Hires ex-Swvl chief as Country Manager
Nigerian-born Treepz, a ride-hailing firm that enables customers to lease buses, SUVs and vehicles, has expanded into Kenya. With this enlargement, Treepz is now accessible in Nigeria, Ghana, Uganda and Kenya.
Founded in 2019, Treepz operates a vehicle rental service that connects vehicle house owners with renters on its market. Treepz additionally operates a company providing for companies and colleges the place it supplies commuting companies for his or her staff or college students.
Treepz says it was in a position to increase $1.2 million within the final 12 months which enabled it to finance its enlargement into Kenya. Investors embrace GIIG Africa Fund, MoAngels, Roselake VC, Unpopular VC, Goodwater Capital and BKR Capital. As effectively as observe on investments from former buyers together with ShockVentures, Winston Limited led by the Lynch Brothers, Aston Investments and Novum Actus led by Clara Ogunsemi.
The firm has employed Samar Patel as its new Country Manager for Treepz Kenya. Patel was Head of Transport-as-a-Service and Software-as-a-Service at Swvl, the Dubai-based mobility firm.
“We are thrilled by the addition of Samar to our team and the launch of Treepz Kenya in Nairobi today,” mentioned, Onyeka Akumah, Co-Founder and CEO of Treepz. Noting that it was made doable by the help of their present buyers regardless of an unsure enterprise funding scene in 2022.
In an e-mail shared with TechCabal, Treepz’s advertising and marketing supervisor described the Kenyan enlargement as supported of NASDAQ-listed Swvl.
In June final 12 months, Swvl suspended each day intra-city rides in Kenya citing worsening financial circumstances. But it continued working Swvl Business which catered to companies, organisations and personal entities. As talked about beforehand Treepz additionally has a company service that caters to organizations and companies. The press launch shared with TechCabal highlighted offers to ferry staff and/or college students of Twiga Foods, Abacus Schools, OAK House School, and Diamond Trust Bank, with 20 different offers throughout Kenya anticipated to shut within the close to future.
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