Endeavor Egypt Welcomes Amir Barsoum to the Board of Directors
Authors: Mohamed Rahmy, Managing Director and Zeina Foda, Communications and Development Analyst
CAIRO, EGYPT– June 13, 2017 – Endeavor Egypt welcomes Endeavor Entrepreneur, Co-Founder and CEO of Vezeeta Amir Barsoum to its Board of Directors. Under the Chairmanship of Ayman Ismail, CEO of DMG, Amir joins Amr Shady, CEO of TA Telecom, Mohamed Azab, CEO of Seha Capital, and Khaled Bichara, Managing Partner of Accelero Capital at the Board of Directors of Endeavor Egypt.
Endeavor Egypt’s board of directors are instrumental to advancing Endeavor’s mission and to promoting sustainable economic growth in Egypt through supporting high impact entrepreneurship. Board members are entrepreneurship champions who share a common commitment to help create the next generation of entrepreneurial success stories and through their strategic guidance and engagement to building a thriving ecosystem that will continue to generate innovation, wealth, and employment for decades to come. Today, Endeavor Egypt supports 46 high-impact entrepreneurs leading 24 companies. Endeavor Egypt Entrepreneurs businesses have collectively generated over EGP2.2 billion in revenues in 2016 and since selection created 6,400 jobs.
“I admire Amir’s leadership and willingness to give back to the entrepreneurship ecosystem,” remarked Mohamed Azab, Endeavor Entrepreneur and Egypt board member. “I am very happy to see Amir setting another example of the Endeavor Entrepreneur-turned-Board Member take place in Egypt and look forward to working together for the benefit of entrepreneurs in Egypt.”
In 2012, Barsoum founded Vezeeta, a leading digital healthcare app offering solutions in patients’ appointment booking, accessing a comprehensive directory of clinics and doctors and rating patients’ experiences. Since his selection as an Endeavor Entrepreneur in 2014, Amir has come to exemplify what it means to be a High Impact Entrepreneur; scaling-up Vezeeta and tangibly contributing to the creation of wealth and high-quality jobs in Egypt, while not sparing an effort to give back to Egypt’s burgeoning entrepreneurial ecosystem. All the while, exemplifying Endeavor’s ethos and values.
Barsoum has successfully led Vezeeta to cater to 60,000 monthly bookings today for a network of 3,500 subscribed doctors across five governorates in Egypt and is currently regionally expanding into Jordan and Lebanon. Vezeeta has raised a total of $10.5 million in funding to finance its scale-up journey to date, including $500,000 investment from Catalyst Fund, Endeavor’s co-investment fund that invests exclusively in Endeavor Entrepreneur.
“It has been a fruitful journey with Endeavor since our selection” expressed Barsoum. “Through Endeavor’s strong network and quality advisors, we have managed to grow Vezeeta to where it is today operating in three MENA markets. I am thrilled to join Endeavor Egypt board and hope we continue to support Egyptian entrepreneurs in scaling up their companies.”