Expensya Founders Back with New AI Startup, Raises $9 Million Seed Round

Expensya Founders Back with New AI Startup, Raises $9 Million Seed Round

Photo by Leidy Martinez on Pexels

Karim Jouini and Jihed Othmani, the entrepreneurial duo behind the successful exit of expense management platform Expensya, are back in the tech arena with a new venture focused on artificial intelligence. The startup has secured a $9 million seed round, signaling strong investor confidence in their vision. Their previous company, Expensya, was acquired by Medius for an undisclosed sum, reportedly exceeding $120 million, establishing Jouini and Othmani as prominent figures in the African tech ecosystem.