20 Hottest Startups in Dubai!

: June 11, 2018

20 Hottest Startups In Dubai You Should Know About!


  

Dubai for the past couple of years has been experiencing a remarkable rise in tech based startup communities. The charm of Dubai and it's location, has been transforming the city to a hub for startups.

 

 

One of the main characteristics that differentiates Dubai from other commercial centres is its openness to innovation and the freedoms it grants people and institutions to operate.- Abdul Aziz Al Ghurair 

  

 

 

Here Is A List For The 20 Hottest Startups In DUBAI:


  

1. Careem:

 

Total Funding: $571.7M in 6 Funding Rounds (as of Aug 8, 2017)
Valuation: $1B (Jun 14, 2017)
Acquisitions: enwani & Savaree

 

Careem is an app-based car service that connects people to rides in a matter of minutes, at the tap of a button. It is the MENA region’s leading ride-hailing service and newest Tech Unicorn. With 30% monthly growth, the company now operates in 50+ cities across 11 countries and host over 6 million users.


  

2. Fetchr:

 

Total Funding: $52M in 4 funding rounds (as of May 16, 2017)
Last Funding Type: Series B

 

Fetchr is an e-commerce App company helps local merchants and global brands build, launch and grow profitable eCommerce businesses. With easy-to-use, proprietary shipping, the fetchr app and logistics software, it takes the hassle out of online shopping.


  

3. STARZ PLAY:

 

Total Funding: $125M in 2 funding rounds (as of Jul 11, 2017)
Last Funding Type: Series B

 

STARZ PLAY is a subscription video on demand (SVOD) service that streams thousands of blockbuster Hollywood movies, TV shows, documentaries, kids’ entertainment and same-day-as-the-US series. The company utilizes advanced technology to provide a premium viewing experience with full HD and 4K content sourced from some of the most important studios in the entertainment business, such as 20th Century Fox, CBS, Disney, Lionsgate, Paramount, Showtime, Sony, Starz, Universal and Warner Bros.


  

4. Wadi:

 

Total Funding: $67M in 1 funding round (as of Feb 14, 2016)
Last Funding Type: Series A

 

An online marketplace that aims to be the online shopping portal with the broadest range of products available, for the people of Saudi Arabia (KSA). Wadi connects consumers with the best vendors across GCC so that they can get the greatest deals.


  

5. Bayzat:

 

Total Funding: $12.6M in 4 funding rounds (as of Dec 5, 2017)
Last funding type: Series A

 

Bayzat is a technology company that provides insurance and HR solutions. The company helps individuals and companies compare, buy and use their health insurance. With it's technology platform Bayzat Benefits, they are able to streamline the policy placement process for our clients and help them understand their policy.


  

6. Clearly:

 

Total Funding: $4.7M in 2 rounds (as of Jun 1, 2016)
Last Funding Type: Angel Round

 

A digital bank offering Fast, easy, convenient banking service. Clearly takes the best in the market and make it better. They take the best ideas and integrate them together to create the most spectacular customer experience ever offered by any bank, anywhere. The company is building a value proposition for both Retail and SME customers that will be like no other that exists today.


  

7. The Luxury Closet:

 

Total Funding: $11.6M 5 in funding rounds (Sep 25, 2016)
Last Funding Type: Series B

 

The Luxury Closet is an online marketplace for buying, selling, and consigning pre-owned luxury items at discounted prices. The company is backed by top-tier investors like Middle East Venture Partners, Wamda Capital, Two Four 54 - Abu Dhabi, and Dubai Silicon Oasis Authority.


  

8. HolidayMe:

 

Total Funding: $11M in 2 funding rounds (as of Oct 11, 2016)
Last funding type: Series A

 

holidayme is an online travel portal established in 2013, under the registered trademark of Traveazy DMCC, with offices in UAE , India and KSA. The company offers integrated travel services ranging from Holidays, Hotels, Flights to customers across the Middle East and have become a trusted brand in a span of less than two years.


  

9. Yallacompare:

 

Total Funding: $9.4M in 5 funding rounds (as of May 24, 2017)
Last funding type: Series B

 

Yallacompare is a financial comparison platform that enables its users to compare banks and financial institutions. The company launched their first car insurance aggregator in the Middle East back in March 2016. Since then it has gone on to lead the insurance comparison space selling 7x more car insurance policies each month than any other comparison site.


