Instabug currently serves over 14,000 companies with notable companies including; Verizon, AirBnB, Spotify, and Turkish Airlines. Instabug has experienced a strong and rapid growth rate MoM. Instabug won first place at the 2012-13 MIT Enterprise Forum Arab Startup Competition, from among thousands of other contestants from 21 Arab states. Shortly after graduation, Instabug raised follow-on funding in the form of Convertible notes from 10 different investors, and of a total value of 295,000 EGP. Instabug then joined Y Combinator and after graduating in early 2016, Instabug announced its $1.7 million seed round led by Accel Partners and other prominent angels. This is one of the biggest venture capital funding rounds in Egypt and the Middle East.