WEE Marketplace secures $10 million as part of pre-Series A round

WEE Marketplace secures $10 million as part of pre-Series A round

UAE-based e-commerce startup WEE has concluded a pre-Series A round at $12 million, after raising a $10 million investment, comprising equity and credit facilities, from SIG Investment.

Founded in 2021 by Anastasia Kim, Oleg Dashkevich and Sergey Kolikov, WEE is an online marketplace that offers fast delivery services.

The investment will upgrade WEE's logistics capabilities, expedite its growth, and expand its team.

Press release:

WEE, the pioneering marketplace known for its fast product delivery across the UAE, announces a significant milestone: a $10 million infusion (comprising equity & credit facilities) from SIG Investment, underscoring confidence in WEE's vision and capabilities. This latest investment propels WEE's valuation to an impressive $40 million.

Setting itself apart in the bustling UAE online marketplace, WEE has garnered acclaim for its unrivalled delivery services, reminiscent of the acclaimed American Target Plus model. Operating with an exclusive network of trusted partners, WEE empowers consumers in Dubai with the convenience of ordering goods, promising delivery within the hour, and extending to next-day delivery for the rest of the emirates.

Under the adept leadership of Anastasia Kim, CEO and co-founder, along with the visionary guidance of co-founders Oleg Dashkevich and Sergey Kolikov, WEE Marketplace is poised for even greater heights.

“The investment is set to