Halan
Latest round
- Series B
Last raised
- Jan 2020
Total raised
- $19M
Investors
- 3
About Halan
Halan Inc.Founded in 2017 in Cairo, Egypt, Halan Inc. provides a mobile platform that connects users with transportation and financial services. The company was co-founded by Ahmed Mohsen and Mounir Nakhla, who also serves as the CEO.Halan offers a suite of innovative financial and mobility solutions aimed primarily at enhancing the accessibility and efficiency of transportation and commerce in emerging markets. Their flagship product is a comprehensive mobile application that facilitates ride-hailing, logistics, and various financial services, serving as a bridge between users and service providers. This application was designed to address various use cases, including enabling users to book rides and manage deliveries seamlessly while also providing financial tools such as digital wallets and microloans. Halan primarily targets customers in urban areas across the Middle East and North Africa (MENA), catering to both individual consumers and small businesses looking for efficient transportation and financial solutions.Halan generates revenue through a structured transaction model that encompasses B2C and B2B interactions, leveraging its mobile platform to facilitate a variety of services. Clients typically engage with the app by paying for ride-hailing services or logistics support, while businesses may enter into partnerships that allow them to integrate Halan's offerings into their operational frameworks. The revenue structure includes commissions on transactions, subscription fees for premium features, and potential revenue sharing agreements with partnered service providers. Pricing plans are tailored based on user needs, with various tiers of service designed to accommodate both individual and business clients.Halan plans to introduce new products and services to enhance its mobile application further, although specific release dates have not been disclosed. The company is also looking to expand its operations into new geographic regions, targeting markets within the MENA area by 2025.00 mn from Middle East Venture Partners will be utilized to support these growth initiatives, including product development and market expansion efforts.
Who invested in Halan
3 investors across 3 rounds
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Questions about Halan
Who invested in Halan?
Halan has 3 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Halan raised?
Halan has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Halan last raise money?
Halan's most recent round on record is a Series B, in Jan 2020.
What does Halan do?
Halan is a transportation services company.
Where is Halan headquartered?
Halan is headquartered in Cairo, Egypt.
Which VCs invest in companies like Halan?
Among active investors with capital left to deploy, WestBridge Capital Partners, Persistent Energy Capital, Norrsken22 and 4DX Ventures back transportation services companies at Halan's stage. Their profiles are linked below.
VCs backing transportation services startups at Series B
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