Overview
Portfolio
More
Algebra Ventures
Algebra Ventures invests in early‑stage technology companies across Egypt and Sub‑Saharan Africa that address large market problems through innovative software, AI, fintech, healthtech and mobility solutions. The firm se...
Portfolio
23+
Employees
N/A
Founded
N/A
AUM
≈ $154.0M
Investment focus
Stages
Seed → Series C+
Industries
Agriculture TechnologyArtificial IntelligenceFinancial TechnologyHealthcare Technology
Geographic scope
Africa
Fund details
Funds
Fund I
Vintage 2016 • $54.0M
Fund II
Vintage 2021 • $100.0M
Algebra Ventures
Algebra Ventures invests in early‑stage technology companies across Egypt and Sub‑Saharan Africa that address large market problems through innovative software, AI, fintech, healthtech and mobility solutions. The firm seeks bold founders building scalable products that can improve millions of lives and generate significant economic impact. It leverages deep regional expertise and a strong network of co‑investors to support portfolio growth.
Portfolio
23+
Employees
N/A
Founded
N/A
AUM
≈ $154.0M
Funds
Fund I · Vintage 2016 • $54.0M
Fund II · Vintage 2021 • $100.0M
Stages
Seed → Series C+
Industries
Agriculture TechnologyArtificial IntelligenceFinancial TechnologyHealthcare TechnologyMobility & Transportation
Geographic scope
Africa
Showing 23 of 23 matched portfolio companies
Cartona is a B2B e-commerce marketplace that digitizes the traditional trade market in Egypt by connecting retailers directly with FMCG producers and wholesalers through a user-friendly mobile platform. This solution addresses inefficiencies in inventory management and order fulfillment, enabling retailers to access a wide range of products and streamline their purchasing processes 24/7.
Funding: $22.0M
Rough estimate of the amount of funding raised
Algebra Ventures
Algebra Ventures
Funding: $22.0M
Rough estimate of the amount of funding raised
This company provides a comprehensive embedded finance platform enabling businesses to issue white-labeled payment cards and facilitate digital payments quickly. They offer integrated lending capabilities to extend credit to users, including the unbanked population, creating new revenue streams. Furthermore, the platform supports customer rewards programs and provides a SaaS control panel for managing banking relationships and user data insights.
Funding: $8.0M
Rough estimate of the amount of funding raised
Algebra VenturesDisruptech Ventures
Algebra VenturesDisruptech Ventures
Funding: $8.0M
Rough estimate of the amount of funding raised
DeepEcho develops intelligent ultrasound software utilizing Artificial Intelligence and Deep Learning to assist in ultrasound video diagnosis. This technology mimics trained sonographers to help radiologists and minimally trained clinicians perform automated fetal measurements and computer-assisted diagnosis. The platform aims to improve prenatal and maternal care globally by providing fast, precise screening with over 95% accuracy.
DX is an engineering intelligence platform that combines quantitative and qualitative insights to provide a clear view of developer productivity and performance bottlenecks. By utilizing a scientific approach, it enables organizations to enhance engineering velocity and make data-driven decisions across all levels of management.
Funding: $2.0M
Rough estimate of the amount of funding raised
Funding: $2.0M
Rough estimate of the amount of funding raised
elm utilizes a video-based survey platform to capture nuanced employee feedback on daily interactions, providing leaders with actionable insights to enhance workplace culture. By mapping these insights to organizational values, elm enables leaders to identify and address specific behavioral drivers that impact team engagement and performance.
Enza provides a cloud‑native, open‑API payments platform that connects banks, fintechs and merchants across Africa to a unified processing layer for consumer, e‑commerce, in‑person and ATM transactions. The platform delivers real‑time analytics, built‑in fraud detection, regulatory compliance and auto‑scaling micro‑services, enabling clients to launch new payment products and revenue streams with minimal engineering effort.
Funding: $6.8M
Rough estimate of the amount of funding raised
Algebra VenturesQuona Capital
Algebra VenturesQuona Capital
Funding: $6.8M
Rough estimate of the amount of funding raised
Eve is a customizable AI assistant designed specifically for the legal profession, enabling attorneys to efficiently draft legal documents, analyze case data, and manage discovery processes. By automating time-consuming tasks, Eve allows law firms to handle more cases and improve their operational efficiency without increasing headcount.
Funding: $60.3M
Rough estimate of the amount of funding raised
Funding: $60.3M
Rough estimate of the amount of funding raised
<name>Hi</name>
<description>Hi provides a licensed crypto‑fiat neobank platform that enables users to trade over 100 cryptocurrencies alongside traditional fiat currencies. The app combines trading, yield‑earning savings accounts, and payment functionality in a single mobile interface. Users can set flexible crypto savings goals and withdraw funds at any
Funding: $30.0M
Rough estimate of the amount of funding raised
Funding: $30.0M
Rough estimate of the amount of funding raised
Idenza provides an AI-native platform for modern fraud and compliance management tailored for the payments ecosystem. The system uses AI-driven insights for real-time suspicious activity detection and intelligent case analysis to accelerate resolution. This results in reduced manual review, lower operational costs, and fully auditable, regulator-ready decision-making.
The startup operates a mobile application platform that enhances financial services for Egyptians by enabling seamless payments, savings, and insurance management. It allows users to access cash advances, transfer funds without transaction fees, and perform cash withdrawals and deposits, addressing the need for convenient and secure financial solutions in the region.
