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Dryve Funding & Investors

dryve is Egypt’s first and leading marketplace for car owners and dryvers to earn additional income by lending out their vehicles or providing driving services to individuals and businesses. dryve offers safe, convenient, and efficient access to mobility, renters are able to rent a brand new car for a weekend trip while ryders can get a chauffeured car instantly to drive them around town. Our P2P car sharing arm under the brand name dryve launched the company in 2018, and through our special partnership with Allianz, we have introduced to the region the first-of-its-kind (Pay As You Drive) ‘PAYD’ insurance policy and the first-ever digital claims process in Egypt. Our database of rental cars currently lists over 3,500 cars- three-times greater than the largest traditional rental car company in Egypt. In October 2020 we launched Ryde, a limo-hailing service, providing our users with safe, premium, and customizable chauffeured cars for their transportation needs. Whether you need a car for the day or to take your kids to school every day, you can do so with Ryde - we also provide our users with bespoke travel rides for their cross-country commutes or vacations.

getdryve.com

Total Amount Raised: $762,000

Dryve Funding Rounds

  • Pre Seed

    $62,000

    Pre Seed Investors

    Seedstars
  • Pre Seed

    $700,000

    Pre Seed Investors

    Al Serkal Group
Funding info provided by Diffbot.