ArabFinance: Egyptian networking app, Tays, managed to raise a 7-div pre-seed investment from various angel investors from within the Egyptian startup ecosystem, according to a recent press release.

The raise will enable Tays to start operations across Egypt and the MENA region.

The investment comes from an alliance of multiple angel investors, with some choosing to join Tays executive board.

Among these board members are the Business Development Manager at Google Ireland, the CEO of Remax Middle East, the Founder and CEO of O7 Therapy, and the facility and Procurement Director at El Ahly Capital.

Founded in 2020, Tays is a professional user to user networking app that uses a unique machine-learning algorithm to matchmake individuals based on their professional interests and aspirations to help people in expanding and maintaining their network on a professional level.

Copyright 2021 Arab Finance Brokerage Company All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an as is and as available basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.