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Roomz.rent Secures Pre-Seed Funding to Revolutionize Co-Living in Cairo

Malaz Madani
Malaz Madani

3 min

Roomz.

rent, Cairo’s first co-living platform, just secured pre-seed funding led by Qora71.

They offer affordable furnished rooms with flexible leases, easing the renting process.

Their tech matches tenants with compatible flatmates, enhancing city living experiences.

CEO Mohamed Ayman aims to expand beyond Cairo, boosting accessibility and community in urban housing.

Investors highlight Roomz.

rent’s innovation in the urban rental market with impressive early traction.

Back when Arageek first started covering startups across the MENA region, affordable housing was always popping up as one hell of a headache for young professionals and students alike. Finding suitable places to live without spending a fortune felt like a quest for the Holy Grail. Well, enter Roomz.rent, Cairo's first dedicated co-living platform, and they've just bagged a pre-seed funding round led by Qora71—a Hub71-based angel investor syndicate—and some additional angel investors.

Launched only in November 2024 (yeah, you read that date right—their timeline seems futuristic, but it checks out!), Roomz.rent already clocked over $100,000 worth of rental contracts in less than five months. That's pretty impressive in my book. They provide affordable furnished rooms with flexible leases starting at just three months, aiming to take the sting out of "flatmate roulette" and overly rigid tenancy terms.

Roomz.rent's system makes clever use of tech to match tenants with compatible flatmates. It's essentially Tinder for housing, minus the awkward first dates… you get me? Tenants get the convenience of fully managed homes, removing all the usual faff that comes with renting in big cities. Their tenants typically stick around for about nine months per contract, showing Roomz.rent seems to be getting something spot on in their setup.

And they're not stopping there. Founder and CEO Mohamed Ayman reckons Cairo is just the beginning. According to Ayman, the startup is determined "to make city living more accessible to everyone," building flexibility, affordability, and—importantly—community into how they approach urban housing.

Investors are definitely taking notice. Youssef Salem from Qora71 said Roomz.rent is tackling "one of the biggest and most broken categories in MENA—urban rentals," praising their mix of real estate fundamentals, clever tech-enabled matching, and cultural awareness. Salem noted the level of traction Roomz.rent showed is something you’d normally expect at a later stage than pre-seed—which I reckon sounds pretty encouraging for such an early-stage startup.

Aside from all the entrepreneurial excitement, there's a clear positive social impact too. Young professionals, expats, and students can effectively cut their rental expenses in half through Roomz.rent's affordable co-living model, without compromising comfort or privacy. It's genuinely refreshing to see initiatives that, while obviously making business sense, clearly improve life for everyday people across the region.

Well then, bright times seem ahead for Roomz.rent as they carve out their space in the tricky rental market. Here's hoping they continue solving this urban housing puzzle—one city at a tiem.

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