# Christos Mastoras

> Christos Mastoras is a seed investor at Iliad Partners (Dubai) backing B2B and Logistics. See 7 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Iliad Partners](https://shizune.co/investors/profile/iliad-partners)
- Location: Dubai, United Arab Emirates
- Total investments: 7
- Last investment: Apr 2026
- Lead investor: 43%
- Last updated: Aug 2026
- LinkedIn: http://www.linkedin.com/in/christosmastoras
- X (Twitter): http://twitter.com/cmastoras
- Website: https://www.iliad-partners.com

Christos Mastoras is a seed investor at Iliad Partners in Dubai focused on B2B and Logistics. Christos Mastoras is the Founder and Managing Partner of Iliad Partners.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| B2B | 2 | 29% |
| Logistics | 2 | 29% |
| Information Technology | 2 | 29% |
| Supply Chain Management | 2 | 29% |
| SaaS | 1 | 14% |

16 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 2 | 29% |
| Convertible Note | 2 | 29% |
| Series A | 1 | 14% |
| Series B | 1 | 14% |
| Series C | 1 | 14% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United Arab Emirates | 3 | 43% |
| Saudi Arabia | 1 | 14% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Comfi.ai | Comfi is helping B2B SaaS vendors close 2x more annual contracts without expanding the team.In simple words, we do so by providing your customers with payment flexibility. Your customers can enjoy the annual discounts and still pay us monthly, while we pay you the value of annual contracts upfront.Not only you acquire cheap capital upfront, butalso you obtain customers that will be easier to retain in the long-run.Depending on the sales processes we can seamlessly integrate in any of the current flows in either way:1. BNPL Checkout - if you have a B2C like self-serve checkout experience we can integrate through our API. 2. Invoicing - if you use any invoicing software like Stripe, Hubspot, Freshbooks etc. your sales reps can generate payment links in Comfi dashboard and attach them to the invoices.In our dashboard, you get everything from a bird-eye overview to detailed analytics of every instalment request.For your customers, it’s always a B2C-like experience where they see exactly how much they are going to pay and when.On our checkout, they can choose between a 4/12-month instalment plans and the way they want to pay: either using their corporate credit card or via ACH direct debit .We can finance any of your customers as long as they meet certain criteria and have a business Stripe account or Bank Account that we check for creditworthiness in 1 minute and make real-time decisions.On top of that, you won’t have to worry about the risks and collections, we bear the responsibility for debt collection.The integration itself is free of charge, we only charge you a small fee whenever your customer purchases an annual subscription through Comfi.Some benefits: - Your sales teams will be able to close more annual contracts with little effort - Some of your customers would love the ability to enjoy the annual discounts while pay monthly - We can also help you increase your upfront capital by seamlessly upselling your existing customers to annual plans (if that’s applicable) | $65M | Seed | Apr 27, 2026 |  |
| Penny Software | Simple. Spending. Software.As above. But, more specifically, penny is a cloud-based Procure-To-Pay system. penny helps you digitize and manage your full procurement cycle from request to approval. Manage RFQs to vendors, compare quotations, send POs and even payment. penny was designed to make things easy and consolidate all of yourorganization’s spending needs into one intelligent system | $6.5M | Seed | Apr 15, 2024 |  |
| Fetchr | Fetchr helps local merchants and global brands build, launch and grow profitable eCommerce businesses with an easy to use proprietary shipping and logistics solution. With our app and a simple tap, we can locate your exact location allowing us to deliver packages to your phone faster and more efficiently. Fetchr solves the problem of no physicaladdresses in emerging markets. | $15M | Series C | Jul 23, 2020 |  |
| TruKKer | TruKKer is a technology-enabled truck aggregator that operates multiple truck types for multiple end markets. The company integrates demand and supply for land freight services. The network is built on real-time data analytics that creates reliability, transparency, and utilization-based savings for Shippers and thousands of transporters. Thenetwork’s rapid growth and scale are creating multiple opportunities through data monetization and consolidated procurement.Trukker's cloud-based freight solutions offer end-to-end coverage and a full-service portfolio for shippers, carriers, and businesses alike.It was founded in 2016 and is based in Abu Dhabi, UAE. | $23M | Series A | Nov 12, 2019 |  |
| Fetchr | Fetchr helps local merchants and global brands build, launch and grow profitable eCommerce businesses with an easy to use proprietary shipping and logistics solution. With our app and a simple tap, we can locate your exact location allowing us to deliver packages to your phone faster and more efficiently. Fetchr solves the problem of no physicaladdresses in emerging markets. | $41M | Series B | May 16, 2017 |  |
| Fetchr | Fetchr helps local merchants and global brands build, launch and grow profitable eCommerce businesses with an easy to use proprietary shipping and logistics solution. With our app and a simple tap, we can locate your exact location allowing us to deliver packages to your phone faster and more efficiently. Fetchr solves the problem of no physicaladdresses in emerging markets. | $10M | Convertible Note |  |  |
| TruKKer | TruKKer is a technology-enabled truck aggregator that operates multiple truck types for multiple end markets. The company integrates demand and supply for land freight services. The network is built on real-time data analytics that creates reliability, transparency, and utilization-based savings for Shippers and thousands of transporters. Thenetwork’s rapid growth and scale are creating multiple opportunities through data monetization and consolidated procurement.Trukker's cloud-based freight solutions offer end-to-end coverage and a full-service portfolio for shippers, carriers, and businesses alike.It was founded in 2016 and is based in Abu Dhabi, UAE. | $4M | Convertible Note |  |  |

7 of 7 investments shown.

## Co-investors
- [Shorooq Partners](https://shizune.co/investors/profile/shorooq-partners) — VC Fund, 3 deals together
- [BECO Capital](https://shizune.co/investors/profile/beco-capital) — VC Fund, 2 deals together
- [9Yards Capital](https://shizune.co/investors/profile/9yards-capital) — VC Fund, 1 deal together
- [Al Tuwaijri Fund](https://shizune.co/investors/profile/al-tuwaijri-fund) — VC Fund, 1 deal together
- [Class 5 Global](https://shizune.co/investors/profile/class-5-global) — VC Fund, 1 deal together
- [CMA CGM](https://shizune.co/investors/profile/cma-cgm) — VC Fund, 1 deal together

## About Iliad Partners

VC Fund · Dubai, United Arab Emirates

Iliad Partners is a Venture Capital firm based in Dubai that invests in early stage technology companies with a focus on the MENA region. We partner with founders to help them build their startups into high-growth ventures that will become the disruptive companies of tomorrow.

3 contacts available at Iliad Partners.

| Name | Title | Profile |
| --- | --- | --- |
| Apostolos Binomakis | Venture Partner | https://shizune.co/investors/profile/apostolos-binomakis |
| Christos Mastoras | Founder and Managing Partner | https://shizune.co/investors/profile/christos-mastoras |
| Omar Al-Madhi | Partner | https://shizune.co/investors/profile/omar-al-madhi |

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## FAQ

### What does Christos Mastoras invest in?

Christos Mastoras invests primarily in B2B, Logistics and Information Technology startups, most often at Seed and Convertible Note stage. Most of the 7 investments tracked by Shizune back companies in United Arab Emirates. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Christos Mastoras last invest?

The most recent investment recorded for Christos Mastoras closed in Apr 2026. Shizune tracks 7 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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