Skip to content

OApps

Season 3 · Episode 11 · pitch 3 of 3

OApps is a digital logistics platform that provides import/export regulatory information, required documents, tariff calculations, and instant shipping and customs clearance quotes in 7 clicks. It…

  1. Ask · EGP
    7Mfor 20%
  2. Best offer · EGP
    28Mvaluation
  3. Closed · EGP
    10Mfor 35%

2 offers · 1 revision

Implied valuation: the ask implied EGP 35M; the deal closed at EGP 28.6M, 18% below it. The founder gave away 1.8× the equity they asked for.

The pitch, minute by minute

Loading the pitch timeline…

24:05 · 5 investors · tap a marker to see the quote

Key takeaways

  • Closed 10M EGP for 35% with Mohamed Farouk: a 28.57M valuation, 18% below the 35M asked.

  • The founder gave 1.8× the equity they asked for (20% → 35%).

  • 2 investors made 2 offers and 1 revision. The highest valuation offered was 28M. The founder took it.

  • The founder countered 1 time; the final valuation is 14% above the closing investor's first offer.

  • The ask came 0:38 into the pitch, in the opening.

Loading this tab…

Pitches like this

See all

Logistics & mobility, Growing · 8 pitches

  • Pickup (بيك أب)

    S2 E16 · Logistics & mobility

    Pickup is a mobile application for school student transportation in Egypt that offers monthly subscriptions using rented vehicles, dynamic pricing, automated route zoning, and live trip tracking for…

    Asked EGP 6M for 20%

    DealEGP 6M for 33%

    Ayman Abbasin the deal

  • Scoopy Mobility is an electric scooter sharing service in Egypt that lets users locate, unlock via QR code on a mobile app, and rent scooters for short trips, operating in gated communities, coastal…

    Asked EGP 2.5M for 5%

    No deal

    4 of 5 went out

  • Schools

    S1 E11 · Logistics & mobility

    Schools is a ride-sharing and transportation platform in Egypt that connects parents with buses and private cars to transport school and university students, with live camera monitoring and GPS…

    Asked EGP 15M for 10%

    No deal

    3 of 5 went out

Pitching something like this?

Face the same panel before you face a real one.

Farouk, Abbas and Yasseen Mansour appear as AI personas, not the real investors. We fill in the details from this pitch, and you get 1 free demo session after you sign in.

55 investor events, all 55 matched to what was said · 31 answers graded · 16 figures

Aired in season 3 (2024), episode 11 · We don’t host video; timestamps onlyHow the data is built

Report a mistake