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VOLZ Raises $5 Million in a Landmark Funding Round for Algeria

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VOLZ has secured nearly $5 million in Series A funding, a deal that stands out not only for its size but for what it represents for Algeria’s growing startup scene. Led by a group of private investors under Tell Group, with the participation of Groupe GIBA, this round is the largest startup investment in Algeria to date when measured in local currency. More importantly, it shows that Algerian startups can scale, attract serious investors and deliver strong returns.

The announcement was made at the African Startup Conference in Algiers in December 2025, where VOLZ was also a champion sponsor. The timing and setting were fitting. The conference brought together founders, investors and policymakers, and VOLZ’s announcement quickly became one of the most talked about moments. For many in the room, it felt like a clear sign that the local ecosystem is moving into a more mature phase.

One of the most significant outcomes of this deal is the first successful exit of the Algerian Startup Fund. The state backed fund achieved a return of more than 3.35 times its initial investment in VOLZ. This provides real proof that public investment in startups can work.

Founded in 2023 by Mohamed Abdelhadi Mezi and Hacene Seghier, VOLZ has grown at an exceptional pace. In just one year, the company recorded more than 1000 percent growth. That growth did not come from chasing trends but from solving a problem many Algerian travellers know well. Booking flights has often been expensive, complicated and poorly adapted to local payment habits. VOLZ decided to start there.

Built Around Real Travel Needs

VOLZ is a travel tech platform designed for local realities. It allows travellers to book flights in Algerian dinars, using online payments or cash on delivery. Users can compare multiple airlines in one place, making it easier to find options that suit their budget and schedule. For many people, this simple change removes a major barrier to travel.

The company’s mission is straightforward. Giving back the power to the traveller. By focusing on transparency, ease of use and customer support, VOLZ has built trust in a market that has long felt fragmented and difficult to navigate. This approach is a big reason why users have adopted the platform so quickly.

“This funding round marks a new milestone for VOLZ. It allows us to accelerate our mission to empower Algerian travellers by making travel simpler, clearer and more accessible,” says Mohamed Abdelhadi Mezi, CEO of VOLZ. “We thank ASF for its historic role in our beginnings and welcome our new investors with ambition and responsibility.”

Investors were drawn to several factors. A service model that fits how people actually pay and travel. A team that has shown it can execute in a complex market. And consistent growth driven by trust and innovation rather than heavy marketing alone. Together, these elements made VOLZ a strong candidate for a record breaking round.

Expanding Across Algeria and the Region

With fresh capital in place, VOLZ is now focused on its next phase of growth. In Algeria, the company plans to launch new consumer products and strengthen its existing platform. It is also preparing to introduce a corporate travel product, aimed at helping businesses manage and optimise their travel needs more efficiently.

At the same time, VOLZ is looking beyond Algeria’s borders. The company plans to expand into markets across North and West Africa, where many of the same challenges exist. Limited payment options, unclear pricing and fragmented booking systems remain common across the region. VOLZ believes its model can travel well, adapting to each market while keeping the same focus on simplicity and trust.

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