Fundz

Shorages raises $1 million in a pre-Series A round led by Joa Capital for international expansion

PRIVATEApr 25, 2024

Amount Raised

$1 Million

Round Type

Pre-Series A

E CommerceSupply Chain ManagementLogistics

Investors

S3 Ventures FundJoa Capital

Description

UAE-based logistics startup Shorages has raised a $1 million pre-Series A funding round led by Joa Capital for international expansion and to launch more warehouses across the GCC.

Quick answer

Shorages raised $1 Million in a Pre-Series A round, dated April 25, 2024. Investors: S3 Ventures Fund and Joa Capital.

How much did Shorages raise?
Shorages raised $1 Million in a Pre-Series A round on April 25, 2024.
Who invested in Shorages?
S3 Ventures Fund and Joa Capital are named as investors in this round.
What does Shorages do?
Shorages is a UAE and KSA-based start-up that is disrupting the warehousing industry.
Who are the decision-makers at Shorages?
Fundz holds 1 contact at Shorages. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in E Commerce and Supply Chain Management around the same time

Companies in the same sectors as Shorages that raised within 45 days of this round, from Fundz verified event records.

  • Whizz raised $12M (Series A) on June 6, 2024.
  • ketteQ raised $1.9M on May 31, 2024.
  • shipzero raised $8.6M (Series A) on May 27, 2024.
  • BTrust raised $1.5M (Seed) on May 20, 2024.
  • MDD raised $27M (Series A) on May 19, 2024.
  • GoodShip raised $8M (Series A) on May 16, 2024.

Who to call at Shorages, and when

A new round usually means Shorages is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Shorages raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Shorages, from your own LinkedIn network

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Company Information

Company

Shorages

About

Shorages is a UAE and KSA-based start-up that is disrupting the warehousing industry. It is a network of distribution and fulfillment centers that help brands start and scale their operation across the GCC. Reach out to our team today to find out more about how we can help remove the stress of logistics away.

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Fundz sees it the moment Shorages raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

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ML-powered predictions for Shorages's next move

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Shorages raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.