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LogisEye
LogisEye advances to the final phase of TAQADAM
LogisEye recently announced that it has been shortlisted to the final phase of TAQADAM, the region’s leading tech startup accelerator program.
TAQADAM is a startup accelerator powered by KAUST and SABB. Since 2016, Taqadam helped founders push the boundaries of what is possible, giving them the funds, tools, and hands-on resources to define and refine their companies — and bring their gamechanging businesses to market.
TAQADAM believes in the power of people with big ideas, bold thinking and creativity to change the world and backing MENA’s most remarkable founders who are creating the next generation of startups, a press communique stated.
Launched in 2021, LogisEye is a digital freight procurement platform with its global headquarters in Dubai, connecting importers/exporters with logistics service providers and cargo insurance brokers.
Digital Solutions
LogisEye’s digital solutions include LogieBid the reverse auction to procure competitive market freight rates and LogiQuote, the Marketplace for instant freight & marine insurance rates for air & courier.
“LogisEye will pave the way for a new era of digital freight solutions to make your freight procurement faster, easier and costeffective,” affirmed CM Mathew, Founder & CEO, LogisEye Solutions FZCO.
LogisEye has advanced to the final round by scoring high on Scalability, Defensibility, Sales & Marketing, Traction and Team, compared to most of the other startups participating in this program, LogisEye will get continued access to TAQADAM’s mentors and experts who will support us in our growth phase.
Final round
LogisEye will have the opportunity and access to showcase LogisEye to investors from the region during the final round event to be held in Jeddah, Saudi Arabia, between February 25 to March 3, 2023.
“We thank all our existing customers, suppliers and partners and look forward to engage with many more stakeholders and strategic partners in an effort to increase productivity and transparency in the wider logistic service sourcing sphere,” asserted Mathew.
LogisEye
The trillion-dollar plus global freight industry demands smart and evolving technologies with an increased focus on procurement and overall supply chain transformation to meet the needs of the changing customer requirements.
LogisEye offers state-of-the-art cloud-based digital logistics procurement ecosystem, integrating with all parties on the value chain. With its multiple innovative solutions, scheduled to be launched over three phases, aim to solve the key challenges in the procurement and payment of logistics services.
LogisEye not only accelerates digital transformation in the logistics industry but also adds value to each stakeholder across the value chain.
The platform aims to simplify and standardize the logistics procurement processes and efficiently manage air freight, sea freight, road transportation, and cargo insurance, resulting in cost savings, real-time shipment tracking, and transparency— excerpted from company sources.
