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WafR

In Morocco, 90% of sales for FMCG brands are made in grocery stores. In this channel, it is extremely complex to set up promotions to guide grocers' choice to maximize sales of one brand at the expense of the competitor, and customers' choice to turn to that same brand. WafR solves this problem. Our application creates a mechanism for increasing market share by paying grocers only after they have maximized sales of your brand. Customers, in turn, benefit from an immediate promotion at the time of purchase, encouraging them to choose your brand over the competition. This gives you powerful leverage to turn grocers and customers to your brand in tens of thousands of grocery stores. Translated with DeepL.com (free version)

Created with Highcharts 11.4.6Highcharts.com

Total Fundraised$2.3M

Seed
Pre-Seed
Calendar Image2021
Established
HeadquarterGradient ImageCasablanca, Morocco
Headquarter
OperationalGradient Image
MAR
Operational Market
SectorGradient Image
Apps
Retail & Wholesale
Retail Technology
Retail
Mobile Apps
Sectors
EmployeeGradient Image11 - 50
Employees
PinGradient ImageSeed
Latest Known Stage
GlobeGradient Imagehttps://www.wafr.co/
Website

WafR's Stages

Round Image

Pre-Seed

Round Image

Seed

Funding Types by Funds Raised (in USD)

Created with Highcharts 11.4.6Funding TypeTotal Amount372K372K1.9M1.9MRound Raised in USDPre-SeedSeed0100K200K300K400K500K600K700K800K900K1M1.1M1.2M1.3M1.4M1.5M1.6M1.7M1.8M1.9M2MHighcharts.com

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Cumulative Funding Raised Over Time

Created with Highcharts 11.4.6Total Amount in USDFunding Rounds Over TimeTotal Raised in USDQ1 2022Q2 2022Q4 2022Q1 20250500K1M1.5M2M2.5MHighcharts.com

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WafR's Investors by Funding Rounds

Funding Round

Announced Date

Disclosed Investors

Round Amount (USD)

Funding Type Image
Pre-Seed
20 Feb 2022

372K

1 Investors

Funding Type Image
Seed
06 Apr 2022

267K

2 Investors

Funding Type Image
Seed
08 Nov 2022

First Circle Capital

120K

1 Investors

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WafR's
Key Team Members

Ismail Bargach

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