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The Founder's Handbook

Top 44 Startups in Dubai in 2024

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Countless startups in the Dubai are being launched every day.

Many fail because they did not learn from the success of other companies who've managed to rise above.

We just published this list of 44 well-known and fast-growing Dubai companies that impressed investors.


44 Startups in the Dubai

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2,189 Accelerators & Incubators

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1) PISIQ

PISIQ

PISIQ is a research and development group that focuses on fostering prospective talents and startups that assist to improve people's lives.

Details of the startup:

  • Started in: 2016
  • Founders: Arman Salah, Mudar Muhissen, Nihal Mohammad Shaikh
  • Industries: Artificial Intelligence, Consulting, Information Technology, Internet, Product Research
  • Number of employees: 51-100
  • Funding: $32,890,000
  • Funding rounds: 3
  • Number of investors: 5 (Nihal Mohammad Shaikh, Mudar Muhissen, Tajir Al Youm, RYNMS, Mudar-M)

You can find their website here.

2) Careem

Careem

Careem is a company that creates an app that assists Dubai commuters in finding a car to rent.

Details of the startup:

  • Started in: 2012
  • Founders: Abdulla Elyas, Magnus Olsson, Mudassir Sheikha, Wael Nafee
  • Industries: Customer Service, Logistics, Public Transportation, Ride Sharing, Transportation
  • Number of employees: 1001-5000
  • Funding: $771,700,000
  • Funding rounds: 7
  • Number of investors: 22 (Daimler, Rakuten, DCM Ventures, Coatue, Didi)

You can find their website here.

3) Kitopi

Kitopi

Providing the fuel for the on-demand food industry.

Details of the startup:

  • Started in: 2018
  • Founders: Andres Arenas, Bader Ataya, Mohamad Ballout, Saman Darkan
  • Industries: Cloud Infrastructure, Delivery, Food and Beverage, Food Delivery, Internet, Restaurants, SaaS, Software
  • Number of employees: 1001-5000
  • Funding: $89,000,000
  • Funding rounds: 3
  • Number of investors: 12 (Endeavor Catalyst, MSA Capital, VentureSouq, BECO Capital, Rise Capital)

You can find their website here.

4) Ziina

Ziina

In the Middle East, Ziina is introducing the next generation of financial services. Ziina is the first peer-to-peer payment software in the UAE.

Details of the startup:

  • Started in: 2020
  • Founders: Andrew Gold, Faisal Toukan, Sarah Toukan
  • Industries: Financial Services, FinTech
  • Number of employees: 1-10
  • Funding: $8,475,000
  • Funding rounds: 5
  • Number of investors: 15 (FJ Labs, Goodwater Capital, Y Combinator, StartX (Stanford-StartX Fund), Graph Ventures)

You can find their website here.

5) Opontia

Opontia

Small e-commerce business owners can use Opontia to sell their businesses in a quick and fair manner.

Details of the startup:

  • Started in: 2021
  • Founders: Manfred Meyer, Philip Johnston
  • Industries: Brand Marketing, E-Commerce, Retail
  • Number of employees: 1-10
  • Funding: $20,000,000
  • Funding rounds: 2
  • Number of investors: 7 (Global Founders Capital, Kingsway Capital, Presight Capital, Raed Ventures, Tushar Ahluwalia)

You can find their website here.

6) Matic

Matic

Matic is a software-as-a-service (SaaS) marketplace for home services.

Details of the startup:

  • Started in: 2016
  • Founders: Mohamed Samad
  • Industries: Home Services, Information Technology, Marketplace, SaaS, Service Industry
  • Number of employees: 101-250
  • Funding: $3,050,000
  • Funding rounds: 3
  • Number of investors: 2 (Middle East Venture Partners (MEVP), Oqal)

You can find their website here.

7) Telegram Messenger

Telegram Messenger

Telegram is a cloud-based messaging service for mobile and desktop that prioritizes privacy, security, and speed.

Details of the startup:

  • Started in: 2013
  • Founders: Nikolai Durov, Pavel Durov
  • Industries: Apps, Messaging, Mobile, Mobile Apps, Social Media, Software
  • Number of employees: 11-50
  • Funding: $1,000,000,000
  • Funding rounds: 1
  • Number of investors: 2 (Mubadala, Abu Dhabi Catalyst Partners)

You can find their website here.

