Home News Shorages Raises $1 Million Pre-Series A Round

Shorages Raises $1 Million Pre-Series A Round

The funding will help the logistics startup expand its warehouses in the region.

By Inc.Arabia Staff
images header

UAE-based logistics startup Shorages has secured a pre-Series A funding round totaling $1 million led by Joa Capital, as part of their S3 Ventures Fund. This step follows the company's launch in Saudi Arabia.[1]

Read More: Arcapita Launches $500 Million Logistics Fund in KSA

Founded in 2019 by Rayan Osseiran, Shorages boasts a suite of services tailored to support merchants in navigating the complexities of modern commerce, encompassing both business-to-business (B2B) and business-to-consumer (B2C) channels.

Shorages operational hubs are already established in the UAE and now expanding into KSA.

The most recent capital infusion will help Shorages' plans for international expansion, which include the opening of additional warehouses throughout the GCC region.

Last update:
Publish date: