
Riyadh - Sharikat Mubasher: Logexa, a leading Saudi provider of logistics solutions for businesses, successfully closed a $2 million pre-Series A funding round, with participation from Seedra Ventures, Nour Nouf Ventures, and several angel investors.
In a statement today, the company revealed that it will use the investment to accelerate expansions in the Saudi market and scale its digital ecosystem and marketplace for logistics and storage services.
This milestone reflects Logexa’s position as a leading provider of on-demand warehousing solutions that help companies manage expansions and operations flexibly and seamlessly.
Founded by Husam Sendi and Hussam Spano, Logexa provides digital solutions for shared warehousing and transportation, enabling businesses to optimize unused logistics resources across Saudi Arabia, ultimately improving efficiency and sustainability.