Alex Angels

What Alex Angels does

Alex Angels (legal name Alexandria Business Angels Network) is a privately operated angel investor membership network headquartered in Alexandria, Egypt, and one of the leading angel networks in the MENA region. It connects MENA-based high-net-worth individuals with pre-vetted early-stage startups (pre-seed to Series A) through a two-tier membership model — a free Essential tier and a Premium tier priced at $99/month or $1,000/year — and supports its members with curated deal flow, bi-monthly pitch events, monthly investor sessions, legal office hours, and an in-house Value Tracker portfolio management tool. The network reports 70+ active angel investors, 30+ investments made to date, a 70% active portfolio, 6x realized ROI, and 2 full and 3 partial exits across 6 active sectors (Fintech, HealthTech, SaaS, Climate, AI/ML, Marketplaces), with 8 live deals and 12 pitch events in the most recent quarter.

The business operates on three revenue streams: (i) recurring individual membership subscriptions, (ii) 5% service fees on Premium member investment commitments (10% for Non-Premium / Non-Members) on rounds introduced or syndicated by the network, and (iii) 5% success fees on member liquidity events. Underlying technology is support tooling rather than a defensible product moat — JotForm-hosted applications, a Telegram investor community, a curated deal flow pipeline with detailed memos, and a proprietary Value Tracker tool for portfolio monitoring. The network is governed by a Membership Committee and a 6-person leadership team led by Founder & Chairman Tarek ElKady, with an ecosystem of partnerships spanning GIZ, ArabNet, AIE3, Acasia, AUC, Techne, Enterprise, Disrupt Africa, and WAM Morocco that anchor its MENA-wide deal sourcing.

Name

Alex Angels

Legal name

Alexandria Business Angels Network

Website

https://alexandriaangels.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

51–100 employees

Short description

Alex Angels is an Alexandria-based angel investor network connecting MENA high-net-worth individuals with pre-vetted pre-seed to Series A startups via a paid Premium membership, curated deal flow, pitch events, and portfolio management tooling.

Ownership category

akta.pro rank

Product category

Angel Investing Services

NAICS

Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282)

akta.pro primary industry

Micro-VC & Angel Funds (FSANAAAI)

Keywords

• Angel investing network
• Early-stage venture funding
• Private investor membership
• Co-investment syndication
• Startup deal flow curation

Headquarters

HQ city

Alexandria

HQ country

Egypt

HQ region

Africa

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Membership Fees: Annual individual membership fee of USD 1,000 per year, or alternatively a monthly subscription of USD 99 (auto-recurring). Late fees of 10% (2 months), 20% (3 months), and 50% reinstatement penalty (6+ months) apply.
2. Investment Service Fees: 5% service fee on the total Investment Commitment made by Premium Members (10% for Non-Premium Members and Non-Members) in deals introduced, facilitated, or syndicated by Alex Angels. Payable upfront per round.
3. Success Fees on Liquidity Events: 5% success fee on the gross proceeds/consideration received by the selling Member on any Liquidity Event (full/partial exits, secondary sales, buybacks, M&A, IPO, SPV distributions).

Pricing tiers

Go-to-market motion4 records

Distribution channels4 records

Marketing channels12 records

Core offering

Alexandria Angels is a membership-based angel investor network headquartered in Alexandria, Egypt, that curates and syndicates pre-vetted early-stage investment opportunities across the MENA region to its community of 70+ active individual and corporate investors. The network runs a recurring deal-flow engine (bi-monthly pitch days, monthly investor sessions, pitch nights) and supports members with co-investment facilitation, due diligence memos, portfolio-management tooling (Value Tracker), and legal office hours.

Differentiator

Problem solved

Functional benefit

Products and services

• Essential Membership Free membership tier for angel investors and HNW individuals seeking to join the Alexandria Angels community and gain baseline access to deal flow and events.
• Premium Membership (Annual) Paid annual premium membership at $1,000/year that grants members access to curated, pre-vetted deal flow with detailed memos, co-investment opportunities, the Value Tracker portfolio-management tool, legal office hours, and reduced 5% service fees on investments.
• Premium Membership (Monthly) Paid monthly premium membership at $99/month offering the same benefits as the annual premium tier: curated pre-vetted deal flow, co-investment privileges, Value Tracker access, and reduced 5% service fees on investments.
• Corporate Membership Corporate-tier membership product enabling companies and corporate venture arms to participate in the Alexandria Angels deal flow pipeline, co-invest with individual members, and access MENA startup opportunities.

