Profile
Tarek Assaad is Managing Partner at Algebra Ventures, Egypt’s leading VC fund.
Tarek is also Managing Partner at Ideavelopers where he has been managing $50m of VC investments since 2009, including some of Egypt’s most prominent technology startups.
Tarek is a director of Smart Card Applications, SiWare and IdealRatings.
In this role, he was also responsible for the investment in Fawry, the leading bill payment and presentment company in Egypt, which realized a $100m exit in 2015.
Tarek started his career as an engineer at Lucent Technologies then as a software developer for SAQQARA Systems, an internet startup in Silicon Valley.
He later became General Manager of CID Consulting where he led the company’s high growth, helping it to become one of the leading local consulting firms in Egypt.
Tarek holds a B.Sc.
in Electronics and Communication Engineering from Ain Shams University in Cairo and an MBA from Stanford Graduate School of Business.
Tarek Assaad active positions
Companies | Position | Start |
---|---|---|
Ideavelopers
Ideavelopers Investment ManagersFinance Ideavelopers (Ideavelopers) is a venture capital subsidiary of EFG-Hermes Private Equity founded in 2004. The firm is headquartered in Cairo, Egypt. | Private Equity Investor | 01/11/2009 |
Algebra Ventures
Algebra Ventures Investment ManagersFinance Algebra Ventures (Algebra Ventures) is a venture capital firm founded in 2016 by Ziad Mokhtar. The firm is headquartered in Cairo, Egypt. | Private Equity Investor | 01/10/2016 |
Former positions of Tarek Assaad
Companies | Position | End |
---|---|---|
CiD Consulting SASU | Corporate Officer/Principal | 31/10/2009 |
Training of Tarek Assaad
Ain Shams University | Undergraduate Degree |
Stanford Graduate School of Business | Masters Business Admin |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
Private companies | 3 |
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Ideavelopers
Ideavelopers Investment ManagersFinance Ideavelopers (Ideavelopers) is a venture capital subsidiary of EFG-Hermes Private Equity founded in 2004. The firm is headquartered in Cairo, Egypt. | Finance |
Algebra Ventures
Algebra Ventures Investment ManagersFinance Algebra Ventures (Algebra Ventures) is a venture capital firm founded in 2016 by Ziad Mokhtar. The firm is headquartered in Cairo, Egypt. | Finance |
CiD Consulting SASU |
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