- Egyptian startup Roboost has developed an AI-powered delivery management platform that fully automates logistics operations for businesses.
- After achieving 400% revenue growth, the company has raised $3 million to expand its solution across the MENA region.
- Roboost’s technology optimizes delivery routes, payroll and fraud detection, helping brands like McDonald’s double speeds while reducing costs by 30%.
Cairo-based logistics startup Roboost has closed a $3 million Series A investment round led by Silicon Badia Ventures. The funding will allow the AI-powered delivery management platform to expand its operations across the Middle East and North Africa region.
Roboost has developed a revolutionary SaaS solution that fully automates home delivery and logistics operations for businesses. Using machine learning and AI, the platform handles all aspects of the delivery process – from dispatching orders and optimising delivery routes to dynamic payroll management and advanced fraud detection.
Currently powering over 15,000 delivery drivers and serving nearly 10 million customers, Roboost has helped major brands like McDonald’s, Buffalo Burger and pharmacies double delivery speeds while slashing operational costs by 30%. Customers experience significantly higher product delivery rates and on-time arrivals thanks to Roboost’s intelligent route optimisation and real-time fleet control capabilities.
Also Read: 20 Best Startup Accelerators and Incubators in EgyptInvestors were impressed by Roboost’s proven success in automating over 40 million orders to date with an industry-leading 99.8% task automation accuracy. The startup’s revenue grew 400% in the last year alone as more logistics companies recognised the value of digitising manual processes.
The new funding will allow Roboost to bring its transformative delivery automation solutions to more businesses across the MENA region. CEO Mohamed Gessraha commented: “Our goal is to redefine what automated delivery operations can achieve by applying our advanced AI technology to customers’ unique workflows.”
Hossam Shafick of lead investor Silicon Badia praised Roboost for disrupting the delivery sector through its full-spectrum automation approach. The investment underscores their shared vision of leveraging cutting-edge technologies to optimize logistics for brands, drivers and consumers alike.
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Last Updated on January 31, 2024 by Safiya K
