About Plus VC
Plus VC is a venture capital firm founded in 2020. It is primarily based out of Abuja, Nigeria. As of May 2026, Plus VC is an active investor, having invested in 46 companies, with 19 new investments in the last 12 months. It primarily invests in Seed round in United Arab Emirates based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to FinTech and Consumer. Most recently it participated in the $***** Seed round of Siin A lot of funds co-invest with Plus VC, with names like Salica Investments sharing a substantial percentage of its portfolio. Plus VC has team of 11 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio Soonicorns
Plus VC's List of Top Investments
Plus VC has a portfolio of 46 companies. Their most notable investments are in Toolmart and Agel.Their portfolio spans across United Arab Emirates, Egypt, Saudi Arabia and 9 more locations. They have invested in Enterprise Applications, FinTech, Consumer and 16 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Plus VC:1. OCTA
Provider of an automated account receivables and reporting solutions for startups. The platform features A/R management, automated payment solutions, collection workflow, dashboard & analytics, and more.
Key facts about OCTA
- Founded Year: 2024
- Location: Abu Dhabi (United Arab Emirates)
- Stage: Seed
- Total Funding till date: $2.25M
- Employee Count: 41 as on Apr 30, 2026
- Investors: Quona, 500 Global and 5 Others
- Latest Funding Round: Conventional Debt, Jun 19, 2025, $*****
2. Vennre
Platform providing access to private market investments in various asset classes. It facilitates investments in real estate, private equity, venture capital, and private credit. The platform offers opportunities, connecting investors with vetted asset managers. It aims to streamline the investment process, providing tools and insights for informed decision-making. The platform focuses on offering access to private market deals.
Key facts about Vennre
- Founded Year: 2021
- Location: London (United Kingdom)
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $11M
- Employee Count: 18 as on Apr 30, 2026
- Investors: ACE & Company, Sanabil and 7 Others
- Latest Funding Round: Seed, Jan 26, 2026, $*****
3. BRKZ
Online marketplace offering construction materials. It provides materials such as cement, wood, block, steel, tiles, block and more.
Key facts about BRKZ
- Founded Year: 2022
- Location: Riyadh (Saudi Arabia)
- Stage: Series A
- Total Funding till date: $21.5M
- Investors: BECO Capital, Knollwood Investment Advisory and 9 Others
- Latest Funding Round: Venture Debt, Feb 10, 2025, $*****
- Highlight: Editors' Pick
4. Barakah
App-based platform offering surplus food delivery services. The app allows users to order surplus food products from partner restaurants. The offers food products like salads, beverages, soups, chicken dishes, veg dishes, pasta, bread, desserts, appetizers, and more. The company also offers a pickup option. The mobile app is available for Android and iOS users.
Key facts about Barakah
- Founded Year: 2021
- Location: Jeddah (Saudi Arabia)
- Stage: Seed
- Total Funding till date: $1.8M
- Employee Count: 141 as on Apr 30, 2026
- Investors: Salica Investments, FoodLabs and 5 Others
- Latest Funding Round: Seed, Mar 18, 2024, $*****
5. Unipal
App-based platform offering discounts and deals for students. It offers discounts on multi-category events and products like restaurants, sports, stationery, electronics, fashion, travel tickets, and more. The mobile application is available for Android and iOS users.
