Led · Seed · Oct 2025

SehaTech, founded by Mohamed Elshabrawy and headquartered in Cairo, has developed a full-stack, AI-driven platform that automates approvals, claims, and payments between insurers and healthcare providers. Its rule-based engine reduces fraud, minimizes manual errors, and delivers greater transparency across the healthcare value chain. The SaaS solution targets the large administrative inefficiencies in Egypt’s health-insurance market and seeks to accelerate reimbursement cycles for providers. With fresh capital, the company plans to strengthen its team, embed more advanced automation tools, and expand beyond Egypt into the broader region. Management positions the product as a one-stop interface that streamlines workflow while cutting costs for payers and providers. To date, SehaTech has raised a total of $2 million; no revenue or user metrics were disclosed in the article.

Participated · Seed · Oct 2025

Founded in 2023, REasy delivers an integrated trade-finance application that combines foreign-exchange payments, logistics support and regulatory compliance for African small and medium-sized importers. The platform links local payment methods such as Orange Money, MTN Mobile Money and bank transfers with international rails like Alipay, WeChat Pay and UnionPay, while also embedding customs brokerage and freight-forwarding services. A recent collaboration with the Bank of Central African States created a multi-currency FX mechanism that lets clients pay suppliers within minutes rather than weeks, turning the Central African Franc into euros through the central-bank channel. REasy already serves thousands of importers on the $3.71 billion China-Cameroon trade corridor, helping reduce transaction costs, fraud risk and settlement times. Backed by a $1.8 million pre-seed round, the company is enhancing its tech stack, securing new licences and preparing to enter Nigeria and other West African markets. Between 2027 and 2028 it plans to integrate with the Pan-African Payment and Settlement System, and by 2030 it targets South-South routes such as India–East Africa and Brazil–West Africa, with an ambition to support more than one million African import businesses.

Led · Seed · May 2024

MNZL develops a digital wallet that allows homeowners and car owners to upload assets and convert them into collateral to access loans. The company is introducing this wallet concept to expand secured lending options in Egypt and across the MEA region. MNZL has secured the necessary permits from the Financial Regulatory Authority and reports early market traction. Founded in 2023 and based in Cairo, the startup was launched by Sameh Saleh, Ahmed Dessouky and Bassem Elshaer. The company recently raised capital to enhance its product and scale operations, with plans to invest in technology and expand its reach regionally.

Led · Seed · May 2024

Renda offers an asset-light, end-to-end fulfillment platform that aggregates warehousing, inventory management, order processing, deliveries, returns and cash-on-delivery reconciliation for businesses. The company partners with third-party warehousing, delivery and payment providers rather than owning assets, and runs partner verification and management via apps and dashboards. Since launching in 2021 it has onboarded over 300 warehousing partners, 3,000+ delivery assets and 2,000+ cash collection partners, processed more than 250,000 orders and served over 500 businesses and 100,000 customers across 15 Nigerian states. Renda says it has achieved profitability and reported 450% year-on-year revenue growth. It serves clients including OmniRetail, Jumia, M-KOPA and Dangote and targets enterprise contracts of 12–24 months. Planned product moves include embedded finance for drivers, health insurance and fuel assistance, plus AI tools to automate processes and optimize logistics.

Led · Seed · Feb 2024

Klas is an online teaching platform that enables users to create and sell e-books, courses, and live classes and provides scheduling, payments, community features, analytics, and native video conferencing. The company built its own virtual classroom, KlasLife, with a proprietary video architecture instead of relying on Zoom or Google Meet. Founded in 2022 by Nathan Nwachuku and Lekan Adejumo, Klas serves more than 5,000 online schools (creators) and 300,000 learners across 30+ countries, with creators having earned “hundreds of thousands of dollars” on the platform. It currently offers a free plan with a 5% transaction fee and supports naira for Nigerian users and dollars for international users. Klas plans to scale internationally with a focus on India and North America, add localized currency options, and aims to power up to 100,000 online schools by 2027. To boost revenue, the company may raise prices and is planning an enterprise product targeted at corporate upskilling priced at $199 per month. Klas builds a live-learning platform that packages payments, scheduling, community tools, analytics and a purpose-built video conferencing product (Klas Live) for creators to run cohort-based classes. The product includes Klas Pay (payouts in naira and US dollars, crypto planned), internal messaging, email tools, an analytics dashboard, student ID verification, attendance tracking, and community Rooms. Creators get booking pages, automated recording uploads to YouTube, and can choose free or pro plans. The company says it focuses on live group classes rather than self-paced MOOCs to drive higher completion rates. Klas has amassed a waitlist of more than 2,500 creators and secured partnerships with startups and online schools inside and outside Africa. Financially, Klas raised a $130,000 angel round in March and previously received $5,000 from a close angel investor in December to begin paying engineers.