Enhance Ventures
Enhance Ventures is a Dubai-based venture builder that designs, validates, and co-founds web and mobile ventures alongside corporations and governments across MENAPT, using The 29 Playbook methodology and AVA, an agentic-AI platform, operating through four studios and producing equity-backed exits.
- Company typePrivate
- Founded2014
- HeadquartersDubai, United Arab Emirates
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Enhance Ventures does
Enhance Ventures is a Dubai-headquartered venture builder operating across the MENAPT region (Middle East, North Africa, Pakistan, and Turkey), with additional offices in Abu Dhabi, Dhahran, Baku, and Istanbul. The firm ideates, validates, creates, scales, and exits ventures using a proprietary methodology called The 29 Playbook, a structured 29-stage framework divided into Ideating, Validating, Creating, and Growing phases, paired with AVA, an internal agentic-AI platform that uses proprietary data sources and an LLM-as-a-judge mechanism to run 200+ automated validation workflows. The operating model is a 'venture studio with skin-in-the-game': the firm co-founds ventures alongside corporations and governments, retaining equity stakes while also earning professional services fees.
The company is organized into specialized studios: Enhance Innovation (corporate venture building, est. 2022), Enhance Azerbaijan (JV with SABAH.HUB backed by Azerbaijan's government, est. 2024), Enhance Energy (oil & gas and energy, est. 2024), and Edge by Enhance (one-week rapid proto-venture sprints, est. 2025). It has produced 5 exits to date, including Zension (valued at over $150M), Mondo Taxi, Verity Decision Analytics, Foodonclick (acquired by Delivery Hero), and Joi Gifts, alongside 8 active ventures such as Infrascan (O&G inspection with 60+ patents), Pai (fractional real estate), Memento (AR/VR/AI traveltech), TRBNS (regulated virtual assets exchange in Turkey), and several Azerbaijan-origin proto-ventures.
Revenue derives from a mix of multi-year bespoke engagement fees with enterprise and government clients (DIFC, ADQ, Aramco, Hashed Health, KAUST, Pasha Holding, IDDA, and others) and equity participation in portfolio companies that crystallizes on exit or funding events. Distribution is direct enterprise field sales into C-suites and innovation leaders, supplemented by content marketing (white papers with 20,000+ downloads), a Global Studio Database of 950+ studios, the Venture Studios LinkedIn group (1,200+ members), and the Venture Studio Exchange WhatsApp group (300+ members).
Enhance Ventures firmographics
Firmographics- Name
- Enhance Ventures
- Legal name
- Enhance Ventures
- Website
- https://enhance.online
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Enhance Ventures is a Dubai-based venture builder that designs, validates, and co-founds web and mobile ventures alongside corporations and governments across MENAPT, using The 29 Playbook methodology and AVA, an agentic-AI platform, operating through four studios and producing equity-backed exits.
- Ownership category
- akta.pro rank
Enhance Ventures industry classification
Industry- Product category
- Venture Studio Services
- NAICS
- Miscellaneous Intermediation (52391)
- SIC
- Services-Management Consulting Services (8742)
- akta.pro primary industry
- Venture Studios / Company Builders (FSANAAAH)
- akta.pro secondary industry
- Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)
Keywords
Where Enhance Ventures is headquartered
LocationHeadquarters
- HQ city
- Dubai
- HQ country
- United Arab Emirates
- HQ region
- Middle East
Offices4 records
Markets served
Enhance Ventures business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Venture Building / Studio Equity: Enhance builds ventures with corporate partners and takes equity stakes in the ventures created. Revenue realized through venture exits when portfolio companies are sold or go public.
- Professional Services: Enhance Innovation provides venture building services to corporations and governments, operating as co-founders rather than consultants, with skin-in-the-game equity participation alongside service fees.
