PIESHIP Saudi Arabia Closes a $7.87 Million Seed Round to Support Expansion Across the Kingdom

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PIESHIP has successfully closed a $7.87 million Seed funding round, led by Nama Ventures, with participation from SEEDRA Ventures and angel investors.

PIESHIP specializes in last-mile operations management, offering an innovative system for shipment analysis, driver routing, and delivery route optimization, improving delivery efficiency and speed.

This funding round will support the company’s expansion plans to reach 7 key cities in Saudi Arabia, including Jeddah, Mecca, Medina, Dammam, Khobar, Qassim, and Khamis Mushait.

The company was founded in late 2023 by Nasser Alharthi, Mosaad Alharthi, and Mohamed Mohsen.

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