ExpandCart
OperatingExpandCart allows you create a professional online store in minutes
- CRM
- Giza, Egypt
- Series B
- Founded 2013
- expandcart.com ↗
- Total raised
- $5.3M
- disclosed
- Last round
- $2.7M
- Series B
- Rounds
- 4
- since 2013
- Investors
- 5
- listed
- Employees
- 50-100
About ExpandCart
ExpandCart is a comprehensive, cloud e-commerce platform and is essentially building the “Shopify” designed specifically for the Arabic language and MENA region, as global competitors don’t offer Arabic language functionalities due to the complexities of the language structure. ExpandCart enables individuals and businesses to create a professional online shop in minutes by themselves without the need for any technical experience or assistance, whilst also integrating with marketplaces like Amazon, Alibaba Etsy, Ebay, etc. ExpandCart has already received investment from one of the world’s largest logistics companies, putting them perfectly positioned to scale rapidly across its target market.
ExpandCart funding4 rounds
All 4 rounds →ExpandCart has raised $5.3M across 4 disclosed rounds. The latest is a $2.7M Series B announced 17 Jan 2022, led by Betatron Venture Group.
- $150KSeedSeed, $150K, $150K raised to date
- $2.5MSeries ASeries A, $2.5M, $2.6M raised to date
- $2.7MSeries BSeries B, $2.7M, $5.3M raised to date
SLA Funding Index · grey is capital raised before each round · 1 undisclosed round not drawn
Who has invested in ExpandCart
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 17 Jan 2022 | ExpandCart Series B17 Jan 2022Led by Betatron Venture Group +2 | Betatron Venture Group +2 | $2.7M |
| 20 Nov 2020 | ExpandCart Series A20 Nov 2020Led by Sawari Ventures +2 | Sawari Ventures +2 | $2.5M |
| 30 Dec 2019 | ExpandCart Venture30 Dec 2019Led by Agility Ventures +2 | Agility Ventures +2 | Not disclosed |
| 03 Oct 2019 | ExpandCart Seed03 Oct 2019Led by Betatron | Betatron | $150K |
ExpandCart founders & team
- Amr ShawqyCo-Founder & CEO
- Sameh NabilCo-Founder & CTO
ExpandCart competitorssame sector · similar funding
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Frequently asked about ExpandCart
- Where is ExpandCart based and when was it founded?
- ExpandCart is headquartered in Giza, Egypt and was founded in 2013.
- Who founded ExpandCart?
- ExpandCart was founded by Amr Shawqy (Co-Founder & CEO) and Sameh Nabil (Co-Founder & CTO).
- Who is the CEO of ExpandCart?
- Amr Shawqy is ExpandCart's Co-Founder & CEO.
- How much funding has ExpandCart raised?
- ExpandCart has raised $5.3M across 4 disclosed rounds. Its latest, a $2.7M Series B, was announced on 17 Jan 2022.
- Who has invested in ExpandCart?
- Backers include Betatron Venture Group, Sawari Ventures, Agility Ventures, Graphene Ventures and 1 other.
- What sector is ExpandCart in?
- ExpandCart operates in CRM.
