Mohamed Elmasry

About

I bought my company back because the story wasn't finished.

Engineer-turned-CEO building the Arab world's answer to enterprise CX infrastructure. From Upper Egypt to Cambridge to building a globally competitive AI platform from Cairo.

The second act

Most founder stories have one arc. Mine has three.

The build (2004 – 2022)

My first company was Luxor Instruments, founded in 2004 while I was still an engineering student at Minia University. A small operation in Upper Egypt building self-service internet kiosks for the Nile cruise boats running between Luxor and Aswan. The lesson that landed early: a good product is not enough on its own. What makes a company work is the team that grows with it.

Then more than fifteen years in semiconductor engineering — cryptographic hardware in Riyadh, then Silicon Vision in Cairo's Sheraton Valley (IP portfolio later acquired by Synopsys), then ARM Holdings in Cambridge. The infrastructure mindset I learned designing chip IP turned out to be the one customer experience was missing.

In 2016, I founded Tactful in Cairo with Mohammad Fouad Hassan, while still at ARM. Over the next six years we built a CX infrastructure platform from scratch: 60+ engineers, $5M+ in R&D, enterprise customers across MENA including Elaraby Group, valU, Fairmont, and Address Hotels. We didn't build a chatbot. We built the five-layer stack beneath every customer interaction.

The sale (2022 – 2024)

Destiny (later rebranded Dstny), a European business communications group, acquired Tactful. The partnership brought European distribution, enterprise credibility, and a perspective I could not have gained from the inside. By the end of it, I knew what Tactful's next chapter needed: full founder autonomy to pursue the agentic CX vision.

Coming back (early 2024 – present)

In early 2024, Mohammad and I reacquired full ownership. In February 2026, we closed a $1M Pre-Series A. The platform is seeing 100x growth. We are building with the clarity that only comes from having done it once before.

“I bought it back because the best version of it hadn't been built yet.”

Timeline

Luxor

Grew up in Upper Egypt. Studied engineering at Minia University. Founded his first company — Luxor Instruments — while still a student.

2006

Moved to Riyadh as a founding engineer at a cryptographic hardware company — building encryption key generators, encrypted phones, and fax encryption for Saudi government agencies. Five years of learning to build from zero.

2011

Silicon Vision, Cairo's Sheraton Valley — brought in to rescue a failing fibre optics chip project. Built the digital design and verification teams. Clients included Intel, Broadcom, and Sony. Synopsys later acquired the IP portfolio.

2015

ARM Holdings, Cambridge — more than six years in the Systems Group, managing infrastructure compute, client compute, automotive, and IoT product lines.

2016

Founded Tactful AI in Cairo with Mohammad Fouad Hassan — while still at ARM. Ran both for more than five years.

2022

Acquired by Destiny (later rebranded Dstny), Belgium. Partnership brought European distribution and enterprise perspective.

2024

Early 2024 — reacquired Tactful with Mohammad Fouad Hassan. Full ownership. Back to building independently.

2025

Featured in the KPMG UK CX Excellence Report, authored by Professor Mohamed Zaki of the Cambridge Service Alliance. EEA Awards Top 3 for AI Excellence & Deeptech. Mohamed Aboulnaga (Nagaty) joined as investor and strategic advisor in September.

2026

Closed a $1M Pre-Series A co-led by Foras AI and M Empire, with Maged Ghoneima among the backers. 60+ engineers in Cairo. 100x platform growth.

What I believe

The CX industry has a tool problem, not a technology problem. Everyone has AI. Almost nobody has infrastructure beneath it. That is the gap I keep coming back to, and it is why I spent more than eight years and $5M building what most companies try to buy off the shelf.

AI should handle the volume. People should handle the judgment. The platform's job is to know which is which, and to make that decision cleanly in every single interaction.

And this gets built from Cairo, not in spite of Cairo. The talent here is extraordinary; world-class technology gets built where people stop looking for it.

Let's connect

Whether you're building in CX, investing in MENA, or just want to trade notes on the founder journey.

I'm the founder and CEO of Tactful AI— if you're curious about what we're building, that's where to look.