Saudi Arabia-based B2B logistics and last-mile supply providers supplier WeDeliver has raised a $2.4 million pre-Seed spherical from Saudi logistics firm, Salasel Alemdad, VEST funding firm, Palestine Paltel Telcom Group, the Mutasami household fund, Arcom Applied sciences, in addition to a bunch of angel traders, and members of the Riyadh Chamber of Entrepreneurship Organisation.
Based in 2020 by former Careem operations supervisor, Ahmad Ramahi; former head of expertise at Nana, Mohammad Abu Kwaik; and Nasser Almaawi, WeDeliver provides last-mile supply providers with a same-day supply utilising crowdsourced fleets of freelancers and warehouses.
The platform connects e-commerce companies with drivers on the right track to ship their parcels to the top customers, enabling the drivers to select up bulk parcels without delay and ship them in close by space.
Riyadh-headquartered B2B asset-light final mile startup, WeDeliver, has introduced the closing of its unprecedented $2.4 million pre-Seed spherical. That is the most important pre-Seed spherical for a Saudi-based startup and the third-largest for a startup within the Mena area.
The corporate, based by three trade entrepreneurs, launched operations in Riyadh in April 2020, just some weeks after Covid-19 hit Saudi. It has since expanded operations to incorporate Jeddah and Dammam and is ready to disrupt the logistics trade.
WeDeliver has constructed an revolutionary asset-light operational mannequin backed by expertise to offer dependable and price environment friendly last-mile supply providers promising similar day supply for similar metropolis shipments by utilising crowdsourced fleets of freelancers and crowdsourced warehouses.
The tech-driven platform connects e-commerce companies with drivers on the right track to ship their parcels to the top customers. The extra fascinating a part of WeDeliver’s mannequin is the crowdsourcing of its hubs that embody easy-to-find areas which might be used as assortment spots to make it simpler and sooner for freelancer drivers to select up bulk parcels without delay and ship them in close by areas.
Ahmad Ramahi, Cofounder and CEO of WeDeliver says: “WeDeliver is a MENA start-up with a world imaginative and prescient, pushed by an skilled staff. Now we have bold plans to counterpoint our progress within the Saudi market and look ahead to increasing to new regional markets.“
“We imagine that our asset-light collaborative mannequin will disrupt intra-city logistics, enabling sooner, extra environment friendly, low-cost supply for companies and on-line sellers,” continues Ramahi.
Mohammad Abu Kwaik, co-founder and CTO, says: “We’re on a mission to develop a singular product to serve the quick evolution of our operations and to satisfy the quick rising market’s wants. Our operational mannequin is incomplete with out equipping it with top-notch expertise options to reinforce person expertise, with extra give attention to the automation, optimisation and utilizing knowledge.”
Nasser Almaawi, co-founder of WeDeliver, says:“We realise that the general expertise of e-commerce is straight linked to the standard of last-mile supply. Regardless of attaining a 300 per cent progress price final quarter, we take note of high quality of service, subsequently, we’re promising to offer an distinctive buyer expertise by a personalised supply course of by providing totally different last-mile supply choices with verified drivers, clear pricing, and glorious buyer help”.
The corporate’s founders are former Careem operations supervisor, Ahmad Ramahi; former head of expertise at Nana, Mohammad Abu Kwaik; and Nasser Almaawi. Present spherical companions embody Saudi logistics firm, Salasel Alemdad, VEST funding firm, Palestine Paltel Telcom Group, the Mutasami household fund, Arcom Applied sciences, together with Angels from main administration consulting corporations, members of the Riyadh chamber of Entrepreneurship Group, and the start-up is keen to accomplice with strategic institutional and particular person traders who can add worth past capital and help the promising growth plans.