Despite the challenges faced during the pandemic, Sehteq managed to raise over US $23 million in funding for its series A round from 971 Capital and acquired Dawa Express that same year.
Sehteq also ranked 4th highest in MENA for “first-time fundraising”, falling behind STCpay, Sweetheart Kitchen, and Jahez; the insurtech startup was also the 11th most funded startup in MENA overall in 2020.
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