Cartlow DMCC

RetailSeries ADubai, United Arab Emiratescartlow.com

Latest round

Series A

Last raised

Jun 2022

Total raised

$21M

Investors

4

About Cartlow DMCC

Founded in 2019 and headquartered in Dubai, United Arab Emirates, Cartlow DMCC operates as an online retail platform focused on electronics. The company has undergone strategic developments to enhance its service offerings. The founders, Mohammed Sleiman and Nour Sleiman, have established a solid base for the company.Cartlow INTL primarily operates as an online retail platform offering a diverse range of electronics, gadgets, and digital services at competitive prices. Their core product offerings include a variety of consumer electronics such as smartphones, laptops, gaming consoles, and household appliances, alongside digital products like gift cards and e-gaming services. These products cater to a wide clientele, including individual consumers looking for affordable electronics, tech enthusiasts, and businesses seeking bulk purchases or gift cards for employee incentives. The company also emphasizes partnerships with major brands and financial institutions to enhance its service offerings.The revenue model of Cartlow INTL is structured around direct-to-consumer sales and business-to-business transactions, where clients can purchase both individual items and bulk orders. The company generates revenue through the sale of electronic products and digital services, including gift cards for various retail and entertainment platforms. Transactions often involve immediate purchases by consumers, facilitated through their website and mobile applications, allowing quick access to competitive pricing. Cartlow also leverages partnerships with financial institutions like Emirates NBD and ADCB, enabling payment solutions that may include installment plans or discounts for specific consumer segments. The company aims to introduce new product offerings and enhance its existing technology by the end of 2023, thereby solidifying its market presence in targeted regions.

Who invested in Cartlow DMCC

4 investors across 3 rounds

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Funding rounds

  1. Series A

    Jun 15, 2022

    Amount

    $18M

    Investors

    Locked

  2. Seed

    Nov 2, 2020

    Amount

    $2M

    Investors

    Locked

  3. Seed

    Mar 1, 2020

    Amount

    $1.5M

    Investors

    Locked

Questions about Cartlow DMCC

Who invested in Cartlow DMCC?

Cartlow DMCC has 4 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Cartlow DMCC raised?

Cartlow DMCC has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Cartlow DMCC last raise money?

Cartlow DMCC's most recent round on record is a Series A, in Jun 2022.

What does Cartlow DMCC do?

Founded in 2019 and headquartered in Dubai, United Arab Emirates, Cartlow DMCC operates as an online retail platform focused on electronics.

Where is Cartlow DMCC headquartered?

Cartlow DMCC is headquartered in Dubai, United Arab Emirates.

Which VCs invest in companies like Cartlow DMCC?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back retail companies at Cartlow DMCC's stage. Their profiles are linked below.

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