Techstars
Techstars Central LLC, founded in 2006 and based in Boulder, Colorado, operates as a startup accelerator and venture capital firm focused on supporting early-stage technology-oriented companies. It specializes in a mentorship-driven accelerator program, selecting ten startups each summer to participate in a three-month incubation period, offering funding of $120,000 in exchange for equity. Techstars invests primarily in sectors such as fintech, artificial intelligence, blockchain, augmented reality, and IoT, while avoiding investments in medical devices, healthcare technology, and local service-oriented businesses. In addition to its primary accelerator, Techstars has various specialized programs, including those focused on music, retail, mobility, and social impact, with global reach extending to regions such as Africa, Asia, and Latin America. The firm prefers taking minority stakes, typically between six and ten percent, without seeking board representation or investor rights. Techstars has built a robust network of entrepreneurs, mentors, and corporate partners to foster innovation and growth within its portfolio, which includes over 1,000 companies with a significant collective market capitalization.
Glamera is a mobile application designed for Arab women to easily book and pay for health and beauty services. Launched in 2019 and based in Nasr City, Egypt, the app addresses common challenges associated with scheduling appointments at salons and beauty professionals. Users can select their desired location and service, schedule appointments, and choose from various payment methods, including options for payment in the salon or through the app itself. The platform features over 200 service providers, allowing clients to discover new services while saving time and effort. Glamera also enhances the user experience by offering discounts and loyalty points through its payment gateways. The application operates in Egypt, Saudi Arabia, and the United Arab Emirates, making beauty services more accessible and convenient.
Tegarti is a cloud-based POS and omnichannel retail management platform.
Glamera is a mobile application designed for Arab women to easily book and pay for health and beauty services. Launched in 2019 and based in Nasr City, Egypt, the app addresses common challenges associated with scheduling appointments at salons and beauty professionals. Users can select their desired location and service, schedule appointments, and choose from various payment methods, including options for payment in the salon or through the app itself. The platform features over 200 service providers, allowing clients to discover new services while saving time and effort. Glamera also enhances the user experience by offering discounts and loyalty points through its payment gateways. The application operates in Egypt, Saudi Arabia, and the United Arab Emirates, making beauty services more accessible and convenient.
dopay is a cloud-based payroll and cash management service that aims to address the challenges faced by companies with unbanked employees. With approximately 2 billion people globally lacking bank accounts, many businesses struggle with handling large volumes of cash for salary payments. dopay provides a solution by enabling employers to electronically calculate and disburse salaries through its platform. Employees receive a DoPay card and app, which offer a comprehensive banking experience, facilitating cashless transactions. The company has partnered with Barclays to deliver payroll services to various multinationals, embassies, and local enterprises in Egypt, with plans to expand into other regions that are predominantly unbanked.
dopay is a cloud-based payroll and cash management service that aims to address the challenges faced by companies with unbanked employees. With approximately 2 billion people globally lacking bank accounts, many businesses struggle with handling large volumes of cash for salary payments. dopay provides a solution by enabling employers to electronically calculate and disburse salaries through its platform. Employees receive a DoPay card and app, which offer a comprehensive banking experience, facilitating cashless transactions. The company has partnered with Barclays to deliver payroll services to various multinationals, embassies, and local enterprises in Egypt, with plans to expand into other regions that are predominantly unbanked.
dopay is a cloud-based payroll and cash management service that aims to address the challenges faced by companies with unbanked employees. With approximately 2 billion people globally lacking bank accounts, many businesses struggle with handling large volumes of cash for salary payments. dopay provides a solution by enabling employers to electronically calculate and disburse salaries through its platform. Employees receive a DoPay card and app, which offer a comprehensive banking experience, facilitating cashless transactions. The company has partnered with Barclays to deliver payroll services to various multinationals, embassies, and local enterprises in Egypt, with plans to expand into other regions that are predominantly unbanked.