Egypt’s Convertedin Raises USD 3 Mn Seed Round

Egypt-based marketing platform Convertedin has raised a USD 3 Mn Seed round, led by Saudi Arabia-headquartered Merak Capital, with participation from 500 Global and MSAS. The startup plans to use the funds to launch operations in Brazil while expanding its presence in Egypt and Saudi Arabia.

Convertedin is a marketing operating system built for companies to drive e-commerce sales and grow their revenue. With its advanced technology, the company helps to unify zero-party and first-party data, unlock value for businesses, create marketing efficiencies, and have a singular focus on growing revenue.