EGYPT – Roboost (formerly known as Tayar), Egypt’s delivery management system, has acquired a six-figure seed round of investment from Falak Startups, AUC Angels, and a follow-on funding from Flat6Labs.
Roboost’s AI delivery management system will be improved, and its product portfolio will be expanded as a result of the new fundraising round, which will expedite the company’s growth.
“We are very happy to further support Roboost’s team in adding value to their clients through their innovative AI-powered solution,” said Mohamed El Ghannam, Principal at Flat6Labs.
“We believe that this funding round will accelerate Roboost’s growth by enhancing its AI delivery management solution and expanding its product offering. We’re excited to see what’s next for Roboost and how their technology will further empower their customers’ growth in Egypt and beyond.”
Roboost is an artificial intelligence (AI)-powered automated delivery management solution that was founded in the year 2020 by Hassan Kamel, Mohamed Gessraha, and Mohamed Hassan.
Roboost digitally mimics real-life operations and handles day-to-day situations, and it is capable of self-learning to optimise every aspect of the delivery operation.
“Roboost is a company we are lucky to stumble upon, not only an incredible team with the grit and persistence to build a great solution, Roboost comes in to offset the environmental impact caused by the quick commerce race while offering a boost to their operations, a win-win situation,” said Ahmed Hazem, Managing Director — Falak.
The goal of Roboost is to provide businesses that provide delivery services, such as retail, e-commerce, cloud kitchens, and delivery services, more control over their delivery operations by streamlining the process and providing real-time data. Initially, the system will interface with the client’s sales channels.
This will make it possible for the system to automate order management, group optimization, route optimization, automated dispatching, and delivery agent performance management, all while monitoring these parameters in real-time.
“With Roboost, we’re helping businesses reach their full operational potential, and we’ve seen this as our clients reached the ultimate desired time of 20 minutes for customer satisfaction and reduced their costs drastically by 30%,” said Co-founder and COO Hassan Kamel.
“With data collected from 2,200+ delivery agents travelling more than 9 million kilometres, we are always looking for new ways to improve our clients’ delivery operations and add new features.
“The radical and transformational change in the delivery operations positioned us as the optimal solution for local and multinational brands that we are proud to serve with a 100% retention rate.”
According to Co-founder and CEO Mohamed Hassan, their next goal is to empower SMEs by automating their deliveries through Roboost’s AI delivery marketplace, to be able to provide the best customer experience and grow their businesses.