Egypt’s Orcas raises $500,000 in pre-Series A funding round

Cairo – Mubasher: Egyptian online marketplace for babysitters and tutors Orcas announced that it has raised $500,000 in a pre-Series A funding round led by Algebra Ventures, Egypt’s leading venture capital (VC) fund.

San Francisco-based VC fund NFX Capital took part in the funding round, the Egyptian startup said in a statement on Wednesday.

Established in 2014, Orcas is a platform that connects parents and students with trusted and user-rated tutors and babysitters.  

With more than 20,000 students signed up to the app, Orcas is currently active in Cairo, Alexandria, El-Gouna, and the North Coast. 

Mubasher Contribution Time: 12-Jun-2019 10:35 (GMT)
Mubasher Last Update Time: 12-Jun-2019 10:40 (GMT)