Egyptian Startup Efreshli Raises USD 550 K Seed Round

Egyptian online interior design firm Efreshli has raised a USD 550 K seed round led by angel investor Tarek Sakr and property developer Marakez. The startup plans to use the funds to finance Efreshli’s geographical expansion and develop its tech infrastructure.

The startup aims to offer a new and accessible way to furnish homes, offices, or any other space through their virtual decor tool that allows customers to visualize how room setups will look before they make a purchase. Efreshli works with furniture and decor brands to curate rooms based on customers’ personal aesthetic style and budget while also assisting with the purchase of the items.