Roboost, an Egyptian delivery management startup, recently secured a US$3 million investment to propel its regional expansion efforts. Established in 2020 by founders Mohamed Gessraha, Hassan Gessraha, and Mohamed Ali Sadek, Roboost leverages AI to offer a SaaS-based delivery management solution that automates the entire last-mile delivery process.
The company collaborates with prominent brands such as McDonald’s Egypt and Kuwait, Buffalo Burger, El Ezaby Pharmacies, and Jumlaty, extending its services across Egypt, Saudi Arabia, Kuwait, Morocco, and Tunisia. Currently, Roboost supports over 15,000 delivery drivers, manages nearly 10 million unique customers, and has automated upwards of 40 million orders.
With the latest funding round led by Silicon Badia, and contributions from RZM Investment, Flat6Labs, and Saudi Angel Investors, Roboost is poised for further growth. Having achieved a remarkable 400 percent growth in yearly revenue, the company intends to use the new funds to expand its footprint across the MENA region’s delivery sector and enhance its e-commerce and middle-mile solutions with more customized automation offerings.
Our objective is to revolutionize automated delivery operations by integrating our technology into the intricate workflows of our clients.
Mohamed Gessraha, CEO and co-founder of Roboost
“This funding allows us to extend the innovative capabilities of Roboost to enterprises across the MENA region, marking a significant milestone in our journey of growth. We aim to make Roboost an essential partner in any business’s delivery operations,” stated Mohamed Gessraha, CEO and co-founder of Roboost. “Our objective is to revolutionize automated delivery operations by integrating our technology into the intricate workflows of our clients.”
Hossam Shafick, an Investor at Silicon Badia, expressed his enthusiasm for supporting a pioneering company in the delivery management field.
“The SaaS solution provided by Roboost is a standout in an industry poised for innovation, automating the entire delivery process. It delivers unparalleled benefits to various stakeholders, including brand/store managers, delivery personnel, and end consumers,” he remarked. “Our investment reflects our confidence in the team’s vision and capabilities, and we look forward to being a part of their path to regional and global triumph.”
