The Record · No. 026
Feras Jalbout
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baraka · Finance
A former Barclays and Standard Chartered banker betting first-time Gulf investors will start with commission-free fractional US stocks, a thesis that drew Peter Thiel's Valar Ventures into its first Middle East deal.
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Feras
Jalbout
Jalbout
A former Barclays and Standard Chartered banker betting first-time Gulf investors will start with commission-free fractional US stocks, a thesis that drew Peter Thiel's Valar Ventures into its first Middle East deal.
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Dubai of TomorrowNo. 026
baraka
Founded2020 · Dubai
Raised$20M Series A, 2022
US stocks and ETFs6,000+
BackersValar Ventures, Knollwood, Y Combinator
Compounding moves
2020 · Founded in Dubai by Feras Jalbout after years in banking and a family office
2021 · Launched app with Y Combinator backing and a $4M seed round
2022 · Closed $20M Series A led by Valar Ventures, the firm's first regional investment
2021 · Launched app with Y Combinator backing and a $4M seed round
2022 · Closed $20M Series A led by Valar Ventures, the firm's first regional investment
Backed byValar Ventures, Knollwood, Y Combinator
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