Amsterdam, Netherlands
Aydi is a Cairo-based B2B SaaS company founded in 2021 that helps large commercial farms in Egypt source, manage, and pay seasonal agricultural workforces. The platform digitizes farm acreage through QR-coded plot identities, provides a supervisor mobile app for real-time field tracking, and connects farms with seasonal workers on demand. As of November 2022, the company was operating in a free beta pilot with 10 commercial farm customers, 1,200 active acres engaged daily, and approximately 5,000 seasonal workers placed.
Hassan Fayed, co-founder and CEO, raised close to $2 million via a convertible note in early 2022 at an implied post-money valuation of roughly $10 million, selling approximately 20 percent of the company. The team stood at 27 full-time employees, including 11 engineers and 9 product staff, burning approximately $40,000 per month. Pricing was set to launch in December 2022 at $1 per active acre per month plus a 5 percent service charge on worker order value.
At full utilization of the 5,000 workers already on the platform, the pricing model implies roughly $3,750 per day or approximately $112,000 per month in potential revenue. The 10 current customers represent only 5 to 10 percent penetration of their total acreage, suggesting a near-term scale path to 12,000 or more engaged acres without adding a single new customer.
