Enhance Ventures
Industry Focus
Geographic Focus
Enhance Ventures is the venture studio pioneer in the MENAPT region (Middle East, North Africa, Pakistan, Turkey), specializing in building and investing in ventures for the future of finance and commerce. Founded in 2016, Enhance operates as an institutional co-founder, offering entrepreneurs comprehensive support through a tried-and-tested 51-step venture building methodology called 'the 51'. The studio follows a four-stage operational framework: ideation, validation, creation, and growth, taking ventures from concept to scale with minimal cost and time. Enhance has three core mandates: 1) Building and investing in ventures independently through their core venture studio, 2) Partnering with corporations and government entities through Enhance Innovation to build innovative ventures and venture studios using a Build-Operate-Transfer (BOT) model, and 3) Researching and generating intellectual property on the venture studio model including maintaining the Global Venture Studio Database (tracking 784+ venture studios worldwide) and moderating the Venture Studio Boot Camp. The studio acts as an institutional co-founder providing shared resources including venture architects, technology development, marketing support, human resources capabilities, talent database, seed and follow-on funding, and office space. Enhance is Saudi-first in its strategy with significant operations in Riyadh, special focus on UAE and GCC, technology center in Istanbul, and satellite offices in Cairo, Amman, and Beirut. As of June 2022, their capital-efficient model has generated an IRR of 72%.
2016
6 Companies
4
3X Higher