Stryde has acquired Qora71, the angel investment network launched with support from Hub71, and will relaunch it as Stryde71, a new vertical within its DFSA-regulated platform focused on venture capital and startup deal syndication.
Founded earlier this year by Youssef Salem, Qora71 built a digitally enabled angel network from scratch, onboarding over 130 investors, completing 50+ deals, and deploying more than $2 million in capital in under five months. The acquisition marks Stryde’s formal entry into venture capital and expands its multi-vertical private markets platform.
Stryde71 will combine Qora71’s syndicate-led investment model with Stryde’s end-to-end infrastructure, enabling both qualified and retail investors to co-invest in early- and growth-stage startup deals. For founders, the new vertical offers a single, regulated platform to raise capital — from pre-seed through scale.
“Bringing Qora71 into the Stryde family is a major milestone,” said Hadi Halabi, Co-founder of Stryde. “Yousef’s leadership and what Qora71 built at Hub71 in record time is nothing short of inspirational. Together, we’re unlocking the next generation of startup investing in the region and globally.”
Youssef Salem, who now joins Stryde as Partner, added: “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.”
Basma Ahmed AlBadi AlDhaheri, Head of Value Creation at Hub71, said: Through Qora71, we supported early-stage investors and catalyzed meaningful outcomes, facilitating capital deployment into high-potential startups and accelerating their growth. The launch of Stryde71 is a natural next step. It reflects not only the success of the initiative, but also the collective progress of our community and our broader mission to strengthen Abu Dhabi’s capital landscape.”
