Flextock Raises $12.6M Series A to Scale MENA E-Commerce Logistics

Enas Siam and Mohamed Mossaad, Flextock Co-Founders

Flextock, the Egypt-founded e-commerce logistics and enablement platform, has raised $12.6 million in a Series A round led by TLcom Capital, with participation from Conjunction Capital and Capria Ventures, alongside Access Bridge Ventures, Foundation Ventures, BY Venture Partners, JIMCO, Alter Global, MSA Capital, and other investors.

Founded in 2021 by Mohamed Mossaad and Enas Siam, Flextock provides an integrated platform that combines fulfilment, last-mile delivery aggregation, cross-border trade enablement, sales-channel access, and embedded merchant financing. The company operates across Egypt and Saudi Arabia, supporting merchants in managing logistics, sales, and cash flow through a unified technology layer.

The funding will be used to expand Flextock’s operational infrastructure in its core markets, deepen product capabilities across its end-to-end suite, and accelerate merchant acquisition. The company aims to further integrate fulfilment, shipping, cross-border expansion, and financing into a single operating system designed to reduce fragmentation for e-commerce businesses.

Flextock’s product portfolio includes Flextock for fulfilment and inventory management, Flexship for last-mile delivery aggregation, Flexborders for cross-border trade enablement, Flexshops for marketplace access, and Flexcash for data-driven merchant financing.

As e-commerce adoption accelerates across MENA, Flextock is positioning itself as infrastructure for SMEs seeking scalable logistics and access to working capital, helping merchants expand regionally without heavy fixed costs.

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