Overview
News
Salaries
Products
People
Growth
Offices
Financials

Funding and backers

Total raised
$95M
3 rounds on record
Latest round
$40M
Series A · Oct 2022 · 3 yr ago
Team
51-200
employees, estimated range
Backers
2
4DX Ventures, COTU Ventures
The money's age
Long since its last round
47 months since the last round · not hiring
Momentum
0/100
no fresh signals
Last sign of life
this month
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Oct 19, 2022 Raised a round Series A $40M · YahooFinance Aug 25, 2021 Acquisition eCommerce giant MaxAB acquires Morocco's WaystoCap to scale, raises additional $15M Series A · Business Insider Africa Aug 24, 2021 Raised a round Venture round $15M Jul 5, 2021 Raised a round Series A $40M · TechCrunch 2018 Founded
Tractionpublic signals, read monthly
Web presence
top 7%
of 133.2M domains by links, Common Crawl
Funding rounds
RoundDateAmountInvestorsSource
Series A Oct 2022 $40M — YahooFinance
Venture round Aug 2021 $15M — zawya.com
Series A Jul 2021 $40M — TechCrunch
Backed byfrom the funds' portfolios and accelerator catalogs
Similar startupsby what they do, their industry and backers
CartonaSeries A $12M · 4 yr ago • Founded 2020 • 11-50 employees
Cartona is an Egyptian technology company founded in 2020 and headquartered in Cairo. Its marketplace connects retailers with suppliers and…
BreadfastSeries A $26M · 4 yr ago • Founded 2017 • 51-200 employees
Breadfast is an Egyptian technology company founded in 2017 and based in Cairo. Its app delivers bakery goods and daily groceries on a…
ThndrVenture round $15.6M · 16 mo ago • Founded 2019 • 51-200 employees • 8 roles
Thndr is an Egyptian fintech founded in 2019 and based in Cairo. Its app lets retail investors trade shares and funds with no commission…
TaagerVenture round $6.4M · 5 yr ago • Founded 2019 • 501-1000 employees
Taager is an Egyptian technology company founded in 2019 and headquartered in Cairo. Its platform lets online sellers source, market and…
DastgyrSeries A $37M · 4 yr ago • Founded 2020
Dastgyr is a Pakistani business-to-business marketplace founded in 2020. Its app lets small retailers order stock from suppliers with…
TrellaFounded 2018
Trella is an Egyptian logistics technology company founded in 2018 and headquartered in Cairo. Its platform matches shippers with trucking…

Overview

MaxAB is an Egyptian technology company founded in 2018 and based in Cairo. Its platform supplies groceries to informal retailers through an app. The company merged with the Moroccan firm Wasoko.

News

News PYMNTS.com 3 years ago
Report: B2B eCommerce Platforms MaxAB and Wasoko in Merger Talks
MaxAB, an Egyptian B2B eCommerce startup, and Wasoko, a Kenya-based eCommerce player, are reportedly in talks to merge their operations.
Read more
Report
News YahooFinance 4 years ago
MaxAB, an Egyptian B2B e-commerce platform for food and grocery supplies, nabs $40M
Last year, MaxAB, the food and grocery B2B e-commerce and distribution platform serving a network of traditional retailers across Egypt and Morocco, raised its $55 million Series A in two tranches; the latter accompanied its acquisition of the Morocco-bas
Read more
Report
News Business Insider Africa 5 years ago
eCommerce giant MaxAB acquires Morocco's WaystoCap to scale, raises additional $15M Series A
Read the latest news across entertainment, sports, business and more
Read more
Report
News TechCrunch 5 years ago
MaxAB gets an extra $15M, acquires YC-backed Moroccan startup WaystoCap
Last month, MaxAB, the Egyptian B2B e-commerce platform that serves food and grocery retailers, raised one of the largest Series A on the continent, to
Read more
Report
News khaleejtimes 5 years ago
MaxAB closes $40m Series A to fuel expansion
RMBV leads round with participation from leading global venture capital and impact investors.
Read more
Report
Pro access
Upgrade to see all 8 mentions
Upgrade to a paid plan to read every media mention of this company - funding news, awards, product launches and press releases from all the outlets writing about it.
Every media mention and press release
Funding news, awards and product launches
Fresh coverage from every outlet writing about the company
Upgrade now
Cancel anytime. Secure checkout. Instant activation.

Offices

Where the company hires and what each office is for
Cities
1
Hiring now
0
Countries
1
Cairo Egypt
HQ
50-200 est. staff

Financials

Total raised
$95M
Latest round
Series A
Funding rounds
3
Funding rounds
Round Announced Amount
Series A 2022 $40M Details
Venture - Series Unknown 2021 $15M Details
Series A 2021 $40M Details