Orcas, a Cairo-based online marketplace for babysitters and tutors has raised $500,000 in Pre-Series A funding round led by Egypt’s largest VC fund Algebra Ventures and joined by cross-border edtech fund NFX Ventures, the startup announced in a statement today. Orcas has previously raised $150,000 from Khaled Ismail, Kamelizer, and Cairo Angels.
Founded in 2013 by Hossam Taher, Amira El Gharib, Omar Fayez and Ahmed Ismail, Orcas(prev. known CairoSitters) had initially started with a simple booklet that the four co-founders used to distribute among parents who were their target customers. The four had pooled in $1,000 initially to start the business so that’s all they could do with it. The booklet was created after Orcas had registered a decent number of registered babysitters and tutors who work with them.