Egyptian delivery management startup Roboost has closed a US$3 million investment round to fuel its next phase of regional expansion. Founded in 2020 by Mohamed Gessraha, Hassan Gessraha, and Mohamed Ali Sadek, Roboost is an AI-powered delivery management SaaS solution that fully automates every stage of the last-mile delivery cycle without human intervention. It is now set for further regional expansion after securing US$3 million in a funding round led by Silicon Badia, with participation from RZM Investment, Flat6Labs, and Saudi Angel Investors. “This SaaS solution stands out in a sector ripe for disruption, by automating the full spectrum of the delivery process. It provides a unique value proposition to all stakeholders alike, including brand/store managers, delivery agents, and end-customers,” he said.

Source: The North Africa Journal February 01, 2024 09:13 UTC