# otf Jasoor Ventures

> otf Jasoor Ventures is a VC fund in Muscat backing Logistics, B2B and FinTech. See 16 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Muscat, Oman
- Total investments: 16
- Last investment: Sep 2022
- Lead investor: 25%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/oman-tech-fund/about/
- X (Twitter): https://twitter.com/otf_jasoor
- Website: https://www.otf.om/

otf Jasoor Ventures is an early stage VC fund that invests in tech and tech-enabled startups in the MENA region

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $2M–$7.5M |
| Series A | $2.3M–$37M |
| Series B | $26M–$42M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Logistics | 3 | 19% |
| B2B | 2 | 13% |
| FinTech | 2 | 13% |
| E-Commerce | 2 | 13% |
| Mobile Apps | 2 | 13% |

31 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 5 | 31% |
| Series A | 4 | 25% |
| Series B | 2 | 13% |
| Series D | 1 | 6% |
| Private Equity | 1 | 6% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United Arab Emirates | 4 | 25% |
| Saudi Arabia | 2 | 13% |
| Oman | 1 | 6% |
| Egypt | 1 | 6% |
| Pakistan | 1 | 6% |

6 countries tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| ELEVATUS | Hire at enterprise scale without enterprise complexity.Since 2019, Elevatus has been rigorously implementing the latest in AI technology and modern science to design award-winning recruiting solutions that are revolutionizing the future of HR. Through these solutions, hundreds of companies from all over the world have been able to hire and assessover 1 million candidates to date. Elevatus helps enterprises, industry giants, startups, and brands from all around the globe centralize their core HR processes under one unified umbrella – to create a faster and more cost-efficient hiring experience. Today, Elevatus is a multi-award-winning software company headquartered in Saudi Arabia; with a growing client base, first-class awards, and legions of talented people in our team. | $10.5M | Series A | Sep 21, 2022 |  |
| ELEVATUS | Hire at enterprise scale without enterprise complexity.Since 2019, Elevatus has been rigorously implementing the latest in AI technology and modern science to design award-winning recruiting solutions that are revolutionizing the future of HR. Through these solutions, hundreds of companies from all over the world have been able to hire and assessover 1 million candidates to date. Elevatus helps enterprises, industry giants, startups, and brands from all around the globe centralize their core HR processes under one unified umbrella – to create a faster and more cost-efficient hiring experience. Today, Elevatus is a multi-award-winning software company headquartered in Saudi Arabia; with a growing client base, first-class awards, and legions of talented people in our team. |  | Private Equity | Sep 01, 2022 |  |
| Dastgyr Technologies | Dastgyr is a B2B e-commerce marketplace that uses technology to connect informal retailers with manufacturers and wholesalers. By building an ecosystem consisting of a marketplace, logistics, and capital, Dastgyr is changing how retailers do business. | $37M | Series A | Jun 14, 2022 |  |
| NymCard | NymCard is a full-stack, API-first embedded finance platform that provides payment infrastructure for banks, fintechs, enterprises, and telecom providers. The platform enables seamless card issuance, transaction processing, digital lending, and real-time money movement through its proprietary nCore system. Operating across multiple countries,NymCard owns its processing and switching technology, offering greater control and flexibility without reliance on third-party providers.The company is licensed by the Central Bank of the UAE, ensuring compliance with financial regulations while helping institutions scale their financial services. By integrating with global and regional payment networks, NymCard supports businesses in launching and managing payment products efficiently. | $22.5M | Series A | Jun 08, 2022 |  |
| BARQ | BARQ enables bullet delivery for any business. From e-commerce to food, e-groceries and various sectors, BARQ utilizes its state-of-the-art delivery technologies to deliver orders as fast as 15 minutes up to same day delivery service.BARQ converts retail outlets to micro-fulfilment centers/dispatching hubs making delivery faster &easier. Once a customer places an order through the business platform, order gets fulfilled by the closest retail outlet and delivered to the customer once ready for pick up (bullet delivery).BARQ also serves warehouses and fulfillment centers with several delivery options, 4hrs up to same day or next day, depending on the business’ need. While restaurants and food aggregators enjoy 30-45 minute delivery service & paying a delivery fee ONLY. | $4M | Seed | Feb 07, 2022 |  |
| EON Aligner | EON Aligner was born from the idea that straightening crooked teeth didn’t need to be difficult. This principle still rests at the core of everything they do. Originally from Minnesota, eon Aligner is now headquartered in Belgium with regional offices in Asia, Europe and the Middle East. | $26M | Series B | Nov 10, 2021 |  |
| Ziina | Ziina is a financial technology platform that offers digital payment and money transfer services for consumers, freelancers, and businesses in the UAE. Its services include peer-to-peer transfers, payment links, QR code payments, Tap to Pay functionality, digital wallets, and payment gateway tools for online businesses. | $7.5M | Seed | Jun 07, 2021 |  |
| NymCard | NymCard is a full-stack, API-first embedded finance platform that provides payment infrastructure for banks, fintechs, enterprises, and telecom providers. The platform enables seamless card issuance, transaction processing, digital lending, and real-time money movement through its proprietary nCore system. Operating across multiple countries,NymCard owns its processing and switching technology, offering greater control and flexibility without reliance on third-party providers.The company is licensed by the Central Bank of the UAE, ensuring compliance with financial regulations while helping institutions scale their financial services. By integrating with global and regional payment networks, NymCard supports businesses in launching and managing payment products efficiently. | $7.6M | Series A | Jan 31, 2021 |  |
| Ziina | Ziina is a financial technology platform that offers digital payment and money transfer services for consumers, freelancers, and businesses in the UAE. Its services include peer-to-peer transfers, payment links, QR code payments, Tap to Pay functionality, digital wallets, and payment gateway tools for online businesses. |  | Seed | Jan 19, 2021 |  |
| eMushrif | eMushrif is bringing IoT technology to school buses enabling automatic attendance marking, visual child check system and detection system to ensure no child left on the school bus. The system also provides school admins and parents with mobile apps to track buses and kids along with important notifications. | $2.3M | Series A | Dec 09, 2020 |  |

10 of 16 investments shown.

## Co-investors
- [Endeavor Catalyst](https://shizune.co/investors/profile/endeavor-catalyst) — VC Fund, 5 deals together
- [Arzan Venture Capital](https://shizune.co/investors/profile/arzan-venture-capital) — VC Fund, 4 deals together
- [BECO Capital](https://shizune.co/investors/profile/beco-capital) — VC Fund, 3 deals together
- [Sawari Ventures](https://shizune.co/investors/profile/sawari-ventures) — VC Fund, 3 deals together
- [Shorooq Partners](https://shizune.co/investors/profile/shorooq-partners) — VC Fund, 3 deals together
- [Vostok Ventures](https://shizune.co/investors/profile/vostok-ventures) — VC Fund, 3 deals together

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## FAQ

### What does otf Jasoor Ventures invest in?

otf Jasoor Ventures invests primarily in Logistics, B2B and FinTech startups, most often at Seed and Series A stage. Most of the 16 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 otf Jasoor Ventures's check size?

otf Jasoor Ventures typically joins rounds of $2M–$7.5M at Seed, $2.3M–$37M at Series A and $26M–$42M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds otf Jasoor Ventures participates in.

### When did otf Jasoor Ventures last invest?

The most recent investment recorded for otf Jasoor Ventures closed in Sep 2022. Shizune tracks 16 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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