Mobility startup Treepz has announced that it has successfully achieved a milestone of 1 million bookings completed across the three countries that it currently operates in. These bookings span across the three core services the business offers; Daily Treepz, Travel Treepz and Corporate Treepz.
Daily Treepz is a ride-sharing service that connects riders to drivers commuting within cities. Travel Treepz allows users to search, compare and book travel bus tickets. And, Corporate Treepz offers daily commuting for corporate staff members. This also covers schools and private transportation service users.
Speaking on the growth of the company, the Chief Executive Officer, Onyeka Akumah said:
“This milestone achievement has largely been driven by our inter-continent expansion, great business decisions and efforts of the team. It would also not have been possible without the dedicated service of our heroes, partners and the loyalty of our esteemed riders. We are very excited about the tremendous growth and progress we have made in the past 3 months, with our weekly rides increasing at a rapid rate.”
According to its announcement, the logistics company has also won the Global Startup Awards for African Industrial Technology Company of the year in addition to the celebrated 1 million milestone bookings.
Recall that the company announced a seed funding round of $2.8m. Alongside the raise, it announced that it fully acquired Ugabus, a Ugandan bus company (currently has 70% of all the country’s bus operators). The terms of the deal were not disclosed but Onyeka Akumah, CEO and co-founder of Treepz, said that the acquisition was funded with its raise.
The company said that its expansion plans into East Africa and 5 additional African countries while hitting other notable milestones before the end of the year is very much in the works.
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