Logexa, a logistics startup from Saudi Arabia, has raised $2 million in a Pre-Series A funding round. The company uses the power of the sharing economy to improve delivery and logistics services.
The funding round included investments from Seedra Ventures, Nour Nouf Ventures, and several angel investors. It’s a strong achievement for a company that began developing its tech-based logistics platform in 2021.
What makes Logexa stand out is its smart “storage on demand” model. Instead of spending huge amounts of money on new warehouses and vehicles, the company uses existing storage spaces and transport options that are not being fully used across Saudi Arabia.
This approach benefits everyone — warehouse owners can earn from their unused space, and businesses get fast, flexible logistics without big costs. It’s a great fit for today’s cost-conscious market.
According to the company, the new funding will help Logexa grow its operations in Saudi Arabia and improve its digital systems. Its platform already links warehouses, transport companies, and clients in real time, making it easy to track, book, and manage logistics instantly.
This isn’t the first time investors have supported Logexa — Seedra Ventures also led the company’s earlier seed funding round in 2022.
With the new funding, Logexa plans to grow its operations and make its platform even better.
The company also aims to create a full digital ecosystem and marketplace for logistics and storage services.
Logexa was founded in 2021 by Hussam Sindi and Hussam Spano.
The company is changing the way logistics work in Saudi Arabia by offering smarter, more efficient, and eco-friendly supply chain solutions.
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