# SubsBase

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

- Industry: Software
- Headquarters: Cairo, Egypt
- Website: www.subsbase.com
- Total disclosed funding: $2.5M
- Latest round: Seed (Aug 25, 2022)
- Investors on record: 11

## About

Founded in 2020 and based in Cairo, Egypt, SubsBase offers various software solutions for subscription-based businesses, helping them with billing and payments. Mohamed Farag (CEO) and Sherif Azizi are the co-founders of the company. In August 2022, SubsBase raised USD 2.4 million in seed funding led by Global Ventures, with participation from Camel Ventures, Hala Ventures, Ingressive, P1 Ventures, Plug and Play Ventures, and Plus Venture Capital.

The company offers a subscription and recurring revenue management platform that is designed to streamline and optimize the recurring revenue cycle for regional enterprises. The firm’s platform handles billing, invoicing, accounting, and integrations with existing systems, including analytics tools, CRM software, email lists, service desks, and payment gateways, making it an appropriate option for subscription-based enterprises. SubsBase also provides enterprise-grade security and assists companies in remaining in compliance with tax and privacy rules.

The organization generates revenue through its various monthly subscription plans, which include the standard plan for USD 200, the premium plan for USD 400, and the enterprise plan for customized pricing. 

The startup plans to use the August 2022 funding to support its product innovation and team.

## Funding rounds

- Seed, Aug 25, 2022, $2.4M — Plug and Play, Arzan Venture Capital, Ingressive Capital, Global Ventures, Hala Ventures, P1 Ventures, Plus Venture Capital, Falak Startups, Camel Ventures
- Seed, Mar 7, 2022 — Plus Venture Capital
- Seed, Jan 1, 2020, $0.1M — EFG Hermes, MENA Venture Investments, Arzan Venture Capital, Falak Startups

## Investors

- EFG Hermes — Seed
- MENA Venture Investments (https://capitalatlas.ai/funds/mena-venture-investments) — Seed
- Arzan Venture Capital (https://capitalatlas.ai/funds/arzan-venture-capital) — Seed
- Falak Startups (https://capitalatlas.ai/funds/falak-startups) — Seed
- Plus Venture Capital (https://capitalatlas.ai/funds/plus-venture-capital) — Seed
- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Seed
- Ingressive Capital (https://capitalatlas.ai/funds/ingressive-capital) — Seed
- Global Ventures (https://capitalatlas.ai/funds/global-ventures) — Seed
- Hala Ventures (https://capitalatlas.ai/funds/hala-ventures) — Seed
- P1 Ventures (https://capitalatlas.ai/funds/p1-ventures) — Seed
- Camel Ventures (https://capitalatlas.ai/funds/camel-ventures) — Seed