Shatablee, an Egyptian digital interior design & build platform, has raised $1.2 Million in funding to scale its operations.
Founded in 2021, Shatablee aims to digitally transform the traditional home finishing process through unprecedented solutions enabling all homeowners in gated communities to have access to a faster & easier journey yet cost-effective with a variety of financial solutions under one single digital platform.
Shatablee allows users to select the unit type they want within their home to view a variety of design packages, from premium to exclusive to luxurious.
The user can then personalize the space and choose from various financing options before submitting an order. Shatablee begins the build phase once an order has been confirmed. The entire process takes approximately 90 days.
“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” said Mostafa Amer, founder and CEO of Shatablee.
According to the founder, the capital raised will be used to empower the company’s ambitious growth strategy and the implementation of its expansion plans in its home market.