Filkhedma, an Egyptian home services marketplace, has raised a bridge funding round
Filkhedma, an Egyptian home services marketplace, has raised a bridge round of funding from Cairo Angels in preparation for the announcement of a “significant milestone.”
FilKhedma is an online marketplace for home maintenance and improvement services such as plumbing, carpentry, electricity, air conditioning, painting, and appliances, founded in 2014 by Omar Ramadan.
Before receiving one of its background-checked technicians, users can book home services, receive an exact time slot, receive a quality guarantee, and approve a price quotation through the startup’s platform. On the other side of the marketplace, it hires technicians after thoroughly testing their technical and customer service abilities.
Filkhedma, which last raised funds in 2018, has taken on some bridge capital from Cairo Angels in anticipation of another announcement – which we can only assume will be a larger round of funding – “very soon.”
“We are delighted to welcome Cairo Angels to Filkhedma and to benefit from the breadth of experience of the network’s angels.” This investment comes just in time for the company to announce a significant milestone. “The Cairo Angels investment will enable us to expand our home cleaning and beauty services and generate more GMV from our B2B2C partnerships,” Ramadan said.
“Filkhedma is a solid company with trustworthy management and a promising future.” “Omar and his team are reaching new heights, and we at Cairo Angels are proud to have been a part of and continue to be a part of their successful journey,” said Nader Aboushadi, board member at Cairo Angels.