Algebra Ventures

Khazna is a mobile application platform designed to enhance financial services for Egyptians, particularly targeting the 50% of the population who are active smartphone users but lack access to traditional banking. The company offers a range of services, including General Purpose Credit, Buy Now Pay Later (BNPL), bill payment, savings, and insurance. Additionally, Khazna enables employers to provide cash advances to employees for unforeseen emergencies and facilitates seamless transfers and withdrawals without transaction fees. By focusing on digitizing cash transactions, Khazna aims to provide convenient, effective, and secure smartphone-based financial solutions, thereby improving the overall financial landscape in Egypt and potentially beyond.

GoodsMart is a mobile application developed to facilitate the online shopping of groceries and household products. Founded in 2013 and based in Cairo, Egypt, the company aggregates local grocery stores within its platform, allowing users to purchase a range of items including groceries, personal care, and home care products. GoodsMart offers a premium shopping experience with next-day delivery, enabling consumers to enjoy fresh products delivered directly to their homes. By streamlining the grocery shopping process, GoodsMart helps users save both time and money, making daily errands more manageable.

Yodawy Inc. is a Giza-based company founded in 2018 that specializes in developing a medicine delivery and claims management platform. It enables customers to order pharmaceuticals and personal care products through a mobile app, which facilitates delivery via a network of over 500 pharmacies across Egypt. The platform combines an AI-powered approval engine for insurance claims with features like a digital prescription app and a partner portal. Yodawy collaborates with major insurance carriers to automatically apply insurance and copayment benefits for users, streamlining the medication ordering process and enhancing accessibility for patients seeking home delivery of their prescriptions.

La Reina is an online fashion rental platform based in Heliopolis, Cairo, Egypt, specializing in the rental of designer wedding and evening dresses, along with accessories. Founded in 2016, the company enables women to rent their bridal gowns and evening attire from one another, providing a diverse selection of designer pieces in various sizes. By facilitating an accessible marketplace for fashion, La Reina caters to those seeking affordable options for special occasions while promoting sustainable practices in the fashion industry.

Khazna is a mobile application platform designed to enhance financial services for Egyptians, particularly targeting the 50% of the population who are active smartphone users but lack access to traditional banking. The company offers a range of services, including General Purpose Credit, Buy Now Pay Later (BNPL), bill payment, savings, and insurance. Additionally, Khazna enables employers to provide cash advances to employees for unforeseen emergencies and facilitates seamless transfers and withdrawals without transaction fees. By focusing on digitizing cash transactions, Khazna aims to provide convenient, effective, and secure smartphone-based financial solutions, thereby improving the overall financial landscape in Egypt and potentially beyond.

Elmenus is a food discovery platform based in Cairo, Egypt, founded in 2011. The company serves over 1 million monthly users by providing a comprehensive application that helps people identify nearby restaurants and explore popular dishes as rated by fellow users. Elmenus combines a social and visual experience, allowing users to browse digitized restaurant menus and engage with a community of food enthusiasts who share photos, reviews, and ratings. The company also maintains offices in several Egyptian cities, including Alexandria, El Mansoura, Sharm El Sheikh, Hurghada, El Gouna, El Ain El Sokhna, Ras Sudr, and North Coast. Through its platform, Elmenus aims to facilitate an enjoyable and personalized food discovery experience for its users.

Yodawy Inc. is a Giza-based company founded in 2018 that specializes in developing a medicine delivery and claims management platform. It enables customers to order pharmaceuticals and personal care products through a mobile app, which facilitates delivery via a network of over 500 pharmacies across Egypt. The platform combines an AI-powered approval engine for insurance claims with features like a digital prescription app and a partner portal. Yodawy collaborates with major insurance carriers to automatically apply insurance and copayment benefits for users, streamlining the medication ordering process and enhancing accessibility for patients seeking home delivery of their prescriptions.

