# Homzmart

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/homzmart

- Industry: Consumer Products
- Headquarters: Cairo, Egypt
- Website: www.homzmart.com
- Total disclosed funding: $16M
- Latest round: Series A (May 18, 2021)
- Investors on record: 9

## About

Founded in 2020 and based in Cairo, Egypt, HomZmart Ltd. is an e-commerce company that offers home furniture, home decors, and other home supplies through its online selling platform. Ibrahim Mohamed and Mahmoud Ibrahim are the co-founders of the company. In May 2021, the firm raised USD 15 million in Series A funding co-led by MSA Capital and Nuwa Capital including EQ2 Ventures, Impact46, Outliers Venture Capital, and Rise Capital.

The company provides products for furniture, storage, workspace, decor, kitchen, and appliances. The furniture products consist of bed, chair, sofa, table, tv set, room sets, outdoors, office, and kids playroom. The decor products consist of fabrics, rugs, lighting, tableware, bedding, doors, pets accessories, mirrors, and home supplies. It also provides appliances such as refrigerators and freezers, washers and dryers, water heaters, tv, and more.

Homzmart plans to use the May 2021 funding to accelerate regional expansion plans.

## Funding rounds

- Series A, May 18, 2021, $15M — MSA Capital, Rise Capital, Impact46, EQ2 Ventures, Outliers Venture Capital, Nuwa Capital
- Seed, Feb 3, 2020, $1.3M — MSA Capital, 500 Global, Oman Technology Fund, EquiTrust

## Investors

- MSA Capital (https://capitalatlas.ai/funds/msa-capital) — Seed, Series A
- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- Oman Technology Fund (https://capitalatlas.ai/funds/oman-technology-fund) — Seed
- EquiTrust — Seed
- Rise Capital (https://capitalatlas.ai/funds/rise-capital) — Series A
- Impact46 (https://capitalatlas.ai/funds/impact46) — Series A
- EQ2 Ventures (https://capitalatlas.ai/funds/eq2-ventures) — Series A
- Outliers Venture Capital (https://capitalatlas.ai/funds/outliers-venture-capital) — Series A
- Nuwa Capital (https://capitalatlas.ai/funds/nuwa-capital) — Series A