UAE-based delivery platform swftbox raised $2 million in SEED led by MENA Technology Fund where Polymath Ventures, AirAngels, and Ithraa Investment Company alongside strategic investorsalso participated.
The goal of swftbox is to assist online merchants in improving the customer experience through quicker and more seamless deliveries. Swftbox will use the funding to expand its services further throughout the area, collaborating with E-commerce merchants and delivery services to improve regional delivery experiences. According to the platform, it employs proprietary algorithms for route optimization and automation to improve service levels, boost transparency, and increase profitability for retailers and courier services.