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EMPG
EMPG
Online classifieds (property, autos, general marketplace) · United Arab Emirates · Founded · 2010 · ≈ · 500 · employees

EMPG Funding — Last Valued at $1B

Private

EMPG has raised $400M across 2 funding rounds. The latest round valued EMPG at $1B post-money, with Affinity Partners on the lead line.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
EMPG funding · at a glance
Total raised, all rounds
$400M
sum of disclosed sizes
Funding rounds
2
priced rounds
Latest round
$1B
post-money · Nov 2022
Lead on that event
Affinity Partners
invited institutions - KCK, Acacia Partners and existing investor Prosus also participated; round raised ahead of a planned IPO
2022
About EMPG

Affinity Partners backed EMPG in a funding round that raised $200 million in 2022, supporting the group's expansion of its classifieds platforms across the Middle East, North Africa and South Asia.

Funding timeline

The EMPG funding timeline

2 funding rounds, the latest highlighted.

2010
EMPG founded

EMPG was founded in 2010, United Arab Emirates.

OCT 2022
Funding round at $1B post-money

A primary round — the company sells new shares to investors it selects. $200M raised, led by Affinity Partners.

Valuation basispost-moneyAmount$200MPrice / shareLeadAffinity Partners
NOV 2022LATEST
Unnamed round at $1B post-money

Invited institutions - KCK, Acacia Partners and existing investor Prosus also participated; round raised ahead of a planned IPO. $200M raised, led by Affinity Partners.

Valuation basispost-moneyAmount$200MPrice / shareLeadAffinity Partners
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

EMPG funding rounds in full

2 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Unnamed round LATEST
Nov 2022
$200M
$1Bpost-money
—
Affinity Partners
invited institutions - KCK, Acacia Partners and existing investor Prosus also participated; round raised ahead of a planned IPO
Funding round
Oct 2022
$200M
$1Bpost-money
—
Affinity Partners
—
EMPG · investors

Investors

Affinity PartnersLEADKKCKAAcacia PartnersPProsus

Frequently asked questions

Who are EMPG's competitors?›

The closest online classifieds (property, autos, general marketplace) peers are on the competitors page.

How can I get exposure to EMPG?›

The routes section explains what is realistically available for a company at this stage.

Is EMPG publicly traded?›

No. EMPG is a private company; its shares do not trade on a public exchange.

What is EMPG's valuation?›

The last valuation is $1B.

Who has invested in EMPG?›

Lead investors for each round are in the funding timeline.

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