# Gozem

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gozem

- Industry: Transportation Services
- Headquarters: Singapore, Singapore
- Website: www.gozem.co/
- Total disclosed funding: $27M
- Latest round: Series B (Feb 26, 2025)
- Investors on record: 20

## About

Gozem Pte. Ltd., based in Singapore, is a transport technology platform that provides on-demand ride-hailing and delivery services primarily in Francophone West and Central Africa.Founded in 2018 in Singapore, Gozem operates a transport technology platform aimed at enhancing mobility in underserved areas of West and Central Africa. The company was co-founded by Gregory Costamagna and Raphael Dana, who previously launched other ventures. Gozem has raised a total of USD 15.00 mn in its latest funding round, a Series B, which took place in February 2025, backed by investors including Al Mada Innovation and SAS Ship Agency Services Limited.Gozem operates as a comprehensive transport technology platform primarily serving Francophone West and Central Africa. The company’s offerings include on-demand ride-hailing services, encompassing motorcycle-taxis, car-taxis, and tricycle-taxis, as well as delivery services for groceries and food. Since its launch in 2018, Gozem has addressed the challenges of accessing reliable and affordable transportation for underserved populations, with a broad customer base across Togo, Benin, Burkina Faso, Cameroon, Ivory Coast, Gabon, Mali, Senegal, and the Republic of Congo.In 2021, Gozem reported a revenue of USD 1,530,777 and an EBITDA of USD 1,212,214. The company generates revenue through a structured transaction model that incorporates various service offerings via its app, facilitating direct transactions between users and drivers.Gozem plans to leverage the USD 15.00 mn raised in February 2025 to support its expansion across Africa. The funding will enable the company to develop new product offerings and improve service delivery while targeting new markets, enhancing its operational footprint throughout the continent.

## Funding rounds

- Series B, Feb 26, 2025, $15M — Al Mada Innovation, SAS Ship Agency Services Limited
- Series A, Aug 29, 2022, $12M — Wexford Capital, International Finance Corporation, Plug and Play, Virtual Network, Bansea, GVA Capital, Liil Ventures, Asia Africa Investment & Consulting, Momentum Venture Capital, CMC XXI, Schulte Group Innoport, Uncovered Fund, Launch Africa Ventures, Roland Investment Holdings limited, Inventum Ventures, Wharton Alumni Angels, REENGINE VENTURES, Century Oak Ventures

## Investors

- Wexford Capital — Series A
- International Finance Corporation — Series A
- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Series A
- Virtual Network — Series A
- Bansea — Series A
- GVA Capital (https://capitalatlas.ai/funds/gva-capital) — Series A
- Liil Ventures (https://capitalatlas.ai/funds/liil-ventures) — Series A
- Asia Africa Investment & Consulting (https://capitalatlas.ai/funds/asia-africa-investment-consulting) — Series A
- Momentum Venture Capital — Series A
- CMC XXI — Series A
- Schulte Group Innoport (https://capitalatlas.ai/funds/schulte-group-innoport) — Series A
- Uncovered Fund (https://capitalatlas.ai/funds/uncovered-fund) — Series A
- Launch Africa Ventures (https://capitalatlas.ai/funds/launch-africa-ventures) — Series A
- Roland Investment Holdings limited — Series A
- Inventum Ventures (https://capitalatlas.ai/funds/inventum-ventures) — Series A
- Wharton Alumni Angels (https://capitalatlas.ai/funds/wharton-alumni-angels) — Series A
- REENGINE VENTURES — Series A
- Century Oak Ventures (https://capitalatlas.ai/funds/century-oak-ventures) — Series A
- Al Mada Innovation (https://capitalatlas.ai/funds/al-mada-innovation) — Series B
- SAS Ship Agency Services Limited — Series B