Season 1, episode 5
Tap Tag
تاب تاج
Tap Tag is an app that lets shoppers scan a clothing item with their phone to see where it is sold, its size and its quality, along with the nearest store.
Watch the pitchThe founders asked
370K EGP
for 15% · valuation 2.5M EGP
The deal
370K EGP
Ayman Abbas and Abdallah SallamEquity: 15%
In short: Tap Tag pitched in Season 1, episode 5. The founders asked for 370K EGP for 15%, valuing the company at 2.5M EGP. They walked away with a deal with Ayman Abbas and Abdallah Sallam: 370K EGP for 15%.
Overview
Tap Tag is an app that lets shoppers scan a clothing item with their phone to see where it is sold, its size and its quality, along with the nearest store. A tag on the garment is read by the device and is designed to come off only after several washes. Its founder, Youssef Samir, was 14 and billed as the youngest entrepreneur on the show when the episode aired on CBC in February 2023. He asked for EGP 370,000 for 15% and got that deal from Ayman Abbas and Abdallah Sallam.
The pitch
Team and investors
After the show
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Frequently asked questions
What is Tap Tag?
Tap Tag is an app that lets shoppers scan a clothing item with their phone to see where it is sold, its size and its quality, along with the nearest store. A tag on the garment is read by the device and is designed to come off only after several washes. Its founder, Youssef Samir, was 14 and billed as the youngest entrepreneur on the show when the episode aired on CBC in February 2023. He asked for EGP 370,000 for 15% and got that deal from Ayman Abbas and Abdallah Sallam.
Who founded Tap Tag?
Tap Tag was founded by Youssef Samir, who pitched it on Shark Tank Egypt.
When did Tap Tag appear on Shark Tank Egypt?
In Season 1, episode 5 (2023).
How much did Tap Tag ask for on Shark Tank Egypt?
370K EGP for 15%, valuing the company at 2.5M EGP.
Did Tap Tag get a deal on Shark Tank Egypt?
Yes, with Ayman Abbas and Abdallah Sallam: 370K EGP for 15%.
More questions (9)
Which shark invested in Tap Tag?
Ayman Abbas and Abdallah Sallam.
What is Tap Tag's valuation on Shark Tank Egypt?
The final deal valued Tap Tag at 2.5M EGP, against 2.5M EGP in the founders' ask.
What is Tap Tag's website and social media?
On LinkedIn; links are on this page.
Where can I watch Tap Tag's pitch?
The pitch from Season 1, episode 5 is on YouTube: youtube.com/watch?v=fPsKVizmRwU
How much equity did Tap Tag give up on Shark Tank Egypt?
15%, against the 15% offered in the pitch.
Did Tap Tag get what it asked for on Shark Tank Egypt?
Yes, the deal closed on the original terms: 370K EGP for 15%.
Which episode of Shark Tank Egypt was Tap Tag in?
Season 1, episode 5. Also in that episode: Mandoobak Smart, Tutoro and Plus Gear. Details →
Which sharks did Tap Tag pitch to?
The Season 1 panel: Ahmed El Sewedy, Mohamed Farouk, Hilda Louca, Mohamed Ismail Mansour, Abdallah Sallam and Ayman Abbas.
What sector is Tap Tag in?
Tech. 18 other Tech startups pitched on the show. Details →
Rating & comments
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