Mylerz Raises $2M Debt Financing

Mylerz, a logistics startup based in Cairo, Egypt, has secured more than $2 million in a combination of debt and equity funding. The company provides an end-to-end e-commerce logistics platform that integrates fulfillment and last-mile delivery services for online merchants.

Investors

The funding round was led by Lorax Capital Partners, with participation from Fawry and a group of existing investors.

Mylerz Use of Funds

Mylerz plans to use the new capital to expand its fulfillment infrastructure, increase the capacity of its delivery network, and enhance its proprietary technology stack that powers its same-day and next-day delivery services. The funds will also support the company's balance sheet and working capital requirements.

About Mylerz

Founded in 2019 by Samer Gharaibeh, Mylerz is an e-commerce logistics company that provides end-to-end fulfillment and last-mile delivery services for online merchants across Egypt. The company operates a proprietary technology platform that enables businesses to manage shipments, inventory, and logistics operations through a centralized dashboard.

Funding Details

Company Website: https://mylerz.com

Company: Mylerz
Raised: $2,000,000
Round: Debt Financing
Funding Date: July 22, 2026
Lead Investor: Lorax Capital Partners
Additional Investors: Fawry
Software Category: Logistics Technology
Source: https://www.techinafrica.com/egypts-mylerz-secures-over-usd-2-million-to-grow-e-commerce-logistics-operations/