UAE's Logistics Startup HashMove Relocates HQ to Riyadh After Successful Pre-Series A Led by KSA's Bunat Ventures

• Saudi's Bunat Ventures leads successful Pre-Series A funding round for HashMove, an Integrated Digital Logistics Platform based in Dubai.
• HashMove was founded in 2017 by Rayan Al Bakri, Sarfaraz Alam, and Noman Mohammad with the aim of revolutionizing global logistics through their state-of-the-art digital platform.
• The investment will facilitate HashMove's headquarters relocation to Riyadh. The company has also secured a landmark deal with United Warehousing Company (UWC).

Bunat Ventures, in collaboration with a prominent conglomerate business group in the Kingdom of Saudi Arabia, has led a Pre-Series A round for HashMove, a leading end-to-end Integrated Digital Logistics Platform.

Founded by a visionary team of seasoned logistics and technology experts from Saudi Arabia, Dubai, London, and Silicon Valley, HashMove has already attracted over 900 logistics providers across 90 countries and is poised to revolutionize the global logistics landscape. With their state-of-the-art digital logistics platform, they offer unparalleled solutions for sourcing instant rates for the first mile of logistics, seamless and instant booking capabilities, and end-to-end cargo movements and tracking. The industry's first multi-modal platform offers sea, air, ground, customs clearance, warehousing and value-add logistics services all in a single unified platform. 

Related: Trade & Logistics Role in Today's Global Economic Woes

HashMove is now entering into its journey of growth and expansion by relocating its headquarters to the vibrant city of Riyadh, Kingdom of Saudi Arabia. They are already making headlines by signing a landmark deal with United Warehousing Company (UWC), an eminent 3PL logistics powerhouse based in Jeddah, to make UWC one of the region's first Digital 3PL provider, aligning perfectly with the goals of Saudi Vision 2030.

Guided by the unparalleled expertise of its Co-Founders — Rayan Al Bakri, Sarfaraz Alam, and Noman Mohammad — each a luminary in logistics and technology, HashMove has become the fastest-growing Logistics platform in the region and is propelling the industry into uncharted frontiers of success.

Related:

• SVC’s Role in Creating a Healthy Investor Ecosystem in Saudi Arabia
• PIF Launches Lifera to Advance Pharma Manufacturing in Saudi Arabia
• South Korea and Saudi Arabia Launch $160M Startup Fund with Participation from SVC and Jada Fund of Funds
• Trade & Logistics Role in Today's Global Economic Woes

---

Send us your press releases to shareyournews@lucidityinsights.com