About OPIO
OPIO is a company based in Cairo (Egypt) founded in 2017 was acquired by TFK in June 2023. OPIO has raised $300 thousand across 1 funding round from investors including AUC, TFK and Flat6Labs. OPIO operates in a competitive market with competitors including Bebe, French Connection, Bossini, EzzisDesigns and Zakeia, among others.
- Headquarter Cairo, Egypt
- SectorsRetail
- Email••••••••
- Website opioshop.com
- Social LinkedIn Facebook
- Acquired by TFK (Jun 2023)
Funding Insights of OPIO
OPIO has successfully raised a total of $300K through 1 strategic funding round. The most recent funding activity was a Seed round of $300 thousand completed in January 2021. 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 $300,000
- Total Rounds 1
- Last Round Seed — $300,000
- First Round $300,000
(Jan 2021)
- Investors Count 2
All 1 funding rounds of OPIO 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 |
|---|---|---|---|---|---|
| Jan 2021 | $300,000 | Seed | – | AUC |
3 investors in total: 3 institutional.
Investors in OPIO
OPIO has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include AUC, TFK and Flat6Labs.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Flat6Labs is recognized as a leading entrepreneurship platform in emerging markets. | 2011 | flat6labscairo.com | Cairo, Egypt | |
Multiple courses and degrees are offered across diversified academic streams. | 1919 | aucegypt.edu | United States | |
Online retailer offering multi-category fashion products for men, women, and kids | 2019 | tfk.me | Cairo, Egypt |
Investor details for OPIO
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Timeline of OPIO
3 dated milestones of OPIO across 6 years, from founding to its latest funding, stage changes and deals.
- Founded OPIO is founded.
- Funding First funding round of $300K.
- Exit Acquired by TFK.
Competitors of OPIO
OPIO 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 Bebe, French Connection, Bossini, EzzisDesigns and Zakeia, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bebe.com | 1976 | Brisbane, United States | – | 83 | Internet first brand of fashion apparel wear for women | |
| frenchconnection.com | 1972 | London, United Kingdom | – | – | Internet first brand offering apparel wear for women and men | |
| bossini.com | 1987 | Hong Kong, China | – | – | Operates a direct-to-consumer brand offering fashion apparel for men and women. | |
| ezzisdesigns.com | 2023 | Helwan, Egypt | – | – | A brand specializing in high-quality summer wear for everyday style. | |
| zakeia.com | 2021 | Cairo, Egypt | – | – | Provides eco-friendly apparel using upcycled materials and made-to-order services. | |
| somaiabolezz.com | 2020 | Cairo, Egypt | – | – | Handcrafted women's fashion apparel is offered through an online-first brand. |
Detailed competitors of OPIO
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- Full competitor set
- Operating metrics
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Latest news on Opio
Complete news archive for OPIO
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
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Similar companies to OPIO
10 companies that operate in the same segment as OPIO (Fashion & Lifestyle E-Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.08 B | USD 939.4 M | – | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 142.34 M | USD 32.66 M | 711 | |
Photo editing and sharing apps are developed by Meitu. | 2008 | Xiamen, Fujian, China | USD 525 M | USD 536.99 M | 2,420 | |
Subscription-based jewelry is provided by digital-first brand BlueStone. | 2011 | Bengaluru, Karnataka, India | USD 254.97 M | USD 259.64 M | 3,210 | |
Men's fashion apparel is offered online by Bonobos. | 2007 | New York, New York, United States | USD 127.67 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Pre-owned fashion products are sold via an online marketplace. | 2008 | Vilnius, Lithuania | USD 872.04 M | – | – | |
Online rental platform offering multi-category fashion products and accessories | 2009 | New York, New York, United States | USD 326.35 M | USD 306.2 M | 850 | |
Customizable smart lock screen experiences are developed for mobile devices. | 2019 | Bengaluru, Karnataka, India | USD 390 M | – | – |
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Frequently Asked Questions about OPIO
OPIO was founded in 2017 and raised its 1st funding round 4 years after it was founded.
OPIO is headquartered in Cairo, Egypt.
OPIO is a funded company, having raised a total of $300K across 1 funding round to date. The company's 1st funding round was a Seed of $300K, raised on Jan 2021.
OPIO was founded in 2017 and is based in Cairo, Egypt. Operations focus on the womens apparel sector via an online platform. The catalog features items such as tops, knitwear, dresses, jackets, outerwear, jumpsuits, rompers, workwear, and loungewear. Accessories including scarves, sunglasses, and bags are also provided. Sales are conducted primarily through the domain opioshop.com.
OPIO's top competitors include French Connection, Bebe and Somaia Abolezz.
Yes. OPIO was acquired by TFK in June 2023.