About Knuru
Knuru is a venture capital firm founded in 2018. It is primarily based out of Dubai, United Arab Emirates. As of Jul 2023, Knuru has invested in 21 companies. It primarily invests in Series A round in United Arab Emirates based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and Retail. Most recently it participated in the $***** Series A round of Alma Health Overall, Knuru portfolio has seen 2 IPOs and 2 acquisitions including key companies like Klarna, Chime and Clara. A lot of funds co-invest with Knuru, with names like MENA Moonshots sharing a substantial percentage of its portfolio. Knuru has team of 1 people including 1 partners.Key Metrics
Knuru's List of Top Investments
Knuru has a portfolio of 21 companies. Their most notable investments are in Ibancar and Klaim AI.Their portfolio spans across United Arab Emirates, United States, Spain and 4 more locations. They have invested in Enterprise Applications, Consumer, Retail and 13 other sectors, across stages such as Series A, Seed and 1 more. Here is the list of top investments by Knuru:
1. Klarna
Developer of an online platform for point-of-sale financing. It enables users to purchase products within the partnered merchant network and split the cost of the purchase from the stores into interest-free payments and also works in-store. It also enables users to make instalment payments by credit or debit cards on retail purchases, receive price changes, and deal alerts. Its mobile application is available on Android and iOS platforms.
Key facts about Klarna
- Founded Year: 2005
- Location: Stockholm (Sweden)
- Stage: Public
- Total Funding till date: $4.19B
- Employee Count: 4,629 as on Jun 30, 2026
- Investors: SeedFord Partners, equitywestsecurities.com and 137 Others
- Latest Funding Round: Conventional Debt, Aug 21, 2025, $*****
- Highlight: Public
2. Chime
Digital bank for individuals. Its services include debit cards, savings account, money transfers, cash withdrawals, online/offline payments, check deposits, and more. It also offers transaction and balance alerts. The application is available on iOS and Android devices.
Key facts about Chime
- Founded Year: 2012
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $3.15B
- Employee Count: 2,481 as on Jun 30, 2026
- Investors: equitywestsecurities.com, Citdex and 57 Others
- Latest Funding Round: Series F, Aug 06, 2021, $*****
- Highlight: Public
3. StockGro
Operator of a stock market advisory platform. The company provides real-time market insights and expert-backed stock recommendations. It offers tools tailored for both long-term investors and intraday traders. The platform fosters a collaborative community of experts where traders can engage, learn, and grow together. It also provides free courses and structured learning programs, equipping its users with the necessary knowledge to navigate the stock market effectively.
Key facts about StockGro
- Founded Year: 2020
- Location: Bengaluru (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $121M
- Employee Count: 62 as on Aug 31, 2025
- Investors: Trifecta Capital, 108 Capital and 111 Others
- Latest Funding Round: Series B, Jun 13, 2026, $*****
- Highlight: Editors' Pick
4. Joi Gifts
Online retail platform offering multi-category gifts. The offerings include flowers, cakes, gourmet, and occasional gifts. It also provides gifts ideas through its platform. It offers features like gift search options and premium delivery services by its agents, such as singing telegrams. It also provides senders and recipients to exchange video messages.
Key facts about Joi Gifts
- Founded Year: 2015
- Location: Dubai (United Arab Emirates)
- Stage: Series A
- Total Funding till date: $4.25M
- Employee Count: 60 as on Jun 30, 2026
- Investors: Knuru, Khwarizmi Ventures and 6 Others
- Latest Funding Round: Series A, Apr 27, 2022, $*****
- Highlight: Editors' Pick
5. BAYZAT
Provider of hr administration, payroll management, employee benefits, and health insurances solutions. It offers solutions to automate the payroll and also provides companies to compare, buy and use their health insurance and also helps in process of health insurance claims.
