The Venture Codex

Participated · Series A · Jun 2026

Wellbees offers an enterprise-focused, AI-powered employee wellbeing platform operating in more than 100 countries and supporting 38 languages. The platform covers physical, mental, emotional, social, financial, occupational, environmental, intellectual, and spiritual wellbeing through services such as expert consultations, habit tracking, wellness programs, employee engagement initiatives, analytics, and next-generation Employee Assistance Programs (EAPs). Wellbees emphasizes personalized and measurable wellbeing experiences for organizations. Following its $3.6 million Series A, the company is planning expansion across the Gulf, including opening a Qatar office and growing a regional team. Wellbees will also invest in software and product development and enhance its AI capabilities with the new funding. The company has attracted both institutional and angel participation, including existing investor Sabancı Ventures.

Participated · Seed · Jun 2026

Paypercut provides a full payments stack for online merchants across Central and Eastern Europe via a single integration, combining card payments, local payment methods, and multiple Buy Now Pay Later providers. Since its EUR 2M pre-seed in July 2025 the company has expanded to serve over 200 merchants across eight CEE markets and evolved from a BNPL aggregator into a full payments platform. Key product features include multi-currency settlement, onboarding fully online in days, payment links and QR payments, and an Express Checkout launching to enable one-tap Apple Pay and Google Pay flows. Paypercut operates through licensed and regulated partners across the EEA and has submitted its own EMI application with the Central Bank of Ireland, expecting authorisation in Q4 2026. The company is also developing stablecoin-based rails for high-volume non-euro corridors (starting with EUR-to-PLN and EUR-to-RON) and has a roadmap extending into treasury, FX, payouts, and embedded financial services.

Participated · Series A · May 2026

Aumet builds an AI-first procurement operating system and inventory management software tailored to pharmacies, hospitals, and healthcare systems. Its platform focuses on automating procurement workflows and improving operational decision-making across the healthcare supply chain. The company targets markets where healthcare procurement relies on fragmented legacy systems that create inefficiencies. With the new funding, Aumet plans to expand its AI capabilities and scale enterprise deployments. It also intends to use the capital to enter additional GCC markets. The articles do not provide revenue, user, or founding-year metrics.

Led · Seed · Nov 2025

Helio AI has built an intelligent recruiting agent that chats, thinks, and acts in local languages while administering game-based psychometric tests to rank candidates instantly. The platform automates up to 70 % of recruiter tasks, cutting workload and speeding up decision-making for employers facing large applicant volumes. Hundreds of international brands across seven countries already rely on the software, demonstrating strong traction in emerging markets. Founded by a Georgian team now based in the United States, Helio AI targets systemic inefficiencies in HR by bringing advanced AI to a traditionally underserved function. The company’s core differentiator is its ability to combine conversational AI with scientifically validated assessments, delivering faster and fairer hiring outcomes. Recent funding will allow the startup to scale its AI Recruiting Agent globally and expand product capabilities, broadening its impact across fast-growing markets.

Led · Seed · Oct 2025

UPFRONT is a fintech startup founded in May 2025 by Anas Qudah, Abdullah Alghadouni, and Mahmoud Abdel-Fattah Moursy to tackle cash-flow inefficiencies facing small and medium-sized businesses in MENA. Its cloud platform integrates with existing accounting software to deliver real-time financial analytics, automate receivables, orchestrate payments, and free up working capital, thereby shrinking Days Sales Outstanding. The product blends revenue-based financing, payment orchestration, and accounts-receivable automation into a single financial operating system. UPFRONT has already secured a strategic partnership with embedded-finance provider CredibleX to access flexible capital structures for clients. The company is operational in the UAE and plans to enter Saudi Arabia next. Fresh funding will be used to scale engineering and go-to-market teams and to build infrastructure aimed at closing the region’s estimated $250 billion SMB funding gap.