How Much Did yassir Raise?
Funding & Key Investors

Yassir, a prominent player in the on-demand services sector, has successfully secured significant capital to bolster its operational footprint. The company has reached a total funding milestone of $180M, reflecting strong investor confidence in its business model. This latest injection of $150M marks a pivotal moment in the firm's trajectory, providing the necessary resources to scale its ride-hailing and last-mile delivery infrastructure across its core markets.

The recent financing round underscores the company's ability to attract high-caliber institutional backing, positioning it as a leader in the regional technology ecosystem. By leveraging this capital, Yassir is well-equipped to navigate the complexities of the on-demand economy while maintaining its competitive edge in a rapidly evolving digital landscape.

What is yassir?

yassir
SoftwareMobile App DevelopmentTransportation

Founded in 2017 and headquartered in Algeria, Yassir operates as a multifaceted technology platform providing essential on-demand services. The company specializes in ride-hailing and last-mile delivery, effectively bridging the gap between service providers and consumers through a seamless mobile interface. By integrating logistics and transportation into a single ecosystem, Yassir has established a robust market position, addressing critical infrastructure needs in the regions it serves. The company's growth strategy centers on operational efficiency and user-centric service delivery, which has proven essential for its expansion into new territories and service verticals.

How much funding has yassir raised?

yassir has raised a total of $180M across 2 funding rounds:

2021

Series A

$30M

2022

Series B

$150M

Series A (2021): $30M with participation from Kismet Capital, Quiet Capital, WndrCo, and DN Capital

Series B (2022): $150M led by Stanford Alumni Ventures, Dorsal Capital Management, Y Combinator, DN Capital, Quiet Capital, and BOND

Key Investors in yassir

Quiet Capital

Quiet Capital is a founder-led venture capital firm that backs ambitious technology entrepreneurs, combining deep operating experience, patient capital, and a collaborative network to help build impactful companies across software, financial, health, and industrial markets.

DN Capital

DN Capital is a global early-stage venture capital firm founded in 2000, focusing on investing in Seed, Series A, and select Series B opportunities across Software, AI, Fintech, and Consumer Internet sectors.

WndrCo

WndrCo is a firm that builds and invests in transformative growth companies, employing strategies that include venture investing in category winners and providing seed funding for emerging entrepreneurs.

What's next for yassir?

With the successful closure of this major strategic investment, Yassir is poised to accelerate its growth initiatives and deepen its market penetration. The company is expected to focus on enhancing its technological stack, optimizing its delivery logistics, and potentially diversifying its service offerings to capture a larger share of the on-demand market. As the firm transitions into a more mature phase of its lifecycle, the focus will likely shift toward sustainable scaling and long-term profitability. Investors will be closely monitoring the company's ability to maintain its growth momentum while navigating the competitive pressures inherent in the global ride-hailing and logistics sectors. The strategic deployment of these funds will be critical in solidifying Yassir's status as a dominant regional technology powerhouse.

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Frequently Asked Questions Regarding yassir Financial Insights

What are the most recent funding rounds that yassir has completed, and what were the funding rounds?
yassir has recently completed 2 funding rounds: Series B on Nov 7, 2022, Series A on Nov 29, 2021.
What is the total amount of funding yassir has raised to date?
yassir has raised a total of $180M in funding to date.
How many funding rounds has yassir completed?
yassir has completed 2 funding rounds.
How much funding did yassir raise in its most recent funding round?
yassir raised $150M in its most recent funding round.
Who are the lead investors in yassir's latest funding round?
The lead investor in yassir's latest funding round was Stanford Alumni Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in yassir's history?
The largest funding round in yassir's history was $150M.
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