About Shorooq Partners
Shorooq Partners is a venture capital firm founded in 2016. It is primarily based out of Abu Dhabi, United Arab Emirates. As of May 2026, Shorooq Partners is an active investor, having invested in 95 companies, with 8 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 High Tech. Most recently it participated in the $***** Series A round of Aumet Overall, Shorooq Partners portfolio has seen 1 unicorn, 1 IPO and 6 acquisitions including key companies like Kakao, Tamara and Clara. A lot of funds co-invest with Shorooq Partners, with names like 500 Global sharing a substantial percentage of its portfolio. Shorooq Partners has team of 27 people including 8 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 2 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Shorooq Partners' List of Top Investments
Shorooq Partners has a portfolio of 95 companies, one of which is a Unicorn. Their most notable investments are in Khazenly and Roamless.Their portfolio spans across United Arab Emirates, United States, Saudi Arabia and 11 more locations. They have invested in Enterprise Applications, FinTech, High Tech and 26 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by Shorooq Partners:1. Breadfast
Online platform offering multi-category grocery products. It offers bakeries, groceries, fruits, veggies, personal care, and household products. The company claims to deliver the order within 60 minutes from the point of ordering. The company offers mobile applications for Android and iOS platforms.
Key facts about Breadfast
- Founded Year: 2017
- Location: Cairo (Egypt)
- Stage: Series B
- Total Funding till date: $86.2M
- Employee Count: 2,467 as on Jun 30, 2026
- Investors: Mubadala, 500 Global and 24 Others
- Latest Funding Round: Series B, Feb 17, 2026, $*****
- Highlight: Editors' Pick
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2. Kakao
Online platform offering multi-category messaging and advertising applications. It provides services in the global mobile and internet markets based on human resources, technology, content, and competitive mobile traffic. It provides solutions ranging from messaging, news, advertising, gaming, e-commerce, and music.
Key facts about Kakao
- Founded Year: 2010
- Location: Jeju-si (South Korea)
- Stage: Public
- Employee Count: 3,235 as on Jun 30, 2026
- Investors: Herald Investment Management, GIC and 19 Others
- Latest Funding Round: Post IPO, May 20, 2021, $*****
- Highlight: Public
3. Sarwa
Automated investment platform for individuals. It provides a financial platform and app that lets trade stocks and ETFs, and buy and sell cryptocurrencies. It provides customized portfolios based on the investor's goal and risk appetite. Features portfolio monitoring and rebalancing, dividend reinvesting, financial planning, and access to investment advisors.
Key facts about Sarwa
- Founded Year: 2016
- Location: Abu Dhabi (United Arab Emirates)
- Stage: Series B
- Total Funding till date: $25M
- Employee Count: 131 as on Jun 30, 2026
- Investors: Mubadala, 500 Global and 17 Others
- Latest Funding Round: Series B, May 05, 2026, $*****
- Highlight: Editors' Pick
4. Luma Health
Web-based solution for unfilled appointment management for healthcare providers. The company offers solutions for clinics and imaging centers. The company matches patients to unfilled appointments. Offers HIPAA compliant appointment reminders that allow patients to confirm or cancel an appointment by text message.
Key facts about Luma Health
- Founded Year: 2012
- Location: San Francisco (United States)
- Stage: Series C
- Total Funding till date: $160M
- Employee Count: 200 as on Jun 30, 2026
- Investors: StartX, PeakSpan Capital and 14 Others
- Latest Funding Round: Series C, Nov 23, 2021, $*****
- Highlight: Editors' Pick
5. Aumet
Provider of B2B transaction management solutions for healthcare companies. The company offers B2B solutions for manufacturers, distributors, and healthcare providers to help with data exchange and the decision-making process. The product has features for a POS dashboard for transaction management, inventory management, patient engagement management, real-time reporting & forecasting, integration with ERP system, analytics reports of sales, orders & payments, and much more.
