The enterprise software as a service (SaaS) sector is one of the rising stars of the Egyptian startup ecosystem, with more companies scaling up and piquing investor interest.
Egypt-based e-commerce SaaS startup Zeew, has raised a $630,000 Seed round from Plug and Play, Poland Prize and a group of angel investors, bringing the total funds it has raised in the past couple of years to $1 million.
Founded by Mohamed Ghaith in 2017, Zeew lets companies launch their on-demand delivery businesses, enabling them to track and control their operations through its customisable, hyperlocal SaaS solution. Currently, Zeew is present across 100 countries, with merchants in different verticals including logistics, food and grocery, restaurants, pharmacy, etc.
The startup plans to use the newly acquired funding to grow its team to serve more customers worldwide.