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Gozem is a super app platform headquartered in Singapore, providing on-demand transportation, delivery, ticketing, and financial services across 16 cities in Francophone West and Central Africa. The company has secured $35 million in total funding, including a $30 million Series B round of equity and debt. Recent investors include SAS Shipping Agencies Services, a subsidiary of MSC Mediterranean Shipping Company, and Al Mada Ventures, with IFC also providing investment for vehicle financing. Generating $52.5 million in annual revenue, Gozem serves over one million users and has facilitated more than 30 million completed trips and orders. Employing 250 to 505 individuals, the platform connects passengers with certified drivers and offers various digital services. Gozem was founded in 2018; founder names are not publicly available.
Gozem has raised $59.5M across 5 funding rounds.
Key people at Gozem.
Gozem has raised $59.5M in total across 5 funding rounds.
Gozem has raised $59.5M across 5 funding rounds. Most recently, it raised $30.0M Debt / Series B in February 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 26, 2025 | $30M Debt Financing | — | — | Announced |
| Apr 24, 2023 | $11.5M Series B | — | — | Announced |
| Jun 16, 2022 | $10M Debt Financing | International Financial Commission | — | Announced |
| Dec 1, 2021 | $5M Series A | — | — | Announced |
| Aug 1, 2019 | $3M Seed | — | — | Announced |
Key people at Gozem.
Gozem is a Singapore-headquartered Super App operating primarily in Francophone West and Central Africa, offering on-demand transportation (motorcycle, tricycle, and car taxis), food and grocery delivery, e-commerce, digital ticketing, vehicle financing, and cashless payments via a single platform.[1][2][3][4][5] It serves over one million users and 40,000 driver-partners (called "champions") across Togo, Benin, Gabon, Cameroon, and expanding markets, solving key challenges in mobility, logistics, and financial inclusion in underserved regions.[2][4][5] Founded in 2018 and at Series B-II stage with $45.9M total raised (including a $30M round in early 2025 led by SAS Shipping Agencies Services and Al Mada Ventures), Gozem has generated over $90M in earnings for drivers and financed 7,000+ vehicles worth $20M, demonstrating strong growth momentum amid rapid ecosystem scaling.[1][2][4][5]
Gozem launched in 2018 in Togo as a simple motorcycle-taxi booking app, addressing unreliable and unsafe transport in Francophone Africa.[2][3][4][5] Founders, including key executives like Group Director Jean-Martial Moulaud and Managing Director Ange Amegnikpo, built it from Lomé, Togo, initially expanding across Togolese cities like Kara, Kpalimé, Atakpamé, Aného, Tsévié, and Sokodé before entering Benin, Gabon, and Cameroon.[2][5] Pivotal moments include 2022 IFC-backed acquisitions of startups in Togo and Benin for e-commerce and payments, 2023 acquisition of Moneex for digital banking (Gozem Money), and vehicle financing growth from 1,500 units in 2021 to 7,000+ today via earnings-based installments.[2][4] This evolution from ride-hailing to a full digital ecosystem reflects opportunistic adaptation to regional needs, with over 30 million trips/orders completed.[5]
Gozem rides the super app trend in emerging markets, akin to Grab or Gojek, consolidating fragmented services amid rising smartphone penetration and urbanization in Francophone Africa.[1][4][5] Timing aligns with West Africa's booming startup ecosystem in mobility, fintech, e-commerce, and agritech, supported by Togo's push to become a regional tech hub via funding access.[2] Favorable forces include demand for cashless solutions in cash-heavy economies, IFC/international backing for financial inclusion, and logistics partnerships (e.g., MSC, Africa Global Logistics) amid e-commerce growth.[2][4][5] It influences the ecosystem by empowering drivers economically, financing vehicles to create jobs, and acquiring local startups, fostering a multiplier effect in underserved areas.[2][4]
Gozem's $30M Series B positions it to aggressively expand vehicle financing, Gozem Money banking, and geographic footprint across West/Central Africa, targeting revenue surges in 2025 with plans for more capital.[4][5] Trends like digital payments boom, EV integration potential, and super app dominance will shape its path, leveraging investor networks for logistics scale.[5] Its influence may evolve from regional disruptor to pan-African leader, deepening economic impact via driver prosperity and inclusive fintech—echoing its origins as Togo's moto-taxi innovator now powering a digital ecosystem.[2][4][5]
Gozem has raised $59.5M in total across 5 funding rounds.
Gozem's investors include International Financial Commission.
