Four months after their launch and Pre-Seed funding round, Real Estate platform Isqan.com has now secured a six-figure Seed investment from Real Estate Developer, Eng. Mohamed Gaballah, CEO of Egygab Holding.
The Egypt-based startup aims to become the go-to resource for people looking for their next property, whether to rent or buy in the country. Isqan.com has already onboarded over 50 companies with property listings reaching over ten thousand clients. The tech startup states that it has also attracted thousands of users and leads.
Eng. Gaballah. commented on the news, “As a seasoned real estate executive, I have seen firsthand the need for digitization within this sector. I am both excited and proud to support Isqan.com’s journey to growth and market dominance.”
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The platform’s mission is to shake up the Egyptian property market by offering a completely free of charge service, giving end-users three free listings, to help them rent or sell a property.
Isqan.com aims to create a powerful Real Estate platform with a clean user experience and features. The company’s approach is also powered by an advanced contemporary tech stack, which enables the team to introduce unique offerings to the market.
Omar Mohamed, Co-Founder and Tech Lead of Isqan.com stated, “This investment will support Isqan.com in offering real value to its users by guiding them to make their next real estate purchase; simultaneously, ushering the Egyptian real estate market into the modern age of digital convenience.”
Ali Ezzat, Co-Founder of Isqan.com commented on the round, “The funds will be used to optimize operations by hiring new talent as well as investing in marketing and continuing to grow the company’s product range. We aim to provide users with the easiest, fastest, and most powerful real estate search experience possible.”
The team is looking to raise another round of funding targeted towards the final quarter of 2021 to increase the company’s market presence in Egypt.
African Eye Report
