Bridge funding secured by Egyptian home services marketplace Filkhedma
Filkhedma, an Egyptian home services marketplace, has secured a bridge round of investment from Cairo Angels ahead of a “major milestone” announcement.
FilKhedma is an online marketplace for house maintenance and renovation services such as plumbing, carpentry, electrical, air conditioning, painting, and appliances, founded by Omar Ramadan in 2014.
Before getting one of the startup’s background-checked specialists, consumers may schedule home services, obtain an exact time slot, acquire a quality guarantee, and accept a pricing quote on the site. On the other hand, it hires technicians after evaluating their technical and customer service abilities.
Filkhedma has taken on some bridge financing from Cairo Angels ahead of another announcement, which we can only presume will be a larger round of investment, coming very soon.
“We are very happy to welcome Cairo Angels on board Filkhedma and tap into the breadth of experience of the different angels within the network. This investment comes just ahead of a significant milestone for the business to be announced very soon. The investment by Cairo Angels will help us further grow our home cleaning and beauty services and generate more GMV from our B2B2C partnerships,” Ramadan said.
“Filkhedma is a solid company with credible management and a bright future. Omar and his team are embarking on new heights and we at Cairo Angels are happy to have been and continue to be part of their successful journey,” said Nader Aboushadi, board member at Cairo Angels.