Amenli was founded by Shady El Tohfa, Adham Nauman in 2020.

Who are Amenli's investors?

Amenli's investors include Alter Global, EBRD Venture Capital Investment Programme, P1 Ventures, Y Combinator, ANIM Fund, Costanoa Ventures, Global Founders Capital, Liquid Ventures.

How much funding has Amenli raised?

Amenli has disclosed $1M raised across 1 of its 3 known rounds.

Where is Amenli headquartered?

Amenli is headquartered in Cairo, EG.

Amenli

YC S21

Cairo, EG · Founded 2020 · 65 employees · 13 known investors

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An online insurance broker operating in Egypt that sells insurance policies to customers significantly faster than traditional insurers. The company targets the Egyptian market, which has low insurance adoption relative to its population size and growing demand.

Also known as Amenli Insurance Pte. Ltd.

Fintech InsurTech InsuranceEgyptMiddle East and North Africa

Founders & leadership· Y Combinator alumni (S21)

Amenli was founded in 2020 by Shady El Tohfa and Adham Nauman.

Shady El Tohfa Co-Founder & CEOHe previously served as chief commercial officer at Paymob, a payments company he helped establish in 2015, which expanded to five markets and processed millions of transactions. He studied business administration at the American University in Cairo and participated in UC Berkeley's Skydeck accelerator program.

Adham Nauman Co-Founder & CTOHe previously served as Tech Lead at Paymob from 2016, where he contributed to building transaction processing infrastructure used by tens of thousands of merchants.

Omar Ezz El DinFounder

Investors · 13

Alter Globallisted by Alter GlobalSan Francisco

How we know: Alter Global's portfolio page · empowerafrica.com · the VCSheet dataset · Not right? Tell us

EBRD Venture Capital Investment Programmelisted by EBRD Venture Capital Investment ProgrammeLondon · $2.2M – $27M

How we know: Y Combinator's founder network · Not right? Tell us

P1 Ventureslisted by P1 VenturesGrand Cayman · $100K – $1M

How we know: techcrunch.com · the VCSheet dataset · open dataset · 5k.vc investor directory · Y Combinator's founder network · Not right? Tell us

Y Combinatorlisted by Y CombinatorSan Francisco · $500K

How we know: the Y Combinator directory · funding news · open dataset · 5k.vc investor directory · Not right? Tell us

ANIM Fundreported$100K – $1M

How we know: techcrunch.com · Y Combinator's founder network · Not right? Tell us

Costanoa VenturesreportedSan Francisco · $500K – $8M

How we know: Y Combinator's founder network · Not right? Tell us

Global Founders CapitalreportedBerlin · $1M

How we know: Y Combinator's founder network · Not right? Tell us

Liquid VenturesreportedSan Francisco · $250K – $5M

How we know: Y Combinator's founder network · Not right? Tell us

Also in the syndicate · 5

Cliff AngelsCostanoa VCDigital Venture Partners (DVP)GFCleadLiquid2 Ventures

Funding

SEC filings, press & company announcements

$1M disclosed across 1 of 3 rounds · 2021–2024

$1MraisedOct 2023 · 2 sources
Alter Global (lead), Digital Venture Partners (DVP)
Source ↗
Undisclosed amountseed roundOct 2021
Anim Fund (lead), GFC (lead), P1 Ventures (lead), Cliff Angels, Costanoa VC, Liquid2 Ventures
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

Related companies · 4

Ledger InvestingLedger is a brokerage and advisory firm specializing in casualty insurance-linked securities (ILS), connecting insurers and reinsurers with institutional capital providers. The firm structures transactions to provide off-balance sheet capital solutions for insurance and risk markets.

GroMoGroMo is a platform that enables individuals to earn income by selling financial products from partner brands within their networks. The company serves anyone seeking supplementary income, including working professionals, students, and homemakers, by providing education, customer management tools, and commission-based payouts.

Concord MaterialsConcord Materials provides a software platform that automates procurement and financing for construction companies while connecting them with bulk material suppliers.

SafeButlerSafeButler is a free price comparison service that aggregates insurance policies from multiple providers and helps users find affordable options. It serves individuals seeking insurance coverage in the United States.

Companies working in the same space as Amenli.

Legal entities · 1

corporate structure

Amenli Insurance Pte. Ltd.

In the news

YC-backed Amenli raises $2.3M to provide insurance to Egyptian consumers – TechCrunchtechcrunch.com · Oct 2021

Frequently asked questions

What does Amenli do?: An online insurance broker operating in Egypt that sells insurance policies to customers significantly faster than traditional insurers. The company targets the Egyptian market, which has low insurance adoption relative to its population size and growing demand.
Who founded Amenli?: Amenli was founded by Shady El Tohfa, Adham Nauman in 2020.
Who are Amenli's investors?: Amenli's investors include Alter Global, EBRD Venture Capital Investment Programme, P1 Ventures, Y Combinator, ANIM Fund, Costanoa Ventures, Global Founders Capital, Liquid Ventures.
How much funding has Amenli raised?: Amenli has disclosed $1M raised across 1 of its 3 known rounds.
Where is Amenli headquartered?: Amenli is headquartered in Cairo, EG.