Egypt-based marketing operating system for E-commerce brands Convertedin raised $3 million in SEED led by Saudi Arabia headquartered Merak Capital where 500 Global and MSAS also participated.
Convertedin is designed for brands and businesses that want to run personalised and scalable campaigns, convert customers, achieve measurable results, and grow revenue from a single platform. Convertedin collaborates with both domestic and multinational brands in Africa, the Middle East, and South America. Convertedin will open its first office in South America in the Brazilian city of Rio de Janeiro as part of its expansion plans. Convertedin will also use the funds to further develop its platform and hire strategically.
