Melltoo

InternetSeedDubai, United Arab Emiratesmelltoo.com

Latest round

Seed

Last raised

Jan 2017

Total raised

$1.8M

Investors

6

About Melltoo

Founded in 2013 and headquartered in Dubai, United Arab Emirates, Melltoo operates as a mobile marketplace facilitating peer-to-peer trading.Melltoo primarily operates as a mobile marketplace focused on peer-to-peer trading, enabling users to buy and sell second-hand goods through its platform. The core offering is a user-friendly mobile application that facilitates the listing of items, messaging between buyers and sellers, and secure payment processing. The platform targets environmentally conscious consumers by providing an efficient way to engage in local transactions, particularly appealing to urban dwellers.Melltoo generates revenue through a commission-based structure, taking a percentage of each transaction facilitated through its platform. This direct-to-consumer model incentivizes sellers to price their items competitively while ensuring that Melltoo benefits from transaction volumes. The company aims to introduce new features and products designed to further enhance user engagement and streamline the trading process. Additionally, Melltoo is targeting expansion into new geographic regions to increase its market presence.

Who invested in Melltoo

6 investors across 3 rounds

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Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Seed

    Jan 23, 2017

    Amount

    $1M

    Investors

    Locked

  2. Seed

    Jun 1, 2016

    Amount

    $0.6M

    Investors

    Locked

  3. Seed

    Mar 16, 2015

    Amount

    $0.2M

    Investors

    Locked

Questions about Melltoo

Who invested in Melltoo?

Melltoo has 6 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 Melltoo raised?

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

When did Melltoo last raise money?

Melltoo's most recent round on record is a Seed, in Jan 2017.

What does Melltoo do?

Founded in 2013 and headquartered in Dubai, United Arab Emirates, Melltoo operates as a mobile marketplace facilitating peer-to-peer trading.

Where is Melltoo headquartered?

Melltoo is headquartered in Dubai, United Arab Emirates.

Which VCs invest in companies like Melltoo?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Peak XV Partners, MPCi and Luminous Ventures back internet companies at Melltoo's stage. Their profiles are linked below.

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