- Shorages secures $1M pre-Series A funding for its dynamic fulfilment startup in the GCC.
- Strategically positioned fulfilment centers in UAE and KSA empower merchants for local and international sales.
- Sophisticated warehouse management system offers unprecedented visibility and integrates seamlessly with leading e-commerce platforms.
- Funding focuses on expanding warehouses across the GCC, facilitating brand expansion between UAE and KSA.
Shorages is a dynamic fulfilment startup based in the GCC region. It has recently secured a noteworthy pre-series A funding round totaling $1 million, marking a significant milestone following its successful launch in the Kingdom of Saudi Arabia (KSA).
Founded in 2019 by Rayan Osseiran, Shorages revolutionizes e-commerce logistics in the GCC. Offering fulfilment centers in the UAE and now in the KSA, Shorages enables e-commerce platforms to efficiently manage inventory and fulfil orders across the region.
The recent $1 million pre-Series A funding round will fuel Shorages’ international expansion, with plans to launch more warehouses across the GCC.
This funding follows a successful $700,000 Seed round in 2022. With its strategic expansion, Shorages is poised to further strengthen its position as a key player in the GCC’s e-commerce logistics ecosystem.
The company’s innovative approach is based on providing a robust network of fulfilment centers, strategically positioned across the UAE and KSA, to empower merchants in unlocking their online sales potential within the GCC and beyond.
At its core, Shorages offers a comprehensive suite of services tailored to meet the diverse needs of modern merchants. The company leverages its extensive infrastructure to facilitate seamless inventory management and order fulfilment, both locally and internationally.
This capability streamlines operational processes for merchants and enables them to capitalize on emerging opportunities across various B2B and B2C channels.
A key distinguishing factor for Shorages is its steadfast commitment to technological advancement. The company has developed a sophisticated warehouse management and order fulfilment system that serves as the cornerstone of its service offering.
Through this centralized software platform, merchants gain unprecedented visibility into their stock levels, order statuses, and overall sales performance. Moreover, the system seamlessly integrates with leading e-commerce platforms such as Shopify, Sala, and WooCommerce, as well as prominent marketplaces like Amazon and Noon.
Beyond its client-facing software solutions, Shorages prioritizes the implementation of proprietary software within its fulfilment centers. This internal software equips staff with the tools necessary to efficiently manage inventory and prepare orders, further enhancing operational efficiency and customer satisfaction.
In addition to its technological prowess, Shorages operates with a strategic focus on leveraging economies of scale to negotiate favourable terms from suppliers, which are then extended to its merchant partners.
This approach underscores the company’s commitment to fostering mutually beneficial relationships within the e-commerce ecosystem, driving sustainable growth for all stakeholders involved.
Shorages is gearing up for international expansion with its latest funding round, which focuses on launching additional warehouses across the GCC. The company, having already established a presence in KSA, is now poised to facilitate brand expansion into the Kingdom, effectively acting as a conduit between the UAE and KSA.
The company’s ambition is to emerge as a key player in the GCC’s 3PL ecosystem. Rayan Osseiran, CEO of Shorages, emphasizes that they have firsthand experience of the GCC’s allure as a burgeoning hub for brand expansion.
He states that their goal is to leverage this strategic positioning by serving as the premier logistics infrastructure for these companies. Osseiran adds that they are thrilled to welcome Joa Capital on board to propel their vision forward.
Joa Capital spearheaded the funding round through its S3 Ventures Fund. Abdulrahman Almousa, a partner at Joa Capital, expresses that they are proud to back Shorages in its recent Pre-Series A funding, reaffirming their commitment to nurturing innovative ventures poised to reshape the commerce landscape in the GCC and beyond.
Almousa states that this investment resonates with their mission to forge enduring partnerships with visionary entrepreneurs, amplifying their impactful solutions across the region and fostering a more interconnected and dynamic future.
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Last Updated on April 25, 2024 by Safiya K
