Egypt-based property-listing platform isqan.com, has raised a six-figure seed funding round from the CEO of EGYGAB HOLDING, Mohamed Gaballah.
Founded four months ago, isqan.com has onboarded more than 50 companies, with property listings reaching over ten thousand. The startup plans to use the funds to hire more talent, invest in its marketing channels and develop its product.
“We are thrilled to be working with engineer Mohamed Gaballah. His investment in isqan.com is a testament to his belief in our team, product and growth strategy,” said Karim Kazem, co-founder of isqan.com
“We aim to digitise the entire real estate industry in Egypt by providing users with the easiest, fastest and most powerful real estate search experience possible,” said Ali Ezzat, co-founder at isqan.com.
The startup, according to its briefing, plans to close another financing round towards the final quarter of 2021 to bolster its growth plans.
“isqan.com is a very unique product to the real estate market, not only that it provides a much-improved user experience and incredibly powerful features, but it is also powered by a very advanced and modern tech stack which enables us to provide these unprecedented offerings to the market,” said Omar Doma, the chief technical officer (CTO).
Omar Mohamed, tech lead at Isqan.com said: "isqan.com helps people take one of their most important decisions. This investment will support isqan.com in providing a valuable service and offering real value to its users by guiding them to make their next real estate purchase, helping usher the Egyptian real estate market into the modern age."