{"id":13373,"date":"2022-10-02T10:24:07","date_gmt":"2022-10-02T14:24:07","guid":{"rendered":"https:\/\/sosv.com\/?p=13373"},"modified":"2023-12-27T19:31:39","modified_gmt":"2023-12-28T00:31:39","slug":"orbits-treepz-founder-onyeka-akumah-on-the-future-of-transportation-tech-in-west-africa","status":"publish","type":"post","link":"https:\/\/sosv.com\/orbits-treepz-founder-onyeka-akumah-on-the-future-of-transportation-tech-in-west-africa\/","title":{"rendered":"Orbit’s Treepz founder Onyeka Akumah on the future of transportation tech in West Africa"},"content":{"rendered":"\n
\"\"
Mobility-as-a-service (MaaS) provider Treepz is now the largest bus-sharing platform in West Africa. Source: Treepz<\/em><\/figcaption><\/figure>\n\n\n\n

<\/p>\n\n\n\n

TechCrunch recently interviewed Onyeka Akumah, co-founder and CEO of Nigeria-based mobility-as-a-service platform Treepz<\/a> (MOX12<\/a>), to learn about the future of transportation tech in the article, \u201cTreepz founder Onyeka Akumah on how to succeed in transportation tech\u201d<\/a>. <\/p>\n\n\n\n

Treepz\u2019s MaaS model includes three main verticals: \u201cDaily Treepz,\u201d an Uber-like service for minivans and buses with fixed daily routes from bus stop to bus stop; \u201cTravel Treepz,\u201d an intercity bus service in which Treepz acts as an aggregator for other bus companies; and corporate bookings, which provides transportation for businesses.<\/p>\n\n\n\n

In Nov. 2021, TechCrunch reported on Treepz\u2019s success closing a $2.8M seed round<\/a> led by Xchange and supported by SOSV and Shock Ventures, among others. Treepz is an alum of SOSV’s Orbit Startups<\/a> program, which focuses on growth companies in emerging markets. <\/p>\n\n\n\n

In TechCrunch\u2019s most recent interview with Akumah, the Treepz founder commented, \u201cWe are preparing to raise our Series A, and we already have some interest. Some of our current investors want to invest, but they\u2019re waiting for us to go to market.\u201d<\/p>\n\n\n\n

Speaking on Treepz\u2019 expansion plan, Akumah told TechCrunch that the company, which has already extended from Lagos to Ghana to the west and Uganda to the east, will soon move country by country through other sub-Saharan regions. <\/p>\n\n\n\n

\u201cWithin the next year, we are hoping to be in 10 African countries. At the moment we\u2019re in three. We want to hit that mark before considering an opportunity to export the technology outside of Africa,\u201d Akumah explained. \u201cWe\u2019re not going to force our technology down people\u2019s throats. We\u2019re looking for collaborators, partners, investors that are happy to help us scale across the region. What we\u2019re really after is building the leading shared mobility platform across the continent of Africa.\u201d<\/p>\n\n\n\n

Offering advice to other startups in the transportation sector, Akumah said, \u201cMy advice to any transportation entrepreneur is that if you\u2019re looking at transportation, you shouldn\u2019t necessarily look at profits from Day One. You should be looking at the scale of your operations. The sweet spot for us at Treepz is not making the maximum margin from a customer the first time they use a service. We\u2019d rather they tell many other people about our service. The little margins you get over the long haul are what makes it exciting. So it\u2019s a patient game in transportation.\u201d    <\/p>\n","protected":false},"excerpt":{"rendered":"

