North Africa startup Yassir closes a $30M Sequence A spherical

North Africa supply app Yassir has introduced a $30 million Sequence A spherical that raises its complete quantity to $43.25 million. The funding spherical was led by WndrCo, Kismet Capital, DN Capital, Spike ventures, and Quiet Capital alongside participation from traders corresponding to FJ Labs, Endeavor Catalyst, Enterprise Souq, Shifting Capital, Nellore Capital, and main angel traders. The funding will go in direction of increasing its engineering group whereas consolidating its progress in present markets via present and new merchandise.

Yassir which means straightforward in “Arabic” is an on-demand advertising and marketing startup working throughout the Maghreb (Morocco, Algeria, and Tunisia) – a market of three million-plus customers. The corporate gives last-mile supply providers throughout 25 cities corresponding to Canada, Tunisia, France, Algeria, and Morocco. Plans are underway to increase its providers throughout Côte d’Ivoire and Senegal.

Yassir was based in 2017 by two Algerians Noureddine Tayebi and El Mahdi Yettou. The YC-backed startup runs a mannequin much like Seize from SouthEast Asia, Careem Uber’s MENA affiliate, and Egypt ride-hailing and supply fintech MINT-Halan. So far Yassir has over 40,000 companions that embrace drivers, supply riders, retailers, FMCGs, and wholesalers whose major intention is to supply fee providers throughout {the marketplace}.

Extra on Yassir and the elevate on Forbes Center East


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