Egyptian last-mile delivery startup dreevo launches operations with pre-seed funding from EF Logistics
October 15, 2020
Egyptian last-mile delivery focused startup dreevo raised a six figure US dollar in a bootstrap, pre-seed funding round from EF Logistics, a third party logistic services provider, to introduce agile and affordable technological solutions that empower e-Commerce entrepreneurs.
Sameh Shaheen, CEO of dreevo: ”We are positioning ourselves to be the partner of choice for all e-commerce startups and merchants in the region. 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 a variety of alternative business models. Services such as: Door-to-Door Delivery, Warehousing and Fulfillment, Pick Up Stations, Pick, Choose and Return Services; can all be customized to cater to the merchant’s specific business model.
All of dreevo’s services are backed up by advanced analytics that allow customer experience optimization, as well as delivery monitoring and tracking, that streamline the delivery process.
Ahmed El Zahwi, CEO of EF Logistics: ”dreevo represents the next logical step in our evolution as third party logistics provider. With their emphasis on advanced analytics combined with the caliber of team assembled, coupled with our own experience in the logistics field; we have no 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.”
dreevo is currently operating in 22 cities covering all Egypt and is planning to introduce new services in the Egyptian market and to expand into the MENA region in the near future.