TechCrunch recently interviewed Onyeka Akumah, co-founder and CEO of Nigeria-based mobility-as-a-service platform Treepz (MOX12), to learn about the future of transportation tech in the article, \u201cTreepz founder Onyeka Akumah on how to succeed in transportation tech\u201d.  Treepz\u2019s MaaS model includes three main verticals: \u201cDaily Treepz,\u201d an Uber-like service for minivans and buses with fixed daily […]<\/p>\n","protected":false},"author":9,"featured_media":12591,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"tx_company":[1986],"tx_category":[1056,1433],"tx_trend":[2284],"tx_program":[2043],"posts_type":[17],"class_list":["post-13373","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tx_company-treepz","tx_category-saas","tx_category-transportation-tech","tx_trend-sosv-consortium","tx_program-sosv","posts_type-press"],"acf":{"founder_names":"","founder_positions":"","founder_companies":"","founder_spotlight_image":"","publisher":"TechCrunch","author":"","article_url":"https:\/\/techcrunch.com\/2022\/09\/29\/treepz-founder-onyeka-akumah-on-how-to-succeed-in-transportation-tech\/","portal_id":""},"yoast_head":"\nOrbit's Treepz founder Onyeka Akumah on the future of transportation tech in West Africa - SOSV<\/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:\/\/sosv.com\/orbits-treepz-founder-onyeka-akumah-on-the-future-of-transportation-tech-in-west-africa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Orbit's Treepz founder Onyeka Akumah on the future of transportation tech in West Africa\" \/>\n<meta property=\"og:description\" content=\"TechCrunch recently interviewed Onyeka Akumah, co-founder and CEO of Nigeria-based mobility-as-a-service platform Treepz (MOX12), to learn about the future of transportation tech in the article, \u201cTreepz founder Onyeka Akumah on how to succeed in transportation tech\u201d.  Treepz\u2019s MaaS model includes three main verticals: \u201cDaily Treepz,\u201d an Uber-like service for minivans and buses with fixed daily […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sosv.com\/orbits-treepz-founder-onyeka-akumah-on-the-future-of-transportation-tech-in-west-africa\/\" \/>\n<meta property=\"og:site_name\" content=\"SOSV\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SOSVvc\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-02T14:24:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-28T00:31:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/sosv.com\/wp-content\/uploads\/2022\/06\/treepz-hero.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"671\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Hannah DeTavis\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@sosv\" \/>\n<meta name=\"twitter:site\" content=\"@sosv\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Hannah DeTavis\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/sosv.com\/orbits-treepz-founder-onyeka-akumah-on-the-future-of-transportation-tech-in-west-africa\/\",\"url\":\"https:\/\/sosv.com\/orbits-treepz-founder-onyeka-akumah-on-the-future-of-transportation-tech-in-west-africa\/\",\"name\":\"Orbit's Treepz founder Onyeka Akumah on the future of transportation tech in West Africa - SOSV\",\"isPartOf\":{\"@id\":\"https:\/\/sosv.com\/#website\"},\"datePublished\":\"2022-10-02T14:24:07+00:00\",\"dateModified\":\"2023-12-28T00:31:39+00:00\",\"author\":{\"@id\":\"https:\/\/sosv.com\/#\/schema\/person\/13735243c0298e58e964e936bc736c34\"},\"breadcrumb\":{\"@id\":\"https:\/\/sosv.com\/orbits-treepz-founder-onyeka-akumah-on-the-future-of-transportation-tech-in-west-africa\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/sosv.com\/orbits-treepz-founder-onyeka-akumah-on-the-future-of-transportation-tech-in-west-africa\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/sosv.com\/orbits-treepz-founder-onyeka-akumah-on-the-future-of-transportation-tech-in-west-africa\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/sosv.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Orbit’s Treepz founder Onyeka Akumah on the future of transportation tech in West Africa\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/sosv.com\/#website\",\"url\":\"https:\/\/sosv.com\/\",\"name\":\"SOSV\",\"description\":\"Deep Tech for Human and Planetary Health\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/sosv.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/sosv.com\/#\/schema\/person\/13735243c0298e58e964e936bc736c34\",\"name\":\"Hannah DeTavis\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/sosv.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/939a017a710193c70c2fe35895b5d73ee4b7407d36b13e68c6a335ff2281c467?