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Shorooq Partners

Asia, Abu Dhabi, United Arab Emirates, Abu Dhabi

Description

Shorooq Partners is a prominent alternative investment fund manager headquartered in Abu Dhabi, United Arab Emirates, established in 2017. The firm has rapidly emerged as a key player in the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) region's venture capital landscape. They distinguish themselves by investing across a broad spectrum of stages, from early-stage seed rounds all the way to pre-IPO growth equity, demonstrating a comprehensive approach to supporting technological innovation. Their strategic focus is primarily on high-growth tech companies within the MENAP region, aiming to capitalize on the burgeoning digital economy.

The firm employs a multi-fund strategy, encompassing a dedicated Seed Stage Fund, a Venture Debt Fund, and a Growth Equity Fund, allowing them to provide tailored capital solutions at various points in a company's lifecycle. While sector-agnostic, Shorooq Partners exhibits a strong preference for disruptive technologies in areas such as Fintech, SaaS, B2B platforms, Proptech, Edtech, Gaming, Foodtech, Mobility, Logistics, and Deep Tech. Beyond capital deployment, Shorooq emphasizes a hands-on, value-add approach, leveraging its extensive network and operational expertise to support portfolio companies in scaling and achieving market leadership. This commitment to fostering ecosystem growth has cemented their reputation as a strategic partner for founders.

With an impressive portfolio exceeding 80 companies, Shorooq Partners has deployed significant capital into the MENAP tech ecosystem, managing over $300 million in assets under management. Their investments span across critical sectors, contributing to the region's economic diversification and digital transformation. Notable portfolio companies include Pure Harvest Smart Farms, NymCard, and Tamara, among others, showcasing their diverse investment footprint. Shorooq Partners' ability to provide capital from initial seed funding to substantial growth rounds positions them as a versatile and impactful investor dedicated to nurturing the next generation of regional tech giants.

Investor Profile

Shorooq Partners has backed more than 72 startups, with 15 new investments in the last 12 months alone. The firm has led 31 rounds, about 43% of its total and boasts 6 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
  • Majority of deals are located in United Arab Emirates, Saudi Arabia, Pakistan.
  • Strong thematic focus on FinTech, Financial Services, E-Commerce.
  • Led 10 rounds in the past year.
  • Typical check size: $100K – $20M.

Stage Focus

  • Seed (44%)
  • Series A (28%)
  • Pre Seed (11%)
  • Series B (7%)
  • Debt Financing (4%)
  • Series Unknown (3%)
  • Series C (1%)
  • Convertible Note (1%)

Country Focus

  • United Arab Emirates (29%)
  • Saudi Arabia (21%)
  • Pakistan (14%)
  • United States (11%)
  • Egypt (10%)
  • United Kingdom (4%)
  • Bangladesh (3%)
  • Jordan (3%)
  • South Korea (1%)
  • Seychelles (1%)

Industry Focus

  • Fintech
  • Financial Services
  • E-commerce
  • Software
  • Payments
  • Information Technology
  • Saas
  • B2b
  • Predictive Analytics
  • Retail
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Shorooq Partners frequently co-invest with?

FJ Labs
North America, New York, United States, New York
Co-Investments: 6
Arzan Venture Capital
Asia, Al Kuwayt, Kuwait, Kuwait
Co-Investments: 5
Endeavor Catalyst
North America, New York, United States, New York
Co-Investments: 7
500 Global
North America, California, United States, San Francisco
Co-Investments: 7
KI
North America, Maryland, United States, Hunt Valley
Co-Investments: 4
Raed Ventures
Asia, Ar Riyad, Saudi Arabia, Riyadh
Co-Investments: 6
Global Founders Capital
Europe, Berlin, Germany, Berlin
Co-Investments: 4
Wamda Capital
Asia, Dubai, United Arab Emirates, Dubai
Co-Investments: 5
Outliers Venture Capital
North America, California, United States, Menlo Park
Co-Investments: 8
Fatima Gobi Ventures
Asia, Punjab, Pakistan, Lahore
Co-Investments: 4

Which angels does Shorooq Partners often collaborate with?

PT
Europe, England, United Kingdom, London
Shared Deals: 3
JS
North America, California, United States, San Francisco
Shared Deals: 2
LB
North America, California, United States, San Francisco
Shared Deals: 1
SM
North America, New York, United States, New York
Shared Deals: 1
AL
North America, California, United States, San Francisco
Shared Deals: 1
MH
North America, New York, United States, New York
Shared Deals: 1
SC
North America, California, United States, San Jose
Shared Deals: 1
RA
North America, New York, United States, New York
Shared Deals: 1
Sachin Bhanot
Asia, Singapore
Shared Deals: 1
EC
Europe, Ile-de-France, France, Paris
Shared Deals: 1

What are some of recent deals done by Shorooq Partners?

Journify

San Francisco, California, United States

Journify is a Composobale Customer Data Platform

Data IntegrationEnterprise SoftwarePersonalizationSoftware
Series UnknownJul 22, 2025
qlub

Dubai, Dubai, United Arab Emirates

Qlub specializes in providing digital payment solutions and financial services for consumers in restaurants.

Financial ServicesFinTechPaymentsRestaurants
Series BJul 21, 2025
Amount Raised: $30,000,000
Rekaz

Riyadh, Ar Riyad, Saudi Arabia

Rekaz provides system to automate recurring payments, enhance online presence, improve customer relationships and boost sales.

Business IntelligenceInformation TechnologySaaS
SeedJul 8, 2025
Amount Raised: $5,000,000
Octane

Cairo, Al Qahirah, Egypt

Octane is a digital wallet for vehicles that streamlines payments for all vehicle related expenses.

Autonomous VehiclesFinancial ServicesPayments
SeedJun 17, 2025
Amount Raised: $5,200,000
Santechture

Dubai, Dubai, United Arab Emirates

Santechture is a healthcare technology innovator transforming Revenue Cycle Management in GCC with smart AI and cloud-based solutions.

Health CareSaaSSoftware
Series UnknownJun 5, 2025
Nawy

Cairo, Al Qahirah, Egypt

Nawy is Africa’s largest proptech. Its products include Nawy Shares, Nawy Now, Nawy Unlocked & Nawy Partners

MortgageProperty ManagementReal EstateReal Estate BrokerageReal Estate InvestmentRental PropertyResidential
Series AMay 12, 2025
Amount Raised: $52,000,000
NymCard

Abu Dhabi, Abu Dhabi, United Arab Emirates

NymCard is an API-first finance platform providing payment infrastructure, card issuance, transaction processing, and digital lending.

BankingFinancial ServicesFinTechPayments
Series BMar 18, 2025
Amount Raised: $33,000,000
CQR

Khobar, Ash Sharqiyah, Saudi Arabia

CQR dedicate ourselves to providing unparalleled protection, blending proactive strategies, cutting-edge tech, and guidance.

Cyber SecurityNetwork Security
SeedFeb 26, 2025
Amount Raised: $3,000,000
The Box Self Storage Services LLC

Dubai, Dubai, United Arab Emirates

The Box Self Storage Services is a storage provider offering self storage, local and international moving and packaging supplies.

LogisticsPackaging ServicesSelf-StorageSupply Chain Management
Debt FinancingFeb 20, 2025
Amount Raised: $12,500,000
Amwal Tech

Riyadh, Ar Riyad, Saudi Arabia

Amwal Tech provides authentication, identity orchestration, and frictionless payment solutions.

ComplianceIdentity ManagementPaymentsSecurity
SeedJan 13, 2025
Amount Raised: $4,000,000