- Ecosystem Services & Training: Enhance provides training programs including Venture Studio Boot Camp taught 4 times per year in 9-week cohorts, and conducts research and benchmarking studies for the venture studio ecosystem.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom engagement-based pricing for venture building partnerships |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Enhance Ventures product offering
Product offeringCore offering
Enhance Ventures is a venture studio that ideates, validates, builds, scales, and exits businesses on behalf of and alongside corporations and governments across the MENAPT region. The firm operates as co-founder rather than consultant, taking equity stakes (skin-in-the-game) while employing its proprietary The 29 Playbook methodology and AVA agentic-AI platform. Offerings are delivered through four studios (Enhance Innovation, Enhance Azerbaijan, Enhance Energy, Edge by Enhance) and produce portfolio ventures spanning fintech, food supply, healthcare, oil & gas inspection, fractional real estate, traveltech, virtual assets, insurtech, and corporate spend management.
Product overview
Enhance Ventures is a venture building organization operating a platform-plus-modules architecture. The core offerings include AVA (proprietary agentic-AI venture building tool), The 29 Playbook (proprietary venture building methodology), and Edge by Enhance (rapid proto-venture building service). The company operates through specialized studio units: Enhance Innovation (corporate venture building), Enhance Azerbaijan (regional venture studio), and Enhance Energy (oil & gas venture building). The portfolio includes 8 active ventures (Infrascan, Pai, Memento, TRBNS, Kartal, Pamir, AURX, Faida), 8 ventures in progress, and 5 successful exits. The Global Studio Database tracks 950+ venture studios globally.
Differentiator
Problem solved
Functional benefit
Brands
- Enhance Innovation: Enhance's corporate venture building unit that works with leading corporations and government entities to build ventures and venture studios
- Enhance Azerbaijan
- Enhance Energy
- Edge by Enhance
- The 29
- AVA
Products and services
- Enhance Innovation Corporate venture building unit that partners with leading corporations and government entities to build ventures and venture studios, operating as entrepreneurs with skin-in-the-game equity participation rather than as consultants.
- Enhance Azerbaijan Azerbaijan venture building unit that builds advantaged ventures from Azerbaijan for GCC, CIS, and Turkiye markets, operated as a joint venture between Enhance and SABAH.HUB and backed by the Azerbaijan Government and leading corporations.
- Enhance Energy Oil & Gas and Energy venture building unit operating in the Middle East and Caucasus region with a mission to inject innovation into the energy sector, including ventures such as Infrascan (drone and robotics pipe inspection).
- Edge by Enhance Rapid Proto-Venture Building Service that enables corporations and governments to ideate, validate, and create proto-ventures within an intense one-week sprint in collaboration with Enhance.
- AVA Platform Proprietary agentic-AI venture building platform with 200+ automated workflows, proprietary data sources not available to generic LLMs, and a sophisticated LLM-as-a-judge mechanism for high-fidelity validation of ideas and actions.
- The 29 Playbook Proprietary 29-stage venture building methodology that methodically guides ventures through Ideating, Validating, Creating, and Growing phases, designed to professionalize entrepreneurship and support founders in their first year of operations.
- Global Studio Database Proprietary database of 950+ venture studios worldwide tracking funding raised, sectoral focus, and notable ventures.
- Venture Studio Boot Camp 9-week cohort-based training program taught 4 times per year through the Global Startup Network, designed to train emerging venture studio operators on Enhance's methodology.
- Infrascan Inspection-as-a-service venture that uses advanced drone and robotics technologies to measure and predict corrosion in metals in critical infrastructure such as oil & gas refineries, addressing a $30B global market.
- Pai Fractional real estate investment venture allowing anyone with approximately $3,000 to invest in real estate, targeting 20%+ returns.
- Memento Traveltech venture that generates 'digital awe' through AR/VR/AI and creates lasting memories associated with travel and events.
- TRBNS Regulated B2B virtual assets exchange in Turkiye providing legal financial services enabled by virtual asset rails, including onramp and offramp services for fintechs and banks.
- Kartal Corporate spend management venture enabling corporations to issue spend cards to employees with custom limits and benefits.
