How to apply to Algebra Ventures as an African founder

TL;DR

Algebra Ventures invests in sector-agnostic companies at Seed, Series A, and Series B+, writes cheques of $500K – $5M, and takes applications through a direct online application.

Who Algebra Ventures is

Algebra Ventures is a Pan-African investor headquartered in Cairo, expanding into Morocco, Nigeria, East Africa. The fund describes its mandate as sector-agnostic. The thesis, in the fund's own words: supporting entrepreneurs to improve people's lives at scale

On the ground, Algebra Ventures operates as a Seed, Series A, and Series B+ investor with an Africa focus described as "Yes - Egypt-based, Africa-focused (expanding pan-African)". The fund's managing partner is Tarek Assaad, alongside Karim Hussein (Managing Partner) and Laila Hassan (Managing Partner (promoted 2025)).

What they invest in

Stages: Seed, Series A, and Series B+
Sectors: Sector-agnostic. The fund calls itself sector-agnostic, but its actual portfolio tells a more concentrated story: 32% of classified portfolio companies are in Fintech, and 25% are in E-commerce.
Cheque size: $500K – $5M
Geography focus: Pan-African / Yes - Egypt-based, Africa-focused (expanding pan-African)

How to apply

Apply directly at https://algebraventures.com/contact. That link is the fund's own application channel, listed in their Trampoline entry as of 2026-07-24. Fill out whatever the form asks for completely: skipped fields read as a rushed application, and a rushed application is an easy first-pass reject at any fund fielding more submissions than it can meaningfully review.

Portfolio pattern

Algebra Ventures's portfolio, as listed in their Trampoline fund page, includes:

Blnk (Egypt): Point-of-sale consumer financing, $37M total ($12.5M Series A led by Algebra)
Sylndr (Egypt): Used car e-commerce marketplace, $15.7M Series A (2025), $12.6M (2022), $7.5M (2024)
Cartona (Egypt): B2B marketplace connecting retailers with distributors, $8.1M round
Connect Money (Egypt): Embedded finance and banking-as-a-service, $8M Seed
Octane (Egypt): Digital fleet payments and vehicle expense wallet, $5.2M round

That spread gives you a sense of what a real check from Algebra Ventures has funded, not just what the thesis claims it funds.

Before you apply

Have these ready before you reach out:

Deck: Check your readiness first so you know where the gaps are
Metrics dashboard: Set up your metrics dashboard so you can show real traction, not slides
Cap table
A one-line description of what your company does

FAQ

Does Algebra Ventures have a sector focus?

Algebra Ventures describes its mandate as sector-agnostic, meaning it does not restrict itself to a fixed list of sectors.

What stage does Algebra Ventures typically write cheques at?

Algebra Ventures invests at Seed, Series A, and Series B+, with cheque sizes of $500K – $5M.

Do you need a warm intro to apply to Algebra Ventures?

No. Algebra Ventures takes applications through a form on their website, so a warm intro is not required to apply, though it can still help your submission stand out.

Does Algebra Ventures invest outside Pan-African?

Algebra Ventures's Africa focus is described as "Yes - Egypt-based, Africa-focused (expanding pan-African)". Check the full fund profile for the exact geographic boundaries before you apply.

Is Algebra Ventures a remote or in-person fund?

Algebra Ventures's format is listed as In-Person / Hybrid (direct equity investment, not an accelerator).