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YOBANTE EXPRESS logo — TOP 1 AI Logistics Company in Africa.

YOBANTE EXPRESS

TOP 1 AI Logistics Company in Africa.

Founded 2018 Senegal Senegal 50 employees Seed Total: $1.20M Logistics, Supply Chain +1

General Information

Company Name YOBANTE EXPRESS
Founded Year 2018
Location Senegal Senegal +5
Employees 50
Industries Logistics, Supply Chain, Transportation
Funding Stage Seed
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About YOBANTE EXPRESS

YOBANTE EXPRESS is a logistics and transportation startup that has established itself as a marketplace for connecting local carriers with local commerce to optimize domestic, cross-border, and last-mile delivery. The company, founded in 2018 and headquartered in Senegal, aims to address the last-mile delivery challenges in Africa. Its web and mobile platform facilitates the connection between e-commerce, retailers, businesses, and individuals with independent and casual carriers to handle point-to-point deliveries. YOBANTE EXPRESS operates through a resilient mesh network of independent agents and casual carriers, providing opportunities for anyone owning a vehicle, traveling in the parcel's direction, or with a physical location to earn money within its network. The startup's innovative approach formalizes informal parcel delivery in Africa through trackability and utilizes proprietary machine learning algorithms to optimize the allocation of casual carriers and relay point utilization. This approach helps plan efficient routes within the mesh network. Its unique process involves a client requesting delivery through the app or a nearby relay point, followed by packing, attaching a unique online tracking barcode, and optimized routing using machine learning algorithms until the last-mile delivery. Recipients confirm the receipt using a unique PIN code. In September 2021, the company secured a $1.20M investment in a Seed Round from Launch Africa, R-Ventures, Aguila Investments, and Grenfell Holdings. The strategic investment is expected to fuel the expansion and further development of YOBANTE EXPRESS as it continues to address the last-mile delivery challenges across multiple African markets.

Taxonomy: last-mile delivery, local couriers, cross-border delivery, logistics optimization, e-commerce marketplace, independent agents, trackable parcel delivery, mesh network, formalizing informal delivery, small business empowerment, efficient delivery services, mobile platform, African market, startup, data-driven logistics

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 4
Investor Investor
•••• •••• 		28 Sep 2021

YOBANTE EXPRESS Alternatives & Competitors

YOBANTE EXPRESS vs
Spread
Spread Chile

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YOBANTE EXPRESS vs
FS XPRESS Logistics Limited
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YOBANTE EXPRESS vs
RUTOM Cargo Helmond
RUTOM Cargo Helmond The Netherlands

Wij als RUTOM Cargo bieden u de juiste oplossingen voor uw gehele logistieke proces.

25 employees
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Compare YOBANTE EXPRESS vs RUTOM Cargo Helmond
Also compare with: YOBANTE EXPRESS vs Lion Parcel Lion Parcel

FAQ About YOBANTE EXPRESS

TOP 1 AI Logistics Company in Africa.
YOBANTE EXPRESS was founded in 2018.
YOBANTE EXPRESS is headquartered in Senegal.
YOBANTE EXPRESS operates in the following industries: Logistics, Supply Chain, Transportation.
YOBANTE EXPRESS has approximately 50 employees.
YOBANTE EXPRESS has completed 1 funding round, raising a total of $1.20M. The latest funding stage is Seed.
Top alternatives and competitors to YOBANTE EXPRESS include Spread, FS XPRESS Logistics Limited, RUTOM Cargo Helmond, Lion Parcel, JoeyCo. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
YOBANTE EXPRESS and Spread are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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