“Social Champ” receives investment as a part of Wadi Accelerator Program
Social Champ, a tool to schedule and optimizing social media presence, has received investment from Wadi Accelerartor Program. Although the investment amount is not officially announced but we can fairly guess that the amount is 100K USD at a valuation of $1M as a standard ticket from Oman Tech Fund Wadi Accelerator Program.
We reached out to Sameer, Founder of Social Champ, to confirm the figure, he hasn’t officially acknowledged the amount raised.
Social Champ was one of the 12 startups selected from the entire MENA region for the second cohort of the OTF Wadi Accelerator Program, a seed stage fund, and accelerator program founded by the Oman Tech Fund, advised by 500 Startups
Wadi Accelerator offers growth hacking tools, mentoring, and investment in tech startups in Oman and MENA region over a period of 3 months. At the end of the acceleration program, the startups are given an opportunity to participate in the Investor Showcase where they pitch their business ideas to an audience of corporate decision-makers, investors, and other professionals for future investment and partnerships.
“Our Investor Showcase is a first-look at how our startups apply some of the region’s leading business model innovations and technologies. In meeting our startups, guests explore commercial engagements and investment opportunities. And we are excited to learn that many of our guests either secured contracts or arranged for future meetings,” commented Charles.
Founded in 2017 by Sameer Ahmed Khan, Social Champ is an online tool that helps influencers, marketers, and SMEs manage their social media accounts from one platform and automate their social media content.
Social Champ now plans on using this investment to scale in the MENA region and is already in talks with many leading corporations for potential future collaborations.