One Click Delivery Services, a UAE-based last-mile logistics technology startup, has confirmed that it received funding from the Middle East Venture Partners (MEVP) in its first-ever external investment round.
The company didn’t reveal the amount of funding MEVP has committed to.
One Click’s primary objective is to provide a technology platform that bridges the gap between delivery agents and businesses requiring on-demand delivery. This platform encompasses a diverse range of services including food delivery, groceries and parcel delivery, and e-commerce, among others.
The company calls their services a win-win solution for all, including end-users who can now have their fair share of an affordable last-mile delivery mechanism. At the same time, companies are also spared the need to maintain and manage huge feets of drivers for delivery.
One Click Delivery claims to have already completed “over a million orders” till date. With a month-on-month growth rate of 36%, and has recently set up in Muscat. If all goes well, the company plans on expanding to other cities in MENA and South-East Asia by the end of 2018.
Speaking of the new investment round supported by MEVP, Hassan Hallas, co-founder and Chief Executive of One Click Delivery said: “We will use the new capital to expand our operations beyond UAE, accelerate our rapid growth, further develop our proprietary technology and continue to build our team with passionate and success driven people.”
“It’s exciting because we now have the capacity to redefine the last mile delivery industry, ensuring seamless and technology-enabled last mile delivery service for consumers and businesses.”
Meanwhile, Walid Mansour, Chief Investment Officer at MEVP, said that the venture capital firm was wowed by One Click’s approach, technology, and operational capabilities. He went on saying that of all the startups MEVP has come across, One Click Delivery has an economically sustainable business model that “has made last-mile logistics a viable business.”