8) Vezeeta

Vezeeta

Vezeeta is a practice management and digital healthcare booking tool.

Details of the startup:

  • Started in: 2012
  • Founders: Ahmed Badr, Amir Barsoum
  • Industries: Health Care, Medical, Medical Device, Software
  • Number of employees: 101-250
  • Funding: $71,498,880
  • Funding rounds: 10
  • Number of investors: 11 (International Finance Corporation, Endeavor Catalyst, Sahra Growth Capital, Gulf Capital, VNV Global)

You can find their website here.

9) RIZEK

RIZEK

RIZEK is a tech start-up that aims to increase employment creation in the MENA area.

Details of the startup:

  • Started in: 2019
  • Founders: Abdallah Abu-Sheikh, Ahmed Marzui
  • Industries: Information Services, Information Technology
  • Number of employees: 11-50
  • Funding: $15,000,000
  • Funding rounds: 3
  • Number of investors: 4 (ADQ, Peak Investments, E-tech investments, Rozana capital)

You can find their website here.

10) Property Finder

Property Finder

Property Finder is a real estate web company based in the Middle East and North Africa.

Details of the startup:

  • Started in: 2005
  • Founders: Michael Lahyani, Renan Bourdeau
  • Industries: Marketing, Real Estate
  • Number of employees: 101-250
  • Funding: $142,000,000
  • Funding rounds: 3
  • Number of investors: 6 (General Atlantic, Endeavor Catalyst, VNV Global, Xplorer Capital, Vostok Ventures)

You can find their website here.

11) Fetchr

Fetchr

Fetchr is a corporation that provides worldwide express, mail delivery, and logistics services.

Details of the startup:

  • Started in: 2012
  • Founders: Idriss Al Rifai, Joy Ajlouny
  • Industries: Delivery Service, E-Commerce, Information Technology, Logistics, Supply Chain Management
  • Number of employees: 1001-5000
  • Funding: $77,000,000
  • Funding rounds: 6
  • Number of investors: 21 (New Enterprise Associates, Endeavor Catalyst, Sahra Growth Capital, VentureSouq, Winklevoss Capital)

You can find their website here.

12) Souq

Souq

Souq is the owner and operator of a retail e-commerce website.

Details of the startup:

  • Started in: 2005
  • Founders: Ronaldo Mouchawar
  • Industries: Consumer Electronics, E-Commerce, Marketing, Marketplace, Retail, Shopping
  • Number of employees: 1001-5000
  • Funding: $460,000,000
  • Funding rounds: 5
  • Number of investors: 8 (Tiger Global Management, ACE & Company, Standard Chartered Bank, Baillie Gifford, Naspers)

You can find their website here.

13) Foodics

Foodics

Foodics is a restaurant management software program that keeps track of sales, transactions, inventory, employee schedules, and customer interactions.

Details of the startup:

  • Started in: 2014
  • Founders: Ahmad Al-Zaini, Musab Alothmani
  • Industries: Information Services, Management Information Systems, Restaurants, Software
  • Number of employees: 101-250
  • Funding: $27,996,075
  • Funding rounds: 4
  • Number of investors: 14 (500 Startups, Endeavor Catalyst, Raed Ventures, STV, Sanabil)

You can find their website here.

14) STARZ PLAY

STARZ PLAY

In collaboration with the United States, STARZ PLAY offers children's films, Hollywood programs, and documentaries, as well as Arabic programming.

Details of the startup:

  • Started in: 2014
  • Founders: Danny Bates, Maaz Sheikh, Saleem Bhatti
  • Industries: Digital Entertainment, Media and Entertainment
  • Number of employees: 101-250
  • Funding: $150,000,000
  • Funding rounds: 2
  • Number of investors: 5 (State Street Global Advisors, Delta Partners, Starz Entertainment, SEQ Capital Partners, Ruya Partners)

You can find their website here.

15) Shuaa Capital psc

Shuaa Capital psc

With over US$14 billion in assets under management, SHUAA Capital psc is a major asset management and investment banking platform.

