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Monday, 8 June 2020

Shezlong raises fresh funds for regional expansion

STARTUP WATCH- Shezlong raises fresh funds for regional expansion: Online psychotherapy platform Shezlong has raised an undisclosed amount of financing from Asia Africa Investment Consulting, angel fund HIMangel, and investor Mohamed El Khamissy, Menabytes reports. Founder and CEO Ahmed Abu El Haz said the new funds would be used to expand “vertically and horizontally” in the Middle East, and provide new products such as texting-based therapy and corporate wellness programs. Shezlong raised USD 350k last year, and won a USD 100k grant from Expo 2020’s Innovation Impact Grant Program.

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