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Raye7 The only carpooling app that is actually working & growing in mea

Venture Profile Raye7 image of

We help daily commuters & frequent travelers to connect with their trusted nearby community to get to their destination in a more affordable, fun & secure way.
Now with COVID 19, carpooling is even more relevant now as the safest option to commute to work avoiding crowded buses and transportation.

Our users posted over 300 thousand carpool offers & requests on our platform.
And since we pivoted to B2C last year, we have been growing consistently with an average of 32% MOM,
We have created a sticky app that 40% of our current users pay/earn at least once a week.
we have reached a 70% fulfilment rate!
And, Since COVID 19 we saw 2.3x Market Balance Improvement!

Our market size is 21Billion$ only in Egypt, and over 200Billion$ Regionally

We acquired 400USD in equity-free and used it to iterate until we reached product-market fit. And now we are raising our 1st seed round to invest in growth.

Sectors Personal transport, Transport and logistics
Location Egypt
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