Cairo-based Last-mile Delivery Startup ‘dreevo’ Raises 6 Digits USD Figure
dreevo, a last-mile delivery-focused startup has raised 6 digits USD figure 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.
Following the pre-seed fund, the company has kicked-off operations today in Egypt, covering the whole country.
“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 various alternative business models. Services such as Door-to-Door Delivery, Warehousing, Fulfillment, Pick Up Stations, Pick, Choose and Return Services; can all be customized to cater to the merchant’s specific business model.
dreevo was founded in 2020, to provide avant-garde logistics solutions that facilitate the e-commerce business cycle whilst offering merchants and customers an unrivaled experience and a service of unrivaled quality.
EF Logistics is the Third-Party Logistics arm of El Masria Warehousing Company, the premier Warehousing compound in Western Cairo, and is part of the Mabany Edris Group, includes Mabany Edris for Real Estate Investment, Rofayda Health Park, and Constec- Construction and Design S.A.E.
All of dreevo’s services are backed up by advanced analytics that allows customer experience optimization and delivery monitoring and tracking, that streamline the delivery process.
“dreevo represents the next logical step in our evolution as a third-party logistics provider. With their emphasis on advanced analytics combined with the team’s caliber, coupled with our own experience in the logistics field, we do not 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.
dreevo is currently operating in 22 cities covering all Egypt and planning to introduce new services in the Egyptian market and expand into the MENA region soon.
