Egyptian logistics startup Milezmore secures $5m pre-seed round from Brimore

Milezmore, an Egyptian startup that offers cloud fulfillment, last mile delivery, and customisable operations solutions, has received $5 million in pre-seed funding from social commerce platform Brimore.

Milezmore, which was founded a year ago, aims to help merchants capitalize on high growth potential by providing supercharged cloud logistics solutions. It offers a comprehensive range of dependable, scalable, and cost-effective fulfillment solutions powered by cutting-edge technology, allowing businesses to provide a seamless fulfillment experience to their customers.

The startup has experienced rapid expansion, resulting in a warehousing area of more than 20,000 square meters.

It has expanded its footprint to cover the entire country of Egypt via 15 delivery hubs, processing over 15 million items, delivering over a million packages, and attracting 25 customers from various industries.

Brimore, which uses the power of individual social networks to enable broad, cost-effective market access, was Milezmore’s first customer and has now invested US$5 million in the startup after raising a US$25 million Series A funding round last month.

Milezmore will be able to quickly scale its cloud solutions thanks to robust technology, expandable storage capacity, and increased delivery capacity, as well as double its team to enable a 50X increase in its customer base.

“We are proud to be the first Egyptian startup to provide all three services to all types of businesses.” What I’ve seen over the last four years is that the traditional supply chain was not designed to solve today’s problems, and I believe Milezmore was. We were able to build a strong and passionate team that drove the company forward and achieved tremendous results in just one year. “We are confident that Milezmore will revolutionize the logistics industry in the near future,” said Ahmed El Attar, Milezmore’s managing director and co-founder.

Brimore believed that investing in a company that manages all of its logistics was the way forward, especially since Egypt continues to suffer from the inefficiencies of the traditional supply chain structure.

“Egypt has suffered for decades from a fragmented traditional supply chain structure that no longer works with the rise of new commerce models, particularly after being hit by a global pandemic.” To address this issue, we believed that investing in Milezmore to handle all heavy operations would be the best solution. After all, Brimore’s promise is to build smart infrastructure for the masses, and our investment in Milezmore demonstrates that,” said Mohamed Abdulaziz, CEO and co-founder of Brimore.