Key facts about Unipal
- Founded Year: 2020
- Location: Manama (Bahrain)
- Stage: Seed
- Total Funding till date: $532K
- Employee Count: 59 as on Apr 30, 2026
- Investors: RZM Investment, Doha Tech Angels and 6 Others
- Latest Funding Round: Seed, Dec 16, 2024, $*****
- Highlight: Editors' Pick
Plus VC's Year-on-Year Investment Trends
Plus VC has invested in 46 companies over the last 5 years, with an average of 9 new investments annually in the last 5 years. In 2025, it made 21 investments, while as of May 2026, it has made 8 investments in this year. Its most recent first time investment was in Siin and most recent follow-on round was in Lola.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 6 | 2 | 8 |
2025 | 20 | 1 | 21 |
2024 | 9 | 0 | 9 |
2023 | 7 | 0 | 7 |
2022 | 3 | 0 | 3 |
2021 | 1 | 0 | 1 |
Plus VC's Investments by Stage
Plus VC has made 44 investments in Seed stage with an average round size of $2.32M and 2 investments in Series A stage with an average round size of $36.5M.Stage of entry | No. of Investments |
|---|---|
Seed | 44 |
Series A | 2 |
Note: We have considered here, only first round of investments
Plus VC's Investments by Sector
Plus VC has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, FinTech, Retail and Vertical SaaS. Notably, it has invested in 41 Tech companies, 28 Enterprise (B2B) companies, 20 Consumer (B2C) companies and at least 17 companies focusing on Software.Sector | No. of Investments |
|---|---|
Enterprise Applications | 15 |
Consumer | 14 |
FinTech | 13 |
Retail | 12 |
Vertical SaaS | 5 |
Others | 31 |
Note: We have considered here, only first round of investments
Plus VC's Investments by Geography
Plus VC has made most investments in United Arab Emirates (16), followed by Egypt where it has made 8 investments.Country | No. of Investments |
|---|---|
United Arab Emirates | 16 |
Egypt | 8 |
Saudi Arabia | 7 |
United States | 4 |
Kuwait | 2 |
Others | 8 |
Note: We have considered here, only first round of investments
Plus VC's recent investments
Plus VC has made 8 investments in 2026 so far. Siin and Lola are the latest among them.Here are the most recent investments by Plus VC:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 05, 2026 | Saudi Arabia | Seed | 1270 | [+2] | |
Apr 27, 2026 | Qatar | Seed | 7181 | [+2] | |
Apr 01, 2026 | United Arab Emirates | Seed | 7642 | ||
Feb 04, 2026 | United Arab Emirates | Seed | 9335 | [+8] | |
Jan 28, 2026 | United Arab Emirates | Seed | 5983 |
Team profile of Plus VC
Plus VC has a team of 11 members including 1 Partner, 2 Venture Partners and 1 Principal located in United Arab Emirates, Saudi Arabia and 2 more locations. Plus VC's team does not sit on the board of any company as of now.Here is a list of top team members in Plus VC:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Bahrain | - | ||
Venture Partner | United Arab Emirates | - | - | |
Venture Partner | Saudi Arabia | - | - | |
Principal | Egypt | - |
Co-investors of Plus VC
Over the past 5 years, 161 investors have co-invested in Plus VC's portfolio companies. This includes funds and angels.
- Invested before Plus VC: Falak Startups, Flat6Labs and 44 others have invested in rounds before Plus VC. There are 4 companies where Falak Startups has invested before Plus VC and 3 companies where Flat6Labs has invested before Plus VC.
- Top Co-investors of Plus VC: 100 investors entered a company along with Plus VC. These include investors like Salica Investments (6 companies).
- Invested after Plus VC: A total of 15 investors have invested in Plus VC's portfolio after their investments. Top Investors include BECO Capital (1 company), 9900 Capital (1 company) and Wa'ed Ventures (1 company).
Recent News related to Plus VC
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Lola Raises $3 Million to Expand Custom Cake Platform Across GCCCairoScene•Apr 27, 2026•Plus VC, AlJazira Capital,
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Estaie Raises 7-Figure Pre-Seed Round for AI-Native Extended-Stay Platformmeatechwatch.com•Apr 01, 2026•Orbit Ventures, estaie, Plus VC, and 2 others
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UAE-Based Qureos Raises $5M Seed to Accelerate AI-Driven HiringStartup Scene ME•Feb 04, 2026•Salica Investments, Oraseya Capital, Sunny Side Venture Partners, BDev Ventures and 7 others
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Yozo e-commerce company raises $1.7 million in pre-seed funding roundhapijournal.com•Jan 28, 2026•Yozo, Suhail, Arzan, Oraseya Capital and 5 others
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Mantas Raises $1.77M in Seed FundingFinSMEs•Jan 28, 2026•Mantas, Suhail, Plus VC, Nuwa Capital and 1 other
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Vennre Secures $9.6M to Expand Private Market Platform in MENAStartup Rise EU•Jan 26, 2026•Vennre, Vision Ventures, Sanabil Investments, Plus VC and 2 others
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Reno Platform Secures $4 Million in a Funding Round Led by Eight Investment Fundsentarabi.com•Dec 06, 2025•Flyer One Ventures, SandstormVC, Sanabil Investments, Swiss Founders Fund and 6 others
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Strataphy Raises $6M in Seed FundingFinSMEs•Nov 25, 2025•Shorooq Partners, Plus VC, Outliers Venture Capital, Strataphy and 3 others
