Iliad Partners
Iliad Partners is a venture capital firm based in Dubai, United Arab Emirates, that specializes in early-stage investments, particularly in startups at the Series A and B funding stages. Founded in 2014, the firm focuses on the technology sector, with a keen interest in software, internet-based ventures, and e-commerce enablement, which includes logistics, payments, and platforms. Iliad Partners also invests in financial technology, along with the digitization of various verticals such as financial services, insurance, real estate, hospitality, and artificial intelligence. The firm primarily targets the MENA region, emphasizing opportunities within the UAE, GCC, and Levant markets.
OTO is an All-in-one Shipping Management Software for Online Businesses & OmniChannel Brands to Ship, Manage, Track, Return & Analyze their online orders with 200+ Shipping Carriers from 1 consolidated dashboard. OTO's SaaS solution helps businesses to automate and streamline all their shipping operations through combined 6 systems including: Order Management System (OMS), Warehouse Management System (WMS), Last-Mile Management System (LMS), Drivers Management System (DMS), Returns Management System (RMS) & Customer Notification System (CNS). On the other hand, their Aggregator solution helps the the small and medium businesses (SMBs) selling online or offline to buy local and international shipping labels directly from OTO with no contracts needed with the shipping carriers with the best rates available in the market. OTO's solutions were designed to help their clients ship faster, cheaper and better, but saving them thousands of hours and millions in operational costs.
Penny Software
Seed Round in 2024
Penny Software, founded in 2020 and based in Riyadh, Saudi Arabia, specializes in developing a cloud-based procure-to-pay system known as Penny. This platform streamlines the entire procurement process, enabling organizations to digitize and manage their procurement cycle from request to approval. Key features of Penny include an action-driven dashboard, budget tracking, customizable reporting, a product comparison tool, and a structured timeline. The system is designed to simplify procurement activities, allowing users to manage requests for quotations, compare vendor offers, issue purchase orders, and process payments efficiently. Penny Software caters primarily to mid-sized enterprises, offering a modular and customizable solution that supports both private and public marketplaces, as well as procurement shared services.
Qashio is a spend management platform based in Dubai, founded in 2021. It provides businesses with a comprehensive solution for monitoring costs, making payments, and handling payables through the use of physical and virtual cards. Users can create customized cards, allocate budgets, control employee spending, and set approval layers, all while tracking card usage and analyzing expenditures in real time. By automating expense reporting and enhancing visibility and control over cash flows, Qashio aims to simplify company spending management and eliminate outdated manual processes, ultimately saving time and reducing petty cash leakage for organizations.
Fetchr is a logistics and shipment service provider that aids local merchants and global brands in establishing and expanding profitable eCommerce businesses. By leveraging proprietary technology, Fetchr addresses the challenge of delivering packages in regions lacking physical addresses, particularly in emerging markets. The company employs mobile applications and GPS technology to accurately locate users, facilitating faster and more efficient deliveries. Additionally, Fetchr utilizes predictive analytics and machine learning to optimize courier operations, streamlining both domestic and international shipments. This innovative approach enables clients to easily and quickly ship goods and products worldwide.
Fetchr
Convertible Note in 2019
Fetchr is a logistics and shipment service provider that aids local merchants and global brands in establishing and expanding profitable eCommerce businesses. By leveraging proprietary technology, Fetchr addresses the challenge of delivering packages in regions lacking physical addresses, particularly in emerging markets. The company employs mobile applications and GPS technology to accurately locate users, facilitating faster and more efficient deliveries. Additionally, Fetchr utilizes predictive analytics and machine learning to optimize courier operations, streamlining both domestic and international shipments. This innovative approach enables clients to easily and quickly ship goods and products worldwide.
TruKKer is a technology-enabled truck aggregator based in Abu Dhabi, UAE, founded in 2016. The company operates a logistics and fleet management platform that simplifies road freight and logistics operations by integrating demand and supply for land freight services. TruKKer's platform connects shippers and carriers in real time, ensuring maximum utilization of available trucks and reducing overall transportation costs. The company's network, powered by real-time data analytics, enhances reliability and transparency while creating opportunities for data monetization and consolidated procurement. By offering end-to-end coverage and a comprehensive service portfolio, TruKKer facilitates cross-border transportation services for various end markets, benefiting both shippers and transporters alike.
TruKKer
Convertible Note in 2019
TruKKer is a technology-enabled truck aggregator based in Abu Dhabi, UAE, founded in 2016. The company operates a logistics and fleet management platform that simplifies road freight and logistics operations by integrating demand and supply for land freight services. TruKKer's platform connects shippers and carriers in real time, ensuring maximum utilization of available trucks and reducing overall transportation costs. The company's network, powered by real-time data analytics, enhances reliability and transparency while creating opportunities for data monetization and consolidated procurement. By offering end-to-end coverage and a comprehensive service portfolio, TruKKer facilitates cross-border transportation services for various end markets, benefiting both shippers and transporters alike.
Fetchr is a logistics and shipment service provider that aids local merchants and global brands in establishing and expanding profitable eCommerce businesses. By leveraging proprietary technology, Fetchr addresses the challenge of delivering packages in regions lacking physical addresses, particularly in emerging markets. The company employs mobile applications and GPS technology to accurately locate users, facilitating faster and more efficient deliveries. Additionally, Fetchr utilizes predictive analytics and machine learning to optimize courier operations, streamlining both domestic and international shipments. This innovative approach enables clients to easily and quickly ship goods and products worldwide.
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