Riyadh - Sharikat Mubasher: Saudi cloud store company Cloud Shelf secured SAR 14.1 million in a pre-Series A round, with participation from Jahez, Impact46, GSI Ventures, Seedra Ventures, and RZM Investment, the company announced in a statement.

Cloud Shelf will dedicate the proceeds to accelerate its growth by entering into new sectors to reach more customers. It also plans to expand geographically to cover the main cities in the Kingdom and offer inclusive solutions to help its customers grow.

Founded in 2021, Cloud Shelf provides innovative solutions in the e-commerce sector to improve the customer experience and targets enabling e-stores to enter the quick-commerce sector. It helps brands enlarge their revenue by entering into the quick-commerce industry platforms, leveraging their geographic expansion.

Ibrahim Alsegayyir, CEO of Cloud Shelf, stated that broadening the company's appearance in delivery applications would contribute to increasing the sales volume of brands and enhancing the customers’ experience.

For his part, Waleed Albarrak, Senior Investment Associate at Seedra Ventures, said that the investment reflects the company’s commitment to solidify Cloud Shelf’s position as the main enabler of the quick-commerce sector and key player in boosting the digital infrastructure of the e-commerce sector.