Keyper Secures $34 Million in Funding

by Kay Aloha Villamor in May 21st, 2024

Keyper, a Dubai, UAE-based proptech company that provides a real estate management platform, has raised $4 million in pre-Series A equity capital. The company has also received an additional $30 million in Shariah-compliant Sukuk financing. 


The equity round was led by prominent regional venture capital firms BECO Capital and Middle East Venture Partners (MEVP), with participation from existing investors Vivium Holding, Jabbar Group, Signature Developers, and new investors including Annex Investments, Pin Investment, and Al Qahtani Investment, among other strategic angels. 

The Shariah-compliant Sukuk financing was provided by global asset manager Franklin Templeton Investments (ME) Ltd., bringing Keyper's total capital raised to over $40 million. 

Founded in 2012, BECO Capital is an early-stage VC firm focused on MENA and beyond. Based in Dubai, United Arab Emirates, the firm provides growth capital and hands-on operational support for early-stage technology companies. 

MEVP is a Middle East-focused venture capital firm that invests in the early and growth stages of innovative technology companies in the Middle East region, with a focus on the GCC and Levant countries. MEVP has offices in Dubai, Beirut, Cairo, Bahrain, Riyadh, and Abu Dhabi, with more than USD 300 million in AUM. 

Franklin Templeton Investments (ME) Limited provides investment management services, offering asset management, financial advisory, equity, fixed income, mutual funds, and other related services to individuals and institutional investors worldwide. 

Keyper Use of Funds 

The new funds will be used to digitize the rental experience in the UAE and scale its innovative Rent Now, Pay Later (RNPL) solution.  

About Keyper 

Founded in 2021 by Omar Abu Innab and Walid Shihabi in 2022, Keyper provides a real estate portfolio management platform and property management service. Its digital solutions allow investors and property owners to automate daily tasks, monitor real estate portfolios, and access data-driven insights. The company offers portfolio monitoring solutions, real-time data, digital payments solutions, and more. Keyper was founded in 2021 and is based in Dubai, United Arab Emirates. 

Funding Details 

Company: Keyper 

Raised: $34.0M 

Round: Pre-Series A / Shariah-compliant Sukuk 

Funding Month: May 2024 

Lead Investors: BECO Capital, Middle East Venture Partners (MEVP), Franklin Templeton Investments (ME) Ltd 

Additional Investors: Vivium Holding, Jabbar Group, Signature Developers, Annex Investments, Pin Investment, Al Qahtani Investment 

Company Website: 

Software Category: Property Management 



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