The United Arab Emirates has attracted a lot of interest in recent years, owing to tourism and the country’s oil reserves. When people think of Dubai, they think of opulent lifestyles and breathtaking surroundings. Aside from that, the UAE has a slew of excellent companies, many of which focus on technology and SaaS. With the amount of money accessible in the UAE, it’s no surprise that the country is transforming into a beautiful hub for business, similar to how many other countries in its league are producing top companies.
So, let’s start our Top 20 Most Promising startups in Dubai in 2022.
- GrubTech
GrubTech was founded in the year 2019.
Dubai, United Arab Emirates (UAE), is the company’s headquarters.
Size range: 51-100
Mohamed Al-Fayed, Mohamed Hamedi, and Omar Rifai are the founders.
GrubTech is a UAE firm situated in Dubai, UAE, launched in 2019. The company offers a SaaS that delivers end-to-end solutions for digital kitchen transformation. This is accomplished by a point-of-sale system that allows eateries to sell to their consumers more efficiently. Insights and analytics are also included on the platform, allowing customers to grasp their data better.
Since its inception in 2019, the company has had significant success in obtaining startup capital to help it grow and flourish. This has been made possible thanks to a group of investors who have invested $18.4 million in the company.
2. Hubpay
Hubpay was founded in the year 2018.
Dubai, United Arab Emirates (UAE), is the company’s headquarters.
Size range: 1 to 10
Founder: Kevin Kilty
Hubpay is a UAE-based firm launched in 2018 and is headquartered in Dubai, UAE. The company is a wholly regulated money transfer service provider to cross national borders. The main goal is to assist people in developing markets in becoming financially engaged, regardless of their country’s infrastructure.
Hubpay has already managed to collect a significant amount of startup capital to achieve the company’s ambitions in the few years it has been in operation. This money was made possible thanks to the efforts of five investors who backed the company, and Hubpay was able to raise a total of $2 million due to this.
3. Hala
Hala’s Year of Inception: 2018
Dubai, United Arab Emirates (UAE), is the company’s headquarters.
Size: 11-50
Karim Davis Dib and Walid Daniel Dib are the founders of the company.
Hala is a UAE startup based in Dubai that was founded in 2018. The firm offers IT services to make taxi services in Dubai more accessible and innovative for the typical client. They are creating a more intelligent way to move about Dubai with their app.
As of right now, the company has not received any outside funding made public. Despite this, given the amount of money available in the country and the company’s technology, it appears that it will only be a matter of time before they acquire funding.
4. RemotePass
RemotePass was established in the year 2020.
Abu Dhabi, United Arab Emirates, is the headquarters.
Size range: 51-100
Karim Nadi, Karim Nadi, Karim Nadi, Karim Nadi, Kar
RemotePass is a UAE-based firm created in 2020 and headquartered in Abu Dhabi. The company offers a SaaS solution for enterprises that helps them control their remote workers by making payments, hiring, onboarding, and managing them more straightforward, no matter where they are.
Despite the company’s infancy, RemotePass has been able to secure startup investment to help it develop. This was accomplished in a single Seed Funding Round in December 2021, during which the company received an undisclosed amount of funding from five investors.
5. 99Starz
99Starz was founded in the year 2021.
Dubai, United Arab Emirates (UAE), is the company’s headquarters.
Size range: 1 to 10
Founder: Luca Lamberti
99Starz is a UAE startup established in 2021 and is based in Dubai, UAE. The company works in the blockchain industry, allowing gamers to play blockchain video games and earn money. As a result, gaming has become more viable and incentivized for gamers worldwide. Their efforts in developing NFT yields accomplish this.
Since its inception last year, the company has already shown success in raising funds to help the 99Starz team reach new heights. This was accomplished in two funding rounds in November and December 2021, and the company received funding from two investors during these rounds.
6. Raseed
Raseed was founded in the year 2020.
Dubai, United Arab Emirates (UAE), is the company’s headquarters.
Dimensions: 11-50
Founder: Abdel Sallam Qatshan
Raseed was a Fintech firm based in Dubai, United Arab Emirates, launched in 2020. The company runs a platform that allows people in the Middle East to invest in the US stock market reasonably and straightforwardly for them. This provides a springboard for locals to increase their incomes through investment.
Even though Raseed is a young firm, it has already been able to collect funding to help it achieve its goals. In that short amount of time, the company has made 4.1 million SAR. This was accomplished thanks to the efforts of two investors who were interested in the business.
