The Schoolz app, which specializes in participative transportation for school pupils, has received six-figure pre-Seed funding from Saudi Arabian and Egyptian investors.
According to Hosni Ahmed, CEO and co-founder of Schoolz, 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.
“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.
A Look At What The Startup Does
Schoolz, a transportation service for children founded in 2020 by Hosni Ahmed, Abdel Monsef Ismail, and Ayman Hamza, uses current technology, qualified drivers, supervisors in every car, live webcams to allow parents to monitor their children, and follow-up alerts from pick-up to drop-off.
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“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.
Abdel-Monsef Ismail, co-founder and technology director, said:
“At Schoolz, we focus on providing safe and comfortable transportation at the best price.
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We felt the community’s need for such service through parents’ feedback after the service launch in Cairo and Giza. The two governorates contain 2 million students in private and international schools, which is the segment that Schoolz works on serving. They spend over 16 billion pounds annually on this service.”
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Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer who has advised startups across Africa on issues such as startup funding (Venture Capital, Debt financing, private equity, angel investing etc), taxation, strategies, etc. He also has special focus on the protection of business or brands’ intellectual property rights ( such as trademark, patent or design) across Africa and other foreign jurisdictions.
He is well versed on issues of ESG (sustainability), media and entertainment law, corporate finance and governance.
He is also an award-winning writer