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.
- Total investments:
- 9
- Last investment:
- Lead investor:
- 33%
- Fund size:
- $50M
- Last fund:
Last updated:
For AI agents: llms.txt
Industries Iliad Partners invests in
Stages Iliad Partners invests in
Countries Iliad Partners invests in
Round sizes
Contacts
| Name | Phone | Socials | |
|---|---|---|---|
Round size
- Seed
- $6.5M–$65M
- Series A
- $8M–$23M
- Convertible Note
- $4M–$10M
Investment Focus
Industry
- Logistics 3 (33%)
- B2B 2 (22%)
- FinTech 2 (22%)
- E-Commerce 2 (22%)
- Delivery Service 2 (22%)
Stage
- Seed 3 (33%)
- Series A 2 (22%)
- Convertible Note 2 (22%)
- Series B 1 (11%)
- Series C 1 (11%)
Country
- United Arab Emirates 4 (44%)
- Saudi Arabia 2 (22%)
Team
| Name | Title | Investments | Links | |
|---|---|---|---|---|
Apostolos Binomakis
Venture Partner
|
Venture Partner | Total investments: 1 | Find email | |
Christos Mastoras
Founder and Managing Partner
|
Founder and Managing Partner | Total investments: 7 | Find email | |
|
Omar Al-Madhi
Partner
|
Partner | Total investments: 0 | Find email |
Investments
| Company | Description | Round | Links |
|---|---|---|---|
| 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 | ||
| OTO is an All-in-one Shipping Management Software for Online Businesses & OmniChannel Brands to Ship, Manage, Track, Return & Analyze their online orders with 200+ Shipping Carriers from 1 consolidated dashboard.OTO's SaaS solution helps businesses to automate and streamline all their shipping operations through combined 6 systemsincluding: Order Management System (OMS), Warehouse Management System (WMS), Last-Mile Management System (LMS), Drivers Management System (DMS), Returns Management System (RMS) & Customer Notification System (CNS). On the other hand, their Aggregator solution helps the the small and medium businesses (SMBs) selling online or offline to buy local and international shipping labels directly from OTO with no contracts needed with the shipping carriers with the best rates available in the market.OTO's solutions were designed to help their clients ship faster, cheaper and better, but saving them thousands of hours and millions in operational costs. | $8M / Series A / Jul 22, 2024 | ||
| 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 | ||
| Qashio is a spend management platform that allows people to monitor costs, make payments with app credit cards, and handle payables. Founded in 2021 and is based in Dubai. | $10M / Seed / Nov 22, 2022 | ||
| 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 | ||
| 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 / Dec 04, 2019 | ||
| 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 | ||
| 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 / Feb 07, 2019 | ||
| 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 |
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FAQ
What does Iliad Partners invest in?
Iliad Partners invests primarily in Logistics, B2B and FinTech startups, most often at Seed and Series A stage. Most of the 9 investments tracked by Shizune back companies in United Arab Emirates. The Investment Focus section breaks down every industry, stage and country in the portfolio.
What is Iliad Partners's check size?
Iliad Partners typically joins rounds of $6.5M–$65M at Seed, $8M–$23M at Series A and $4M–$10M at Convertible Note. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Iliad Partners participates in.
How do I contact Iliad Partners?
Public channels for Iliad Partners include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.
Who are the partners at Iliad Partners?
The team at Iliad Partners includes Apostolos Binomakis (Venture Partner), Christos Mastoras (Founder and Managing Partner) and Omar Al-Madhi (Partner). The Team section lists each member with their title, investment count and links.
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 Sep 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
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