Our focus is on early-stage companies – across all sectors – looking to raise LE 250,000 to LE 2 million, where we can fund a portion of the round and syndicate with other angel groups or early-stage venture funds. The company should be close or beyond commercialization stage and have a clear and defensible competitive advantage. We are looking for well articulated and cost-efficient businesses that can reach profitability preferably with a total investment of less than EGP 5 million of equity investment over the lifetime of the company.
Our minimum target return is 3 – 5 times our money back in 3 – 5 years (“three to five, in three to five”) though we firmly believe that ten times return is achievable in the Egyptian market.
Although most of our investments to date have been in the tech space, CairoAngels aim to invest across all sectors with a particular appetite for export oriented products and services. Cairo Angels are especially interested in businesses from the agricultural, logistics and energy sectors, and hope to see more women entrepreneurs applying. Cairo Angels are open to regional start-ups applying for funding as well.
