Waffarha secures seven-figure Seed round from VMS to expand technology and footprint into Saudi Arabia
Amount Raised
$1 Million
Round Type
Seed
CairoAdvertisingE CommerceLifestyleInvestors
Description
Egypt-based Fintech Waffarha has raised a seven-figure Seed round by Value Makers Studio (VMS). New funds will be deployed to double down Waffarha's technology stack, hiring new talent, and expanding its footprint into Saudi Arabia and beyond.
Quick answer
Waffarha raised $1 Million in a Seed round, dated April 22, 2024. Investors: Value Makers Studio (Vms). Waffarha is based in Cairo, Cairo, Egypt.
- How much did Waffarha raise?
- Waffarha raised $1 Million in a Seed round on April 22, 2024.
- Who invested in Waffarha?
- Value Makers Studio (Vms) is named as investors in this round.
- What does Waffarha do?
- Launched in October 2012, Waffarha.com is Egypt's No. 1 Group-buying website and mobile App.
- Where is Waffarha based and how big is it?
- Waffarha is based in Cairo, Cairo, Egypt.
- Who are the decision-makers at Waffarha?
- Fundz holds 1 contact at Waffarha. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Advertising and E Commerce around the same time
Companies in the same sectors as Waffarha that raised within 45 days of this round, from Fundz verified event records.
- PostPilot raised an undisclosed amount (Corporate Round) on June 5, 2024.
- Behavio raised $2.4M (Seed) on May 20, 2024.
- Laws of Motion raised $5M (Seed) on May 16, 2024.
- ellementry raised an undisclosed amount (Funding Round) on May 4, 2024.
- Culture Circle raised an undisclosed amount (Pre-Seed) on May 2, 2024.
- Homage raised an undisclosed amount on May 2, 2024.
Who to call at Waffarha, and when
A new round usually means Waffarha is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Waffarha raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Waffarha, from your own LinkedIn network
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Related People
Waffarha raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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