About ASI Ventures
ASI Ventures is a venture capital firm founded in 2015. It is primarily based out of United States. As of Sep 2022, ASI Ventures has invested in 5 companies. It primarily invests in Series A round in Egypt based startups. Its investments are spread across a wide range of sectors from HealthTech to FinTech and InsurTech. Most recently it participated in the $***** Series A round of Turaco A lot of funds co-invest with ASI Ventures, with names like Algebra Ventures sharing a substantial percentage of its portfolio.ASI Ventures' List of All Investments
ASI Ventures has a portfolio of 5 companies. Their most notable investments include Yodawy and Turaco.Their portfolio spans across Canada, Egypt, Kenya and 1 more locations. They have invested in HealthTech, FinTech, InsurTech and 5 other sectors, across stages such as Series A stage. Here is the list of all investments by ASI Ventures:
1. Yodawy
Yodawy provides an online pharmacy platform for patients. The application platform allows patients to search for the nearby pharmacies and helps to search for the medicines in the databases or upload the prescription sheets for ordering the medications. They also offer door delivery solutions for your prescription order and connects with the insurance provider for claims processing.
Key facts about Yodawy
- Founded Year: 2018
- Location: Cairo (Egypt)
- Stage: Series B
- Total Funding till date: $34.5M
- Employee Count: 172 as on Jul 01, 2024
- Investors: C Capital, Delivery Hero Ventures and 10 Others
- Latest Funding Round: Series B, Jan 16, 2024, $*****
- Highlight: Editors' Pick
2. Turaco
Provider of online micro-health insurance platform for individuals It offers microinsurance with low premiums. It also offers claims processing services. It provides microinsurance to low-income earners. It distributes microinsurance through partnerships with businesses.
Key facts about Turaco
- Founded Year: 2018
- Location: Nairobi (Kenya)
- Stage: Series A
- Total Funding till date: $17.9M
- Employee Count: 73 as on Jul 01, 2024
- Investors: British International Investment, Cathay Innovation and 17 Others
- Latest Funding Round: Series A, Nov 20, 2025, $*****
- Highlight: Editors' Pick
3. Dotsens
Dotsens is a smartphone-based personal car assistant. The car assistant set consists of a small car-mounted device called DS1, and a free smartphone app. The device is plugged into the vehicle’s power source and the app is installed on the smartphone. The device syncs with the app and provides various features including technical issue notifications, vehicle theft & collision warnings, speeding alerts & trip history, real-time location tracking, and others.
Key facts about Dotsens
- Founded Year: 2015
- Location: Olsztyn (Poland)
- Stage: Funding Raised
- Investors: ASI Ventures and 1 Other
4. Mosaic IT
Key facts about Mosaic IT
- Founded Year: 2012
- Location: Nanaimo (Canada)
- Stage: Funding Raised
- Employee Count: 11 - 50 as on Jul 01, 2024
- Investors: ASI Ventures
5. Exavitech
Key facts about Exavitech
- Founded Year: 2014
- Location: Canada
- Stage: Funding Raised
- Investors: ASI Ventures
ASI Ventures' Year-on-Year Investment Trends
ASI Ventures has invested in 5 companies over the last 7 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in Turaco.ASI Ventures' Investments by Stage
ASI Ventures has made 2 investments in Series A stage with an average round size of $5.5M.ASI Ventures' Investments by Sector
ASI Ventures has a diverse portfolio, with companies operating in the HealthTech, Consumer, FinTech and InsurTech. Notably, it has invested in 3 Consumer (B2C) companies, 3 Tech companies and 1 Enterprise (B2B) company.Sector | No. of Investments |
|---|---|
HealthTech | 2 |
Consumer | 1 |
FinTech | 1 |
InsurTech | 1 |
Note: We have considered here, only first round of investments
ASI Ventures' Investments by Geography
ASI Ventures has made most investments in Egypt (1), followed by Kenya where it has made 1 investment.ASI Ventures' recent investments
ASI Ventures has not made any investment in 2026 so far.Here are the most recent investments by ASI Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 01, 2022 | Kenya | Series A | 9529 | [+7] | |
Nov 12, 2019 | Egypt | Series A | 6282 | [+1] |
Co-investors of ASI Ventures
Over the past 7 years, 25 investors have co-invested in ASI Ventures's portfolio companies. This includes only funds.
- Invested before ASI Ventures: Novastar Ventures, Zephyr Management and 6 others have invested in rounds before ASI Ventures. There is 1 company where Novastar Ventures has invested before ASI Ventures and 1 company where Zephyr Management has invested before ASI Ventures.
- Top Co-investors of ASI Ventures: 8 investors entered a company along with ASI Ventures. These include investors like Algebra Ventures (1 company).
- Invested after ASI Ventures: A total of 9 investors have invested in ASI Ventures's portfolio after their investments. Top Investors include Middle East Venture Partners (1 company), Global Ventures (1 company) and Athaal (1 company).
Recent News related to ASI Ventures
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Turaco has secured a $10 million Series A funding roundTechgist Africa•Sep 24, 2022•Turaco, Africinvest, Cathay Innovation, Novastar Ventures and 6 others
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Kenyan insurance tech company Turaco gets $10 million in Series ATech In Africa•Sep 17, 2022•Turaco, Africinvest, Novastar Ventures, Cathay Innovation and 6 others
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Turaco Secures $10M Series A Round FundraiseFintech Finance•Sep 15, 2022•Turaco, Africinvest, Cathay Innovation, Novastar Ventures and 9 others
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Egyptian Digital Pharmacy Benefits Platform Yodawy Tops Off Stellar Rise with $1M InvestmentArabNet•Nov 11, 2019•Yodawy, CVentures, Algebra Ventures, ASI Capital and 2 others
