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The Venture Codex

Gulf Capital

Gate Village, building #6, office #105, Dubai, 506965, United Arab Emirates

Overview

Gulf Capital is a leading, thematic-driven alternative investment firm with over fifteen years of investment experience in Growth Markets across Private Equity, Private Debt, Growth Capital, and Real Estate. The Firm partners with great entrepreneurs and management teams to provide them with growth capital, strategic advice, and operational expertise and helps them build market-leading global businesses. Gulf Capital has a long and proven track record of investing in Growth Markets, having closed 36 investments since inception. The Firm currently manages over $2.5 billion in assets across seven funds and investment vehicles. Gulf Capital is a thematic investor focused on resilient, forward-looking sectors such as Technology, Fintech, Healthcare, Business Services and Sustainability. The Firm’s mission is to build value with world-class governance, deep expertise, and leading industry best practices to generate sustainable and superior performance for its key stakeholders. Gulf Capital is a signatory of HRH Prince Charles’ sustainable finance charter, Terra Carta, as well as the United Nations Principles of Responsible Investments (UNPRI).

Total investments
1
Lead investments
1
Investments · 12mo
0
Active investors
7

Sector focus

  • Asset Management
  • Finance
  • Financial Services
  • FinTech
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Investment portfolio

  • Vezeeta

    Led · Series D · Feb 2020

    Vezeeta operates a free medical search and booking platform that allows patients to search, book, rate and review healthcare providers and view doctors' schedules. The platform integrates provider schedules and Uber-style ratings, shifting choice and information power to patients. Launched in Cairo in 2012, Vezeeta now operates in 50 cities across Egypt, Saudi Arabia, Jordan and Lebanon and reaches around 4 million patients across four countries. The platform generates 4 million annual appointments, claims to have tripled in size year over year, and provides a SaaS solution to more than 30,000 healthcare providers. Vezeeta plans to roll out new products including an online pharmacy and tele-health services across its existing footprint and new markets and intends to expand its product portfolio regionally. Its scale and growth have made it one of the region’s notable MENA healthtech success stories. Vezeeta operates one of the MENA region’s largest healthcare booking platforms and provides medical practice management software. Founded in 2012 by Amir Barsoum, the company connects patients and doctors across Egypt, Saudi Arabia and Jordan. Vezeeta says it has managed over 3 million bookings and connected 2.5 million patients to more than 10,000 doctors. The company has raised multiple rounds of external funding, including a $5 million round last year and a $12 million Series C earlier in the year. CEO and co-founder Amir Barsoum said the IFC investment would help fuel Vezeeta’s growth and bridge it to a global network. The current financial situation shows continued investor interest following the Series C and subsequent IFC investment. Vezeeta launched in 2011 in Cairo and has expanded across multiple MENA cities to offer a broader range of health services. It began as an "Uber for Ambulances" and built a free medical search platform that integrates information about medical practices and doctors' schedules for end users. The company sells a paid subscription scheduling system to medical personnel that allows patients to find open slots and make appointments. Vezeeta reports it has managed 3 million bookings, served 2.5 million consumers/patients, and connected more than 10,000 doctors in Egypt, Saudi Arabia and Jordan. The startup is continuing regional expansion, with particular focus on Saudi Arabia, and plans further investments in key new products. Its current financial position includes a newly announced $12M Series C to support that growth. Vezeeta is an Egyptian health‑tech startup that allows users to book doctor appointments via an online platform. The company offers a website and a mobile app that let users search and book by specialty, geography, insurance provider and price. The article reports Vezeeta raised $5 million, bringing its total funding to date to $7.4 million. The report does not name any investors or specify the funding instrument or round type. No operating metrics, revenue, user counts, or future plans are disclosed in the article.

Team

  • Dr. Karim El Solh

    Co-Founder and CEO

    LinkedIn
  • Kaiser Jasrai

    Head of Fundraising and Investor Relations

    LinkedIn
  • Mohammad Madani

    Managing Director

    LinkedIn
  • Wissam Daoud

    Chief Financial Officer

    LinkedIn