What is yassir?
Founded in 2017 and headquartered in Algeria, Yassir operates as a comprehensive platform for on-demand services, encompassing ride-hailing and last-mile delivery solutions. The startup has rapidly expanded its service offerings to meet the growing demand for convenient and efficient logistics and transportation within its operational regions. Yassir's strategic expansion and consistent funding rounds suggest a company poised for further scaling and market penetration in the competitive gig economy landscape.
How much funding has yassir raised?
yassir has raised a total of $180M across 2 funding rounds:
Series A
$30M
Series B
$150M
Series A (2021): $30M with participation from Kismet Capital, DN Capital, WndrCo, and Quiet Capital
Series B (2022): $150M led by Dorsal Capital Management, Stanford Alumni Ventures, DN Capital, BOND, Quiet Capital, and Y Combinator
Key Investors in yassir
Kismet Capital
Kismet Capital is a private equity firm with a focus on growth and special situation opportunities, particularly in India and Southeast Asia, bringing extensive experience in diverse industries.
DN Capital
DN Capital is a global early-stage venture capital firm specializing in Seed, Series A, and Series B investments across Software, AI, Fintech, and Consumer Internet sectors.
Quiet Capital
Quiet Capital is a founder-led venture capital firm that supports ambitious technology entrepreneurs with deep operating experience and patient capital across various tech markets.
What's next for yassir?
The substantial enterprise-level backing and recent strategic investment signal Yassir's readiness for accelerated growth and potential market leadership. This capital infusion is likely to be directed towards enhancing technological infrastructure, expanding service areas, and potentially diversifying its on-demand offerings. Yassir's trajectory, marked by Series A and Series B financing, positions it as a key contender in the African tech ecosystem, with future developments expected to focus on operational efficiency and user experience improvements.
See full yassir company page