Roboost, an AI logistics startup, secured a $3M investment from Silicon Badia, RZM Investment, Flat6Labs, and Saudi Angel Investors.
This funding will fuel Roboost’s expansion in the region. The company offers AI-powered delivery management and serves clients such as McDonald’s Egypt and Kuwait, Buffalo Burger, El Ezaby Pharmacies, and Jumlaty across Egypt, Saudi Arabia, Kuwait, Morocco, and Tunisia.
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Roboost uses 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.
With a vast network of over 15,000 delivery drivers and nearly 10 million unique customers, Roboost has automated an impressive 40 million orders. The impact is significant – 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, there has been an increase in average driver productivity by 40% and fraud levels below 5%, highlighting Roboost’s commitment to excellence.
Roboost plans to expand its services into e-commerce and middle-mile solutions, providing tailored automated solutions for businesses.
As Roboost looks to the future, this investment represents not only a financial boost but also a vote of confidence in the disruptive potential of AI-driven delivery management.
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