ShipBlu bags $2.4M for its e-commerce and fulfillment service
African e-commerce fulfillment startups backed by Y Combinator seem to be piquing investors’ interest this year for their niche e-commerce play.
Summer batch graduate ShipBlu is the latest on that list and confirmed to TechCrunch that it has raised $2.4 million in seed funding.
The company, founded by Ali Nasser, Ahmed ElKawass, Abdelrahman Hosny in 2020, operates a delivery and fulfillment model. It delivers packages of all kinds for merchants and retailers — ranging from mom and pop stores and social media to fashion retailers who make thousands of shipments and international brands — to customers in Egypt.
On the fulfillment side, ShipBlu stores merchants’ products in warehouses it leases. Then it connects with merchants’ online stores and monitors orders via a dashboard, so when they come in, ShipBlu picks and packs the orders from the warehouse and sends them to the customers.
ShipBlu charges its customers per package, depending on two standard sizes, destination and shipping speed.