GoodsMart is a mobile application developed to facilitate the online shopping of groceries and household products. Founded in 2013 and based in Cairo, Egypt, the company aggregates local grocery stores within its platform, allowing users to purchase a range of items including groceries, personal care, and home care products. GoodsMart offers a premium shopping experience with next-day delivery, enabling consumers to enjoy fresh products delivered directly to their homes. By streamlining the grocery shopping process, GoodsMart helps users save both time and money, making daily errands more manageable.

Halan is an Egyptian technology company established in 2017, operating a mobile application that caters to various consumer needs through a single platform. The app offers ride-hailing services for two and three-wheeler vehicles, on-demand logistics solutions, food delivery, and goods transportation via motorbikes or cargo tricycles. Halan also facilitates e-payments and microfinance services for its users. It has partnered with prominent fast-food chains in Egypt to provide last-mile delivery services using smart-tech integrated systems. The company aims to enhance convenience and safety for customers while offering incremental business opportunities for drivers, supporting both large organizations and small businesses in their distribution needs.

FilKhedma is the largest home services marketplace in Egypt, specializing in connecting users with reliable service providers for a range of home maintenance and cleaning services. The platform allows users to book quality guaranteed services online, ensuring punctual appointments and transparent pricing. Service providers undergo a thorough onboarding process to ensure they meet the company's standards before receiving orders through a mobile application. FilKhedma caters to both residential and corporate clients, offering skilled technicians for various tasks, including plumbing, carpentry, electrical work, air conditioning, and more. The company operates in three major cities in Egypt, emphasizing convenience and quality in the home services sector.

Halan is an Egyptian technology company established in 2017, operating a mobile application that caters to various consumer needs through a single platform. The app offers ride-hailing services for two and three-wheeler vehicles, on-demand logistics solutions, food delivery, and goods transportation via motorbikes or cargo tricycles. Halan also facilitates e-payments and microfinance services for its users. It has partnered with prominent fast-food chains in Egypt to provide last-mile delivery services using smart-tech integrated systems. The company aims to enhance convenience and safety for customers while offering incremental business opportunities for drivers, supporting both large organizations and small businesses in their distribution needs.

La Reina is an online fashion rental platform based in Heliopolis, Cairo, Egypt, specializing in the rental of designer wedding and evening dresses, along with accessories. Founded in 2016, the company enables women to rent their bridal gowns and evening attire from one another, providing a diverse selection of designer pieces in various sizes. By facilitating an accessible marketplace for fashion, La Reina caters to those seeking affordable options for special occasions while promoting sustainable practices in the fashion industry.

FilKhedma is the largest home services marketplace in Egypt, specializing in connecting users with reliable service providers for a range of home maintenance and cleaning services. The platform allows users to book quality guaranteed services online, ensuring punctual appointments and transparent pricing. Service providers undergo a thorough onboarding process to ensure they meet the company's standards before receiving orders through a mobile application. FilKhedma caters to both residential and corporate clients, offering skilled technicians for various tasks, including plumbing, carpentry, electrical work, air conditioning, and more. The company operates in three major cities in Egypt, emphasizing convenience and quality in the home services sector.

GoodsMart is a mobile application developed to facilitate the online shopping of groceries and household products. Founded in 2013 and based in Cairo, Egypt, the company aggregates local grocery stores within its platform, allowing users to purchase a range of items including groceries, personal care, and home care products. GoodsMart offers a premium shopping experience with next-day delivery, enabling consumers to enjoy fresh products delivered directly to their homes. By streamlining the grocery shopping process, GoodsMart helps users save both time and money, making daily errands more manageable.

Elmenus is a food discovery platform based in Cairo, Egypt, founded in 2011. The company serves over 1 million monthly users by providing a comprehensive application that helps people identify nearby restaurants and explore popular dishes as rated by fellow users. Elmenus combines a social and visual experience, allowing users to browse digitized restaurant menus and engage with a community of food enthusiasts who share photos, reviews, and ratings. The company also maintains offices in several Egyptian cities, including Alexandria, El Mansoura, Sharm El Sheikh, Hurghada, El Gouna, El Ain El Sokhna, Ras Sudr, and North Coast. Through its platform, Elmenus aims to facilitate an enjoyable and personalized food discovery experience for its users.