Key facts about Aumet
- Founded Year: 2016
- Location: Palo Alto (United States)
- Stage: Series A
- Total Funding till date: $20.3M
- Employee Count: 157 as on Mar 31, 2026
- Investors: 500 Global, Right Side Capital Management and 16 Others
- Latest Funding Round: Series A, May 13, 2026, $*****
- Highlight: Editors' Pick
Shorooq Partners' Year-on-Year Investment Trends
Shorooq Partners has invested in 96 companies over the last 10 years, with an average of 8 new investments annually in the last 10 years. In 2025, it made 10 investments, while as of May 2026, it has made 9 investments in this year. Its most recent first time investment was in Comfi and most recent follow-on round was in Aumet.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 7 | 2 | 9 |
2025 | 6 | 4 | 10 |
2024 | 12 | 3 | 15 |
2023 | 6 | 7 | 13 |
2022 | 13 | 6 | 19 |
2021 | 12 | 3 | 15 |
2020 | 7 | 2 | 9 |
2019 | 6 | 4 | 10 |
2018 | 6 | 1 | 7 |
Shorooq Partners' Investments by Stage
Shorooq Partners has made 46 investments in Seed stage with an average round size of $4.16M, 25 investments in Series A stage with an average round size of $12.9M, 3 investments in Series B stage with an average round size of $42M and 2 investments in Conventional Debt stage with an average round size of $15M.Stage of entry | No. of Investments |
|---|---|
Seed | 46 |
Series A | 25 |
Series B | 3 |
Conventional Debt | 2 |
Note: We have considered here, only first round of investments
Shorooq Partners' Investments by Sector
Shorooq Partners has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, Consumer, Retail and High Tech. Notably, it has invested in 84 Tech companies, 64 Enterprise (B2B) companies, 44 Software companies and at least 36 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 30 |
FinTech | 25 |
Consumer | 18 |
Retail | 13 |
High Tech | 11 |
Others | 82 |
Note: We have considered here, only first round of investments
Shorooq Partners' Investments by Geography
Shorooq Partners has made most investments in United Arab Emirates (15), followed by Saudi Arabia where it has made 14 investments.Country | No. of Investments |
|---|---|
United Arab Emirates | 15 |
Saudi Arabia | 14 |
United States | 10 |
Pakistan | 9 |
Egypt | 6 |
Others | 19 |
Note: We have considered here, only first round of investments
Shorooq Partners' recent investments
Shorooq Partners has made 9 investments in 2026 so far. Aumet and Sarwa are the latest among them.Here are the most recent investments by Shorooq Partners:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 13, 2026 | United States | Series A | 8300 | [+3] | |
May 05, 2026 | United Arab Emirates | Series B | 6574 | [+3] | |
Apr 27, 2026 | United Arab Emirates | Conventional Debt | 2160 | ||
Apr 26, 2026 | - | Seed | 1233 | [+3] | |
Apr 24, 2026 | - | Seed | 3828 | [+3] |
Unicorns in Shorooq Partners' Portfolio
Shorooq Partners has 1 unicorn in its portfolio - Tamara. The most recent unicorn in their portfolio is Tamara which became a unicorn in 2023, 1 years after Shorooq Partners first invested in it.Here is a list of unicorns in Shorooq Partners' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
68 | Provider of buy-now-pay-later payment solutions | 2020 | Riyadh | Series C | pd{{vsa |
IPOs and Publicly Listed companies in Shorooq Partners' Portfolio
1 of Shorooq Partners' portfolio company became public - Kakao. It got listed on the Korea Exchange (KRX), in Oct 2010 at marketcap of undefinedHere are Shorooq Partners' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 15, 2010 | - | - | 8710 |
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Acquired companies in Shorooq Partners' Portfolio
6 companies from Shorooq Partners' portfolio have been acquired. The most recent acquisition was Clara in Feb 2026 by Ascentium for $*****.Here are Shorooq Partners' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 12, 2026 | Jul 10, 2019 | Seed | 3922 | |
Jul 09, 2025 | Oct 08, 2018 | Seed | 7929 | |
Apr 30, 2024 | Jan 15, 2020 | Series A | 3657 | |
Aug 15, 2022 | Jan 28, 2019 | Seed | 4663 | |
Mar 21, 2022 | - | - | 9739 |
Team profile of Shorooq Partners
Shorooq Partners has a team of 27 members including 8 Partners, 2 Venture Partners and 7 Principals located in United Arab Emirates, Saudi Arabia and 2 more locations. Shorooq Partners' team does not sit on the board of any company as of now.Here is a list of top team members in Shorooq Partners:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | United Arab Emirates | - | ||
Partner | Riyadh | - | ||
Partner | Saudi Arabia | - | ||
Partner | Dubai | - | ||
Partner | Abu Dhabi | - | ||
Partner | Abu Dhabi | - | ||
Partner | Dubai | - | ||
Partner | London | - | ||
Venture Partner | Seoul | - | ||
Venture Partner | United Arab Emirates | - | - |
Co-investors of Shorooq Partners
Over the past 10 years, 630 investors have co-invested in Shorooq Partners's portfolio companies. This includes funds and angels.
- Invested before Shorooq Partners: 500 Global, Y Combinator and 179 others have invested in rounds before Shorooq Partners. There are 5 companies where 500 Global has invested before Shorooq Partners and 3 companies where Y Combinator has invested before Shorooq Partners.
- Top Co-investors of Shorooq Partners: 268 investors entered a company along with Shorooq Partners. These include investors like 500 Global (9 companies).
- Invested after Shorooq Partners: A total of 181 investors have invested in Shorooq Partners's portfolio after their investments. Top Investors include Mubadala (4 companies), Endeavor (4 companies) and IFC (3 companies).
Recent News related to Shorooq Partners
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NymCard Secures $7.6M Series A Funding Led by Shorooq Partners to Expand MENA BaaS PlatformThe SaaS News•Jun 02, 2026•Shorooq Partners, NymCard
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UAE VC Shorooq Invests $10.3M in South Korean Automotive Fintech ChazmCairoScene•Apr 29, 2026•Chazm, Shorooq Partners
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Comfi Raises $65 Million to Expand SME Financing Across MENACairoScene•Apr 27, 2026•Shorooq Partners, Raw Ventures, Partners For Growth, Yango and 2 others
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Advanced Machine Intelligence Closes $1.03 Billion Seed FundingFinSMEs•Mar 11, 2026•Ami Labs, SBVA, Shorooq Partners, HV Capital and 6 others
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Quill Launches Sovereign AI Agent, Raises $6.5MAiThority•Feb 26, 2026•Quill Notes, Basis Set Ventures, 500 Global, Quill and 9 others
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Safqah Capital Raises $15.2 Million in Seed Funding Roundentarabi.com•Feb 09, 2026•Shorooq Partners, Rua Growth Fund, Safqah Capital, ANB Capital and 9 others
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