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.
- Headquarter Cairo, Egypt
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Sectors
Retail
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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
$101.2 M (USD)
in 6 rounds
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Latest Funding Round
$40 M (USD), Series A
Sep 12, 2022
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Investors
International Finance Corporation
& 14 more
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Employee Count
Employee Count
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Investments & Acquisitions
Fatura
& 1 more
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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 Total Funding
- Total Rounds 6
- Last Round Series A — $40.0M
- First Round First Round
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Series A - Maxab | Valuation |
investors |
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| Aug, 2021 | Amount | Series A - Maxab | Valuation | Flourish , Crystal Stream Capital |
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| Jul, 2021 | Amount | Series A - Maxab | Valuation | RMBV |
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 |
|---|---|---|---|---|
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Technology investing and private equity firm focused on partnerships.
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Founded Year | Domain | Location | |
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Government agency focused on small and medium-sized businesses
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Founded Year | Domain | Location | |
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Venture capital investments are provided to startups in the Gulf and MENA region.
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Founded Year | Domain | Location |
Financial Statements - Maxab
Maxab Comparisons
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 year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Processed products are provided via an online B2B marketplace.
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| domain | founded_year | HQ Location |
Multi-category grocery supplies are distributed online by One Order.
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| domain | founded_year | HQ Location |
Processed grocery products are distributed electronically by Talabeyah.
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| domain | founded_year | HQ Location |
Delivers comprehensive retail store aggregation solutions for businesses.
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| domain | founded_year | HQ Location |
B2B platform for food industry sales, ordering, and payments online.
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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. The company's 1st funding round was a Series A of $40M, raised on Mar 26, 2019.
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.