UAE’s Shorages secures $1 million to streamline GCC fulfillment

👋 Say hello to Shorages! A UAE-based startup that offers logistics and warehouse management solutions to help merchants efficiently scale their online and offline sales across the region.

• Launched by Rayan Osseiran in 2019, they’ve just secured $1 million in pre-series A funding!

💰 Investor lowdown: The round was led by Joa Capital, as part of their S3 Ventures Fund. This new funding comes after a $700,000 seed round for Shorages in 2022. 

💸 Why now? Shorages is capitalising on the explosive growth of e-commerce in the GCC, with the sector expected to reach $50 billion by 2025. 

With this rapid expansion, merchants face significant challenges in managing logistics and distribution efficiently. This is where Shorages steps in!

💡 What do they offer?

• Their platform offers real-time insights into stock levels and order statuses, making inventory management a breeze.

• Integrating seamlessly with platforms like Shopify, Sala, and WooCommerce, it connects merchants directly to major marketplaces including Amazon and Noon.

⚙️ Break it Down

For merchants? They gain a partner in scaling their operations both locally and internationally, with the infrastructure to support both B2B and B2C channels. 

• They can also utilise Shorages’ advanced warehouse management system to streamline logistics.

🔮 Flashforward

Shorages will use this funding for international expansion, with plans to open more warehouses across the GCC, and bridge logistical gaps between the UAE and KSA.