Funding

Egyptian Fitness App Welnes Raises US$300,000 Seed Round For Expansion

EGYPT – Egypt’s Welnes has secured a US$300,000 seed round with participation from Samurai Incubate, UI Investments, and a group of angel investors in January 2022, led by Flat6labs.

Welnes is a community app that connects users with top-tier nutritionists and trainers to help them achieve their weight loss and lifestyle objectives.

The funds from this round will be spent on expanding the team and preparing the company for GCC expansion by 2023.

The startup was founded in 2020 by serial entrepreneurs Amr Saleh (CEO) and Amr Diab (CTO), both of whom have product experience in industries such as fintech, IoT, and blockchain.

The platform provides individualized nutrition and training plans for a variety of lifestyles, including Keto, Low Carb, Plant-Based, and more.

The programs are delivered in a group setting, which organically encourages other users, dietitians, and trainers to participate.

The app also features a robust gamification model that keeps users motivated and committed to following through on their programs.

To date, Welnes has helped over 15,000 users who have uploaded an impressive 500,000 meal pictures and made over 5,000,000 likes.

Our customers love the product, they come for the nutrition and workout plans and they stay for the community,” said Amr Saleh, co-founder, and CEO of Welnes.

We have a very strong technical team who built a great product and we can’t wait to spread it out across all segments of the market.”

Good nutrition, physical activity, and healthy body weight are essential parts of a person’s overall health and well-being.

Together, these can help decrease a person’s risk of developing serious health conditions, such as high blood pressure, high cholesterol, diabetes, heart disease, stroke, and cancer.

A healthful diet, regular physical activity, and achieving and maintaining a healthy weight also are paramount to managing health conditions so they do not worsen over time.

According to a report, regular physical activity lowers blood pressure and improves cholesterol levels.

In addition, it strengthens bones and muscles and slows the loss of bone density that comes with age. Physical activity also helps with arthritis and other rheumatic conditions affecting the joints.

The start-up’s community-focused approach will let more people increase awareness of their bodies by taking care of what they take in every day.

Source
DealStreet Africa News

Nichole Manhire

Is the media and brand manager at GFA News. She works very closely with editors and podcasters that contribute to telling the African business success story. For marketing and advertising send Nichole an email: nichole@getfundedafrica.com

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