Cofe District
Latest round
- Series B
Last raised
- Mar 2023
Total raised
- $15M
Investors
- 5
About Cofe District
Cofe is a Kuwait-based online coffee marketplace that connects coffee enthusiasts with various shops, facilitating order customization and delivery through an intuitive mobile app. Cofe, founded in 2019 in Kuwait City, operates as an online platform for coffee ordering and delivery. The CEO and founder, Ali Al Ebrahim, has previously been involved in other entrepreneurial ventures. Cofe, founded in 2019 in Kuwait City, operates as an online platform for coffee ordering and delivery. The CEO and founder, Ali Al Ebrahim, has previously been involved in other entrepreneurial ventures. COFE App serves as an online coffee marketplace, enabling users to select preferred coffee shops, customize orders, and choose delivery or pickup options. The platform also enhances home brewing experiences by offering essential coffee supplies through COFE Market and includes features like COFE Credits for swift payments and gift card purchases, catering to a diverse customer base. COFE App generates revenue through direct-to-consumer sales via the app, utilizing COFE Credits for expedited transactions. Additionally, it offers prepaid subscriptions for regular coffee deliveries, establishing a recurring revenue model. Collaborations with over 400 specialty coffee brands contribute to its revenue through service agreements, while pricing plans are structured to meet the needs of both individual customers and businesses.
Who invested in Cofe District
5 investors across 1 round
See all investors in Cofe District
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Series B
Mar 14, 2023
Amount
$15M
Investors
Questions about Cofe District
Who invested in Cofe District?
Cofe District has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Cofe District raised?
Cofe District has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Cofe District last raise money?
Cofe District's most recent round on record is a Series B, in Mar 2023.
What does Cofe District do?
Cofe is a Kuwait-based online coffee marketplace that connects coffee enthusiasts with various shops, facilitating order customization and delivery through an intuitive mobile app.
Where is Cofe District headquartered?
Cofe District is headquartered in Riyadh, Saudi Arabia.
Which VCs invest in companies like Cofe District?
Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at Cofe District's stage. Their profiles are linked below.
VCs backing software startups at Series B
Raising like Cofe District? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.