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2024 Revenue

$3.1M

Customers

20K

Funding

$2.7M

YOY

37.7%

Avg ACV

$153

Team

39

Founded

2013

How ExpandCart CEO Amr Shawqy grew to $3.1M revenue and 20K customers in 2024.

Developer of a website creation platform designed to create an affordable site for displaying the features of a company online. The company's platform offers an interface to create blog, website or online stores by adding media and documents like pictures as well as videos so that entrepreneurs can showcase their work, enabling clients to promote their works to potential buyers, share their story with like-minded people and be an authority on personal and professional interests.

Last updated

ExpandCart Revenue

In 2024, ExpandCart's revenue reached $3.1M. The company previously reported $2.2M in 2023. Since its launch in 2013, ExpandCart has shown consistent revenue growth.

ExpandCart Revenue GrowthReported revenue / ARR over time$0$2M$4M$6M$8M$10M2013201520172019202120232024$0$8.8M$3.1MSource: GetLatka.com
YearMilestoneQuote
2024ExpandCart Hit $3.1m revenue in October 2024
2023ExpandCart Hit $2.2m revenue in December 2023
2021ExpandCart Hit $8.8m revenue in April 2021
2013Launched with $0 revenue

ExpandCart Valuation, Funding Rounds

ExpandCart has not publicly disclosed its valuation. The company has raised $2.7M in total funding to date.

ExpandCart has raised $2.7M in total funding across 2 rounds, with its most recent round in 2020.

ExpandCart Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$600K$0.4$1.2M$0.6$1.8M$0.8$2.4M$1$3M20132014201520162017201820192020Source: GetLatka.com
YearRoundAmountValuation% SoldQuote
2020Funding round$2.5M--
2019Funding round$150K--

Founder / CEO

Amr Shawqy

CEO

Amr Shawqy is listed as CEO at ExpandCart.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

ExpandCart serves 20K customers.

ExpandCart Employees & Team Size

ExpandCart employs approximately 39 people as of 2026. It serves 20K customers that rely on its solutions.

ExpandCart Team GrowthReported headcount over time040801201602002013201520172019202120232024003939Source: GetLatka.com
YearMilestone
2024Reached 39 employees (October 2024)
2023Reached 39 employees (December 2023)
2022Reached 56 employees (December 2022)
2021Reached 186 employees (December 2021)
2021Reached 162 employees (April 2021)

Frequently Asked Questions about ExpandCart

What is ExpandCart's revenue?

ExpandCart generates an estimated $3.1M in annual revenue.

Who founded ExpandCart?

ExpandCart was founded by Amr Shawqy.

Who is the CEO of ExpandCart?

The CEO of ExpandCart is Amr Shawqy.

How much funding does ExpandCart have?

ExpandCart raised $2.7M across 2 rounds.

How many employees does ExpandCart have?

ExpandCart has 39 employees.

Where is ExpandCart headquarters?

ExpandCart is headquartered in Giza, Egypt.

Compare ExpandCart to the industry

ExpandCart operates across multiple industries. Browse revenue, funding, and growth data for ExpandCart in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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