Egyptian Startup Raises Pre-Seed Funding

Egyptian startup Roomz.rent has closed a pre-seed funding round led by Qora71, Hub71’s angel syndicate, with participation from other regional angel investors. Founded in 2024 by Ahmed Mandour and Yasser Al-Sarrag, Roomz.rent provides AI-powered room and flatmate matching services for furnished rentals on flexible leases.

The new capital will be used to scale operations in Egypt, enhance the platform’s technical capabilities, and expand into new urban centers across the MENA region. The company aims to establish a leading regional co-living brand focused on convenience and compatibility.