Christos Mastoras

Venture Capital at Iliad Partners

📍 Dubai, United Arab Emirates🔄 Updated September 2026💼 8 investments📅 14 years investing🗓 Last invested Jan 2026𝕏 @upgrade_to_unlock
VC🌍 United Arab Emirates
8
Total investments
3
Early stage
5
Mid stage
0
Late stage
14y
Years active

Portfolio

8 investments · sorted by recency
All investments
Early stage
Mid stage
Late stage
Board Member
2026
Comfi helps B2B businesses in the UAE get paid faster. We offer B2B Buy Now Pay Later service for SMEs, that turns your outstanding revenue into immediate working capital — in hours, not weeks. No collateral. No lengthy paperwork. Just faster cash flow so you can pay suppliers, take on bigger orders, and grow without waiting 30, 60, or 90 days for customers to pay. Trusted by 1,000+ SMEs across F&B, electronics, trading, and more.
Board Observer
2024
AI-Powered Procurement Penny is a cloud-based Source-To-Pay solution. It is a modular system that is quick to implement and easy to use. Penny helps you digitize and manage your entire procurement cycle from Purchase Requisitions, Approvals, RFQs, RFP, RFIs, quotations/proposals gathering comparison and analysis, POs, GRN, and even payments. Along with vendor, contract, spend, and budget management modules. You can track your procurement in full, extract reports, and analysis. Penny Software is so easy that everyone on your team will love using it.
Founding Board Member
2024
The Hellenic Business Council (HBC), licensed by the Dubai Chamber of Commerce, was officially established in February 2024 to promote economic cooperation between Dubai and Greece. The Council aims to deepen trade relations, foster business opportunities, and support the Greek business community in the UAE. The first annual general meeting of the HBC took place in February, 2024 with key figures including His Excellency Antonios Alexandridis, Ambassador of the Hellenic Republic to the UAE, and His Excellency Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, in attendance. The meeting focused on electing the council’s Board and a discussion on the strategic direction of the HBC. The elected Board members of the HBC are as follows: -Karvelis Thanos (Chairman) -Papachristou Christos (Vice-Chairman) -Petras Giannis (Secretary General) -Assimakopoulos Ilias -Kotios Chronis -Mastoras Christos -Moulinou Sophia -Mylonas Apostolos -Tsoulos Sotiris The HBC is poised to play an essential role in enhancing bilateral business and trade, offering a platform to enhance the presence of the Greek business community in Dubai, and facilitating networking opportunities. This collaborative effort aims to strengthen the economic and cultural ties between the two nations, facilitating further economic cooperation and fostering a thriving environment for trade and investment. For details regarding membership of the Hellenic Business Council please contact HBCs Secretary General, Giannis Petras, via email at info@hbc-dubai.org. Further information on the HBC’s initiatives and event schedule will be published in the near future. Thanos Karvelis, Chairman
Board Observer
2020
At OSeven, we envisage a world with zero traffic accidents, and we are here to make it real, one mile at a time! We are a VC backed company and member of the Endeavor global network, providing pioneering smartphone telematics and driving behavior analytics, for leading insurance and automotive companies around the globe. Our world class AI-enabled, Big Data analytics platform, analyzes data collected from different sources (smartphone, OBD, connected cars etc.) which can determine the driving risk and different mobility patterns. Leveraging advanced Machine Learning, we achieve with great accuracy the detection of several risk factors including aggressive braking & acceleration events, speed limit violations and mobile use while driving. On top of cutting-edge telematics, our solution, the first of its kind globally, offers advanced gamification and loyalty reward schemes to motivate safer and more eco behaviors within a mutually beneficial ecosystem. Our scoring model, trusted and validated by leading multinational brands in the insurance and automotive industry, is based on over 25 years of acknowledged research of our award-winning transportation and driving behavior engineering team. Through our solution, our clients are enabled to grow their customer portfolio appealing the safest drivers with discounts and rewards, reduce their claims costs by up to 40% and improve drivers’ performance by 15% on average. We are passionate dedicated experts on a race to disrupt global mobility and the insurance industry, and to introduce driving awareness to the society as a new term in the coming years.
Board Observer
2019
TruKKer is a Digital Freight Network that integrates Demand & Supply for multimodal freight services. The network is built on real-time data analytics that creates reliability, transparency, and utilization based savings for Shippers and thousands of transporters. The network’s rapid growth and scale is creating multiple opportunities through data monetization and consolidated procurement
Board Member
2018
The Middle East Venture Capital Association (MEVCA) aims to serve the Middle East’s entrepreneurial and investment community through a concerted effort to advance the region’s venture capital industry and greater entrepreneurial ecosystem, by raising awareness about venture capital and through educational programs, seminars, and events. As a forum for the regular exchange of experiences and ideas among the venture community, MEVCA serves as both a unified voice of the regional investment community, and as an advocate for venture-backed companies.
Investor
2016
Founded in 2012, with a cloud technology platform and digital-only approach, Fetchr was born to disrupt the traditional supply chain model. Fetchr understands what it takes to succeed in the rapidly changing digital world we operate in today. That’s why our positioning, predictive and machine learning technologies are so uniquely equipped to meet the transport and shipping demands of the generations. Agility, flexibility, reliability and service customization are part of the Fetchr DNA. Joining the Fetchr logistics family ensures a seamless brand experience throughout the customer journey. Your brand is our brand. Your customer is our customer. Fetchr has you covered for all of your domestic or cross border shipments. Pickup, delivery and return services. Fast, efficient and customer-focused.