Quantifiable outcome

• 6x portfolio ROI
• +6 more outcomes

Named customers24 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature4 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• GIZcoreStrategic or Co-development PartnerGIZ is listed as a partner of the Alex Angels network, supporting ecosystem activities across Egypt and the MENA region.
• ArabNetcoreGTM or Marketing PartnerArabNet is listed as a partner logo, used for cross-promotion and ecosystem collaboration with the region's leading tech community.
• AIE3coreStrategic or Co-development PartnerAIE3 is listed as a partner logo, indicating collaboration within the MENA innovation and entrepreneurship ecosystem.
• AcasiacoreGTM or Marketing PartnerAcasia is listed as a partner logo on the Alex Angels website, supporting ecosystem and GTM collaboration.
• AUC (American University in Cairo)coreStrategic or Co-development PartnerAUC is listed as a partner logo, indicating collaboration with the university's entrepreneurship programs and student founders.
• EPEA EgyptminorGTM or Marketing PartnerEPEA Egypt is listed as a partner logo, supporting GTM and ecosystem visibility.
• TechneminorGTM or Marketing PartnerTechne is listed as a partner logo, used for ecosystem and GTM collaboration.
• Cairo 360minorGTM or Marketing PartnerCairo 360 is listed as a partner logo, supporting media coverage and ecosystem events.
• Disrupt AfricaminorGTM or Marketing PartnerDisrupt Africa is listed as a partner logo and has covered Alex Angels' investments in the past.
• Enterprise (enterpriseam.com)minorGTM or Marketing PartnerEnterprise is listed as a partner logo and "As Featured On" media outlet covering the Egyptian startup ecosystem.
• Wam1 (WAM Morocco / WAM 1)minorGTM or Marketing PartnerListed as a partner logo indicating collaboration on advanced manufacturing and future mobility ecosystem activities in the MENA region.
• Wam2 (WAM 2)minorGTM or Marketing PartnerListed as a partner logo, related to WAM Morocco ecosystem collaboration.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Cairo Angels: Cairo Angels is Egypt's flagship angel investor network, operating a community-led, deal-driven model closely matching Alex Angels in MENA, with pitch events, membership tiers, and a curated deal flow pipeline. It is the most direct comparable peer in terms of geography, GTM motion, and member profile.

Broad incumbents

• Flat6Labs: Flat6Labs is one of the leading early-stage investors and accelerator operators in MENA and North Africa, running seed programs, angel-style syndicates, and a fund across the region. It competes with Alex Angels for early-stage MENA deal flow and angel capital, but at a larger, institutional scale.
• Shorooq Partners: Shorooq is a UAE-based early-stage investor and fund manager active across the MENA region, operating both direct investments and syndication-style vehicles. It overlaps with Alex Angels in seed/Series A MENA deal flow and angel co-investment infrastructure.
• Algebra Ventures: Algebra Ventures is a leading Egypt-focused venture capital fund investing in early-stage Egyptian and MENA startups. It sits one stage up from Alex Angels but competes for the same founder pipeline and serves a similar HNI/angel co-investor base in Egypt.
• Nuwa Capital: Nuwa Capital is a MENA-focused early-stage venture fund backing pre-seed and seed founders across the region. It overlaps with Alex Angels' deal sourcing and co-investment activity but operates as a traditional fund rather than a member-led angel network.
• Seedstars: Seedstars is a global early-stage investor and ecosystem builder with strong presence across MENA and Africa, running pitch competitions and seed investments. It overlaps with Alex Angels in surfacing early-stage MENA deal flow and engaging the same founder profile.
• Wamda Capital: Wamda Capital is a MENA-focused venture fund that invests in early-stage technology companies across the region, with a deep ecosystem platform (Wamda). It is comparable to Alex Angels in MENA seed investing and in activating the same regional angel and founder communities.

Regional players

• Dubai Angel Investors: Dubai Angel Investors is a UAE-based angel network offering curated deal flow, pitch events, and member-driven investing for HNWIs in the Gulf. It is a regional peer with a similar angel-network business model but serves a different geographic base than Alex Angels' Egypt/MENA focus.
• Oasis500: Oasis500 is a Jordan-based early-stage investor and seed accelerator that supports MENA founders with capital, mentorship, and programming. It is a regional peer competing for cross-border MENA deal flow and offers a comparable pitch-event, network-driven approach.

Emerging players

• Endure Capital: Endure Capital is an early-stage MENA venture firm investing in seed-stage startups in Egypt and the broader region. It is comparable to Alex Angels as a peer-stage investor targeting similar founders, but operates as a fund rather than a member-driven angel network.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/alexandria-angels
• Xx.com/alexandriangels
• Facebookfacebook.com/alexandriaangels

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments30 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Alex Angels