Investments

Cairo-based chatbot building platform Botme raises six-figure seed

Botme, a Cairo-based chatbot building platform has raised six-figure seed investment, the startup told MENAbytes today. The investment came from regional angel investors.

Founded in 2017 by Saaid Elhakeem, Soliman Abaza, and Hosni Ahmed, Botme enables businesses and individual users to build chatbots for Facebook Messenger and web through its user-friendly platform without having to write any code.

The platform also allows users to sell (natively) through the chatbots they’ve created. The chatbots created with Botme could also be used for customer service and lead generation.

Botme uses a freemium subscription model, offering its platform for free to users with 500 or less active bot users and charging a 2 percent transaction fee on orders received through bots created with Botme. The paid plans start from $15 a month.

Saaid Elhakeem, co-founder and COO of Botme, speaking to MENAbytes, said that the startup will use the latest investment to expand to GCC and launch Botme Assistant to help businesses track the performance of their chatbots. The startup also plans to use a part of investment to add more features, channels, and integration with NLP and AI engines.

Soliman Abaza, co-founder and Chief Technology Officer, said, “The chatbot industry has been witnessing massive growth lately and according to some estimates, is expected to exceed $2.2 billion by 2024. Botme aims to the leader in this space in the Middle East & North Africa.”

Earlier this year, WideBot, another Cairo-based chatbot building platform had also raised a six-figure investment.

Zubair Naeem Paracha

Zubair Naeem Paracha

Founder at MENAbytes
A tech and startup enthusiast based in Riyadh. Zubair apart from leading MENAbytes is also building Qraar, a career discovery and development platform for millennials in MENA. He can be reached on Linkedin, Twitter or zubair [at] menabytes [dot] com.
Zubair Naeem Paracha
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