The Astronauts Handbook
The Astronauts Handbook

Be proud. You’re an astronaut!

Be proud. You’re an astronaut!

Wadi Hawi

⁠

Vision

To be the most innovative success-driving and growth-accelerating platform in retail tech.

Mission

Conquer the moment of exchange - physical or virtual - by designing and building a unique merchant-centric point of sale experience; satisfying end customers and fueling apps to create a value-driven ecosystem for a borderless network of merchants.

Background

Inspiration

During previous endeavor with iFood. There was a struggle with point of sale systems, could not fully automate the process, reduce overheads, eliminate wrongly handled orders nor further enhance the customer experience. Legacy POS systems in the region are way outdated, complex and expensive. The point-of-sale is the core of a customer-merchant interaction and transaction.

History

We wrote the first line of code in April 2016. We had our first MVP installed in June at a restaurant in Amman. Then we tested the product for 2 months and August 1st was the first official operational day at POSRocket.

We had a 30sqm room and team ready, and less than a month later, we had our first paying client. Then we opened our offices in Egypt in December 2016 and we have been expanding ever since.

Timeline

Company launch date: 1 Aug 2016

Launching EG office: Jan. 2017

$1m in transactions: May 2017

100 shops: Jun 2017

Seed Investment: Jul 2017

200 shops: Nov 2017

Series A Investment: Jul 2018

Launching KW office: Sep 2018

Launchpad API platform release: Jan 2019

1000 shops: Jul 2019

Operations in KSA: Jan 2020

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