Egyptian Student Transport Startup Schoolz Raises Six-figure Pre-Seed Funding

Egyptian mobility startup specializing in participative transportation for school pupils Schoolz app has announced it received six-figure pre-Seed funding from Saudi Arabian and Egyptian investors.

Schoolz is a mobility startup founded in 2020 by the trio of Hosni Ahmed, Abdel Monsef Ismail, and Ayman Hamza. The platform uses current technology, qualified drivers, supervisors in every car, and has a live webcam in every bus to allow parents to monitor their children, and follow-up alerts from pick-up to drop-off.

Hosni Ahmed CEO and co-founder of Schoolz speaking said that “Schoolz also aims to use those investments to pump funds in business growth of students’ transportation to schools besides launching Schoolz for Business, and this service aims to transport employees to their work within Cairo and Giza governorates. Also launching Schoolz (SAAS) (providing Software As A Service), which will allow schools and companies to use our technology infrastructure tools without our fleet” Hosni said.

“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 Corona pandemic to test the minimum market acceptance of our services, and the results were impressive.

“In the first week of the launch, we transported the first group of students to their schools, then we transported children to the club during the weekend. Quickly, schools, sports academies, and clubs communicated to us to use our services. We immediately provided technology, tools, and transportation technology for them, whether using our fleet or by using Schoolz system to manage the transportation process smoothly and completely” Hosni added.

According to Hosni Ahmed, the new financing will be used to launch Schoolz for business following a trial period, as well as the launch of Schoolz cloud services in Saudi Arabia and Egypt.