# Calo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/calo

- Industry: Food
- Headquarters: Riyadh, Saudi Arabia
- Website: www.calo.app
- Total disclosed funding: $78M
- Latest round: Series B (Jul 29, 2025)
- Investors on record: 11

## About

Based in Riyadh, Saudi Arabia, and founded in 2019, Calo Inc. operates as a direct-to-consumer food tech company. Ahmed Alrawi (CEO) and Moayed Almoayed are the co-founders of the company. In July 2025, Calo Inc. raised USD 39 million in Series B funding led by Aljazira Capital, with participation from Oraseya Capital, Nuwa Capital, STV, Khwarizmi Ventures, and Al Faisaliah Group. The funding was part of a larger USD 64 million Series B round. The company provides personalized meal subscription plans to health-conscious customers. Users can sign up for a subscription by making an account on the app, and meals will be delivered every day unless they skip a day or cancel their membership. Every day, users can choose from a menu of more than ten different meals to create their own dinners. Calo's app analyses the calories and macronutrients customers require and then sends them ready-to-eat meals that are portioned to meet their fitness objectives. The company plans to use the funding from July 2025 to expand globally, enhance personalization, grow its product offerings, support its growth, and explore physical collaborations.

## Funding rounds

- Series B, Jul 29, 2025, $39M — AlJazira Capital, Al Faisaliah Group, STV, Khwarizmi Ventures, Nuwa Capital, Oraseya Capital
- Series B, Dec 30, 2024, $25M — STV, Khwarizmi Ventures, Nuwa Capital
- Seed, Dec 8, 2021, $14M — 500 Startups, Al Faisaliah Group, Vision Ventures, STV, Khwarizmi Ventures, Nama Ventures, Nuwa Capital, Savour Ventures
- Seed, Apr 5, 2020 — Almoayed Ventures

## Investors

- Almoayed Ventures (https://capitalatlas.ai/funds/almoayed-ventures) — Seed
- 500 Startups — Seed
- Al Faisaliah Group (https://capitalatlas.ai/funds/al-faisaliah-group) — Seed, Series B
- Vision Ventures — Seed
- STV (https://capitalatlas.ai/funds/stv) — Seed, Series B
- Khwarizmi Ventures (https://capitalatlas.ai/funds/khwarizmi-ventures) — Seed, Series B
- Nama Ventures (https://capitalatlas.ai/funds/nama-ventures) — Seed
- Nuwa Capital (https://capitalatlas.ai/funds/nuwa-capital) — Seed, Series B
- Savour Ventures (https://capitalatlas.ai/funds/savour-ventures) — Seed
- AlJazira Capital (https://capitalatlas.ai/funds/aljazira-capital) — Series B
- Oraseya Capital (https://capitalatlas.ai/funds/oraseya-capital) — Series B