Cairo-based transport startup ‘Buseet’ raises investment

Cairo-based buss booking startup Buseet has successfully raised an undisclosed amount of investment in a seed funding round by Cairo Angels, 500 Startups, and other international angel investors from Singapore and Gulf, according to a statement from Cairo Angels.

Buseet was founded in 2016 by Amr El Sawy, Khaled Mahmoud and Mohamed Emad to provide an easy to use, comfortable, and cost-effective technology solution for commuters.

This fund will be used to hire more talents to strengthen the product team.

The company plans to use the investment to increase its product offering and to grow to other markets in the MENA region.

“We’re excited about this round that will help us expand our team and strengthen our tech to offer a high-quality service for everyday commuters. Moving forward our focus is to shift more car owners to save time and effort wasted in driving to ride Buseet, hence improve their daily commute experience while reducing the number of cars and traffic,” said Amr El Sawy, Co-Founder and CEO of Buseet.