Details of the startup:

  • Started in: 1979
  • Industries: Financial Services, FinTech
  • Number of employees: 101-250
  • Funding: $93,000,000
  • Funding rounds: 1
  • Number of investors: 1 (Abu Dhabi Financial Group)

You can find their website here.

16) Bayzat

Bayzat

Bayzat is a technology firm that specializes in insurance and HR software.

Details of the startup:

  • Started in: 2011
  • Founders: Brian Habibi, Talal Bayaa, Tarek Bayaa
  • Industries: Employee Benefits, Enterprise Software, Human Resources, Insurance, InsurTech, Software
  • Number of employees: 101-250
  • Funding: $28,598,445
  • Funding rounds: 5
  • Number of investors: 10 (Endeavor Catalyst, Point72 Ventures, Silicon Badia, BECO Capital, Raed Ventures)

You can find their website here.

17) Mamo Pay

Mamo Pay

Mamo Pay is a digital wallet and payment platform that offers a payment software that allows for easy money transfers.

Details of the startup:

  • Started in: 2016
  • Founders: Asim Janjua, Imad Gharazeddine, Mohammad El Saadi
  • Industries: Billing, FinTech, Payments, Peer to Peer, Personal Finance
  • Number of employees: 11-50
  • Funding: $9,500,000
  • Funding rounds: 2
  • Number of investors: 9 (500 Startups, Global Founders Capital, MSA Capital, VentureSouq, 4DX Ventures)

You can find their website here.

18) Namshi

Namshi

Namshi is a Dubai-based online e-commerce site that sells stylish footwear and clothes.

Details of the startup:

  • Started in: 2010
  • Founders: Faraz Khalid, Hisham Zarka, Hosam Arab
  • Industries: E-Commerce, Fashion, Lifestyle
  • Number of employees: 501-1000
  • Funding: $33,000,000
  • Funding rounds: 3
  • Number of investors: 6 (Rocket Internet, HV Capital, Summit Partners, Kinnevik AB, JPMorgan Partners (JPMP))

You can find their website here.

19) Aster DM Healthcare

Aster DM Healthcare

Dr. Azad Moopen, a doctor turned entrepreneur, began the road toward excellence in healthcare from his base in Dubai.

Details of the startup:

  • Started in: 1987
  • Founders: Azad Moopen
  • Industries: Health Care, Hospital, Wellness
  • Number of employees: 10001+
  • Funding: $400,756,945
  • Funding rounds: 4
  • Number of investors: 3 (Axis Bank, True North, Olympius Capital)

You can find their website here.

20) The Luxury Closet

The Luxury Closet

The Luxury Closet is a website where you can purchase, sell, and consign pre-owned luxury things at a discount.

Details of the startup:

  • Started in: 2012
  • Founders: Kunal Kapoor
  • Industries: E-Commerce, Lifestyle, Retail
  • Number of employees: 11-50
  • Funding: $18,100,000
  • Funding rounds: 4
  • Number of investors: 13 (Wamda Capital, Arzan Venture Capital, Middle East Venture Partners (MEVP), HB Investments, EQ2 Ventures)

You can find their website here.

21) Eyewa

Eyewa

Prescription contact lenses, color contact lenses, sunglasses, and eyeglasses are all available at Eyewa.

Details of the startup:

  • Started in: 2017
  • Founders: Anass Boumediene, Mehdi Oudghiri
  • Industries: E-Commerce, Eyewear, Marketing, Retail, Sales
  • Number of employees: 11-50
  • Funding: $27,138,000
  • Funding rounds: 8
  • Number of investors: 9 (500 Startups, Endeavor Catalyst, Wamda Capital, Nuwa Capital, EQ2 Ventures)

You can find their website here.

22) SellAnyCar.com

SellAnyCar.com

SellAnyCar.com is the first online car-buying service in the Middle East. We'll buy any car. Purchase and payment are guaranteed within 30 minutes.

Details of the startup:

  • Started in: 2013
  • Founders: Saygin Yalcin
  • Industries: Automotive, E-Commerce, Finance
  • Number of employees: 11-50
  • Funding: $35,000,000
  • Funding rounds: 3
  • Number of investors: 4 (Sanabil, Polar Light Ventures, Simile Venture Partners, Olayan Financing Company)

You can find their website here.

