{"id":621951,"date":"2018-11-22T04:22:21","date_gmt":"2018-11-22T04:22:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/algebra-ventures-joins-usd-16-mn-series-c-funding-for-the-uaes-holidayme\/"},"modified":"2018-11-22T04:22:21","modified_gmt":"2018-11-22T04:22:21","slug":"algebra-ventures-joins-usd-16-mn-series-c-funding-for-the-uaes-holidayme","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/algebra-ventures-joins-usd-16-mn-series-c-funding-for-the-uaes-holidayme\/","title":{"rendered":"Algebra Ventures joins USD 16 mn series \u2018C\u2019 funding for the UAE\u2019s HolidayMe"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>INVESTMENT WATCH- Algebra Ventures joins USD 16 mn series \u2018C\u2019 funding for the UAE\u2019s HolidayMe: <\/strong>Our friends at <a href=\"https:\/\/algebraventures.com\/\">Algebra Ventures<\/a> joined a USD 16 mn series \u2018C\u2019 funding round for Dubai-based HolidayMe, the <a href=\"https:\/\/ent.news\/2018\/11\/1192.pdf\">firm said in a statement (pdf)<\/a>. Algebra invested alongside Gobi Partners, Accel Partners, and Global Ventures. Four-year-old <a href=\"https:\/\/www.holidayme.com\/\">HolidayMe<\/a> is an online platform offering travel solutions and customized holidays targeting customers in the Middle East and North Africa. HolidayMe reported sharp growth in both transactions and gross merchandise value on its platform. \u201cHolidayMe has developed a leadership position in the large and fast-growing Muslim travel online market. The team has the vision, domain experience and capabilities to become the global leader in that market,\u201d said Algebra Ventures Managing Partner Tarek Assaad. \u201cWe are delighted to join our co-investors, who are global leaders in venture investing, in supporting HolidayMe to achieve that goal,\u201d he added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>INVESTMENT WATCH- Algebra Ventures joins USD 16 mn series \u2018C\u2019 funding for the UAE\u2019s HolidayMe: Our friends at Algebra Ventures joined a USD 16 mn series \u2018C\u2019 funding round for Dubai-based HolidayMe, the firm said in a statement (pdf). Algebra invested alongside Gobi Partners, Accel Partners, and Global Ventures. Four-year-old HolidayMe is an online platform [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[398,3057,72,7087,11924,125,2380,123,238,234],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-621951","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-algebra-ventures","tag-angel-investment","tag-enterpriseam","tag-finance","tag-holidayme","tag-investment-watch","tag-speed-round","tag-startups","tag-tourism","tag-travel","wpautop","entry"],"acf":{"mongo_id":"d2d3133e-1def-4441-9f98-b98e3cca28f4","order":"0","is_powered_by":true,"section_story_id":"8fec468b-4add-4204-b6cf-7f453173fbe7","story_type":"1","photo_url":"","photo_position":"above","related_issue":[621939],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Algebra Ventures joins USD 16 mn series \u2018C\u2019 funding for the UAE\u2019s HolidayMe - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/algebra-ventures-joins-usd-16-mn-series-c-funding-for-the-uaes-holidayme\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Algebra Ventures joins USD 16 mn series \u2018C\u2019 funding for the UAE\u2019s HolidayMe\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Algebra Ventures joins USD 16 mn series \u2018C\u2019 funding for the UAE\u2019s HolidayMe: Our friends at Algebra Ventures joined a USD 16 mn series \u2018C\u2019 funding round for Dubai-based HolidayMe, the firm said in a statement (pdf). Algebra invested alongside Gobi Partners, Accel Partners, and Global Ventures. 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