Loom Cairo investor pitch
The investor pitch for Loom Cairo, on stage at AUC Venture Lab. The argument: Egyptian local fashion is a $4bn market that you cannot actually shop, because finding one t-shirt means opening twenty brand sites, and every aggregator that tried to fix it shipped stale inventory, too few brands, or no curation.
Loom’s answer was technical rather than editorial: an algorithm that ingests and labels product data off any local brand site, which is what let it carry 21,000 items against the next competitor’s 16,000 while still holding the brands with real equity. The traction slide at the time: 4,700 active users, 76% returning, 180% month-over-month MAU growth, 3.5-minute average retention against a market average of two. The ask was $150K for 10%.
Loom Cairo case study