Egyptian B2B SaaS startup Qme has raised US$3 million in a seed funding round to enhance its technology stack, expand its operational reach, and forge deeper partnerships.
Founded in 2022 by Maged Negm, Qme is an AI-based digital infrastructure integrating booking, queuing, analytics, and payment solutions.
Since its commercial launch in Q4 2023, Qme has served over 100,000 customers in the healthcare, banking, and government sectors, reducing waiting times from 116 minutes to just 14 minutes.
The startup’s US$3 million seed round was led by AHOY, a multi-sector technology company, alongside a group of angel investors from the GCC. Qme is part of AHOY’s Startup Builder Initiative, a programme that aims to empower 10,000 entrepreneurs and support 30,000 software developers across the Middle East and North Africa (MENA) region by 2030.
The new funding will allow Qme to enhance its technology stack, expand its operational reach, and forge deeper partnerships.
“Our partnership with AHOY is a major milestone, as it strengthens our ability to optimise movement in dynamic, real-world scenarios while transforming customer experiences. AHOY’s operational excellence and robust tech stack are invaluable as we scale in vibrant markets,” said Maged Negm, CEO and co-founder of Qme.
“Qme’s platform aligns perfectly with our ethos of reducing friction in everyday processes,” said Jamil Shinawi, CEO and co-founder of AHOY. “Their ability to streamline the customer journey resonates with AHOY’s mission of solving real-world inefficiencies through innovation. The collaboration leverages AHOY’s multi-sector expertise and visionary approach to help Qme penetrate complex markets across the GCC and African regions and advance globally.”
