Egyptian app creation platform SplendApp raises 6-figure pre-seed spherical
Egyptian startup SplendApp, a software-as-a-service (SaaS) platform that enables customers to simply develop iOS and Android cellular purposes in solely 48 hours, has raised a six-figure US greenback pre-seed funding spherical to construct out its platform and increase internationally.
Based in 2020 by Mohamed Shahin and Mohamed Khaled, SplendApp helps its customers create cellular purposes for their very own use, and permits them to make modifications with out the necessity for exterior technical help.
The startup is very targeted on the retail sector, aiming to deal with the calls for of small retailers and facilitate their transition into the digital area, and has up to now helped purchasers throughout three international locations. It now plans enlargement after securing funding.
The pre-seed funding comes from a cluster of Saudi Arabia-based angel buyers, and will likely be utilized by SplendApp to develop its software program stack and speed up its enlargement in Egypt and into the GCC markets inside the subsequent six months.
“Apart from enlargement, this spherical will allow us to speculate closely in our product and workforce. I’m enthusiastic about what’s forward,” Khaled mentioned.