Dubai-Based Investment Platform Stryde Acquires Angel Network Qora71
Dubai-based investment platform Stryde has acquired Qora71, an angel syndicate supported by Hub71 in Abu Dhabi. Rebranded as Stryde71, the new arm gives investors expanded access to VC opportunities.
Jun 24, 2025
Stryde, a digital investment platform regulated by the Dubai Financial Services Authority (DFSA), has acquired Qora71, a Hub71-backed angel investor network based in Abu Dhabi. The network has now been relaunched as Stryde71, allowing broader participation in venture capital deals for both retail and qualified investors.
Originally founded with support from Hub71's Angel Investor Support Programme, Qora71 built a community of over 130 active angels and deployed more than $2 million across 50 early-stage startup investments in under six months.
Through its acquisition, Stryde is integrating Qora71's syndication model into its broader private market offerings, enabling end-to-end access to global startup deal flow. The new Stryde71 platform offers co-investment opportunities to individuals previously locked out of VC markets, supporting deal discovery, due diligence, and execution. Qora71 founder Youssef Salem has joined Stryde as Partner, with plans to scale the angel investing model across multiple markets.
'Qora71 was born out of a desire to give exceptional founders access to meaningful capital, connectivity, and market access, all powered by a community of strategic angels. In five short months, we proved that vision. Now with Stryde, we can scale that impact exponentially,' Salem said.
Stryde71 joins other verticals under the Stryde umbrella, including Stryde Sports, with additional sectors currently under development. ith this integration, Stryde71 aims to transform startup investing into a more accessible, transparent, and scalable experience—reinforcing the UAE's position as a rising global hub for innovation and private capital.
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