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§ Private Profile · Kuwait, Al Kuwayt, Kuwait
Mobile app marketplace for coffee ordering, delivery, beans, capsules, machines, and B2B solutions in the coffee supply chain.
COFE App is a Dubai, United Arab Emirates-based mobile marketplace that connects consumers and businesses with coffee houses, roasters, and vendors for ordering beverages, beans, and brewing equipment. The platform operates across multiple markets, including Kuwait, Saudi Arabia, and Egypt, with a workforce of 51 to 100 employees, facilitating the sale of over 8.1 million cups of coffee to date. Having accumulated 4.1 million app downloads and 40,000 active users, the company expanded its regional footprint and B2B supply chain capabilities through the strategic acquisitions of Sippy Beans and Kaffeen. The enterprise has raised $25 million in total funding, which includes a $15 million Series B financing round backed by institutional investors such as Wa'ed Ventures and eWTP Arabia Capital. COFE App was officially launched in 2018 by founder and chief executive officer Ali Al Ebrahim.
COFE App has raised $28.2M across 3 funding rounds.
COFE App has raised $28.2M in total across 3 funding rounds.
COFE App has raised $28.2M across 3 funding rounds. Most recently, it raised $15.0M Series B in March 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 14, 2023 | $15M Series B | EWTP Arabia Capital | — | Announced |
| May 2, 2021 | $10M Series B | AL Imtiaz Investment Group | — | Announced |
| Feb 14, 2019 | $3.2M Seed Plus | Arab Investment Company, Cedar Mundi Ventures, Dividend Gate Capital, KFH Capital, Kisp Ventures, Nizar AlNusif Sons Holding, Takamul Capital, Towell Holding International | — | Announced |
COFE App has raised $28.2M in total across 3 funding rounds.
COFE App's investors include eWTP Arabia Capital, Al Imtiaz Investment Group, Arab Investment Company, Cedar Mundi Ventures, Dividend Gate Capital, KFH Capital, KISP Ventures, Nizar AlNusif Sons Holding, Takamul Capital, Towell Holding International.