Key facts about BAYZAT
- Founded Year: 2012
- Location: Dubai (United Arab Emirates)
- Stage: Series C
- Total Funding till date: $60M
- Employee Count: 322 as on Jun 30, 2026
- Investors: Mubadala, BECO Capital and 20 Others
- Latest Funding Round: Series C, Dec 22, 2022, $*****
- Highlight: Editors' Pick
Knuru's Year-on-Year Investment Trends
Knuru has invested in 21 companies over the last 7 years, with an average of 1 new investment annually in the last 5 years. Its most recent first time investment was in Alma Health and most recent follow-on round was in Ibancar.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 1 | 0 | 1 |
2022 | 4 | 0 | 4 |
2021 | 2 | 1 | 3 |
2020 | 1 | 0 | 1 |
2019 | 1 | 0 | 1 |
Knuru's Investments by Stage
Knuru has made 4 investments in Series A stage with an average round size of $8.62M, 3 investments in Seed stage with an average round size of $3.92M and 2 investments in Series C stage with an average round size of $23M.Stage of entry | No. of Investments |
|---|---|
Series A | 4 |
Seed | 3 |
Series C | 2 |
Note: We have considered here, only first round of investments
Knuru's Investments by Sector
Knuru has a diverse portfolio, with companies operating in the Consumer, HealthTech, Enterprise Applications, Retail and Vertical SaaS. Notably, it has invested in 19 Tech companies, 12 Enterprise (B2B) companies, 10 Consumer (B2C) companies and at least 10 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 3 |
HealthTech | 3 |
Enterprise Applications | 2 |
Retail | 2 |
Vertical SaaS | 2 |
Others | 6 |
Note: We have considered here, only first round of investments
Knuru's Investments by Geography
Knuru has made most investments in United Arab Emirates (5), followed by Spain where it has made 2 investments.Country | No. of Investments |
|---|---|
United Arab Emirates | 5 |
Spain | 2 |
Kenya | 1 |
Nigeria | 1 |
Note: We have considered here, only first round of investments
Knuru's recent investments
Knuru has not made any investment in 2026 so far.Here are the most recent investments by Knuru:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 11, 2023 | United Arab Emirates | Series A | 6940 | [+4] | |
Nov 17, 2022 | United Arab Emirates | Seed | 3202 | - | |
Apr 05, 2022 | Spain | Series C | 7065 | [+3] | |
Mar 11, 2022 | United Arab Emirates | Series A | 4928 | ||
Jan 21, 2022 | Kenya | Seed | 4584 |
IPOs and Publicly Listed companies in Knuru's Portfolio
2 of Knuru's portfolio companies have become public. Klarna got listed on the New York Stock Exchange (NYSE), in Sep 2025 at marketcap of $15.1B and Chime got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $8.97B.Here are Knuru's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 10, 2025 | - | - | 2805 | |
Jun 12, 2025 | - | - | 6325 |
Acquired companies in Knuru's Portfolio
2 companies from Knuru's portfolio have been acquired. The most recent acquisition was Clara in Feb 2026 by Ascentium for $*****.Here are Knuru's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 12, 2026 | - | - | 3393 | |
Dec 11, 2023 | - | - | 7511 |
Team profile of Knuru
Knuru has a team of 1 member. Knuru's team does not sit on the board of any company as of now.Co-investors of Knuru
Over the past 7 years, 46 investors have co-invested in Knuru's portfolio companies. This includes funds and angels.
- Invested before Knuru: DIFC, Accion and 19 others have invested in rounds before Knuru. There is 1 company where DIFC has invested before Knuru and 1 company where Accion has invested before Knuru.
- Top Co-investors of Knuru: 20 investors entered a company along with Knuru. These include investors like MENA Moonshots (1 company).
- Invested after Knuru: A total of 5 investors have invested in Knuru's portfolio after their investments. Top Investors include Panthera Capital Investments (1 company), CDG Invest (1 company) and Thtcapital (1 company).
Recent News related to Knuru
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Alma Health closes Series A round at US$10Zawya•Jul 12, 2023•Alma Health, Knuru, Salica Investments, Oryx Fund and 7 others
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Savana raises USD25m in funding round led by Conexo Ventures, Knuru Capital and Aldea VenturesPrivate Equity Wire•Apr 05, 2022•Savana, Conexo Ventures, Knuru, Aldea Ventures and 2 others
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UAE brand The Giving Movement raises $15m in Series A roundGulf Business•Mar 11, 2022•The Giving Movement, Knuru
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Kenya’s Amitruck Raises $4 Million in Seed FundingKenyan Wall Street•Feb 02, 2022•AmiTruck, Better Tomorrow Ventures, Dynamo Ventures, Rackhouse Ventures and 5 others
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Spanish Fintech Ibancar Secures Credit Facility Of Up to €10M led By Knuru CapitalCrowdfund Insider•Dec 23, 2021•Ibancar, Knuru
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Dubai's Now Money raises $7 million to expand its digital banking solution for unbanked workers across GCCMENAbytes•Mar 29, 2021•NOW Money, Anthemis Group, Knuru, Wamda and 7 others
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