Growing Funding Momentum Toters has recently secured over 33 million dollars in Series B funding from prominent investors including the International Finance Corporation, March Holding, and B&Y Venture Partners, indicating strong growth potential and opportunity for investors or strategic partners.
Expanding Customer Base With a focus on last-mile delivery for groceries, restaurants, and retail in local markets, Toters serves a broad array of retail sectors across its regional operations, presenting multiple avenues for partnerships with local businesses and retailers seeking efficient delivery solutions.
Innovative Tech Stack Utilizing advanced tools like Mixpanel, Crashlytics, Datadog, and Laravel, Toters demonstrates a commitment to technology-driven operations, which offers opportunities to collaborate on tech integrations, data analytics, and platform enhancements.
Market Position & Competition Operating within a competitive landscape with players like Delivery Hero, Zomato, and DoorDash, Toters' regional focus and recent funding position it as a potential partner for businesses aiming to expand or differentiate their last-mile delivery offerings in Middle Eastern or North African markets.
Revenue and Growth Potential With revenues estimated between 1 million and 10 million dollars and ongoing funding efforts, Toters is positioned for growth, making it a promising target for partnerships focused on scaling logistics, expanding service offerings, or integrating innovative delivery technologies.