About Us
Early partners with founders on a mission to build the future.
The Firm
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. Since late 2016, we’ve invested in over 120 venture-backed portfolio companies across fintech, healthcare, consumer, enterprise software and deep tech as well as 40 emerging managers globally. The firm currently has over $234M in assets under management.
We are backed by over 120 Limited Partners (LPs) across two funds, two fund-of-funds and two SPVs. Our investors include leading multi-family offices, single family offices, royal families, c- level executives, ministers, ambassadors, fund-of-funds, foundations, hedge fund managers and other strategic investors across the US, Europe, and MENA region.
We actively manage Limited Partnership (LP) allocations into early stage emerging managers globally exposing us to over 1,000 venture-backed companies. We’ve backed emerging managers who were previous venture investors at prestigious firms such as Sequoia Capital, Lightspeed Ventures, NEA, Khosla Ventures, Kleiner Perkins among others.
Notable companies in our extended portfolio include: Robinhood, Didi, Savage X by Fenty, StockX, Figure, Reddit, Current, Jasper, Drata, Epic Games, FiscalNote among many others
Notable exits in our extended portfolio include: CrowdStrike (NASDAQ: CRWD), TruOptik acq. by Transunion (NYSE: TRU), Even Financial acq. by MoneyLion (NASDAQ: ML), Prodigy acq. by Upstart (NASDAQ: UPST), Portfolium acq. by Instructure (NYSE: INST), now a Thoma Bravo Company, among others.
The Team
Kyle Hendrick
Founder, Managing Director & General Partner
Omar Darwazah
Managing Director, General Partner & CFO
Upon co-founding AAF 6 years ago, Omar invested in close to 140 technology companies in the US, Europe, and MENA region across a multitude of different sectors alongside 70 blue-chip venture capital firms which manage over $1B.
Evan Hendrick
Senior Investment Associate
Evan joined AAF Management in 2016. Evan focuses on deal sourcing, research, and due diligence across all technology-driven sectors. Evan also assists on the firm’s fund to fund process where he monitors over 250 early stage VC’s & top tier angel investors.
Omar Allabadi
Investment Associate
Omar joined AAF Management in 2022. Omar is mainly responsible for screening and sourcing deal flow, research, and conducting due diligence.
Founder Testimonials
Andre Swanston
Founder & CEO of TruOptik
“AAF were early investors in TruOptik and were the first investors I went to when I thought about capital strategy. They were one of the few firms that participated in an essential bridge round that later resulted in a nine figure exit for the company.”
Andre Swanston
Founder & CEO of TruOptik (Acq. by TransUnion for $100M+)
Previous SVP Media & Entertainment Vertical at TransUnion
Eric Ly: CEO & Founder of KarmaCheck
Former Co-Founder & CTO at LinkedIn (acq. by MSFT $26B).
“AAF is one of our favorite investors. Kyle and Omar helped with customer introductions and were instrumental with investor introductions to raise our latest Series A round. I love that they are not prone to hype. Instead, they take the effort to understand teams and the fundamentals of their businesses and offer balanced views to founders. Because of their approach, they will end up being one of the top venture investors in the industry.”
Eric Ly
Founder & CEO KarmaCheck
Phil Rosen: CEO & Founder of Even Financial Former Co-Founder Orchard
(acq. by Kabbage)
“AAF were introduced to us before our seed round and were early supporters of Even Financial’s vision and team. They participated in the seed round and our subsequent corporate venture round alongside American Express Ventures. They were the investors on the cap table who initially introduced us to our Series A lead investor and I look forward to working with them on future financings and business expansion initiatives as we continue to scale our business.”
Phil Rosen
Founder & CEO Even Financial
Bryan Frist: CEO & Founder of Yoshi
“AAF have been fantastic investors for us. Initially, they were quick to understand our business and make a decision to invest in our seed round. Then they were immensely helpful later when we raised our Series A; everything from advice to getting on the phone with lead investors. They’ve also continued to help us keep a pulse on opportunities for expansion abroad, and have even brought numerous potential business development deals to the table.”
Bryan First
Founder & CEO of Yoshi
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.
Washington D.C | Abu Dhabi