Addressing Last-Mile Challenges
In response to the surge in last-mile delivery demand in the UAE and the growing concern over carbon emissions, Dubai-based startup Wize was founded in 2022. Alexander Lemzakov, the CEO, identified an opportunity to revolutionize the last-mile delivery landscape in the region by introducing eco-friendly solutions.
Providing Eco-Friendly Solutions
Wize offers a range of eco-friendly last-mile delivery solutions to businesses, including electric motorcycles for rent, battery-as-a-service, swapping stations, and fleet management software. The startup caters to various industries, such as e-commerce, retail, food delivery, and logistics.
Data-Driven Fleet Management
Wize’s mobile app allows clients to easily rent or subscribe to electric vehicles, while their cloud-based SaaS platform enables businesses to manage fleets, optimize delivery routes, and collect valuable data on driver behavior and vehicle performance. This data-driven approach empowers businesses to make informed decisions and improve operational efficiency.
Reducing Costs and Emissions
By transitioning to Wize’s electric vehicles, businesses can experience significant cost savings. The startup collaborates with manufacturers to rent out electric motorcycles, reducing fuel costs by up to 80% and lowering maintenance expenses. Wize’s innovative battery swapping stations further streamline the charging process, making it hassle-free for drivers.
White-Label Solutions
Wize also offers white-label solutions, allowing logistics companies to leverage their fleet and battery infrastructure. This turnkey platform integrates seamlessly with logistics systems, providing customization options for branding, mobile apps, API integration, reporting, and analytics.
Expansion Plans and Funding
Since its inception in 2022, Wize has secured $16 million in funding, including a pre-seed round led by MENA-focused angel investors. The startup plans to expand its fleet, battery-swapping infrastructure, and enter new markets in MENA and globally. Additionally, Wize aims to form strategic partnerships with energy providers, technology companies, and government agencies.
Looking Ahead
With the global last-mile delivery market projected to grow, Wize is well-positioned to capitalize on the increasing demand. The startup’s focus on sustainability, innovative solutions, and strategic expansion plans signal a promising future in the rapidly evolving last-mile delivery landscape.
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