Kitopi is the world’s leading state-of-the-art, managed cloud kitchen platform with over 1000 employees across UAE, KSA and Kuwait. Kitopi enables restaurants to open delivery only locations by providing the necessary infrastructure and software with minimal capital expenditures and time as well as taking care of the entire customer experience journey: receiving and processing orders, cooking, delivery operations and managing customer feedback.
Location: United Arab Emirates, Dubai
Employees: 1001-5000
Total raised: $415M
Founded date: 2018
Investors 5
| Date | Name | Website |
| - | Crescent E... | crescenten... |
| 04.03.2021 | Reshape Ho... | reshape.co |
| - | VentureSou... | venturesou... |
| - | MSA Novo | msanovo.co... |
| - | Wilshire L... | wilshirela... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 12.08.2021 | Series C | $415M | - |
Mentions in press and media 9
| Date | Title | Description |
| 20.09.2024 | "We Got Funded!" UAE-Based Cercli's US$4 Million Seed Round Marks Silicon Valley-Based Afore Capital's Debut MENA Investment Launched by Akeed Azmi and David Reche, Cercli enables MENA busin... | Cercli, a UAE-headquartered payroll and employee data platform, has raised US$4 million in a seed round led by Afore Capital, a Silicon Valley-headquartered pre-seed venture capital (VC) fund. With this, Afore Capital has made its debut inv... |
| 09.09.2024 | Cercli Raises $4M in Seed Funding | Cercli, a Dubai, UAE-based provider of an HR and Payroll platform for direct employees, contractors and EOR in MENA, raised $4M in Seed funding. The round was led by Afore Capital, with participation from COTU Ventures, Y Combinator and Reb... |
| 05.09.2024 | Cercli raised $4 M Seed funding to cement growth plans | Afore Capital, based in Silicon Valley, led a $4 million seed round for Cercli, the global workforce hiring, management, and payment platform for MENA businesses. With this historic transaction, Afore makes its MENA debut. Fund III, which h... |
| 06.12.2023 | BREAKING: Intelligent Growth Solutions to power UAE ‘GigaFarm’ capable of replacing 1% of imports | ReFarm, a consortium in the United Arab Emirates created by Dubai-based SSK Enterprises and process engineering solutions group Christof Global Impact (CGI), has signed an agreement with the FoodTech Valley to build a circular, closed-loop ... |
| 09.08.2021 | Kitopi's Mohamad Ballout Is Aiming To Have His Cloud Kitchen Platform Dominate MENA (And The World) With A US$415 Million Funding Round Led By SoftBank | August 9, 2021 15+ min read Opinions expressed by Entrepreneur contributors are their own. You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media. Shaking up the traditional brick and mortar model of resta... |
| 05.07.2021 | Brief: UAE cloud kitchen startup Kitopi raises $415m, joins billion-dollar club | Kitopi, a Dubai-based company providing cloud kitchen and delivery services for third-party food merchants, has raised $415 million in Series C funding. SoftBank‘s Vision Fund II led the round, with B. Riley, Chimera Investment, Doğuş Group... |
| 02.07.2021 | Dubai’s Kitopi hits unicorn status with USD 415 million Series C round led by SoftBank | Dubai-based cloud kitchen startup Kitopi has raised USD 415 million in a Series C investment led by SoftBank’s Vision Fund 2, the company said in a statement. It is one of the largest-ever financing rounds raised by a venture-backed company... |
| 01.07.2021 | UAE-based Kitopi secures USD 415 million | Kitopi, a UAE-based cloud kitchen platform with a wider geographical focus, has successfully closed a $415M Series C funding round led by Softbank Vision Fund 2 with participation from Chimera, DisruptAD, B. Riley, Dogus Group, Next Play Ca... |
| 03.02.2020 | Dubai-based cloud kitchen platform Kitopi raises $60m in Series B round | Premium Kitopi, a shared kitchen platform for online food delivery, has raised $60 million in a new round of financing led by Knollwood Investment Advisory and Lumia Capital to expand its services, the company said on Monday. Continue readi... |