Hekouky closes pre-Seed round from Nama Ventures
- Cairo-based legaltech platform Hekouky has raised an undisclosed amount in a pre-Seed funding round from Nama Ventures.
- Founded in 2021 by Hala Riad, Mayy Abdelbary and Fatima Khalil, Hekouky offers a one-stop-shop for company incorporation and trademark registration, fulfilling the client’s legal needs.
- The women-led startup will use the funding to expand its business across Egypt.
Hekouky, the Legaltech platform that incorporates companies and registers trademarks for entrepreneurs and business owners, announces that it has raised an undisclosed amount in a pre-seed funding round by Nama Ventures.
Getting legal transactions sorted as a business person can be complex, costly and waste a lot of time. Hekouky fixes that by giving a one-stop-shop and easy to use platform that will make the process hassle-free.
Hekouky was founded by three co-founders with diverse backgrounds and experiences: Hala Riad, Mayy Abdelbary and Fatima Khalil. Mayy Abdelbary is the former CTO of Paynas, with 15 years of experience, 9 of which were in legal software development she has decided to take the legal space by storm. Hala Riad is a lawyer with experience in arbitration and corporate law. Fatima Khalil is an accountant and the founder of three companies previously.
What unites these women, is a passion, a dedication and a vision: making the law accessible to all, making legal transactions easier, quicker and traceable for entrepreneurs.
“Our mission is to make entrepreneurs feel safe to follow their dreams, in Egypt and in the Mena region. Entrepreneurship is a test of wills, one that we will make easier by taking the legal burden off your shoulders,” said Hala Riad, Hekouky co-founder.
“We firmly believe that the regtech space in Mena is ripe for disruption,” said Mohammed Alzubi, Managing Partner at Nama Ventures. “There are tremendous inefficacies in the legal space that technology can help bridge. What we saw in Hala, Mayy, and Fatima is a team that has a very good command on what it takes to build a great regtech startup.”