Algebra Ventures

Algebra Ventures

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Investment Firm

Overview

Algebra Ventures invests in technology startups that leverage innovation to transform large markets. They seek high-growth companies, led by passionate and capable teams, that have a unique value proposition, and that can generate significant economic returns.

Algebra Ventures looks for entrepreneurial teams that possess vision and insight as well as the execution skills needed to build scalable companies. Algebra Ventures focuses on Series A and Series B rounds in Egypt although they do not exclude investments in earlier-stage startups or in other parts of the MENA region. They prefer to meet startups early on and get to know the team as the opportunity is shaping up.

Highlights

Founded

2015

Industry

Venture Capital

Employees

11-50

Investment

46

Lead Investment

29

Exits

6

Stages

Early Stage Venture, Seed, Private Equity, Late Stage Venture

Investor Type

Venture Capital

Location

Cairo, Al Qahirah, Egypt, Africa

Contact Information

Social

Profile Resume

Algebra Ventures, established in 2015 and headquartered in Africa., specializes in Early Stage Venture, Seed, Private Equity, Late Stage Venture investments across Social Media, Software, Mobile, Events, Meeting Software, Guides, Financial Services, Venture Capital, Finance, E-Commerce. The organization boasts a portfolio of 45 investments, with an average round size of $10.0M and 6 successful exits. Their recent investments include Eventtus, Middle East Venture Partners (MEVP), GoodsMart, elmenus, Filkhedma. The highest investment round they participated in was $38.6B. Among their most notable exits are Eventtus and Middle East Venture Partners (MEVP). Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Ziad Mokhtar

Ziad Mokhtar

Managing Partner

imagePlace Karim Hussein

Karim Hussein

Managing Partner

imagePlace Omar Khashaba

Omar Khashaba

General Partner

Investment portfolio

Algebra Ventures has made 46 investments. Their most recent investment was on Jul 30, 2024, when Cartona raised $5.6M.

investments

46

Diversity investments

0

Lead investments

29

Number of exits

6

Investments

46

Annouced DateOrganization NameIndustryMoney Raised
Jan 25, 2024
DXwand DXwand
Software4.0M
May 30, 2024
YoLa Fresh YoLa Fresh
E-Commerce7.0M
Jun 24, 2024--8.0M
Jul 30, 2024
Cartona Cartona
E-Commerce5.6M

Exits

6

Funding Timeline

Funding rounds

46

Investors

1

Funds

3

Funding Rounds

46

Algebra Ventures has raised 46 rounds. Their latest funding was raised on Jul 30, 2024 from a Series A - Cartona round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Jan 25, 2024
Series A - DXwand Series A - DXwand
-4.0M-
May 30, 2024
Seed Round - YoLa Fresh Seed Round - YoLa Fresh
-7.0M-
Jun 24, 2024
Seed Round - Connect Money Seed Round - Connect Money
-8.0M-
Jul 30, 2024
Series A - Cartona Series A - Cartona
-5.6M-

Investors

1

Algebra Ventures is funded by 1 investor(s). Egyptian-American Enterprise Fund Kantor is the most recent investors.

Investor NameLead InvestorFunding RoundMoney Raised
Egyptian-American Enterprise Fund Egyptian-American Enterprise Fund
No
Venture Round - Algebra Ventures
0

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

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