Season 1, episode 8
Sporty Pro
سبورتي برو
Sporty Pro is an AI-driven online store and app for sportswear, sports shoes and athleisure, based in Sheikh Zayed City.
The founders asked
3.5M EGP
for 7.5% · valuation 46.7M EGP
The deal
3.5M EGP
Ahmed El Sewedy and Mohamed FaroukEquity: 40%
In short: Sporty Pro pitched in Season 1, episode 8. The founders asked for 3.5M EGP for 7.5%, valuing the company at 46.7M EGP. They walked away with a deal with Ahmed El Sewedy and Mohamed Farouk: 3.5M EGP for 40%.
Overview
Sporty Pro is an AI-driven online store and app for sportswear, sports shoes and athleisure, based in Sheikh Zayed City. It carries more than 30 brands, from Adidas, Nike, Puma and Reebok to Egyptian labels such as Magma, Sigma Fit, Fit Freak and Atum. Launched in April 2022 with iOS and Android apps following later that year, it had served over 19,000 customers and planned to expand into Saudi Arabia. Founders Sherif Zahran and Tamer Shalaby asked for EGP 3.5 million for 7.5% and closed a deal with Ahmed El Sewedy and Mohamed Farouk.
Team and investors
After the show
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Frequently asked questions
What is Sporty Pro?
Sporty Pro is an AI-driven online store and app for sportswear, sports shoes and athleisure, based in Sheikh Zayed City. It carries more than 30 brands, from Adidas, Nike, Puma and Reebok to Egyptian labels such as Magma, Sigma Fit, Fit Freak and Atum. Launched in April 2022 with iOS and Android apps following later that year, it had served over 19,000 customers and planned to expand into Saudi Arabia. Founders Sherif Zahran and Tamer Shalaby asked for EGP 3.5 million for 7.5% and closed a deal with Ahmed El Sewedy and Mohamed Farouk.
Who founded Sporty Pro?
Sporty Pro was founded by Sherif Zahran and Tamer Shalaby, who pitched it on Shark Tank Egypt.
When did Sporty Pro appear on Shark Tank Egypt?
In Season 1, episode 8 (2023).
How much did Sporty Pro ask for on Shark Tank Egypt?
3.5M EGP for 7.5%, valuing the company at 46.7M EGP.
Did Sporty Pro get a deal on Shark Tank Egypt?
Yes, with Ahmed El Sewedy and Mohamed Farouk: 3.5M EGP for 40%.
More questions (9)
Which shark invested in Sporty Pro?
Ahmed El Sewedy and Mohamed Farouk.
What is Sporty Pro's valuation on Shark Tank Egypt?
The final deal valued Sporty Pro at 8.8M EGP, against 46.7M EGP in the founders' ask.
Where is Sporty Pro based and when was it founded?
Sporty Pro is based in Sheikh Zayed City, Egypt. Founded in 2022.
What is Sporty Pro's website and social media?
Website: sportypro.com. On LinkedIn, Facebook, Instagram, TikTok, YouTube and X; links are on this page.
How much equity did Sporty Pro give up on Shark Tank Egypt?
40%, against the 7.5% offered in the pitch.
Did Sporty Pro get what it asked for on Shark Tank Egypt?
It asked for 3.5M EGP for 7.5% and closed at 3.5M EGP for 40%, so the valuation went from 46.7M EGP to 8.8M EGP.
Which episode of Shark Tank Egypt was Sporty Pro in?
Season 1, episode 8. Also in that episode: Evica and Cosmos Bionics. Details →
Which sharks did Sporty Pro pitch to?
The Season 1 panel: Ahmed El Sewedy, Mohamed Farouk, Hilda Louca, Mohamed Ismail Mansour, Abdallah Sallam and Ayman Abbas.
What sector is Sporty Pro in?
Retail. 11 other Retail startups pitched on the show. Details →
Rating & comments
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