BARQ - About the company
BARQ is a series A company based in Riyadh (Saudi Arabia), founded in 2020 by Ahmad Habbal and Abdullah Alshalhoub. It operates as a Provider of AI & SaaS-enabled delivery management solutions. BARQ has raised $9.9M in funding from investors like Oman Tech Fund, Jahez and Salica Investments. The company has 262 active competitors, including 65 funded and 17 that have exited. Its top competitors include companies like LoadShare, Ninja Van and Veho.
Company Details
Provider of AI & SaaS-enabled delivery management solutions. The solution helps merchants and retailers to manage their orders. Its features include order management, dispatching hubs, and branch locations, real-time notifications, order tracking, etc. It also provides multi-pickup points, route optimization, cash on delivery service. The merchant app is available on the Android platform.
- Website
- barqapp.com
- Email ID
- *****@barqapp.com
- Phone Number
- +966 **********
Key Metrics
Founded Year
2020
Location
Riyadh, Saudi Arabia
Stage
Series A
Total Funding
$9.9M in 2 rounds
Latest Funding Round
Investors
Ranked
38th among 262 active competitors
Employee Count
90 as on Jul 01, 2024
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BARQ's funding and investors
BARQ has raised a total funding of $9.9M over 2 rounds. Its first funding round was on Feb 07, 2022. Its latest funding round was a Series A round on Aug 2023 for $*****. 2 investors participated in its latest round. BARQ has 5 institutional investors.
Here is the list of recent funding rounds of BARQ:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 2023 | 1968267 | Series A | 9558532 | 3216179 | 9532236 | 1422089 |
Feb 07, 2022 | 5703029 | Seed | 4639226 | 5361672 |
View details of BARQ's funding rounds and investors
BARQ's founders and board of directors
Founder? Claim ProfileThe founders of BARQ are Ahmad Habbal and Abdullah Alshalhoub. Abdullah Alshalhoub is the CEO of BARQ.
Here are the details of BARQ's key team members:
- Ahmad Habbal: Co-Founder of BARQ. Contact Info: 1 email address
- Abdullah Alshalhoub: Co-Founder & CEO of BARQ. Contact Info: 1 email address
View details of BARQ's Founder profiles and Board Members
BARQ's employee count trend
BARQ has 90 employees as of Jul 24. Here is BARQ's employee count trend over the years:
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BARQ's Competitors and alternates
Top competitors of BARQ include LoadShare, Ninja Van and Veho. Here is the list of Top 10 competitors of BARQ, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of end-to-end logistics delivery services | $65M | 80/100 | ||
2nd | App-based platform providing last-mile B2C delivery services | $1.1B | 75/100 | ||
3rd | Veho 2016, Boulder (United States), Series B | AI-enable last-mile delivery services for e-commerce companies | $300M | 66/100 | |
4th | Online last-mile delivery services for e-commerce enterprises | $15M | 66/100 | ||
5th | Relay 2022, London (United Kingdom), Series A | Tech enabled ecommerce delivery services for retailers | $48.8M | 62/100 | |
6th | Provider of standard and custom delivery and logistics solutions | $324M | 62/100 | ||
7th | Provider of last-mile e-commerce delivery solutions | $383M | 62/100 | ||
8th | Provider of sustainable logistics & delivery services for e-commerce businesses | $136M | 60/100 | ||
9th | Gordon Delivery 2015, Stockholm (Sweden), Public | Crowdsourced end-to-end delivery services for businesses | $17.5M | 60/100 | |
10th | Fetchr 2012, Dubai (United Arab Emirates), Deadpooled | App-based platform for booking delivery services | $77M | 59/100 | |
38th | BARQ 2020, Riyadh (Saudi Arabia), Series A | Provider of AI & SaaS-enabled delivery management solutions | $9.9M | 43/100 |
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BARQ's Investments and acquisitions
BARQ has made no investments or acquisitions yet.
Reports related to BARQ
Here is the latest report on BARQ's sector:
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