Egypt’s Wuilt secures $535,000 investment

The investment was led by Saudi venture capital Daal

  
Business man holding phone. Image used for illustrative purpose.

Business man holding phone. Image used for illustrative purpose.

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ArabFinance: Arabic language website builder Wuilt raised a seed funding round of $535,000 (EGP 8.35 million), according to a press release.

The investment was led by Saudi venture capital Daal, with the follow-on funding from Flat6Labs Cairo, the statement added.

Wuilt currently serves more than 30,000 users in Egypt and Saudi Arabia, the company noted.

The startup intends to use the new capital to enhance its capabilities and expand its footprints in the kingdom, which comprises nearly 30% of its customer base, according to the press release.

Wuilt enables users to create their own professional websites in 5 minutes, the company stated.

Building and managing websites can start from $5 (EGP 78.08) per month, as announced earlier on Wuilt’s LinkedIn account.

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