UAE’s QiDZ app receives investment from CASF
- UAE-based entertainment marketplace QiDZ, has raised investment from the Cairo Angels Syndicate Fund (CASF). The amount raised was not disclosed.
- Founded in 2017 by Claudia Ribas, Ines Mena, Nourhan Hassan, Simona Agolini and Therese Hundt, QiDZ is a family-related platform that offers deals, education and entertainment-related activities and online restaurant bookings.
- This round of financing will fuel QiDZ’s regional expansion, improving its tech infrastructure and adding talent.
The Cairo Angels Syndicate Fund (CASF), a micro venture capital fund that invests in early-stage startups in the Middle East and Africa, is delighted to announce its investment in the entertainment marketplace startup QiDZ.
Built by and for parents, QiDZ is the first and leading mobile app in the region to bring a unique platform that consolidates all the family-related entertainment and kids’ activities of all ages in one place. The app enables users to discover thousands of hand-picked fun and educational activities, deals and restaurants and book online instantly. QiDZ initially launched in the UAE, but is now focused on regional expansion and has successfully entered and scaled the Saudi market with several new markets on the horizon. This round of financing is primarily for fueling regional expansion, improving their tech infrastructure and adding talent.
"As parents ourselves, we know how important it is to find relevant entertainment activities for our families that are customized to our needs. We are excited that with this investment we will be able to continue expanding our offering and reach and empower more parents to make the right choices for their families.” Stated Simona Agolini, Founder and CEO of QiDZ.
"Anyone who has kids can immediately identify with the need for this service and how important it is to connect families with kids’ entertainment activities that are customized to their needs. Simona and her co-founders have built a compelling solution and have scaled the business in a very impressive way in a short period of time. The best is yet to come and we are excited to be a part of their journey” said Aly El Shalakany, CEO of the Cairo Angels Syndicate Fund.