Roomz.rent has raised pre-seed funding from Qora71, the Hub71-based investor syndicate, alongside a group of regional angels, to scale its co-living platform across MENA.
Founded in 2024 by Mohamed Ayman (CEO), Yasser El Sarrag (CPO), and Ahmed Mandour (COO), Roomz.rent offers fully managed, long-term room rentals starting from three months. The platform matches tenants with compatible flatmates and removes common pain points like large upfront costs, rigid leases, and unreliable listings, positioning itself as a tech-enabled alternative to traditional urban rentals.
Since launching in Cairo in November, the company claims to have processed over $100,000 in contracts, with an average stay of nine months. The team says it is focused on consolidating in Cairo before expanding city-by-city across the region.
The investment marks Qora71’s second proptech deal in recent weeks. The syndicate also backed eVoost, an Abu Dhabi-based startup using AI agents to personalise and automate the real estate sales funnel.
For Qora71, both investments reflect a broader bet on real estate categories long overdue for reinvention.
“Urban rentals are one of the most broken categories in MENA,” said Youssef Salem, Director at Qora71. “Roomz.rent blends operational focus with cultural relevance and tech-enabled matching. The team has shown the kind of traction and discipline we typically see at a later stage.”
Mohamed Ayman added: “We’re building Roomz.rent to remove friction from how people rent and live in cities. Cairo is just the start — the need for flexible, high-quality co-living is a regional problem.”
