Egypt's Roboost Secures $3 Million Investment to Fuel Regional Expansion

Roboost, the AI-powered logistics startup, announced the successful closure of a $3 million investment round. Silicon Badia led the funding round with participation from RZM Investment, Flat6Labs, and Saudi Angel Investors. This round stands as a noteworthy achievement for Roboost and will play a key role in fostering the company's regional expansion.

Roboost has positioned itself as a pioneer in the AI-driven delivery management sector, showcasing a resilient SaaS solution and an AI operations copilot. It serves brands such as McDonald’s Egypt and Kuwait, Buffalo Burger, El Ezaby Pharmacies, and Jumlaty and established its footprint in various regional markets, starting from Egypt to Saudi Arabia, Kuwait, Morocco, and Tunisia.

“Our investment in Roboost 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,” Hossam Shafick, Investor at Silicon Badia.

Roboost stands out through its pioneering application of proprietary machine learning, introducing revolutionary best practices that redefine delivery automation standards. The incorporation of pre-delivery technology, precision auto-dispatching, and the implementation of "smart routes" based on text addresses underscore the company's dedication to efficiency, benefiting around 70% of offline orders. Beyond these features, Roboost ensures real-time dynamic fleet payroll, utilizes customer insights from heat-maps and analytics, and employs AI fleet control for advanced fraud detection. This comprehensive approach enhances customer satisfaction and streamlines operational efficiency on the platform.

With over 15,000 delivery drivers in its network, Roboost has automated 40 million orders, serving around 10 million customers. This has resulted in a doubling of delivery speed, a 99.8% task automation rate, an 80% reduction in order returns, and a 30% decrease in operational costs.

“Our goal is to redefine what it means to have automated delivery operations by applying our technology to our customers’ most detailed workflows,”
Mohamed Gessraha, CEO and Co-Founder of Roboost.

The $3 million investment is poised to be a key catalyst in expanding this success story throughout the entire delivery market in the MENA region. Furthermore, Roboost has set its sights on diversifying its offerings by venturing into e-commerce and middle-mile solutions, aiming to deliver customized automated solutions for businesses.