Tayary raises pre-Seed funding
Egypt-based online logistics platform Tayary, has raised a pre-Seed funding round from AUC Angels, Alex Angels, and the Cairo Angels.
Launched in 2017 in Alexandria, Tayary offers a full suite of services to both its B2C and B2B clients. These services include online food ordering, B2B delivery services, grocery, and pharmacy shopping. It has developed its own order-tracking feature in-house, allowing businesses and individuals to send and receive deliveries.
In response to the lockdown last year, the startup launched an on-demand courier service, Tayary Go, to help its clients run errands while staying safe. In 2019, the startup released its own vendor on-demand delivery app, which enables restaurants to access riders in their vicinity to complete orders.
The startup’s top clients include McDonald’s, Pizza Hut, and Hardee’s along with other local restaurants.
“At Tayary, we work hard to maintain a solid user experience. Along with our vendor partners, we ensure that a wide variety of restaurant choices are available to our users, We continue to strive to provide more delivery solutions to a wider range of user base, both to B2B and B2C,” said Amr Abdelfattah, CEO of Tayary.
The startup will use the funds to expand its geographical footprint, grow its team, and scale its marketing efforts.
This is not the first syndicated investment bringing together the three angel investment networks. Earlier this year, The Cairo Angels, Alex Angels, and AUC Angels invested in fintech app ElGameya, which manages Rotating Credit and Savings Association (ROSCA) cycles.