Egypt-founded e-commerce logistics and enablement platform Flextock has raised $12.6 million in a Series A funding round led by TLcom Capital, the company said on Tuesday.
The round also drew participation from Conjunction Capital and Capria Ventures, alongside Access Bridge Ventures, Foundation Ventures, BY Venture Partners, JIMCO, Alter Global, MSA Capital and other investors.
Founded in 2021 by Mohamed Mossaad and Enas Siam, Flextock operates an integrated platform combining fulfilment, last-mile delivery aggregation, cross-border trade enablement, sales-channel access and embedded merchant financing. The company currently operates in Egypt and Saudi Arabia.
Flextock said it will use the new funding to expand its operational infrastructure in its core markets, enhance product capabilities across its end-to-end suite and accelerate merchant acquisition.
The company aims to integrate fulfilment, shipping, cross-border expansion and financing into a single operating system to reduce fragmentation for e-commerce businesses.
Its product portfolio includes Flextock for fulfilment and inventory management, Flexship for last-mile delivery aggregation, Flexborders for cross-border trade enablement, Flexshops for marketplace access and Flexcash for data-driven merchant financing.
As e-commerce adoption accelerates across the Middle East and North Africa, Flextock is positioning itself as infrastructure for small and medium-sized enterprises seeking scalable logistics and access to working capital, enabling regional expansion without heavy fixed costs.