Egypt-based networking app Tays has raised a seven-figure pre-seed investment from several angel investors to kickstart its operations at home and launch into new markets. Co-founded by Sherif Bacheet and Fady Yonathan, Tays offers an end-to-end social networking app that uses a unique machine learning algorithm to help professionals connect with each other based on mutual business interests. After nearly a year of development, Tays has now raised a seven-figure pre-seed investment from various angel investors from within the Egyptian startup ecosystem, which will enable it to start operations across Egypt and the MENA region. “The ongoing pandemic has highlighted how difficult it is to create meaningful professional connections,” Bacheet said. “With this pre-seed investment, we hope to launch our platform and enable the entire MENA to begin expanding their professional networks at unprecedented rates.”
SOURCE: DISRUPT AFRICA
More Stories
How to Experience Lagos and Parts of Nigeria
From Former Refugee to Travel Fundi
Living Wild in Zambia’s National Park
A Traveller’s Guide to the Kgalagadi Transfrontier Park
Rwanda is Home to Many other Thrilling Species – If you Know Where to Look
Akwasi Brenya-Mensa on Tatale: “My Work is About What African Cuisine Will Look Like in 30 to 50 Years’ Time”
Behold ‘The Woman King’: Viola Davis as a Real-Life Warrior General
10 Questions With… Nfemi Marcus-Bello
Meet the Ghanaian Author Documenting the History of African Designers
Beyoncé Has Helped Usher in a Renaissance for African Artists
Angola’s Privatisation Campaign is an Experiment
Trouble in Abuja’s Airspace