23) Sarwa.co

Sarwa.co

Sarwa is an online platform that enables Middle Eastern investors to invest in global markets in a simple and cost-effective manner.

Details of the startup:

  • Started in: 2017
  • Founders: Jad Sayegh, Mark Chahwan, Nadine Mezher
  • Industries: FinTech, Wealth Management
  • Number of employees: 11-50
  • Funding: $9,900,000
  • Funding rounds: 5
  • Number of investors: 14 (500 Startups, Vision Ventures, Shorooq Partners, Middle East Venture Partners (MEVP), Musaab Hakami)

You can find their website here.

24) Okadoc

Okadoc

Okadoc is the region's first immediate online appointment booking platform, connecting healthcare professionals with their patients in a smooth manner.

Details of the startup:

  • Started in: 2018
  • Founders: Fodhil Benturquia
  • Industries: Fitness, Health Care, Information Technology, mHealth, Software, Wellness
  • Number of employees: 11-50
  • Funding: $12,300,000
  • Funding rounds: 2
  • Number of investors: 2 (Abu Dhabi Investment Authority, Ithmar Capital)

You can find their website here.

25) phygicart

phygicart

Phygicart is a web-based shopping mall.

Details of the startup:

  • Started in: 2016
  • Founders: Jolly Antony
  • Industries: E-Commerce, E-Commerce Platforms, Shopping
  • Number of employees: 11-50
  • Funding: ₹1,000,000,000
  • Funding rounds: 1
  • Number of investors: 1 (Boby Chemmanur)

You can find their website here.

26) Beehive

Beehive

Beehive connects firms seeking funding with investors, forming mutually beneficial growth relationships.

Details of the startup:

  • Started in: 2014
  • Founders: Craig Moore
  • Industries: Financial Services, FinTech, Lending, Peer to Peer
  • Number of employees: 11-50
  • Funding: $15,500,000
  • Funding rounds: 4
  • Number of investors: 1 (Riyad TAQNIA Fund (RTF))

You can find their website here.

27) HolidayMe

HolidayMe

HolidayMe is an online site that provides clients in the Middle East with on-demand tailored vacation solutions.

Details of the startup:

  • Started in: 2013
  • Founders: Digvijay Pratap, Geet Bhalla
  • Industries: Leisure, Tourism, Travel
  • Number of employees: 51-100
  • Funding: $39,000,000
  • Funding rounds: 7
  • Number of investors: 9 (Accel, InnoVen Capital, Algebra Ventures, Global Ventures, Gobi Partners)

You can find their website here.

28) Telr

Telr

An award-winning start-up established in Dubai that provides payment gateway solutions.

Details of the startup:

  • Started in: 2013
  • Founders: Elias Ghanem, Harveen Narulla, Khaldoon Tabaza, Khalil Alami, Sirish Kumar, Sridhar Gorantla
  • Industries: E-Commerce, Financial Services, FinTech, Internet, Mobile, Payments, Web Development
  • Number of employees: 51-100
  • Funding: $13,900,000
  • Funding rounds: 3
  • Number of investors: 3 (iMENA Group, Harveen Narulla, Innovations East fund)

You can find their website here.

29) Foloosi

Foloosi

Foloosi simplifies consumer-to-business card payments by allowing businesses to display QR codes that customers may scan and pay with.

Details of the startup:

  • Started in: 2018
  • Founders: Mohan K, Omar Bin Brek
  • Industries: FinTech
  • Number of employees: 1-10
  • Funding: $2,524,592
  • Funding rounds: 4
  • Number of investors: 2 (Rashed Alfalasi, Mohammed Alsuwaidi)

You can find their website here.

30) NOW Money

NOW Money

NOW Money employs mobile banking technologies to provide accounts and remittances to the Middle East's unbanked population.

