About Homzmart
Homzmart is a company based in Cairo (Egypt) founded in 2018 by Mahmoud Ibrahim and Ibrahim Mohamed. Homzmart has raised $39.3 million across 3 funding rounds from investors including STV, Impact46 and Outlier Ventures. Homzmart has completed 2 acquisitions, including MockUp Studio and Mockuuups Studio. Homzmart operates in a competitive market with competitors including Yadaweya, VESTA, Manzzeli, Tshween and 4umart, among others.
- Headquarter Cairo, Egypt
- Founders Mahmoud Ibrahim, Ibrahim Mohamed
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Sectors
Consumer
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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
$39.3 M (USD)
in 3 rounds
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Latest Funding Round
$23 M (USD), Series A
Aug 01, 2022
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Investors
STV
& 11 more
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Employee Count
Employee Count
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Investments & Acquisitions
MockUp Studio
& 1 more
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Funding Insights of Homzmart
Homzmart has successfully raised a total of $39.3M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $23 million completed in August 2022. 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 A — $23.0M
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First Round
First Round
(03 Feb 2020)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Series A - Homzmart | Valuation | STV | |
| May, 2021 | Amount | Series A - Homzmart | Valuation | MSA , Nuwa Capital | |
| Feb, 2020 | Amount | Seed - Homzmart | Valuation | MSA , Oman Tech Fund |
Investors in Homzmart
Homzmart has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include STV, Impact46 and Outlier Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Growth equity is provided for early-stage tech startups by STV.
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Founded Year | Domain | Location | |
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Venture capital firm focused on seed and growth investments
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Founded Year | Domain | Location | |
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Web3 startups are accelerated and supported by Outlier Ventures.
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Founded Year | Domain | Location |
Investments & Acquisitions by Homzmart
Homzmart has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include MockUp Studio and Mockuuups Studio.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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AR visualization tools for home improvement brands are provided.
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2015 | ||||
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Mockups for online businesses are created using a drag-and-drop platform.
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2014 |
Financial Statements - Homzmart
Homzmart Comparisons
Competitors of Homzmart
Homzmart 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 Yadaweya, VESTA, Manzzeli, Tshween and 4umart, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Manages an e-commerce store offering multi-category home improvement products.
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| domain | founded_year | HQ Location |
Online store for home decor, furniture, and design services sales.
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| domain | founded_year | HQ Location |
Manages an e-commerce store for home improvement items.
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| domain | founded_year | HQ Location |
Operates an online marketplace for multicategory home improvement products.
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| domain | founded_year | HQ Location |
Operates an online store for multi-category home improvement products.
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Frequently Asked Questions about Homzmart
Homzmart was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Homzmart is headquartered in Cairo, Egypt.
Mahmoud Ibrahim is the current CEO of Homzmart. They have also founded this company.
Homzmart is a funded company, having raised a total of $39.3M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.3M, raised on Feb 03, 2020.
Homzmart was established in 2018 in Cairo, Egypt, as an online platform focused on home improvement. A range of products is provided, including curtains, upholstery, carpets, lighting, decor items, beds, chairs, sofas, storage units, and outdoor furniture. Operations center on e-commerce distribution within the home goods sector, serving customers in the region through its digital interface.
Homzmart has made 2 acquisitions, including MockUp Studio, and Mockuuups Studio.
Homzmart has 12 investors. Key investors include STV, Impact46, Outlier Ventures, Rise Capital, and Nuwa Capital.