Season 3, episode 16
Hoods
هودز
Hoods is a live-shopping app, billed as the first live entertainment-commerce platform in the Middle East, that blends social media and e-commerce and operates in Egypt and Saudi Arabia.
The founders asked
5M EGP
for 5% · valuation 100M EGP
The deal
5M EGP
Ahmed Tarek Khalil and Mona AtayaEquity: 15%
In short: Hoods pitched in Season 3, episode 16. The founders asked for 5M EGP for 5%, valuing the company at 100M EGP. They walked away with a deal with Ahmed Tarek Khalil and Mona Ataya: 5M EGP for 15%.
Overview
Hoods is a live-shopping app, billed as the first live entertainment-commerce platform in the Middle East, that blends social media and e-commerce and operates in Egypt and Saudi Arabia. Shoppers watch live streams, chat with creators and buy in the app, while sellers run live channels without building their own website, payments or shipping. Founded in Cairo in 2020, it raised a $350,000 pre-seed round and backing from valU. Founder Mostafa Hanafy asked for EGP 5 million for 5% and secured EGP 5 million from Ahmed Tarek and Mona Ataya.
Team and investors
After the show
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Frequently asked questions
What is Hoods?
Hoods is a live-shopping app, billed as the first live entertainment-commerce platform in the Middle East, that blends social media and e-commerce and operates in Egypt and Saudi Arabia. Shoppers watch live streams, chat with creators and buy in the app, while sellers run live channels without building their own website, payments or shipping. Founded in Cairo in 2020, it raised a $350,000 pre-seed round and backing from valU. Founder Mostafa Hanafy asked for EGP 5 million for 5% and secured EGP 5 million from Ahmed Tarek and Mona Ataya.
Who founded Hoods?
Hoods was founded by Mostafa Hanafy and Waleed Ghalwash, who pitched it on Shark Tank Egypt.
When did Hoods appear on Shark Tank Egypt?
In Season 3, episode 16 (2024-2025).
How much did Hoods ask for on Shark Tank Egypt?
5M EGP for 5%, valuing the company at 100M EGP.
Did Hoods get a deal on Shark Tank Egypt?
Yes, with Ahmed Tarek Khalil and Mona Ataya: 5M EGP for 15%.
More questions (9)
Which shark invested in Hoods?
Ahmed Tarek Khalil and Mona Ataya.
What is Hoods's valuation on Shark Tank Egypt?
The final deal valued Hoods at 33.3M EGP, against 100M EGP in the founders' ask.
Where is Hoods based and when was it founded?
Hoods is based in Cairo, Egypt. Founded in 2020.
What is Hoods's website and social media?
On Facebook and TikTok; links are on this page.
How much equity did Hoods give up on Shark Tank Egypt?
15%, against the 5% offered in the pitch.
Did Hoods get what it asked for on Shark Tank Egypt?
It asked for 5M EGP for 5% and closed at 5M EGP for 15%, so the valuation went from 100M EGP to 33.3M EGP.
Which episode of Shark Tank Egypt was Hoods in?
Season 3, episode 16. Also in that episode: Cleo Foods and Health Tag. Details →
Which sharks did Hoods pitch to?
The Season 3 panel: Ahmed El Sewedy, Mohamed Farouk, Mohamed Ismail Mansour, Abdallah Sallam, Ayman Abbas, Dina Ghabbour, Ahmed Tarek Khalil, Yasseen Mansour, Mona Ataya and Noor Sweid.
What sector is Hoods in?
Tech. 18 other Tech startups pitched on the show. Details →
Rating & comments
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