Egypt’s FilKhedma Secures Funding From The Cairo Angels

FilKhedma, a home services marketplace, has received undisclosed funding from The Cairo Angels.

FilKhedma was founded by Omar Ramadan in 2014. The platform connects tested technicians with a range of home maintenance services to customers in need of those services such as repairs and installations, electricity, air conditioning, carpentry, plumbing, painting etc. The company’s goal, ultimately, is to provide quality home maintenance services at reasonable prices to homes and companies in Egypt.

The Cairo Angels is a network of angel investors whose focus is fostering the growth of startups in Egypt, Africa, and the Middle East.

Addressing this investment, Nader Aboushadi, Board Member at Cairo Angels said, “FilKhedma is a solid company with credible management and a bright future. Omar and his team are embarking on new heights and we at Cairo Angels are happy to have been and continue to be part of their successful journey.”

FilKhedma plans to use the investment to expand its home cleaning as well as beauty services. It will also target increasing its value of sales through B2B2C partnerships. So far, FilKhedma serves thousands of users and has a repeat order rate of over 75%.

“We are very happy to welcome Cairo Angels on board Filkhedma and tap into the breadth of experience of the different angels within the network. This investment comes just ahead of a significant milestone for the business to be announced very soon,” said Omar Ramadan.

Previous funding secured by FilKhedma was in 2018 when the Egyptian startup raised $800k in a seed round led by Algebra Ventures and Glint Consulting.

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Mena Adediran
Mena Adediran
Mena Adediran is a student of Mass Communication, a writer and self-proclaimed waterbender. She loves poetry, art, music; and is keen on telling stories for a living.

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