About GreenRoutes
GreenRoutes is a company based in Rotterdam (Netherlands) founded in 2019 by Ramy Salem and Yousry Salem.. GreenRoutes has raised $473.15 thousand across 1 funding round from investors including Graduate Entrepreneur. GreenRoutes offers products and services including Route Optimization Tool and Chauffeurs App. GreenRoutes operates in a competitive market with competitors including RidePal, Proficio GeoTechnology, RotaPlan, Passenger Transport Software and OCabbie, among others.
- Headquarter Rotterdam, Netherlands
- Founders Ramy Salem, Yousry Salem
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Greenroutes
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$473.15 K (USD)
in 1 rounds
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Latest Funding Round
$473.15 K (USD), Seed
Jun 13, 2022
- Investors
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Employee Count
Employee Count
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Products & Services of GreenRoutes
GreenRoutes offers a comprehensive portfolio of products and services, including Route Optimization Tool and Chauffeurs App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automates delivery route planning to cut costs and emissions.
Facilitates digital receipts and real-time tracking for drivers.
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Funding Insights of GreenRoutes
GreenRoutes has successfully raised a total of $473.15K through 1 strategic funding round. The most recent funding activity was a Seed round of $473.15 thousand completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $473,148
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First Round
First Round
(13 Jun 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2022 | Amount | Seed - GreenRoutes | Valuation | Graduate Entrepreneur Fund |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in GreenRoutes
GreenRoutes has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Graduate Entrepreneur. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Graduate Entrepreneur is focused on funding and supporting founders in the Netherlands.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by GreenRoutes
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - GreenRoutes
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Greenroutes Comparisons
Competitors of GreenRoutes
GreenRoutes operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as RidePal, Proficio GeoTechnology, RotaPlan, Passenger Transport Software and OCabbie, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Offers managed commuter bus services to facilitate efficient travel to workplaces.
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Provides an online platform for managing employee transportation.
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Web-based route planning and scheduling solutions for corporates are delivered.
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| domain | founded_year | HQ Location |
Cloud-based software for passenger transport management, routing, scheduling, and bulk operations.
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| domain | founded_year | HQ Location |
Offers an employee transportation management solution for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Greenroutes
Frequently Asked Questions about GreenRoutes
When was GreenRoutes founded?
GreenRoutes was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is GreenRoutes located?
GreenRoutes is headquartered in Rotterdam, Netherlands. It is registered at Rotterdam, South Holland, Netherlands.
Who is the current CEO of GreenRoutes?
Yousry Salem is the current CEO of GreenRoutes. They have also founded this company.
Is GreenRoutes a funded company?
GreenRoutes is a funded company, having raised a total of $473.15K across 1 funding round to date. The company's 1st funding round was a Seed of $473.15K, raised on Jun 13, 2022.
What does GreenRoutes do?
GreenRoutes was founded in 2019 in Rotterdam, Netherlands, as a provider of AI-driven solutions in the transportation sector. Automated route planning is facilitated through a platform where data is imported, selected, optimized, and verified. Services focus on employee transportation logistics, enabling efficient scheduling and resource allocation for clients in the region. Operations emphasize data handling and algorithmic improvements for practical deployment.
Who are the top competitors of GreenRoutes?
GreenRoutes's top competitors include Proficio GeoTechnology, RotaPlan and TripCare.
What products or services does GreenRoutes offer?
GreenRoutes offers Route Optimization Tool and Chauffeurs App.
Who are GreenRoutes's investors?
GreenRoutes has 1 investor. Key investors include Graduate Entrepreneur.