E-commerce infrastructure platform Flextock secured USD 12.6 mn in a Series A round led by TLcom Capital, with participation from other investors, according to a statement (pdf). The raise brings Flextock’s total funding to date to USD 15.8 mn, having also closed a USD 3.25 mn pre-seed round in 2021. Flextock will use the fresh capital to expand its operational footprint in Egypt and Saudi Arabia and further develop its integrated platform.
Flextock runs a tech-enabled platform that brings together logistics, sales, and financing for e-commerce merchants, simplifying a system that many merchants find fragmented and costly, co-founder Mohamed Mossaad tells EnterpriseAM. The platform combines fulfillment, last-mile delivery aggregation, cross-border trade enablement, online sales channel access, and embedded financing.
The firm focuses on cross-border e-commerce, where sellers often face regulatory uncertainty, customs procedures, tax requirements, and inconsistent delivery timelines. Through its Flexborders arm, the company bundles compliance, customs clearance, fulfillment, and delivery into one integrated service to reduce risk and cost while helping merchants scale more predictably, according to Mossaad.
Looking ahead, Flextock is turning its attention to execution. The company is investing in automation, data intelligence, and AI-driven tools to streamline fulfillment and cross-border operations, while scaling its go-to-market teams to attract larger merchants, Mossaad explained.
It is also eyeing more markets in the region where e-commerce demand is rising but infrastructure remains fragmented, planning a rollout with local partners.