HomeFinTechzip24: Raises US$1.2M in Funding

zip24: Raises US$1.2M in Funding

zip24 Raises US$1.2M in Funding

  • zip24, a Dubai, UAE-based logistics Software as a Service (SaaS) startup, raised US$1.2m in pre-series funding
  • The round was led by Sturgeon Capital, with participation from angel investors from the UK and Gulf Cooperation Council (GCC) countries
  • The company intends to use the funds to expand tech, product & operations teams in Tashkent, Uzbekistan, Dubai, and London
  • The company provides a Software-as-a-Service (SaaS) operations management software for e-commerce brands
  • The company is headquartered in Dubai, in the United Arab Emirates, and has development and support hubs in Uzbekistan, Pakistan, and the UK
  • Customers include over 100 e-commerce merchants, retailers, logistics, FMCG companies, and restaurants
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