ShipBlu Technology
Latest round
- Seed
Last raised
- Nov 2021
Total raised
- $2.4M
Investors
- 6
About ShipBlu Technology
ShipBlu Technology, founded in 2020 in Cairo, Egypt, offers advanced logistics solutions aimed at eCommerce retailers. The company was co-founded by Ahmad Kawass and Ali Nasser, with Ali Nasser currently serving as the CEO.ShipBlu offers a comprehensive suite of shipping solutions designed to streamline the logistics process for eCommerce businesses. Their core product, ShipBlu Instant Payout, allows clients to access cash collections on the same day, addressing the urgent need for liquidity to support growth initiatives. Additionally, ShipBlu Verify enhances trust with a robust verification process for delivery attempts, while ShipBlu Secure ensures secure transactions via unique QR codes sent to customers on delivery day. The myBlu app provides consumers with flexible installment payment options through Valu, catering to the growing demand for diverse payment choices.ShipBlu's revenue model is structured around transactional fees and service subscriptions, tailored for various clients, including retailers and businesses requiring direct-to-consumer shipping solutions. The company generates income via its flagship services, such as automated billing and shipment tracking systems, which enhance cash flow efficiency for clients. Each transaction typically includes associated shipping fees, along with potential charges for premium features like expedited processing or advanced analytics tools.4 mn to support the launch of new products and expand its market presence. The company aims to introduce additional shipping solutions designed for specific eCommerce segments, with anticipated launches in the upcoming year. Furthermore, ShipBlu is targeting expansion into new markets within the MENA region by 2023, leveraging its proven logistics model to tap into growing eCommerce sectors in neighboring countries.
Who invested in ShipBlu Technology
6 investors across 2 rounds
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Questions about ShipBlu Technology
Who invested in ShipBlu Technology?
ShipBlu Technology has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has ShipBlu Technology raised?
ShipBlu Technology has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did ShipBlu Technology last raise money?
ShipBlu Technology's most recent round on record is a Seed, in Nov 2021.
What does ShipBlu Technology do?
ShipBlu Technology, founded in 2020 in Cairo, Egypt, offers advanced logistics solutions aimed at eCommerce retailers.
Where is ShipBlu Technology headquartered?
ShipBlu Technology is headquartered in Cairo, Egypt.
Which VCs invest in companies like ShipBlu Technology?
Among active investors with capital left to deploy, WestBridge Capital Partners, Ventures Platform, Persistent Energy Capital and Norrsken22 back logistics & distribution companies at ShipBlu Technology's stage. Their profiles are linked below.
VCs backing logistics & distribution startups at Seed
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