Propeller Inc.

Propeller Inc. is a Jordan-based accelerator and early-stage venture capital firm that focuses on building well-designed, venture-ready companies addressing regional challenges through technology. Established in 2017, Propeller aims to empower entrepreneurs by providing funding, mentorship, and a collaborative environment to foster innovation and growth. The firm has made 22 investments, with its latest in Corgea as part of their Seed VC - II on November 6, 2024. The firm's investment strategy emphasizes software and technology startups, including sectors such as Artificial Intelligence, HealthTech, and FinTech. Propeller's average investment size ranges between $150,000 and $250,000, targeting pre-seed and seed-stage companies. The firm has a diverse geographical focus, investing in startups across the Middle East and North Africa (MENA) region, including countries like Saudi Arabia, Egypt, and the United Arab Emirates. Propeller's portfolio includes a variety of startups across different industries, reflecting its commitment to supporting innovative solutions in sectors such as E-commerce, EdTech, and Logistics. The firm has a track record of successful investments, with several portfolio companies achieving follow-on funding and market success. Propeller's approach combines financial support with strategic guidance, leveraging its network and expertise to help startups scale and succeed in competitive markets.

Technology-driven solutions, Scalable business models, Strong founding teams, Addressing regional challenges, Potential for significant impact