Roomz.rent, the MENA region’s first co-living platform, has successfully closed its pre-seed funding round led by Qora71, a Hub71-based angel investor syndicate, along with other angel investors.
Born in Cairo, Roomz.rent provides smart, hassle-free, and flexible long-term rentals starting from 3 months, with fully managed accommodations and AI-powered flatmate matching. It solves key urban renting problems like high prices, rigid contracts, and incompatible roommates.
Since launching in November 2024, Roomz.rent has sold over $100,000 in contracts in less than five months, with an average stay of 9 months per contract. The company aims to scale first in Cairo, then expand city by city across MENA, redefining urban living.
Beyond convenience, the platform is driving real social impact by helping young professionals, expats, and students cut rental costs in half, without sacrificing comfort, privacy, or quality.
Mohamed Ayman, CEO, said:
“We’re aiming to make city living more accessible to everyone. Roomz.rent creates a new standard of urban living, one where flexibility, community, and affordability come built-in. Cairo is just the beginning.”
Youssef Salem, Director at Qora71, added:
“Roomz.rent is tackling one of the biggest and most broken categories in MENA: urban rentals. It is a unique blend of real estate operations, tech-enabled matching, and cultural relevance. In just months, they’ve shown traction and discipline we usually see at a later stage than pre-seed.”
