{"id":39717,"date":"2025-02-11T15:32:37","date_gmt":"2025-02-11T12:32:37","guid":{"rendered":"https:\/\/entarabi.com\/?p=39717"},"modified":"2025-02-11T15:48:28","modified_gmt":"2025-02-11T12:48:28","slug":"39717","status":"publish","type":"post","link":"https:\/\/entarabi.com\/en\/2025\/02\/39717\/","title":{"rendered":"PIESHIP Closes SEED Funding Round Worth SAR 7.875 Million Led by Nama Ventures"},"content":{"rendered":"<ul>\n<li dir=\"ltr\" style=\"text-align: left;\"><strong data-start=\"0\" data-end=\"71\">PIESHIP Closes SAR 7.855 Million Funding Round Led by Nama Ventures<\/strong><\/li>\n<li dir=\"ltr\" style=\"text-align: left;\"><strong data-start=\"74\" data-end=\"125\" data-is-last-node=\"\">SEEDRA Ventures Among Key Investors in the Round<\/strong><\/li>\n<\/ul>\n<p dir=\"ltr\" style=\"text-align: left;\">PIESHIP, a leading smart logistics and last-mile solutions provider, has successfully closed its SEED funding round worth SAR 7.875 million ($2.1 million).<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">The round was led by Nama Ventures, with participation from several prominent investment funds, including SEEDRA Ventures and angel investors.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">This investment will support PIESHIP\u2019s expansion plans in the Saudi market.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">The company aims to expand its operations into seven major cities, including Jeddah, Makkah, Madinah, Dammam, Al Khobar, Qassim, and Khamis Mushait.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">Additionally, PIESHIP plans to increase the number of registered drivers in its network to 5,000 captains, enhancing delivery efficiency and providing more flexible logistics solutions.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">Nasser Alharthi, Co-founder and CEO of PIESHIP, stated:&#8221;Closing our SEED funding round, led by Nama Ventures, reflects investors&#8217; confidence in our vision and strategy.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">We will continue investing in the development of our logistics technologies, particularly AI-powered solutions to manage our driver network.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">This will allow us to offer faster and more efficient services, ultimately enhancing customer experience and last-mile delivery operations.&#8221;<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">Mohammed Al-Zoubi, Founder and Managing Partner at Nama Ventures, commented:&#8221;At Nama Ventures, we believe in supporting startups with a clear vision and the potential to make a significant impact.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">PIESHIP has demonstrated its ability to provide innovative solutions for the last-mile logistics sector, and we are proud to lead this investment round, contributing to the company\u2019s continued success and expansion.&#8221;<\/p>\n<h1 dir=\"ltr\" style=\"text-align: left;\">In the coming months, PIESHIP will focus on:<\/h1>\n<ul>\n<li dir=\"ltr\" style=\"text-align: left;\">Enhancing user experience through improved tracking and communication systems.<\/li>\n<li dir=\"ltr\" style=\"text-align: left;\">Launching new services to support the logistics sector.<\/li>\n<li dir=\"ltr\" style=\"text-align: left;\">Developing advanced AI solutions for fleet management and data analysis, aimed at improving delivery efficiency and reducing transit times.<\/li>\n<\/ul>\n<p dir=\"ltr\" style=\"text-align: left;\">Founded in late 2023 by Nasser Alharthi, Musaed Al-Ameri, and Mohammed Mohsen, PIESHIP is a tech-driven platform specializing in last-mile delivery management.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">The company offers an intelligent system for shipment analysis, driver routing, and route optimization, leveraging artificial intelligence.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PIESHIP, a leading smart logistics and last-mile solutions provider, has successfully closed its SEED funding round worth SAR 7.875 million ($2.1 million).<\/p>\n","protected":false},"author":11,"featured_media":39718,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"post_subtitle":"","footnotes":""},"categories":[1772,1813],"tags":[5335,7023,7022,4028],"class_list":["post-39717","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startups","category-transportation","tag-nama-ventures","tag-nasser-alharthi","tag-pieship","tag-seedra-ventures"],"_links":{"self":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/39717","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/comments?post=39717"}],"version-history":[{"count":0,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/39717\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media\/39718"}],"wp:attachment":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media?parent=39717"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/categories?post=39717"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/tags?post=39717"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}