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Leajlak secures 2.6 million dollars in seed funding for expansion

Riyadh-based startup Leajlak has secured SAR 10 million ($2.6 million) in seed funding from angel investors to enhance its AI-powered platform that connects merchants with logistics providers, focusing on last-mile delivery. The company plans to expand geographically within Saudi Arabia and enter new sectors like e-commerce and modern retail, while aiming to lead digital transformation in the delivery sector in line with Saudi Vision 2030. Founded in early 2023 by Khalid Albakry, Ahmed Rashid, and Haseeb Rahman, Leajlak is poised to capitalize on the booming delivery market driven by the growing e-commerce landscape.
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