SANAD Fund

Europe, Hessen, Germany, Frankfurt

Description

The SANAD* Fund for MSME views the micro, small and medium enterprise sector as an engine of economic development

Investor Profile

SANAD Fund has backed more than 8 startups, with 4 new investments in the last 12 months alone. The firm has led 3 rounds, about 38% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

Concentrates on Series A, Series Unknown, Pre Seed rounds (top funding stages).
Majority of deals are located in Egypt, Kenya, Jordan.
Strong thematic focus on Apps, E-Commerce, Mobile Payments.
Led 1 rounds in the past year.

Stage Focus

Series A (38%)
Series Unknown (25%)
Pre Seed (13%)
Series B (13%)
Debt Financing (13%)

Country Focus

Egypt (63%)
Kenya (13%)
Jordan (13%)
Côte d'Ivoire (13%)

Industry Focus

Apps
E-commerce
Mobile Payments
Marketplace
Fintech
Information Technology
Warehousing
Internet
Saas
Trading Platform

FAQ

Frequently Asked Questions

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

Who does SANAD Fund frequently co-invest with?

Silicon Badia

North America, New York, United States, New York

Co-Investments: 2

Pharos Holding

Africa, Al Qahirah, Egypt, Cairo

Co-Investments: 1

International Finance Corporation

North America, District of Columbia, United States, Washington

Co-Investments: 1

Ayady

Africa, Al Qahirah, Egypt, Zamalek

Co-Investments: 1

Visa

North America, California, United States, Foster City

Co-Investments: 1

Algebra Ventures

Africa, Al Qahirah, Egypt, Cairo

Co-Investments: 2

Khwarizmi Ventures

Asia, Ar Riyad, Saudi Arabia, Riyadh

Co-Investments: 2

GIZ - Gesellschaft für Internationale Zusammenarbeit

Europe, Nordrhein-Westfalen, Germany, Bonn

Co-Investments: 1

EBE

Co-Investments: 1

Alexbank

Africa, Al Qahirah, Egypt, Cairo

Co-Investments: 1

What are some of recent deals done by SANAD Fund?

Beltone Leasing and Factoring

Cairo, Al Qahirah, Egypt

Beltone Leasing and Factoring platform enables companies to unlock critical growth capital and accelerate cashflows.

FinTechFunding PlatformLeasing

Debt FinancingJun 22, 2025

Amount Raised: $20,000,000

Djamo

Abidjan, Lagunes, Côte d'Ivoire

Djamo is a provider of financial applications that allow customers to use their cards with zero fees in a range of services.

AppsFinanceMobile Payments

Series UnknownApr 3, 2025

Amount Raised: $17,000,000

Khazna

Cairo, Al Qahirah, Egypt

A Financial Super App that offers easy to use, technology-driven financial services to Egypt’s underserved consumers and micro-businesses.

AppsFinancial ServicesFinTechMobile Payments

Series BFeb 4, 2025

Amount Raised: $16,000,000

Cartona

Gîza, Al Jizah, Egypt

Cartona is a B2B e-commerce marketplace that connects buyers and sellers across the supply chain.

AppsE-CommerceMarketplace

Series AJul 30, 2024

Amount Raised: $5,600,000

Cartona

Gîza, Al Jizah, Egypt

Cartona is a B2B e-commerce marketplace that connects buyers and sellers across the supply chain.

AppsE-CommerceMarketplace

Series AJul 25, 2022

Amount Raised: $12,000,000

POSRocket

Amman, Amman, Jordan

A could based point-of-sale platform that helps SMEs run a smarter business

ComputerSoftwareStaffing Agency

Series UnknownAug 4, 2021

Amount Raised: $5,000,000

Sky.Garden

Nairobi, Nairobi Area, Kenya

Sky.Garden is SaaS ecommerce platform that helps retail stores digitize offline and online sales.

E-CommerceInternetMobile PaymentsSaaSTrading Platform

Series AJun 14, 2021

Amount Raised: $3,998,312

El Zatona

Cairo, Al Qahirah, Egypt

ElZatona offers warehouse and sales management program.

Information TechnologyWarehousing

Pre SeedMay 30, 2019

Amount Raised: $25,000

SANAD Fund

Description

Investor Profile

Investment Focus Highlights

Stage Focus

Country Focus

Industry Focus

Frequently Asked Questions

Who does SANAD Fund frequently co-invest with?

What are some of recent deals done by SANAD Fund?

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