GoMetro raises US$1 mln to support growth

By : Adoni Conrad Quenum

Date : vendredi, 06 mai 2022 15:33

Last updated : vendredi, 06 mai 2022 15:37

Urban mobility is a real challenge in large African towns. To address the situation, startups like GoMetro are developing alternative solutions.

South African logistics startup GoMetro secured ZAR16.3 million (US$1 million) in pre-A funding from Kalon Venture Partners, Hlayisani Capital, and several others. 

According to the release published Thursday (May 5) by Kalon Venture Partners,  the funds raised will help GoMetro “accelerate its growth, bolster its commercial team and rapidly expand into the South African, UK, and American markets.” 

GoMetro was founded in 2011 by Julien Coetzee. It helps manage bus and car fleets and improves operational efficiency, security, and predictability. Unlike on-demand transportation, with GoMetro, trips depart and arrive at specific points. 

“By using our mobility management platform and digitizing their entire fleet, operators can save up to 30 percent in operating costs by increasing overall vehicle utilization, controlling excess mileage, and managing back-office costs. We have also seen our customers increase the certainty and accuracy of their delivery windows by 50 percent,” said the CEO of GoMetro, Justin Coetzee.

GoMetro’s Android and iPhone apps show pickup points, departure and arrival points, routes, and the schedule of available shuttles. Users can therefore choose the closest locations and save time. Payments are made with the integrated wallet.  

The startup also has a mobile app specially made for drivers. On that platform, drivers can view pending tasks, check their driving scores and perform vehicle inspections. 

Adoni Conrad Quenum


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