Details of the startup:

  • Started in: 2016
  • Founders: Ian Dillon, Katharine Budd
  • Industries: Banking, Financial Services, FinTech, Information Technology, Mobile Payments
  • Number of employees: 11-50
  • Funding: $10,872,500
  • Funding rounds: 5
  • Number of investors: 12 (Anthemis Group, Wamda Capital, Accion Venture Lab, Hambro Perks Ltd., Dubai International Financial Centre (DIFC))

You can find their website here.

31) Altibbi

Altibbi

Altibbi is the Arab World's largest digital health platform, with 1.5 million pages of medical content and a 24-hour telehealth service.

Details of the startup:

  • Started in: 2010
  • Founders: Ayman Sharaiha, Hussein Abdelkarim, Jalil Allabadi
  • Industries: Apps, Fitness, Health Care
  • Number of employees: 11-50
  • Funding: $8,500,000
  • Funding rounds: 3
  • Number of investors: 7 (Endeavor Catalyst, Middle East Venture Partners (MEVP), Global Ventures, Vickers Venture Partners, DASH Ventures)

You can find their website here.

32) Channel VAS

Channel VAS

Mobile Financial Services, Airtime Credit & Airtime Advance Services, Handset Loans, and Big Data Analytics are all offered by this leading Fintech company.

Details of the startup:

  • Started in: 2012
  • Founders: Bassim Haidar
  • Industries: Financial Services, FinTech, Mobile, Telecommunications
  • Number of employees: 101-250
  • Funding: $104,000,000
  • Funding rounds: 3
  • Number of investors: 3 (Convergence Partners, Ethos Private Equity, Development Partners International)

You can find their website here.

33) iKcon

iKcon

iKcon is a tech-enabled cloud kitchen operator that buys, cooks, and distributes food for restaurants and brands.

Details of the startup:

  • Started in: 2019
  • Founders: Kareem Abughazaleh, Khalid Baareh
  • Industries: Food and Beverage
  • Number of employees: 251-500
  • Funding: $25,000,000
  • Funding rounds: 2
  • Number of investors: 7 (Arzan Venture Capital, B&Y Venture Partners, Derayah Venture Capital, AlTouq Group, Mohamed Yousuf Naghi Group)

You can find their website here.

34) Floranow

Floranow

Using new technology and efficient cool chain solutions, a global online B2B marketplace connects flower and plant growers with purchasers.

Details of the startup:

  • Started in: 2016
  • Founders: Charif Mzayek
  • Industries: B2B, E-Commerce, Internet, Marketplace, Retail, Wholesale
  • Number of employees: 11-50
  • Funding: $7,000,000
  • Funding rounds: 4
  • Number of investors: 6 (Wamda Capital, HB Investments, Global Ventures, Jabbar Internet Group, Nama Ventures)

You can find their website here.

35) GrubTech

GrubTech

GrubTech is an end-to-end SaaS platform that enables restaurants and cloud kitchens to go digital.

Details of the startup:

  • Started in: 2019
  • Founders: Mohamed Al Fayed, Mohamed Hamedi
  • Industries: SaaS, Software
  • Number of employees: 51-100
  • Funding: $5,400,000
  • Funding rounds: 2
  • Number of investors: 7 (Asif Keshodia, Gry Loseth, Ghassan Oueida, Abdulmohsen Altouq, Hilmar Venter)

You can find their website here.

36) Sehteq

Sehteq

Sehteq is a Dubai-based health insurance firm using Oscar-like technologies.

Details of the startup:

  • Started in: 2017
  • Founders: Saif AlJaibeji
  • Industries: Health Insurance, Insurance
  • Number of employees: 101-250
  • Funding: $20,000,000
  • Funding rounds: 1
  • Number of investors: 1 (971 Capital)

You can find their website here.

37) Sweetheart Kitchen

Sweetheart Kitchen

Sweetheart Kitchen is a multi-brand virtual kitchen that produces and delivers meals using innovative cooking techniques.

Details of the startup:

  • Started in: 2019
  • Founders: Peter Schatzberg
  • Industries: Catering, Food and Beverage, Food Delivery, Food Processing, Manufacturing, Restaurants
  • Number of employees: 101-250
  • Funding: € 36,000,000
  • Funding rounds: 2
  • Number of investors: 1 (Peter Schatzberg)

You can find their website here.

