We are a Venture Capital firm that invests in early stage technology startups with a focus on the Middle East & North Africa (MENA). Iliad Partners works with high growth software and internet-based ventures that capitalize on highly-scalable technologies and business models to solve local problems and support E-Commerce Enablement in the region and across emerging markets.
Our investment scope has two key pillars.
MENA: “Regional Digitization": Local MENA startups - with a focus on the UAE, Saudi Arabia, the GCC and Levant - that are tech-enabling key verticals of the economy via innovative yet proven post-revenue concepts and mainly B2B models. Here we focus on products that are localized for the region and executed by strong founders and teams. We focus on Series A and B rounds that aim to serve as a catalyst to expand in the region and beyond. Spaces we find interesting include Logistics, Transport / Mobility, FinTech, Insurance, Real Estate / PropTech, Retail, Education / E-Learning and Hospitality among others.
Global: “Importing Innovation”: Global technology startups that are at the forefront of technology innovation and are seeking capital for global expansion and MENA market entry. Iliad in this case invests to ‘import innovation’ to fill innovation gaps in emerging technologies in MENA and help startups from other geographies enter the region and grow their business regionally. Emerging tech we find interesting and believe can have multiple applications in MENA, include artificial intelligence and machine learning, big data and analytics, and innovative SaaS for verticals among others for the sectors that we focus on.
As former entrepreneurs and industry executives with significant operating and investment experience, and global capabilities and reach, we take an active, hands-on approach. We leverage our operating profile, Board participation and regional network to actively support our startups – including with regional business development with key clients and strategic partners, market access and regional expansion, finding and attracting the right talent, building and developing the Finance function.
Above all, we deeply value our relationship with founders and work hard to help them succeed as our partners – Iliad Partners.