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Egyptian SaaS Startup Qme Secures $3M in Seed Funding

by TechBuild.Africa
1 year ago
in Funding
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Egyptian SaaS startup Qme has successfully raised $3 million in a seed funding round, with participation from AHOY, a multi-sector technology company, alongside strategic angel investors from the GCC. On February 12, 2025, Qme signed a memorandum of understanding at LEAP 2025 in Riyadh.

This agreement marks an important milestone in the company’s goal of transforming customer interaction management through its AI-powered platform.

AHOY’s involvement in this funding round goes beyond financial backing. The company’s expertise in logistics, aviation, and traffic management will provide Qme with access to advanced technologies and valuable market insights.

This partnership sets the stage for the startup to broaden its regional presence and establish itself in competitive markets.

Qme also benefits from AHOY’s Startup Builder initiative, which supports entrepreneurship in the Middle East by assisting 10,000 entrepreneurs and 30,000 software developers.

AHOY’s initiative is focused on driving innovation in transportation, infrastructure, and smart city development.

The startup is on a mission to improve outdated queuing systems and appointment-booking processes. Its AI-powered platform offers solutions that reduce waiting time in line, a growing demand across healthcare, banking, and government sectors.

Since its launch in 2023, the startup has served over 100,000 customers and achieved significant reductions in average wait times and no-show rates.

With the support of this funding and its partnership with AHOY, Qme aims to expand its operations across the GCC and Africa, while also setting its sights on global markets.

The collaboration between Qme and AHOY underscores the importance of leveraging technology to solve real-world inefficiencies and scale innovative solutions across industries.

This article first appeared here.


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