early partners with founders on a mission to build the future
AAF Management Ltd.
Over the past 8 years
138+
Portfolio companies we backed
$27B
The combined equity value of our portfolio companies
$6.35B
Our companies have raised in aggregate
$4B
Growth capital raised after we initially invested
80+
Blue-Chip VCs with more than $1B in AUM have led rounds of financing in our companies
70
Unicorns we are exposed to
39
Unique Emerging Managers Backed
Our Companies in the Press
Our founders are regularly covered by world renown publications across various sectors. Some of our founders are even contributors and thought leaders on behalf of many of these publications
Featured Investments
Featured Exits
Flex Raises $70M in Series B1 Funding at $1.2B Valuation
Flex, the AI-native private banking platform for high-net-worth business owners in the middle market, has secured a $70M Series B1 round to power the launch of Flex Global, its new cross-border banking offering. The round was led by Halo Fund, the investment vehicle co-founded by Qualtrics founder and Utah Jazz and Utah Mammoth owner Ryan Smith alongside Accel general partner Ryan Sweeney.
The raise arrives only months after Flex closed a $60M Series B in December 2025, during which time annualized revenue has tripled. The business has now surpassed $10B in annualised total payment volume, expanding roughly 4x year-over-year at a nine-figure annualised revenue run rate.
AAF Management Ltd.
AAF Management Ltd. (AAF) is a leading early stage venture capital firm focused on Pre-Seed, Seed and Series A stage technology companies in North America as well as global emerging managers.Â
Washington D.C | Abu Dhabi
