Milezmore, an Egyptian startup that specializes in cloud fulfilment, last-mile delivery, and customised operations, has raised US$5 million in pre-seed capital. The funds were invested by Brimore, a social commerce platform.
Ahmed ElAttar and Mohamed Abdulaziz launched Milezmore in 2021 to provide a broad range of dependable, scalable, and cost-effective cloud fulfilment and delivery solutions using cutting-edge technologies. The startup has undergone rapid expansion, with a storage space of more than 20,000 square meters. Through 15 delivery hubs, it has grown its reach across Egypt, processing over 15 million goods, delivering over a million shipments, and recruiting 25 customers from various industries.
Milezmore will be able to fast scale its cloud solutions with the additional new funding, which will allow it to extend its storage space, boost delivery capacity, and double its crew, allowing for a 50X expansion in its client base. Ahmed ElAttar, managing director and co-founder of Milezmore said
“We are proud to be the first Egyptian startup to offer all three services and cater to all types of companies. What I witnessed during the past four years is that the traditional supply chain wasn’t built to solve today’s problem, and I believe Milezmore was built for that. In one year, we were able to build a strong and passionate team that drove the company forward and achieved tremendous results. This is only the beginning, and we’re confident that Milezmore will revolutionise the logistics industry in the near future”
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Source: Egyptian’s Milezmore raises US$5 million in a pre-seed round
Category: Entrepreneurship, Northern Africa
