NaqlTech, a Riyadh-based logistics startup backed by TriplA Ventures, has closed a SAR 750,000 pre-seed round to scale its AI-powered last-mile delivery platform across Saudi Arabia.
The round was led by TriplA Ventures with participation from regional angel investors. The funding will be used to expand the technology team, accelerate product development, and onboard new enterprise clients across the Kingdom.
"Saudi Arabia's e-commerce market is growing at over 25% annually, and last-mile delivery remains the biggest bottleneck," said the NaqlTech founding team. "Our AI routing engine cuts delivery times by up to 40% — and we're just getting started."
NaqlTech's platform uses machine learning to optimize delivery routes in real time, integrating with existing warehouse management systems and providing end-to-end visibility for retailers and logistics operators. The company has already onboarded several mid-sized retailers across Riyadh and is in advanced discussions with major e-commerce platforms.
The logistics technology sector in Saudi Arabia is attracting significant investor attention as Vision 2030 initiatives drive rapid digitization across the supply chain. NaqlTech is well-positioned to capture this opportunity with its deep local market expertise combined with cutting-edge AI capabilities.