com/


Location

UAE

Jamalon is the region’s largest online bookstore, with a catalogue of over 10M English and Arabic titles. Jamalon is also the region’s first Print-on-Demand (POD) service provider and an innovator in the online book publishing and distribution space.

Careem
Website

https://yallamarket.ae/


Location

UAE

Yalla!Market is an online store delivering confectioneries, groceries, household essentials, and cosmetics to your doorstep at lightning speed

Exited
Careem
Website

N/A


Location

UAE

Lunch:ON is a food web portal that serves as the food- at-work partner of choice for over 500 major companies across the UAE, and that is looking to expand into the Kingdom of Saudi Arabia (KSA). The company makes it easy for busy workers to order food curated specifically for their office from the best restaurants in the city. Whether it’s employees ordering for themselves from the daily hand-picked menu or companies ordering food for a meeting, training event or larger corporate event from its revolutionary catering platform, Lunch:ON takes the usual hassle and cost out of food at the office.

Wamda Capital - Fund I
Careem
Website

https://www.arabiaweather.com/en


Location

UAE

Exited
Careem
Website

https://careem.com


Location

UAE

Careem is the leading Internet platform in the greater Middle East. A pioneer of the region’s ride-hailing economy, Careem is expanding services across its platform to include mass transportation, delivery and payments. Careem’s mission is to simplify and improve the lives of people and build a lasting organization that inspires. Established in July 2012, Careem operates in 120 cities across 15 countries and has created more than 1M employment opportunities in the region. Careem was acquired by Uber in 2019*

Careem
Website

https://useinsider.com


Location

Singapore

Insider Growth Management Platform helps digital marketers drive growth across the funnel, from Acquisition to Activation, Retention and Revenue. Powered by deep AI and Machine Learning capabilities, GMP delivers real-time predictive segmentation and personalization across web, mobile web, mobile app and ad channels.

Careem
Website

https://carma.com


Location

UAE

CARMA is a global media intelligence company which provides media monitoring and analysis to over 1,000 corporate, governmental and NGO clients world-wide.

Careem
Website

https://www.crowdanalyzer.com/


Location

UAE

The first fully automated Arabic social media monitoring platform. Crowd Analyzer uses groundbreaking technologies such as Proprietary Machine Learning, Artificial Intelligence and Natural Language Processing to get computers to be as linguistically proficient as humans.

Careem
Website

https://floranow.com/


Location

UAE

Floranow is the Middle East’s first floral B2B global online marketplace. They connect growers to flower retailers, wedding and events planners and hotels across the GCC and Jordan.

Careem
Website

https://geeks.com


Location

UAE

World-class tech-driven operation that delivers services to clients efficiently and at the highest quality. Geeks is an on-demand tech repair and support solution for consumers and businesses.

Careem
Website

https://seez.co


Location

UAE

Seez uses AI to fully automate the car buying process. Customers take a picture of a car and the image recognition will detect what car it is and estimate its fair market value. When a customer finds a car they like, the AI chatbot “Cesar” will automatically reach out to all car sellers in the UAE to negotiate their prices on their behalf and get back to them with the final price.

Careem
Website

https://aqarmap.com


Location

Egypt

Aqarmap became the leading Real Estate Marketplace in Egypt be focusing on its brand promise

Careem
Location

UAE

STEP Group is a new media company in the Middle East specialized in media, events, and digital publishing. STEP owns and operates the flagship startup conference STEP Conference. STEP also is the publisher StepFeed and Yalla- feed which are digital publications targeting young Arabs.

Careem

yallacompare.com is the leading finance comparison site in the Middle East, helping users to find and compare Insurance (Car, Life, Health, House and Banking products (credit cards, personal loans, mortgages, car loans and bank accounts) from a diverse range of local and international Insurers, banks and financial institutions.

Careem
Website

https://tarfin.com/en


Location

Turkey

Tarfin is a digital platform that supplies farmers with instant and competitive financing for their farm inputs purchases. Since its founding, Tarfin has served over 2,400 farmers in 915 farming communities with cheaper financing on over TL 20M of agri inputs.

Careem
Website

https://www.voltlines.com/?lang=en


Location

Turkey

Launched in April of 2018, Volt Lines is a subscription-based commute service targeted at corporate clients in Istanbul, Turkey. A monthly subscription on Volt Lines gives its user access to unlimited rides on the commute network of Volt Lines which today moves thousands of people on hundreds of express lines across the city.

Careem
Website

https://goldenscent.com


Location

KSA

Golden Scent is an online shop for genuine perfume and cosmetics. The e-commerce website was founded in 2014. It delivers perfumes and cosmetics of international premium brands throughout the Kingdom of Saudi Arabia (KSA), the United Arab Emirates (UAE) and Kuwait. Golden Scent was first launched in KSA to attract online users by offering easy access to premium perfume and beauty products. Golden Scent’s success has been bolstered by its community engagement. The brand enjoys a high level of community trust and interaction in the online space – with 1M followers on social media platforms. Golden Scent mission is to become the number one online destination for beauty lovers in the Middle East.

Careem
Website

https://modanisa.com


Location

Turkey

Modanisa is an e-commerce platform for modest fashion that is shipping to 130 countries in all over the world. They serve more than 500 brands in 5 languages.

Careem
Website

https://theluxurycloset.com


Location

UAE

The Luxury Closet is the leading Luxury Marketplace in MENA connecting sellers to buyers on a Consignment Model at 30%+ margins (resulting in a $200 per order in margins - amongst the highest in marketplaces globally).

Exited
Careem
Website

https://twiga.ke


Location

Kenya

Twiga aggregates retail demand in Africa’s cities to provide low cost access to better quality food.

Careem
Website

https://jamalon.com


Location

UAE

Jamalon is the region’s largest online bookstore, with a catalogue of over 10M English and Arabic titles. Jamalon is also the region’s first Print-on-Demand (POD) service provider and an innovator in the online book publishing and distribution space.

Careem
Website

https://tamatem.co/


Location

Jordan

Tamatem Games is a Jordan-based mobile games publisher and developer that partners with various international game developers to localize and bring international games to the Arabic-speaking world.

Careem
Website

https://bitoasis.net/en/home


Location

UAE

Based in Dubai with an outlook towards emerging markets, BitOasis is a fintech startup building the infrastructure for new digital payment products using blockchain technology. Their cryptoasset exchange platform, wallet and integrations provide the tools to onboard consumers and businesses to a borderless and efficient digital payment system.

Exited
Careem
Website

https://mumzworld.com


Location

UAE

Mumzworld is the pioneer and #1 leading e-commerce vertical site in the Middle East dedicated to everything mother, baby and child. It has become a regional household name with the vision of becoming the indispensable online extension of a mother's life.

Careem
Website

https://www.kharabeesh.com/


Location

Jordan

Kharabeesh offers short form online entertainment productions, media technology and talent development. In addition to content management through it’s multi platform network. Kharabeesh brand influences the large base of the pan Arab millennial generation through fun, humor and creativity.

Exited
Careem
Website

https://munchon.ae


Location

UAE

Lunch:ON is a food web portal that serves as the food- at-work partner of choice for over 500 major companies across the UAE, and that is looking to expand into the Kingdom of Saudi Arabia (KSA). The company makes it easy for busy workers to order food curated specifically for their office from the best restaurants in the city. Whether it’s employees ordering for themselves from the daily hand-picked menu or companies ordering food for a meeting, training event or larger corporate event from its revolutionary catering platform, Lunch:ON takes the usual hassle and cost out of food at the office.