- UAE-based logistics platform HashMove has raised an undisclosed pre-Series A round, led by Bahrain’s Bunat Ventures in collaboration with a Saudi business group.
- Founded in 2017 by Noman Mohammad, Rayan Al Bakri and Sarfaraz Alam, HashMove offers solutions for sourcing instant rates for the first mile of logistics, booking capabilities, and end-to-end cargo movements and tracking.
- The funding will facilitate HashMove's expansion and relocation of its HQ to Saudi Arabia.
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.
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.