The Egypt-based interior design and home renovation startup, Shatablee has raised $1.2 million to scale operations and to accelerate its expansion in its home market.
Shatablee was founded in 2021 by Mostafa Amer to digitally transform the traditional home finishing process. The startup offers a 3D technology-powered digital platform where users can build and customise home designs in less than 30 minutes and then have the entire renovations complete in the span of 90 days.
“Shatablee boasts a top-notch team of designers, architects, and technicians, driven by the latest resource planning technologies, who work to demonstrably deliver the best quality and customer experience with reduced costs and time.”
~ Mostafa Amer, Founder and CEO of Shatablee
It provides innovative solutions enabling all homeowners in gated communities to access a faster, easier and cost effective journey with a variety of financial solutions under one single digital platform.
“The sheer size and fragmentation of the market play to our advantage. We believe that Shatablee is best suited to address the asymmetries faced by customers as well as professionals in the market, be it the lack of financing, the prolonged time to deliver that may take up to 12 months, the limited price transparency or the inadequate quality of houses created across many segments, especially within gated communities”
~ Mostafa Amer, Founder and CEO of Shatablee
The fresh funds will be used to empower the company’s ambitious growth strategy and the implementation of its expansion plans in its home market.
