Season 1, episode 11
I Ape
آي أيب
I Ape is an Egyptian startup that builds cars to order, so each vehicle is made to match what an individual customer asks for rather than coming off a standard production line.
The founders asked
3M EGP
for 10% · valuation 30M EGP
Result
No investment
They left without a deal
In short: I Ape pitched in Season 1, episode 11. The founders asked for 3M EGP for 10%, valuing the company at 30M EGP. They left without a deal.
Overview
I Ape is an Egyptian startup that builds cars to order, so each vehicle is made to match what an individual customer asks for rather than coming off a standard production line. It is aimed at buyers who want a car tailored to their own needs. The founders brought the business to Season 1 of Shark Tank Egypt to raise growth capital, valuing the company at EGP 30 million. Little public information about the brand is available beyond its appearance on the show.
The pitch
In Season 1, Episode 11, the I Ape founders asked for EGP 3 million in exchange for 10% of the company. The sharks thought the implied EGP 30 million valuation was too high for the business at that stage, and the team left without a deal.
Services & products
- Made-to-order carsVehicles built to each customer's specific order instead of off-the-shelf models.
Team
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After the show
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Frequently asked questions
What is I Ape?
I Ape is an Egyptian startup that builds cars to order, so each vehicle is made to match what an individual customer asks for rather than coming off a standard production line. It is aimed at buyers who want a car tailored to their own needs. The founders brought the business to Season 1 of Shark Tank Egypt to raise growth capital, valuing the company at EGP 30 million. Little public information about the brand is available beyond its appearance on the show.
When did I Ape appear on Shark Tank Egypt?
In Season 1, episode 11 (2023).
How much did I Ape ask for on Shark Tank Egypt?
3M EGP for 10%, valuing the company at 30M EGP.
Did I Ape get a deal on Shark Tank Egypt?
No. I Ape left the tank without a deal.
What does I Ape offer?
Made-to-order cars.
More questions (3)
Which episode of Shark Tank Egypt was I Ape in?
Season 1, episode 11. Also in that episode: Labtronic, Schoolz and Asfoura. Details →
Which sharks did I Ape pitch to?
The Season 1 panel: Ahmed El Sewedy, Mohamed Farouk, Hilda Louca, Mohamed Ismail Mansour, Abdallah Sallam and Ayman Abbas.
What sector is I Ape in?
Services. 18 other Services startups pitched on the show. Details →
Rating & comments
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