Egypt’s Efreshli Secures Seed Round

Egypt-based interior design startup Efreshli has raised an undisclosed seed funding round led by AlgebraVentures. 500 Startups, Dar Ventures, and angel investors also participated. Founded in 2019 by Heba El Gabaly, Efreshli allows customers to visualize room setups before purchasing using its virtual decor tool.

The platform showcases and sells thousands of products from over 150 Egyptian brands, offering a streamlined home shopping experience. The new funding will enhance Efreshli’s offerings and expand its product line.

This follows a USD 500 K seed round raised by Efreshli in 2021 as the company continues to innovate in Egypt’s interior design and e-commerce markets.