Funding roundPre-seed
Settle Pre-seed
Settle raised $2M in a Pre-seed led by Shorooq Partners, with El Sewedy Capital Holding, Acasia Ventures and Plus Venture Capital participating. It was announced on 18 September 2024.
- Amount raised
- $2M
- USD
- Announced
- 2 years ago
- Investors
- 4
- 1 lead · 3 participating
Investors in Settle's Pre-seed4
Lead
- Shorooq PartnersLeadProfile of Shorooq Partners →
Venture Capital
Participating
- El Sewedy Capital HoldingParticipatingProfile of El Sewedy Capital Holding →
Venture Capital
- Acasia VenturesParticipatingProfile of Acasia Ventures →
Venture Capital
- Plus Venture CapitalParticipatingProfile of Plus Venture Capital →
Venture Capital
About this round
USD 2M pre-seed round announced 18 Sep 2024 per company press release (Cairo); led by Shorooq Partners, with El Sewedy Capital Holding, Acasia Ventures and Plus VC participating. Instrument not stated in the release. Later 2025-2026 articles repeat this round; no separate 2026 round identified.
Sources for this round4
- zawya.comSettle Payments secures $2mln pre-seed funding led by Shorooq Partners (press release, 18 Sep 2024)
- enterpriseam.comB2B payment platform Settle raises USD 2 mn in pre-seed round (Enterprise, 18 Sep 2024)
- wamda.comEgypt's SETTLE secures $2 million pre-Seed (Wamda, Sep 2024)
- khaleejtimes.comSettle payments secures $2m pre-seed funding (Khaleej Times, 19 Sep 2024)
Frequently asked about Settle's Pre-seed
- How much did Settle raise in its Pre-seed?
- $2M, announced on 18 September 2024.
- Who led Settle's Pre-seed?
- Shorooq Partners led the round.
- Who invested in Settle's Pre-seed?
- 4 investors are named for this round: Shorooq Partners (lead), El Sewedy Capital Holding, Acasia Ventures and Plus Venture Capital.
