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Joy Ajlouny
Founded and exited two startups, Raised over $100 Million in VC Funding, Named #1 Female Founder in the Middle East.
Joy Ajlouny is a prominent entrepreneur, investor, and advisor who has made significant contributions to the tech and e-commerce industries in the Middle East and globally.14 She co-founded Fetchr, a Silicon Valley-backed logistics technology company, in 2015 to address the "no address" problem in Middle Eastern markets.23
As co-founder and Chief Marketing Officer (CMO) of Fetchr, Ajlouny played a crucial role in raising substantial venture capital funding. The company secured $11 million in initial funding and $41 million in a Series B round in 2017.24 Under her leadership, Fetchr expanded to operate in five countries with over 3,500 employees and was recognized as the top startup in the Middle East by Forbes.2
Prior to Fetchr, Ajlouny founded Bonfaire, an e-commerce luxury fashion platform that was acquired by Moda Operandi in 2013.12 Her success in raising venture capital is particularly noteworthy, as she has raised over $100 million throughout her career, a significant achievement given that less than 3% of venture capital funding typically goes to women-led startups.24
Ajlouny's accomplishments have earned her recognition as one of the most influential businesswomen in the Middle East. She has been featured on various prestigious lists, including Forbes Middle East's 100 Most Powerful Arab Businesswomen and Arabian Business' 100 Most Powerful Arab Women.1
In 2019, Ajlouny left her role at Fetchr to focus on mentoring and funding innovative entrepreneurs.45 She continues to be an influential figure in the startup ecosystem, known for her expertise in emotional marketing, fundraising, and empowering female entrepreneurs.12