“Dreevo” Raises 6 Digits USD Seed Fund to cover all Egypt

Dreevo, the last-mile delivery focused startup based in Cairo, launched its operations today covering all of Egypt. The company raised 6 digits USD in a bootstrap, pre-seed fund from EF Logistics, a third party logistic services provider, to introduce agile and affordable technological solutions that empower E-Commerce entrepreneurs.

Dreevo was founded to provide avant-garde logistics solutions that facilitate the e-commerce business cycle whilst offering merchants and customers an unrivalled experience and a service of unrivalled quality. The company is currently operating in 22 cities covering all Egypt and planning to introduce new services in the Egyptian market and to expand into the MENA region in the near future.

“We are positioning ourselves to be the partner of choice for all e-commerce startups and merchants in the region,” says Sameh Shaheen, CEO of Dreevo. He also added “Dreevo combines the unrelenting passion and significant experience of our ambitious team to challenge, and completely overhaul the current last-mile ecosystem status quo.”

Aiming to simplify the e-commerce business cycle for both merchants and customers, dreevo provides a wide range of last mile delivery solutions and services that can be custom tailored to suit a variety of alternative business models. Services such as: Door-to-Door Delivery, Warehousing and Fulfillment, Pick Up Stations, Pick, Choose and Return Services; can all be customized to cater to the merchant’s specific business model.

All of dreevo’s services are backed up by advanced analytics that allow customer experience optimization, as well as delivery monitoring and tracking, that streamline the delivery process.

“dreevo represents the next logical step in our evolution as third party logistics provider. With their emphasis on advanced analytics combined with the caliber of team assembled, coupled with our own experience in the logistics field; we have no doubt that dreevo will flourish into a regional market leader in the growing market of last mile delivery solutions. As such we are extremely excited and proud to count dreevo amongst our burgeoning startup portfolio” said Dr. Ahmed El Zahwi, CEO of EF Logistics.