The 20 Most Promising Egyptian Start-ups

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1- Instabug: It was founded by Moataz Soliman and Omar Gabr in 2013. Instabug gives app developers a tool to help them detect software glitches. Its customers include Yahoo, PayPal, Soundcloud, and Souq. In June 2016, Instabug founders raised $1.7 million in seed funding from Palo Alto, California-based VC Accel Partners, and prominent angel investors, such as Egyptian entrepreneur Amr Awadallah.

2- Yaoota: It was founded by Sherif El-Rakabawy and Mohamed Ewisin 2014. Sherif El-Rakabawy came up with the idea for a price comparison tool for online shoppers while at the University of California at Berkeley in 2009. He teamed up with high school friend, Mohamed Ewis, a mechanical engineer with an MBA from INSEAD, to launch Yaoota in 2014.

3- Wuzzuf: It was founded by Ameer Sherif in 2011. Wuzzuf matches jobs with people. More than 5,000 companies have recruited some 60,000 individuals through the site. Last year, it raised $1.7 million in a series A round from European and Silicon Valley venture capitalists, one of the largest in Egypt.

4- Diwan Videos: It was founded by Ossama Youssed in 2010. Osama Youssef, 37, graduated with a master’s in translation in 2007 from Al-Azhar University. In 2009, he decided not to pursue PhD studies at the University of California, Santa Barbara after seeing the rise of YouTube, and became one of the video-sharing website’s early partners in the Middle East.

5- Veezeta: It was founded by Amir Barsoum and Ahmed Badr in 2012. Amir Barsoum was a manager for the Middle East and North Africa at pharmaceuticals company AstraZeneca, when he teamed up with Ahmed Badr, who worked at an IT consulting firm. They formed Vezeeta, a platform that is similar to ZocDoc in the U.S.  It allows patients to make an appointment with a doctor online, potentially generating more revenue for physicians

6- Elves: It was founded by Karim Elsahy, Abeer Elsisy, Kareem Diaa, Khaled Gomma and Abdel Rahman Zohiery in 2016. Before founding Elves, they formed Konnecti, which matches businesses with customers in the U.S. With Elves, a customer anywhere in the world can request a service via text message to one of 16 Elves employees who act as concierge, fetching tickets to a concert, or making restaurant reservations.

7- Aqarmap: It was founded by Amad Al-Msaodi in 2011. Aqarmap has sold through its website more than 11,000 properties worth upwards of $700 million in Egypt and Saudi Arabia. Yemeni-American Amad Almsaodi was a project manager in charge of e-commerce at Boeing in Seattle, where he graduated with a B.A. in Information Systems from the University of Washington.
He decided to set up business in Egypt because of lower operating costs and an abundance of talent.

8- Eventtus: It was founded by Mai Medhat and Nihal Fares in 2012. Mai Medhat and Nihal Fares founded Eventtus to facilitate the-20-most-promising-egyptian-start3networking at events, such as TEDx and ArabNet. Event organisers can also sell tickets, send notifications to attendees, and post agenda changes, all on one platform.

9- MoviePigs: It was founded by Perihan Abouzeid and Hany El-Kerdany in 2015. MoviePigs is a combination of movie streaming service Netflix and KickStarter, the crowdfunding platform for creative projects. Movie buffs from all over the world can fund or watch independent Arabic films. Subscribers pay $6.99 a month.

10- Edfa3ly: It was founded by Mohamed Attya, Mohamed Hisham and Ahmed Mohamed in 2011. Want to buy a button-down shirt from Brooks Brothers in the U.S., or a Burberry trench coat straight from Burberry’s? Customers in Egypt pay Edfa3ly, which facilitates the ordering and shipping.the-20-most-promising-egyptian-start2

11- Zee3: It was founded by Sherif Hossny in 2012. Zee3 started as a social project, with Sherif Hossny videotaping in an ambulatory booth interviews with ordinary Egyptian citizens. Since 2015, Zee3 has showcased more than 400 individuals in 25 cities, in search of a star. Hossny, who has raised $1.6 million, posts these amateur performances on his website, which has racked up so far 25 million views.

12-Chaino: It was founded by Ali Zewail and Mohamed Nar in 2015. Ali Zewail, who managed an IT firm in Cairo, teamed up with Mohamed Nar, a software developer who has been programmeing for the last 30 years. Their networking app allows users to segment their social life online by posting content based on relationships with friends, family or colleagues. Chaino has raised $1.3 million, mainly from angel investors. It has 35,000 registered users.

13-Biodiesel Misr: It was founded by Mahmoud Abou Elrokab, Ismail Zaher and Motaz Elewa in 2013. Mahmoud Abou Elrokab came up with idea for his startup when he noticed that a gas station in the U.K. also offered biodiesel. He sells it to petroleum companies, which blend it with diesel fuel. Abou Elrokab, who’s also a sports commentator for Abu Dhabi Media, says he produces 600 metric tons of biodiesel a month.

14-Mumm: It was founded by Waleed Abdel Rahman in 2015. He got the idea while living in Beirut, where he spent too much money on restaurants and craved homemade meals. The startup connects home cooks with customers. It has six cooks so far in its network. Meals cost on average $3 to $5, and Mumm pockets up to one-third of the bill. It claims to deliver orders within 90 minutes.

15-El-wafeyat: It was founded by Yousef El-Sammaa, Nesma ElFar, Con O’Donnell, Omar Hamdalla and Ashraf Maklad in 2013. Experience with personal loss prompted them to find a way to notify relatives and friends of a passing. Apart from publishing obituaries, El-Wafeyat allows people to pay their respects by posting condolences. Hamdalla, El-Sammaa and El-Far run day-to-day operations; O’Donnell and Maklad serve as advisers.

16-Nafham: It was founded by Mostafa Farahat, Ahmed Alfi and Muhammad Habib in 2012. Nafham provides free crowdsourced educational videos that follow the public curriculum, and connects teachers with students who are seeking tutors. The platform has over 23,000 videos and 500,000 monthly unique users. It earns revenue through ads from customers, such as the American University of Cairo, but plans to add a premium subscription service.

17-Tagaddod: Founded by Nour El-Assal, Ahmed Raafat and Mariam Afifi in 2013. It completed its production facility in 2015. The company says it plans to produce 5,000 metric tons of biodiesel per month in four years, up from 100 metric tons a month currently.

18-Feloosy: Founded by Karim Beltaji and Aly Kouchouk in 2015. Customers can create an account managed by Feloosy based on their financial goals and risk profile.

19-Taskty: It was founded by Ahmed Galal Arara, Ahmed Atef Abdelmoaty and Ibrahim Abdeen in 2012. Tanta-based Taskty provides a professional service by listing, for example, prices and offering house-cleaning packages. If a customer is not satisfied, Taskty returns the money or redoes the job.

20-IFix: Founded by Mohamed Fayez and Omar Galal in 2015. IFix’s technicians will repair a broken smartphone at a customer’s residence or office, typically in less than one hour. Mohamed Fayez says that eases worries about data privacy. Services are backed by a lifetime warranty.


 

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