How much funding has Amenli raised?

Amenli has raised $5.6M in total funding, most recently a Venture Round.

Who are Amenli's investors?

Amenli's investors include EBRD Venture Capital, Alter Global, Y Combinator Continuity Fund, QIC Digital Venture Partners, P1 Ventures, Global Founders Capital.

Where is Amenli headquartered?

Amenli is headquartered in Cairo, Egypt.

What industry is Amenli in?

Amenli operates in Fintech, Insurance.

Amenli

Offers insurance to customers in a convenient & transparent way

Cairo, Egypt · Founded 2020 · $5.6M raised

Fintech

Insurance

YC S21

Headquarters: Cairo
Employees: 51–200
Founded: 2020
Website: amenli.com

Total Funding: $5.6M
Last Round: $2.3M Venture RoundNov 2024
Rounds: 3

About

Amenli is the first licensed online insurance broker in Egypt. Egypt has one of the lowest insurance penetrations in the world with a 100m population and a $2B GWP market growing 20+% YoY and a potential TAM of $10B. Over the past few months, Amenli issued 500+ policies in less than 10 mins compared to the minimum of 3 weeks industry standard. Amenli co-founders, Shady & Adham were founding team members of Paymob, one of the fastest growing payment companies in MENA. Shady was CCO and Adham was its Tech Lead and they worked together for more than 3 years to scale-up Paymob from scratch to 50K+ merchants, 5 countries and dozens of millions of monthly transactions.

Summary

Amenli is a Fintech company based in Cairo, Egypt, founded in 2020. It has raised $5.6M in total across 3 rounds, most recently a $2.3M Venture Round round in Nov 2024. Investors include EBRD Venture Capital, Alter Global and Y Combinator Continuity Fund.