Dubai-basedlogistics startup Shorages has secured USD 1 mn in a pre-series A funding round following the company’s expansion to Saudi Arabia in November, according to a {press release}. The seed round was led by Riyadh-based investment manager Joa Capital through their S3 Ventures Fund.

The seed round will help Shorages expand its warehouses across the GCC, while also facilitating the expansion of more brands within Saudi Arabia, thus serving to build a “bridge between the UAE and KSA,” according to the statement.

More on Shorages: Established in 2019 by Rayan Osseiran (LinkedIn), Shorages offers a network of fulfillment centers that can receive inventory and dispatch orders locally and internationally for contracted merchants. The company also has a management and order fulfillment system, allowing merchants to monitor their stock levels, order statuses, and sales performance, and offers product registration services.

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