Saudi Arabia’s Pickappo Secures $535k Pre-Seed Round to Advance Smart Delivery Solutions

Saudi-based Pickappo, a company specializing in fast delivery solutions, has announced the closing of a $535,000 Pre-Seed funding round, backed by an angel investor and an investment fund, supporting the company’s growth and expansion plans.

The company plans to use the fresh capital to enhance its technology products, expand the use of artificial intelligence and automation, attract talent, and strengthen strategic partnerships, further improving its operational capabilities.

Pickappo aims to empower the sector by building a technology layer that connects key stakeholders, including logistics companies, restaurants, student platforms, and e-commerce stores, through a unified and more flexible operating network.

Since its inception, the company has built a network of more than 100 logistics companies, while establishing several technology integrations and partnerships with local and international brands, in addition to signing agreements with government entities, according to the company’s statement.

The latest funding round comes amid the rapid growth of the logistics and digital commerce sectors in Saudi Arabia, as Pickappo continues investing in innovation and development to strengthen its position as a key technology enabler for the on-demand digital delivery sector across Saudi Arabia and the wider region.