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Cartona

Operating

Cartona is one of the fastest growing B2B e-commerce marketplaces in Egypt

Updated Source: SLA Startup IndexHow we verify →
Total raised
$24.6M
disclosed
Last round
$2.5M
Debt Financing
Rounds
5
since 2019
Investors
11
on record
Employees
51-200

About Cartona

Cartona is one of the fastest growing B2B e-commerce marketplaces in Egypt. Streamlining the distribution process, we directly connect retailers with suppliers, wholesalers, and producing companies. Through Cartona, retailers can browse, compare, and order their merchandise, saving time, money, and effort in their daily operations.

Cartona funding5 rounds

All 5 rounds →

Cartona has raised $24.6M across 5 disclosed rounds. The latest is a $5.6M Series A announced 30 Jul 2024, led by Algebra Ventures.

Capital growthrunning total of disclosed rounds
  1. $4.5MSeries ASeries A, $4.5M, $4.5M raised to date
  2. $12MSeries ASeries A, $12M, $16.5M raised to date
  3. $2.5MDebt FinancingDebt Financing, $2.5M, $19M raised to date
  4. $5.6MSeries ASeries A, $5.6M, $24.6M raised to date

SLA Funding Index · grey is capital raised before each round · 1 undisclosed round not drawn

AnnouncedRoundLead · investorsAmount
30 Jul 2024Cartona Series AAlgebra Ventures +2$5.6M
30 Jul 2024Cartona Debt FinancingGlobalCorp +1$2.5M
25 Jul 2022Cartona Series ASilicon Badia +6$12M
21 Sep 2021Cartona Series AGlobal Ventures +2$4.5M
01 Jun 2019Cartona Non-equity AssistanceNot disclosedNot disclosed

Cartona founders & team

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All 8 Apps startups in Egypt

Frequently asked about Cartona

Where is Cartona based and when was it founded?
Cartona is headquartered in Dokki, Egypt and was founded in 2019.
Who founded Cartona?
Cartona was founded by Rafik Zaher (Co-Founder).
How much funding has Cartona raised?
Cartona has raised $25M across 5 disclosed rounds. Its latest, a $5.6M Series A, was announced on Jul 30, 2024.
Who has invested in Cartona?
Backers include Algebra Ventures, Silicon Badia, SANAD Fund, GlobalCorp and 7 others.
What sector is Cartona in?
Cartona operates in Apps, E-Commerce and B2B.