Cubit Ventures
Cubit Ventures is a venture capital investment firm established in 2021 and based in Cairo, Egypt. The firm specializes in backing seed-stage and early-stage technology startups, particularly those driving digital transformation in North Africa and the Middle East. With a focus on sectors such as financial services, healthcare, information technology, and consumer products, Cubit Ventures aims to support companies that contribute to the region's rapid economic growth. The firm maintains a strategic partnership with the Founder Institute, providing its portfolio companies access to a vast network of mentors and investors, enhancing their potential for success in the competitive tech landscape.
Rology is a teleradiology platform based in Cairo, Egypt, founded in 2017. The company addresses the global shortage of radiologists by efficiently matching hospitals with available radiologists based on their specializations. This service aims to reduce latency in reporting times for medical examinations such as CT and MRI scans, which have seen increased demand. Rology's platform enhances radiologists' productivity by incorporating an AI-powered DICOM reader, allowing for quicker case reviews and improved patient outcomes. By facilitating timely and remote consultations, Rology plays a crucial role in ensuring that patients receive prompt diagnostic reports regarding their health issues.
Sprints is an education technology platform that focuses on developing exceptional tech talent capable of competing on a global scale. It offers a unique "Guaranteed-Hiring" model, where learners only pay for their education upon securing employment. Sprints provides an end-to-end solution that begins with assessing the skills of tech candidates, followed by a tailored learning journey designed to enhance their abilities and ensure job placement. This approach not only addresses the tech talent gap but also fosters career growth for its alumni. With a community of over 100,000 tech professionals, Sprints serves as a valuable resource for employers seeking to evaluate, hire, and compensate global tech talent effectively.
ElGameya is a Cairo-based company established in 2018 that specializes in a digital savings platform designed to facilitate systematic savings and loans among friends. The application enables users to manage their ROSCA (Rotating Savings and Credit Association) cycles effectively, allowing them to digitize private money cycles or connect with others in public circles who have similar saving and lending capabilities. Additionally, ElGameya's app includes a marketplace where users can access exclusive discounted products as a cash-out option, enhancing the overall user experience. The platform promotes micro-credit and collaborative lending services, which are rooted in the sharing economy, enabling users to create, join, and manage their money cycles easily and accurately online.
ILLA is a logistics company based in El Dokki, Egypt, specializing in middle-mile delivery services for fast-moving consumer goods (FMCG) companies. Founded in 2017, ILLA employs a digitized approach to manage the delivery process, enhancing efficiency from planning to execution. The company offers services tailored to both modern and traditional trade, as well as internal supply needs. By leveraging a diverse network of trucks with varying capacities, ILLA functions as an internal fleet for its clients, providing them with complete control and visibility over their logistics operations. This dynamic solution enables FMCG companies to effectively navigate the challenges of delivering products to various retail and non-retail outlets, ultimately driving sales growth.
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