The UAE has become a thriving ecosystem for startups, attracting entrepreneurs and investors from around the world. With government support, strategic initiatives, and a business-friendly environment, the UAE has witnessed the rise of numerous innovative startups across various sectors. Let’s take a look at some of the top emerging startups in the UAE that are making waves in 2024.
1. Kitopi
Year Founded: 2018
HQ: Dubai
Size: 200+
Founders: Mohamad Ballout
Kitopi is a Dubai-based startup revolutionizing the food delivery industry with its cloud kitchen concept. By providing delivery-only services for restaurants, Kitopi enables brands to operate without a physical dining space, optimizing costs and expanding their reach. With over 75 cloud kitchens across multiple countries, Kitopi has secured significant funding to fuel its growth and reshape the food delivery landscape.
2. Cheelee
Year Founded: 2019
HQ: Dubai
Size: 51-200
Founders: Roman Alekseev, Ruslan Sharov, and Yuriy Kardonov
Cheelee is redefining social media engagement by offering users the opportunity to earn money simply by interacting with content. With innovative features like LEE tokens, smart feed algorithms, and a user-friendly interface, Cheelee has garnered millions of app downloads and received recognition for its unique approach to social media monetization.
3. FinFlx
Year Founded: 2021
HQ: Dubai
Size: 1-50
Founders: Matthieu Capelle, Amr Yussif, and Yazeed Erman
FinFlx is a fintech startup focusing on workplace savings plans for SMEs in the MENA region. Its digital platform simplifies the process of launching pension plans, offering comprehensive features for plan administration and investment management.
With advanced technology and user-friendly interfaces, FinFlx aims to revolutionize how businesses approach retirement benefits for their employees.
4. Okadoc
Year Founded: 2017
HQ: Dubai
Size: 51-200
Founders: Fodhil Benturquia
Okadoc is a health tech startup facilitating seamless patient-doctor interactions through its comprehensive platform. By allowing patients to book appointments online, consult doctors virtually, and manage their healthcare needs, Okadoc is reshaping the healthcare landscape in the UAE and Saudi Arabia. With substantial funding and strategic partnerships, Okadoc is poised for further growth and innovation in the digital health space.
5. Eyewa
Year Founded: 2017
HQ: Dubai
Size: 200+
Founders: Mehdi Oudghiri and Anass Boumediene
Eyewa is an online eyewear retailer offering a personalized shopping experience for contact lenses and glasses. With virtual try-on technology and a diverse product range, Eyewa stands out for its customer-centric approach and commitment to quality. Having secured significant funding, Eyewa continues to expand its product offerings and enhance the online eyewear shopping experience for its customers.
Conclusion:
The UAE’s startup ecosystem is thriving, with innovative companies reshaping industries and driving economic growth. The top emerging startups in the UAE are at the forefront of technological innovation, offering unique solutions and disrupting traditional business models. With government support and a conducive business environment, these startups are poised for continued success and growth in 2024 and beyond. Keep an eye on these startups as they continue to make waves in the UAE’s vibrant entrepreneurial landscape.