- Pamir Virtual assets exchange aiming to be the first legal and local crypto exchange in Azerbaijan, prepared for CBAR's sandbox program.
- AURX Stable-gold venture in Creation Stage operating from Enhance Azerbaijan.
- Faida SME credit rating and lending venture that uses proprietary data sources to generate credit ratings for Azerbaijan's SME sector.
- Jetcare Healthtech venture providing at-home and remote care for patients.
- Tuition Guard Insurtech venture enabling parents to insure their children's tuition fees for the rest of their academic lives in case of loss of capacity or life.
- DIFC Launchpad 'Studio of studios' platform developed by Enhance for DIFC, anchoring the first venture studio regulation in the world and home to 15+ venture studios.
- Right Farm ADQ's first studio venture developed by Enhance, digitalizing the food supply chain from farm/importer to commercial kitchens in the UAE.
- Hashed Health Studio Build Healthtech venture studio in Nashville, Tennessee that Enhance advised to establish their healthtech venture studio and raise their first fund.
Quantifiable outcome
- 5 successful exits including Mondo Taxi, Verity, Foodonclick, Zension ($150M+ valuation), Joi Gifts
- +4 more outcomes
Companies that use Enhance Ventures
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles3 records
Enhance Ventures technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability9 records
Feature3 records
Enhance Ventures partnerships and signals
Strategic signalPartnerships
19 partnerships are on record, tiered core and minor.
- Hashed HealthcoreAdvised Hashed Health in Nashville to establish their healthtech venture studio and raise their first fund
- ADQcoreBuilt ADQ's first studio venture Right Farm on demand, which digitalized the UAE food supply chain. ADQ later launched Further Ventures based on this success.
- DIFCcoreEnhance developed DIFC's 'studio of studios' platform 'DIFC Studio Launchpad' and helped write the first venture studio regulation in the world into law. Resulted in Dubai becoming a global studio hub.
- IDDA (Innovation & Digital Development Agency)coreGovernment partner in Azerbaijan for Enhance Azerbaijan and Venture Building Boot Camp Azerbaijan program
- Ministry of Transport (Azerbaijan)coreGovernment partner for innovation initiatives in Azerbaijan
- Global Venture NetworkcoreGlobal studio network where Enhance's founding partner Alper Celen serves on advisory board; collaborative ecosystem partner
- MerantixminorTechnology and strategic partner in venture building ecosystem
- SABAH.HUBcoreJoint venture partner for Enhance Azerbaijan with Azerbaijan's leading startup organization. Enhance Azerbaijan is a JV between Enhance and SABAH.HUB.
- ElmminorCorporate partner in Enhance Innovation venture building
- AramcocorePartner in Enhance Energy oil & gas venture building and Infrascan development
- SAB (Saudi Arabian Barcode)minorCorporate partner in Enhance Innovation
- DIFCcorePartner for venture studio platform development and regulation
- TaqniaminorCorporate partner in Enhance Innovation
- RPDC InnovationscorePartner in Enhance Energy ventures including Infrascan
- KAUSTcoreResearch and technology partner in Enhance Energy for Infrascan development
- ExperiancorePartnership with Experian to launch Verity Decision Analytics as the first micro-lending company in Saudi Arabia (exited 2015)
- Global Startup Studio NetworkcoreEnhance established Global Startup Studio Network in Denver, Colorado in 2019; founding partner Alper Celen has been teaching the Venture Studio Boot Camp since 2019
- Studio HubcoreEuropean venture studio network where founding partner Ritesh Tilani serves on advisory board
- Major Oil & Gas CompaniescoreEnhance Energy has partnered with 2 major oil & gas companies in the region to build energy ventures
Scale indicators10 records
Recent moves10 records
Expansion highlights6 records
Enhance Ventures competitors and assessment
Company assessmentBroad incumbents
- Rocket Internet: Global venture builder and incubator focused on internet/tech companies in emerging markets. Comparable geographic strategy (MENAPT/Emerging markets) and large-scale venture studio approach.
