Dubai – Mubasher: Dubai-based delivery logistics platform WIMO announced that it has raised an amount of $500,000 in seed funding led by Dubai Angel Investors (DAI) and other regional based prominent angel investors.
Founded in 2017 by two software engineers Wissam Aboueida and Mohamed Bahaa, WIMO, a delivery platform that enables companies to automate their logistics operations, has offices in Dubai and Riyadh, with expansion plans in the region.
Commenting on the deal, CEO of WIMO Wissam Aboueida said, “WIMO was designed with 2 main objectives in mind, easy-to-use software and logistics automation. Companies from different industries face daily challenges in managing their last-mile ground teams and till date leading courier companies and retailers are relying on excel and outdated clunky and complex systems to manage their day-to-day operations.”
He added that the platform has crossed 3 million deliveries and on-boarded many prominent enterprise clients across the UAE and Saudi Arabia.
“With this new funding, we are very excited to work with DAI to expand our presence in Dubai and Riyadh and expand our engineering team to enrich our platform with better automation and enterprise capabilities,” the CEO noted.
