Treepz
Techstars '21Toronto, CA Β· 8 known investors
Treepz is a corporate travel platform that manages business travel arrangements including events, vacations, retreats, and group transportation for employees and executives. The company operates across 25 cities in 6 countries.
Also known as Plentywaka Β· Treepz Canada Β· Treepz Inc.
Founders & leadership
Investors Β· 8
Also in the syndicate Β· 3
Company profile
researched Aug 2026Treepz is a corporate travel and mobility platform that lets businesses, entrepreneurs and executives book and manage flights, event packages, vacation packages, car rentals and airport transfers in one place. Its consumer-facing site markets curated event and vacation packages, group bookings for staff retreats and corporate events, and a fleet of more than 1,500 vehicles ranging from sedans and SUVs to vans and buses available for rental in over 25 cities.
Alongside the travel booking product, Treepz operates a corporate mobility business focused on Africa, covering employee shuttle services, car rental, school transportation, conference and convention shuttling, event transportation and airport transportation. That offering is supported by a passenger app for real-time driver tracking and trip changes, a tracking dashboard for live trip visibility, stored-payment checkout including Apple Pay and Google Pay, and upfront pricing.
The company was originally a Lagos intracity and intercity bus service known as Plentywaka. In that earlier model it ran three verticals: "Daily Treepz," a fixed-route, seat-reservation minivan and bus service with in-app digital wallet payments; "Travel Treepz," an intercity bus service in which Treepz aggregated third-party bus operators; and corporate bookings. Management also positioned its inventory management technology as a system bus operators could license to power their own operations. The business subsequently pivoted toward a car-sharing marketplace and then to corporate travel.
Founding story
Treepz started in 2019 as a local transportation startup in Lagos, Nigeria, under the name Plentywaka, aiming to bring a technology-driven, customer-first model to urban mobility. The company dates its launch to 16 September 2019. Its founding team included Onyeka Akumah as co-founder and CEO, Enagwolor Johnny as co-founder and president, John Shaibu as co-founder and senior VP of customer engagement, and Afolabi Oluseyi as co-founder and VP. An early stated thesis was to better utilise the roughly 26 million vehicles available across the continent to provide transportation services while giving car hosts additional income.
Business model
Treepz sells travel and mobility services to corporate customers and individual travellers through its platform, taking bookings for flights, hotels, event and vacation packages, vehicle rentals and airport transfers, and providing tailored group bookings, employee shuttles, event and conference transportation and executive transport. It aggregates supply β vehicles with professional drivers, and previously third-party intercity bus operators β rather than relying solely on owned assets, and works with car hosts whose vehicles generate additional income on the platform. Contracts include multi-year corporate travel management arrangements, such as a two-year agreement covering flights, accommodation, ground transport and experiences for delegations.
Revenue comes from bookings and rentals made on the platform, marketed with transparent upfront pricing, no hidden fees and bundled corporate deals; in the earlier intracity bus service riders paid per trip, spending an average of $2 to $3 per day, and corporate clients contract for shuttle, event and travel management services.
Traction
Treepz reports facilitating over 6 million customer journeys in a little over five years, more than 1,500 vehicles available for rental in over 25 cities, and, in its African corporate mobility unit, moving over 4 million people to events, conventions and conferences. The Ugabus business acquired in 2021 held about 70% of Ugandan bus operators on its platform and around 50,000 customers. Its blog newsletter cites over 3,000 subscribers. Customer references come from Brighter Monday, Liberty Life Assurance, Opportunity Bank and Techstars Lagos, and its first North American client is a two-year engagement with the University of Toronto-sponsored African Impact Initiative.
Latest developments
Treepz launched operations in Canada, holding a launch ceremony at Brampton City Hall with Mayor Patrick Brown, and signed a two-year partnership with the University of Toronto-supported African Impact Initiative to coordinate flights, accommodation, local transport and experiences for annual delegations to South Africa, Kenya, Ghana and Rwanda. It has also launched direct flight bookings covering the UK, Canada, UAE and 210 destinations globally, and published a 2025 milestones review covering growth and expansion.
βΈFull profile β market position, technology, go-to-market, geography, history, risks & controversies
Market position
Treepz positions itself as a leading corporate travel platform and describes its African corporate mobility unit as the continent's leading shared mobility platform. It reports having facilitated over 6 million customer journeys in roughly five years and, at its Canadian launch, described itself as serving customers directly on two continents.
Treepz combines flight, hotel, event, vacation and ground-transport booking in a single corporate platform with bundled corporate pricing, executive and VIP transport options, a vetted driver pool and serviced fleet, real-time trip tracking, and data reporting for recurring trips. Its operating history in high-congestion African cities was cited at the Canadian launch as a source of operational capability transferable to other markets.
Technology
Treepz operates a booking platform with search across flights, events, vacations, car rentals and airport transfers, a passenger mobile app for real-time driver tracking and on-the-fly trip and group-size changes, a live tracking dashboard, saved-payment checkout with Apple Pay and Google Pay support, and an inventory management system that has been offered to bus operators as a technology layer for their own services.
