The investment aims to help the startup achieve prominence in the regional market.
DentaCarts, an Egyptian one-stop dental marketplace, raises $450,000 in a seed investment round led by Egypt’s AUC Angels, Saudi’s Wadi Makkah, Japan’s AAIC, and US-based global startup empowerment firm 500 Startups.
“We are in a mission to help the dentists in our region by providing them the widest range of authentic products, a premium shopping experience, and the data that can enhance their performance and profitability,” says DentaCarts' CEO, Ahmed Yahia. “The seed is a step in our journey to lead the dental eCommerce in the Middle East and Africa” he added.
Established in 2017 by Yahia and his co-founder Saad Saleh, the startup offers the widest range of authentic and high-quality dental products via authorised dealers in the region. The innovative startup did not specify how this investment with be used, but it has declared its intention to become the leader of dental eCommerce in the Middle East and Africa.
Enabling its strong efforts to disrupt the ecosystem was the Misk500 accelerator programme, where the startup participated in the programme’s first cohort. The startup aims to provide innovative solutions and overcome challenges in the industry, such as access to the market’s limited choice, over-inflated prices, and fake products that cause risk to patents’ health and safety.
The startup claims that, so far, they have served over 1,500 authorised dental clinics, and made over 10,000 delivery orders to Egypt, Saudi Arabia, Kuwait, Kenya, and Ghana. DentaCarts consists of a variety of over 10,000 items on the platform, from monthly supplies to clinic furnishing, and it has over 100 authorized dealers onboard as suppliers.
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