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§ Private Profile · Cairo, Al Qahirah, Egypt
E-commerce platform for businesses to build online stores in Arabic and English without technical expertise, serving merchants in MENA.
ExpandCart is a Cairo, Egypt-based e-commerce platform that enables merchants to build and manage omnichannel online stores in Arabic and English without technical expertise. Founded in 2013 by Amr Shawqy, Sameh Nabil, and Yasser Seleem, the SaaS company provides customizable storefronts, integrated point of sale systems, and branded mobile applications. The platform primarily serves retailers operating across the Middle East and North Africa, with its main geographic markets including Saudi Arabia, Egypt, Kuwait, and the United Arab Emirates. To date, ExpandCart has facilitated $850 million in gross merchandise value while serving a customer base of more than 25,000 merchants across 40 countries. The company has raised $5.2 million in total funding, including a $2.7 million pre-Series B round in 2022, backed by institutional investors like Sawari Ventures, Agility Ventures, Betatron Venture Group, and Graphene Ventures.
ExpandCart has raised $5.2M across 2 funding rounds.
ExpandCart has raised $5.2M in total across 2 funding rounds.
ExpandCart has raised $5.2M across 2 funding rounds. Most recently, it raised $2.7M Other Equity in January 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 20, 2022 | $2.7M Venture Round | Betatron Venture Group | Kuwait Investment Authority, Sawari Ventures | Announced |
| Nov 23, 2020 | $2.5M Series A | Sawari Ventures | Agility Ventures, Graphene Ventures | Announced |
ExpandCart has raised $5.2M in total across 2 funding rounds.
ExpandCart's investors include Betatron Venture Group, Kuwait Investment Authority, Sawari Ventures, Agility Ventures, Graphene Ventures.