7. Keepface
Keep face was founded in 2017.
Dubai, United Arab Emirates (UAE), is the company’s headquarters.
Dimensions: 11-50
Elsad Yusifli, Emin Vali, and Vagif Abbasov are the founders.
Keepface is a UAE-based startup formed in 2017 and is situated in Dubai. The company provides a SaaS solution for organizations to communicate and get in touch with influencers through a marketplace framework. This enables businesses to boost their marketing efforts by engaging with influencers interested in what they have to offer.
Keep face has successfully attracted startup capital for expansion and development in the few years it has been in operation. A single investor obtained this investment during a funding round in 2019 that totalled $450,000. It’s not unreasonable to expect a more significant investment in the foreseeable future.
8. Getbee
Getbee was founded in 2017.
Dubai, United Arab Emirates (UAE), is the company’s headquarters.
Size range: 1 to 10
Founder: Thea C. Myhrvold
Getbee is a United Arab Emirates-based firm formed in 2017 and is based in Dubai. The company sells live video software that allows businesses to connect with customers physically, just like they would at a store. As a result, they can get expert assistance from the convenience of their own homes. This is especially relevant in the case of the COVID-19 pandemic.
Getbee has had a lot of luck attracting startup funding since its inception. Currently, the company has agreements with four investors for a single round of investment that will be completed in October 2021. Getbee raised a total of $1.8 million in this round of fundraising.
9. Englease
Year of Inception: 2019
Dubai, United Arab Emirates (UAE), is the company’s headquarters.
Size range: 51-100
Founder: Omar Chihane
Englease is a UAE-based firm launched in 2019 and is now headquartered in Dubai. The organization offers students an online environment where they can conveniently learn English for them. These classes are held in real-time, allowing for more interaction, and accredited specialists teach them. These classes assist people in the MENA region to learn one of the world’s most widely spoken languages.
Englease was only created a few years ago, but it has already attracted many investors. The startup was able to attract nine investors in a single fundraising round, and Englease successfully raised $3.4 million in startup finance due to these investors.
10. Finyal Media
Finyal Media was founded in the year 2019.
Dubai, United Arab Emirates (UAE), is the company’s headquarters.
Size range: 1 to 10
Leila Hamadeh, Majid Al Qassimi, and Mishari Alonaizy are the founders.
Finyal Media is a Dubai-based UAE firm that was launched in 2019. The company operates a podcasting network to provide engaging and immersive content to young people all around the Arab world. They feature a variety of material kinds for those with various interests.
Despite the specialized industry and the company’s infancy, it has successfully attracted financing. Finyal Media has received $465,200 in funding from a single investor throughout three funding rounds.
11. Odiggo
Odiggo was founded in the year 2019.
Dubai, United Arab Emirates (UAE), is the company’s headquarters.
Dimensions: 11-50
Founder: Ahmed Nasser
Odiggo is a UAE-based firm launched in 2019 and is currently headquartered in Dubai. The startup wants to make automotive repairs and maintenance easier for clients by building an online marketplace that connects them with vehicle parts and service provider suppliers. This enables services to be completed considerably quicker and at a lower cost.
Even though the company was just created a few years ago, it has already made significant headway in obtaining startup finance. The company has gone through six investment rounds, with nine different investors participating in each competition. As a result, Odiggo has raised $3 million in finance.
12. Koala Picks
Year Koala Picks was established: in 2019
Dubai, United Arab Emirates (UAE), is the company’s headquarters.
Size range: 1 to 10
Ahmed Mobasher and Aya Assaf are the founders.
Koala Picks is a Dubai-based UAE firm that was formed in 2019. The company hopes to gain a competitive advantage in the market for children’s snacks by making them healthier and more nutritious. They provide a variety of product lines, including gluten-free and dairy-free options.
Since its inception, the company has completed a single startup funding round. This round took place in September 2021, resulting in a profit of 1.5 million AED.
13. Enhance Fitness
Enhance Fitness was founded in the year 2018.
Dubai, United Arab Emirates (UAE), is the company’s headquarters.
Size range: 51-100
Founder: Tarek Mounir
Enhance Fitness is a UAE-based firm formed in 2018. It is now situated in Dubai. The company aspires to become a dominant force in the Arab fitness sector by providing customers with personal access to on-demand training in several venues.
