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RowMart

Season 2 · Episode 7 · pitch 1 of 3

RowMart is an online B2B marketplace and procurement platform for the construction sector that allows contractors, engineers, technicians, and building material retailers to get instant AI-powered…

  1. Ask · EGP
    15Mfor 10%
  2. Best offer · EGP
    75Mvaluation
  3. Closed · EGP
    15Mfor 25%

2 offers · 2 revisions

Implied valuation: the ask implied EGP 150M; the deal closed at EGP 60M, 60% below it. The founder gave away 2.5× the equity they asked for.

The pitch, minute by minute

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29:36 · 5 investors · tap a marker to see the quote

Key takeaways

  • Closed 15M EGP for 25% with Ayman Abbas: a 60M valuation, 60% below the 150M asked.

  • The founder gave 2.5× the equity they asked for (10% → 25%).

  • 2 investors made 2 offers and 2 revisions. The highest valuation offered was 75M. The founder did not take it.

  • The founder countered 1 time; the final valuation is 20% above the closing investor's first offer.

  • The ask came 1:53 into the pitch, in the opening.

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71 investor events, all 71 matched to what was said · 38 answers graded · 20 figures

Aired in season 2 (2023), episode 7 · We don’t host video; timestamps onlyHow the data is built

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