Milezmore, a startup that provides cloud fulfillment, last-mile delivery, and customizable operations solutions raised $5m from Brimore, a social commerce platform.
In the span of one year, Milezmore experienced tremendous growth and built an infrastructure reaching a warehousing area of over 20k SQM, expanding its footprint to the whole country through 15 delivery hubs, processing over 15m pieces, delivering 1m packages, and attracting over 25 new customers in different industries.
“For decades, Egypt has suffered from a fragmented traditional supply chain structure that no longer works with the rise of new commerce models, especially after being hit with a global pandemic. To address this challenge, we believed that the best solution was to invest in Milezmore to handle all the heavy operations. After all, Brimore’s promise is to create smart infrastructure for the masses, and our investment in Milezmore is a testament to that,” Mohamed Abdulaziz, CEO and co-founder of Brimore, said.
Milezmore’s mission is to enable its merchants to capture high growth potential by providing supercharged cloud logistics solutions. The funds will enable Milezmore to blitz scale its cloud solutions through robust technology, expandable storage area, higher delivery capacity, and double its team to enable a 50x increase in its customer base.
“We are proud to be the first Egyptian startup to offer all three services and cater to all types of companies. What I witnessed during the past four years is that the traditional supply chain wasn’t built to solve today’s problem, and I believe Milezmore was built for that. In one year, we were able to build a strong and passionate team who drove the company forward and achieved tremendous results. This is only the beginning, and we’re confident that Milezmore will revolutionize the logistics industry in the near future” Ahmed El Attar, Managing Director and Co-founder, Milezmore said.
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