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HomeRecent ArticlesSaudi Arabia-based PIESHIP Secures Undisclosed Pre-Seed Funding

Saudi Arabia-based PIESHIP Secures Undisclosed Pre-Seed Funding

PIESHIP, Logistics startup serving e-commerce brands and their customers using Ai and crowdsourcing has secured Undisclosed Pre-Seed investment from SEEDRA Ventures, Nama Ventures, and other angel investors.

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PIESHIP intends to make investments in R&D, expand its company, create new goods and services for its clientele, and support the expansion of the industry from the funding.

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On this occasion, Nasser Alharthi, Founder and CEO, said: “PIESHIP provides innovative solutions in the logistics sector to improve the last-mile delivery companies’ experience, aiming to deliver shipments faster with practical communication tools with customers. PIESHIP has also enabled delivery companies to increase the efficiency of delivery representatives by creating an effective competitive environment among employees.

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Haitham Alforaih, co-founder and CEO of SEEDRA Ventures, said: “We’re experiencing a continuous rise in the e-commerce market; logistical services that cater to this booming industry are of high significance. We are confident that PIESHIP is well-positioned to provide the best technical solutions to help logistics companies keep pace with the market.”

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“I wrote my first investment cheque in 2005, so I believe I’ve developed a skill in identifying people with true domain expertise within half an hour. With Nasser, I knew he was knowledgeable about logistics within the first 10 minutes,” said Mohammed Alzubi, founder and managing partner of Nama Ventures. “As we say at Nama Ventures, we don’t invest in apps; we invest in teams with complementary skill sets building well-managed companies. This is the case with Pieship. We saw a great “seller” in Nasser, a great “doer” in Mohammed, and a great “operator” in Musaed. This makes us incredibly excited to join this amazing rocket ship with such a distinguished founding team.”

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Founded in 2023 by Nasser Alharthi, Musaed Al-Amri, and Mohammed Mohsen, PIESHIP which specialises in warehouse management solutions, an application for delivering shipments, and technical solutions for logistics services. PIESHIP participated in the first cohort of the National Technology Development Program’s (NTDP) MVPlab initiative and earned a spot among the top 20 projects.

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