Co-Founder, Seed Investor & Board Member
Jan 2012
GlamBox is the leading online beauty subscription service in GCC that helps beauty brands to reach their core customers effectively and impactfully. We have a large and highly engaged community of beauty-savvy subscribers from across the United Arab Emirates and Saudi Arabia. Each month subscribers receive an eclectic mix of 4+ trendy beauty products to experience. In addition, every GlamBox includes a number of special offers and discounts to support our offering of helping women experience the best in the world of beauty and lifestyle. If you're a beauty brand looking for a unique and effective way to reach your ideal consumer, then please get in touch!
early stageCosmetics
Experience · 14 entries
All (14)
Investments (7)
Founder (3)
Board (6)
2026
Board Member
2026
Comfi helps B2B businesses in the UAE get paid faster. We offer B2B Buy Now Pay Later service for SMEs, that turns your outstanding revenue into immediate working capital — in hours, not weeks. No collateral. No lengthy paperwork. Just faster cash flow so you can pay suppliers, take on bigger orders, and grow without waiting 30, 60, or 90 days for customers to pay. Trusted by 1,000+ SMEs across F&B, electronics, trading, and more.
2024
Board Observer
2024
AI-Powered Procurement Penny is a cloud-based Source-To-Pay solution. It is a modular system that is quick to implement and easy to use. Penny helps you digitize and manage your entire procurement cycle from Purchase Requisitions, Approvals, RFQs, RFP, RFIs, quotations/proposals gathering comparison and analysis, POs, GRN, and even payments. Along with vendor, contract, spend, and budget management modules. You can track your procurement in full, extract reports, and analysis. Penny Software is so easy that everyone on your team will love using it.
Founding Board Member
2024
The Hellenic Business Council (HBC), licensed by the Dubai Chamber of Commerce, was officially established in February 2024 to promote economic cooperation between Dubai and Greece. The Council aims to deepen trade relations, foster business opportunities, and support the Greek business community in the UAE. The first annual general meeting of the HBC took place in February, 2024 with key figures including His Excellency Antonios Alexandridis, Ambassador of the Hellenic Republic to the UAE, and His Excellency Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, in attendance. The meeting focused on electing the council’s Board and a discussion on the strategic direction of the HBC. The elected Board members of the HBC are as follows: -Karvelis Thanos (Chairman) -Papachristou Christos (Vice-Chairman) -Petras Giannis (Secretary General) -Assimakopoulos Ilias -Kotios Chronis -Mastoras Christos -Moulinou Sophia -Mylonas Apostolos -Tsoulos Sotiris The HBC is poised to play an essential role in enhancing bilateral business and trade, offering a platform to enhance the presence of the Greek business community in Dubai, and facilitating networking opportunities. This collaborative effort aims to strengthen the economic and cultural ties between the two nations, facilitating further economic cooperation and fostering a thriving environment for trade and investment. For details regarding membership of the Hellenic Business Council please contact HBCs Secretary General, Giannis Petras, via email at info@hbc-dubai.org. Further information on the HBC’s initiatives and event schedule will be published in the near future. Thanos Karvelis, Chairman
2020
Board Observer
2020
At OSeven, we envisage a world with zero traffic accidents, and we are here to make it real, one mile at a time! We are a VC backed company and member of the Endeavor global network, providing pioneering smartphone telematics and driving behavior analytics, for leading insurance and automotive companies around the globe. Our world class AI-enabled, Big Data analytics platform, analyzes data collected from different sources (smartphone, OBD, connected cars etc.) which can determine the driving risk and different mobility patterns. Leveraging advanced Machine Learning, we achieve with great accuracy the detection of several risk factors including aggressive braking & acceleration events, speed limit violations and mobile use while driving. On top of cutting-edge telematics, our solution, the first of its kind globally, offers advanced gamification and loyalty reward schemes to motivate safer and more eco behaviors within a mutually beneficial ecosystem. Our scoring model, trusted and validated by leading multinational brands in the insurance and automotive industry, is based on over 25 years of acknowledged research of our award-winning transportation and driving behavior engineering team. Through our solution, our clients are enabled to grow their customer portfolio appealing the safest drivers with discounts and rewards, reduce their claims costs by up to 40% and improve drivers’ performance by 15% on average. We are passionate dedicated experts on a race to disrupt global mobility and the insurance industry, and to introduce driving awareness to the society as a new term in the coming years.
2019
Board Observer
2019
TruKKer is a Digital Freight Network that integrates Demand & Supply for multimodal freight services. The network is built on real-time data analytics that creates reliability, transparency, and utilization based savings for Shippers and thousands of transporters. The network’s rapid growth and scale is creating multiple opportunities through data monetization and consolidated procurement
Show all 14 entries ↓
Investment activity
2012–2026 · 8 investments
20121201612018120191202012024220261
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