Funding: $173.0M
Rough estimate of the amount of funding raised
Beltone Venture Capital
Beltone Venture Capital
Funding: $173.0M
Rough estimate of the amount of funding raised
Lucky provides real-time omnichannel conversion and inventory data to retailers and brands, enabling them to optimize marketing strategies and improve sales performance. By capturing retail customer data, Lucky helps businesses increase direct-to-consumer conversion rates and reduce stock-outs, driving measurable revenue growth.
Funding: $3.3M
Rough estimate of the amount of funding raised
Funding: $3.3M
Rough estimate of the amount of funding raised
MNT-Halan is a microfinance and digital payments platform that provides financial services to the unbanked and underbanked in Egypt, utilizing mobile wallets, virtual cards, and a Buy Now Pay Later (BNPL) system. The platform addresses the lack of access to traditional banking by offering quick loan disbursements and efficient payment solutions, facilitating financial inclusion for over 5 million clients.
Funding: $537.5M
Rough estimate of the amount of funding raised
International Finance Corporation
International Finance Corporation
Funding: $537.5M
Rough estimate of the amount of funding raised
Provides a digital platform for farmers in Egypt and the MENA region, combining contract farming, supply chain visibility, and financial services to optimize crop production and sales. The platform enables farmers to secure funding, track crop quality from seed to factory, and access stable market opportunities, improving productivity and income stability.
Mtor is an online-to-offline marketplace that enables automotive workshops to order spare parts on-demand through a tech-enabled platform, ensuring real-time access to pricing, availability, and fitment data. This solution addresses inefficiencies in the automotive aftermarket supply chain by providing competitive pricing and direct delivery to service centers, enhancing operational efficiency for independent workshops.
Funding: $2.8M
Rough estimate of the amount of funding raised
Algebra Ventures
Algebra Ventures
Funding: $2.8M
Rough estimate of the amount of funding raised
Oliv provides digital invoice financing for small and medium enterprises in Egypt, offering a revolving credit line that can be accessed within 48 hours of submitting e‑invoices. The platform uses an automated credit engine to evaluate business performance, assigns a credit limit, and allows businesses to draw funds, repay, and reuse the facility without requiring integration with accounting software. Revenue is generated through transparent fees applied to each financing transaction.
Algebra VenturesAlter Global
PosRocket offers a cloud-based point-of-sale platform designed for small and medium-sized enterprises (SMEs) to streamline transaction management and inventory tracking. This solution enhances operational efficiency by providing real-time sales analytics and simplifying payment processing, enabling businesses to make informed decisions and improve customer service.
Founded 2016
Re is an on‑chain reinsurance protocol that tokenizes real reinsurance treaties, issuing fully collateralized tokens backed by verified insurance premiums. The platform provides institutional investors and insurers with regulated, transparent access to the $800B+ reinsurance market, delivering 8‑16% annual yields that are largely uncorrelated with traditional assets while maintaining defined risk limits and underwriting discipline.
Funding: $7.0M
Rough estimate of the amount of funding raised
Funding: $7.0M
Rough estimate of the amount of funding raised
Sakneen provides a digital platform for real estate developers that synchronizes inventory management and enables online payments, streamlining the sales process across multiple devices. By automating offer generation and ensuring real-time updates, the platform saves developers significant time and enhances the efficiency of their sales teams.
Funding: $1.3M
Rough estimate of the amount of funding raised
Funding: $1.3M
Rough estimate of the amount of funding raised
Squares is a no-code platform that enables users to build and manage e-commerce websites. It provides tools for creating online stores without programming, simplifying the setup and ongoing management of digital storefronts.
Sylndr is an e-commerce marketplace for used cars that employs a rigorous 200-point inspection process and offers a 90-day warranty on all vehicles, ensuring high quality and reliability for buyers. The platform simplifies the buying and selling experience by providing transparent pricing, home delivery, and a seven-day return policy, addressing the trust issues prevalent in the used car market.
Funding: $12.6M
Rough estimate of the amount of funding raised
EFG Hermes
EFG Hermes
Funding: $12.6M
Rough estimate of the amount of funding raised
Trella is a B2B technology platform that connects shippers with carriers in the fragmented freight industry, utilizing GPS tracking and a centralized dashboard for real-time visibility and management of shipments. The platform addresses inefficiencies in load matching and transportation transparency, enabling carriers to access quality loads while providing shippers with reliable and cost-effective logistics solutions.
Funding: $60.6M
Rough estimate of the amount of funding raised
Funding: $60.6M
Rough estimate of the amount of funding raised
Yodawy operates a modern healthcare platform designed to simplify patient access to medication through technology. The service manages chronic prescription refills via a dedicated care program and facilitates on-demand delivery of OTCs and prescriptions through a mobile application. By integrating healthcare players and managing a large pharmacy network, the platform improves supply chain operations and reduces medication stockouts.
Funding: $40.6M
Rough estimate of the amount of funding raised
Ezdehar
Ezdehar
Funding: $40.6M
Rough estimate of the amount of funding raised
YoLa Fresh operates a technology platform connecting small-holder farmers directly with traditional fresh produce retailers in Africa. The solution uses data and machine learning to build predictive algorithms for supply, demand, and pricing within the perishable goods supply chain. This direct linkage aims to increase farmer profits while lowering costs for retailers.
Funding: $7.0M
Rough estimate of the amount of funding raised
Al Mada Ventures
Al Mada Ventures
Funding: $7.0M
Rough estimate of the amount of funding raised