{"id":601252,"date":"2019-02-24T04:12:00","date_gmt":"2019-02-24T04:12:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/24\/trella-raises-usd-600k-in-pre-seed-funding-round-led-by-algebra\/"},"modified":"2019-02-24T04:12:00","modified_gmt":"2019-02-24T04:12:00","slug":"trella-raises-usd-600k-in-pre-seed-funding-round-led-by-algebra","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/24\/trella-raises-usd-600k-in-pre-seed-funding-round-led-by-algebra\/","title":{"rendered":"Trella raises USD 600k+ in pre-seed funding round led by Algebra"},"content":{"rendered":"

<\/a> EXCLUSIVE- Trella raises >USD 600k in pre-seed funding round led by Algebra:<\/b> Trella<\/a><\/u>, the trucking marketplace that connects shippers to carriers, has announced that it has secured over USD 600k in a pre-seed funding round led by our friends at Algebra Ventures<\/a><\/u>, who shared the announcement with us in a press release<\/a><\/u>.<\/p>\n

Founded in 2018, the tech platform has generated enormous investor interest, <\/b>having tapped into the success of ride-hailing apps in the region to create a tailored solution for the freight industry, one that aims to reduce market fragmentation, improve efficiency and create a more transparent environment for both drivers and businesses. Among other services, it offers shippers and carriers access to an overview of pricing and payments, provides status updates and tracking, uses tech know-how to optimize dispatch, and analyzes transportation trends.<\/p>\n

Also participating in this initial round of funding<\/b> are seasoned angel investors Esther Dyson and Jambu Palaniappan, as well as global VCs and other strategic investors. Algebra Managing Partner Karim Hussein described the team behind Trella as \u201csuperstars \u2026 with proven execution ability.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

EXCLUSIVE- Trella raises >USD 600k in pre-seed funding round led by Algebra: Trella, the trucking marketplace that connects shippers to carriers, has announced that it has secured over USD 600k in a pre-seed funding round led by our friends at Algebra Ventures, who shared the announcement with us in a press release. Founded in 2018, […]<\/p>\n","protected":false},"author":1,"featured_media":601253,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,203,125,2380,123,200],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-601252","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-enterpriseam","tag-entrepreneurship","tag-investment-watch","tag-speed-round","tag-startups","tag-venture-capital","wpautop","entry"],"acf":{"mongo_id":"a7e3d759-a965-4895-ba4f-e077b020a61b","is_powered_by":true,"section_story_id":"c32cc657-8e18-43b5-b9b1-a4c54c070240","story_type":"1","photo_url":"https:\/\/ent.news\/2021\/10\/212.jpg","photo_position":"above","related_issue":[601242],"teaser":"","voice_url":""},"yoast_head":"\nTrella raises USD 600k+ in pre-seed funding round led by Algebra - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/24\/trella-raises-usd-600k-in-pre-seed-funding-round-led-by-algebra\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trella raises USD 600k+ in pre-seed funding round led by Algebra\" \/>\n<meta property=\"og:description\" content=\"EXCLUSIVE- Trella raises >USD 600k in pre-seed funding round led by Algebra: Trella, the trucking marketplace that connects shippers to carriers, has announced that it has secured over USD 600k in a pre-seed funding round led by our friends at Algebra Ventures, who shared the announcement with us in a press release. 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This will give the Cairo-based company access to the US startup accelarator\u2019s network of investors, mentors, and partners. The likes\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":593244,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/21\/egyptian-trucking-app-trella-will-make-its-saudi-debut-any-day-now\/","url_meta":{"origin":601252,"position":1},"title":"Egyptian trucking app Trella will make its Saudi debut any day now","author":"enterpriseam admin","date":"21 November 2019","format":false,"excerpt":"STARTUP WATCH- Trucking app Trella will make its Saudi debut any day now: Trella, the venture-backed Egyptian trucking marketplace that connects shippers to carriers, is set to make its debut in Saudi Arabia within the next few days, founding partner Omar Hagrass tells the local press. The trucking app expects\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":572547,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/29\/how-trella-brought-supply-chains-into-the-digital-age\/","url_meta":{"origin":601252,"position":2},"title":"How Trella brought supply chains into the digital age","author":"enterpriseam admin","date":"29 June 2020","format":false,"excerpt":"In this week\u2019s episode of Making It: Trellaco-founder and CEO Omar Hagrass delves into the practices that make a sustainable business, and offers advice to entrepreneurs looking to secure their first funding round. Hagrass and his co-founders completed a USD 600K pre-seed round with only a pitch deck in early\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/6\/299.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":591428,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/05\/egyptian-trucking-app-trella-acquires-rival-company-trukto\/","url_meta":{"origin":601252,"position":3},"title":"Egyptian trucking app Trella acquires rival company Trukto","author":"enterpriseam admin","date":"5 December 2019","format":false,"excerpt":"STARTUP WATCH- Trella acquires rival Trukto: Egyptian digital trucking marketplace Trella has acquired its local rival Trukto, making it the largest company of its kind in Egypt, Trella told Menabytes, without disclosing the details of the transaction. The acquisition will help Trella increase its market share and accelerate its growth\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":566463,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/21\/trella-closes-usd-42-mn-series-a-round-co-led-by-maersk-vc-arm\/","url_meta":{"origin":601252,"position":4},"title":"Trella closes USD 42 mn series A round co-led by Maersk VC arm","author":"enterpriseam admin","date":"21 June 2021","format":false,"excerpt":"Egyptian digital trucking platform Trella closed a USD 42 mn series A round co-led by Maersk Growth, the venture capital arm of container shipping giant Maersk, according to a statement (pdf). The financing includes USD 30 mn new equity and USD 12 mn debt facilities, which likely go towards the\u2026","rel":"","context":"In "Startup watch"","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/548.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":602125,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/19\/trella-planning-to-scale-up-step-by-step\/","url_meta":{"origin":601252,"position":5},"title":"Trella planning to scale up \u201cstep-by-step\u201d","author":"enterpriseam admin","date":"19 March 2019","format":false,"excerpt":"It\u2019s another painfully slow news day in the international press as far as Egypt is concerned. African startup news site Disrupt Africa is running an interview with Egyptian trucking startup Trella, which raised USD 600K in pre-seed funding with the help of our friends at Algebra Ventures. They\u2019re not planning\u2026","rel":"","context":"In "EGYPT IN THE NEWS"","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/295.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/601252","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=601252"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/601252\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/601242"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/601253"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=601252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=601252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=601252"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=601252"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=601252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}