Online Coffee Market Place, Mobile App, Food & Delivery, On-Demand Delivery, Coffee Delivery App
COFE App gives coffee drinkers a smart way to order their daily coffee. The mobile application serves as an online coffee marketplace and aims to bring about a lifestyle change for its users by providing a smarter, more efficient way to get to their daily caffeine dose. With an intention to fulfil all the needs a coffee lover could possibly have, COFE App provides coffee beverages from both chain coffee houses as well as specialty coffee roasters. Users can also source coffee beans, coffee machines and coffee accessories through the mobile application.COFE APP is funded by a multi-national cross-sector base of entrepreneurs and venture capital (VC) funds from the Middle East and Silicon Valley. The company's Series A funding round was led by KISP ventures a fund established by KFH Capital (Kuwait). Other investors include: Cedar Mundi (Lebanon), Towell Holding International (Oman), Takamul Capital and Dividend Gate Capital (Bahrain), and Nizar AlNusif Sons Holding and Arab Investment Company (Kuwait)
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Feb 13, 2019 | Seed | $3.20M | 5 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Nizar AlNusif Sons Holding | — | Seed |
Takamul Capital | — | Seed |
Towell Holding International | — | Seed |
Dividend Capital | — | Seed |
Cedar Mundi Ventures | — | Seed |