Roboost Secures $3 Million Investment for MENA Expansion

In a pivotal move to reshape the future of delivery management, Roboost, the AI-powered logistics startup, has successfully closed a $3 million investment round led by Silicon Badia, with significant contributions from RZM Investment, Flat6Labs, and Saudi Angel Investors. This infusion of capital marks a significant milestone for Roboost and will be instrumental in propelling the company’s regional expansion ambitions.

Driving Innovation in Delivery Automation

Roboost has emerged as a trailblazer in the AI-powered delivery management arena, boasting a robust SaaS solution and an AI operations copilot. With a client roster featuring major brands like McDonald’s Egypt and Kuwait, Buffalo Burger, El Ezaby Pharmacies, and Jumlaty, Roboost has etched its presence across regional markets, including Egypt, Saudi Arabia, Kuwait, Morocco, and Tunisia.

Setting Industry Standards through Proprietary Machine Learning

What sets Roboost apart is its innovative use of proprietary machine learning, introducing groundbreaking best practices that redefine the standards in delivery automation. The introduction of pre-delivery technology, precision auto-dispatching, and “smart routes” based on text addresses showcase the company’s commitment to efficiency. Approximately 70% of orders made offline benefit from this cutting-edge approach.

In addition to these features, Roboost ensures real-time dynamic fleet payroll, leverages customer insights from heat-maps and analytics, and employs AI fleet control for advanced fraud detection. The platform’s comprehensive approach enhances customer satisfaction and streamlines operational efficiency.

Unprecedented Success Metrics

Powering a vast network of over 15,000 delivery drivers and serving nearly 10 million unique customers, Roboost has automated an impressive 40 million orders. The impact is staggering – a doubling of delivery speed, a 99.8% task automation rate, an 80% reduction in order returns, and a 30% decrease in operational costs. Moreover, an increase in average driver productivity by 40% and fraud levels below 5% underscore Roboost’s commitment to excellence.

Fueling MENA Expansion and Beyond

With a remarkable 400% year-over-year revenue growth, Roboost is poised for further success. The $3 million investment will play a pivotal role in extending this success story across the entire MENA region’s delivery market. Additionally, Roboost aims to diversify its offerings by expanding into e-commerce and middle-mile solutions, providing tailored automated solutions for businesses.

Hossam Shafick, Investor at Silicon Badia, expressed enthusiasm about supporting Roboost, stating, “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.”

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

As Roboost charts its course for the future, this investment signifies not only a financial boost but a vote of confidence in the disruptive potential of AI-driven delivery management. The stage is set for Roboost to revolutionize the delivery landscape across the MENA region and beyond.