About ElWafeyat
ElWafeyat is a company based in Cairo (Egypt) founded in 2013.. ElWafeyat has raised $100 thousand across 2 funding rounds from investors including 500 Global and Flat6Labs. ElWafeyat operates in a competitive market with competitors including MyHeritage, Cluster, Geni, Lalo and FamilyLeaf, among others.
- Headquarter Cairo, Egypt
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$100 K (USD)
in 2 rounds
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Latest Funding Round
$100 K (USD), Seed
Nov 11, 2014
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Investors
500 Global
& 1 more
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Employee Count
Employee Count
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Funding Insights of ElWafeyat
ElWafeyat has successfully raised a total of $100K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $100 thousand completed in November 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $100,000
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2014 | Amount | Seed - ElWafeyat | Valuation | 500 Global |
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| Oct, 2013 | Amount | Seed - ElWafeyat | Valuation | Flat6Labs |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ElWafeyat
ElWafeyat has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include 500 Global and Flat6Labs. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital and acceleration are provided to tech startups.
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Founded Year | Domain | Location | |
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Startups are accelerated and funded via venture capital investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ElWafeyat
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ElWafeyat
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Elwafeyat Comparisons
Competitors of ElWafeyat
ElWafeyat operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MyHeritage, Cluster, Geni, Lalo and FamilyLeaf, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of DNA testing services to create a family tree and ancestor
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| domain | founded_year | HQ Location |
Private photo sharing is facilitated for friends and family.
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| domain | founded_year | HQ Location |
Web geneology social platform
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| domain | founded_year | HQ Location |
Family media sharing is facilitated through a mobile app platform.
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| domain | founded_year | HQ Location |
Private social network for families
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| domain | founded_year | HQ Location |
Online platform for sharing memories with family
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about ElWafeyat
When was ElWafeyat founded?
ElWafeyat was founded in 2013.
Where is ElWafeyat located?
ElWafeyat is headquartered in Cairo, Egypt.
Is ElWafeyat a funded company?
ElWafeyat is a funded company, having raised a total of $100K across 2 funding rounds to date.
What does ElWafeyat do?
ElWafeyat was founded in 2013 in Cairo, Egypt, as a social network focused on death announcements and related support services. Announcements are facilitated via online platforms, apps, SMS, and social media. Condolences are managed through online, app, and Telegram channels. Memorial pages are created to document the deceaseds life and achievements. A directory of offline service providers is maintained, along with a guide outlining procedural steps following a death.
Who are the top competitors of ElWafeyat?
ElWafeyat's top competitors include MyHeritage, Cluster and Remento.
Who are ElWafeyat's investors?
ElWafeyat has 2 investors. Key investors include 500 Global, and Flat6Labs.