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/939a017a710193c70c2fe35895b5d73ee4b7407d36b13e68c6a335ff2281c467?s=96&d=mm&r=g\",\"caption\":\"Hannah DeTavis\"},\"url\":\"https:\/\/sosv.com\/author\/hanna\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Orbit's Treepz founder Onyeka Akumah on the future of transportation tech in West Africa - SOSV","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/sosv.com\/orbits-treepz-founder-onyeka-akumah-on-the-future-of-transportation-tech-in-west-africa\/","og_locale":"en_US","og_type":"article","og_title":"Orbit's Treepz founder Onyeka Akumah on the future of transportation tech in West Africa","og_description":"TechCrunch recently interviewed Onyeka Akumah, co-founder and CEO of Nigeria-based mobility-as-a-service platform Treepz (MOX12), to learn about the future of transportation tech in the article, \u201cTreepz founder Onyeka Akumah on how to succeed in transportation tech\u201d.  Treepz\u2019s MaaS model includes three main verticals: \u201cDaily Treepz,\u201d an Uber-like service for minivans and buses with fixed daily […]","og_url":"https:\/\/sosv.com\/orbits-treepz-founder-onyeka-akumah-on-the-future-of-transportation-tech-in-west-africa\/","og_site_name":"SOSV","article_publisher":"https:\/\/www.facebook.com\/SOSVvc\/","article_published_time":"2022-10-02T14:24:07+00:00","article_modified_time":"2023-12-28T00:31:39+00:00","og_image":[{"width":1600,"height":671,"url":"https:\/\/sosv.com\/wp-content\/uploads\/2022\/06\/treepz-hero.jpg","type":"image\/jpeg"}],"author":"Hannah DeTavis","twitter_card":"summary_large_image","twitter_creator":"@sosv","twitter_site":"@sosv","twitter_misc":{"Written by":"Hannah DeTavis","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/sosv.com\/orbits-treepz-founder-onyeka-akumah-on-the-future-of-transportation-tech-in-west-africa\/","url":"https:\/\/sosv.com\/orbits-treepz-founder-onyeka-akumah-on-the-future-of-transportation-tech-in-west-africa\/","name":"Orbit's Treepz founder Onyeka Akumah on the future of transportation tech in West Africa - SOSV","isPartOf":{"@id":"https:\/\/sosv.com\/#website"},"datePublished":"2022-10-02T14:24:07+00:00","dateModified":"2023-12-28T00:31:39+00:00","author":{"@id":"https:\/\/sosv.com\/#\/schema\/person\/13735243c0298e58e964e936bc736c34"},"breadcrumb":{"@id":"https:\/\/sosv.com\/orbits-treepz-founder-onyeka-akumah-on-the-future-of-transportation-tech-in-west-africa\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/sosv.com\/orbits-treepz-founder-onyeka-akumah-on-the-future-of-transportation-tech-in-west-africa\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/sosv.com\/orbits-treepz-founder-onyeka-akumah-on-the-future-of-transportation-tech-in-west-africa\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/sosv.com\/"},{"@type":"ListItem","position":2,"name":"Orbit’s Treepz founder Onyeka Akumah on the future of transportation tech in West Africa"}]},{"@type":"WebSite","@id":"https:\/\/sosv.com\/#website","url":"https:\/\/sosv.com\/","name":"SOSV","description":"Deep Tech for Human and Planetary Health","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/sosv.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/sosv.com\/#\/schema\/person\/13735243c0298e58e964e936bc736c34","name":"Hannah DeTavis","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/sosv.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/939a017a710193c70c2fe35895b5d73ee4b7407d36b13e68c6a335ff2281c467?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/939a017a710193c70c2fe35895b5d73ee4b7407d36b13e68c6a335ff2281c467?s=96&d=mm&r=g","caption":"Hannah DeTavis"},"url":"https:\/\/sosv.com\/author\/hanna\/"}]}},"featured_image_src":"https:\/\/sosv.com\/wp-content\/uploads\/2022\/06\/treepz-hero-600x400.jpg","featured_image_src_square":"https:\/\/sosv.com\/wp-content\/uploads\/2022\/06\/treepz-hero-600x600.jpg","author_info":{"display_name":"Hannah DeTavis","author_link":"https:\/\/sosv.com\/author\/hanna\/"},"_links":{"self":[{"href":"https:\/\/sosv.com\/wp-json\/wp\/v2\/posts\/13373","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sosv.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sosv.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sosv.com\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/sosv.com\/wp-json\/wp\/v2\/comments?post=13373"}],"version-history":[{"count":0,"href":"https:\/\/sosv.com\/wp-json\/wp\/v2\/posts\/13373\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sosv.com\/wp-json\/wp\/v2\/media\/12591"}],"wp:attachment":[{"href":"https:\/\/sosv.com\/wp-json\/wp\/v2\/media?parent=13373"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sosv.com\/wp-json\/wp\/v2\/categories?post=13373"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sosv.com\/wp-json\/wp\/v2\/tags?post=13373"},{"taxonomy":"tx_company","embeddable":true,"href":"https:\/\/sosv.com\/wp-json\/wp\/v2\/tx_company?post=13373"},{"taxonomy":"tx_category","embeddable":true,"href":"https:\/\/sosv.com\/wp-json\/wp\/v2\/tx_category?post=13373"},{"taxonomy":"tx_trend","embeddable":true,"href":"https:\/\/sosv.com\/wp-json\/wp\/v2\/tx_trend?post=13373"},{"taxonomy":"tx_program","embeddable":true,"href":"https:\/\/sosv.com\/wp-json\/wp\/v2\/tx_program?post=13373"},{"taxonomy":"posts_type","embeddable":true,"href":"https:\/\/sosv.com\/wp-json\/wp\/v2\/posts_type?post=13373"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}