Saudi's Bunat Ventures backs UAE logistic startup HashMove in a pre-Series A round

Bunat Ventures, a heterogeneous venture builder VC firm in partnership with a prominent conglomerate business group in the Kingdom of Saudi Arabia, have led a pre-Series A funding round into HashMove, a leading end-to-end integrated digital logistics platform.

Founded in 2017 by Noman Mohammad, Rayan Al Bakri and Sarfaraz Alam, HashMove connects shippers, carriers, ports, and service providers on a single integrated platform, facilitating end-to-end movement and tracking of cargo. The company supports sea freight, air freight, trucking, warehousing and value-added logistics services.  

By shifting to the energetic metropolis of Riyadh, Kingdom of Saudi Arabia, the UAE-based logistics platform is now embarking on its journey of growth and progress.

HashMove, which was founded by a creative group of seasoned logistics and technology specialists from Silicon Valley, Saudi Arabia, Dubai, London, and Saudi Arabia, has already attracted over 900 logistics suppliers from 90 different countries and is prepared to completely transform the world of logistics.

The startup provides unmatched solutions for finding instant rates for the first mile of logistics, easy and quick booking capabilities, and end-to-end cargo movements and tracking through its cutting-edge digital logistics platform.

The first multi-modal platform on the market combines services for value-added logistics, customs clearance, warehousing, and land, air, and sea transportation on a single platform.