The story
Moataz Soliman co-founded Instabug with his university friend Omar Gabr. The pair met at Cairo University, where, according to the short, they built an event-planning app that most of the 60 or so Egyptian mobile companies they showed it to disliked. One feature stood out: shaking the phone to report a bug instantly. They rebuilt the company around it in 2012, amid political turmoil in Egypt, and posted a demo that drew 100 sign-ups on its first day. Instabug raised a $300,000 seed round, joined Y Combinator in 2016 and then raised $1.7 million led by Accel. Later rounds of $5 million (2020) and $46 million (2022, led by Insight Partners) followed, and the company kept a large engineering team in Cairo alongside its San Francisco base. In 2025 Instabug rebranded as Luciq, shifting towards AI agents that detect and resolve mobile app problems.
By the numbers
Their company
EgyptAIInstabug
Mobile app observability platform, now using AI agents to find and fix app issues
