# Michel Daher

> Michel Daher is a seed investor at Kyriba (Lebanon) backing Finance and Internet. See 7 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Kyriba](https://shizune.co/investors/profile/kyriba)
- Location: Lebanon, United States
- Total investments: 7
- Last investment: Sep 2017
- Lead investor: 14%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/micheldaher/

Michel Daher is a seed investor at Kyriba in Lebanon focused on Finance and Internet. In 2003, Michel Daher founded Master Global Assets, an investment vehicle charged with managing the Daher family’s investment activities. After accumulating a track record of consistent, outperforming returns, he went on to co-found the first hedge fund operations in the Middle East. In 2009, Michel Daher co-founded and since then serves asChairman of the Board of Master Capital Group SAL, what has become the largest non-bank affiliated dealer broker that specifically caters to the Middle East and North Africa. In 2010, he founded a private equity fund targeting the FMCG sector in the Levant area.Mr. Daher serves on the board of Victor IB Holdings, an Equities and Options broker for small institutional investors as well as high net worth individuals in the United States, Bonds.com Group, a FINRA registered Broker Dealer and ATS, offers access to live liquidity and execution through its web based electronic BondsPRO platform. He has served on the board of numerous public and private companies.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Finance | 2 | 29% |
| Internet | 2 | 29% |
| Software | 2 | 29% |
| E-Commerce | 2 | 29% |
| Financial Services | 2 | 29% |

18 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 2 | 29% |
| Series E | 2 | 29% |
| Series B | 1 | 14% |
| Series C | 1 | 14% |
| Series D | 1 | 14% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Kyriba | Kyriba offers SaaS-based treasury solutions that enable treasury departments to plan for market volatility, regulation, and opportunities. Kyriba is a provider of web-based cash and treasury management solutions delivered under the SaaS model. pioneering Active Liquidity Network connects internal applications for treasury, risk, payments, andworking capital, with vital external sources such as banks, ERPs, trading platforms, and market data providers. Based on a secure, highly scalable SaaS platform that leverages artificial and business intelligence, Kyriba enables thousands of companies worldwide to maximize growth opportunities, protect against loss from fraud and financial risk, and reduce costs through advanced automation.It was founded in 2000 and headquartered in San Diego, California. | $45M | Series E | Sep 27, 2017 |  |
| Kyriba | Kyriba offers SaaS-based treasury solutions that enable treasury departments to plan for market volatility, regulation, and opportunities. Kyriba is a provider of web-based cash and treasury management solutions delivered under the SaaS model. pioneering Active Liquidity Network connects internal applications for treasury, risk, payments, andworking capital, with vital external sources such as banks, ERPs, trading platforms, and market data providers. Based on a secure, highly scalable SaaS platform that leverages artificial and business intelligence, Kyriba enables thousands of companies worldwide to maximize growth opportunities, protect against loss from fraud and financial risk, and reduce costs through advanced automation.It was founded in 2000 and headquartered in San Diego, California. | $23M | Series D | Sep 29, 2016 |  |
| Kyriba | Kyriba offers SaaS-based treasury solutions that enable treasury departments to plan for market volatility, regulation, and opportunities. Kyriba is a provider of web-based cash and treasury management solutions delivered under the SaaS model. pioneering Active Liquidity Network connects internal applications for treasury, risk, payments, andworking capital, with vital external sources such as banks, ERPs, trading platforms, and market data providers. Based on a secure, highly scalable SaaS platform that leverages artificial and business intelligence, Kyriba enables thousands of companies worldwide to maximize growth opportunities, protect against loss from fraud and financial risk, and reduce costs through advanced automation.It was founded in 2000 and headquartered in San Diego, California. | $21M | Series C | Apr 07, 2015 |  |
| Kyriba | Kyriba offers SaaS-based treasury solutions that enable treasury departments to plan for market volatility, regulation, and opportunities. Kyriba is a provider of web-based cash and treasury management solutions delivered under the SaaS model. pioneering Active Liquidity Network connects internal applications for treasury, risk, payments, andworking capital, with vital external sources such as banks, ERPs, trading platforms, and market data providers. Based on a secure, highly scalable SaaS platform that leverages artificial and business intelligence, Kyriba enables thousands of companies worldwide to maximize growth opportunities, protect against loss from fraud and financial risk, and reduce costs through advanced automation.It was founded in 2000 and headquartered in San Diego, California. | $18.2M | Series B | Aug 14, 2013 |  |
| Divshot | Divshot is the interface builder for the web. Prototype responsive HTML5 interfaces in minutes and export to clean, semantic markup and CSS. It's the first tool of its kind that is capable of generating the same quality code as developers writing it by hand. | $1.1M | Seed | Mar 19, 2013 |  |
| Goat Group | Goat Group is a marketplace for authentic sneakers, apparel, and accessories. | $6M | Seed | Jun 12, 2012 |  |
| MTS Markets International (MMI) | Bonds.com Group, Inc.'s wholly-owned subsidiary Bonds.com Inc. ("BCI"), a FINRA registered Broker Dealer and ATS, offers access to live liquidity and execution through its web based electronic BondsPRO platform.BondsPRO provides professional traders over 70,000 live prices (with 65 million price updates daily) on 10,000 differentissues from over 300 contributing counterparties. BondsPRO posts live, anonymous, and executable orders on a single bond or list basis, and permits price negotiation. Its all-to-all connectivity allows supply to meet demand, thereby increasing efficiency and reducing spread. BCI is a neutral counterparty to all trades, acting as a riskless principal. | $16.6M | Series E | Dec 05, 2011 |  |

