M
MakanE
Helps merchants create online stores
About MakanE
MakanE operates as a dedicated e-commerce platform provider, enabling small and medium-sized enterprises (SMEs) to establish and expand their online retail presence. The company was founded in 2020 and has established its headquarters in Amman, Jordan, with additional offices in Saudi Arabia and the UAE. The founder, Moe Ghashim, currently serves as the Co-Founder & CEO.
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The firm's core business revolves around providing a suite of solutions for businesses looking to digitize their operations. MakanE's platform allows clients to create online stores and mobile applications without requiring technical expertise. The business model is structured to support merchants throughout their e-commerce journey, offering services that extend beyond initial setup. This includes integrated payment and shipping solutions, designed to streamline the sales process for their clients. The company serves a diverse client base, including SMEs, entrepreneurs, and specifically notes its role in empowering women and youth to generate sustainable income through digital commerce. Revenue is generated through tiered subscription plans for its platform.
The platform's key offerings include tools for building web and mobile storefronts, managing orders, and processing payments. It provides integrations with various payment gateways such as Tap, myFatoorah, Payfort, and PayPal, and also offers Buy Now, Pay Later (BNPL) options through a strategic partnership with ZoodPay. A significant value proposition is the assignment of a specialized team of marketing and e-commerce consultants to each client, tasked with providing guidance to foster growth. With over 12,000 customers across the Middle East, MakanE positions itself as a comprehensive partner for businesses entering or scaling in the MENA region's e-commerce market.
Latest news
Press, funding announcements and product moves mentioning MakanE.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Feb 2022 | $25M | $100M | TQ Ventures | — |
| SERIES A✓Equity / VC | Aug 2015 | $500K | $2M | Wamda Capital · 500 Global · Silicon Badia · Oasis500 | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for MakanE is 5.9K monthly website visits, down 21.3% over the last three months. MakanE's team grew 0% over the past year.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed4 investors entered at this stage
500 Global
Hala Fadel
Oasis500
MENA Venture Investments / MVI
Series A2 investors entered at this stage
Series B and later1 investor entered at this stage
TQ Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about MakanE on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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