What is Quiqup?
Headquartered in the UAE, Quiqup operates at the intersection of e-commerce and logistics, providing a comprehensive q-commerce technology stack. The company specializes in optimizing the last-mile delivery experience, offering a suite of services that includes rapid fulfillment, seamless API integration, and granular data analytics. By bridging the gap between online storefronts and the end consumer, Quiqup empowers businesses to maintain competitive service levels in an increasingly digital-first retail environment. Its proprietary operating model is engineered for high-volume throughput, ensuring reliability and convenience for a diverse client base ranging from local merchants to multinational enterprises.
How much funding has Quiqup raised?
Quiqup has raised a total of $34.5M across 2 funding rounds:
Series A
$3M
Series B
$31.5M
Series A (2015): $3M with participation from Global Founders Capital and Delivery Hero
Series B (2020): $31.5M led by JOBI Capital, Global Founders Capital, Delivery Hero, Transmed, and Cedar Mundi
Key Investors in Quiqup
Global Founders Capital
Global Founders Capital is a global early-stage investor that empowers gifted entrepreneurs by backing them from pre-seed to IPO. With a track record of supporting over five hundred entrepreneurs worldwide, including notable companies like Facebook and LinkedIn, GFC focuses on category-defining ventures.
Delivery Hero
Delivery Hero SE is a global platform that connects users with restaurants and stores to deliver food, groceries, and everyday essentials quickly, operating a multi-brand ecosystem across Asia, the Middle East, Africa, Europe, and Latin America.
JOBI Capital
JOBI Capital is an investment firm focused on providing strategic capital to high-growth technology ventures, often participating in later-stage funding rounds to support market expansion.
What's next for Quiqup?
With the infusion of $31.5M, Quiqup is well-positioned to accelerate its regional expansion and deepen its technological capabilities. The strategic focus will likely center on enhancing its logistics network density and refining its predictive analytics engine to further reduce delivery latency. As the q-commerce landscape continues to evolve, Quiqup's ability to leverage its existing infrastructure and strategic partnerships will be instrumental in maintaining its market leadership. Future initiatives are expected to prioritize the integration of advanced automation tools and the expansion of its service ecosystem to support the next generation of digital commerce requirements.
See full Quiqup company page