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.
Working with major brands including McDonald’s Egypt and Kuwait, Buffalo Burger, El Ezaby Pharmacies, and Jumlaty across regional markets including Egypt, Saudi Arabia, Kuwait, Morocco, and Tunisia, Roboost powers over 15,000 delivery drivers, serving nearly 10 million unique customers, and automating more than 40 million orders.
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. Roboost has already achieved 400 per cent year-on-year revenue growth, and plans to use the investment to carry over this accomplishment across the MENA region‘s entire delivery market, while also expanding its e-commerce and middle-mile offerings with more tailored automated solutions.
“This investment enables us to bring Roboost’s transformative power to businesses across the MENA region and propel the next phase of our growth, by making Roboost the copilot for any enterprise’s delivery operations,” said Mohamed Gessraha, CEO and co-founder of Roboost. “Our goal is to redefine what it means to have automated delivery operations by applying our technology to our customers’ most detailed workflows.”
Hossam Shafick, Investor at Silicon Badia, said his firm was “excited” to back a “game-changer” in the delivery management space.
“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. “Our investment is a testament to our belief in the team’s vision and capabilities, and we are eager to support their journey towards regional and global success.”
