Hekouky, a legaltech platform that enables entrepreneurs and company owners form companies and register trademarks, has raised an undisclosed amount in a pre-seed funding round led by Nama Ventures.
The funds will be used to expand the women-led startup’s operations across Egypt.
“Our mission is to make entrepreneurs feel safe to follow their dreams, in Egypt and in the Mena region. Entrepreneurship is a test of wills, one that we will make easier by taking the legal burden off your shoulders,” said Hala Riad, Hekouky co-founder.
“We firmly believe that the regtech space in Mena is ripe for disruption,” said Mohammed Alzubi, Managing Partner at Nama Ventures. “There are tremendous inefficacies in the legal space that technology can help bridge. What we saw in Hala, Mayy, and Fatima is a team that has a very good command on what it takes to build a great regtech startup.”
As a business owner, sorting out legal transactions may be difficult, expensive, and time-consuming. Hekouky solves this problem by providing a one-stop-shop and simple-to-use platform that streamlines the procedure.
Hala Riad, Mayy Abdelbary, and Fatima Khalil, three co-founders with diverse backgrounds and experiences, founded Hekouky. Mayy Abdelbary, the former CTO of Paynas, has decided to take the legal space by storm. She has 15 years of expertise, 9 of which were spent developing legal software. Hala Riad is an attorney who has worked in the fields of arbitration and corporate law.Fatima Khalil is an accountant who has previously founded three companies.
What links these women is a passion, a commitment, and a vision: to make the law more accessible to all, and to make legal transactions easier, quicker, and more traceable for entrepreneurs.