# Retailo

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

- Industry: Retail
- Headquarters: Cologne, Germany
- Website: www.retailo.de
- Total disclosed funding: $9.3M
- Latest round: Series B (Apr 1, 2009)
- Investors on record: 3

## About

Retailo is a technology-driven company that enhances the efficiency of supply chain operations through its tailored solutions for small and medium-sized businesses.Retailo offers a platform designed to optimize inventory management and logistics for retailers. Founded by Edmilson Dias, Muhammad Ansari, and Wahaj Ahmed, the company is headquartered in Cologne, Germany. The most recent funding round, which occurred on October 12, 2020, raised USD 2.3 mn, led by Shorooq Partners LLC, with participation from 500 Global and 92 Ventures. This round brought the total amount raised by Retailo to USD 2.3 mn across four deals.Retailo specializes in providing a comprehensive suite of retail solutions aimed at enhancing the efficiency of supply chain operations for small and medium-sized businesses (SMBs). Their core product offerings include a robust platform that streamlines inventory management, order processing, and logistics for retailers, enabling them to optimize their operations and reduce costs. These solutions are designed to address common pain points within the retail sector, such as stock discrepancies, slow fulfillment processes, and the complexities of managing multiple suppliers. Retailo’s client base primarily consists of local retailers and wholesalers operating in the Middle Eastern markets, particularly in countries like Saudi Arabia and the UAE, where they have positioned their offerings to cater to the growing demand for modern retail solutions. The platform was launched in recent years and has quickly gained traction among businesses seeking to modernize their retail operations.Retailo generates revenue through a subscription-based model where clients pay a recurring fee to access their suite of services. This transaction structure allows Retailo to maintain steady cash flow while providing continuous support and updates to their platform. Customers typically engage with Retailo for a range of services, including inventory management and logistics, which are critical for their daily operations. Pricing plans are tiered to accommodate different business sizes and needs, ensuring that both small retailers and larger wholesalers can find suitable options. The flagship service focuses on seamless integration between various supply chain processes, enabling clients to minimize downtime and enhance their overall operational efficiency. Retailo's revenue model is structured not only around subscriptions but also includes potential partnerships with logistics providers, further solidifying their role in the retail ecosystem.In October 2020, Retailo raised USD 2.3 mn in venture funding to support its growth initiatives. The company plans to expand its product offerings, including new tools designed to further streamline supply chain operations, with specific release dates to be announced. Retailo is also targeting expansion into additional Middle Eastern markets, aiming to enhance its presence in regions with emerging retail sectors by 2023. The recent funding will be utilized to bolster product development and market entry strategies.

## Funding rounds

- Series B, Apr 1, 2009, $9.3M — Wellington Partners, Seventure Partners, Endeavour Vision
- Series A, May 7, 2008 — Wellington Partners, Endeavour Vision

## Investors

- Wellington Partners (https://capitalatlas.ai/funds/wellington-partners) — Series A, Series B
- Endeavour Vision (https://capitalatlas.ai/funds/endeavour-vision) — Series A, Series B
- Seventure Partners (https://capitalatlas.ai/funds/seventure-partners) — Series B