Expand Cart - About the company
Expand Cart is a series A company based in Cairo (Egypt), founded in 2016 by Yasser Seleem and Amr Shawqy. It operates as a SaaS-based solution that enables retailers to create & maintain an online store. Expand Cart has raised $5.35M in funding from investors like Betatron Venture Group, Sawari Ventures and Agility. The company has 2162 active competitors, including 217 funded and 165 that have exited. Its top competitors include companies like Shopify, Squarespace and Weebly.
Company Details
Expand Cart is a SaaS-based solution that helps retailers to sell online. The company enables businesses to build a responsive web storefront along with a customized mobile app. It allows them to add products to the store and offers an optimized checkout page with integrated payment gateways like PayPal and shipping solutions like FedEx. It also helps retailers to promote their products on social media via affiliates. The company offers the solution on subscription-based policy.
- Website
- expandcart.com/en/
- Social
- Email ID
- *****@expandcart.com, *****@expandcart.com
- Phone Number
- +20 **********
Key Metrics
Founded Year
2016
Location
Cairo, Egypt
Stage
Series A
Total Funding
$5.35M in 4 rounds
Latest Funding Round
Investors
Ranked
151st among 2162 active competitors
Employee Count
21 as on Aug 31, 2026
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Expand Cart's funding and investors
Expand Cart has raised a total funding of $5.35M over 4 rounds. Its first funding round was on Oct 08, 2019. Its latest funding round was a Series A round on Jan 17, 2022 for $*****. 3 investors participated in its latest round. Expand Cart has 7 institutional investors.
Here is the list of recent funding rounds of Expand Cart:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 17, 2022 | 1268325 | Series A | 6654145 | 8292277 | 6851167 | 1035957 |
Nov 22, 2020 | 1942771 | Series A | 3250694 | 5937266 | 5918903 | |
Jan 05, 2020 | 5196077 | Seed | 8548205 | 6501372 | 4356002 |
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Expand Cart's founders and board of directors
Founder? Claim ProfileThe founders of Expand Cart are Yasser Seleem and Amr Shawqy.
Here are the details of Expand Cart's key team members:
- Yasser Seleem: Co-Founder & CEO of Expand Cart.
- Amr Shawqy: Co-Founder & CTO of Expand Cart.
View details of Expand Cart's Founder profiles and Board Members
Expand Cart's employee count trend
Expand Cart has 21 employees as of Aug 26. Here is Expand Cart's employee count trend over the years:
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Expand Cart's Competitors and alternates
Top competitors of Expand Cart include Shopify, Squarespace and Weebly. Here is the list of Top 10 competitors of Expand Cart, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of an all-in-one commerce platform for businesses of all sizes | $122M | 88/100 | ||
2nd | Squarespace 2003, United States, Acquired | Provider of tools for website creation, hosting, and online business | $591M | 81/100 | |
3rd | Weebly 2007, San Francisco (United States), Acquired | Provider of tools for website creation, e-commerce, and marketing | $39.8M | 76/100 | |
4th | Provider of end-to-end e-commerce solutions, encompassing management and business insights | $119M | 73/100 | ||
5th | Platform powering online and in-store retail operations using AI-driven tools | $16M | 72/100 | ||
6th | AnyMind Group 2016, Minato (Japan), Public | Provider of e-commerce, marketing, and manufacturing platforms | $91.7M | 72/100 | |
7th | CommerceIQ 2012, Mountain View (United States), Series D | Provider of unified AI platform for retail ecommerce sales and optimization | $196M | 71/100 | |
8th | WooCommerce 2008, Cape Town (South Africa), Acquired | Developer of an open-source platform for customizable ecommerce solutions | - | 69/100 | |
9th |  Cart.com 2020, Houston (United States), Series D | Provider of unified commerce and logistics solutions for business growth | $735M | 69/100 | |
10th | Provider of suite solution for businesses | $4.2M | 69/100 | ||
151st | Expand Cart 2016, Cairo (Egypt), Series A | SaaS-based solution that enables retailers to create & maintain an online store | $5.35M | 41/100 |
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Expand Cart's Investments and acquisitions
Expand Cart has made no investments or acquisitions yet.
Reports related to Expand Cart
Here is the latest report on Expand Cart's sector:
News related to Expand Cart
•
Founders of well-funded Egyptian B2B startup Capiter fired following fraud allegationsTechCrunch+•Sep 10, 2022•Capiter, opay.eg, elmenus, Expand Cart
•
ExpandCart, an Egyptian e-commerce start-up, has raised $2.7 million in a Pre-Series B funding roundTechgist Africa•Jan 20, 2022•Expand Cart, Betatron Venture Group, Sawari Ventures, Agility
•
Egyptian e-commerce startup ExpandCart raises $2.5m Series A funding roundDisrupt Africa•Nov 24, 2020•Expand Cart, Sawari Ventures, Agility, Graphene Ventures
•
Egypt’s ExpandCart Raises $2.5 Million Series A to Help Merchants Build Online StoresVOLANEWS•Nov 23, 2020•Expand Cart, Sawari Ventures, Agility, Graphene Ventures
•
Egypt’s ExpandCart raises $2.5 million Series A to help merchants build online storesMENAbytes•Nov 22, 2020•Expand Cart, Agility, Sawari Ventures, Graphene Ventures
•
Agility helps organisations increase online salesBusinesschief•Jun 05, 2020•Shipa, Expand Cart, Agility
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