SOURCE: Forbes Middle East - Shagga3App Secures $100,000 In Seed Funding
Shagga3App, a mobile application that allows users to upload/ record their cheering videos to their sports team secured $100,000 in a seed funding round from a group of angel investors including Hazem Shisha and Dia Alaasar- founders of Fame Sports Marketing company and Real Madrid Football Academy in Egypt, and from two other undisclosed investors from the media and marketing sector.
The app, which was founded in January 2018 by Sherif Hossny, is designed for the four Arab countries which qualified to the World Cup Russia 2018. Users from Egypt, Saudi Arabia, Tunisia, and Morocco can upload a 20-seconds video while cheering their national team. The video with the highest likes in any week will win a trip to the World Cup 2018 including hotel accommodation, flight tickets, and match tickets.