Season 2, episode 19
Masafa
مسافة
Masafa is a Cairo-based online platform, founded in 2022, that acts as a broker for scrap and surplus building materials.
The founders asked
Unknown
The deal
5M EGP
Ayman AbbasEquity: 50%
In short: Masafa pitched in Season 2, episode 19. They walked away with a deal with Ayman Abbas: 5M EGP for 50%.
Overview
Masafa is a Cairo-based online platform, founded in 2022, that acts as a broker for scrap and surplus building materials. Businesses list leftover stock and scrap through the app and other buyers find the materials they need, turning waste into tradeable inventory. CB Insights lists Ahmed Mamdouh as founder and COO, and compares it with recycling marketplaces such as Bekia. On Shark Tank the founders accepted EGP 5 million for 50% plus 10% of profits. Ahmed Mamdouh is COO of Mrkoon, the scrap marketplace StartupScene profiled as a Shark Tank alumnus backed by Ayman Abbas.
Team and investors
After the show
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Frequently asked questions
What is Masafa?
Masafa is a Cairo-based online platform, founded in 2022, that acts as a broker for scrap and surplus building materials. Businesses list leftover stock and scrap through the app and other buyers find the materials they need, turning waste into tradeable inventory. CB Insights lists Ahmed Mamdouh as founder and COO, and compares it with recycling marketplaces such as Bekia. On Shark Tank the founders accepted EGP 5 million for 50% plus 10% of profits. Ahmed Mamdouh is COO of Mrkoon, the scrap marketplace StartupScene profiled as a Shark Tank alumnus backed by Ayman Abbas.
Who founded Masafa?
Masafa was founded by Ahmed Mamdouh, who pitched it on Shark Tank Egypt.
When did Masafa appear on Shark Tank Egypt?
In Season 2, episode 19 (2023-2024).
Did Masafa get a deal on Shark Tank Egypt?
Yes, with Ayman Abbas: 5M EGP for 50%.
Which shark invested in Masafa?
Ayman Abbas. Details →
More questions (7)
What is Masafa's valuation on Shark Tank Egypt?
The final deal valued Masafa at 10M EGP.
Where is Masafa based and when was it founded?
Masafa is based in Cairo, Egypt. Founded in 2022.
What is Masafa's website and social media?
Website: masafaapp.com. On LinkedIn and Instagram; links are on this page.
How much equity did Masafa give up on Shark Tank Egypt?
50%.
Which episode of Shark Tank Egypt was Masafa in?
Season 2, episode 19. Also in that episode: Naseej and The Box. Details →
Which sharks did Masafa pitch to?
The Season 2 panel: Ahmed El Sewedy, Mohamed Farouk, Mohamed Ismail Mansour, Abdallah Sallam, Ayman Abbas, Dina Ghabbour, Ahmed Tarek Khalil and Hend Sabry.
What sector is Masafa in?
Retail. 11 other Retail startups pitched on the show. Details →
Rating & comments
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