Exits.me, a company that automates M&A transactions for startups and SMEs has raised USD 1mn from Baseeta Investments Holding, Mawelni Holding for Financial Investments and a UK-based company that also goes by the same name.
The Egyptian company was acquired by PIE earlier this year as a marketplace for buying traditional businesses, apps and websites.
You can read that article here.
However, following the BETA release, the company transformed itself into a platform for not only M&A but to offer funding support to SMEs and startups across the MENA region.
About Exits.me
The company currently has more than 25 signed active sell/buy-side advisory mandates and 30 others in the pipeline with a total value of between USD 150-200mn. It Is also in the process of seeking a crowdfunding licence from the country’s Financial Regulatory Authority.