- Viero Raises $1.2 Million in Seed Funding to Support the Logistics Services Sector in Saudi Arabia
- The round was led by Watheeq Capital and Share Investment Co, with participation from Numu Angel Network, Black Iris Angel Network, and a group of strategic angel investors.
- The funding will be directed toward supporting Viero’s regional expansion plans.
Viero (formerly known as CarGenie), a unified platform serving fleet operators and logistics companies, has raised $1.2 million in a seed funding round.
The round was led by Watheeq Capital and Share Investment Co, with participation from Numu Angel Network, Black Iris Angel Network, alongside a group of strategic angel investors.
About Viero
Founded in 2024 by Khaled Daggag, Ahmed Alotaibi, and Marrat Khamash, Viero is headquartered in Saudi Arabia and operates across Saudi Arabia and Jordan.
The company serves fleet operators and logistics providers facing fragmented systems across distribution management, tracking, vehicle payments, and financial reconciliation.
Today, fleet operators face major challenges due to their reliance on multiple disconnected tools to manage daily operations, including separate systems for delivery management, order processing and collections, and day-to-day operational expenses.
Viero addresses these challenges by integrating and simplifying delivery operations and vehicle-related payments into a single, real-time unified platform.
The newly raised funding will be used to accelerate product development and support market expansion, as Viero continues to scale its platform regionally and enhance its capabilities for fleet operators seeking greater operational and financial control.
