Flextock Raises $12.6M Series A Led by TLcom Capital
Egypt-founded e-commerce logistics and enablement platform Flextock has secured $12.6 million in a Series A funding round led by TLcom Capital, with participation from Conjunction Capital, Capria Ventures, 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 offers an integrated platform combining fulfilment and inventory management, last-mile delivery aggregation, cross-border trade enablement, marketplace access, and embedded merchant financing. The company operates across Egypt and Saudi Arabia, enabling merchants to manage logistics, sales, and cash flow through a unified technology layer.
The newly raised capital will be deployed to:
- Expand operational infrastructure in core markets
- Enhance product capabilities across its end-to-end suite
- Accelerate merchant acquisition in Egypt and Saudi Arabia
- Further integrate fulfilment, shipping, cross-border expansion, and financing into a single operating system
Flextock’s portfolio includes Flextock (fulfilment & inventory management), Flexship (last-mile aggregation), Flexborders (cross-border enablement), Flexshops (marketplace access), and Flexcash (data-driven merchant financing).
As e-commerce adoption accelerates across MENA, Flextock is positioning itself as infrastructure for SMEs seeking scalable logistics and access to working capital—helping merchants expand regionally without heavy fixed costs.