Direct peers
- Founders Factory: Global venture studio and accelerator that builds and scales startups with corporate partners. Comparable corporate-venture-building GTM and global footprint.
- Science Inc. Los Angeles-based venture studio that creates, launches, and scales technology companies. Direct comparable in studio model and multi-sector venture building.
- Betaworks: Long-running New York venture studio that ideates, builds, and invests in internet-focused startups. Patrick Montague (ex-COO of Betaworks) is an advisor to Enhance, underscoring the direct model and cultural comparability.
- High Alpha: Indianapolis-based venture studio building B2B SaaS companies through a repeatable studio playbook. Closely analogous in methodology (proprietary playbook + corporate partnerships + equity model).
- Idealab: Pioneer venture studio founded in 1996 that creates and operates multiple technology companies simultaneously. Direct precedent for Enhance's model of running a portfolio of internally built ventures.
- Atomic: Venture studio that partners with corporations and founders to build companies, with a structured studio model and corporate venture focus very similar to Enhance Innovation.
- Pioneer Square Labs: Seattle-based venture studio that builds companies from scratch using a studio model. Direct comparable to Enhance, with an advisor (TA McCann) overlapping with Enhance's bench, and similar corporate-venture-building positioning.
- Antler: Global early-stage venture studio with operations across multiple regions including MENAPT. Comparable in international studio deployment and founder-building methodology.
Emerging players
- Merantix: Berlin-based AI venture studio and existing strategic partner of Enhance. Comparable in AI-focused venture creation and studio model, with overlap in ecosystem.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Enhance Ventures social profiles
Digital presenceEnhance Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
Enhance Ventures leadership team
Management profileNumber of profiles
Profiles10 records
Enhance Ventures subsidiaries and ownership
Company hierarchySubsidiaries4 records
Enhance Ventures funding detail
Funding detailFunding overview
Funding rounds3 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Enhance Ventures M&A and investment
M&A and investmentM&A
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Enhance Ventures
What does Enhance Ventures do?
Enhance Ventures is a venture studio that ideates, validates, builds, scales, and exits businesses on behalf of and alongside corporations and governments across the MENAPT region. The firm operates as co-founder rather than consultant, taking equity stakes (skin-in-the-game) while employing its proprietary The 29 Playbook methodology and AVA agentic-AI platform. Offerings are delivered through four studios (Enhance Innovation, Enhance Azerbaijan, Enhance Energy, Edge by Enhance) and produce portfolio ventures spanning fintech, food supply, healthcare, oil & gas inspection, fractional real estate, traveltech, virtual assets, insurtech, and corporate spend management.
Is Enhance Ventures a public or private company?
Enhance Ventures is a private company. It is classified as venture growth investor backed and is currently operating.
When was Enhance Ventures founded?
Enhance Ventures was founded in 2014. It employs 11 to 50 people.
Where is Enhance Ventures based?
Enhance Ventures is headquartered in Dubai, United Arab Emirates, in the Middle East region.
How does Enhance Ventures make money?
Three revenue lines are on record. Venture Building / Studio Equity is the primary driver. The others are professional Services and ecosystem Services & Training.
Who are Enhance Ventures's main competitors?
Rocket Internet is listed as a broad incumbent. Direct peers are Founders Factory, Science Inc., Betaworks, High Alpha, Idealab, Atomic, Pioneer Square Labs and Antler. Merantix is listed as an emerging player.
Does Enhance Ventures have an API?
No public API is recorded for Enhance Ventures.
What industry is Enhance Ventures in?
Enhance Ventures's product category is Venture Studio Services. Its primary akta.pro industry code is FSANAAAH, Venture Studios / Company Builders, with a secondary code of FSANAAAD, Sector-Focused Venture Capital (Vertical Specialists). Its NAICS code is 52391 and its SIC code is 8742.