Since its inception, Enhance Fitness has been successful in obtaining startup finance. This was done with a single investor and a single round of investment. This investor chose to put $3 million into the company to help it grow.
14. YZ Buyer
Dubai, United Arab Emirates (UAE), is the company’s headquarters.
Dimensions: 11-50
Ralitza Ivanova and Vineet Chadha are the founders.
YZ Buyer is a Dubai-based UAE startup that was formed in 2017. The business is an e-commerce company that seeks to deliver high-quality leather and other fashion items at a low cost. The goal is for the company to become one of the most well-known e-commerce companies for leather products.
YZ Buyer has previously successfully obtained outside finance to help the company grow. It has gone through two investment rounds, with three investors participating in each competition. YZ Buyer was able to raise a total of $1.2 million because of the activities of these investors.
15. The Luxury
The Luxury Year of Inception: 2018
Dubai, United Arab Emirates (UAE), is the company’s headquarters.
Dimensions: 11-50
Founder: Constantin Catalin Dascalu
The Luxury is a Dubai-based UAE firm that was formed in 2018. The company offers customized lifestyle management and concierge services to members alone. This allows clients to make vacation reservations, get restaurant recommendations, and gain entry to particular events. All of this is made possible by using a cryptocurrency to bring blockchain to this industry.
Since its inception in 2018, the company has had a lot of success in obtaining startup funding. This was accomplished thanks to a financing round in September 2021. The company was able to raise a total of $10 million due to this.
16. PureBorn
PureBorn was founded in 2016 and had a total of 16 employees.
Dubai, United Arab Emirates (UAE), is the company’s headquarters.
Dimensions: 11-50
Founder: Hannah Curran
PureBorn is a Dubai-based UAE firm that was formed in 2016. The company is in charge of developing and designing infant items. These products are unique in that they are made from natural ingredients, making them healthier for the baby’s skin and better for the environment.
During the company’s five years of operation, it has successfully obtained startup finance. This was accomplished in December 2021 by a single round of investment. The company raised $2 million in this round of finance.
17. Opontia
Opontia was founded in the year 2021.
Dubai, United Arab Emirates (UAE), is the company’s headquarters.
Size range: 1 to 10
Manfred Meyer and Philip Johnston founded the company.
Optontia is a UAE-based firm created in 2021 and is currently headquartered in Dubai. The company offers entrepreneurs a quick and straightforward way to sell their small e-commerce firms. Depending on the circumstances of the sale, the procedure can take as short as six weeks.
Opontia has had a lot of success collecting startup capital to help them get to the next level. The company has acquired $62 million in funding from fourteen investors and will take over Novimed in July 2021.
18. Vortex Biotech
Vortex Biotech was founded in the year 2021.
Dubai, United Arab Emirates (UAE), is the company’s headquarters.
Size range: 1 to 10
Founder: Mattia Nuti
Vortex Biotech is a Dubai-based UAE firm that was launched in 2021. The company designs and manufactures high-tech gadgets for the treatment of clinical waste. Other services are also available from the company.
Vortex Biotech has already acquired startup capital, even though it was only started in 2021. This money was raised as part of a Seed Funding round, and the company was able to successfully raise $100,000 during this round.
19. HyperSpace
HyperSpace was founded in the year 2020.
Dubai, United Arab Emirates (UAE), is the company’s headquarters.
Dimensions: 11-50
Founder: Desi Gonzalez
Hyperspace is a UAE-based startup created in 2020 and is currently based in Dubai. The company develops them by assisting in the conception, operation, and funding of experiential attractions, and they are the area’s leading attraction development platform.
Even though HyperSpace is still a young company, it has already received substantial outside funding. During one round of investment, HyperSpace was able to secure the support of five investors. As a result, the company could secure $11 million in finance.
20. Merit Incentives
Year of Inception: 2016
Dubai, United Arab Emirates (UAE), is the company’s headquarters.
Size range: 51-100
Founder: Julie Leblan
Merit Incentives is a Dubai-based UAE firm that was formed in 2016. In the MENA region, the organization assists in developing successful incentive systems for employees, which is accomplished through gifts, incentives, and engagement tactics.
Merit Incentives have done well in attracting outside investment since their inception, with a total of four investors investing their money into the company. This group of investors contributed 18.7 million SAR to the company.
edited and proofread by nikita sharma
