Iraqi e-commerce startup Boxy has raised $1.5 million in a pre-seed funding round. The investment was led by EQIQ.
This funding is part of EQIQ’s plan to support projects that fill market gaps and help strengthen Iraq’s growing digital infrastructure.
The investment will help speed up the development of Boxy’s technology and support its business growth within Iraq.
Boxy plans to focus primarily on expanding in Baghdad and other major cities, as the country’s e-commerce sector continues to grow quickly.
Boxy was created to solve key problems in Iraq’s delivery sector, which faces issues like scattered service providers and poor integration between them.
The platform offers a single, unified interface for merchants, making it easier to manage their deliveries in one place.
It also uses an AI-powered matching engine that picks the best delivery company for each order based on real performance and user preferences, reducing setup time for merchants from weeks to just a few hours.
Boxy was founded in 2024 by Ahmed Baqer and Mehrshad Pezeshk.
The startup provides a smart, all-in-one platform that connects delivery companies across Iraq, giving merchants instant, data-driven shipping options in an integrated system.
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