Saudi-based logistics technology firm Logexa has raised $2 million in a Pre-Series A round, backed by SEEDRA Ventures, Nour Nouf Ventures, and several angel investors. This new funding marks a major milestone for the company as it pushes to transform Saudi Arabia’s logistics landscape through smarter and more efficient systems.
Founded in 2021 by Hussam Sindi and Hussam Spano, Logexa is redefining how storage and transportation are managed across cities in the Kingdom. The company operates in the shared warehousing and transportation sector. It is using a model that optimizes the use of underutilized storage and transport spaces.
Transforming Logistics Through Smart Sharing
Logexa’s approach is based on a shared logistics model designed to maximize efficiency and reduce costs. Instead of relying on traditional, fixed-capacity warehouses, Logexa connects businesses to available logistics and storage assets in real time.
This model helps:
- Reduce idle capacity in warehouses and vehicles
- Cut transportation costs for businesses of all sizes
- Lower carbon emissions through better route and space utilization
- Enable small businesses to access premium logistics solutions affordably
By building a system where supply and demand meet seamlessly, Logexa ensures that every kilometer driven and every square meter of space counts.
Expanding the Digital Logistics Ecosystem
With the new funding, Logexa aims to scale its digital platform and build a comprehensive logistics marketplace. The platform will integrate warehousing, last-mile delivery, and transportation services into a unified ecosystem. This is giving customers real-time visibility and control over their logistics operations.
The company also plans to:
- Expand operations into more Saudi cities
- Develop advanced digital tools to enhance route optimization and space matching
- Partner with logistics providers to increase network capacity and reliability
- Invest in technology to improve automation, efficiency, and customer experience
According to the founders, the goal is to make logistics in Saudi Arabia more agile, sustainable, and data-driven.
Powering the Future of Saudi Supply Chains
Logexa’s mission goes beyond logistics efficiency. The company is helping shape Saudi Arabia’s Vision 2030 goals by promoting sustainability, innovation, and digital transformation in the logistics sector.
By leveraging technology and local expertise, Logexa is positioning itself as a key enabler of the next generation of smart supply chains across the Kingdom.