What Plus Venture Capital does

Plus Venture Capital is an Abu Dhabi-based early-stage venture capital firm, operating through Plus VC Management Limited under authorization from the ADGM Financial Services Regulatory Authority. The firm targets seed and Series A founders across the MENA region, deploying approximately $100,000 at the seed stage and follow-on capital up to $500,000, with a fund allocation strategy targeting 100–120 portfolio investments for risk diversification. Plus VC has invested in over 60 companies spanning FinTech (Thndr, Holo), FoodTech (Barakah, Calo, GrowDash), ConstructionTech (BRKZ), Enterprise/SaaS and AI (DXwand, Pidima ai, Governata, Amplifyr), PropTech, EdTech, ClimateTech, and blockchain infrastructure (Oumla) across 15 MENA countries.

The firm's core product is an integrated investment program combining capital with the +Growth mentorship initiative, the +Community peer-founder network, and an annual +Portfolio Summit that brings together founders, co-investors, and LPs. Plus VC augments its investment offering with standardized founder-friendly legal documentation — a Post Money SAFE template, Term Sheet, and Side Letter — published as downloadable resources alongside a thought-leadership blog and a YouTube Founder Series. Deal sourcing is driven primarily by founder referrals, network introductions, and inbound applications through the firm's online portal, with no intermediary distribution.

Revenue is generated through conventional VC fund economics: management fees on committed capital from limited partners and carried interest on portfolio exits, with the firm explicitly positioned as the most active non-accelerator VC in the MENA region. The leadership team, led by Founder and Managing Partner Hasan Haider (previously Managing Partner MENA at 500 Startups and co-founder/CEO of Tenmou), is largely composed of former 500 Startups MENA operators, providing continuity and an established regional network as the legal entity builds its own fund track record following its July 2024 launch.

Name

Plus Venture Capital

Legal name

Plus VC Management Limited

Website

https://plus.vc

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

1–10 employees

Short description

Plus Venture Capital is an Abu Dhabi-based, ADGM-authorized early-stage venture capital firm that invests approximately $100,000 at seed plus follow-ons up to $500,000 into MENA startups across FinTech, FoodTech, AI/SaaS, and ConstructionTech, serving founders from 15 regional markets with capital, mentorship, and a peer community.

Ownership category

akta.pro rank

Product category

Venture Capital

NAICS

Other Financial Vehicles (525990), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282)

akta.pro primary industry

Early-Stage Venture Capital (Pre-Seed/Seed) (FSANAAAA)

akta.pro secondary industry

Early-Stage Venture Capital (Series A/B) (FSANAAAB)

Keywords

• Venture capital
• Seed stage investing
• Startup funding
• Early stage investment
• Fund management

Headquarters

HQ city

Abu Dhabi

HQ country

United Arab Emirates

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Fund Management and Carried Interest: Plus VC generates returns through equity ownership in portfolio companies. As a VC fund manager, the firm earns carried interest (typically a percentage of investment profits above a hurdle rate) and management fees from its limited partners (LPs). Revenue is realized upon successful portfolio exits via IPOs, acquisitions, or secondary sales.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels9 records

Core offering

Plus VC is an early-stage venture capital firm investing in MENA startups from seed stage through Series A. The firm typically invests approximately $100,000 at the seed stage with follow-on allocations up to $500,000 in subsequent rounds, supported by standardized founder-friendly legal documentation, the +Growth mentorship program, and the +Community peer founder network with an annual +Portfolio Summit.

Product overview

Plus VC is an early-stage venture capital firm focused on the MENA region. Its core offering is a structured investment program — providing approximately $100,000 at seed stage and up to $500,000 in follow-on funding through Series A — delivered alongside a standardized founder-friendly documentation process. Beyond capital, the firm provides the +Growth Initiative (training and mentorship), the +Community network (peer founder community with an annual Portfolio Summit), and downloadable legal and financial templates (Post Money SAFE Template, Term Sheet, Side Letter). The firm also publishes a blog covering VC and startup strategy. The product is a single integrated service offering rather than a multi-module platform.

Differentiator

Problem solved

Functional benefit

Brands

• +Community: Community connecting founders for networking, advice, and mutual support
• +Growth
• Portfolio Summit

Products and services

• Seed-Stage Venture Capital Investment Program Core investment offering for early-stage MENA founders, providing approximately $100,000 at seed stage, follow-on allocations up to $500,000 in subsequent rounds leading up to Series A, standardized founder-friendly terms and legal documentation, and active introductions to assemble full funding rounds.
• +Growth Mentorship and Training Program Structured training and mentorship initiative provided at no additional charge to every Plus VC portfolio startup, designed to help founders build foundational growth capabilities with mentorship from seasoned startup practitioners.
• +Community Founder Network Community platform connecting Plus VC portfolio founders for peer networking, advice, and mutual support, supplemented by an annual exclusive +Portfolio Summit featuring workshops and community-building activities with participation from investors and LPs in the firm's network.

Named customers15 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators7 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• 500 Global (formerly 500 Startups): Global early-stage accelerator/VC with deep MENA roots through 500 Falcons. Multiple Plus VC team members previously held senior roles at 500 Startups, and the firms operate in the same seed-stage MENA market.
• Shorooq Partners: UAE-based early-stage VC investing across MENA at pre-seed and seed. Targets similar technology-driven founders and offers comparable ticket sizes, making it a close direct competitor for Plus VC's deal flow.
• B&Y Venture Partners: MENA-focused early-stage VC led by prominent regional operators. Targets seed to Series A founders in similar geographies and verticals, positioning it as a direct peer in the regional seed market.
• Raed Ventures: Saudi Arabia-based early-stage VC investing in MENA tech founders at seed. Comparable thesis, geography, and check size, making it a direct competitor for Plus VC's seed allocations.
• Wamda Capital: MENA-focused venture investor supporting early-stage technology entrepreneurs. Operates in the same regional seed ecosystem with comparable stage and sector focus as Plus VC.

Broad incumbents

• Sanabil Investments: PIF-owned investment vehicle deploying capital into venture and growth across MENA. Competes for the same founders at potentially larger cheque sizes, framing Plus VC as a complementary but smaller seed partner.

Emerging players

• Falak Startups: Egypt-based early-stage investor and accelerator backing MENA founders. Overlaps with Plus VC on Egyptian deal flow (e.g., Thndr, DXwand) and similar seed-stage sector focus.

Regional players

• Oqal Angel Investors: Saudi Arabia's largest angel network, in which Plus VC's Director of Value Creation sits as a Syndicate Committee Member. Competes for the same Saudi seed-stage founders, often as co-investors.
• Egypt Ventures: Egypt-focused early-stage VC. Overlaps with Plus VC's Egypt deal flow and previously employed Plus VC's Investment Analyst, making it a relevant regional peer in the Egyptian seed market.

Others

• IDEO: Global design and venture firm. While not a direct investor, it overlaps thematically with Plus VC's operator-led value creation approach and is referenced as part of the broader 'venture studio' ecosystem that supports MENA founders.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/plusvc_
• YouTubeyoutube.com/@plus_VC
• Facebookfacebook.com/plusventurecapital
• LinkedInlinkedin.com/company/plusvc
• Instagraminstagram.com/plus_vc

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

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

M&A

Investments60 records

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

Frequently asked questions about Plus Venture Capital