About Halan
Halan is a company based in Cairo (Egypt) founded in 2017.. Halan has raised $19.89 million across 3 funding rounds from investors including Algebra Ventures. Halan operates in a competitive market with competitors including MoneyGram, MNT Halan, telda, Kashat and CarePay, among others.
- Headquarter Cairo, Egypt
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Sectors
Financial Services
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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
$19.89 M (USD)
in 3 rounds
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Latest Funding Round
$15 M (USD), Series B
Jan 25, 2020
- Investors
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Employee Count
Employee Count
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Software Development Team
37 people
Sales and Marketing
16 people
Senior Team
7 people
Operations Team
7 people
Product Management Team
5 people
Leadership Team
5 people
Data Analysis and Operations Team
5 people
Human Resources and Administration
4 people
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Funding Insights of Halan
Halan has successfully raised a total of $19.89M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in January 2020. 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 3
- Last Round Series B — $15.0M
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First Round
First Round
(28 Nov 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2020 | Amount | Series B - Halan | Valuation |
investors |
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| Sep, 2018 | Amount | Series A - Halan | Valuation | Algebra Ventures |
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| Nov, 2017 | Amount | Seed - Halan | Valuation |
investors |
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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 Halan
Halan has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Algebra Ventures. 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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Algebra Ventures is recognized as a leading venture capital firm based in Egypt, focused on tech investments across Africa.
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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 Halan
| 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 - Halan
| 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 |
Halan Comparisons
Competitors of Halan
Halan 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 MoneyGram, MNT Halan, telda, Kashat and CarePay, 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 |
Cross-border payments are enabled via wallet solutions for consumers.
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| domain | founded_year | HQ Location |
Consumer payments and loans are enabled via an online platform.
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| domain | founded_year | HQ Location |
Consumer payments are enabled via an app-based digital wallet.
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| domain | founded_year | HQ Location |
Business loans are provided through an Android app platform.
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| domain | founded_year | HQ Location |
Provider of a health insurance platform for global insurers
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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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Latest news on Halan
Frequently Asked Questions about Halan
When was Halan founded?
Halan was founded in 2017.
Where is Halan located?
Halan is headquartered in Cairo, Egypt.
Is Halan a funded company?
Halan is a funded company, having raised a total of $19.89M across 3 funding rounds to date. The company's 1st funding round was a Seed of $525K, raised on Nov 28, 2017.
What does Halan do?
Halan is an app-based platform for ride-hailing and on-demand delivery services in Egypt and Sudan. The company operates an aggregated fleet of motorcycles tuk-tuks (three-wheelers) through a network of verified trained drivers. Through the app, users can book track on-demand chauffered taxi rides and delivery services. Its mobile app is available for iOS and Android devices.
Who are the top competitors of Halan?
Who are Halan's investors?
Halan has 1 investor. Key investors include Algebra Ventures.
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