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Top 10 Software Startup Investors in Lebanon in October 2023

A list of 10 angel investors and VC (Venture Capital) funds that invest in Software startups based in Lebanon. We rank investors based on the number of investments they made in Software companies from Lebanon. We update this investor list every month.

Top 10 Software Startup Investors in Lebanon in October 2023

Investor Software Lebanon investments
Phoenician VC 10
Middle East Venture Partners (MEVP) 4
Cedar Mundi Ventures 2
BeryTech Fund 2
Dalia Al Sulaiman 1
Mulcan International Investments. 1
B&Y Venture Partners 1
Crescent Capital 1
Kafalat iSME 1
Dr. Lama 1

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Investor list
Phoenician VC
VC Fund · Beirut, Beyrouth, Lebanon · 1 investment in the past 12 months

Founded in 2015, Phoenician Funds is at the heart of thriving capitals of digital innovation and startup ecosystems in the Middle East and North Africa ...

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Investment focus

  • Financial Services, Software, FinTech
  • Seed, Series A, Funding Round
  • Lebanon, United Arab Emirates, Egypt

Portfolio highlights

  • Go Rise — Go Rise is a start-up building a financial services platform for migrants.
  • Ostaz — Ostaz is a mobile and peer-to-peer educational platform connecting students seeking help in a specific course to qualified private tutors.
  • TWIG — TWIG is a Bank Agnostic Automated Savings Platform in the MENA region. Our flagship app provides Automated Saving Plans to help users save better; a Smart Budgeting tool with tailored insights; and Smart, customizable and user-specific Goals.
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Middle East Venture Partners (MEVP)
VC Fund · Dubai, Dubai, United Arab Emirates · 3 investments in the past 12 months

MEVP is a Middle East-focused venture capital firm that invests in the early and growth stages of innovative tech companies run by talented entrepreneurs in the Middle East with a focus on the GCC and Levant countries. With a team of 20 VC professionals across offices in Dubai, Beirut, Bahrain, Abu Dhabi, and Riyadh, MEVP manages 5 regional funds with more than USD 260 million in Assets Under Management. MEVP is the largest and most established VC firm in the region, with clear cross border investment appetite.

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Investment focus

  • E-Commerce, Software, SaaS
  • Series A, Seed, Series B
  • United Arab Emirates, Lebanon, United States

Portfolio highlights

  • invygo — Invygo is MENA's first & largest car subscription service creating accessible mobility options through an all-inclusive monthly subscription, all in a seamless app-based experience.For consumers: we provide them access to passenger cars without any financial burdens through a customizable month-to-month subscription through a mobile appFor Dealers: through our technology, they get access to a new business model that helps them generate revenue and reduce their depreciation and operational cost The company was founded in 2018 by Eslam Hussein and Pulkit Ganjoo in Dubai, UAE.
  • Yodawy — Yodawy is an online pharmacy and insurtech startup that allows customers to order pharmaceuticals and cosmetics via a mobile app and have those delivered through a network of 500+ pharmacies across Egypt. Insurance and copayment benefits are automatically applied with four major insurance carriers onboarded thus far and more in the pipeline.
  • Money Fellows — MoneyFellows digitizes the ROSCA model, enabling group lending and savings.
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Cedar Mundi Ventures
VC Fund · Beirut, Beyrouth, Lebanon

Cedar Mundi Ventures specializes in the fields of venture capital and financial services. It also specializes in cross-border technology investments covering Europe & the MENA region. It was founded in 2016 and headquartered in Beyrouth, Lebanon.

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Investment focus

  • Apps, B2B, Medical
  • Series A, Series B, Seed
  • Lebanon, United Kingdom, Kuwait

Portfolio highlights

  • Proximie — Proximie enables healthcare organizations, surgeons, and medical device companies to improve patient safety, scale training efforts, and accelerate device adoption, all while driving substantial savings in cost and time.
  • Roadie Music by Band Industries — Tune all types of guitars, ukuleles, banjos, mandolins & more in just seconds.
  • Dastgyr Technologies — Making trade and capital seamless and reliable
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BeryTech Fund
VC Fund · Beirut, Beyrouth, Lebanon

Berytech Fund II is a 51 million US Dollar Beirut-based Venture Capital Fund that invests in Innovative Lebanese startups with high-growth potential

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Investment focus

  • Software, Apps, Training
  • Seed, Series A, Series B
  • Lebanon, United States