  

10. Souqalmal.com:

 

Total Funding: $14.5M in 5 funding rounds (as of Oct 3, 2017)
Last funding type: Series B

 

A financial comparison site in the Middle East with operations in Saudi Arabia, Kuwait and the UAE. Souqalmal.com is changing the way you deal with money! You can compare over 3,200 personal finance products in the UAE and Saudi Arabia on Souqalmal.com, at the click of a button - Personal loans, home loans, car loans, credit cards, bank accounts, car insurance, home insurance, car deals, schools and nurseries.


  

11. Invoice Bazaar:

 

Total Funding: $6.1M in 5 funding rounds (as of Oct 25, 2017)
Last funding type: Venture - Series Unknown

 

InvoiceBazaar is a startup operating in the arena of Supply Chain Finance (SCF). The company has built a platform for Buyers to list invoices that are payable, which enables Suppliers to get visibility on their approved invoices as well as early payment options.


  

12. Altibbi:

 

Total Funding: $8.5M in 2 funding rounds (as of Oct 2, 2017)
Last funding type: Series B

Altibbi is a Digital Health Platform that provides the best tools and information to provide access to health advice 24/7 anywhere through its website and apps. With more than 2 million app downloads and 8 million monthly website visits, the company connects millions of users with licensed and certified doctors in real-time from anywhere, at any time.


  

13. Beehive:

 

Total Funding: $5M in 1 funding round (as of Oct 1, 2017)
Last funding type: Series A

An online marketplace for peer-to-peer lending. Beehive's platform applies the innovative technology of crowdfunding to eliminate the cost and complexity of conventional finance, meaning investors get better returns and businesses get faster access to lower cost finance.


  

14. Health at Hand:

 

Total Funding: $4.1M in 1 funding round (as of Oct 18, 2017)
Last funding type: Seed Round

Health at Hand is a patient to doctor video consultation platform that connects patients with internationally accredited doctors within in minutes. It's platform is fully HIPAA compliant, the most respected global standard for protecting sensitive patient data.


  

15. Seez:

 

Total Funding: $1.8M in 1 funding round (as of Jun 1, 2017)
Last funding type: Seed Funding

Seez is a tech start-up that has developed the Seez R app. Seez R uses image recognition, AI, and chatbots to automate the car search and buying process so that buyers can easily find the car they want, contact sellers, and negotiate the price in the fastest, most efficient way possible for free.


  

16. Derq:

 

Total Funding: $1.5M in 1 funding round (as of Oct 19, 2017)
Last funding type: Seed Funding

Derq is an MIT spin-off that uses artificial intelligence and V2X (Vehicle to everything) communication technology to reduce road accidents. It's early-warning crash detector alerts drivers to hazards and erratic road.


  

17. ServiceMarket:

 

Total Funding: $4.25M in 3 funding rounds (as of Sep 20, 2016)
Last funding type: Series A

ServiceMarket, previously known as MoveSouq.com, is one of Dubai's fastest growing startups. It is the largest portal in the UAE that connects customers with professional and licensed home services companies: movers, cleaners, painters, gardeners, handymen and insurance companies.


  

18. Matic:

 

Total Funding: $3M in 2 funding rounds (as of Oct 17, 2017)
Last funding type: Series A

An online marketplace for cleaning services that connects customers with highly qualified and registered cleaners in Dubai. Matic is now behind the GCC’s largest and only state of the art cleaning marketplace. It’s accessible to all – anyone who cares about keeping a happy home is welcome.


  

19. Pixelbug:

 

Total Funding: $473K in 3 funding rounds (as of Jul 15, 2016)
Last funding type: Seed

Pixelbug is an award-winning, VC-backed augmented reality company. Using it's (patent pending) technology, the company merge the physical with the digital to empower and engage. The company's mission is to allow people to easily create compelling augmented reality experiences that add magic to the world.


  

20. Sprii.com:

 

Total Funding: $4.1M in 2 funding rounds (as of Nov 1, 2016)
Last funding type: Venture - Series Unknown

Sprii.com is an E-commerce company that provides everything for Mums. The company is dedicated to providing All Sorts of Products For Mums - whether they want to discover the latest products to help them bloom during their pregnancy, stock up on baby essentials, kit themselves out for pre-natal Yoga, or create fun family moments together in the kitchen.