Qme, an AI-driven B2B SaaS startup based in Egypt, has raised $3 million in a seed funding round led by AHOY, a multisector technology company, along with angel investors from the GCC. The investment will help Qme enhance its technology, expand its reach, and build strategic partnerships.
Qme to Revolutionize the Queuing Experience in Egypt
Founded in 2022 by Maged Negm, Qme is tackling one of MENA’s biggest inefficiencies—outdated queuing and appointment booking systems. Studies show that people in the region lose up to six months of their lives standing in line. Moreover, 92% of appointments are still booked over the phone, leading to a 31% no-show rate.
Qme’s AI-powered platform integrates booking, queuing, analytics, and payment solutions, helping businesses streamline operations and improve customer experiences.
💬 Maged Negm, CEO & Co-Founder of Qme:
“Our partnership with AHOY is a major milestone. Their operational excellence and tech stack will help us optimize movement in dynamic environments while transforming customer interactions.”
AHOY’s Strategic Investment in Qme Egypt
AHOY, a regional tech leader specializing in logistics, aviation, and traffic management, aims to support Qme with:
- Cutting-edge AI & digital infrastructure
- Market expertise for regional and global expansion
- Integration into AHOY’s Startup Builder Initiative
The Startup Builder Initiative is a program that aims to empower 10,000 entrepreneurs and support 30,000 software developers in MENA by 2030. Qme’s inclusion in the initiative will accelerate its growth and drive innovation in transportation, aviation, and smart cities.
💬 Jamil Shinawi, CEO & Co-Founder of AHOY:
“Qme’s vision aligns with our goal of reducing friction in everyday processes. Their ability to streamline customer journeys fits perfectly with AHOY’s mission of solving real-world inefficiencies through innovation.”
Qme’s Impact Since Launch
Since its commercial launch in Q4 2023, Qme has already made a significant impact:
- 100,000+ customers served across healthcare, banking, and government sectors
- Reduced average wait times from 116 minutes to just 14 minutes
- No-show rates for phone bookings dropped below 1%
- Paper-based queuing systems eliminated, saving 50,000 sqm of paper
Expanding Across GCC & Africa
With this fresh funding, Qme plans to:
- Enhance its AI and technology stack
- Expand operations into new markets
- Strengthen partnerships with businesses and governments
By leveraging AHOY’s expertise and resources, Qme is well-positioned to redefine customer experiences in MENA and beyond. The partnership paves the way for a future where waiting in line becomes a thing of the past.
