Tech Company Financing Transactions
Wafec Funding Round
Raed VC and Wamda Capital participated in a $3 million Seed funding round for Wafec. This venture round was announced on 1/25/2023.
Transaction Overview
Company Name
Announced On
1/25/2023
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Seed
Investors
Raed VC (Lead Investor)
Proceeds Purpose
Wafeq is now exploring new growth opportunities in Egypt while doubling down on its existing markets as businesses comply with evolving accounting and financial requirements
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Dubai, Undisclosed
UAE
Dubai, Undisclosed
UAE
Phone
Undisclosed
Website
Email Address
Overview
Wafeq is an easy-to-use accounting software that empowers SMEs to run their business better.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Nadlm Alameddine
VP - Marketing
Badr Nour
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Our team works diligently to record every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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