38) MUNCH:ON

MUNCH:ON

With MUNCH:ON Pro, you can get 50% off and free delivery from the greatest restaurants, thanks to bundling, routing, and scheduling technologies.

Details of the startup:

  • Started in: 2016
  • Founders: Dana Baki, Mohammad Al Zaben
  • Industries: E-Commerce, Food and Beverage, Food Delivery, Food Processing, Information Technology, Internet, Location Based Services, Messaging
  • Number of employees: 101-250
  • Funding: $6,000,000
  • Funding rounds: 3
  • Number of investors: 13 (FJ Labs, Wamda Capital, Vision Ventures, Shorooq Partners, Arzan Venture Capital)

You can find their website here.

39) Seez

Seez

Seez is a smartphone app for automobile shoppers that is built on a data-driven automotive platform.

Details of the startup:

  • Started in: 2016
  • Founders: Andrew Kabrit, Tarek Kabrit
  • Industries: Apps, Artificial Intelligence, E-Commerce, Image Recognition, Internet, Machine Learning, Mobile, Search Engine
  • Number of employees: 11-50
  • Funding: $8,800,000
  • Funding rounds: 3
  • Number of investors: 5 (Wamda Capital, B&Y Venture Partners, Phoenician Funds, Crealize, B&Y)

You can find their website here.

40) Eat

Eat

Online Restaurant Reservations and Restaurant Management Software

Details of the startup:

  • Started in: 2014
  • Founders: David Feuillard, Nezar Kadhem
  • Industries: Apps, E-Commerce, Food and Beverage, Mobile, Reservations, Restaurants, SaaS, Software
  • Number of employees: 11-50
  • Funding: $7,200,000
  • Funding rounds: 3
  • Number of investors: 5 (500 Startups, Middle East Venture Partners (MEVP), Pinnacle Financial Partners, Derayah Financial, Tenmou)

You can find their website here.

41) ARADA

ARADA

ARADA is committed to creating stunning communities that inspire, enrich, and engage the people who live there.

Details of the startup:

  • Started in: 2016
  • Founders: HE Sheikh Sultan bin Ahmed Al Qasimi
  • Industries: Building Material, Property Development, Real Estate
  • Number of employees: 101-250
  • Funding: AED2,000,000,000
  • Funding rounds: 2
  • Number of investors: 3 (Abu Dhabi Commercial Bank, Mashreq Bank, Dubai Islamic Bank)

You can find their website here.

42) Souqalmal.com

Souqalmal.com

Souqalmal.com is the Middle East's premier financial comparison portal, with offices in Saudi Arabia, Bahrain, and the United Arab Emirates.

Details of the startup:

  • Started in: 2012
  • Founders: Ambareen Musa
  • Industries: Banking, Finance, Financial Services, Price Comparison
  • Number of employees: 51-100
  • Funding: $11,500,000
  • Funding rounds: 7
  • Number of investors: 10 (500 Startups, Endeavor Catalyst, VentureSouq, Hummingbird Ventures, Shorooq Partners)

You can find their website here.

43) Emirates Global Aluminium

Emirates Global Aluminium

Outside of the oil and gas sector, Emirates Global Aluminium (EGA) is the largest industrial firm in the UAE.

Details of the startup:

  • Started in: 1975
  • Industries: Industrial, Machinery Manufacturing, Manufacturing, Oil and Gas
  • Number of employees: 10001+
  • Funding: $600,000,000
  • Funding rounds: 1
  • Number of investors: 4 (Standard Chartered Bank, Emirates NBD, Mashreq Bank, Commercial Bank of Dubai)

You can find their website here.

44) Odiggo

Odiggo

Spare Parts, Mobile App, and Website

Details of the startup:

  • Started in: 2018
  • Founders: Ahmed Nasser, Ahmed Omar
  • Industries: B2B, B2C, Big Data, E-Commerce, E-Commerce Platforms, Information Technology, Internet, Internet of Things, Predictive Analytics
  • Number of employees: 11-50
  • Funding: $752,000
  • Funding rounds: 3
  • Number of investors: 3 (Essa Al-Saleh, Agitero AG, Saeed Al Jaberi)

You can find their website here.

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