Go-to-market
The company sells directly to corporate accounts and event organisers through business solutions and quote requests, supported by 24/7 travel support, and runs a partner program targeting travel agencies, event hosts and hospitality companies. It also markets through content channels including a company blog and newsletter with more than 3,000 subscribers, and has used accelerators and public-sector programs β Techstars Toronto, Techstars Lagos, the World Trade Center TAP program by the Black Entrepreneurship Alliance, Brampton Entrepreneurs and the BHive program β to build market entry and institutional relationships.
Corporate employers and travel managers, entrepreneurs and executives, event and conference organisers, schools and campuses, airlines, travel agencies and hospitality companies, plus individual and group leisure travellers. Named references include Brighter Monday, Liberty Life Assurance, Opportunity Bank, the Techstars Lagos program, and the University of Toronto-sponsored African Impact Initiative.
Geography
Headquartered in Toronto, Canada, with origins in Lagos, Nigeria. The company states operations in 25 cities across 6 countries and 4 continents; coverage reported at the Canadian launch spans Nigeria, Ghana, Kenya, Uganda and Canada, with the Canadian launch event held in Brampton, Ontario. Its African corporate mobility site cites 16 cities across 4 continents. Earlier expansion targets discussed publicly included Tanzania, Burundi and Ethiopia in East Africa and Togo and Benin from Nigeria.
History
Founded in Lagos in September 2019 as Plentywaka, the company raised $1.3 million in August 2021 and used it to acquire Ghanaian bus company Stabus, then raised a $1.5 million seed extension that funded the acquisition of Ugandan intercity bus aggregator Ugabus, closing its seed round at $2.8 million in November 2021 and rebranding the Ugandan business as Treepz Uganda on 1 December 2021. It also received funding from Google's African Investment Fund and joined the Techstars Toronto accelerator in 2021. In October 2022 it announced deployment of eco-friendly buses in Nigeria. In May 2023 it pivoted to a car-sharing marketplace, in July 2023 launched a partner program for travel agencies, event hosts and hospitality companies, in August 2023 appointed a former Bank of Industry MD and a Meta executive to its board, and in October 2023 partnered with insurtech startup Octamile to launch the "Treepz Care" insurance programme for travellers and hosts. In November 2024 it joined the World Trade Center trade program ahead of global expansion, and it subsequently launched in Canada with the University of Toronto-sponsored African Impact Initiative as its first North American corporate travel client and added direct flight bookings to the UK, Canada, UAE and 210 destinations globally.
Risks & controversies
The company has repeatedly repositioned its core business β from Lagos intracity and intercity bus services to a car-sharing marketplace and then corporate travel β and its public figures are inconsistent across channels, with the corporate site citing 16 cities and over 4 million people moved while the main site cites over 25 cities and over 6 million journeys, and press coverage citing 25 cities in five countries against the company's stated 6 countries. Its growth has depended on cross-border acquisitions and operations in multiple African markets.
Compiled by commissioned research from 8 cited public sources β announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed β not independently audited.
Competitors Β· 1
by search overlapCompanies competing with Treepz for the same Google search keywords, organic and paid, via search-intersection analysis.
Timeline Β· 13
launches, deals, and filingsTreepz launched Canadian operations at a ceremony in Brampton City Hall hosted by Mayor Patrick Brown, and announced a two-year partnership with the University of Toronto-supported African Impact Initiative to manage flights, accommodation, local transportation and experiences for annual delegations to South Africa, Kenya, Ghana and Rwanda.
Treepz partnered with insurtech startup Octamile to launch an insurance programme for travellers and vehicle hosts.
Reported plan for Treepz Nigeria to deploy eco-friendly buses, targeting 10,000 passengers within the first month.
The acquired Ugandan business was renamed Treepz Uganda, launching with intercity and corporate services.
Treepz acquired all of Ugabus' operations and staff, marking its first entry into East Africa; terms were not disclosed and the deal was funded from a $1.5 million seed extension. Ugabus had about 70% of Uganda's bus operators and roughly 50,000 customers on its platform.
Treepz received funds from Google's African Investment Fund to expand its on-demand ride-sharing and intercity bus ticketing services in Africa; the amount was not stated.
Treepz (then Plentywaka) used its August 2021 $1.3 million raise to purchase Stabus, a Ghanaian bus company, as part of continental expansion.
Treepz participated in the Techstars Toronto accelerator program, the start of its path toward a Canadian launch.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
βΈResearch sources Β· 8
primary sources listed
- Treepztreepz.com Β· web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Treepz do?
- Treepz is a Toronto-headquartered corporate travel and group mobility platform that began in Lagos and operates across Africa and Canada.
- Who founded Treepz?
- Treepz was founded by Enagwolor Johnny, Onyeka Akumah.
- Who are Treepz's investors?
- Treepz's investors include LoftyInc Capital, Microtraction, Mo Angels, ODBA, Techstars.
- Where is Treepz headquartered?
- Treepz is headquartered in Toronto, CA.