Egyptian e-commerce infrastructure startup Flextock has announced the final close of its USD 12.6 million Series A funding round, led by TLcom Capital.
The funding round also saw participation from Conjunction Capital, Capria Ventures, Access Bridge Ventures, Foundation Ventures, B&Y Venture Partners, JIMCO, Alter Global, MSA Capital, and other investors.
The company disclosed plans to use the new capital to deepen its integrated platform and expand operational infrastructure across Egypt and Saudi Arabia, enabling merchants to grow sales, expand cross-border, and manage fulfillment, delivery, and financing through a unified system.
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“Merchants don’t need more disconnected tools, they need an operating system built for growth,” said Mohamed Mossaad, Co-Founder and CEO of Flextock. “By bringing fulfillment, shipping, cross-border expansion, and cash flow management into one unified platform, we remove the operational friction that slows merchants down.”
Also commenting, Cyril Shonibare, Principal at TLcom Capital said, “What excites us about Flextock is that it is addressing the growing needs of e-commerce merchants in MENA by providing them with a comprehensive platform that allows them to focus on their brand and customers rather than juggling multiple service providers,”
Founded to address fragmentation in emerging-market e-commerce, Flextock integrates logistics, trade, sales channels, and access to capital into a single operating system. The platform enables merchants to scale efficiently without heavy fixed costs, tackling structural barriers that have historically limited digital commerce growth across Africa and the Middle East.
Flextock’s product ecosystem includes:
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Flextock — core fulfillment and inventory management.
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Flexship — last-mile delivery aggregation.
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Flexborders — cross-border e-commerce and trade enablement.
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Flexshops — access to online sales channels and marketplaces.
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Flexcash — embedded, data-driven merchant financing solutions.
“For millions of SMEs across Africa and MENA, unreliable fulfillment and limited access to working capital have kept e-commerce out of reach. By making logistics and cross-border selling predictable and scalable, Flextock solves a structural problem, enabling existing merchants to grow while creating conditions for new businesses to take their first step into e-commerce. We believe Flextock is building critical infrastructure for the next wave of digital merchants in the region, “ said Mobola Da-Silva, Venture Partner at Capria Ventures.
The company has achieved significant scale, supporting merchants across Egypt and Saudi Arabia with a unified commerce infrastructure. Merchants working with Flextock have reportedly more than doubled their sales on average within their first year on the platform. The company processes billions in annual gross merchandise value and delivers consistent merchant experience through its technology-driven, asset-light model.
Founded in 2021 by Enas Siam and Mohamed Mossaad, Flextock operates across Egypt, Saudi Arabia, and the United Arab Emirates, providing scalable warehousing and delivery services for e-commerce businesses. Its technology-driven model supports partners through end-to-end logistics services, from warehousing and fulfillment to last-mile delivery and cash management.
Flextock’s infrastructure includes efficient storage solutions where products are received, inspected, sorted, labeled, and stored using racking systems, shelving units, and pallet storage. Its merchant portal provides real-time inventory visibility and accurate stock tracking, while its financial system ensures timely invoicing and maintains healthy cash flow through accurate billing and cash collection tracking.
With the new funding, Flextock aims to deepen investment in its end-to-end product suite spanning fulfillment, delivery, cross-border trade, sales channel enablement, and merchant financing, while expanding operational capacity and accelerating merchant acquisition across its core markets.