Roboost Secures $3 Million Investment
The AI-powered delivery logistics startup will use the funding to fuel MENA expansion.
Roboost, the Egyptian AI-powered delivery logistics startup, has closed a $3 million investment round led by Silicon Badia, with significant contributions from RZM Investment, Flat6Labs, and Saudi Angel Investors.[1]
Roboost is a home delivery management solution that digitally mimics real-life operations. Roboost's AI automates delivery operations, offering smart solutions to solve performance issues.
The platform uses an AI system that is capable of self-learning to optimize operations, cut human intervention, and put the home delivery fleet on autopilot.
The platform boosts delivery services to businesses like McDonald’s, Buffalo Burger, and El Ezaby Pharmacies.
Roboost is currently operating in Egypt, Saudi Arabia, Kuwait, Morocco, and Tunisia, the funding will help expansion in other countries in the region.
Roboost uses proprietary machine learning, pre-delivery technology, precision auto-dispatching, and “smart routes” based on text addresses. Approximately 70% of orders made offline benefit from this 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.
Powering a vast network of over 15,000 delivery drivers and serving nearly 10 million customers, Roboost has automated an impressive 40 million orders.