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
-
Sectors
Consumer
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$39.3 M (USD)
in 3 rounds
-
Latest Funding Round
$23 M (USD), Series A
Aug 01, 2022
-
Investors
STV
& 11 more
-
Employee Count
Employee Count
-
Investments & Acquisitions
MockUp Studio
& 1 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
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
-
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 |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
|---|---|---|---|---|
|
Growth equity is provided for early-stage tech startups by STV.
|
Founded Year | Domain | Location | |
|
Venture capital firm focused on seed and growth investments
|
Founded Year | Domain | Location | |
|
Web3 startups are accelerated and supported by Outlier Ventures.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
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. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
AR visualization tools for home improvement brands are provided.
|
2015 | ||||
|
Mockups for online businesses are created using a drag-and-drop platform.
|
2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Homzmart
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
Manages an e-commerce store offering multi-category home improvement products.
|
|
| domain | founded_year | HQ Location |
Online store for home decor, furniture, and design services sales.
|
|
| domain | founded_year | HQ Location |
Manages an e-commerce store for home improvement items.
|
|
| domain | founded_year | HQ Location |
Operates an online marketplace for multicategory home improvement products.
|
|
| domain | founded_year | HQ Location |
Operates an online store for multi-category home improvement products.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Homzmart
Frequently Asked Questions about Homzmart
When was Homzmart founded?
Homzmart was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Homzmart located?
Homzmart is headquartered in Cairo, Egypt.
Who is the current CEO of Homzmart?
Mahmoud Ibrahim is the current CEO of Homzmart. They have also founded this company.
Is Homzmart a funded 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.
What does Homzmart do?
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.
Who are the top competitors of Homzmart?
How many acquisitions has Homzmart made?
Homzmart has made 2 acquisitions, including MockUp Studio, and Mockuuups Studio.
Who are Homzmart's investors?
Homzmart has 12 investors. Key investors include STV, Impact46, Outlier Ventures, Rise Capital, and Nuwa Capital.