Leajlak Secures $2.6M Seed Funding to Expand Logistics Platform

Leajlak Secures $2.6M Seed Funding to Expand Logistics Platform

18 February 2025

Khalid Albakry, a man in traditional white attire and a black headband poses against a plain background, looking directly at the camera, representing Leajlak's $2.6M Seed fundind round.

Khalid Albakry, Leajlak Co-Founder & Chairman

Startup company Leajlak has successfully closed a SAR 10 million Seed funding round, backed by a group of angel investors. The company aims to use the investment to expand geographically, enter new sectors within e-commerce and retail, and attract top talent to accelerate its growth trajectory.

Leajlak offers an advanced digital platform powered by artificial intelligence, designed to connect merchants with logistics service providers. The platform optimizes delivery services, focusing particularly on last-mile delivery operations.

Leajlak stands out with its capability to meet the demands for both rapid deliveries and scheduled delivery options based on customer preferences. This enhances service reliability and provides a superior consumer experience.

Expansion Plans and Growth Strategy

With the fresh funding, Leajlak plans to extend its geographical presence within Saudi Arabia while venturing into new industries such as e-commerce and modern retail. The company is also focused on recruiting top-tier professionals to drive its rapid expansion.

Company Founders

Leajlak was founded in early 2023 by entrepreneurs:

  • Khalid Albakry
  • Ahmed Rashid
  • Haseeb Rahman

Future Vision

Leajlak aspires to lead the digital transformation within the delivery sector by offering intelligent solutions tailored to the growing demands of the e-commerce industry in Saudi Arabia. This aligns with the goals of Saudi Vision 2030, which emphasizes digital transformation and strengthening the logistics sector to support the digital economy.

Booming Delivery Sector in Saudi Arabia

Saudi Arabia’s delivery sector is witnessing remarkable growth, driven by the flourishing e-commerce market and evolving consumer behavior. This presents promising opportunities for startups like Leajlak to introduce innovative technology-driven solutions and enhance customer experiences.

Source: EntArabi

Author

Lucy, the cute female unicorn of Lucidity Insights, waving and standing in front of a purple background.

Lucy is a young unicorn passionate about responsible business practices, from Sustainability and ESG performance management to deep-dive investigations of the broad socio-political and macro-economic implications of various government and business strategies. Lucy has a knack for research, data analytics, and understanding the implications of new and disruptive technologies. Prior to becoming a tech news reporter, Lucy spent a few years working for the United Nations, researching and evaluating the socio-economic impact of various programs and the adoption of technological innovations. Lucy studied integrated engineering, and worked on converting her fuel-powered car into an electric vehicle as her final project for graduation. Lucy can still be seen driving her zero-emissions vehicle in and around Dubai, where she grew up. Lucy speaks English and Arabic, and completed her studies in Canada, where she also minored in magic powered technological solutions. Lucy specializes in sustainable development, climate tech, ESG, social impact startups, venture capital, macroeconomics and geopolitics.

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