Cartona
OperatingCartona is one of the fastest growing B2B e-commerce marketplaces in Egypt
- Apps
- Dokki, Egypt
- Series A
- Founded 2019
- cartona.com ↗
- Total raised
- $24.6M
- disclosed
- Last round
- $2.5M
- Debt Financing
- Rounds
- 5
- since 2019
- Investors
- 11
- on record
- Employees
- 51-200
Cartona funding and investors
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.
- Lead investors
- 5
- Largest round
- $12M
- Average round
- $6.2M
- disclosed rounds
- Round cadence
- 15 mo
- average gap
- $4.5MSeries ASeries A, $4.5M, $4.5M raised to date
- $12MSeries ASeries A, $12M, $16.5M raised to date
- $2.5MDebt FinancingDebt Financing, $2.5M, $19M raised to date
- $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
Cartona funding rounds5 · newest first
- Series A$5.6M
30 Jul 2024 · led by Algebra Ventures
- Debt Financing$2.5M
30 Jul 2024 · led by GlobalCorp
- Series A$12M
25 Jul 2022 · led by Silicon Badia
- Series A$4.5M
21 Sep 2021 · led by Global Ventures
- Non-equity AssistanceUndisclosed
01 Jun 2019
| Announced | Round | Lead · other investors | Amount |
|---|---|---|---|
| 30 Jul 2024 | Series A | Algebra Ventures · Silicon Badia, SANAD Fund | $5.6M |
| 30 Jul 2024 | Debt Financing | GlobalCorp · Camel Ventures | $2.5M |
| 25 Jul 2022 | Series A | Silicon Badia · AB Accelerator, Darwazah Capital, Global Ventures, Kepple Africa Ventures, SANAD Fund, Sunny Side Ventures | $12M |
| 21 Sep 2021 | Series A | Global Ventures · T5 Capital, Kepple Africa Ventures | $4.5M |
| 01 Jun 2019 | Non-equity Assistance | Investors not disclosed | Undisclosed |
Investors in Cartona11 · leads first
| Investor | Role | Rounds | First |
|---|---|---|---|
| Global VenturesVenture Capital | Lead in 1 of 2 | Series A | Sep 2021 |
| Silicon BadiaVenture Capital | Lead in 1 of 2 | Series A | Jul 2022 |
| GlobalCorpPrivate Equity | Lead | Debt Financing | Jul 2024 |
| Camel VenturesVenture Capital | Lead | Debt Financing | Jul 2024 |
| Algebra VenturesVenture Capital | Lead | Series A | Jul 2024 |
| Kepple Africa VenturesVenture Capital | Participant | Series A | Sep 2021 |
| SANAD FundImpact Investor | Participant | Series A | Jul 2022 |
| T5 CapitalVenture Capital | Participant | Series A | Sep 2021 |
| AB AcceleratorAccelerator | Participant | Series A | Jul 2022 |
| Darwazah CapitalVenture Capital | Participant | Series A | Jul 2022 |
| Sunny Side VenturesVenture Capital | Participant | Series A | Jul 2022 |
Frequently asked about Cartona
- 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.
Profile updated Source: SLA Startup IndexHow we count →
