# PIE: portfolio, investments and team

> PIE is a vc firm based in Egypt. 23 investments on record, latest Oct 2013. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/pie (Millionrounds; every figure on the page links to its filing or article)

Egypt · [Investor](https://millionrounds.com/investors)

# PIE

Last cheque observed Oct 2013. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet VC firm Website unconfirmed

Seed Management Consulting

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 23 on record

Since the last cheque **4763** days **00** hrs **00** min **00** sec

Median round **$18K** Rounds led **0 of 23** Sole investor **22 rounds** Exits **2 from the portfolio** Mostly in **United States, 96%**

Pitch PIE

## PIE highlights

- 01 23 rounds on record
- 02 Mostly Seed: 100% of its rounds
- 03 Sole investor in 22 rounds, median $18K
- 04 2 exits from the portfolio

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Management Consulting
- **Based in:** Cairo, Egypt
- **Cold pitches:** Not stated

A website was listed for this organisation, but we could not confirm it belongs to the firm that wrote these cheques. Either the site never mentions them, or it turned out to be a different company sharing the name. We show neither it nor anything read from it. [Tell us the right one](https://millionrounds.com/corrections?slug=pie).

## The record

Every round we can evidence, newest first **23 appearances**

- **2013** 7 rounds
- **Oct** **[Switchboard](https://millionrounds.com/company/switchboard)** Seed · US **$20K** Sole investor
- **Oct** **[Fleck](https://millionrounds.com/company/fleck)** Seed · US **$20K** Sole investor
- **Oct** **[Stand In](https://millionrounds.com/company/stand-in)** Seed · US **Undisclosed** Sole investor
- **Oct** **[Cloneless](https://millionrounds.com/company/cloneless)** Seed · US **$20K** Sole investor
- **Oct** **[Smart Mocha](https://millionrounds.com/company/smart-mocha)** Seed · US **$18K** Sole investor
- **Oct** **[Teak](https://millionrounds.com/company/teak)** Seed · US **$20K** Sole investor
- **Jul** **[Orchestrate](https://millionrounds.com/company/orchestrate)** Seed · US **$20K** Sole investor
- **2012** 12 rounds
- **Oct** **[Code Scouts](https://millionrounds.com/company/code-scouts)** Seed · US **Undisclosed** Sole investor
- **Oct** **[Vadio](https://millionrounds.com/company/vadio)** Seed · US **$18K** Sole investor
- **Oct** **[Lytics](https://millionrounds.com/company/lytics)** Seed · US **Undisclosed** Sole investor
- **Oct** **[AppThwack](https://millionrounds.com/company/appthwack)** Seed · US **$18K** Sole investor
- **Oct** **[KS12](https://millionrounds.com/company/ks12)** Seed · DE **$18K** Sole investor
- **Oct** **[Stublisher](https://millionrounds.com/company/stublisher)** Seed · US **Undisclosed** Sole investor
- **Oct** **[Little Bird](https://millionrounds.com/company/littlebird)** Seed · US **$18K** Sole investor
- **Jan** **[Revisu](https://millionrounds.com/company/revisu)** Seed · US **$18K** Sole investor
- **Jan** **[AthletePath](https://millionrounds.com/company/athletepath)** Seed · US **$18K** Sole investor
- **Jan** **[MoPix](https://millionrounds.com/company/mopix)** Seed · US **$18K** Sole investor
- **Jan** **[Stayhound](https://millionrounds.com/company/stayhound)** Seed · US **Undisclosed** Sole investor
- **Jan** **[Vendscreen](https://millionrounds.com/company/vendscreen)** Seed · US **Undisclosed** Sole investor
- **2011** 3 rounds
- **Dec** **[Cloudability](https://millionrounds.com/company/cloudability)** Seed · US · techcrunch.com **$1.1M** With 8 others
- **Sept** **[DailyPath](https://millionrounds.com/company/dailypath)** Seed · US **Undisclosed** Sole investor
- **Sept** **[Spotsi](https://millionrounds.com/company/spotsi)** Seed · US **Undisclosed** Sole investor
- **2010** 1 round
- **Aug** **[Urban Airship](https://millionrounds.com/company/urban-airship)** Seed · US **Undisclosed** Sole investor

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## Exits from the portfolio

Companies it backed that were later bought or listed **2 in all**

**[AppThwack](https://millionrounds.com/company/appthwack)** Bought by [Amazon Web Services](https://millionrounds.com/fund/amazon-web-services) **Undisclosed** Jul 2015

**[Orchestrate](https://millionrounds.com/company/orchestrate)** Bought by CenturyLink **Undisclosed** Apr 2015

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Seed

Median round joined **$18K** the round, not its cheque Alone, median **$18K**

Led 0 of 23 rounds **0%**

- **Sole investor:** 22 rounds
- **Last cheque:** Oct 2013
- **Exits:** 2 from the portfolio

Rounds by stage said on their site

- Seed *23*

Cheques by year Led Joined

2010 2013

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## Quick answers about PIE

### What does PIE invest in?

PIE invests most often at Seed (100% of the rounds on record), in sectors such as Management Consulting.

### How active is PIE?

23 investments on record, 0 of them in the last 12 months. The most recent was in Oct 2013.

### How big are PIE's cheques?

The median round it joins is $18K.

### Does PIE lead rounds?

Rarely, if at all: none of its 23 investments on record names it as the lead.

### Where does PIE invest?

Most of the companies it backs are in the United States (96%).

### Is PIE investing now?

No investments in the last 12 months; the latest was in Oct 2013.

### What kind of investor is PIE?

PIE is a VC firm based in Cairo, Egypt.

### Where does this information on PIE come from?

From 1 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=pie) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=pie)
