Logexa
ActiveB2B on-demand warehousing and logistics marketplace that connects SMEs with flexible, short-term storage capacity and transport in existing third-party warehouses.
Logexa is a Jeddah-headquartered, asset-light logistics startup founded around 2020 by Husam Sendi (CEO), Husam Sabano (CTO), and Khalid Nagadi (COO), offering on-demand pallet- and square-meter-based storage across Riyadh, Jeddah, and Dammam without long-term contracts. In October 2025 it closed a $2 million pre-Series A round led by SEEDRA Ventures, with participation from Nour Nouf Ventures and angel investors, following an earlier $300K seed round from SEEDRA Ventures in 2021.
Founders
Funding Rounds
Lead: KAUST Taqadam
Investors: KAUST Taqadam
SAR 525,000 KAUST Taqadam accelerator grant, converted at SAR 3.75 = USD 140,000; year not stated (pre-2021 launch). The same article also mentions a SAR 10,000 (~USD 2,667) King Abdulaziz University prize, not recorded as a separate round. Confidence: confirmed (round 13, Arab News).
Lead: SEEDRA Ventures
Investors: SEEDRA Ventures
Raised September 2021 (day not given). Arab News, quoting the CEO, calls it a seed round; SEEDRA's own portfolio page labels its 2021 entry 'Pre-Seed'. Also: https://seedra.com/companies/logexa/ Confidence: confirmed (round 13, Arab News).
Lead: SEEDRA Ventures
Investors: SEEDRA Ventures, Nour Nouf Ventures
Investors: SEEDRA Ventures, Nour Nouf Ventures.
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