Mai Medhat, A founder’s journey: Taking Eventtus from a base in Cairo, to Dubai, to the US (with Bevy) - Ep. 4, Season 1

Mai Medhat is the CEO and co-founder of Eventtus; an events engagement platform and the leading event technology company in the Middle East. Eventtus has been acquired in July 2021 by Bevy, a California-based enterprise software startup for virtual conferences and community events.

Mai is an Egyptian tech entrepreneur who holds a Computer Engineering degree. She co-founded Eventtus with a mission to mobilize events after a personal experience at some events that used to be managed manually. The company raised +4M in VC funding and is successfully serving 20,000+ events in 60+ cities. Mai was named “Entrepreneur of the Year" by Arabian Business in 2016 and she has been recognized by the Global Entrepreneurship Summit as one of the most promising entrepreneurs and was invited to represent Middle East startups in an iconic panel with Former President Barak Obama and Mark Zuckerberg, Founder of Facebook.

We got to hear from Mai about the story of Eventtus, the details behind Bevy’s acquisition, and her experience as a female entrepreneur in the Arab world.

TIMESTAMPS:

00:00 Introduction

03:42 Eventtus: how it started and driving early growth

14:33 Bevy’s acquisition of Eventtus

28:33 Fundraising and changing the business model due to COVID

45:01 Opportunities and challenges in the region

49:05 Difficulties of growing a startup and advice for founders

52:50 How to choose a co-founder and the female founder experience in the region

1:00:55 Rapid fire questions and wrap up

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The Startups Arabia Podcast connects you to the most prominent founders, investors, and operators of the Arab region. You will be inspired by their success, the challenges they overcame and the opportunities they see.

This episode is sponsored by the venture capital firm, Endure Capital. Endure Capital invests in early-stage companies that will achieve extraordinary impact. If you're a founder that fits this criterion, contact the Endure Capital team on http://www.endurecap.com. Thank you to our sponsors for making this show possible.

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—--- Resources—--------:

Mai Medhat’s LinkedIn account: @Mai Medhat

Mai Medhat’s book recommendation: The Hard Thing About Hard Things

Endure Capital’s Website: https://endurecap.com/