Hekouky, a legaltech platform that helps entrepreneurs and company owners form organizations and register trademarks, has raised an unknown sum in a pre-seed fundraising round led by Nama Ventures.

“Our mission is to make entrepreneurs feel safe to follow their dreams, in Egypt and in the Mena region. Entrepreneurship is a test of wills, one that we will make easier by taking the legal burden off your shoulders,” said Hala Riad, Hekouky co-founder.

Why The Investor Invested

The backgrounds of the founders played a major role in the latest round of investment. Hekouky founders Hala Riad, Mayy Abdelbary, and Fatima Khalil, come from distinct backgrounds and experiences. Mayy Abdelbary, the former CTO of Paynas, has resolved to take the legal area by storm. She has 15 years of expertise, 9 of which were spent developing legal software. Hala Riad is an attorney who has worked in the fields of arbitration and corporate law. Fatima Khalil is an accountant who has previously founded three businesses.

Read also Egyptian Fintech Startup, Hollydesk, Raises $325k Pre-seed Funding Round

“We firmly believe that the regtech space in Mena is ripe for disruption,” said Mohammed Alzubi, Managing Partner at Nama Ventures. “There are tremendous inefficacies in the legal space that technology can help bridge. What we saw in Hala, Mayy, and Fatima is a team that has a very good command on what it takes to build a great regtech startup.”

Nama Ventures is a Riyadh, Saudi Arabia-based pre-seed venture capital fund focused on backing startups innovation in the MENA region.

A Look At What The Startup Does

Founded in 2021, Hekouky, a legaltech platform that helps entrepreneurs and company owners form organizations and register trademarks, has raised an unknown sum in a pre-seed fundraising round led by Nama Ventures. 

Read also Africa’s Transporters Adopt Cellulant’s Technology in Bid to Digitize the Sector

As a business owner, sorting out legal transactions may be difficult, expensive, and time-consuming. Hekouky solves this problem by providing a one-stop-shop and simple-to-use platform that streamlines the procedure.

Charles Rapulu Udoh

Charles Rapulu Udoh is a Lagos-based lawyer who has advised startups across Africa on issues such as startup funding (Venture Capital, Debt financing, private equity, angel investing etc), taxation, strategies, etc. He also has special focus on the protection of business or brands’ intellectual property rights ( such as trademark, patent or design) across Africa and other foreign jurisdictions.
He is well versed on issues of ESG (sustainability), media and entertainment law, corporate finance and governance.
He is also an award-winning write