• FoundedJuly 2013
  • HeadquartersUnited Arab Emirates
  • FundingLess than $1 Million
  • Sector-FocusGeneralist
  • Stage-FocusSeed, Early
  • SecuritiesEquity


Eureeca is a global online crowdinvesting platform. It launched initially in Dubai, UAE and is the first equity platform to launch in the Middle East when it emerged from beta in May 2013.

While initially focused on the MENA region, Eureeca is unique in that it’s built a regulatory construct that will allow it to support businesses in all geographies. To-date, it’s had businesses launch funding campaigns from Jordan, UAE and Egypt. Similarly, it allows investors in a large number of countries to participate including UAE, Jordan, Singapore, Italy, Norway, Japan and the UK.

Since inception, Eureeca has raised $735,000 for six companies. In these first six deals the average number of investors has been 29, with an average investment of around $5,000. The platform has registered more than 4,000 users.

Deal Flow

Eureeca is a Generalist platform, and accepts applications from companies in all industries. The ideal business is 1-3 years old and has existing revenues. (Post idea-stage.) It’s early deals have been heavily concentrated in the Middle East.


Fee Structure


Pay a one-time compliance cost ranging between $15 – $50 depending on country of origin. This is paid directly to a third party compliance firm which checks to ensure users meet Eureeca’s criteria for investment.


Pay nothing to apply. If approved to list on Eureeca, Issuers pay the following fees:

  • Issuer compliance check: $250
  • Refundable Deposit: 0.5% of the funding target
  • Success Fee: 7.25% (original deposit of .5% + 6.75%)

Executive Team

Christopher Thomas

Co-Founder, CEO

Chris has over 10 years experience in setting up and running businesses. He exited his last major business, an FSA regulated online brokerage with 60 staff in 12 countries, in 2010. He has provided various angel investments owning 2 online businesses and a property company in Brazil.

Sam Quawasmi

Co-Founder, Managing Director

Sam has 14 years experience working for international investment banks in London as well as regional investment banks in Dubai. Prior to founding Eureeca, he was Director for MENA equities at Arqaam Capital, and was Vice president of Equity Capital Markets at SHUAA Capital before that.


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October 29, 2013

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