Founded in October 2022, RawMart set out to redefine the construction procurement world. By January 2024, its partnership with A Ventures propelled the company to new heights, with rapid growth, industry recognition, and groundbreaking achievements.
With its one-stop platform for building and finishing materials, RawMart has transformed procurement through:
- Instant pricing and fast delivery
- Competitive pricing across top brands
- Customized client services and quality assurance
Key Achievements: A Year of Exceptional Growth
Phenomenal Expansion:
In just a year, RawMart achieved:
- 9x increase in sales
- 2.5x growth in its workforce
- 6.5x rise in customer base
Industry Acclaim:
Earning recognition as a trailblazer, RawMart has:
- Ranked among Top 30 Tech-Startups in Africa 2024 by Yale University
- Finalist at Egypt’s Entrepreneur Awards
- Finalist in the LBS MENA Startup Competition in Dubai
- Won first place in the Digital Cities and AI category at GITEX AFRICA
Strategic Collaborations:
Partnerships with VIA Club CU, Schneider Electric, and major vendors like Ezz Steel have bolstered RawMart’s market presence. A Shark Tank investment from Ayman Abbas further solidified its trajectory.
A Ventures: Driving Growth and Transformation
- Funding for Growth: Critical investments fueled expansion and operational scaling.
- Strategic Insight: Expert guidance refined business operations, market entry, and product development.
- Network Expansion: Connections with key players opened doors to major vendors and developers.
- Ongoing Mentorship: Tailored support empowered the RawMart team to navigate challenges with confidence.
“We are incredibly grateful to the A Ventures team for their invaluable support and guidance. Their expertise in the investment landscape and growing multi-billion-dollar companies has given us the resources, insights, and confidence to transform the construction and procurement landscape in Africa and the Middle East. This partnership has been crucial to our growth.”
The Path Ahead
With A Ventures by its side, RawMart is poised for exponential growth:
- Market Expansion: Targeting 3% of Egypt’s total addressable market by 2030.
- Product Innovation: Developing future-ready solutions tailored to the construction industry’s evolving needs.
- Stronger Partnerships: Building strategic alliances to expand reach and solidify its position.
Together, RawMart and A Ventures are reshaping the future of construction procurement—building connections, scaling impact, and driving innovation across industries.