Shorages raises $1 million Pre-Series A round

Shorages raises $1 million Pre-Series A round

UAE-based logistics startup Shorages has raised a $1 million pre-Series A funding round, led by Joa Capital, as part of their S3 Ventures Fund

Founded in 2019 by Rayan Osseiran, Shorages provides fulfilment centres around the UAE, and now the KSA, for e-commerce platforms to receive inventory and dispatch orders across the GCC region.

This latest round will be used for international expansion as Shorages plans to launch more warehouses across the GCC.

In 2022, Shorages raised a Seed round of $700,000.

Press release:

Shorages, a GCC-based fulfilment startup, announced that it has raised a pre-series A round of $1 million following its successful launch in KSA.

Shorages offers a network of fulfilment centres that provide merchants with the infrastructure needed to unlock online sales in the GCC. With fulfilment centres in the UAE and now KSA, it is prepared to receive inventory and dispatch orders locally and internationally for the merchants they work with.

As an omnichannel logistics provider, Shorages is well-equipped with the infrastructure needed to help merchants launch and scale their business across B2B and B2C channels. To date, Shorages has supported several brands with their online and offline product distribution. Furthermore, the company leverages economies of scale to secure favourable terms from suppliers