{"id":548931,"date":"2022-08-28T04:00:19","date_gmt":"2022-08-28T04:00:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/28\/subsbase-raises-usd-2-4-mn-in-a-seed-round-led-by-global-ventures\/"},"modified":"2022-08-28T04:00:19","modified_gmt":"2022-08-28T04:00:19","slug":"subsbase-raises-usd-2-4-mn-in-a-seed-round-led-by-global-ventures","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/28\/subsbase-raises-usd-2-4-mn-in-a-seed-round-led-by-global-ventures\/","title":{"rendered":"SubsBase raises USD 2.4 mn in a seed round led by Global Ventures"},"content":{"rendered":"

Egyptian subscription management platform SubsBase has raised USD 2.4 mn in a see<\/strong>d round led by Global Ventures<\/strong>, according to a companypress release (pdf)<\/a>. The round saw participation from HALA Ventures, P1 Ventures, Plus Venture Capital (+VC), Plug and Play, Ingressive Capital, Camel Ventures, and existing investors Falak Startups and Arzan Venture Capital.<\/p>\n

Where the money\u2019s going:<\/strong> The funding will go towards product innovation and development, recruiting talent and increasing the company\u2019s regional presence.<\/p>\n

About SubsBase: <\/strong>Founded in 2020 by Mohamed Farag and Sherif Aziz, SubsBase is subscription-based platform for managing corporate finances. The service allows businesses to record recurring revenues and provides analytics and billing tools to monitor collection. Interestingly, the company is targeting the NBFI and real estate industries to help them manage recurring payments.}<\/p>\n","protected":false},"excerpt":{"rendered":"

Egyptian subscription management platform SubsBase has raised USD 2.4 mn in a seed round led by Global Ventures, according to a companypress release (pdf). The round saw participation from HALA Ventures, P1 Ventures, Plus Venture Capital (+VC), Plug and Play, Ingressive Capital, Camel Ventures, and existing investors Falak Startups and Arzan Venture Capital. Where the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7258],"tags":[72,95,123,2320,200],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-548931","post","type-post","status-publish","format-standard","hentry","category-startup-watch","tag-enterpriseam","tag-startup-watch","tag-startups","tag-subsbase","tag-venture-capital","wpautop","entry"],"acf":{"mongo_id":"48f6adee-7ae1-451c-9a61-a979b8697151","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[548915],"teaser":"","voice_url":""},"yoast_head":"\nSubsBase raises USD 2.4 mn in a seed round led by Global Ventures - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/28\/subsbase-raises-usd-2-4-mn-in-a-seed-round-led-by-global-ventures\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SubsBase raises USD 2.4 mn in a seed round led by Global Ventures\" \/>\n<meta property=\"og:description\" content=\"Egyptian subscription management platform SubsBase has raised USD 2.4 mn in a seed round led by Global Ventures, according to a companypress release (pdf). 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