Wuilt, an Egyptian SaaS Arabic website builder, has successfully raised a seed round worth $535,000.
The investment round included the participation of a UK-based MENA Technology Fund, DAAL VC, prominent angel investors in the MENA, and a follow-on funding from Flat6Labs Cairo.
The new capital will be deployed to deepen its capabilities and expand its footprints in the Kingdom of Saudi Arabia.
Since its launch in 2019, Wuilt has been working to provide new and existing customers and businesses across the MENA region with easy-to-use and affordable options for launching and scaling their digital presence especially in the field of Arabic e-commerce.
The company currently serves 30,000+ users in Egypt and Saudi Arabia.
Co-founded by Ahmed Rostom, Mohamed Hegazy and Mahmoud Metwaly, Wuilt’s website building platform was curated to have all the necessary tools and components of a professional website at one’s fingertips.
Enabling even those with little knowledge of website building to easily create and manage their Arabic website.
“We came across many friends and businesses struggle to get a professional website designed to their style and design especially in Arabic. This highly motivated us as a team to bridge this gap by providing a solution and hence Wuilt was created and launched,” said Ahmed Rostom, CEO of Wuilt.
“Today, Wuilt’s all-in-one Arabic platform offers a range of features to fit businesses of all sizes and across all industries. Wuilt takes the hassle out of web designing and saves you time. In minutes, your business can have a sleek, and professional website.”
With the emergence and continuous spread of the pandemic, many businesses were forced to shift their operations online in order to stay active.
Some of them had to either pay huge amounts to web development agencies or had to collaborate with freelancers who may or may have not been up to the task.
“We are delighted to have leading investors believe in our business model and provide the necessary advice and support to progress our growth potentials. We look forward to working closely with them and successfully achieve our short term and long-term objectives,” said Ahmed.
“We witnessed a spike in the number of users and have seen a continuous increase in the number of users intending to shift their operations online since the onset of Covid-19.
“Our strategy is to provide the best solutions for all businesses in any sector, particularly, extending our platform to entrepreneurs, solopreneurs and small businesses,” continued Ahmed.
In addition to launching its e-commerce platform, Wuilt is planning to deploy some of its new funding to expand its presence in Saudi Arabia, which comprises nearly 30% of its customer base.
Wuilt joined Flat6labs’ Cairo accelerator in 2019 where they received huge support and ended the cycle by doubling their customer base. “Flat6labs has been a true partner to Wuilt,” Ahmed added.
Wuilt has also been part of the MISK500 Accelerator, an accelerator powered by 500 Startups, in February 2020.
“Flat6Labs has been a true believer in Wuilt since they first pitched their business, and we’ve been lucky to partner with them early-on. The promising traction to date, the huge market opportunity in the MENA region and the amazing team behind Wuilt, were true assurances for us to increase our exposure to Wuilt in their second round.
“We wish the team all the best and look forward to continuing to support the business till it reaches its true potential”, said Marie-Therese Fam, Managing Partner of Flat6Labs Cairo.
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