Bashar Hamood

Bashar Hamood serves as a Venture Partner at FasterCapital, a global online incubator and accelerator known for its unique co-funding model. Based in the United Arab Emirates, FasterCapital distinguishes itself by actively investing alongside startups, often covering 50% of the required capital. This approach aims to reduce the financial burden on founders while providing strategic support. Hamood's role involves leveraging his expertise to identify promising ventures, conduct due diligence, and mentor portfolio companies within this distinctive framework.

FasterCapital's investment strategy is largely stage-agnostic, targeting companies from pre-seed and seed stages through to Series A rounds. The firm's typical first cheque sizes range significantly, reflecting its diverse programs and the varying needs of early-stage companies. For instance, through its "Raise Capital" program, FasterCapital is prepared to invest amounts ranging from $50,000 up to $2,000,000, depending on the startup's specific requirements and valuation. This flexibility allows them to support a broad spectrum of ventures, from nascent ideas requiring initial seed funding to more developed startups seeking growth capital.

While headquartered in Dubai, FasterCapital maintains a global reach, with a particular emphasis on emerging markets and the MENA region. The firm is largely sector-agnostic, with a portfolio spanning diverse industries such as FinTech, EdTech, HealthTech, AI, and SaaS. Bashar Hamood's professional background, including his tenure as an Associate Director at Logica (now CGI), provides him with valuable experience in technology and business consulting, which complements FasterCapital's hands-on approach to startup development. His academic foundation from Heriot-Watt University further underpins his analytical capabilities, contributing to his effectiveness in evaluating and nurturing high-potential startups within FasterCapital's expansive ecosystem.