Zoomaal

The crowdfunding marketplace for early stage innovation and social entrepreneurship in emerging markets.

  • Stage Full Product Ready
  • Industry Internet / Web Services
  • Location Beirut, LB-BA, Lebanon
  • Currency USD
  • Founded July 2012
  • Employees 10
  • Incorporation Type C-corp
  • Website zoomaal.com

Company Summary

Zoomaal is the market leader in MENA crowdfunding. To-date we have helped 130 innovative and social projects raise $1.6m through our platform. These projects created 600 jobs, 76% of which are women, and 75% of which are now self-sustainable.

In the next 2 years we want to:
- Strengthen our market share in MENA
- Scale our revenues via new subscription-based products.
- Expand to other emerging markets; beginning with Turkey and Africa

Team

  • Abdallah Absi
    Founder, CEO

    An Ashoka fellow, a veteran tech entrepreneur since 2008, and a tech geek with over 15 awards in entrepreneurship, leadership and computer science.
    LinkedIn: http://linkedin.com/in/abdabsi

  • Ziad Alame
    VP of Product

    ex-CTO at Spoke, with 5+ years experience in app development
    LinkedIn: http://linkedin.com/in/ziadalame

  • Nour Atrissi
    VP of Business Development

    Ex-founder of several startups, and Director of Startup Grind

Advisors

Previous Investors

  • Wamda
    Unconfirmed
    Middle East Venture Partners
    Unconfirmed
    Sawari Ventures
    Unconfirmed
  • Mideast Creatives Fund (Hivos)
    Unconfirmed
    Cairo Angels
    Unconfirmed

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