Updated:
Middle East Venture Partners
MEVP was founded to bridge the gap between ambitious MENA technology founders and the institutional capital increasingly available in the Gulf.
Middle East Venture Partners
MEVP was founded to bridge the gap between ambitious MENA technology founders and the institutional capital increasingly available in the Gulf. Operating from offices in Riyadh, Dubai, Beirut, Cairo, Bahrain and Abu Dhabi, the firm has built a portfolio that cuts across the GCC and Levant, targeting sectors where technology adoption is reshaping large addressable markets. The firm's stated focus areas include e-commerce marketplaces, mobility, new media, enterprise software, SaaS, IoT, e-education and e-health, effectively covering the core consumer and enterprise tech verticals in the region. MEVP invests from seed through Series C, blending direct startup investments with co-investment and special-purpose vehicle structures. Its strategy spans fintech, digital health, mobility, proptech, edtech and media — with a growing sub-focus on supply-chain and logistics technology. Confirmed portfolio companies include beauty-and-wellness SaaS platform Fresha, automotive-subscription fintech Invygo, music-streaming service Anghami, digital-ROSCA provider Money Fellows, and Dubai-based real-estate investment platform Stake. The firm also backed cross-border payments provider Verto, trucking marketplace TruKKer, and AI-document-automation company Applied AI (AAICO), signaling an appetite for both regional champions and companies with global ambitions. Co-investors named on deals include General Atlantic, which led Fresha's $100 million Series C round. With over $300 million in assets under management, MEVP has scaled into one of the region's most active venture firms. The website does not disclose a professional headcount. The firm's footprint across six cities gives it on-the-ground presence in both the GCC's liquidity hubs and the Levant's talent centers. MEVP integrates its investment activities with a post-investment operating-support model, positioning itself as a resource base for portfolio companies navigating regulatory complexity and fragmented markets. A recent operational signal is the partial exit from Fresha via a secondary sale during the company's Series C, demonstrating active portfolio management and the ability to return capital to limited partners before exit. MEVP's structural differentiator lies in its geographic granularity. Most MENA-focused venture firms cluster in Dubai or Riyadh; MEVP maintains dual anchor offices plus four additional locations, servicing a region where local relationships, regulatory navigation, and founder proximity often determine deal access. This distributed model — spanning both GCC and Levantine economies — creates sourcing coverage that competitors operating from a single hub cannot easily replicate.
General information
Firm type
Venture Capital
Year founded
—
AUM
> $300M (per firm website)
Location
Region
Middle East
Country
Saudi Arabia
City
Riyadh
Corporate office
Riyadh, Saudi Arabia
Additional offices
Dubai · Beirut · Cairo · Bahrain · Abu Dhabi
Sector focus
Frequently asked questions
Who runs investment decisions at Middle East Venture Partners?
The firm's website describes a team of experienced professionals but does not publicly name the investment committee or list individual principals. Institutional allocators should request the firm's ADV or equivalent disclosure documents for personnel details.
How does MEVP source proprietary deal flow across the MENA region?
MEVP's six-office footprint — spanning Riyadh, Dubai, Beirut, Cairo, Bahrain and Abu Dhabi — provides on-the-ground coverage that most regional competitors do not replicate. The firm combines local partnership networks with a brand built through high-profile exits such as the partial Fresha sale to General Atlantic, attracting early-stage founders operating in fragmented regulatory environments.
Does MEVP participate in fund commitments or only direct deals?
The firm makes direct startup investments and uses co-investment and special-purpose vehicle structures. MEVP's confirmed positions in companies such as Fresha, Money Fellows, Invygo and Anghami indicate a direct-deal orientation, though the firm's ability to syndicate alongside global investors like General Atlantic suggests flexibility in structuring.
What investment stages does MEVP typically target?
The firm invests from seed through Series C, targeting both early-stage companies and growth-stage follow-ons. This multi-stage mandate allows MEVP to deploy initial capital and then participate in subsequent rounds as portfolio companies scale across the GCC and Levant.
Which sectors does MEVP explicitly avoid?
MEVP's stated focus is technology, specifically e-commerce marketplaces, mobility, new media, enterprise software, SaaS, IoT, e-education and e-health. Sectors outside technology — and notably hard infrastructure, traditional real estate development, and commodity-based industries — are not represented in the disclosed portfolio.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on venture capital firms?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: