MaxAB
Latest round
- Series A
Last raised
- Jan 2022
Total raised
- $116M
Investors
- 12
About MaxAB
Based in Cairo, Egypt, and founded in 2018, MaxAB operates as a developer of a mobile application that enables grocery retailers to order from wholesale food producers. It acquired Morocco-based B2B e-commerce and distribution platform WaystoCap for an undisclosed amount in August 2021. The company has 1,600 employees as of August 2021. MaxAB provides a mobile platform that allows store owners to purchase goods, request delivery or logistics to move the goods, and access a customer support team. The company serves a network of traditional retailers across Egypt, using technologies and supply chains to help put the correct amount of food and groceries at the right place at the right time. It has supplied more than 55,000 retailers and fulfilled more than one million orders. MaxAB plans to expand its market across the Middle East and North Africa besides launching new product offerings and grow its team. It also plans to accelerate its expansion into the Maghreb market— Algeria, Libya, Mauritania, Morocco, and Tunisia, coinciding with its acquisition of WaystoCap.
Who invested in MaxAB
12 investors across 4 rounds
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Questions about MaxAB
Who invested in MaxAB?
MaxAB has 12 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has MaxAB raised?
MaxAB has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did MaxAB last raise money?
MaxAB's most recent round on record is a Series A, in Jan 2022.
What does MaxAB do?
Based in Cairo, Egypt, and founded in 2018, MaxAB operates as a developer of a mobile application that enables grocery retailers to order from wholesale food producers.
Where is MaxAB headquartered?
MaxAB is headquartered in Cairo, Egypt.
Which VCs invest in companies like MaxAB?
Among active investors with capital left to deploy, WestBridge Capital Partners, Ventures Platform, Norrsken22 and 4DX Ventures back software companies at MaxAB's stage. Their profiles are linked below.
VCs backing software startups at Series A
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