{"id":94384,"date":"2025-02-13T00:00:00","date_gmt":"2025-02-13T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/13\/pieship-rasmal-hopea-pay-close-funding-rounds\/"},"modified":"2025-02-13T00:00:00","modified_gmt":"2025-02-13T00:00:00","slug":"pieship-rasmal-hopea-pay-close-funding-rounds","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/13\/pieship-rasmal-hopea-pay-close-funding-rounds\/","title":{"rendered":"Pieship, Rasmal, Hopea Pay close funding rounds"},"content":{"rendered":"

\n

RASMAL-<\/p>\n

Homeg<\/strong>rown eq<\/strong>uity management solutions provider <\/strong>Rasmal<\/a><\/strong> secured USD 4.8 mn in a <\/strong>Pre-Series A round led by SHG<\/strong> at Leap 2025 to support the development of new services and tools aimed at streamlining investment processes and equity transfers, according to a statement on Linkedin<\/a>.<\/p>\n

About Rasmal: <\/strong>Founded in 2019 by Basil Alkuraya (Linkedin<\/a>) and Nasser Al-Tamimi (Linkedin<\/a>), Rasmal is a fintech specializing in automating cap table management and governance, fundraising and equity transfers, while also advising clients on investment management and investor relations. Rasmal is a member of Misk Foundation\u2019s Saudi Unicorns Program. <\/p>\n

\n

PIESHIP-<\/p>\n

Homegrown <\/strong>last-mile delivery<\/strong> platform <\/strong>Pieship<\/a><\/strong> secured SAR 7.9 mn in a seed <\/strong>investment <\/strong>round<\/strong>, according to a statement<\/a>. The round was led by Nama Ventures, with participation from Seedra Ventures funds and unnamed angel investors. <\/p>\n

The details:<\/strong> The funds will be used to support expansion plans into seven major Saudi cities, including Jeddah, Makkah, Madinah, Dammam, Al Khobar, Qassim, and Khamis Mushait, leverage AI to improve fleet management and deliveries, and launch new logistics services. To date, the startup has delivered 600k shipments and onboarded 1.2k captains.<\/p>\n

About Pieship: <\/strong>Founded in late 2023 by Nasser Alharthi (LinkedIn<\/a>), Mohamed Mohsen (LinkedIn<\/a>), and Mosaad Alharthi (LinkedIn<\/a>), Pieship is a Riyadh-based last-mile delivery and supply chain platform that provides real-time tracking, AI-powered route optimization, and a crowdsourced driver network while reducing operational costs for businesses and deliveries.<\/p>\n

\n

ALSO FROM STARTUP LAND-<\/p>\n

#1- <\/strong>Hea<\/strong>lthcare fintech <\/strong>Hopea Pay<\/a><\/strong> raised SAR 1.5 mn in a pre-seed fundin<\/strong>g round led by <\/strong>Iwan Ventures<\/strong>, with participation from Odba VC and Beetleware, according to a LinkedIn post<\/a>. \u201cThis funding will enable us to scale our technology and make healthcare financial solutions more accessible and efficient across the region,\u201d Hopea Pay Founder and CEO Lewa Abukhait (LinkedIn<\/a>) said. <\/p>\n

#2- <\/strong>Syn<\/a><\/strong>dica<\/a><\/strong>te Holding Group (SHG)<\/a><\/strong> has allocated over USD 50 mn for startup <\/strong>investments at <\/strong>Leap<\/strong>, Aleqtisadiah<\/a> quotes CEO Mohammed Al-Qarafi as saying. The group closed seven agreements valued at between USD 2-5 mn across Pre-Seed, Seed, and Series A funding rounds, and looks to close a total of 15 investments financed by a USD 100 mn investment fund.<\/p>\n","protected":false},"excerpt":{"rendered":"

ALSO- Syndicate Holding Group (SHG) allocated over USD 50 mn for startup investments at Leap 25<\/p>\n","protected":false},"author":1,"featured_media":94385,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2556],"tags":[10,4002,4000,4001,179],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-94384","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startup-watch","tag-enterpriseam-ksa","tag-hopea-pay","tag-lite","tag-pieship","tag-startup-watch","wpautop","entry"],"acf":{"mongo_id":"bbe56dbf-de2c-45d1-b19b-93ce063be949","order":"11","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/8\/2580.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Pieship, Rasmal, Hopea Pay close funding rounds","related_issue":[94364],"teaser":"ALSO- Syndicate Holding Group (SHG) allocated over USD 50 mn for startup investments at Leap 25","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.dd8cba98-262a-4d89-a97e-f08e9c068c20.mp3"},"yoast_head":"\nPieship, Rasmal, Hopea Pay close funding rounds - 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