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Egyptian student transportation platform Schoolz raises 6-figure pre-seed round for expansion.

Schoolz, an Egyptian student transportation platform, has secured a six-figure US dollar pre-seed round to grow into the commercial world and deliver SaaS solutions to Saudi Arabian and Egyptian businesses.

Schoolz, which was founded in 2020 by Hosni Ahmed, Abdel Monsef Ismail, and Ayman Hamza, has launched a smartphone application that aids in the safe and comfortable transportation of students.

To streamline the student transportation process, the startup utilizes modern technologies, qualified drivers, supervisors in every vehicle, live cameras, and notifications, and is now planning a move into the business sphere after raising a six-figure US dollar pre-seed funding round from investors from Egypt and Saudi Arabia.

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The investment will fund the launch of “Schoolz for Business” after a previous trial period, as well as the launch of “Schoolz Cloud Services” in Saudi Arabia and Egypt.

“We know that there is a great opportunity for the students and children transportation services market, inside and outside Egypt. We started it experimentally at the peak of the coronavirus pandemic to test the minimum market acceptance of our services, and the results were impressive,” Ahmed said. 

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Weddy Thuranira
Weddy Thuranira
Weddy profiles new startups and innovators across Africa and announces funding rounds, mergers, acquisitions and startup partnerships across Africa. She is based in Nairobi, Kenya. Reach her and the entire news desk at [email protected]

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