UAE Logistics Platform Transportr Secures Eight-Figure Seed Funding Round

• UAE-based logistics platform Transportr has successfully completed an eight-figure Seed funding round led by Ittihad Ventures Holding and Industrial Capital Group.
• Transportr, founded in 2020, connects shippers and carriers across various industries with end-to-end freight services.
• The company aims to use the funding for its growth in the UAE and expansion into Saudi Arabia.
• The team is now preparing for a Series A funding round to support further growth and expansion.

Transportr, the region’s digital total logistics platform, has completed its eight-figure seed funding round by Ittihad Ventures Holding, the VC arm of Ittihad International Investment, and by Industrial Capital Group.

Since its establishment less than three years ago, Transportr has served as a premier, multimodal digital freight marketplace, connecting shippers and carriers across multiple industries with end-to-end services, and making the process of moving goods more efficient, transparent, and cost-effective.

Concerns about freight rates, manual processes and customer service were the primary drivers behind Transportr’s launch and the strong backing it attained from major customers, along with vendor reliability and responsiveness, visibility, and traceability along with document control.

Through a commitment to the use of technology and data analytics to unlock the supply and demand dynamics within the entire supply chain, the company set out to build a comprehensive digital logistics ecosystem for customers and vendors in the UAE that could be expanded into the GCC and MENA more broadly.

By leveraging technology, it offers customers the benefit of a seamless streamlined digital logistical process – allowing them to easily book, manage and track their shipments online in real time while providing its vendors with access to a large pool of logistics opportunities.

One of its key features is the ability to quickly compare rates from multiple carriers, enabling shippers to make informed and timely decisions regarding their shipping options. This level of transparency and competition has helped to drive down costs for businesses.

“Transportr has evolved to managing all freight modes (road, sea, rail and air) in addition to warehousing, material handling, logistics education and more”, said Hassan Khazem, CEO. He elaborated “Our vision is to provide any company with a one-stop shop digital solution to manage all its supply chain activities while having ESG factors in mind. We aim to unleash the power of aggregation and bring value to our partners such as significant cost savings, access to data analytics and AI.”

Overall, Transportr played a major role in the transformation of the logistics sector in the UAE by providing a modern, efficient, and customer-centric approach to supply chain management. As the company continues to grow, innovate and expand its services, it is targeting a continued rise to an even more important role in the global logistics ecosystem.”

Currently, the team is preparing for the Series A funding round to be used for the company’s growth in the UAE and expansion into KSA.

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