Portfolio highlights

  • Cherpa — Cherpa is an online platform that teaches robotics and electronics to youth in a fun and interactive way. From building and coding projects to interacting with virtual missions, Cherpa is introducing a new dimension that reshapes the world of robotics. They are preparing students for the jobs of tomorrow. Start learning today with robotics, coding,artificial intelligence and many more courses to come.
  • BSynchro — BSynchro is a Business and Information Technology service firm powered by a passionate team of experts. The company was founded in 2005 by a group of IT and business professionals with one main focus: Synchronizing Company’s People and Technology.Our main mission is to advise and to deliver to customers instrumented, innovative, and intelligentIT and operational solutions; aiming to enhance the customer experience, improve process efficiency and increase profitability.BSynchro is active in the design, development, and deployment of a range of software solutions aiming to synchronize and link knowledge to people, workflows to contents, transactional systems to smart interfaces and revolutionize the way people interact with their business.With more than 20 years of expertise in the financial services sector and Information Technology field, our team offers innovative IT services and solutions to a variety of customers in the Gulf, Levant, North Africa, Africa and North America regions.
  • scriptr.io — The scripting engine for your IoT projects. The easiest way to connect your devices to the cloud. No hosting, no server management, no deployments, create your own APIs with JavaScript in minutes.
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Dalia Al Sulaiman
Angel

Dalia Al Sulaiman

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Investment focus

  • Education, Mobile Apps, Peer to Peer
  • Seed
  • Lebanon

Portfolio highlights

  • Ostaz — Ostaz is a mobile and peer-to-peer educational platform connecting students seeking help in a specific course to qualified private tutors.
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Mulcan International Investments.
VC Fund · Munich, Bayern, Germany

MULCAN is the ideal partner for businesses seeking liquidity, growth capital or recapitalization.

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Investment focus

  • Education, 3D Printing, Health Care
  • Seed, Series A, Series B
  • Germany, Lebanon

Portfolio highlights

  • Ostaz — Ostaz is a mobile and peer-to-peer educational platform connecting students seeking help in a specific course to qualified private tutors.
  • Mecuris — Mecuris strives to be the key enabler for digitally manufactured O&P solutions worldwide. They empower O&P professionals to co-create customised O&P products and enrich wearer’s lives within 24 hours.To reach this goal, they team up with O&P professionals to co-create - with users and wearers - customised O&P products. Theirdigital mindset and 3D printing know-how synergise in the Mecuris Solution Platform, which simplifies the work of O&P professionals and enriches wearers’ lives.The Mecuris Solution Platform uses patient data and scans to semi-automatically individualise 3D designs of patient aids. It makes them ready-to-print at a local 3D printing hub. This enables a 100% customised fit, functionality and look. They thereby cut production times by 75% for the medical practitioners and wearers.
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B&Y Venture Partners
VC Fund · Beirut, Beyrouth, Lebanon · 4 investments in the past 12 months

B&Y Venture Partners is a MENA based Venture Capital firm that invests globally at both seed and growth stage. We invest in visionary and high-impact founders aiming to create new markets or transform existing ones.

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Investment focus

  • E-Commerce, Information Technology, Software
  • Series A, Seed, Series B
  • United Arab Emirates, United States, United Kingdom

Portfolio highlights

  • Bridged Media — Bridge the gap between empathy to action to boost your engagement and retention on text, audio, and video. The easiest way to help your audience create an impact.
  • Laced — Discover the latest sneaker releases with Laced. The UK and Europe's authentic sneaker marketplace, discover coveted styles from Nike, Air Jordan, Yeezy, New Balance and more. Buy and sell now with Laced.
  • Finverity — Finverity provides technology, working capital and expertise to give banks, NBFIs, financiers and companies a strategic advantage in supply chain finance.
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Crescent Capital
VC Fund · Belfast, Belfast, United Kingdom · 1 investment in the past 12 months

Crescent Capital is a Belfast based venture capital fund manager

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Investment focus

  • Manufacturing, Medical, Enterprise Software
  • Seed, Series B, Funding Round
  • United States, United Kingdom, Lebanon

Portfolio highlights

  • Ostaz — Ostaz is a mobile and peer-to-peer educational platform connecting students seeking help in a specific course to qualified private tutors.
  • PayHalal — Islamic Fintech in internet payments gateway space and ewallet issuing space . Services include merchant acquiring. We are licensed by Malaysian Central Bank for merchant acquiring. PayHalal offers PSaaS for Islamic Digital Banks and payment gateways in the halal space.
  • Photonic Measurements — Photonic Measurements is a UV254 device designer and manufacturer based in Lisburn in N.Ireland. Full range of products including analysers, probes/sensors and dip probes
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Kafalat iSME
VC Fund

The iSME Programme is a USD 30 million initiative funded by the Government of Lebanon and the World Bank.

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Investment focus

  • Education, Grocery, Internet
  • Series A, Seed
  • Lebanon

Portfolio highlights

  • Toters — Fast & easy delivery. GET THE APP
  • Ostaz — Ostaz is a mobile and peer-to-peer educational platform connecting students seeking help in a specific course to qualified private tutors.
  • Kamkalima — Arabic e-Learning platform that provides high-tech & interactive educational content in line with the modern academic systems.
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Dr. Lama
Angel

Dr. Lama

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Investment focus

  • Education, Mobile Apps, Peer to Peer
  • Seed
  • Lebanon

Portfolio highlights

  • Ostaz — Ostaz is a mobile and peer-to-peer educational platform connecting students seeking help in a specific course to qualified private tutors.
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