Speed Accelerator
VC Fund
Beirut, Lebanon
Speed Accelerator is a VC fund in Beirut focused on Apps and E-Commerce. Speed is a tech accelerator based out of the Beirut Digital District that empowers software startups to succeed and scale globally through a 3-month mentorship-driven program, $30,000 in funding, and a lifelong network of mentors and partners.The accelerator offers software startups $30,000 in financial support, an intensive 3-monthmentorship-driven program that includes in-house mentorship, mentorship from experts, workshops, access to a network of investors, and a free working space at BDD, in exchange for 5% equity in common shares. Startups also receive lifelong support from a network of 100+ local and international mentors, the opportunity to be sponsored by Speed for a 2-week immersion program in Silicon Valley in partnership with LebNet, technology perks worth $1M+ through the accelerator’s partnership with the Global Accelerator Network (GAN), and a fast-track referral to the 47 Techstars programs around the world.
- Total investments:
- 40
- Last investment:
- Lead investor:
- 100%
Last updated:
For AI agents: llms.txt
Industries Speed Accelerator invests in
Stages Speed Accelerator invests in
Countries Speed Accelerator invests in
Round sizes
Contacts
| Name | Phone | Socials | |
|---|---|---|---|
Round size
- Seed
- $30k–$500k
- Pre-Seed
- $30k–$500k
Investment Focus
Industry
- Apps 8 (20%)
- E-Commerce 8 (20%)
- Software 7 (18%)
- Internet 5 (13%)
- Education 4 (10%)
Stage
- Seed 27 (68%)
- Pre-Seed 13 (33%)
Country
- Lebanon 28 (70%)
- United States 3 (8%)
- United Arab Emirates 3 (8%)
- United Kingdom 2 (5%)
- Spain 1 (3%)
Team
| Name | Title | Investments | Links | |
|---|---|---|---|---|
Elsa Abi Raad
Operations Manager
|
Operations Manager | Total investments: 0 | Find email | |
Fares Samara
CTO & Program Manager
|
CTO & Program Manager | Total investments: 0 | Find email |
Investments
| Company | Description | Round | Links |
|---|---|---|---|
| Scriptofilm is an interactive platform that links scriptwriters and filmmakers to producers, investors, and buyers. | Seed / Sep 20, 2019 | ||
| PawPots is a pet service that offers real and healthy food made for dogs. It is designed with the perfect balance of protein, carbohydrates, and healthy oils which help build strong immunity. The company provides a healthy diet alternative for pets and an online platform for pet parents and vets. | Seed / Aug 01, 2019 | ||
| Sidelick is an online platform that connects pet parents to certified pet sitters around them. It aims to make pet parenting easy by enabling pet owners to browse through tens of reviewed pet sitters and dog walkers around them to find the best fit for their pets. | Seed / Aug 01, 2019 | ||
| Xilia is a platform connecting creative and digital agencies and freelancers to their clients in order to facilitate communication. It automates, optimizes, and centralize digital marketing strategy. | Seed / Aug 01, 2019 | ||
| Grappem builds a network of university students from all majors, trains them according to the highest standards of hospitality, and links them to clients through an online platform. Whether you are a student looking for a part-time hospitality job, or a business organizing an event and need a team, Grappem is the platform you need. | Seed / Aug 01, 2019 | ||
| SawaNsafer is an online platform that enables users to search and compare travel packages curated by local travel agencies. In using the platform, the users have to send their request with their destination. They will receive a lot of offers from multiple agencies and they have to choose their favorite offer then book their vacation using differentpayment methods. It helps in saving time, money, and stress of booking vacation. It was founded in 1997 and is headquartered in Beirut, Lebanon. | Seed / Aug 01, 2019 | ||
| Cabbis is a smartphone application made in Lebanon, for a better Lebanon. It allows you to order a cab with a few clicks. | $500K / Seed / Feb 01, 2018 | ||
| TeensWhoCode enables schools in MENA to teach computer science through an adaptive learning platform. All students are part of an online and offline community where they can find mentors and internship opportunities in tech startups. Once a year, students can join a 4-week summer camp in a nearby Arab city. | $150K / Seed / Feb 01, 2018 | ||
| CraveHome is a virtual kitchen for home cooks and food entrepreneurs. They operate a portfolio of both local and migrant food brands by food entrepreneurs, serving thus as an enabler in the food market by scale in the delivery and dine-in space. | Seed / Feb 01, 2018 | ||
| Drapp is a platform allowing formal and secured medical consultations between doctors and their patients through a smart chatbot integrated into Drapp messaging app. The app guides users through the whole conversation for a smooth and convenient experience. | Seed / Feb 01, 2018 | ||
| See all 40 investments → | |||
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FAQ
What does Speed Accelerator invest in?
Speed Accelerator invests primarily in Apps, E-Commerce and Software startups, most often at Seed and Pre-Seed stage. Most of the 40 investments tracked by Shizune back companies in Lebanon. The Investment Focus section breaks down every industry, stage and country in the portfolio.
What round sizes does Speed Accelerator invest in?
Speed Accelerator typically joins rounds of $30k–$500k at Seed and $30k–$500k at Pre-Seed. These are whole funding-round sizes, not Speed Accelerator's own check, which is rarely disclosed: the 10th–90th percentile of the confirmed public funding rounds Speed Accelerator took part in.
How do I contact Speed Accelerator?
Public channels for Speed Accelerator 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 Speed Accelerator?
The team at Speed Accelerator includes Elsa Abi Raad (Operations Manager) and Fares Samara (CTO & Program Manager). 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 Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
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