# Shiphaly

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

- Industry: Software
- Headquarters: Cairo, Egypt
- Website: www.shiphaly.com
- Total disclosed funding: $0.1M
- Latest round: Seed (Jan 1, 2019)
- Investors on record: 1

## About

Based in Egypt, Shiphaly ltd operates as a digital solutions provider, specializing in website management tools and e-commerce capabilities to empower businesses' online presence.Shiphaly ltd, established in 2019 and headquartered in Cairo, Egypt, focuses on enhancing online operations for businesses. Led by CEO Khaled Elabd, the company has executed 2 funding deals, with its latest being a Seed round in September 2021, raising USD 60,000 from Flat6Labs, marking the total amount raised at USD 60,000.The company specializes in providing comprehensive digital solutions designed to enhance online presence and facilitate website management. Their core offerings include website building tools, e-commerce capabilities, and a suite of integrated marketing services, aimed at empowering businesses to establish, grow, and optimize their online strategies. These products are tailored to address the needs of small to medium-sized enterprises (SMEs) and individual entrepreneurs who aim to establish a robust online footprint. The solutions enable users to create fully functional websites, manage online stores, and leverage marketing features to attract and retain customers effectively. The primary customer base spans various sectors, including retail, services, and creative industries. The company’s products are marketed across North America, Western Europe, and select regions in Asia, ensuring a broad geographical reach.The company generates revenue primarily through a subscription-based model that offers tiered pricing plans for its services. Clients typically engage with the company by selecting a plan that aligns with their business needs, which may include options for enhanced e-commerce functionality, additional storage, and personal support services. Transactions generally occur directly between the company and its customers, with users purchasing annual or monthly subscriptions for access to the platform's features. Notably, flagship products include their website builder and e-commerce solution, both critical to their revenue stream. The revenue structure reflects a focus on providing value through scalable solutions, ensuring that clients can select options that best suit their operational requirements.In September 2021, Shiphaly ltd raised USD 60,000 in venture funding, which will be utilized to expand its stores to Africa and other countries in the Middle East, as well as to launch new product features. The company is strategically targeting these regions to enhance its market presence and offer its digital solutions.

## Funding rounds

- Seed, Jan 1, 2019, $0.1M — Flat6Labs

## Investors

- Flat6Labs (https://capitalatlas.ai/funds/flat6labs) — Seed