Vetwork, a Cairo-based pet care marketplace has raised seed investment from Cairo Angel, Misk 500 Startups (it was part of their first cohort), and some Saudi-based angel investors, Cairo Angels announced in a statement to MENAbytes today. Cairo Angels did not share the size of investment but we have confirmed that its a six-figure USD deal.
Founded by three veterinary doctors; Fady Azzouny, Abdelrheem Hussein and Zeinab ElGeziry, Vetwork, as its name suggests, offers different on-demand pet care and grooming services to pet owners at their homes in Egypt and Saudi Arabia. The startup that had started with Cairo in 2017 has since expanded to Alexandria, the North Coast (Egypt), and Riyadh.
The services that can be requested with Vetwork mobile app (for iOS and Android), according to its website, include, healthcare, vaccination, insecticiding, and deworming, and are provided by a curated network of providers.
Fady Azzouny, the co-founder and CEO of Vetwork, speaking to MENAbytes said that they’re aiming to use the money to add more services in order to become a one-stop platform for anything that a pet owner might need and expand to new cities in Egypt and Saudi.
Speaking about their current numbers, Fady revealed that they now have a over 100 service providers in their network who have served over 3,000 customers through Vetwork in Egypt and Saudi.
In a statement, commenting about the investment, he said, “We believe working with Cairo Angels will offer us access to their deep expertise in investment, consultancy, and growth. Their commitment to our company will give us a very promising runway for the next few months. We are excited in taking this next step in our growth story and better serving our customers.”
Zeina Mandour, General Manager of the Cairo Angels, said: “We are very pleased to have closed this investment round and to have co-invested in this opportunity with other regional angel investors. We are very confident in the Vetwork team, who we have worked with closely when they were part of the MINT incubator. Since then, they have gone from strength to strength and they have already expanded in
different areas in the region, including most notably Saudi Arabia.”
Latest posts by Zubair Naeem Paracha (see all)
- Interview: Bookme’s founder & CEO Faizan Aslam on early days, challenges, expansion plans and more - February 18, 2020
- Dubai-based Eat App raises $5 million Series B for its restaurant reservation platform - February 17, 2020
- Dubai’s Seez raises $6 million Series A to make car buying easy in UAE, Kuwait, Saudi & Pakistan - February 17, 2020