BridgeLinx, a Lahore-based digital freight marketplace, recently raised a record $10 million in what is now Pakistan’s largest seed round.
The seed round was led by 20 VC, Josh Buckley’s Buckley Ventures, and Indus Valley Capital.
BridgeLinx was founded in 2020 by Muhammad Saad, Ahsan Tanveer, Abbas Hassan, and Salman Gul. The startup provides freight solutions for the country’s shippers that cover end-to-end load execution, hassle-free shipping through their mobile and web platforms, national coverage across Pakistan, and personalized round-the-clock support through dedicated account managers as well.
Salman Gul, the co-founder and CEO of BridgeLinx, stated, “with logistics averaging at 10% of GDP globally, deploying technology to optimize and create visibility across global supply chains is a trillion-dollar opportunity. At BridgeLinx, we are on a mission to redefine the way in which businesses manage supply chains – from procurement and shipping to warehousing and distribution. Our journey starts with road freight in Pakistan, and the talent-dense team we are building is incredibly privileged to be backed by some of the best investors from around the world.”
Harry Stebbings of 20VC, said regarding the investment, “for me, the best investments combine incredible, category-defining entrepreneurs with macro headwinds. BridgeLinx is just that – a team of phenomenal entrepreneurs operating in a space with limitless potential.”
Aatif Awan, Managing Partner at Indus Valley Capital, said, “BridgeLinx has cracked the code for making end-to-end freight work in a hassle-free manner and therefore signed up some of the top businesses in Pakistan. We believe this team is well on its way to bring unprecedented efficiencies to the country’s economy and are really excited to partner with them.”