7 of 7 investments shown.

## Co-investors
- [IRIS](https://shizune.co/investors/profile/iris-capital) — VC Fund, 4 deals together
- [Bpifrance](https://shizune.co/investors/profile/bpifrance) — VC Fund, 1 deal together
- [Cooley](https://shizune.co/investors/profile/cooley-llp) — VC Fund, 1 deal together
- [HSBC](https://shizune.co/investors/profile/hsbc) — VC Fund, 1 deal together
- [Initialized Capital](https://shizune.co/investors/profile/initialized-capital) — VC Fund, 1 deal together
- [Rincon Venture Partners](https://shizune.co/investors/profile/rincon-venture-partners) — VC Fund, 1 deal together

## About Kyriba

VC Fund · San Diego, United States

Kyriba offers SaaS-based treasury solutions that enable treasury departments to plan for market volatility, regulation, and opportunities. Kyriba is a provider of web-based cash and treasury management solutions delivered under the SaaS model. pioneering Active Liquidity Network connects internal applications for treasury, risk, payments, andworking capital, with vital external sources such as banks, ERPs, trading platforms, and market data providers. Based on a secure, highly scalable SaaS platform that leverages artificial and business intelligence, Kyriba enables thousands of companies worldwide to maximize growth opportunities, protect against loss from fraud and financial risk, and reduce costs through advanced automation.It was founded in 2000 and headquartered in San Diego, California.

5 contacts available at Kyriba.

| Name | Title | Profile |
| --- | --- | --- |
| Jean-Luc Robert | Chairman & CEO | https://shizune.co/investors/profile/jean-luc-robert |
| Boris Lipiainen | Chief Product and Technology Officer | https://shizune.co/investors/profile/boris-lipiainen |
| Eric Ball | Board Advisor | https://shizune.co/investors/profile/eric-ball |
| Fabrice Lévy | Chief Client Officer | https://shizune.co/investors/profile/fabrice-lvy |
| Michel Daher | Board Member | https://shizune.co/investors/profile/michel-daher |

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## FAQ

### What does Michel Daher invest in?

Michel Daher invests primarily in Finance, Internet and Software startups, most often at Seed and Series E stage. Most of the 7 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Michel Daher last invest?

The most recent investment recorded for Michel Daher closed in Sep 2017. 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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