Sakneen, Inc. Asset Profile

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Year established

2019

Location

Cairo Egypt

Primary Industry

Real Estate Development & Operating Companies

About

Based in Cairo, Egypt, and founded in 2019 by Ramy Khorshed and Hussein El Kheshen, Sakneen, Inc. provides an online portal that helps homebuyers to search for properties and homeowners to list and sell their houses. The company partnered with Coldwell Banker Egypt, the real estate brokerage firm in November 2020 to expand its digital capabilities and offerings. It also raised USD 1.1 million in a seed funding round from global and local investors, key financial service providers, and prominent angel investors with major participation from Algebra Ventures, Sarwa Capital and Foundation Ventures in February 2021. The company’s platform enables users to explore and compare properties without restrictions and also allows them to search properties by property type, location, payment conditions, and price range.

Current Investors

Algebra Ventures, Foundation Ventures, Hem + Spire

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Primary Industry

Real Estate Development & Operating Companies

Sub Industries

Customer Relationship Management, Commercial Property, Real Estate Development & Operating Companies

Website

www.sakneen.com

Verticals

Real Estate Tech

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

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