Ibtikar Fund and Flat6Labs Mashreq Seed Fund have teamed up to invest in Olivery, a fast-growing B2B tech company. Olivery provides an easy-to-use software platform (with little or no coding needed) that helps logistics companies and merchants manage and fully digitize their delivery operations from start to finish.
Founded in 2020 by Ram Merei, Malak Duraidi and Obada Abdelkareem, Olivery started as a lean startup and has now become a strong regional player. Today, it serves over 200 active clients across nine countries, showing impressive growth in just a few years.
Olivery’s cloud-based platform brings together every step of the delivery process—like creating orders, tracking drivers, setting routes, handling cash-on-delivery, and sending customer updates—all in one simple dashboard. It’s designed so non-technical teams can easily manage operations, cut costs, speed up deliveries, and boost customer satisfaction for couriers, retailers, and e-commerce businesses.
“We are proud to back the Olivery team as they modernise logistics across our region,” said Habib Hazzan, Managing Partner at Ibtikar Fund. “Their platform is not only scalable and robust—it’s thoughtfully designed for the realities of local markets. We believe Olivery is well-positioned to become a key enabler of digital transformation in MENA’s logistics sector.”
Rasha Manna, General Manager of Flat6Labs Mashreq Seed Fund, said, “We are proud to be Olivery’s first institutional investor and to have supported the founders from the very beginning of their journey. Over the course of our partnership, we have worked closely with the team and continue to be highly impressed by both their vision and their ability to execute. As we look ahead, we are excited to reinforce our commitment by participating in this follow-on investment as part of the current round led by Ibtikar to fuel further Olivery’s growth and expansion across the MENA region in the next phase of their journey.”
The investment will fuel Olivery’s product roadmap, including the launch of new AI-powered features for predictive routing, automated data entry and proactive customer support. It will also support regional expansion efforts and strengthen customer success and onboarding operations.
“This investment is more than a financial milestone; it’s a strategic partnership that empowers us to build the backbone of modern logistics infrastructure across the Middle East and North Africa,” said CEO Ram Merei. “Together with Ibtikar and Flat6Labs, we’re delivering technology that allows national couriers and independent merchants alike to operate with the speed, transparency and reliability that modern commerce demands.”
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