About Maxab
Maxab is a company based in Cairo (Egypt) founded in 2018. Maxab has raised $101.2 million across 6 funding rounds from investors including International Finance Corporation, British International Investment and Silver Lake. Maxab has completed 2 acquisitions, including Fatura and WaystoCap. Maxab operates in a competitive market with competitors including Cartona, One Order, Talabeyah, Ablife and WEGOTRADE, among others.
- Total Equity Funding$101.2M (USD)
in 6 rounds
- Latest Funding Round$40M (USD), Series A
Sep 2022
- InvestorsInternational Finance Corporation
& 14 more
- Investments & AcquisitionsFatura
& 1 more
Apps and channels of Maxab
Maxab publishes 1 mobile app with over 500K+ downloads.
Funding Insights of Maxab
Maxab has successfully raised a total of $101.2M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $40 million completed in September 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 $101.2M
- Total Rounds 6
- Last Round Series A — $40M
- Investors Count 15
All 6 funding rounds of Maxab with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2022 | $40M | Series A | – | – | |
| Aug 2021 | $15M | Series A | – | Flourish, Crystal Stream Capital | – |
| Jul 2021 | $40M | Series A | – | RMBV | |
| Apr 2020 | – | Seed | – | Crystal Stream Capital | – |
| Sep 2019 | $6.2M | Seed | – | BECO Capital, 4DX Ventures | |
| Mar 2019 | – | Seed | – | – |
15 investors in total: 15 institutional.
Investors in Maxab
Maxab has secured backing from 15 investors, including venture fund investors. Prominent investors backing the company include International Finance Corporation, British International Investment and Silver Lake.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Technology investing and private equity firm focused on partnerships. | – | silverlake.com | - | |
Government agency focused on small and medium-sized businesses | 1948 | bii.co.uk | London, United Kingdom | |
Venture capital investments are provided to startups in the Gulf and MENA region. | – | becocapital.com | Dubai, United Arab Emirates | |
Flourish Ventures is focused on investing in mission-driven fintech entrepreneurs. | – | flourishventures.com | Redwood City, United States | |
Early and late-stage startups are supported by venture capital-backed studio. | – | disruptad.ae | Abu Dhabi, United Arab Emirates | |
Early-stage investments in technology companies are targeted by 4DX Ventures. | – | 4dxventures.com | Accra, Ghana | |
- | – | africaplatforms.com | - | |
- | – | crystalstreamcap.cn | - | |
IFC is focused on private sector development in emerging markets. | 1956 | ifc.org | - | |
Expansion-stage tech startups are funded by Rise Capital. | – | risecapital.com | San Francisco, United States |
Investor details for Maxab
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of Maxab
13 people are tracked at Maxab (8 in leadership, 5 in team).
| Name | Role | Group |
|---|---|---|
Anas Alsbenati | VP Of Technology | Leadership |
Farid Hamdy | Director of Tax, Treasury & Statutory Reporting | Leadership |
Lucienne Abadir | Group Head Of Reporting And Consolidation | Leadership |
Ahmed Gad | Chief Strategy Officer | Leadership |
Mahmoud Alheeny | Head of Fintech Payments | Leadership |
Aya ElBadrashini | Director of Product Growth & International Expansion | Leadership |
Belal EL-Megharbel | Co-Founder & CEO | Leadership |
Abdellatif Elmardenly | VP, Marketing | Leadership |
Hisham Shedid | Fintech Operations Senior Manager | Team |
Nourhan Wahba | Graphic Design Manager | Team |
Ahmed Elbouhy | Brand Manager - Private Label | Team |
Mohamed Ashraf | Sales Manager | Team |
Habiba Ahmed | Fp&a Specialist | Team |
Complete people profiles for Maxab
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Investments & Acquisitions by Maxab
Maxab has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Fatura and WaystoCap.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Online B2B marketplace offering multi-category products | faturab2b.com | Cairo, Egypt | 2019 | May 2025 | •••• | |
B2B marketplace for African trade is facilitated online. | waystocap.com | Casablanca, Morocco | 2014 | Aug 2021 | •••• |
Complete acquisition details for Maxab
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
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Competitors of Maxab
Maxab 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 Cartona, One Order, Talabeyah, Ablife and WEGOTRADE, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cartona.com | 2019 | Giza, Egypt | $22.1M | – | Processed products are provided via an online B2B marketplace. | |
| oneorder.net | 2022 | Cairo, Egypt | $20M | – | Multi-category grocery supplies are distributed online by One Order. | |
| talabeyah.com | 2020 | Cairo, Egypt | $1.1M | – | Processed grocery products are distributed electronically by Talabeyah. | |
| aibianli.cn | 2012 | Zhengzhou, China | $60.16M | – | Delivers comprehensive retail store aggregation solutions for businesses. | |
| wego.trade | 2015 | Montreal, Canada | – | – | B2B platform for food industry sales, ordering, and payments online. | |
| horeca-solutions.org | 2023 | Cairo, Egypt | – | – | An app-based B2B platform delivering grocery products to businesses. |
Detailed competitors of Maxab
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- Full competitor set
- Operating metrics
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Web traffic of Maxab
The website of Maxab (maxab.io) receives about 12.5K visits a month.
- Monthly visits12.5K
▲ 41.4% vs previous month
Websites whose visitors overlap most with Maxab. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| wamda.com | 100% | 145K | #309,876 | View details | |
elmareekh.com | elmareekh.com | 100% | – | #7,982,715 | – |
| cartona.com | 90% | 5.3K | #3,278,100 | View details | |
atacadaomaroc.ma | atacadaomaroc.ma | 76% | – | #2,084,598 | – |
| google.com | 71% | 85.8B | #1 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for Maxab
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 10 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Maxab
Complete news archive for Maxab
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Maxab
10 companies that operate in the same segment as Maxab (Food & Grocery Retail), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Meal recipe kits are delivered through a weekly subscription service. | 2011 | Berlin, Berlin, Germany | USD 367.28 M | – | – | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
Personal and household products are delivered via an e-commerce platform. | 2011 | Bengaluru, Karnataka, India | USD 943.07 M | – | – | |
Instant delivery of groceries and essentials is facilitated online. | 2013 | Gurugram, Haryana, India | USD 757.12 M | – | – | |
Multi-category products are delivered quickly through an online platform. | 2020 | Bengaluru, Karnataka, India | USD 2.3 B | USD 344.05 K | 100 | |
Organic groceries are offered through an online membership platform. | 2013 | Los Angeles, California, United States | USD 332.18 M | – | – | |
Online marketplace platform offering multi-category grocery products | 2012 | San Francisco, California, United States | USD 2.93 B | USD 3.74 B | 3,270 | |
Platform offering food and grocery delivery services | 2013 | London, England, United Kingdom | USD 2.95 B | USD 2.59 B | 3,960 |
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Frequently Asked Questions about Maxab
Maxab was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Maxab is headquartered in Cairo, Egypt.
Maxab is a funded company, having raised a total of $101.2M across 6 funding rounds to date.
Maxab was founded in 2018 and is headquartered in Cairo, Egypt. Operations focus on electronic distribution within the grocery sector, where a range of products including dairy items, sweets, snacks, fruits, and vegetables is supplied to various recipients. The platform supports multi-category inventory management and logistics for regional markets in the Middle East and North Africa.
Maxab has 15 investors. Key investors include International Finance Corporation, British International Investment, Silver Lake, BECO Capital, and Flourish Ventures.
Yes. Maxab publishes MaxAB, with over 500,000 downloads.