About The Nest I/O
The Nest I/O, an accelerator and incubator program founded in 2014, is based in Karachi, Pakistan. With a presence in 2 countries, it has supported around 96 startups in sectors like Consumer, Enterprise Applications. As of Oct 2026, The Nest I/O has witnessed 1 portfolio exit. Most notable companies in
its portfolio include Peekaboo, QnE and Unity Retail. The program primarily supports Seed startups based in Pakistan. Its latest investment was a Undisclosed Seed round in Mux Life on Feb 2019.
Key Metrics
Founded Year
2014
Location
Karachi, Pakistan
Sectors of Investment
Stages of Investment
Seed
Locations of Investment
The Nest I/O's List of Top Investments
The Nest I/O has a portfolio of 96 companies. Their most notable investments are in Mux Life and DESK.Their portfolio spans across Pakistan and United States. They have invested in Consumer, Enterprise Applications, HealthTech and 23 other sectors, across stages such as Seed stage. Here is the list of top investments by The Nest I/O:1. Peekaboo
Peekaboo Guru is an online platform providing multi-category deals. Offerings include deals across various categories such as food, lifestyle, entertainment, health, home decor, electronics, and more. Users can purchase deals online & redeem at nearby stores. Users can purchase deals from various brands such as Kross Kulture, Stylo Shoes, Tarzz, Karachi Broast, and others. The company has an app-based platform for both iOS & Android users.
Key facts about Peekaboo
- Founded Year: 2016
- Location: Karachi (Pakistan)
- Stage: Funding Raised
- Employee Count: 12 as on Sep 30, 2026
- Investors: The Nest I/O
2. QnE
QnE is an online retailer of groceries, personal care, and baby products. It offers grocery products including meat, fruits, vegetables rice & pulses, dairy products, seafood, and others. It also provides frozen, baby products, households & pet food, pharmacy, fashion & accessories, personal care, and others. The products are delivered at the doorstep with their own fleet of delivery vans and bikes.
Key facts about QnE
- Founded Year: 2015
- Location: Karachi (Pakistan)
- Stage: Funding Raised
- Employee Count: 8 as on Sep 30, 2026
- Investors: The Nest I/O
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3. Unity Retail
Unity Retail is the provider of an order processing platform. Its features include plug-and-play website integration, workflow management, order processing, accounts receivables and payables reports, shipment tracking, and address label printing.
Key facts about Unity Retail
- Founded Year: 2017
- Location: Karachi (Pakistan)
- Stage: Seed
- Employee Count: 15 as on Sep 30, 2026
- Investors: The Nest I/O and Boston Equity Partners
- Latest Funding Round: Seed, Jan 16, 2021, $*****
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4. ConnectHear
Key facts about ConnectHear
- Founded Year: 2018
- Location: Karachi (Pakistan)
- Stage: Seed
- Employee Count: 42 as on Aug 31, 2026
- Investors: The Nest I/O and 1 Other
- Latest Funding Round: Angel, Jan 03, 2018, $*****
Online platform to find and book tours. Users can find trips based on the destination or activities including trekking, cliff diving, honeymoon, giveaways, sightseeing, watersports and more. Bookings can be done via the platform by making an online payment.
Key facts about Find My Adventure
- Founded Year: 2016
- Location: Karachi (Pakistan)
- Stage: Acquired
- Total Funding till date: $600K
- Employee Count: 29 as on May 31, 2026
- Investors: The Nest I/O
- Latest Funding Round: Seed, Oct 19, 2020, $*****
- Highlight: Acquired
The Nest I/O's Year-on-Year Investment Trends
The Nest I/O has invested in 96 companies over the last 11 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in Mux Life.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 0 | 0 | 0 |
2020 | 0 | 0 | 0 |
2019 | 1 | 0 | 1 |
2018 | 3 | 0 | 3 |
2017 | 1 | 0 | 1 |
The Nest I/O's Investments by Stage
The Nest I/O has made 9 investments in Seed stage.The Nest I/O's Investments by Sector
The Nest I/O has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Media & Entertainment, EdTech and Education. Notably, it has invested in 56 Tech companies, 49 Consumer (B2C) companies, 17 Enterprise (B2B) companies and at least 17 companies focusing on Software.Sector | No. of Investments |
|---|---|
Enterprise Applications | 3 |
Consumer | 2 |
Media & Entertainment | 2 |
EdTech | 1 |
Education | 1 |
Others | 8 |
Note: We have considered here, only first round of investments
The Nest I/O's Investments by Geography
The Nest I/O has made most investments in Pakistan (9).The Nest I/O's recent investments
The Nest I/O has not made any investment in 2026 so far.Here are the most recent investments by The Nest I/O:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 2019 | Pakistan | Seed | 4000 | - | |
Jan 12, 2018 | Pakistan | Seed | 1513 | - | |
Jan 12, 2018 | Pakistan | Seed | 7408 | - | |
Jan 12, 2018 | Pakistan | Seed | 9459 | - | |
May 23, 2017 | Pakistan | Seed | 1830 | - |
Acquired companies in The Nest I/O's Portfolio
1 company from The Nest I/O's portfolio has been acquired. The most recent acquisition was Find My Adventure in Feb 2022 by Go Zayaan for $*****.Here are The Nest I/O's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 16, 2022 | - | - | 7770 |
Recent News related to The Nest I/O
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Pakistani startup secures Investment of Rs 5 MillionTechJuice•May 30, 2017•The Nest I/O, CertCars, HomeShopping
